Korea University Alumni Association Of Southern California
- Assets
- $63.4k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Los Angeles, CA
- Founding
- 11/2009
- Data as of
- 12/2019
- EIN
- 26-4343725
Organization Overview
Korea University Alumni Association Of Southern California is located in Los Angeles, CA. The organization was established in 2009. According to its NTEE Classification (B82) the organization is classified as: Scholarships & Student Financial Aid, 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. Korea University Alumni Association Of Southern California 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, Korea University Alumni Association Of Southern California generated $112.6k in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 18.6% each year . All expenses for the organization totaled $114.2k during the year ending 12/2019. While expenses have increased by 26.1% per year over the past 4 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
TO PROMOTE AND ADVANCE EDUCATIONAL ACTIVITIES FOR MEMBERS OF KOREA UNIVERSITY ALUMNI RESIDING IN SOUTHERN CALIFORNIA AND THEIR FAMILYIN ORDER TO BRING SOCIAL BENEFITS TO THE COMMUNITY AT LARGE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Paul Y Kim CEO | 2 | $0 | |
Lawrence Jeon Secretary | 2 | $0 | |
Hyungsik Yun CFO | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $60,795 |
| Total Program Service Revenue | $0 |
| Membership dues | $19,920 |
| Investment income | $288 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $31,563 |
| Total Revenue | $112,566 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $5,500 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $7,920 |
| Occupancy, rent, utilities, and maintenance | $2,148 |
| Printing, publications, postage, and shipping | $3,186 |
| Other expenses | $77,414 |
| Total expenses | $114,168 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $63,434 |
| Other assets | $0 |
| Total assets | $63,434 |
| Total liabilities | $0 |
| Net assets or fund balances | $63,434 |