The Korean American Seniors Association Of Chicagoland Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 12,804 | 31,785 | −18,981 | 66.7 | — |
| 2013 | 14,950 | 15,474 | −524 | 109.9 | — |
| 2014 | 18,058 | 0 | 18,058 | — | — |
| 2015 | 24,769 | 0 | 24,769 | — | — |
| 2016 | 46,071 | 44,145 | 1,926 | 35.5 | — |
| 2017 | 41,828 | 42,286 | −458 | 0.0 | — |
| 2018 | 41,932 | 38,204 | 3,728 | 34.6 | — |
| 2019 | 54,753 | 46,310 | 8,443 | 28.7 | — |
| 2020 | 31,870 | 33,645 | −1,775 | 37.2 | — |
| 2021 | 9,478 | 18,297 | −8,819 | 59.5 | — |
| 2022 | 34,635 | 30,748 | 3,887 | 34.7 | — |
| 2023 | 31,510 | 38,584 | −7,074 | 22.4 | — |
In its most recent public year (2023), this organization spent $7,074 more than it brought in. Its reserves stood at about 22.4 months of spending, down from 66.7 in 2012.
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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