625 Foundation is located in Rupert, VT. The organization was established in 2018. According to its NTEE Classification (B99) the organization is classified as: Education N.E.C., 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. 625 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 12/2023, 625 Foundation generated $53.0k in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 72.7% each year .
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
VISITING THE SCHOOLS OF THE KOREAN WAR VETERANS AND ESTABLISHING THE SCHOOL LIBRARY IN MEMORY OF THEM
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Sungyull Koo President | 20 | $0 | |
Changwha Koo Director | 20 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $53,006 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $53,006 |
| 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 | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $114,313 |
| Total expenses | $114,313 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $14,718 |
| Other assets | $0 |
| Total assets | $14,718 |
| Total liabilities | $0 |
| Net assets or fund balances | $14,718 |