Belmont Chinese American Association
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 106,944 | 105,354 | 1,590 | 2.9 | — |
| 2021 | 24,713 | 20,580 | 4,133 | 17.0 | — |
| 2022 | 48,364 | 29,526 | 18,838 | 19.5 | — |
| 2023 | 58,544 | 60,445 | −1,901 | 9.2 | — |
In its most recent public year (2023), this organization spent $1,901 more than it brought in. Its reserves stood at about 9.2 months of spending, up from 2.9 in 2020.
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
Belmont Chinese American Association'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