Michael Yang Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 25,769 | 26,655 | −886 | 64.8 | 0% |
| 2012 | 23,841 | 16,104 | 7,737 | 122.4 | 0% |
| 2013 | 23,638 | 23,762 | −124 | 92.2 | 0% |
| 2014 | 32,202 | 19,943 | 12,259 | 114.7 | 0% |
| 2015 | 19,728 | 20,549 | −821 | 105.7 | — |
| 2016 | 38,631 | 19,079 | 19,552 | 126.2 | — |
| 2017 | 32,011 | 17,245 | 14,766 | 149.9 | — |
| 2018 | 15,810 | 15,833 | −23 | 152.9 | — |
| 2019 | 12,645 | 17,559 | −4,914 | 159.0 | — |
| 2020 | 2,400 | 13,754 | −11,354 | 212.7 | — |
| 2021 | 26,761 | 15,199 | 11,562 | 225.4 | — |
| 2022 | 17,879 | 14,264 | 3,615 | 212.4 | — |
| 2023 | 5,699 | 10,717 | −5,018 | 314.8 | — |
In its most recent public year (2023), this organization spent $5,018 more than it brought in. Its reserves stood at about 314.8 months of spending, up from 64.8 in 2011.
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
Michael Yang Foundation'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