Korean American Sharing Movement Inc
- Assets
- $40.2k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Centreville, VA
- Founding
- 06/1997
- Data as of
- 12/2021
- EIN
- 52-2016400
Organization Overview
Korean American Sharing Movement Inc is located in Centreville, VA. The organization was established in 1997. According to its NTEE Classification (Q33) the organization is classified as: International Relief, under the broad grouping of International, Foreign Affairs & National Security and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Korean American Sharing Movement Inc 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, Korean American Sharing Movement Inc generated $79.3k in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 3.6% each year. All expenses for the organization totaled $72.5k during the year ending 12/2021. While expenses have increased by 1.8% per year over the past 5 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
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3
KASM DELIVERED THE WASHINGTON LEADERSHIP PROGRAM (WLP) IN THE UNITED STATES IN JULY-AUGUST 2021 AND THE ORIENTATION PROGRAM IN PREPARATION FORTHE WLP FROM MARCH - JULY 2021.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Seung-Hee Nah Chair Of Directors | 13 | $0 | |
Jeeyeon Seo Director | 1 | $0 | |
Declan Cummings Director | 1 | $0 | |
Seunghyun Ko Director Of Administration | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $73,786 |
| Total Program Service Revenue | $5,504 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $79,290 |
| 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 | $3,000 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $69,480 |
| Total expenses | $72,480 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $35,212 |
| Other assets | $0 |
| Total assets | $40,212 |
| Total liabilities | $8,124 |
| Net assets or fund balances | $32,088 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Korean American Sharing Movement Inc has recieved totaling $34,091.
| Awarding Organization | Amount |
|---|---|
American Online Giving Foundation Inc Newark, DE PURPOSE: GENERAL SUPPORT | $34,091 |
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