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Nonprofiteer
← LINK GLOBAL

Form 990 for tax year 2023

Filed by LINK GLOBAL.

Totals

Total revenue
$4,487,447
Total expenses
$5,424,703
Contributions and grants received
$4,456,529
Grants paid
$719,224
Program service revenue
$0
Investment income
$97,964
Other revenue
-$67,046
Total assets, end of year
$3,345,413
Total liabilities, end of year
$389,727
Net assets or fund balances, end of year
$2,955,686
Program services expenses (Part IX)
$4,353,328
Management and general expenses
$541,786
Fundraising expenses
$529,589
Program service expenses (Part III)
$4,353,328

Program services were 80.3% 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.

  • 1c · Fundraising events

    $886,810

  • 1f · All other contributions, gifts and grants

    $3,569,719

  • 1g · Noncash contributions included above

    $310,028

  • 3 · Investment income

    total $107,881 · excluded $107,881

  • 7a · Gross sales of assets other than inventory

    securities $1,301,689 · other assets $3,904

  • 7b · Less cost or other basis and sales expenses

    securities $1,168,591 · other assets $146,919

  • 7c · Gain or loss

    securities $133,098 · other assets -$143,015

  • 7d · Net gain or loss

    total -$9,917 · excluded -$9,917

  • 8a · Fundraising events: gross income

    $9,000

  • 8a · Fundraising events: contributions included on line 1c

    $886,810

  • 8b · Fundraising events: direct expenses

    $134,136

  • 8c · Net income from fundraising events

    total -$125,136 · excluded -$125,136

  • 10a · Gross sales of inventory

    $16,138

  • 10b · Cost of goods sold

    $6,414

  • 10c · Net income from sales of inventory

    total $9,724 · related or exempt $9,724

  • 11a · Other revenue: FISCAL SPONSORSHIP FEES

    total $48,366 · excluded $48,366

  • 11e · Other revenue, total

    $48,366

Functional expenses

Part IX, the statement of functional expenses.

  • 2 · Grants to domestic individuals

    total $125,555 · program services $125,555

  • 3 · Grants to foreign organizations and individuals

    total $593,669 · program services $593,669

  • 5 · Compensation of officers, directors and key employees

    total $482,879 · program services $306,097 · management and general $150,513 · fundraising $26,269

  • 7 · Other salaries and wages

    total $1,854,398 · program services $1,411,550 · management and general $122,755 · fundraising $320,093

  • 8 · Pension plan contributions

    total $73,662 · program services $57,391 · management and general $3,532 · fundraising $12,739

  • 9 · Other employee benefits

    total $196,422 · program services $151,649 · management and general $11,936 · fundraising $32,837

  • 10 · Payroll taxes

    total $127,073 · program services $83,803 · management and general $17,274 · fundraising $25,996

  • 11c · Fees: accounting

    total $26,017 · management and general $26,017

  • 11g · Fees: other

    total $103,925 · program services $80,393 · management and general $14,865 · fundraising $8,667

  • 12 · Advertising and promotion

    total $9,235 · program services $9,235

  • 13 · Office expenses

    total $95,170 · program services $41,567 · management and general $49,100 · fundraising $4,503

  • 16 · Occupancy

    total $137,290 · program services $108,446 · management and general $13,024 · fundraising $15,820

  • 17 · Travel

    total $213,726 · program services $103,368 · management and general $67,495 · fundraising $42,863

  • 22 · Depreciation, depletion and amortization

    total $21,051 · program services $15,792 · management and general $3,640 · fundraising $1,619

  • 23 · Insurance

    total $13,239 · program services $105 · management and general $13,134

  • 24a · Other expenses: FILM PRODUCTION

    total $1,169,681 · program services $1,169,681

  • 24b · Other expenses: DUES AND SUBSCRIPTIONS

    total $71,807 · program services $38,918 · management and general $11,995 · fundraising $20,894

