Hmong American Farmers Association
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2013 | 178,963 | 162,925 | 16,038 | 8.8 | — |
| 2014 | 1,174,284 | 502,713 | 671,571 | 18.3 | 39% |
| 2015 | 752,930 | 680,918 | 72,012 | 14.8 | 49% |
| 2016 | 1,619,011 | 1,040,624 | 578,387 | 16.2 | 40% |
| 2017 | 1,207,110 | 1,153,913 | 53,197 | 16.9 | 50% |
| 2018 | 1,365,781 | 1,403,902 | −38,121 | 13.6 | 47% |
| 2019 | 708,993 | 953,132 | −244,139 | 16.9 | 50% |
| 2020 | 2,535,566 | 1,156,894 | 1,378,672 | 28.2 | 45% |
| 2021 | 2,076,781 | 1,171,493 | 905,288 | 37.2 | 43% |
| 2022 | 4,207,164 | 1,565,643 | 2,641,521 | 48.0 | 39% |
| 2023 | 2,824,420 | 1,197,730 | 1,626,690 | 78.9 | 42% |
In its most recent public year (2023), this organization brought in $1,626,690 more than it spent. Its reserves stood at about 78.9 months of spending, up from 8.8 in 2013. Staff pay was 42% of spending. $1,605,991 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
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