Totals
- Total revenue
- $774,638
- Total expenses
- $747,469
- Contributions and grants received
- $733,671
- Grants paid
- $0
- Program service revenue
- $24,720
- Investment income
- $6,431
- Other revenue
- $9,816
- Total assets, end of year
- $827,421
- Total liabilities, end of year
- $320,545
- Net assets or fund balances, end of year
- $506,876
- Program services expenses (Part IX)
- $478,375
- Management and general expenses
- $59,832
- Fundraising expenses
- $209,262
- Program service expenses (Part III)
- $478,375
Program services were 64.0% 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.
-
1a · Federated campaigns
$353,238
-
1b · Membership dues
$53,044
-
1c · Fundraising events
$72,773
-
1e · Government grants (contributions)
$254,616
-
2a · Program service revenue: PROGRAM SERVICES
total $24,720 · unrelated business $0 · excluded $0
-
3 · Investment income
total $6,431 · unrelated business $0 · excluded $0
-
8a · Fundraising events: contributions included on line 1c
$72,773
-
11a · Other revenue: UNREALIZED GAIN
total $9,816 · related or exempt $9,816 · unrelated business $0 · excluded $0
-
11e · Other revenue, total
$9,816
Functional expenses
Part IX, the statement of functional expenses.
-
5 · Compensation of officers, directors and key employees
total $153,242 · program services $122,594 · management and general $12,259 · fundraising $18,389
-
7 · Other salaries and wages
total $251,297 · program services $201,037 · management and general $20,104 · fundraising $30,156
-
10 · Payroll taxes
total $31,456 · program services $25,165 · management and general $2,516 · fundraising $3,775
-
11c · Fees: accounting
total $7,076 · program services $0 · management and general $7,076 · fundraising $0
-
12 · Advertising and promotion
total $2,250 · program services $1,800 · management and general $180 · fundraising $270
-
13 · Office expenses
total $3,713 · program services $3,617 · management and general $39 · fundraising $57
-
14 · Information technology
total $21,002 · program services $16,802 · management and general $1,680 · fundraising $2,520
-
16 · Occupancy
total $26,182 · program services $20,945 · management and general $2,095 · fundraising $3,142
-
17 · Travel
total $6,943 · program services $5,555 · management and general $555 · fundraising $833
-
19 · Conferences, conventions and meetings
total $142,858 · program services $783 · management and general $78 · fundraising $141,997
-
20 · Interest
total $7,836 · program services $0 · management and general $7,836 · fundraising $0
-
23 · Insurance
total $3,901 · program services $3,121 · management and general $312 · fundraising $468
-
24e · All other expenses
total $89,713 · program services $76,956 · management and general $5,102 · fundraising $7,655
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $611,748 · end of year $333,957
-
2 · Savings and temporary cash investments
beginning of year $2,500 · end of year $406,350
-
3 · Pledges and grants receivable
beginning of year $37,661 · end of year $27,225
-
11 · Investments: publicly traded securities
end of year $48,047
-
15 · Other assets
beginning of year $38,069 · end of year $11,842
-
17 · Accounts payable and accrued expenses
beginning of year $44,393 · end of year $28,667
-
19 · Deferred revenue
end of year $138,978
-
24 · Unsecured notes and loans payable
beginning of year $152,900 · end of year $152,900
-
25 · Other liabilities
beginning of year $12,978
-
27 · Net assets without donor restrictions
beginning of year $316,780 · end of year $506,876
-
28 · Net assets with donor restrictions
beginning of year $162,927
Mission and programs · 2023
Mission
To facilitate the Korean American communitys participation in civic, legislative and community affairs, encouraging the community to contribute to and become an integral par of the broader soceity.
-
EMPOWERMENT
Expenses $106,847
-
SPECIAL PROJECTS - COMMUNITY OUTREACH, STOP THE HATE PROGRAM, ADR PROGRAM
Expenses $308,221
-
CIVIC ENGAGEMENT, CENSUS, VOTER REGISTRATION
Expenses $63,307
As filed on the 2023 return.
Listed in Part VII
-
Eunice SongEUNICE SONG
EXECUTIVE/ADR DIRECTOR
- Total calculated
- $153,243
- From this org
- $153,243
- From related orgs
- $0
- Other
- $0
- Hours/week
- 1
Schedule J breakdown matched by us
- Base
- $153,243
- Bonus
- $0
- Other
- $0
- Deferred
- $0
- Nontaxable benefits
- $0
- Filer's total
- $153,243
-
Robert J KangROBERT J KANG
BOARD VICE CHAIR
- Total calculated
- $0
- Hours/week
- 1
-
Albert J JangALBERT J JANG
TREASURER
- Total calculated
- $0
- Hours/week
- 1
-
Susie OhSUSIE OH
BOARD CHAIR
- Total calculated
- $0
- Hours/week
- 1
-
Garrett LeeGARRETT LEE
SECRETARY
- Total calculated
- $0
- Hours/week
- 1
-
Robert L AhnROBERT L AHN
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Zeno HoZENO HO
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Vivian HuangVIVIAN HUANG
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Joyce KwonJOYCE KWON
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Theo KwonTHEO KWON
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Joone Kim-LopezJOONE KIM-LOPEZ
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Aaron PyonAARON PYON
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
James Santa MariaJAMES SANTA MARIA
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Tim YuTIM YU
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
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
None.
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
- 15 November 2024
- IRS schema version
- 2023v5.1
- Source object
- 202403209349325385
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