Hmong American Center Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 678,280 | 843,802 | −165,522 | 9.4 | 48% |
| 2012 | 491,698 | 717,695 | −225,997 | 7.2 | 41% |
| 2014 | 567,980 | 723,502 | −155,522 | 4.6 | 49% |
| 2015 | 622,626 | 668,207 | −45,581 | 4.2 | 35% |
| 2016 | 209,782 | 150,730 | 59,052 | 23.1 | 11% |
| 2017 | 207,149 | 219,832 | −12,683 | 15.2 | 13% |
| 2018 | 129,288 | 164,332 | −35,044 | 20.3 | 23% |
| 2019 | 122,362 | 145,829 | −23,467 | 20.9 | 33% |
| 2020 | 210,530 | 180,389 | 30,141 | 18.9 | 28% |
| 2021 | 701,024 | 535,133 | 165,891 | 10.6 | 14% |
| 2022 | 638,418 | 1,009,972 | −371,554 | 1.2 | 50% |
| 2023 | 1,994,385 | 1,519,005 | 475,380 | 4.0 | 34% |
In its most recent public year (2023), this organization brought in $475,380 more than it spent. Its reserves stood at about 4 months of spending, down from 9.4 in 2011. Staff pay was 34% 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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