Civic Intelligence

Korean American Community Foundation of San Francisco

990 • Fiscal year 2019 • EIN 46-5212292

Jan 01, 2019 to Dec 31, 2019 • Filed on Nov 10, 2020

Organization Profilewww.kacfsf.org
4353 North 1st StreetSan Jose, CA 95134

(650) 656-5705

Siviq Scores

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

Liabilities / Assets

72nd percentile

0.18x

Higher debt load relative to assets than 72% of similar nonprofits.

2019 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2019

Liabilities / Revenue

75th percentile

0.18x

Higher debt load relative to revenue than 75% of similar nonprofits.

2019 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2019

Net Margin

32nd percentile

-2.5%

Higher net margin than 32% of similar nonprofits.

2019 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2019

Top Officer Pay

83rd percentile

$85,000

Higher top officer pay than 83% of similar nonprofits.

Top officer pay equals 13.9% of source-year revenue.

2019 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2019

Asset Growth

18th percentile

-8.2%

Faster asset growth than 18% of similar nonprofits.

2019 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2018 to 2019

Revenue Growth

35th percentile

-2.4%

Faster revenue growth than 35% of similar nonprofits.

2019 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2018 to 2019

Balance Sheet
Liabilities / Assets72nd percentile

Assets

Down

$607,471

Down $54,259 (-8.2%) from 2018

Net Assets

Down

$498,712

Down $15,175 (-3.0%) from 2018

Liabilities

Down

$108,759

Down $39,084 (-26%) from 2018

Revenue And Expenses
Liabilities / Revenue75th percentileNet Margin32nd percentile

Revenue

Down

$609,792

Down $15,244 (-2.4%) from 2018

Expenses

Up

$624,967

Up $75,604 (+14%) from 2018

Net Income

Down

-$15,175

Down $90,848 (-120%) from 2018

Historical Trend

Balance Sheet Trend

Asset Growth18th 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

2019

Assets$607,471
Liabilities$108,759
Net Assets$498,712
Open 2019 Filing

Operations Trend

Revenue Growth35th 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

2019

Revenue$609,792
Expenses$624,967
Net Income-$15,175
Open 2019 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2019 to Dec 31, 2019
Signed
Nov 10, 2020
Return Version
2019v5.0
Gross Receipts
$762,354
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.

KACF-SF strives to build a vibrant, healthy, and empowered Korean American community in the Bay Area. The foundation pursues this goal by providing grants and capacity-building assistance to nonprofit organizations addressing the vital needs of our community.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments-$365,580-
Cash and Non-Interest-Bearing Accounts$629,009$204,171▼ $424,838
Prepaid Expenses and Deferred Charges-$27,720-
Accounts Receivable$5,000$10,000▲ $5,000
Other Notes and Loans Receivable, Net-$0-
Pledges and Grants Receivable-$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-
Inventories for Sale or Use-$0-
Total Assets$661,730$607,471▼ $54,259
Other Assets Total$27,721$0▼ $27,721
Liabilities
Grants Payable$136,500$93,900▼ $42,600
Accounts Payable and Accrued Expenses-$14,859-
Other Liabilities$11,343--
Total Liabilities$147,843$108,759▼ $39,084
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$513,887$355,260▼ $158,627
Net Assets With Donor Restrictions-$143,452-
Total Net Assets Fund Balance$513,887$498,712▼ $15,175
Total Liabilities and Net Assets / Fund Balance$661,730$607,471▼ $54,259

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2019$111,786$39,800--$143,452
2018$78,185$33,700--$111,786
2017$78,185---$78,185
Compensation and Service Providers
Top Officer Pay83rd percentile

Employees

NameTitleFull / Part TimeBaseTotal
Lina ParkExecutive DirectorFT$85,000$85,000

Board Members and Trustees

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

Revenue Composition

Contributions and Grants
$554,650
Program Service Revenue
$0
Investment Income
$1,170
Other Revenue
$53,972
All Other Contributions
$161,020
Change in Net Assets
$-15,175

