Okjoo Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2018 | 9,530,263 | 0 | 9,530,263 | — | — |
| 2019 | 171,745 | 38,223 | 133,522 | 2440.3 | 0% |
| 2020 | 393,925 | 25,311 | 368,614 | 4026.8 | 0% |
| 2021 | 2,073,106 | 147,913 | 1,925,193 | 759.3 | 62% |
| 2022 | −167,980 | 168,204 | −336,184 | 555.8 | 58% |
| 2023 | 90,125 | 141,193 | −51,068 | 666.1 | 21% |
In its most recent public year (2023), this organization spent $51,068 more than it brought in. Its reserves stood at about 666.1 months of spending. Staff pay was 21% 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
Okjoo 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