Korean American Outreach Group
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2017 | 46,468 | 38,701 | 7,767 | 4.0 | 0% |
| 2018 | 36,619 | 36,070 | 549 | 4.4 | 0% |
| 2020 | 43,608 | 39,772 | 3,836 | 1.2 | 57% |
| 2021 | 66,836 | 76,311 | −9,475 | -0.8 | 37% |
In its most recent public year (2021), this organization spent $9,475 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-0.8 months), down from 4 in 2017. Staff pay was 37% 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 2021. 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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