The Kaifa Group Inc
- Assets
- $28.9k
- Revenue
- $228.4k
- Investments
- $0.0
- Employees
- 1
- Location
- New York, NY
- Founding
- 01/2000
- Data as of
- 12/2021
- EIN
- 13-3707484
Organization Overview
The Kaifa Group Inc is located in New York, NY. The organization was established in 2000. According to its NTEE Classification (Q23) the organization is classified as: International Exchange N.E.C., under the broad grouping of International, Foreign Affairs & National Security and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Kaifa Group Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, Kaifa Group Inc generated $228.4k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 2.2% each year. All expenses for the organization totaled $251.1k during the year ending 12/2021. While expenses have increased by 5.1% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
EDUCATIONAL SERVICES
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROMOTES EDUCATIONAL & CULTURAL ACTIVITIES IN EXCHANGE OF EXPERTISE & RESOURCES BETWEEN BUSINESS LEADERS, CULTURAL INSTITUTIONS, COMMUNITY REPRESENTATIVES TO FOSTER GREATER UNDERSTANDING OF ASIAN-AMERICAN CULTURE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Charles Morton Board Member | OfficerTrustee | 5 | $0 |
Myron Youngman Director | Officer | 35 | $0 |
Tony Wong Treasurer | Trustee | 5 | $0 |
Todd Rivetti 13519 Chairman | Trustee | 5 | $0 |
Randy Wilcox Secretary | Trustee | 20 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $226,570 |
| Noncash contributions included in lines 1a–1f | $2,934 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $226,570 |
| Total Program Service Revenue | $0 |
| Investment income | $2 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $1,867 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $228,439 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $20,400 |
| Compensation of current officers, directors, key employees. | $10,200 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $1,560 |
| Fees for services: Management | $15,037 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $8,402 |
| Information technology | $2,351 |
| Royalties | $0 |
| Occupancy | $8,624 |
| Travel | $10,431 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $2,031 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $1,098 |
| Insurance | $0 |
| All other expenses | $169,500 |
| Total functional expenses | $251,113 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $17,543 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $9,882 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $1,465 |
| Total assets | $28,890 |
| Accounts payable and accrued expenses | $19,889 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $19,889 |
| Net assets without donor restrictions | $9,001 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $28,890 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that The Kaifa Group Inc has recieved totaling $8,388.
| Awarding Organization | Amount |
|---|---|
Community Foundation Of Will County Chicago, IL PURPOSE: General Operating Support | $8,388 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
World Learning Inc Brattleboro, VT | $69,510,730 | $48,654,850 |
Birthright Israel Foundation New York, NY | $97,221,190 | $44,527,782 |
Educational Foundation For Foreign Study A Non-Profit Corp Cambridge, MA | $3,594,555 | $13,477,105 |
Interexchange Inc New York, NY | $29,194,996 | $11,958,069 |
International House New York, NY | $113,609,118 | $15,698,027 |
Itrek Inc New York, NY | $9,805,807 | $9,090,529 |
National Committee On United States China Relations Inc New York, NY | $21,325,649 | $8,071,507 |
Friends Of Israel Scouts Inc New York, NY | $4,590,844 | $5,759,248 |
Eisenhower Exchange Fellowships Inc Philadelphia, PA | $65,596,103 | $6,998,560 |
Project Harmony Inc Waitsfield, VT | $1,544,507 | $3,847,888 |
American Institute For Foreign Study Foundation Stamford, CT | $1,363,621 | $3,335,137 |
America-Israel Friendship League Inc New York, NY | $677,859 | $1,125,516 |