Hong Kong Forum Los Angeles Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2019 | 15,115 | 5,768 | 9,347 | 31.2 | — |
| 2020 | 342,881 | 327,894 | 14,987 | 1.1 | 0% |
| 2021 | 4,334 | 7,076 | −2,742 | 46.2 | — |
| 2022 | 1,978 | 8,169 | −6,191 | 30.9 | — |
In its most recent public year (2022), this organization spent $6,191 more than it brought in. Its reserves stood at about 30.9 months 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 2022. 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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