Willie Ng Family Foundation Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2016 | 0 | 0 | 0 | — | — |
| 2017 | 0 | 0 | 0 | — | — |
| 2018 | 0 | 0 | 0 | — | — |
| 2019 | 100,000 | 12,552 | 87,448 | 83.6 | — |
| 2020 | 3,502 | 27,146 | −23,644 | 28.2 | — |
| 2021 | 11,024 | 28,665 | −17,641 | 19.3 | — |
| 2022 | 700 | 40,486 | −39,786 | 1.9 | — |
| 2023 | 500,297 | 68,624 | 431,673 | 76.6 | 0% |
In its most recent public year (2023), this organization brought in $431,673 more than it spent. Its reserves stood at about 76.6 months of spending. 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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