  • 24c · Other expenses: MEALS AND ENTERTAINMENT

    total $65,229 · program services $33,633 · management and general $22,658 · fundraising $8,938

  • 24d · Other expenses: GIFTS AND APPRECIATION

    total $20,863 · program services $8,275 · management and general $9,312 · fundraising $3,276

  • 24e · All other expenses

    total $23,812 · program services $14,201 · management and general $4,536 · fundraising $5,075

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $3,228,657 · end of year $1,224,405

  • 3 · Pledges and grants receivable

    beginning of year $0 · end of year $317,724

  • 4 · Accounts receivable

    beginning of year $712,336 · end of year $0

  • 8 · Inventories for sale or use

    beginning of year $13,933 · end of year $22,745

  • 9 · Prepaid expenses and deferred charges

    beginning of year $17,264 · end of year $23,801

  • 10a · Land, buildings and equipment: cost or other basis

    $166,444

  • 10b · Land, buildings and equipment: accumulated depreciation

    $113,214

  • 10c · Land, buildings and equipment, net

    beginning of year $55,757 · end of year $53,230

  • 11 · Investments: publicly traded securities

    end of year $1,482,569

  • 15 · Other assets

    beginning of year $61,493 · end of year $220,939

  • 17 · Accounts payable and accrued expenses

    beginning of year $63,853 · end of year $182,894

  • 25 · Other liabilities

    beginning of year $132,645 · end of year $206,833

  • 27 · Net assets without donor restrictions

    beginning of year $3,017,342 · end of year $2,869,203

  • 28 · Net assets with donor restrictions

    beginning of year $875,600 · end of year $86,483

Mission and programs · 2023

Mission

LIBERTY IN NORTH KOREA'S MAIN PURPOSE IS TO WORK ALONGSIDE THE NORTH KOREAN PEOPLE TO ACCELERATE CHANGE BY SUPPORTING AND EMPOWERING NORTH KOREAN REFUGEES, AND CHANGING THE WAY THE WORLD SEES NORTH KOREA.

Activities or mission (Part I)

LIBERTY IN NORTH KOREA: THE DAY EVERY MAN, WOMAN & CHILD IN NORTH KOREA CAN LIVE FREE AND FULL LIVES

  • (SEE SCHEDULE O)RESCUE AND RESETTLEMENT SUPPORT: ONCE NORTH KOREANS REACH FREEDOM, A NEW JOURNEY BEGINS. OUR TEAM PROVIDES RESETTLEMENT SUPPORT, COMMUNITY, AND ACCESS TO RESOURCES TO HELP NORTH KOREAN REFUGEES SUCCEED IN THEIR NEW LIVES. HUMANITARIAN PAROLE CASES ARRIVE IN THE U.S. WITHOUT STATUS AND ARE INELIGIBLE FOR THE USUAL REFUGEE RESETTLEMENT BENEFITS FROM THE GOVERNMENT. AS A RESULT, LINK PROVIDED FULL FISCAL SPONSORSHIP AND SUPPORT FOR CASE MANAGEMENT, HOUSING AND FINANCIAL ASSISTANCE, INTERPRETATION AND TRANSLATION SERVICES, AND COORDINATING LEGAL NEEDS TO RECEIVE STATUS. IN 2023, THE ORGANIZATION HELPED TWO NORTH KOREANS ESCAPE AND RESETTLE IN THE UNITED STATES THROUGH HUMANITARIAN PAROLE (MAKING FOR A TOTAL OF FIVE CASES) AND HELPED 29 NORTH KOREANS MAKE IS SAFELY TO FREEDOM. IN THE US, WE PROVIDED SUPPORT TO MORE THAN 30 NORTH KOREANS. IN SOUTH KOREA, WE PROVIDED SUPPORT TO MANY NORTH KOREANS AND ENDED THE YEAR WITH MANY ACCOMPLISHMENTS AND CELEBRATIONS, INCLUDING 9 MARRIAGES AND 2 BABY BIRTHS. FOR MORE INFORMATION ON OUR RESCUE AND RESETTLEMENT SUPPORT PROGRAM ACCOMPLISHMENTS, VISIT HTTPS://LBRTYNK.ORG/AR-2023-RR.

