Korean Federation Of Los Angeles
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 163,894 | 280,862 | −116,968 | 0.9 | 23% |
| 2012 | 461,327 | 462,322 | −995 | 0.5 | 15% |
| 2013 | 291,011 | 300,295 | −9,284 | 0.5 | 17% |
| 2014 | 349,707 | 326,483 | 23,224 | 0.8 | 12% |
| 2015 | 291,054 | 296,422 | −5,368 | 0.6 | 27% |
| 2016 | 262,509 | 275,576 | −13,067 | 0.1 | 25% |
| 2017 | 387,111 | 375,449 | 11,662 | 3.9 | 22% |
| 2018 | 414,193 | 400,622 | 13,571 | 4.0 | 13% |
| 2019 | 300,821 | 359,893 | −59,072 | 2.5 | 17% |
| 2020 | 826,471 | 835,985 | −9,514 | 1.0 | 17% |
| 2021 | 312,604 | 306,226 | 6,378 | 6.6 | 30% |
| 2022 | 1,052,256 | 902,375 | 149,881 | 4.2 | 34% |
| 2023 | 1,798,102 | 1,816,883 | −18,781 | 3.6 | 25% |
In its most recent public year (2023), this organization spent $18,781 more than it brought in. Its reserves stood at about 3.6 months of spending, up from 0.9 in 2011. Staff pay was 25% 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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