World Hongik Foundation
- Assets
- $103.5k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Washington, DC
- Founding
- 11/2018
- Data as of
- 12/2022
- EIN
- 82-4242671
Organization Overview
World Hongik Foundation is located in Washington, DC. The organization was established in 2018. According to its NTEE Classification (P20) the organization is classified as: Human Service Organizations, under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. World Hongik Foundation 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, World Hongik Foundation generated $95.2k in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 0.4% each year. All expenses for the organization totaled $90.4k during the year ending 12/2022. 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
PROVIDE EDUCATION, INSTRUCTION AND SOLUTION FINDING EXERCISES TO COMBAT WORLD HUNGER. THE ORGAINIZATION ACCOMPLISHED THIS BY HOLDING CONFERENCES IN WHICH PARTICIPANTS DISCUSSED AND PRACTICED IN SOLUTION FINDING EXERCISES
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kyungae Shin President | 3 | $0 | |
Daniel Kim Secretary | 20 | $0 | |
Eugene Park Treasurer | 10 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $61,685 |
| Total Program Service Revenue | $17,308 |
| Membership dues | $16,176 |
| Investment income | $4 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $95,173 |
| 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 | $1,160 |
| Occupancy, rent, utilities, and maintenance | $2,255 |
| Printing, publications, postage, and shipping | $861 |
| Other expenses | $86,132 |
| Total expenses | $90,408 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $101,580 |
| Other assets | $0 |
| Total assets | $103,465 |
| Total liabilities | $0 |
| Net assets or fund balances | $103,465 |