    Expenses $1,159,817 · Grants $719,224

  • (SEE SCHEDULE O)CAPACITY BUILDING: AS NORTH KOREAN REFUGEES RESETTLE AND BEGIN NAVIGATING THEIR NEW LIVES, MANY ASPIRE TO NOT ONLY FIND SUCCESS, BUT ALSO WORK TOWARDS IMPACTING THIS ISSUE. WITH ACCESS TO THE TOOLS THEY NEED, NORTH KOREANS HAVE UNLIMITED POTENTIAL. WE WORK WITH THEM TO BUILD THEIR CAPACITY AND CONFIDENCE AS LEADERS AND AGENTS OF CHANGE. THEY'RE SHARING THEIR PERSPECTIVES AND STORIES WITH AUDIENCES AROUND THE WORLD, CHANGING THE NARRATIVE, EDUCATING PEOPLE, AND MOBILIZING GLOBAL SUPPORT. THEY'RE SENDING MONEY AND INFORMATION BACK TO THEIR FAMILIES IN NORTH KOREA, HELPING TO ACCELERATE CHANGE FROM THE BOTTOM UP. MOST IMPORTANTLY, THEY'RE PROVING THE POTENTIAL OF 25 MILLION PEOPLE INSIDE NORTH KOREA STILL STRIVING TOWARDS FREEDOM AND A BETTER FUTURE. IN 2023, THE ORGANIZATION EMPOWERED 210 NORTH KOREANS THROUGH OUR SCHOLARSHIPS, ENGLISH LANGUAGE, CHANGEMAKERS SCHOLARSHIP, WORKSHOPS, AND PROFESSIONAL MENTORSHIP PROGRAMS. FOR MORE INFORMATION ON OUR CAPACITY BUILDING PROGRAM ACCOMPLISHMENTS, VISIT HTTPS://LBRTYNK.ORG/AR-2023-CB.

    Expenses $860,554

  • (SEE SCHEDULE O)CHANGING THE NARRATIVE ON NORTH KOREA: WHILE DICTATORS AND NUCLEAR MISSILES COMMAND HEADLINES ABOUT NORTH KOREA, THEY ERASE THE REAL HEART OF THE COUNTRY ITS PEOPLE. THIS IS WHAT THE REGIME WANTS, TO CONTROL THE NARRATIVE BOTH DOMESTICALLY AND INTERNATIONALLY. SO, WHEN NORTH KOREAN DEFECTORS SHARE THEIR AUTHENTIC STORIES AND PERSPECTIVES, IT'S A POWERFUL ACT OF DEFIANCE AND A CRUCIAL WAY TO CHANGE PERSPECTIVES ON NORTH KOREA. LINK AMPLIFIES NORTH KOREAN VOICES THROUGH ONLINE MEDIA, DOCUMENTARIES, AND EVENTS, AND EMPOWERS NORTH KOREANS TO TAKE AUTHORSHIP OVER THEIR OWN STORIES. IN 2023, THE ORGANIZATION REACHED OVER 10 MILLION PEOPLE ONLINE, EXECUTIVE PRODUCED AND PROVIDED FISCAL PARTNERSHIP FOR BEYOND UTOPIA, AND CONTINUED TO BE A GO TO RESOURCE FOR INTERNATIONAL MEDIA WITH 79 FEATURES, CITATIONS AND COLLABORATIONS. FOR MORE INFORMATION ON OUR CHANGING THE NARRATIVE PROGRAM ACCOMPLISHMENTS, VISIT HTTPS://LBRTYNK.ORG/AR-2023-CTN.

