Chong-Moon Lee Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 585,000 | 641,155 | −56,155 | 0.5 | 0% |
| 2012 | 350,000 | 317,405 | 32,595 | 2.3 | 0% |
| 2013 | 600,000 | 623,511 | −23,511 | 0.7 | 0% |
| 2014 | 1,880,000 | 398,590 | 1,481,410 | 45.7 | 0% |
| 2015 | 1,000,000 | 479,024 | 520,976 | 51.1 | 0% |
| 2016 | 3,500,000 | 556,973 | 2,943,027 | 107.4 | 0% |
| 2017 | 2,000,000 | 1,309,596 | 690,404 | 52.0 | 0% |
| 2018 | 0 | 214,696 | −214,696 | 305.1 | 0% |
| 2019 | 1,300,000 | 404,808 | 895,192 | 188.4 | 0% |
| 2020 | 500,000 | 965,052 | −465,052 | 73.2 | 0% |
| 2021 | 0 | 362,174 | −362,174 | 183.1 | 0% |
| 2022 | 0 | 1,252,652 | −1,252,652 | 40.9 | 0% |
| 2023 | 0 | 578,144 | −578,144 | 76.7 | 0% |
In its most recent public year (2023), this organization spent $578,144 more than it brought in. Its reserves stood at about 76.7 months of spending, up from 0.5 in 2011. Staff pay was 0% 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
Chong-Moon Lee 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