New Jersey Korean American Chamber Of Commerce Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2014 | 232,107 | 199,209 | 32,898 | 3.1 | 0% |
| 2015 | 70,874 | 113,772 | −42,898 | 0.9 | 13% |
| 2016 | 106,519 | 91,100 | 15,419 | 3.2 | 18% |
| 2017 | 105,259 | 124,237 | −18,978 | 0.5 | — |
| 2018 | 165,629 | 164,645 | 984 | 0.5 | — |
| 2019 | 136,972 | 131,123 | 5,849 | 1.1 | — |
| 2020 | 104,709 | 93,006 | 11,703 | 3.1 | — |
| 2021 | 96,574 | 119,596 | −23,022 | 0.1 | — |
| 2022 | 87,873 | 89,372 | −1,499 | -0.1 | — |
| 2023 | 74,338 | 73,040 | 1,298 | 0.1 | — |
In its most recent public year (2023), this organization brought in $1,298 more than it spent. Its reserves stood at about 0.1 months of spending, down from 3.1 in 2014.
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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