Korean Adoptees Ministry Center
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 75,470 | 57,139 | 18,331 | 10.2 | — |
| 2013 | 45,978 | 47,981 | −2,003 | 11.7 | — |
| 2014 | 36,277 | 61,273 | −24,996 | 6.7 | — |
| 2015 | 47,950 | 50,053 | −2,103 | 7.7 | — |
| 2016 | 46,590 | 48,656 | −2,066 | 7.6 | — |
| 2017 | 61,077 | 51,050 | 10,027 | 9.6 | — |
| 2018 | 64,130 | 53,116 | 11,014 | 11.7 | — |
| 2019 | 68,349 | 63,569 | 4,780 | 10.7 | — |
| 2020 | 64,695 | 57,508 | 7,187 | 13.3 | — |
| 2021 | 123,967 | 113,459 | 10,508 | 7.9 | — |
| 2022 | 118,668 | 98,312 | 20,356 | 11.6 | — |
| 2023 | 115,157 | 110,203 | 4,954 | 10.9 | 72% |
In its most recent public year (2023), this organization brought in $4,954 more than it spent. Its reserves stood at about 10.9 months of spending. Staff pay was 72% of spending. $56,145 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
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