Totals
- Total revenue
- $271,504
- Total expenses
- $193,939
- Contributions and grants received
- $266,524
- Grants paid
- $6,550
- Program service revenue
- $0
- Investment income
- $4,972
- Other revenue
- $8
- Total assets, end of year
- $190,595
- Total liabilities, end of year
- $34,229
- Net assets or fund balances, end of year
- $156,366
- Program services expenses (Part IX)
- $147,376
- Management and general expenses
- $37,650
- Fundraising expenses
- $8,913
- Program service expenses (Part III)
- $147,376
Program services were 76.0% 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.
-
1f · All other contributions, gifts and grants
$266,524
-
3 · Investment income
total $4,972 · unrelated business $0 · excluded $0
-
11a · Other revenue: Miscellaneous
total $8 · related or exempt $8 · unrelated business $0 · excluded $0
-
11e · Other revenue, total
$8
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $6,550 · program services $6,550
-
5 · Compensation of officers, directors and key employees
total $105,305 · program services $85,287 · management and general $12,417 · fundraising $7,601
-
7 · Other salaries and wages
total $2,665 · program services $2,665 · management and general $0 · fundraising $0
-
9 · Other employee benefits
total $16,188 · program services $16,188 · management and general $0 · fundraising $0
-
10 · Payroll taxes
total $7,486 · program services $5,955 · management and general $950 · fundraising $581
-
11b · Fees: legal
total $200 · program services $0 · management and general $200 · fundraising $0
-
11c · Fees: accounting
total $18,225 · program services $0 · management and general $18,225 · fundraising $0
-
13 · Office expenses
total $1,407 · program services $1,357 · management and general $50 · fundraising $0
-
17 · Travel
total $21,763 · program services $21,763 · management and general $0 · fundraising $0
-
22 · Depreciation, depletion and amortization
total $833 · program services $833 · management and general $0 · fundraising $0
-
23 · Insurance
total $3,710 · program services $0 · management and general $3,710 · fundraising $0
-
24a · Other expenses: Advertising
total $56 · program services $56 · management and general $0 · fundraising $0
-
24b · Other expenses: Auto mileage
total $172 · program services $172 · management and general $0 · fundraising $0
-
24c · Other expenses: Bank charges
total $288 · program services $82 · management and general $205 · fundraising $1
-
24d · Other expenses: Books
total $135 · program services $135 · management and general $0 · fundraising $0
-
24e · All other expenses
total $8,956 · program services $6,333 · management and general $1,893 · fundraising $730
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $67,270 · end of year $25,062
-
2 · Savings and temporary cash investments
beginning of year $45,192 · end of year $159,701
-
9 · Prepaid expenses and deferred charges
beginning of year $93 · end of year $2,001
-
10a · Land, buildings and equipment: cost or other basis
$7,132
-
10b · Land, buildings and equipment: accumulated depreciation
$3,301
-
10c · Land, buildings and equipment, net
beginning of year $3,260 · end of year $3,831
-
17 · Accounts payable and accrued expenses
beginning of year $36,604 · end of year $34,229
-
27 · Net assets without donor restrictions
beginning of year $74,578 · end of year $149,679
-
28 · Net assets with donor restrictions
beginning of year $4,633 · end of year $6,687
Mission and programs · 2024
Mission
Grow a relational network of individuals and organizations around the mission of serving the Korean people, world wide.
Activities or mission (Part I)
Grow a relational network of individuals an organizations around the mission of serving the Korean people, world wide.
-
Promoted learning, fostered relationship, for the purpose of catalyzing, growing and expanding projects benefiting the Korean people
Expenses $147,376 · Grants $6,550
As filed on the 2024 return.
Listed in Part VII
-
D Seipp
Executive Director
- Total calculated
- $90,305
- From this org
- $90,305
- From related orgs
- $0
- Other
- $0
- Hours/week
- 40
-
JKwon
Director/Chairman
- Total calculated
- $0
- Hours/week
- 1
-
T Schneller
Director/Vice Chairman
- Total calculated
- $0
- Hours/week
- 1
-
M Gilliam
Director/Secretary
- Total calculated
- $0
- Hours/week
- 1
-
T Childress
Director/Treasurer
- Total calculated
- $0
- Hours/week
- 1
-
G Russell
Director
- Total calculated
- $0
- Hours/week
- 1
-
P Lee
Director
- Total calculated
- $0
- Hours/week
- 1
-
B Beasley
Director
- Total calculated
- $0
- Hours/week
- 1
-
A Lim
Director
- 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.
Grants on this return
No itemized grants to organizations on this return.
Provenance
- Return type
- form_990
- Tax year
- 2024
- Filed
- 31 March 2025
- IRS schema version
- 2024v5.1
- Source object
- 202541339349303199
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
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