Dayton Area Korean Association
- Assets
- $163.1k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Lebanon, OH
- Founding
- 10/1993
- Data as of
- 12/2021
- EIN
- 23-7383249
Organization Overview
Dayton Area Korean Association is located in Lebanon, OH. The organization was established in 1993. According to its NTEE Classification (A23) the organization is classified as: Cultural & Ethnic Awareness, under the broad grouping of Arts, Culture & Humanities and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Dayton Area Korean Association 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 12/2021, Dayton Area Korean Association generated $16.9k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (14.8%) each year. All expenses for the organization totaled $12.6k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (14.8%) per year over the past 7 years. 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
2021
Describe the Organization's Program Activity:
Part 3
1. SUPPORTED STRENGTHEN AREA SENIOR CITIZEN GROUP 2. PRODUCED AREA BUSINESS INDOVIDUAL ADDRESS BOOK
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Sunkwi Stewart Trustee | 0 | $0 | |
Hyungsook Lee Treasurer | 0 | $0 | |
Inyoung Kim Secretary | 0 | $0 | |
Kunil Chris Trustee | 0 | $0 | |
Younghyun Jang Trustee | 0 | $0 | |
Sanghyun Son Trustee | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $10,188 |
| Total Program Service Revenue | $4,600 |
| Membership dues | $2,100 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $16,888 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $400 |
| Occupancy, rent, utilities, and maintenance | $3,796 |
| Printing, publications, postage, and shipping | $2,594 |
| Other expenses | $5,795 |
| Total expenses | $12,585 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $17,648 |
| Other assets | $0 |
| Total assets | $163,123 |
| Total liabilities | $0 |
| Net assets or fund balances | $163,123 |
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