Filipino American Council Of Chicago
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 87,559 | 89,281 | −1,722 | 1.7 | 31% |
| 2013 | 45,207 | 52,957 | −7,750 | 1.1 | 27% |
| 2014 | 44,558 | 57,682 | −13,124 | -1.7 | 17% |
| 2015 | 52,845 | 58,129 | −5,284 | -2.8 | 15% |
| 2016 | 51,491 | 55,887 | −4,396 | -3.9 | 5% |
| 2023 | 80,888 | 55,462 | 25,426 | 11.3 | — |
| 2024 | 104,414 | 77,274 | 27,140 | 12.3 | — |
In its most recent public year (2024), this organization brought in $27,140 more than it spent. Its reserves stood at about 12.3 months of spending, up from 1.7 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 2024. 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
Filipino American Council Of Chicago's IRS filings as a feed — one entry per filing year, through 2024. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works