K J Choi Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 832,780 | 304,164 | 528,616 | 26.2 | 0% |
| 2021 | 257,810 | 215,063 | 42,747 | 39.4 | 0% |
| 2022 | 280,056 | 289,413 | −9,357 | 29.1 | 0% |
| 2023 | 373,406 | 386,658 | −13,252 | 21.4 | 0% |
In its most recent public year (2023), this organization spent $13,252 more than it brought in. Its reserves stood at about 21.4 months of spending, down from 26.2 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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