Seo & Hwang Foundation Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2019 | 200,175 | 14,180 | 185,995 | 292.9 | 0% |
| 2020 | 500,000 | 32,000 | 468,000 | 305.3 | 0% |
| 2021 | 451,915 | 57,020 | 394,895 | 254.4 | 0% |
| 2022 | 7,060 | 61,206 | −54,146 | 226.4 | 0% |
| 2023 | 534,003 | 49,300 | 484,703 | 399.1 | 0% |
In its most recent public year (2023), this organization brought in $484,703 more than it spent. Its reserves stood at about 399.1 months of spending, up from 292.9 in 2019. 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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