Korean American Dementia Center
- Assets
- $40.9k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Gardena, CA
- Founding
- 03/2019
- Data as of
- 12/2021
- EIN
- 83-2784660
Organization Overview
Korean American Dementia Center is located in Gardena, CA. The organization was established in 2019. According to its NTEE Classification (X20) the organization is classified as: Christianity, under the broad grouping of Religion-Related and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Korean American Dementia Center 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 12/2021, Korean American Dementia Center generated $31.5k in total revenue. This represents relatively stable growth, over the past 3 years the organization has increased revenue by an average of 7.2% each year. All expenses for the organization totaled $34.1k during the year ending 12/2021. While expenses have increased by 12.4% per year over the past 3 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
2021
Describe the Organization's Program Activity:
Part 3
WE PROVIDE SPIRITUAL SERVICES, COGNITIVE STIMULATING ACTIVITIES, AND EMOTIONAL SUPPORTIVE SERVICES FOR IMPROVING THE QUALITY OF LIFE FOR PEOPLE WITH DEMENTIA.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Sang Jin Lee President | 0 | $0 | |
Ae Ja Han Secretary | 0 | $0 | |
Sung R Cho CFO | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $31,534 |
| 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 | $31,534 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $8,612 |
| Professional fees and other payments to independent contractors | $1,100 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $24,357 |
| Total expenses | $34,069 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $16,922 |
| Other assets | $0 |
| Total assets | $40,851 |
| Total liabilities | $22,369 |
| Net assets or fund balances | $18,482 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Korean American Dementia Center has recieved totaling $16,000.
| Awarding Organization | Amount |
|---|---|
Local Initiatives Support Corporation New York, NY PURPOSE: SEE PART IV | $15,000 |
Simon & Joy Hong Foundation Los Angeles, CA PURPOSE: CHARITABLE ORG. | $1,000 |
Peer Organizations
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|---|---|---|
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Lake Mission Viejo Association Mission Viejo, CA | $11,099,981 | $7,973,182 |
Masters Academy International Inc Sun Valley, CA | $13,685,330 | $10,175,321 |
Society For Christian Instruction Ripon, CA | $27,201,760 | $9,423,324 |
Village Missions Dallas, OR | $5,481,807 | $8,833,787 |
Path Of Life Ministries Riverside, CA | $2,263,670 | $6,512,094 |
Reasons To Believe Covina, CA | $11,307,882 | $5,805,662 |
Priority Living Inc Corona, CA | $3,682,514 | $6,284,416 |
Global Training Network Inc Peoria, AZ | $3,445,890 | $6,634,687 |
Desert Trails Inc Adelanto, CA | $15,530,749 | $7,542,777 |
New Generations Los Altos, CA | $5,470,778 | $6,966,320 |
Langham Partnership Usa Inc Nfp Cave Creek, AZ | $4,743,435 | $6,322,505 |