Korean Cbmc Of North America
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 218,919 | 223,724 | −4,805 | 9.2 | 51% |
| 2021 | 264,328 | 221,518 | 42,810 | 11.6 | 54% |
| 2022 | 510,652 | 467,405 | 43,247 | 6.6 | 31% |
| 2023 | 511,488 | 529,574 | −18,086 | 5.4 | 24% |
In its most recent public year (2023), this organization spent $18,086 more than it brought in. Its reserves stood at about 5.4 months of spending, down from 9.2 in 2020. Staff pay was 24% 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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