Korean American Society Of Massachusetts Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 24,951 | 7,148 | 17,803 | 29.9 | — |
| 2021 | 5,999 | 19,112 | −13,113 | 0.0 | — |
| 2022 | 23,137 | 34,122 | −10,985 | 3.8 | — |
In its most recent public year (2022), this organization spent $10,985 more than it brought in. Its reserves stood at about 3.8 months of spending, down from 29.9 in 2020.
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 2022. 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 American Society Of Massachusetts Inc's IRS filings as a feed — one entry per filing year, through 2022. 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