Chi Mi Alumni Association
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2019 | 0 | 0 | 0 | — | — |
| 2020 | 697,351 | 446,550 | 250,801 | 32.5 | 0% |
| 2021 | 352,186 | 537,087 | −184,901 | 22.1 | 0% |
| 2022 | 76,279 | 174,112 | −97,833 | 60.9 | 0% |
| 2023 | 121,339 | 156,830 | −35,491 | 58.7 | 0% |
In its most recent public year (2023), this organization spent $35,491 more than it brought in. Its reserves stood at about 58.7 months of spending. Staff pay was 0% of spending. $53,183 of its net assets are donor-restricted.
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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