Noncash Contribution Practices

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

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Works of Art1$12,000Fair Market Value (FMV)
Total Noncash Contributions1$12,000-
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$291,407
Salaries, Compensation, and Employee Benefits$213,086
Other Expenses$120,474
Total Fundraising Expense$55,123
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$291,407--$291,407
Other Salaries and Wages$50,826$36,038$23,288$110,152
Current Officers, Directors, Trustees, and Key Employees$46,750$12,750$25,500$85,000
Fees for Services Management$40,624--$40,624
Payroll Taxes$7,995$3,998$3,998$15,991
All Other Expenses$6,376$7,147$1,851$15,374
Travel$9,508$2,834-$12,342
Occupancy-$8,020-$8,020
Payments to Affiliates-$6,000-$6,000
Other Expenses$3,211--$3,211
Information Technology-$2,493-$2,493
Insurance-$2,135-$2,135
Other Employee Benefits$971$486$486$1,943
Fees for Services Accounting-$1,297-$1,297
Total Functional Expenses$486,646$83,198$55,123$624,967
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
VariousSan Jose, CA-Health and Safety$56,507
Asian Amer Comm InvolvementSan Jose, CA3Physical and Mental Health$45,000
Korean American Comm SvcsSan Jose, CA3Senior Care and Empowerment$45,000
Asian Womens ShelterSan Francisco, CA3Safety$39,000
Asian Health ServicesOakland, CA3Physical and Mental Health$35,000
Korean Amer Senior SvcsSan Francisco, CA3Senior Care and Empowerment$21,000
East Bay Korean Am Snr SvcsOakland, CA3Senior Care and Empowerment$17,500
Kor Amer Snr Citizens LgSan Jose, CA3Senior Care and Empowerment$16,900
Asian Pac Islander LegalOakland, CA3Legal and Immigration$12,500
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$206,534
Fundraising Direct Expenses$152,562
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Gala$583,525$196,335$44,948$151,387
Other$16,639$10,199$642$9,557
Total Events$600,164$206,534$152,562$53,972
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-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Backup withholding compliance
No
Business relationship with 35% controlled entity
No
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

“A draft of the Form 990 is reviewed by the board. Any needed changes are made prior to its filing.”

Form 990, Part VI, Line 12C: Explanation of Monitoring and Enforcement of Conflicts

“All board members, associate members and volunteers sin a COI agreement. We evaluate it every year, as needed. We also present COI policies as part of the yearly presentation.”

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

“The Board reviews nonprofit executive director salary survey reports and collects the fair compensation information prior to the approval of the executive director's compensation.”

Form 990, Part VI, Line 18: Explanation of Other Means Forms Available For Public Inspection

“The Form 990 is available on the IRS website and at guidestar.org.”

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

“Upon request.”

Filing and Contact Details

Filer

Filer Name
Korean American Community Foundation
EIN
46-5212292
Phone
6506565705
Address
4353 North 1st Street, San Jose, CA 95134

Signing Officer

Name
Lina Park
Title
Executive Director
Signed
2020-11-10
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
5
Volunteers
60

