Civic Intelligence

Korean American Community Foundation of San Francisco

990 • Fiscal year 2018 • EIN 46-5212292

Jan 01, 2018 to Dec 31, 2018 • Filed on Nov 15, 2019

Organization Profilewww.kacfsf.org
55 East 3rd AvenueSan Mateo, CA 94401

(650) 656-5705

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

74th percentile

0.22x

Higher debt load relative to assets than 74% of similar nonprofits.

2018 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2018

Liabilities / Revenue

77th percentile

0.24x

Higher debt load relative to revenue than 77% of similar nonprofits.

2018 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2018

Net Margin

68th percentile

12%

Higher net margin than 68% of similar nonprofits.

2018 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2018

Top Officer Pay

81st percentile

$80,000

Higher top officer pay than 81% of similar nonprofits.

Top officer pay equals 12.8% of source-year revenue.

2018 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2018

Asset Growth

75th percentile

16%

Faster asset growth than 75% of similar nonprofits.

2018 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2017 to 2018

Revenue Growth

63rd percentile

12%

Faster revenue growth than 63% of similar nonprofits.

2018 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2017 to 2018

Balance Sheet
Liabilities / Assets74th percentile

Assets

Up

$661,730

Up $92,091 (+16%) from 2017

Net Assets

Up

$513,887

Up $75,673 (+17%) from 2017

Liabilities

Up

$147,843

Up $16,418 (+12%) from 2017

Revenue And Expenses
Liabilities / Revenue77th percentileNet Margin68th percentile

Revenue

Up

$625,036

Up $65,460 (+12%) from 2017

Expenses

Up

$549,363

Up $22,077 (+4.2%) from 2017

Net Income

Up

$75,673

Up $43,383 (+134%) from 2017

Historical Trend

Balance Sheet Trend

Asset Growth75th percentile

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$4.0M$3.0M$2.0M$1.0M$0Assets 2015: $258,827Liabilities 2015: $4,545Net Assets 2015: $254,2822015Assets 2016: $559,928Liabilities 2016: $154,004Net Assets 2016: $405,9242016Assets 2017: $569,639Liabilities 2017: $131,425Net Assets 2017: $438,2142017Assets 2018: $661,730Liabilities 2018: $147,843Net Assets 2018: $513,8872018Assets 2019: $607,471Liabilities 2019: $108,759Net Assets 2019: $498,7122019Assets 2020: $749,577Liabilities 2020: $217,644Net Assets 2020: $531,9332020Assets 2021: $1,603,716Liabilities 2021: $117,548Net Assets 2021: $1,486,1682021Assets 2022: $2,648,667Liabilities 2022: $252,185Net Assets 2022: $2,396,4822022Assets 2023: $2,913,898Liabilities 2023: $319,903Net Assets 2023: $2,593,9952023Assets 2024: $3,624,090Liabilities 2024: $350,600Net Assets 2024: $3,273,4902024

Highlighted filing

2018

Assets$661,730
Liabilities$147,843
Net Assets$513,887
Open 2018 Filing

Operations Trend

Revenue Growth63rd percentile

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$2.0M$1.5M$1.0M$500K$0-$500KRevenue 2015: $425,618Expenses 2015: $171,336Net Income 2015: $254,2822015Revenue 2016: $660,714Expenses 2016: $509,072Net Income 2016: $151,6422016Revenue 2017: $559,576Expenses 2017: $527,286Net Income 2017: $32,2902017Revenue 2018: $625,036Expenses 2018: $549,363Net Income 2018: $75,6732018Revenue 2019: $609,792Expenses 2019: $624,967Net Income 2019: -$15,1752019Revenue 2020: $899,285Expenses 2020: $871,084Net Income 2020: $28,2012020Revenue 2021: $1,687,421Expenses 2021: $765,586Net Income 2021: $921,8352021Revenue 2022: $1,840,942Expenses 2022: $928,248Net Income 2022: $912,6942022Revenue 2023: $1,144,451Expenses 2023: $915,496Net Income 2023: $228,9552023Revenue 2024: $1,282,567Expenses 2024: $976,909Net Income 2024: $305,6582024

Highlighted filing

2018

Revenue$625,036
Expenses$549,363
Net Income$75,673
Open 2018 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2018 to Dec 31, 2018
Signed
Nov 15, 2019
Return Version
2018v3.1
Gross Receipts
$935,091
Mission and Program Overview

Mission

To provide grants and capacity-building assistance to nonprofit service organizations that address the vital needs of the Korean American Community and raise awareness of such needs, particularly in the areas of physical and mental health, senior care and empowerment, safety and youth empowerment.

