American Korean Friendship Society Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2016 | 67,500 | 37,750 | 29,750 | 9.5 | — |
| 2017 | 27,200 | 16,118 | 11,082 | 30.4 | — |
| 2018 | 59,800 | 66,766 | −6,966 | 6.3 | — |
| 2019 | 44,000 | 51,840 | −7,840 | 6.3 | — |
| 2020 | 42,000 | 10,204 | 31,796 | 69.2 | — |
| 2021 | 76,700 | 20,015 | 56,685 | 69.3 | — |
| 2022 | 76,084 | 90,254 | −14,170 | 12.8 | — |
| 2023 | 51,300 | 98,299 | −46,999 | 6.0 | — |
In its most recent public year (2023), this organization spent $46,999 more than it brought in. Its reserves stood at about 6 months of spending, down from 9.5 in 2016.
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
American Korean Friendship Society Inc'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