The Korea-America Finance Association
- Assets
- $326.9k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Paoli, PA
- Founding
- 05/2016
- Data as of
- 12/2021
- EIN
- 34-1698936
Organization Overview
The Korea-America Finance Association is located in Paoli, PA. The organization was established in 2016. According to its NTEE Classification (P20) the organization is classified as: Human Service Organizations, under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Korea-America Finance 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, Korea-America Finance Association generated $32.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (20.0%) each year. All expenses for the organization totaled $12.5k during the year ending 12/2021. 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
THE ANNUAL CONFERENCE OF FINANCIAL MANAGEMENT ASSOCIATION FMA ON FRIDAY OCTOBER 12TH IN SAN DIEGO, CA
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Young Sang Kim President | 0 | $0 | |
Won Yong Kim Secreatry General | 0 | $0 | |
Taek-Yul Kim Treasurer | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $31,400 |
| Total Program Service Revenue | $0 |
| Membership dues | $600 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $32,000 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $200 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $1,024 |
| Occupancy, rent, utilities, and maintenance | $54 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $4,285 |
| Total expenses | $12,463 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $326,941 |
| Other assets | $0 |
| Total assets | $326,941 |
| Total liabilities | $0 |
| Net assets or fund balances | $326,941 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Highland County Community Action Organization Hillsboro, OH | $8,566,357 | $9,816,466 |
Montgomery County Community Action Development Commission Norristown, PA | $3,474,447 | $9,701,447 |
Unique Life Inc Bronx, NY | $6,794,767 | $10,711,287 |
Harford Community Action Agency Inc Edgewood, MD | $1,673,036 | $9,657,215 |
Community Action Commission Of Erie Huron & Richland Counties Inc Sandusky, OH | $1,848,122 | $9,418,648 |
Liberty Lutheran Services Ambler, PA | $87,780,400 | $9,720,613 |
Albany County Opportunity Incorporated Albany, NY | $9,044,384 | $9,921,411 |
Ohio Partners For Afforable Energy Findlay, OH | $9,545,597 | $9,033,795 |
Community Action Partnership Of Mercer County Sharon, PA | $4,458,318 | $9,067,066 |
Doctors Of The World-Usa Inc New York, NY | $5,138,998 | $8,908,023 |
United Food And Commercial Workers International Union Oriskany, NY | $2,992,541 | $8,981,591 |
Ross County Community Action Commission Inc Chillicothe, OH | $2,353,377 | $8,335,614 |