Preparer

Firm
Harmon Burstyn CPA
Address
1012 HACIENDA DR, WALNUT CREEK, CA 94598
Preparer
Harmon Burstyn
Phone
9252863522
Raw XML AppendixShowing 400 of 632 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
IRS990/AccountantCompileOrReviewInd0false
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt014859
IRS990/AccountsReceivableGrp/BOYAmt05000
IRS990/AccountsReceivableGrp/EOYAmt010000
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0KACF-SF strives to build a vibrant, healthy, and empowered Korean American community in the Bay Area. The foundation pursues this goal by providing grants and capacity-building assistance to nonprofit organizations addressing the vital needs of our community.
IRS990/AdvertisingGrp/TotalAmt00
IRS990/AllOtherContributionsAmt0161020
IRS990/AllOtherExpensesGrp/FundraisingAmt01851
IRS990/AllOtherExpensesGrp/ManagementAndGeneralAmt07147
IRS990/AllOtherExpensesGrp/ProgramServicesAmt06376
IRS990/AllOtherExpensesGrp/TotalAmt015374
IRS990/AnnualDisclosureCoveredPrsnInd0true
IRS990/BackupWthldComplianceInd0false
IRS990/BenefitsToMembersGrp/TotalAmt00
IRS990/BooksInCareOfDetail/PersonNm0Eun Young Choi
IRS990/BooksInCareOfDetail/PhoneNum06506565705
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt04353 North 1st St Ste 100
IRS990/BooksInCareOfDetail/USAddress/CityNm0San Jose
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0CA
IRS990/BooksInCareOfDetail/USAddress/ZIPCd095134
IRS990/BusinessRlnWith35CtrlEntInd0false
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CashNonInterestBearingGrp/BOYAmt0629009
IRS990/CashNonInterestBearingGrp/EOYAmt0204171
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd0false
IRS990/CompCurrentOfcrDirectorsGrp/FundraisingAmt025500
IRS990/CompCurrentOfcrDirectorsGrp/ManagementAndGeneralAmt012750
IRS990/CompCurrentOfcrDirectorsGrp/ProgramServicesAmt046750
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt085000
IRS990/CompDisqualPersonsGrp/TotalAmt00
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0true
IRS990/CompensationProcessOtherInd0false
IRS990/ConferencesMeetingsGrp/TotalAmt00
IRS990/ConflictOfInterestPolicyInd0true
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/ContriRptFundraisingEventAmt0393630
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt0554650
IRS990/CYGrantsAndSimilarPaidAmt0291407
IRS990/CYInvestmentIncomeAmt01170
IRS990/CYOtherExpensesAmt0120474
IRS990/CYOtherRevenueAmt053972
IRS990/CYProgramServiceRevenueAmt00
IRS990/CYRevenuesLessExpensesAmt0-15175
IRS990/CYSalariesCompEmpBnftPaidAmt0213086
IRS990/CYTotalExpensesAmt0624967
IRS990/CYTotalFundraisingExpenseAmt055123
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0609792
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0true
IRS990/DeductibleNonCashContriInd0false
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/DepreciationDepletionGrp/TotalAmt00
IRS990/Desc0In 2019, KACF-SF provided support to 19 non-profit organizations through community grants, technical assistance grants, capacity-building support, civic engagement support and event sponsorships. Funding benefited Korean American communities in 6 bay area counties and Sacramento. Targeted beneficiaries include limited English-proficient immigrants, low-income families and seniors, victims of domestic violence, Alzheimers patients & their families, and disadvantaged youth.More than 270 individual donors and 28 corporate sponsors have contributed to Korean American Community Foundation of San Francisco.
IRS990/DescribedInSection501c3Ind0true
IRS990/DisregardedEntityInd0false
IRS990/DocumentRetentionPolicyInd0false
IRS990/DonorAdvisedFundInd0false
IRS990/DonorRestrictionNetAssetsGrp/EOYAmt0143452
IRS990/DonorRstrOrQuasiEndowmentsInd0true
IRS990/ElectionOfBoardMembersInd0false
IRS990/EmployeeCnt05
IRS990/EmploymentTaxReturnsFiledInd0true
IRS990/EngagedInExcessBenefitTransInd0false
IRS990/ExpenseAmt0486646
IRS990/FamilyOrBusinessRlnInd0false
IRS990/FederalGrantAuditRequiredInd0false
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt01297
IRS990/FeesForServicesAccountingGrp/TotalAmt01297
IRS990/FeesForServicesLegalGrp/TotalAmt00
IRS990/FeesForServicesLobbyingGrp/TotalAmt00
IRS990/FeesForServicesManagementGrp/ProgramServicesAmt040624
IRS990/FeesForServicesManagementGrp/TotalAmt040624
IRS990/FeesForServicesOtherGrp/TotalAmt00
IRS990/FeesForServicesProfFundraising/TotalAmt00
IRS990/FeesForSrvcInvstMgmntFeesGrp/TotalAmt00
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignGrantsGrp/TotalAmt00
IRS990/ForeignOfficeInd0false
IRS990/Form1098CFiledInd0false
IRS990/Form8282FiledCnt00
IRS990/Form8282PropertyDisposedOfInd0false
IRS990/Form8899Filedind0false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt00.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt10.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt20.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt30.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt40.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt50.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt60.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt70.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt80.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt90.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt100.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt040.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt10.75
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt20.75
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt30.75
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt40.75
