The Montgomery Korean School
- Assets
- $63.6k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Montgomery, AL
- Founding
- 02/2009
- Data as of
- 12/2019
- EIN
- 26-3739797
Organization Overview
The Montgomery Korean School is located in Montgomery, AL. The organization was established in 2009. According to its NTEE Classification (P84) the organization is classified as: Ethnic & Immigrant Centers, under the broad grouping of Human Services and related organizations. Montgomery Korean School 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 12/2019, Montgomery Korean School generated $65.0k in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 9.9% each year. All expenses for the organization totaled $69.2k during the year ending 12/2019. While expenses have increased by 12.8% per year over the past 5 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
2019
Describe the Organization's Program Activity:
Part 3
THE MONTGOMERY KOREAN SCHOOL IS TO TEACH YOUNG STUDENTS THE KOREAN LANGUAGE INCLUDING SPEAKING AND WRITING AS WELL AS KNOWLEDGE OF KOREAN TRADITION. PRIMARY DEMOGRAPHIC INCLUDES CHILDREN OF PARENTS FROM OVERSEAS DUE TO JOB ASSINGMENTS IN THE UNITED STATES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Hyoun Kyoung Joung Treasurer | 4 | $0 | |
Mi Hwa Kim Secretary | 4 | $0 | |
Gyoung Hee Kim Principal | 4 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $24,649 |
| Total Program Service Revenue | $40,350 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $64,999 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $33,943 |
| Professional fees and other payments to independent contractors | $3,163 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $32,109 |
| Total expenses | $69,215 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $63,575 |
| Other assets | $0 |
| Total assets | $63,575 |
| Total liabilities | $0 |
| Net assets or fund balances | $63,575 |
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