Sun Ray Chinese School Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 285,491 | 232,700 | 52,791 | 13.0 | 32% |
| 2012 | 320,138 | 239,292 | 80,846 | 16.7 | 33% |
| 2013 | 499,313 | 318,200 | 181,113 | 19.4 | 26% |
| 2014 | 530,092 | 333,045 | 197,047 | 25.6 | 33% |
| 2015 | 684,287 | 396,161 | 288,126 | 30.2 | 38% |
| 2016 | 623,080 | 607,009 | 16,071 | 20.1 | 28% |
| 2017 | 532,992 | 449,271 | 83,721 | 29.3 | 36% |
| 2018 | 693,853 | 412,205 | 281,648 | 40.2 | 45% |
| 2019 | 561,175 | 426,776 | 134,399 | 42.6 | 43% |
| 2020 | 407,678 | 295,518 | 112,160 | 66.0 | 46% |
| 2021 | 205,729 | 250,864 | −45,135 | 75.6 | 41% |
| 2022 | 173,458 | 217,483 | −44,025 | 84.8 | 38% |
| 2023 | 143,649 | 232,732 | −89,083 | 74.7 | 37% |
In its most recent public year (2023), this organization spent $89,083 more than it brought in. Its reserves stood at about 74.7 months of spending, up from 13 in 2011. 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 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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