Koreatown Youth And Community Center Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 4,112,987 | 4,108,548 | 4,439 | 5.8 | 56% |
| 2012 | 4,878,507 | 4,701,455 | 177,052 | 5.6 | 54% |
| 2013 | 5,021,526 | 4,944,928 | 76,598 | 5.5 | 55% |
| 2014 | 5,479,167 | 5,413,206 | 65,961 | 6.2 | 55% |
| 2015 | 5,437,946 | 5,413,458 | 24,488 | 6.3 | 56% |
| 2016 | 6,319,670 | 6,197,998 | 121,672 | 5.7 | 58% |
| 2017 | 7,544,681 | 7,295,410 | 249,271 | 5.3 | 51% |
| 2018 | 8,607,171 | 8,346,779 | 260,392 | 5.0 | 50% |
| 2019 | 10,132,093 | 9,764,491 | 367,602 | 4.7 | 51% |
| 2020 | 10,654,608 | 10,477,215 | 177,393 | 4.6 | 54% |
| 2021 | 13,191,369 | 12,775,768 | 415,601 | 4.2 | 51% |
| 2022 | 15,289,972 | 14,396,483 | 893,489 | 4.4 | 51% |
| 2023 | 17,164,218 | 16,216,478 | 947,740 | 4.7 | 53% |
In its most recent public year (2023), this organization brought in $947,740 more than it spent. Its reserves stood at about 4.7 months of spending, down from 5.8 in 2011. Staff pay was 53% of spending. $50,417 of its net assets are donor-restricted.
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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