Vietnamese Asso Of Illinois
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2019 | 4,469,356 | 4,200,878 | 268,478 | 8.3 | 80% |
| 2020 | 5,480,965 | 5,047,829 | 433,136 | 8.0 | 79% |
| 2021 | 6,835,047 | 5,968,112 | 866,935 | 10.1 | 80% |
| 2022 | 7,479,571 | 6,584,501 | 895,070 | 10.5 | 83% |
| 2023 | 7,999,955 | 7,527,543 | 472,412 | 10.2 | 79% |
In its most recent public year (2023), this organization brought in $472,412 more than it spent. Its reserves stood at about 10.2 months of spending, up from 8.3 in 2019. Staff pay was 79% of spending.
Reserve months = net assets ÷ average monthly spending; net assets count everything the organization owns beyond its debts — buildings and donor-restricted funds included, not just cash. Staff pay = salaries, wages, and officer compensation; it excludes benefits and payroll taxes. The IRS releases this data years after the fact — this organization's newest public year is 2023. Years refer to the calendar year in which the organization's fiscal year ended. Short-form filers do not publicly report donor-restricted balances or staffing costs. Source filings
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