Korean Medical Association Of Southern California
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 89,751 | 88,345 | 1,406 | 5.5 | — |
| 2012 | 78,855 | 69,698 | 9,157 | 8.6 | — |
| 2013 | 66,550 | 71,108 | −4,558 | 3.0 | — |
| 2015 | 94,684 | 88,294 | 6,390 | 3.7 | — |
| 2016 | 120,910 | 113,335 | 7,575 | 3.7 | — |
| 2017 | 67,313 | 68,038 | −725 | 6.0 | — |
| 2018 | 77,288 | 80,496 | −3,208 | 4.6 | — |
| 2019 | 96,367 | 109,969 | −13,602 | 1.9 | — |
| 2020 | 14,200 | 8,289 | 5,911 | 33.7 | — |
| 2021 | 53,000 | 31,683 | 21,317 | 16.9 | — |
| 2022 | 57,350 | 55,106 | 2,244 | 10.2 | — |
| 2023 | 38,350 | 33,925 | 4,425 | 18.1 | — |
In its most recent public year (2023), this organization brought in $4,425 more than it spent. Its reserves stood at about 18.1 months of spending, up from 5.5 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
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