Washington Association For Korean Schools
- Assets
- $40.1k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Germantown, MD
- Founding
- 04/2008
- Data as of
- 06/2024
- EIN
- 51-0645383
Organization Overview
Washington Association For Korean Schools is located in Germantown, MD. The organization was established in 2008. According to its NTEE Classification (B12) the organization is classified as: Fund Raising & Fund Distribution, 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. Washington Association For Korean Schools 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 06/2024, Washington Association For Korean Schools generated $104.9k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 4.7% each year. All expenses for the organization totaled $76.6k during the year ending 06/2024. While expenses have increased by 0.9% per year over the past 8 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Eunice Kwangmi Chung President | 16 | $0 | |
Lee Suk Jin Vice Preside | 8 | $0 | |
Heungtae Na Vice Preside | 8 | $0 | |
Mansun Kim Treasurer | 12 | $0 | |
Hee Jin Lee General Secr | 10 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $79,975 |
| Total Program Service Revenue | $24,917 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $104,892 |
| 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 | $0 |
| Other expenses | $72,192 |
| Total expenses | $76,632 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $40,095 |
| Other assets | $0 |
| Total assets | $40,095 |
| Total liabilities | $0 |
| Net assets or fund balances | $40,095 |