    Expenses $1,951,178

  • LABS: NORTH KOREAN DEFECTORS CONSISTENTLY SAY THAT INCREASING PEOPLE'S ACCESS TO OUTSIDE INFORMATION IS ONE OF THE MOST EFFECTIVE WAYS TO ACCELERATE CHANGE INSIDE THE COUNTRY. LABS IS OUR SPACE TO COLLABORATE, INNOVATE, AND DEVELOP NEW INITIATIVES TO EMPOWER NORTH KOREAN PEOPLE WITH INFORMATION AND TECHNOLOGY FROM THE OUTSIDE WORLD. MUCH OF THIS WORK MUST REMAIN HIGHLY CONFIDENTIAL TO BE EFFECTIVE, BUT KEY AREAS OF FOCUS WILL INCLUDE COLLABORATING WITH EXTERNAL PARTNERS, INCLUDING RECENT DEFECTORS WHO CAN SHARE FEEDBACK, INSIGHTS, AND INFORMATION ON RECENT CHANGES TO THE INFORMATION LANDSCAPE IN NORTH KOREA; CREATING AND CURATING CONTENT TAILORED FOR NORTH KOREANS IN-COUNTRY; AND DEVELOPING NEW TECHNOLOGIES OR ADAPTING EXISTING ONES FOR USE IN-COUNTRY. IN 2023, WE CO-HOSTED A SUMMIT OF APPROXIMATELY 40 KEY PLAYERS FROM AROUND THE WORLD TO DISCUSS THE LATEST TRENDS IN SPACE. FOR MORE INFORMATION ON OUR LABS PROGRAM ACCOMPLISHMENTS, VISIT HTTPS://LBRTYNK.ORG/AR-2023-LABS.

    Expenses $381,779

As filed on the 2023 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Hannah Song

    CHIEF EXECUTIVE OFFICER

    Total calculated
    $175,731
    From this org
    $151,501
    From related orgs
    $0
    Other
    $24,230
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $151,501
    Bonus
    $0
    Other
    $0
    Deferred
    $8,049
    Nontaxable benefits
    $16,181
    Filer's total
    $175,731
  • Aaron Werner

    CHAIR

    Total calculated
    $0
    Hours/week
    1
  • Jensen Ko

    CHAIR (THRU 11/2023); BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Gloria Lee

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Henry Bedford

    BOARD MEMBER (THRU 11/2023)

    Total calculated
    $0
    Hours/week
    1
  • Justin Wheeler

    BOARD MEMBER (THRU 11/2023)

    Total calculated
    $0
    Hours/week
    1
  • Grace Chung

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • John Park

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Scott Sugino

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Blaine Vess

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Joseph Kim

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Wonnie Park

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • John Mooney

    CHIEF FINANCIAL OFFICER

    Total calculated
    $170,311
    From this org
    $148,265
    From related orgs
    $0
    Other
    $22,046
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $148,265
    Bonus
    $0
    Other
    $0
    Deferred
    $6,424
    Nontaxable benefits
    $15,622
    Filer's total
    $170,311
  • Angeline Kim

    SECRETARY

    Total calculated
    $136,838
    From this org
    $113,333
    From related orgs
    $0
    Other
    $23,505
    Hours/week
    40

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. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

  • 3 · Compensation committee
  • 3 · Compensation survey or study
  • 3 · Approval by the board or compensation committee

Answered no

  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan
  • 4c · Equity-based compensation arrangement
  • 5a · Pay contingent on this organization's revenues
  • 5b · Pay contingent on a related organization's revenues
  • 6a · Pay contingent on this organization's net earnings
  • 6b · Pay contingent on a related organization's net earnings
  • 7 · Other non-fixed payments
  • 8 · Paid under the initial-contract exception

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

No itemized grants to organizations on this return.

Provenance

Return type
form_990
Tax year
2023
Filed
6 November 2024
IRS schema version
2023v5.1
Source object
202443129349303574

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