American Association Of Teachers Of Korean
- Assets
- $130.0k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Duluth, GA
- Founding
- 03/2017
- Data as of
- 12/2021
- EIN
- 47-2145193
Organization Overview
American Association Of Teachers Of Korean is located in Duluth, GA. The organization was established in 2017. According to its NTEE Classification (B03) the organization is classified as: Professional Societies & Associations, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. American Association Of Teachers Of Korean 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, American Association Of Teachers Of Korean generated $39.3k 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 (16.4%) each year. All expenses for the organization totaled $27.5k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (17.6%) per year over the past 6 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
2021
Describe the Organization's Program Activity:
Part 3
TO PROMOTE TEACHING AND STUDY IN KOREAN LANGUAGE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Hi-Sun Kim Treasurer | 2 | $0 | |
Hangtae Cho President | 2 | $0 | |
Mijeong Kim Secretary | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $38,274 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $1,036 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $39,310 |
| 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 | $1,750 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $7,993 |
| Other expenses | $17,714 |
| Total expenses | $27,457 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $129,985 |
| Other assets | $0 |
| Total assets | $129,985 |
| Total liabilities | $0 |
| Net assets or fund balances | $129,985 |
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