Montgomery Korean Golf Association Inc
- Assets
- $17.8k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Montgomery, AL
- Founding
- 05/2016
- Data as of
- 12/2022
- EIN
- 81-2278601
Organization Overview
Montgomery Korean Golf Association Inc is located in Montgomery, AL. The organization was established in 2016. According to its NTEE Classification (T31) the organization is classified as: Community Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Montgomery Korean Golf Association 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 12/2022, Montgomery Korean Golf Association Inc generated $93.8k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 10.7% each year . All expenses for the organization totaled $82.8k during the year ending 12/2022. While expenses have increased by 8.8% 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
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
THE MONTGOMERY KOREAN GOLF ASSOCIATION IS TO PROMOTE FELLLOWSHIP OF KOREAN COMMUNITY AND PROVIDE CHARITABLE IN MONTGOMERY.
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Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $52,650 |
| Total Program Service Revenue | $0 |
| Membership dues | $36,590 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $4,510 |
| Total Revenue | $93,750 |
| 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 | $300 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $82,466 |
| Total expenses | $82,766 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $17,791 |
| Other assets | $0 |
| Total assets | $17,791 |
| Total liabilities | $0 |
| Net assets or fund balances | $17,791 |