Korean School Of Federal Way
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 479,660 | 91,409 | 388,251 | 51.0 | 54% |
| 2021 | 120,950 | 105,130 | 15,820 | 46.1 | 49% |
| 2022 | 142,954 | 107,530 | 35,424 | 49.0 | 44% |
| 2023 | 180,701 | 118,705 | 61,996 | 50.7 | 41% |
In its most recent public year (2023), this organization brought in $61,996 more than it spent. Its reserves stood at about 50.7 months of spending. Staff pay was 41% 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
Korean School Of Federal Way'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