Korean American Family Services Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 5,389,299 | 5,016,497 | 372,802 | 1.7 | 10% |
| 2012 | 5,479,753 | 5,374,176 | 105,577 | 1.8 | 12% |
| 2013 | 5,512,900 | 5,473,715 | 39,185 | 1.9 | 13% |
| 2014 | 5,625,003 | 5,619,005 | 5,998 | 1.9 | 15% |
| 2015 | 5,457,001 | 5,382,644 | 74,357 | 2.1 | 17% |
| 2016 | 4,938,943 | 4,910,072 | 28,871 | 2.4 | 18% |
| 2017 | 4,849,762 | 4,801,033 | 48,729 | 2.6 | 23% |
| 2018 | 5,259,064 | 5,095,033 | 164,031 | 2.8 | 23% |
| 2019 | 6,229,738 | 6,099,082 | 130,656 | 2.6 | 29% |
| 2020 | 5,931,075 | 5,867,941 | 63,134 | 2.8 | 34% |
| 2021 | 3,546,383 | 3,012,822 | 533,561 | 7.7 | 33% |
| 2022 | 6,672,739 | 6,081,452 | 591,287 | 5.0 | 32% |
| 2023 | 7,724,812 | 6,513,200 | 1,211,612 | 6.9 | 28% |
In its most recent public year (2023), this organization brought in $1,211,612 more than it spent. Its reserves stood at about 6.9 months of spending, up from 1.7 in 2011. Staff pay was 28% of spending. $130,264 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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