Korean American Federation Of Utah
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 62,889 | 56,777 | 6,112 | 1.3 | — |
| 2012 | 39,776 | 38,314 | 1,462 | 2.4 | — |
| 2013 | 41,183 | 36,840 | 4,343 | 3.9 | — |
| 2014 | 50,007 | 45,822 | 4,185 | 4.2 | — |
| 2015 | 57,377 | 50,016 | 7,361 | 5.6 | — |
| 2016 | 46,055 | 56,208 | −10,153 | 2.8 | — |
| 2017 | 51,323 | 39,486 | 11,837 | 7.6 | — |
| 2018 | 40,926 | 50,407 | −9,481 | 3.7 | — |
| 2019 | 43,035 | 42,254 | 781 | 4.7 | — |
| 2020 | 41,565 | 27,854 | 13,711 | 13.0 | — |
| 2021 | 43,575 | 47,336 | −3,761 | 5.4 | — |
| 2022 | 116,002 | 120,589 | −4,587 | 1.6 | — |
| 2023 | 126,322 | 132,263 | −5,941 | 1.0 | — |
In its most recent public year (2023), this organization spent $5,941 more than it brought in. Its reserves stood at about 1 months 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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