Korean American Educational Research Center
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 126,457 | 73,217 | 53,240 | 89.3 | 0% |
| 2012 | 61,962 | 56,216 | 5,746 | 117.5 | 0% |
| 2013 | 61,465 | 46,602 | 14,863 | 145.6 | 0% |
| 2014 | 51,651 | 31,927 | 19,724 | 219.9 | 0% |
| 2015 | 44,755 | 33,404 | 11,351 | 214.2 | 0% |
| 2016 | 84,669 | 47,183 | 37,486 | 161.2 | 0% |
| 2017 | 38,824 | 19,505 | 19,319 | 401.8 | 0% |
| 2018 | 23,129 | 26,440 | −3,311 | 294.9 | 0% |
| 2019 | 245,372 | 46,975 | 198,397 | 216.7 | 0% |
| 2020 | 96,802 | 45,784 | 51,018 | 235.7 | 0% |
| 2021 | 74,344 | 61,351 | 12,993 | 178.4 | 0% |
| 2022 | 24,847 | 32,122 | −7,275 | 338.1 | 0% |
| 2023 | 39,517 | 40,771 | −1,254 | 266.0 | 0% |
In its most recent public year (2023), this organization spent $1,254 more than it brought in. Its reserves stood at about 266 months of spending, up from 89.3 in 2011. Staff pay was 0% 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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