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt55.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt60.75
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt70.75
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt80.75
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt90.75
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt100.75
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd7X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd8X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd9X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt70
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt80
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt90
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt100
IRS990/Form990PartVIISectionAGrp/PersonNm0Lina Park
IRS990/Form990PartVIISectionAGrp/PersonNm1Brian Byun
IRS990/Form990PartVIISectionAGrp/PersonNm2Patrick Kim
IRS990/Form990PartVIISectionAGrp/PersonNm3Yoon Cho
IRS990/Form990PartVIISectionAGrp/PersonNm4Perry Ha
IRS990/Form990PartVIISectionAGrp/PersonNm5Sophia Oh-Kim
IRS990/Form990PartVIISectionAGrp/PersonNm6E John Park
IRS990/Form990PartVIISectionAGrp/PersonNm7Philip Yun
IRS990/Form990PartVIISectionAGrp/PersonNm8Sung Jin Ingriselli
IRS990/Form990PartVIISectionAGrp/PersonNm9Dennis Kwon
IRS990/Form990PartVIISectionAGrp/PersonNm10Caroline Shin
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt085000
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt100
IRS990/Form990PartVIISectionAGrp/TitleTxt0Executive Dir.
IRS990/Form990PartVIISectionAGrp/TitleTxt1Director
IRS990/Form990PartVIISectionAGrp/TitleTxt2Director
IRS990/Form990PartVIISectionAGrp/TitleTxt3Director
IRS990/Form990PartVIISectionAGrp/TitleTxt4Director
IRS990/Form990PartVIISectionAGrp/TitleTxt5Chair
IRS990/Form990PartVIISectionAGrp/TitleTxt6Secretary
IRS990/Form990PartVIISectionAGrp/TitleTxt7Director
IRS990/Form990PartVIISectionAGrp/TitleTxt8Director
IRS990/Form990PartVIISectionAGrp/TitleTxt9Treasurer
IRS990/Form990PartVIISectionAGrp/TitleTxt10Director
IRS990/Form990ProvidedToGvrnBodyInd0true
IRS990/FormationYr02014
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedInd0false
IRS990/FundraisingActivitiesInd0true
IRS990/FundraisingAmt0393630
IRS990/FundraisingDirectExpensesAmt0152562
IRS990/FundraisingGrossIncomeAmt0206534
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt010
IRS990/GrantAmt0291407
IRS990/GrantsPayableGrp/BOYAmt0136500
IRS990/GrantsPayableGrp/EOYAmt093900
IRS990/GrantsToDomesticIndividualsGrp/TotalAmt00
IRS990/GrantsToDomesticOrgsGrp/ProgramServicesAmt0291407
IRS990/GrantsToDomesticOrgsGrp/TotalAmt0291407
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0true
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt0762354
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IncmFromInvestBondProceedsGrp/TotalRevenueColumnAmt00
IRS990/IndependentAuditFinclStmtInd0false
IRS990/IndependentVotingMemberCnt010
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InformationTechnologyGrp/ManagementAndGeneralAmt02493
IRS990/InformationTechnologyGrp/TotalAmt02493
IRS990/InsuranceGrp/ManagementAndGeneralAmt02135
IRS990/InsuranceGrp/TotalAmt02135
IRS990/IntangibleAssetsGrp/EOYAmt00
IRS990/InterestGrp/TotalAmt00
IRS990/InventoriesForSaleOrUseGrp/EOYAmt00
IRS990/InvestmentIncomeGrp/ExclusionAmt01170
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt01170
IRS990/InvestmentInJointVentureInd0false
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt00
IRS990/InvestmentsProgramRelatedGrp/EOYAmt00
IRS990/InvestmentsPubTradedSecGrp/EOYAmt00
IRS990/IRPDocumentCnt014
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipBasisNetGrp/EOYAmt00
IRS990/LegalDomicileStateCd0CA
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0KACF-SF supports the vulnerable and underserved in the bay areas Korean American community to lead safe and healthy lives. The foundation pursues this goal by providing grants and capacity-building assistance to nonprofit organizations addressing the vital needs of our community. The foundation also works to raise awareness of such needs and serves as a convener of organizations and facilitator of community dialogue and collaboration.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt0513887
IRS990/NetAssetsOrFundBalancesEOYAmt0498712
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt00
IRS990/NetIncmFromFundraisingEvtGrp/ExclusionAmt053972
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt053972
IRS990/NetIncomeFromGamingGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt0513887
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt0355260
IRS990/NoncashContributionsAmt012000
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/ManagementAndGeneralAmt08020
IRS990/OccupancyGrp/TotalAmt08020
IRS990/OfficeExpensesGrp/TotalAmt00
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt027721
IRS990/OtherAssetsTotalGrp/EOYAmt00
IRS990/OtherEmployeeBenefitsGrp/FundraisingAmt0486
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt0486
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt0971
IRS990/OtherEmployeeBenefitsGrp/TotalAmt01943
IRS990/OtherExpensesGrp/Desc0Auction Items
IRS990/OtherExpensesGrp/Desc1Census 2020
IRS990/OtherExpensesGrp/Desc2Karen Ha Scholarship Fund
IRS990/OtherExpensesGrp/Desc3Board/AB/Donor
IRS990/OtherExpensesGrp/ProgramServicesAmt012000
IRS990/OtherExpensesGrp/ProgramServicesAmt18844
IRS990/OtherExpensesGrp/ProgramServicesAmt28134
IRS990/OtherExpensesGrp/ProgramServicesAmt33211
IRS990/OtherExpensesGrp/TotalAmt012000
IRS990/OtherExpensesGrp/TotalAmt18844
IRS990/OtherExpensesGrp/TotalAmt28134
IRS990/OtherExpensesGrp/TotalAmt33211
IRS990/OtherInd0X