To provide grants and capacity-building assistance to nonprofit service organizations that address the vital needs of the Korean American Community and raise awareness of such needs, particularly in the areas of physical and mental health, senior care and empowerment, safety and youth empowerment.KACF-SF is committed to working collaboratively with a broad range of partners to transform the lives of individuals and families and empower the Korean American community by raising awareness of needs and issues, promoting self -sufficiency, and fostering philanthropic giving.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$515,053$629,009▲ $113,956
Pledges and Grants Receivable$850$5,000▲ $4,150
Inventories for Sale or Use$250$0▼ $250
Savings and Temporary Cash Investments-$0-
Accounts Receivable-$0-
Other Notes and Loans Receivable, Net-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$0-
Land, Buildings, and Equipment, Net-$0-
Intangible Assets-$0-
Prepaid Expenses and Deferred Charges-$0-
Total Assets$569,639$661,730▲ $92,091
Other Assets Total$53,486$27,721▼ $25,765
Liabilities
Grants Payable$120,250$136,500▲ $16,250
Other Liabilities$11,175$11,343▲ $168
Total Liabilities$131,425$147,843▲ $16,418
Net Assets / Fund Balance
Unrestricted Net Assets$438,214$513,887▲ $75,673
Total Net Assets Fund Balance$438,214$513,887▲ $75,673
Total Liabilities and Net Assets / Fund Balance$569,639$661,730▲ $92,091

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2018-$33,700--$33,700
2017-$81,785--$81,785
Compensation and Service Providers
Top Officer Pay81st percentile

Employees

NameTitleFull / Part TimeBaseTotal
Lina ParkExecutive DirectorFT$80,000$80,000

Board Members and Trustees

NameTitle
Sophia Oh-KimCo-Chair
Brian ByunDirector
Caroline ShinDirector
Dennis KwonDirector
Patrick KimDirector
Perry HaDirector
Philip YunDirector
Sung Jin IngriselliDirector
Yoon ChoDirector
E John ParkSecretary
Revenue and Support

Revenue Composition

Contributions and Grants
$572,014
Program Service Revenue
$0
Investment Income
$-2,947
Other Revenue
$55,969
All Other Contributions
$216,833
Change in Net Assets
$75,673

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
No
Third parties used for noncash contributions
Yes

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Securities Publicly Traded3$114,951Market Value
Other Non Cash Contri Table328$68,201Market Value
Total Noncash Contributions331$183,152-

Audited Revenue Reconciliation

Revenue per Audited Statements
$625,036
Total Revenue per Audited Statements
$625,036
Total Revenue per Form 990
$625,036
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$314,000
Salaries, Compensation, and Employee Benefits$154,238
Other Expenses$81,125
Total Fundraising Expense$56,169
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$314,000--$314,000
Current Officers, Directors, Trustees, and Key Employees$44,000$12,000$24,000$80,000
Other Salaries and Wages$16,499$18,421$14,966$49,886
Fees for Services Management$10,817$26,095$10,560$47,472
Payroll Taxes$5,119$2,946$3,331$11,396
Pension Plan Contributions$1,714$4,519$1,114$7,347
Payments to Affiliates-$6,000-$6,000
Other Employee Benefits$1,468$2,673$1,468$5,609
Information Technology$99$3,720-$3,819
Travel$2,137$227$71$2,435
Insurance-$2,082-$2,082
Conferences and Meetings$1,195--$1,195
Fees for Services Accounting-$1,030-$1,030
All Other Expenses$88$755$86$929
Office Expenses-$926-$926
Fees for Services Other-$739$146$885
Other Expenses$190$695$184$695
Total Functional Expenses$402,068$91,126$56,169$549,363

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$549,363
Total Expenses per Audited Statements$549,363
Total Expenses per Form 990$549,363
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Korean Community Center of EBOakland, CA-Health & Wellness Support$105,000
Korean American Community SerSan Jose, CA-Senior Care and wellness$80,000
Asian Americans for CommunitySan Jose, CA-Health & Wellness Support$30,000
Asian Health ServicesOakland, CA-Health & Wellness Support$30,000
American Pacific Islander LegOakland, CA-Legal Support$25,000
Asian Womens ShelterSan Francisco, CA-Health & Wellness Support$24,000
East Bay Korean American SeniOakland, CA-Senior Empowerment$20,000
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$251,073
Fundraising Direct Expenses$195,104
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Gala$606,254$251,073$90,159$160,914
Total Events$606,254$251,073$195,104$55,969
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Sales tax payable$6,432
Payroll liablities$3,717
Credit Card$1,194
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Backup withholding compliance
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Line 11B: Form 990 Review Process

“Tax return is prepared by accounting firm and reviewed by operations manager, executive director and Chair of the Board.”

