Korean American Chamber Of Commerce Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2014 | 0 | 0 | 0 | — | — |
| 2015 | 0 | 0 | 0 | — | — |
| 2016 | 0 | 0 | 0 | — | — |
| 2018 | 107,919 | 91,484 | 16,435 | 2.2 | — |
| 2019 | 42,447 | 41,408 | 1,039 | 5.1 | — |
| 2020 | 91,800 | 91,359 | 441 | 3.1 | — |
In its most recent public year (2020), this organization brought in $441 more than it spent. Its reserves stood at about 3.1 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 2020. 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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