Won Institute Of Graduate Studies

Organization Overview

Won Institute Of Graduate Studies is located in Warminster, PA. The organization was established in 2002. According to its NTEE Classification (B50) the organization is classified as: Graduate & Professional Schools, under the broad grouping of Education and related organizations. As of 06/2022, Won Institute Of Graduate Studies employed 77 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Won Institute Of Graduate Studies 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 06/2022, Won Institute Of Graduate Studies generated $5.3m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 16.1% each year . All expenses for the organization totaled $2.5m during the year ending 06/2022. While expenses have increased by 6.2% per year over the past 7 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

THE INSTITUTE IS DULY REGISTERED AS A NON-PROFIT CORPORATION IN THE COMMONWEALTH OF PENNSYLVANIA AND LEGALLY AUTHORIZED BY THE PENNSYLVANIA DEPARTMENT OF EDUCATION TO OFFER GRADUATE EDUCATION PROGRAMS LEADING TO MASTER OF WON BUDDHIST STUDIES, DOCTOR OF ACUPUNCTURE STUDIES, MASTER OF ACUPUNCTURE STUDIES, AND A CERTIFICATE IN CHINESE HERBAL MEDICINE.

Describe the Organization's Program Activity:

Part 3 - Line 4a

THE WON INSTITUTE IS A SPECIALIZED GRADUATE SCHOOL FOCUSING ON THE PROFESSIONAL AND PERSONAL DEVELOPMENT OF ITS STUDENTS. IT OFFERS TWO MASTER DEGREES: WON BUDDHIST STUDIES, DOCTOR OF ACUPUNCTURE STUDIES, ACUPUNCTURE STUDIES, AND A CERTIFICATE PROGRAM IN CHINESE HERBAL MEDICINE. IT OFFERS CONTINUING EDUCATION STUDIES AND PROVIDES HEALTH AND MEDITATION SERVICES TO THE COMMUNITY THROUGH ACUPUNCTURE CLINICS, SUCH AS IT'S VETERANS CLINIC AND ON-SITE MEDITATION. IT IS REGIONALLY ACCREDITED THROUGH MIDDLE STATES COMMISSION ON HIGHER EDUCATION AND PROGRAMMATICALLY ACCREDITED THROUGH THE ACCREDITATION COMMISSION FOR ACUPUNCTURE AND ORIENTAL MEDICINE.


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Board, Officers & Key Employees

Name (title)Compensation
Bokin Kim PHD
President
$20,917
Sook Ja Choi MD
Board Chair
$0
Heejin Kim PHD
Board Secret
$0
Bok Hyae Koh Ba
Trustee
$0
Myungki Cha PHD Ld
Trustee
$0
Rev Kim Bokhee
Trustee
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $260,495
All other contributions, gifts, grants, and similar amounts not included above$3,514,713
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$3,775,208
Total Program Service Revenue$1,808,003
Investment income $135,290
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales -$436,649
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $5,281,852

Grants Recieved

Over the last fiscal year, we have identified 1 grants that Won Institute Of Graduate Studies has recieved totaling $40,000.

Awarding OrganizationAmount
American Endowment Foundation

Hudson, OH

PURPOSE: EDUCATIONAL

$40,000
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$2,930,048
Earnings-$420,169
Admin Expense$21,485
Other Expense$51,843
Grants$28,169
Ending Balance$2,408,382

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