Form 990, Part VI, Line 15A: Compensation Review & Approval Process - CEO, Top Management

“Board reviews non profit executive director salary survey reports and collects the fair compensation info prior to the approval of the executive director's compensation.”

Form 990, Part VI, Line 19: Other Organization Documents Publicly Available

“The governing documents, conflict of interest polocies and financial statements are available upon request.”

Filing and Contact Details

Filer

Filer Name
Korean American Community
EIN
46-5212292
Phone
6506565705
Address
55 East 3rd Avenue, San Mateo, CA 94401

Signing Officer

Name
Lina Park
Title
Executive Director
Signed
2019-11-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Lina Park
Formed
2014
Legal Domicile
CA
Voting Board Members
10
Independent Board Members
10
Employees
3
Volunteers
40

Preparer

Firm
Wong Mui & Chiao LLP
Address
1200 Gough Street Suite 800, San Francisco, CA 94109
Preparer
Jessica Leung
Phone
4083691000
Supplemental Narrative

Financial Statement Notes

Part V, Line 4: Intended uses of the endowment fund.

“Additional $33,700 donation received in Karen Ha Memorial Fund designated by Board, the funding is designed to provide a need-based, deserving Korean American high school student access to a college education”

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IRS990/InformationTechnologyGrp/ProgramServicesAmt099
IRS990/InformationTechnologyGrp/TotalAmt03819
IRS990/InsuranceGrp/ManagementAndGeneralAmt02082
IRS990/InsuranceGrp/TotalAmt02082
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IRS990/LoanOutstandingInd0false
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IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0To provide grants and capacity-building assistance to nonprofit service organizations that address the vital needs of the Korean American Community and raise awareness of such needs, particularly in the areas of physical and mental health, senior care and empowerment, safety and youth empowerment.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt0438214
IRS990/NetAssetsOrFundBalancesEOYAmt0513887
IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt0-3319
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt0-3319
IRS990/NetIncmFromFundraisingEvtGrp/ExclusionAmt055969
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt055969
IRS990/NetIncomeFromGamingGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NoncashContributionsAmt0183152
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/TotalAmt00
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt0926
IRS990/OfficeExpensesGrp/TotalAmt0926
IRS990/OfficerMailingAddressInd0false
IRS990/OnBehalfOfIssuerInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OrgFiledInLieuOfForm1041Ind0false
IRS990/OtherAssetsTotalGrp/BOYAmt053486
IRS990/OtherAssetsTotalGrp/EOYAmt027721
IRS990/OtherEmployeeBenefitsGrp/FundraisingAmt01468
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt02673
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt01468
IRS990/OtherEmployeeBenefitsGrp/TotalAmt05609
IRS990/OtherExpensesGrp/Desc0Meeting
IRS990/OtherExpensesGrp/Desc1Tech Subscription
IRS990/OtherExpensesGrp/Desc2Hardware & tools
IRS990/OtherExpensesGrp/Desc3Printing and Publications
IRS990/OtherExpensesGrp/FundraisingAmt0193
IRS990/OtherExpensesGrp/FundraisingAmt150
IRS990/OtherExpensesGrp/FundraisingAmt2184
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt04743
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt11983
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt21572
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt3695
IRS990/OtherExpensesGrp/ProgramServicesAmt04654
IRS990/OtherExpensesGrp/ProgramServicesAmt188
IRS990/OtherExpensesGrp/ProgramServicesAmt2190
IRS990/OtherExpensesGrp/TotalAmt09590
IRS990/OtherExpensesGrp/TotalAmt12121
IRS990/OtherExpensesGrp/TotalAmt21946
IRS990/OtherExpensesGrp/TotalAmt3695
IRS990/OtherLiabilitiesGrp/BOYAmt011175
IRS990/OtherLiabilitiesGrp/EOYAmt011343
IRS990/OtherRevenueTotalAmt00
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt014966
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt018421
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt016499
IRS990/OtherSalariesAndWagesGrp/TotalAmt049886
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt00
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/ManagementAndGeneralAmt06000
IRS990/PaymentsToAffiliatesGrp/TotalAmt06000
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/FundraisingAmt03331
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt02946
IRS990/PayrollTaxesGrp/ProgramServicesAmt05119
IRS990/PayrollTaxesGrp/TotalAmt011396
IRS990/PensionPlanContributionsGrp/FundraisingAmt01114
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt04519
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt01714
