Korean-American Association Of Tacoma
- Assets
- $340.8k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Tacoma, WA
- Founding
- 03/1994
- Data as of
- 12/2022
- EIN
- 94-3195007
Organization Overview
Korean-American Association Of Tacoma is located in Tacoma, WA. The organization was established in 1994. According to its NTEE Classification (Q99) the organization is classified as: International, Foreign Affairs & National Security N.E.C., under the broad grouping of International, Foreign Affairs & National Security and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Korean-American Association Of Tacoma 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 Association Of Tacoma generated $92.6k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 1.3% each year. All expenses for the organization totaled $97.1k during the year ending 12/2022. While expenses have increased by 3.1% per year over the past 8 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.
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Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $43,288 |
| Total Program Service Revenue | $0 |
| Membership dues | $14,795 |
| Investment income | $34,550 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $92,633 |
| 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 | $97,117 |
| Total expenses | $97,117 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $8,831 |
| Other assets | $0 |
| Total assets | $340,841 |
| Total liabilities | $28,106 |
| Net assets or fund balances | $312,735 |