Korean American Association Of San Diego
- Assets
- $9.8k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- San Diego, CA
- Founding
- 06/1979
- Data as of
- 12/2022
- EIN
- 95-3125766
Organization Overview
Korean American Association Of San Diego is located in San Diego, CA. The organization was established in 1979. According to its NTEE Classification (A23) the organization is classified as: Cultural & Ethnic Awareness, under the broad grouping of Arts, Culture & Humanities 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 San Diego 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 San Diego generated $62.4k in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 15.3% each year . All expenses for the organization totaled $70.8k during the year ending 12/2022. While expenses have increased by 17.6% per year over the past 5 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
2022
Describe the Organization's Program Activity:
Part 3
3.1 INDEPENDENT MOVEMENT CEREMONY, KOREAN WAR VETERANS MEMORIAL CEREMONY, KOREAN INDEPENDENCE DAY CEREMONY, KOREAN CULTURE & K-POP FESTIVAL, KOREAN-AMERICAN DAY PARTY. MONTHLY KOREA-CONSULATE-GENERAL-AFFAIRS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Hwang Ki Baik President | 12 | $0 | |
Kang Sun Lee Administrator(indepenant Contractor) | 15 | $17,000 | |
Young Gil Jang Director | 6 | $0 | |
Yongsuck Park Director | 6 | $0 | |
Brian Yong Director | 3 | $0 | |
Helen Oh Dirctor | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $11,677 |
| Total Program Service Revenue | $8,490 |
| Membership dues | $1,720 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $8,995 |
| Other Revenue | $31,546 |
| Total Revenue | $62,428 |
| 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 | $17,000 |
| Occupancy, rent, utilities, and maintenance | $20,340 |
| Printing, publications, postage, and shipping | $30 |
| Other expenses | $22,210 |
| Total expenses | $70,770 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $8,904 |
| Other assets | $0 |
| Total assets | $9,784 |
| Total liabilities | $0 |
| Net assets or fund balances | $9,784 |