Friends Of The Koreatown Library
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 19,542 | 16,978 | 2,564 | 12.1 | — |
| 2012 | 15,347 | 28,282 | −12,935 | 1.8 | — |
| 2023 | 0 | 1,753 | −1,753 | 90.6 | — |
In its most recent public year (2023), this organization spent $1,753 more than it brought in. Its reserves stood at about 90.6 months of spending, up from 12.1 in 2011.
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
Friends Of The Koreatown Library's IRS filings as a feed — one entry per filing year, through 2023. 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