Shoong Family Chinese Cultural Center
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2010 | 332,220 | 487,723 | −155,503 | 40.2 | 57% |
| 2011 | 525,794 | 616,704 | −90,910 | 30.0 | 61% |
| 2012 | 637,229 | 720,587 | −83,358 | 24.3 | 67% |
| 2013 | 586,856 | 713,386 | −126,530 | 22.4 | 68% |
| 2014 | 532,136 | 682,701 | −150,565 | 20.8 | 67% |
| 2015 | 798,196 | 694,081 | 104,115 | 22.3 | 66% |
| 2016 | 633,995 | 696,476 | −62,481 | 21.1 | 66% |
| 2017 | 556,937 | 682,798 | −125,861 | 19.3 | 65% |
| 2018 | 675,131 | 677,684 | −2,553 | 19.4 | 64% |
| 2019 | 710,440 | 741,960 | −31,520 | 17.2 | 62% |
| 2020 | 521,278 | 617,782 | −96,504 | 18.8 | 69% |
| 2021 | 419,441 | 391,113 | 28,328 | 30.6 | 55% |
| 2022 | 593,496 | 705,446 | −111,950 | 15.1 | 71% |
| 2023 | 664,869 | 720,628 | −55,759 | 13.8 | 68% |
In its most recent public year (2023), this organization spent $55,759 more than it brought in. Its reserves stood at about 13.8 months of spending, down from 40.2 in 2010. Staff pay was 68% 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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