Totals
- Total revenue
- $543,952
- Total expenses
- $658,471
- Contributions and grants received
- $150,718
- Grants paid
- $0
- Program service revenue
- $199,991
- Investment income
- $0
- Other revenue
- $193,243
- Total assets, end of year
- $676,397
- Total liabilities, end of year
- $7,849
- Net assets or fund balances, end of year
- $668,548
- Program services expenses (Part IX)
- $247,957
- Management and general expenses
- $362,310
- Fundraising expenses
- $48,204
- Program service expenses (Part III)
- $247,957
Program services were 37.7% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
1f · All other contributions, gifts and grants
$150,718
-
2a · Program service revenue: KLP TUITION
total $187,911 · related or exempt $187,911
-
2b · Program service revenue: MINHWA WORKSHIP
total $10,080 · related or exempt $10,080
-
2c · Program service revenue: APPLICATION FEE
total $2,000 · related or exempt $2,000
-
6a · Gross rents
real property $126,000
-
6b · Less rental expenses
real property $0
-
6c · Rental income or loss
real property $126,000
-
6d · Net rental income or loss
total $126,000 · excluded $126,000
-
8a · Fundraising events: gross income
$115,660
-
8b · Fundraising events: direct expenses
$61,913
-
8c · Net income from fundraising events
total $53,747 · excluded $53,747
-
11a · Other revenue: MISCELLANEOUS REVENUE
total $13,496 · related or exempt $13,496
-
11e · Other revenue, total
$13,496
Functional expenses
Part IX, the statement of functional expenses.
-
7 · Other salaries and wages
total $420,854 · program services $99,863 · management and general $278,906 · fundraising $42,085
-
9 · Other employee benefits
total $21,715 · program services $5,153 · management and general $14,390 · fundraising $2,172
-
10 · Payroll taxes
total $39,468 · program services $9,365 · management and general $26,156 · fundraising $3,947
-
11c · Fees: accounting
total $43,666 · program services $34,933 · management and general $8,733
-
12 · Advertising and promotion
total $5,531 · program services $5,531
-
13 · Office expenses
total $36,959 · program services $29,567 · management and general $7,392
-
16 · Occupancy
total $9,678 · management and general $9,678
-
22 · Depreciation, depletion and amortization
total $23,084 · program services $18,467 · management and general $4,617
-
23 · Insurance
total $9,713 · program services $7,554 · management and general $2,159
-
24a · Other expenses: PROGRAM EXPENSES
total $34,164 · program services $26,613 · management and general $7,551
-
24b · Other expenses: REPAIR AND MAINTENANCE
total $13,639 · program services $10,911 · management and general $2,728
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $365,343 · end of year $249,402
-
4 · Accounts receivable
beginning of year $4,452 · end of year $6,059
-
8 · Inventories for sale or use
beginning of year $423 · end of year $423
-
9 · Prepaid expenses and deferred charges
beginning of year $9,405 · end of year $7,876
-
10a · Land, buildings and equipment: cost or other basis
$819,002
-
10b · Land, buildings and equipment: accumulated depreciation
$406,365
-
10c · Land, buildings and equipment, net
beginning of year $422,194 · end of year $412,637
-
17 · Accounts payable and accrued expenses
beginning of year $18,750 · end of year $7,849
-
27 · Net assets without donor restrictions
beginning of year $783,067 · end of year $668,548
Mission and programs · 2023
Mission
KOREAN CENTER, INC. (KCI) PROVIDES EDUCATIONAL, CULTURAL, AND SOCIAL ACTIVITIES TO THE ELDERLY, CHILDREN, NEW IMMIGRANTS, UNEMPLOYED, AND OTHERS SEEKING SERVICES AND PROGRAMS.
-
OFFICE ON AGING: PROVIDE WELFARE AND EDUCATION FOR ELDERLY PERSONS, UNEMPLOYED ADULTS AND NEWLY IMMIGRATED PERSONS.
Expenses $247,957 · Revenue $213,487
As filed on the 2023 return.
Listed in Part VII
-
Phil KangPHIL KANG
CHAIR
- Total calculated
- $0
- Hours/week
- 3
-
Korina ParkKORINA PARK
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Sarah Kim-LeeSARAH KIM-LEE
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Sylvia LeeSYLVIA LEE
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Anny HongANNY HONG
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Rachel ShayRACHEL SHAY
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Kathy Woeber GardnerKATHY WOEBER GARDNER
SECRETARY
- Total calculated
- $0
- Hours/week
- 3
-
Christy AhnCHRISTY AHN
TREASURER
- Total calculated
- $0
- Hours/week
- 3
-
So-Eun ParkSO-EUN PARK
VICE-CHAIR
- Total calculated
- $0
- Hours/week
- 3
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.
Grants on this return
No itemized grants to organizations on this return.
Related organizations on this return
Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.
-
INTERCULTURAL INSTITUTE OF CALIFORNIA
TO PROVIDE AN INTERCULTURAL STUDY PROGRAM · CA
Provenance
- Return type
- form_990
- Tax year
- 2023
- Filed
- 20 August 2024
- IRS schema version
- 2023v5.1
- Source object
- 202412349349301101
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
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