IRS990/OtherLiabilitiesGrp/BOYAmt011343
IRS990/OtherRevenueTotalAmt00
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt023288
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt036038
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt050826
IRS990/OtherSalariesAndWagesGrp/TotalAmt0110152
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt00
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/ManagementAndGeneralAmt06000
IRS990/PaymentsToAffiliatesGrp/TotalAmt06000
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/FundraisingAmt03998
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt03998
IRS990/PayrollTaxesGrp/ProgramServicesAmt07995
IRS990/PayrollTaxesGrp/TotalAmt015991
IRS990/PensionPlanContributionsGrp/TotalAmt00
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt027720
IRS990/PrincipalOfficerNm0Lina Park
IRS990/ProfessionalFundraisingInd0false
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0572014
IRS990/PYExcessBenefitTransInd0false
IRS990/PYGrantsAndSimilarPaidAmt0314000
IRS990/PYInvestmentIncomeAmt0-2947
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt081125
IRS990/PYOtherRevenueAmt055969
IRS990/PYRevenuesLessExpensesAmt075673
IRS990/PYSalariesCompEmpBnftPaidAmt0154238
IRS990/PYTotalExpensesAmt0549363
IRS990/PYTotalRevenueAmt0625036
IRS990/QuidProQuoContributionsInd0true
IRS990/QuidProQuoContriDisclInd0true
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt0-15175
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0true
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0false
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0365580
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0554650
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0624664
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0521820
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0633566
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0409731
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt02744431
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt01169
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt0372
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt01656
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt0100
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt03297
IRS990ScheduleA/OtherIncome170Grp/TotalAmt00
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.99880
IRS990ScheduleA/PublicSupportTotal170Amt02744431
IRS990ScheduleA/SubstantialContributorsTotAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0554650
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0624664
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0521820
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0633566
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0409731
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt02744431
IRS990ScheduleA/TotalSupportAmt02747728
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/BoardDesignatedBalanceEOYPct01.00000
IRS990ScheduleD/CYEndwmtFundGrp/BeginningYearBalanceAmt0111786
IRS990ScheduleD/CYEndwmtFundGrp/ContributionsAmt039800
IRS990ScheduleD/CYEndwmtFundGrp/EndYearBalanceAmt0143452
IRS990ScheduleD/CYEndwmtFundGrp/GrantsOrScholarshipsAmt08134
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/AdministrativeExpensesAmt099
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/BeginningYearBalanceAmt078185
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/ContributionsAmt033700
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/EndYearBalanceAmt0111786
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/BeginningYearBalanceAmt078185
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/EndYearBalanceAmt078185
IRS990ScheduleD/EndowmentsHeldRelatedOrgInd0false
IRS990ScheduleD/EndowmentsHeldUnrelatedOrgInd0false
IRS990ScheduleD/RelatedOrgListSchRInd0false
IRS990ScheduleG/AgrmtProfFundraisingActyInd0false
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContributionsTotAmt0393630
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContriEvent1Amt0387190
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContriEvent2Amt06440
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt0152562
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0Gala
IRS990ScheduleG/FundraisingEventInformationGrp/Event2Nm0Other
IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageEvent1Amt09234
IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageEvent2Amt02430
IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageTotalEventsAmt011664
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt0583525
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent2Amt016639
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt0600164
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt0196335
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent2Amt010199
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt0206534
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt053972
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt045590
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt044948
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent2Amt0642
IRS990ScheduleG/FundraisingEventInformationGrp/RentFacilityCostsEvent1Amt095308
IRS990ScheduleG/FundraisingEventInformationGrp/RentFcltyCostsTotalEventsAmt095308
IRS990ScheduleI/GrantRecordsMaintainedInd0true

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2019 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$607,471
Liabilities
$108,759
Net assets
$498,712
Revenue
$609,792
Expenses
$624,967
Net income
-$15,175
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