Washington State Korean-American Education And Culture Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2017 | 91,840 | 0 | 91,840 | — | — |
| 2018 | 23,905 | 52 | 23,853 | 72966.0 | — |
| 2019 | 100,939 | 575 | 100,364 | 8693.2 | — |
| 2020 | 86,175 | 5,586 | 80,589 | 1067.4 | — |
| 2021 | 58,352 | 0 | 58,352 | — | — |
| 2023 | 331,517 | 51,646 | 279,871 | 111.7 | 0% |
In its most recent public year (2023), this organization brought in $279,871 more than it spent. Its reserves stood at about 111.7 months of spending. Staff pay was 0% 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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