Krin International
- Assets
- $115.8k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 2
- Location
- Norman, OK
- Founding
- 08/2017
- Data as of
- 12/2023
- EIN
- 82-1698957
Organization Overview
Krin International is located in Norman, OK. The organization was established in 2017. According to its NTEE Classification (Q30) the organization is classified as: International Development, under the broad grouping of International, Foreign Affairs & National Security and related organizations. As of 12/2023, Krin International employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Krin International 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 12/2023, Krin International generated $198.4k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (7.9%) each year. All expenses for the organization totaled $225.5k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (1.9%) per year over the past 6 years. 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
A NETWORK OF ORGANIZATIONS AND INDIVIDUALS, WHOSE MISSION IS TO EMPOWER THE PEOPLE OF THE KOREAN PENINSULA. MAJOR ACTIVITIES FOCUS ON NETWORKING AND TRAINING TOWARDS THE ORGANIZATION'S MISSION ACROSS VARIOUS DIFFERENT SCENARIOS ENCOMPASSING THE FUTURE OF THE PENINSULA.
Describe the Organization's Program Activity:
Part 3
BEGAN A REORGANIZATION PROCESS, PREPARING THE NETWORK FOR MULTIPLE FUTURE SCENARIOS FOR THE KOREAN PENINSULA. HIRED A NEW EXECUTIVE DIRECTOR TO CARRY OUT THE PLAN. HELD 5 ONLINE CONFERENCES TO EDUCATE AND ENCOURAGE ORGANIZATIONS WORKING TO EMPOWER THE KOREAN PEOPLE, WHILE DEALING WITH SIGNIFICANT CURRENT ISSUES. RECRUITED, TRAINED AND RELEASED 3 NEW LEADERS IN SPECIFIC FOCUS AREAS. EXPANDED THE NETWORK SIGNFICANTLY, IN TERMS OF NEW ORGANIZATIONS AND INDIVIDUALS PARTICIPATING.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Derek Seipp Executive Director | 40 | $85,405 | |
Mary Gilliam Director/secretary | 1 | $0 | |
Eugene W Jahn Director/treasurer | 1 | $0 | |
Brett Nordick Director/acting Chairman | 1 | $0 | |
Gary Russell Director | 1 | $0 | |
Jeff Kwon Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $187,882 |
| Total Program Service Revenue | $9,927 |
| Membership dues | $0 |
| Investment income | $153 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $394 |
| Total Revenue | $198,356 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $124,058 |
| Professional fees and other payments to independent contractors | $13,935 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $4,613 |
| Other expenses | $82,854 |
| Total expenses | $225,460 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $112,462 |
| Other assets | $0 |
| Total assets | $115,814 |
| Total liabilities | $36,604 |
| Net assets or fund balances | $79,210 |