Bay Area K Group
- Assets
- $101.4k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Sunnyvale, CA
- Founding
- 02/2017
- Data as of
- 12/2022
- EIN
- 51-0656931
Organization Overview
Bay Area K Group is located in Sunnyvale, CA. The organization was established in 2017. According to its NTEE Classification (U03) the organization is classified as: Professional Societies & Associations, under the broad grouping of Science & Technology and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Bay Area K Group 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, Bay Area K Group generated $87.4k in total revenue. This represents relatively stable growth, over the past 4 years the organization has increased revenue by an average of 5.2% each year. All expenses for the organization totaled $78.2k 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
SEE SCHEDULE 0
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Sujin Kim President | 5 | $0 | |
David Lee President | 5 | $0 | |
Jinseop Sim CFO | 5 | $0 | |
Jenny Lee Vice President | 5 | $0 | |
Sangho Eum Vice President | 5 | $0 | |
Yoonki Hong Vice President | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $57,632 |
| Total Program Service Revenue | $29,786 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $87,418 |
| 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 | $5,282 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $72,874 |
| Total expenses | $78,156 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $99,031 |
| Other assets | $0 |
| Total assets | $101,356 |
| Total liabilities | $0 |
| Net assets or fund balances | $101,356 |