Korean Service Center Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 1,861,860 | 1,423,769 | 438,091 | 5.7 | 66% |
| 2021 | 1,929,526 | 1,403,384 | 526,142 | 10.3 | 65% |
| 2022 | 2,098,454 | 1,491,404 | 607,050 | 14.5 | 62% |
| 2023 | 2,066,189 | 1,584,853 | 481,336 | 17.3 | 66% |
In its most recent public year (2023), this organization brought in $481,336 more than it spent. Its reserves stood at about 17.3 months of spending, up from 5.7 in 2020. Staff pay was 66% 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
A new entry when its next filing is released. No account, no email; works in any feed reader, Slack, or automation tool. How following works