Long Island Chinese American Association Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2016 | 63,909 | 49,515 | 14,394 | 4.9 | — |
| 2017 | 92,696 | 57,833 | 34,863 | 11.4 | — |
| 2018 | 102,325 | 85,742 | 16,583 | 10.0 | 0% |
| 2019 | 70,533 | 53,808 | 16,725 | 19.7 | 0% |
| 2020 | 233,363 | 180,500 | 52,863 | 9.4 | 0% |
| 2021 | 23,056 | 5,737 | 17,319 | 331.3 | — |
| 2022 | 11,737 | 25,322 | −13,585 | 68.6 | — |
| 2023 | 14,803 | 7,761 | 7,042 | 234.8 | — |
In its most recent public year (2023), this organization brought in $7,042 more than it spent. Its reserves stood at about 234.8 months of spending, up from 4.9 in 2016.
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
Long Island Chinese American Association Inc's IRS filings as a feed — one entry per filing year, through 2023. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works