Shong Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2018 | 81,000 | 39,573 | 41,427 | 0.0 | 0% |
| 2019 | 74,208 | 54,313 | 19,895 | 0.0 | 0% |
| 2020 | 104,000 | 90,594 | 13,406 | 0.0 | 0% |
| 2021 | 69,687 | 91,401 | −21,714 | 13.1 | 0% |
| 2022 | 72,660 | 85,323 | −12,663 | 12.1 | 0% |
| 2023 | 100,548 | 83,617 | 16,931 | 13.4 | — |
In its most recent public year (2023), this organization brought in $16,931 more than it spent. Its reserves stood at about 13.4 months of spending, up from 0 in 2018.
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
Shong 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