Chinese Cultural Foundation Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 67,021 | 51,613 | 15,408 | -14.6 | — |
| 2021 | 22,000 | 52,697 | −30,697 | -12.5 | — |
| 2022 | 36,820 | 55,297 | −18,477 | -15.9 | — |
| 2023 | 224,485 | 208,146 | 16,339 | -3.3 | 0% |
In its most recent public year (2023), this organization brought in $16,339 more than it spent. Its liabilities exceeded its net assets — reserves were below zero (-3.3 months), up from -14.6 in 2020. 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
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