David Kang Foundation A Nj Nonprofit Corporation is located in Old Tappan, NJ. The organization was established in 2010. According to its NTEE Classification (T21) the organization is classified as: Corporate Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. David Kang Foundation A NJ Nonprofit Corporation 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, David Kang Foundation A NJ Nonprofit Corporation generated $1.7k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 9 years, the organization has seen revenues fall by an average of (15.8%) each year. All expenses for the organization totaled $630.0 during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (30.1%) per year over the past 9 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
MARYKNOLL SISTERS 10 PINESBRIDGE ROAD OSSINING, NY 10562
ST JUDE CHILDREN'S RESEARCH HOSPITAL PO BOX 50 MEMPHIS, TN 38101-9929
FEEDING AMERICA 161 NORTH CLARK STREET, SUITE 700 CHICAGO, IL 60601
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Yun S Kang President | 6 | $0 | |
Yeui Soon Kang V.P. | 4 | $0 | |
Shin Hak Kang V.P. | 4 | $0 |
Statement of Revenue | |
---|---|
Contributions, Gifts, Grants & Similar | $1,700 |
Interest on Savings | $0 |
Dividends & Interest | $0 |
Net Rental Income | $0 |
Net Gain on Sale of Assets | $0 |
Capital Gain Net Income | $0 |
Net ST Capital Gain | $0 |
Income Modifications | $0 |
Profit on Inventory Sales | $0 |
Other Income | $0 |
Total Revenue | $1,700 |
Statement of Expenses | |
---|---|
Compensation of officers, directors, trustees, etc | $0 |
Other employee salaries and wages | $0 |
Pension plans, employee benefits | $0 |
Interest | $0 |
Taxes | $30 |
Depreciation | $0 |
Occupancy | $0 |
Travel, conferences, and meetings | $0 |
Printing and publications | $0 |
Other expenses | $0 |
Total operating and administrative expenses | $630 |
Contributions, gifts, grants paid | $0 |
Total expenses and disbursements | $630 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $3,687 |
Savings and temporary cash investments | $0 |
Net Accounts receivable | $0 |
Net Pledges Receivable | $0 |
Grants receivable | $0 |
Receivables from Officers, Directors, or Controlling Persons | $0 |
Net other notes and loans receivable | $0 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $0 |
Net Investments - land, buildings, equipment | $0 |
Investments—mortgage loans | $0 |
Investments—other | $0 |
Net Land, buildings, and equipment | $0 |
Other assets | $0 |
Total assets | $3,687 |
Accounts payable and accrued expenses | $0 |
Grants payable | $0 |
Deferred revenue | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Mortgages and other notes payable | $0 |
Other liabilities | $0 |
Total liabilities | $0 |
Over the last fiscal year, David Kang Foundation A Nj Nonprofit Corporation has awarded $3,000 in support to 3 organizations.
Grant Recipient | Amount |
---|---|
MARYKNOLL SISTERS PURPOSE: FINANCIAL SUPPORT | $1,000 |
ST JUDE CHILDREN'S RESEARCH HOSPITAL PURPOSE: FINANCIAL SUPPORT | $1,000 |
FEEDING AMERICA PURPOSE: FINANCIAL SUPPORT | $1,000 |