Saejong Society Of Metropolitan Detroit
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 90,150 | 120,241 | −30,091 | 60.5 | 0% |
| 2021 | 113,813 | 103,073 | 10,740 | 71.8 | 0% |
| 2022 | 109,520 | 143,713 | −34,193 | 48.6 | 0% |
| 2023 | 188,591 | 121,233 | 67,358 | 64.3 | 0% |
In its most recent public year (2023), this organization brought in $67,358 more than it spent. Its reserves stood at about 64.3 months of spending, up from 60.5 in 2020. Staff pay was 0% 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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