Korean American Dementia Center
- Assets
- $33.3k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Gardena, CA
- Founding
- 03/2019
- Data as of
- 12/2022
- 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 12/2022, Korean American Dementia Center generated $22.3k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (3.4%) each year. All expenses for the organization totaled $25.9k 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
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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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 | $15,579 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $6,726 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $22,305 |
| 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 | $580 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $25,315 |
| Total expenses | $25,895 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $11,113 |
| Other assets | $0 |
| Total assets | $33,322 |
| Total liabilities | $18,430 |
| Net assets or fund balances | $14,892 |