Korean American Medical Association Of Usa Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2019 | 324,725 | 318,247 | 6,478 | 0.2 | 0% |
| 2020 | 296,995 | 39,771 | 257,224 | 79.6 | 39% |
| 2021 | 130,239 | 245,542 | −115,303 | 7.5 | 6% |
| 2022 | 236,721 | 243,280 | −6,559 | 7.2 | 6% |
| 2023 | 37,347 | 85,608 | −48,261 | 13.7 | 23% |
In its most recent public year (2023), this organization spent $48,261 more than it brought in. Its reserves stood at about 13.7 months of spending, up from 0.2 in 2019. Staff pay was 23% 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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