Karate Five Association Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2021 | 64,162 | 31,657 | 32,505 | 14.0 | 14% |
| 2022 | 85,656 | 96,693 | −11,037 | 2.7 | 3% |
| 2023 | 87,422 | 92,734 | −5,312 | 3.8 | 5% |
In its most recent public year (2023), this organization spent $5,312 more than it brought in. Its reserves stood at about 3.8 months of spending, down from 14 in 2021. Staff pay was 5% 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
Karate Five Association Inc'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