IRS990/PensionPlanContributionsGrp/TotalAmt07347
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt0850
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt05000
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt00
IRS990/PrincipalOfficerNm0Lina Park
IRS990/ProfessionalFundraisingInd0false
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0521820
IRS990/PYExcessBenefitTransInd0false
IRS990/PYGrantsAndSimilarPaidAmt0297403
IRS990/PYInvestmentIncomeAmt01656
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt037140
IRS990/PYOtherRevenueAmt036100
IRS990/PYRevenuesLessExpensesAmt032290
IRS990/PYSalariesCompEmpBnftPaidAmt0192743
IRS990/PYTotalExpensesAmt0527286
IRS990/PYTotalRevenueAmt0559576
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt075673
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0true
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0false
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/SavingsAndTempCashInvstGrp/EOYAmt00
IRS990ScheduleA/First5Years170Ind0X
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0624664
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0521820
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0633566
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0409731
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt02189781
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt0372
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt01656
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt0100
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt02128
IRS990ScheduleA/OtherIncome170Grp/TotalAmt00
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.00000
IRS990ScheduleA/PublicSupportTotal170Amt02189781
IRS990ScheduleA/SubstantialContributorsTotAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/TotalAmt00
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0624664
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0521820
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0633566
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0409731
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt02189781
IRS990ScheduleA/TotalSupportAmt02191909
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt00
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleD/CYEndwmtFundGrp/ContributionsAmt033700
IRS990ScheduleD/CYEndwmtFundGrp/EndYearBalanceAmt033700
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/ContributionsAmt081785
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/EndYearBalanceAmt081785
IRS990ScheduleD/EndowmentsHeldRelatedOrgInd0false
IRS990ScheduleD/EndowmentsHeldUnrelatedOrgInd0false
IRS990ScheduleD/ExpensesSubtotalAmt0549363
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt01194
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt13717
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt26432
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0Credit Card
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1Payroll liablities
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2Sales tax payable
IRS990ScheduleD/RelatedOrgListSchRInd0false
IRS990ScheduleD/RevenueSubtotalAmt0625036
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0Additional $33,700 donation received in Karen Ha Memorial Fund designated by Board, the funding is designed to provide a need-based, deserving Korean American high school student access to a college education
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Part V, Line 4: Intended uses of the endowment fund.
IRS990ScheduleD/TotalExpensesPerForm990Amt0549363
IRS990ScheduleD/TotalLiabilityAmt011343
IRS990ScheduleD/TotalRevenuePerForm990Amt0625036

Document Assets

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Filings

Displayed year

2018 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$661,730
Liabilities
$147,843
Net assets
$513,887
Revenue
$625,036
Expenses
$549,363
Net income
$75,673
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$3.62$0.35$3.27$1.28$0.98$0.31
2023Detailed filing. Detailed filing data is available for this year.$2.91$0.32$2.59$1.14$0.92$0.23
2022Detailed filing. Detailed filing data is available for this year.$2.65$0.25$2.40$1.84$0.93$0.91
2021Detailed filing. Detailed filing data is available for this year.$1.60$0.12$1.49$1.69$0.77$0.92
2020Detailed filing. Detailed filing data is available for this year.$0.75$0.22$0.53$0.90$0.87$0.03
2019Detailed filing. Detailed filing data is available for this year.$0.61$0.11$0.50$0.61$0.62$0.02
2018Detailed filing. Detailed filing data is available for this year.$0.66$0.15$0.51$0.63$0.55$0.08
2017Detailed filing. Detailed filing data is available for this year.$0.57$0.13$0.44$0.56$0.53$0.03
2016Detailed filing. Detailed filing data is available for this year.$0.56$0.15$0.41$0.66$0.51$0.15
2015Detailed filing. Detailed filing data is available for this year.$0.26$0.00$0.25$0.43$0.17$0.25