King Sejong Institute Washington Dc
- Assets
- $47.4k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Washington DC, DC
- Founding
- 11/2019
- Data as of
- 12/2022
- EIN
- 82-1188989
Organization Overview
King Sejong Institute Washington Dc is located in Washington DC, DC. The organization was established in 2019. According to its NTEE Classification (B60) the organization is classified as: Adult Education, 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. King Sejong Institute Washington DC 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, King Sejong Institute Washington DC generated $122.6k in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 11.8% each year . All expenses for the organization totaled $125.4k during the year ending 12/2022. While expenses have increased by 14.6% per year over the past 4 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
KOREAN LANGUAGE PROGRAM. THE ORGANIZATION'S MAIN PROGRAM SERVICE IS KOREAN LANGUAGE CLASSES, PRIMARILY FOR ADULTS AND TEENS. CLASSES BUILD COMMUNICATIVE AND CULTURAL PROFICIENCY FOR PERSONAL AND PROFESSIONAL REASONS, IN THREE 12-WEEK SESSIONS PER YEAR. IN 2022 THE ORGANIZATION REGISTERED MORE THAN 540 LEARNERS ACROSS 49 COURSES OFFERED. THE PROGRAM HELPS MEET THE HIGH DEMAND FOR KOREAN LANGUAGE EDUCATION LOCALLY AND NATIONALLY (THROUGH ONLINE COURSES), FOSTERING COMMUNITY AND INTERCULTURAL UNDERSTANDING. THE PROGRAM ALSO ACQUIRES TEXTBOOKS IN BULK AND OFFERS THEM FOR RESALE PURCHASE AT MINIMAL/UNDER INVOICE COST TO REGISTRANTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Robert Ramsey President | 1 | $0 | |
Adam Wojciechowicz Director Of Operations | 3 | $830 | |
Kyu Park Treasurer | 1 | $0 | |
Junghoon Kim Boardmember | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $123,550 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $373 |
| Total Revenue | $122,567 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $909 |
| Professional fees and other payments to independent contractors | $118,425 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $225 |
| Other expenses | $5,847 |
| Total expenses | $125,406 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $45,374 |
| Other assets | $0 |
| Total assets | $47,414 |
| Total liabilities | $31,261 |
| Net assets or fund balances | $16,153 |