Psalt Nk is located in Englewood Cliffs, NJ. The organization was established in 2007. According to its NTEE Classification (B20) the organization is classified as: Elementary & Secondary Schools, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Psalt Nk 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 12/2023, Psalt Nk generated $94.5k in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 11.7% each year . All expenses for the organization totaled $116.1k during the year ending 12/2023. While expenses have increased by 10.2% per year over the past 8 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
2023
Describe the Organization's Program Activity:
Part 3
EXODUS THIS FUND IS FOR RESCUING NORTH KOREAN REFUGEES. WE USE THIS MONEY DIRECTLY FOR ALL THE NECESSARY FEES TO HELP REFUGEES ESCAPE INTO A SAFE PLACE.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Michelle Kim Charter Trustee | 35 | $22,606 | |
Jacob Kim Treasurer | 12 | $0 | |
Jinah Kim Director | 1 | $0 | |
Catherine Kim Director | 2 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $93,801 |
Total Program Service Revenue | $0 |
Membership dues | $0 |
Investment income | $0 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $692 |
Total Revenue | $94,493 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $16,000 |
Salaries, other compensation, and employee benefits | $32,054 |
Professional fees and other payments to independent contractors | $2,066 |
Occupancy, rent, utilities, and maintenance | $2,022 |
Printing, publications, postage, and shipping | $1,935 |
Other expenses | $62,031 |
Total expenses | $116,108 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $108,483 |
Other assets | $0 |
Total assets | $108,483 |
Total liabilities | $0 |
Net assets or fund balances | $108,483 |