A-Keep
- Assets
- $569.2k
- Revenue
- $725.0k
- Investments
- $0.0
- Employees
- 13
- Location
- Montgomery, AL
- Founding
- 03/2012
- Data as of
- 09/2022
- EIN
- 45-4297350
Organization Overview
A-Keep, operating under the name Alabama-Korea Education and Economic Partnership, is located in Montgomery, AL. The organization was established in 2012. According to its NTEE Classification (Q22) the organization is classified as: International Academic Exchange, under the broad grouping of International, Foreign Affairs & National Security and related organizations. As of 09/2022, Alabama-Korea Education and Economic Partnership employed 13 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Alabama-Korea Education and Economic Partnership 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 09/2022, Alabama-Korea Education and Economic Partnership generated $725.0k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 24.7% each year . All expenses for the organization totaled $488.9k during the year ending 09/2022. While expenses have increased by 19.0% 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
(1) PROVIDING MULTILINGUAL AND MULTICULTURAL DIVERSITY EDUCATION AS A GLOBAL LEADERSHIP EDUCATOR, (2) BRIDGING THE DIFFERENCES FOR ECONOMIC PROSPERITY AS A GLOBAL PARTNERSHIP FACILITATOR, AND (3) PROVIDING LANGUAGE SERVICES FOR THE PEOPLE WITH DISABILITIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
NAICS: 6111, 61111, 61131, 611610, AND 611630 PROVIDED KOREAN AS A SECOND LANGUAGE (KSL) EDUCATION FOR K-12 LEARNERS OF LOCAL SCHOOLS DURING REGULAR SCHOOL HOURS, AFTERSCHOOL, SUMMER STARTALK PROGRAM, AND COMMUNITY KSL PROGRAM FOR ADULT LEARNERS IN THE COMMUNITIES. PROVIDED MULTICULTURAL DIVERSITY EDUCATION THROUGH CULTURAL WORKSHOPS & PERFORMING ARTS AS KOREAN CULTURAL EXPERIENCE PROGRAMS. (1) THE STARTALK GRANT FROM THE NATIONAL SECURITY AGENCY CAME THROUGH AFTER COVID-19 AND SUMMER STARTALK CAMP SUCCEEDED. (2) REGULAR KSL (KOREAN AS A SECOND LANGUAGE) AND AFTERSCHOOL PROGRAM GRANTS RECEIVED FROM THE KOREAN EDUCATION CENTER, ATLANTA KOREAN CONSULATE OFFICE, AND LEA (LOCAL EDUCATIONAL AGENCIES) CONTRIBUTED ADDITIONAL FUNDING TO MATCH THE ATLANTA KOREAN EDUCATION CENTER FUNDING. (3) THE NATIONAL ENDOWMENT OF ARTS (NEA) + THE ALABAMA STATE COUNCIL FOR THE ARTS (ASCA) + KOREAN.NET (COMBINED GRANTS) FUNDED KOREAN CULTURAL DIVERSITY PROGRAMS IN ALABAMA. (4) SINCE COVID-19, ACTUAL PROGRAMS HAVE BEEN PROVIDED IN IN-PERSON, VIRTUAL, AND HYBRID/BLENDED MANNERS. (5) WITH ALABAMA HUMANITIES FOUNDATION AND THE US SMALL BUSINESS ADMINISTRATION (SBA) SUPPLEMENTED THE COST OF DEVELOPING TEACHING & LEARNING MATERIALS, IMPROVING CONTENT AND ACTIVITY MATERIALS, AND ITS DEVELOPMENT.
NAICS 611430 LEADERSHIP, PROFESSIONAL DEVELOPMENT TRAINING, AND ON-THE-JOB-TRAINING & WORKFORCE PROGRAMS: PROVIDED GLOBAL LEADERSHIP TRAINING, SERVICE LEARNING TRAINING, AND ON-THE-JOB-TRAINING (OJT) PROGRAM FOR WORKFORCE IMPROVEMENT AND ALSO ADDED STEM (SCIENCE, TECHNOLOGY, ENGINEERING, AND MATHEMATICS) TEACHER EDUCATION PROGRAM. PROFESSIONAL WORKFORCE TRAINING PROGRAMS WERE POSSIBLE THROUGH THE PARTNERSHIP WITH THE KOREAN GLOBAL TEACHERS PROGRAMS: 5S (STEM SURPLUS SUPPLIES STEM SHORTAGE) PROJECT WITH THE ALABAMA STATE DEPARTMENT OF EDUCATION, THE ALABAMA COMMISSION ON HIGHER EDUCATION, AND THE KOREAN MINISTRY OF EDUCATION.
