Kim Center For Social Balance
- Assets
- $127.8k
- Revenue
- $92.7k
- Investments
- $0.0
- Employees
- 2
- Location
- San Diego, CA
- Founding
- 12/2016
- Data as of
- 06/2024
- EIN
- 81-4518651
Organization Overview
Kim Center For Social Balance is located in San Diego, CA. The organization was established in 2016. According to its NTEE Classification (W99) the organization is classified as: Public & Societal Benefit N.E.C., under the broad grouping of Public & Societal Benefit and related organizations. As of 06/2024, Kim Center For Social Balance employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Kim Center For Social Balance 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, Kim Center For Social Balance generated $92.7k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (5.3%) each year. All expenses for the organization totaled $135.5k during the year ending 06/2024. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2024
Describe the Organization's Mission:
Part 3 - Line 1
ACCLERATE THE ACHIEVMENT OF EQUAL STATUS FOR ALL GENDERS IN THE WORKPLACE. VALUE CLARITY OF PURPOSE WITH DEDICATION TO PROGRESS,EMOTIONAL INTELLIGENCE, AND MINDFULNESS OF OUR ACTIONS AND THEIR IMPACT ON OTHERS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
CULTURAL TRANSFORMATION DEPENDS ON ORGANIZED, LOCAL EFFORT (INTERDISCIPLINARY JOURNAL OF PARTNERSHIP STUDIES), SO THE KIM CENTER DRIVES WORKPLACE GENDER EQUITY BY UNITING REGIONS AND COMPANIES AROUND OUR SCALABLE GENDERLEAP INITIATIVE. WE ACCELERATE CHANGE BY WORKING WITH REGIONAL AND COMPANY LEADERS IN A STANDARDIZED FRAMEWORK OF FIVE METRICS ESSENTIAL TO WORKPLACE GENDER EQUITY: 1) ADVANCEMENT, 2) COMPENSATION, 3) POLICIES, 4) BENEFITS, 5) ENVIRONMENT. GENDERLEAP SUCCEEDS BECAUSE ITS COMPREHENSIVE ASSESSMENT AND NATIONAL ACCREDITATION PROVIDE CLEAR BENCHMARKS FOR PROGRESS AND ACCOUNTABILITY OVER THE LONG-TERM, AND ITS CUSTOMIZABLE PLAYBOOK SHORTENS TIME TO IMPACT WITH CLEAR GOALS AND TIMELINES. DECISION-MAKERS BUY INTO GENDERLEAP BECAUSE IT CORRELATES PROGRESS TO BOTTOM-LINE GROWTH, AND THEY APPRECIATE ITS STRAIGHTFORWARD STRUCTURE AND ACADEMIC RIGOR. AS THEY DISCOVER THAT GENDER EQUITY GIVES THEM A COMPETITIVE EDGE, THEY MAKE IT STANDARD BUSINESS PRACTICE. THIS NORMALIZES EMPOWERING ALL WOMEN AND OTHER MARGINALIZED GENDERS, AS WELL AS PLACING THEM IN POSITIONS OF AUTHORITY AND INFLUENCE. GENDER EQUITY BECOMES ANATIONALLY ENTRENCHED CULTURAL IMPERATIVE THAT INCREASES PROFITABILITY, RESILIENCE, AND INDIVIDUAL HEALTH AND WELL-BEING.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Hei-Ock Kim Exec Dir | Officer | 60 | $80,000 |
Miranda Heerah Board Member | Trustee | 5 | $0 |
Sarah Hassaine Board Member | Trustee | 5 | $0 |
Dan Mcallister Board Member | Trustee | 5 | $0 |
Shante Lampkin Board Member | Trustee | 5 | $0 |
Adriana Brunner Board Member | Trustee | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $35,000 |
| All other contributions, gifts, grants, and similar amounts not included above | $32,890 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $67,890 |
| Total Program Service Revenue | $24,850 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $92,740 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $80,000 |
| Compensation of current officers, directors, key employees. | $16,000 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $25,002 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $514 |
| Payroll taxes | $8,296 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $6,450 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $13,071 |
| Advertising and promotion | $537 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $1,602 |
| All other expenses | $0 |
| Total functional expenses | $135,472 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $127,030 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $750 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $127,780 |
| Accounts payable and accrued expenses | $7,413 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $318 |
| Total liabilities | $7,731 |
| Net assets without donor restrictions | $120,049 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $127,780 |