Cheon Il Guk Incorporated
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2013 | 34,134 | 42,567 | −8,433 | -4.1 | — |
| 2014 | 22,681 | 22,745 | −64 | -7.7 | — |
| 2015 | 26,989 | 25,695 | 1,294 | -6.3 | — |
| 2016 | 4,824 | 11,075 | −6,251 | -21.3 | — |
| 2017 | 4,119 | 12,661 | −8,542 | -26.7 | — |
| 2018 | 9,076 | 8,645 | 431 | -38.5 | — |
| 2019 | 4,084 | 4,733 | −649 | -72.0 | — |
| 2020 | 8,342 | 5,369 | 2,973 | -56.8 | — |
| 2021 | 7,389 | 7,491 | −102 | -40.9 | — |
| 2022 | 7,048 | 6,657 | 391 | -45.3 | — |
| 2023 | 7,359 | 7,750 | −391 | -39.5 | — |
In its most recent public year (2023), this organization spent $391 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-39.5 months), down from -4.1 in 2013.
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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