Koreatown Organizations Association Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2010 | 864,306 | 940,913 | −76,607 | 11.1 | 6% |
| 2011 | 903,173 | 950,078 | −46,905 | 10.4 | 6% |
| 2012 | 926,135 | 964,733 | −38,598 | 9.7 | 7% |
| 2013 | 921,149 | 905,601 | 15,548 | 10.6 | 7% |
| 2014 | 994,331 | 904,212 | 90,119 | 11.8 | 7% |
| 2015 | 996,976 | 786,616 | 210,360 | 16.8 | 9% |
| 2016 | 1,003,103 | 750,106 | 252,997 | 21.6 | 0% |
| 2017 | 855,208 | 827,696 | 27,512 | 20.0 | 0% |
| 2018 | 820,629 | 1,148,791 | −328,162 | 11.0 | 0% |
| 2019 | 999,329 | 955,974 | 43,355 | 13.8 | 0% |
| 2020 | 1,035,684 | 783,277 | 252,407 | 20.6 | 0% |
| 2021 | 1,164,495 | 760,088 | 404,407 | 27.7 | 0% |
| 2022 | 1,124,159 | 944,747 | 179,412 | 24.6 | 0% |
| 2023 | 1,150,541 | 1,049,004 | 101,537 | 23.4 | 0% |
In its most recent public year (2023), this organization brought in $101,537 more than it spent. Its reserves stood at about 23.4 months of spending, up from 11.1 in 2010. 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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