K G Global Initiative Nfp
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2021 | 21,980 | 50,024 | −28,044 | -10.0 | — |
| 2022 | 8,984 | 11,525 | −2,541 | -43.8 | — |
| 2023 | 40,673 | 39,236 | 1,437 | -11.4 | — |
In its most recent public year (2023), this organization brought in $1,437 more than it spent. Its liabilities exceeded its net assets — reserves were below zero (-11.4 months), down from -10 in 2021.
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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