NAICS 561310 FOR FACILITATION AND CONSULTATION SERVICES AND NAICS 541930 FOR LANGUAGE ACCESS AND RELATED SERVICES FOR INTELLECTUAL AND DEVELOPMENTAL DISABILITIES. ALABAMA COUNCIL ON DEVELOPMENTAL DISABILITIES (ACDD) GRANTED BUD ADVOCACY AND LANGUAGE ACCESS SERVICE TRAINING GRANT. LANGUAGE ACCESS, INTERPRETATION SERVICES, AND MINORITY SERVICE ADVOCACY, ESPECIALLY FOR KOREAN-ENGLISH COMMUNITY NEEDS. INTERPRETATION AND CONSULTING SERVICE FOR INDIVIDUALS OR CORPORATES DOING BUSINESS WITH KOREAN AND/OR INTERNATIONAL.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Eric Mackey Superintendent Of Alabama State Department Of Education | Trustee | 0.5 | $0 |
Lance Hunter CEO Of Hodges Warehouse + Logistics | Trustee | 1 | $0 |
Chuck Ledbetter Superintendent Of Pike Road School District | Trustee | 1 | $0 |
James Purcell Executive Director Of Alabama Commission On Higher Education | Trustee | 1.5 | $0 |
Darryle Powell Executive Director Of Alabama Council On Developmental Disabilities | Trustee | 1 | $0 |
Mark Davis Dean Of Arts & Science, University Of West Alabama | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $60,000 |
| Government grants | $477,533 |
| All other contributions, gifts, grants, and similar amounts not included above | $147,373 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $684,906 |
| Total Program Service Revenue | $40,072 |
| Investment income | $31 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $725,009 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $252,563 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $29,354 |
| Payroll taxes | $17,275 |
| Fees for services: Management | $59,517 |
| Fees for services: Legal | $500 |
| Fees for services: Accounting | $8,153 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $3,215 |
| Office expenses | $25,870 |
| Information technology | $10,607 |
| Royalties | $0 |
| Occupancy | $60,000 |
| Travel | $8,109 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $4,445 |
| Interest | -$189 |
| Payments to affiliates | $750 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $3,388 |
| All other expenses | $0 |
| Total functional expenses | $488,895 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $241,264 |
| Savings and temporary cash investments | $324,500 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $1,948 |
| 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 | $1,500 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $569,212 |
| Accounts payable and accrued expenses | $15,084 |
| 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 | $15,084 |
| Net assets without donor restrictions | $318,014 |
| Net assets with donor restrictions | $236,114 |
| 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 | $569,212 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that A-Keep has recieved totaling $13.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $13 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Florida State University International Programs Assoc Inc Tallahassee, FL | $21,887,895 | $22,858,862 |
Georgia Rotary Student Program Inc Savannah, GA | $224,018 | $1,023,976 |
A-Keep Montgomery, AL | $569,212 | $725,009 |
Medical Education Cooperation With Cuba Decatur, GA | $774,993 | $361,532 |
Consortium For Global Education Inc Atlanta, GA | $185,862 | $432,617 |
Middle Tennessee Japan Society Nashville, TN | $229,625 | $333,404 |
American Friends Of Livnot Ulehiba Boca Raton, FL | $133,702 | $403,496 |
Honey Shine Inc Miami, FL | $295,087 | $282,139 |
Global Insights Inc Marietta, GA | $79,507 | $95,186 |
Mission To Japan Inc Kissimmee, FL | $104,700 | $0 |
Jewish Leadership Institute Inc Miami Beach, FL | $21,471 | $102,268 |
Inter Ed Ltd Dyersburg, TN | $2,866 | $37,837 |