Korean Emergency Fund is located in Seattle, WA. The organization was established in 2005. According to its NTEE Classification (P20) the organization is classified as: Human Service Organizations, under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Korean Emergency Fund 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 10/2023, Korean Emergency Fund generated $59.5k in total revenue. The organization has seen a slow decline revenue. Over the past 8 years, revenues have fallen by an average of (1.0%) each year. All expenses for the organization totaled $61.1k during the year ending 10/2023. As we would expect to see with falling revenues, expenses have declined by (0.8%) per year over the past 8 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
COMMUNITY SUPPORT - HELPED 32 POVERTY-STRICKEN ELDERS AND SICK INDIVIDUALS TO SOLVE A FINANCIAL EMERGENCY.
| Name (title) | Role | Hours | Compensation | 
|---|---|---|---|
| Yeo C Yun President | 2 | $0 | |
| Yang Joon Hwang Treasure | 3 | $0 | 
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $59,550 | 
| Total Program Service Revenue | $0 | 
| Membership dues | $0 | 
| Investment income | $0 | 
| Gain or Loss | -$50 | 
| Net Income from Gaming & Fundraising | $0 | 
| Other Revenue | $0 | 
| Total Revenue | $59,500 | 
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 | 
| Benefits paid to or for members | $0 | 
| Salaries, other compensation, and employee benefits | $0 | 
| Professional fees and other payments to independent contractors | $0 | 
| Occupancy, rent, utilities, and maintenance | $0 | 
| Printing, publications, postage, and shipping | $50 | 
| Other expenses | $0 | 
| Total expenses | $61,050 | 
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $1,101 | 
| Other assets | $0 | 
| Total assets | $1,101 | 
| Total liabilities | $0 | 
| Net assets or fund balances | $1,101 |