The Korea-America Finance Association
- Assets
- $280.1k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Paoli, PA
- Founding
- 05/2016
- Data as of
- 12/2022
- EIN
- 34-1698936
Organization Overview
The Korea-America Finance Association is located in Paoli, PA. The organization was established in 2016. 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. Korea-America Finance Association 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 12/2022, Korea-America Finance Association generated $30.2k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (7.5%) each year. All expenses for the organization totaled $27.2k during the year ending 12/2022. 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
2022
Describe the Organization's Program Activity:
Part 3
THE ANNUAL CONFERENCE OF FINANCIAL MANAGEMENT ASSOCIATION FMA ON FRIDAY OCTOBER 12TH IN SAN DIEGO, CA
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Unyong Pyo President | 0 | $0 | |
Won Yong Kim Secreatry General | 0 | $0 | |
Taek-Yul Kim Treasurer | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $29,000 |
| Total Program Service Revenue | $0 |
| Membership dues | $1,220 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $30,220 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $200 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $1,036 |
| Occupancy, rent, utilities, and maintenance | $74 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $15,888 |
| Total expenses | $27,198 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $280,149 |
| Other assets | $0 |
| Total assets | $280,149 |
| Total liabilities | $0 |
| Net assets or fund balances | $280,149 |