Mason Korea Llc
- Assets
- $10.7m
- Revenue
- $13.9m
- Investments
- $100.7k
- Employees
- 0
- Location
- Fairfax, VA
- Founding
- 08/2014
- Data as of
- 12/2023
- EIN
- 46-0603585
Organization Overview
Mason Korea Llc is located in Fairfax, VA. The organization was established in 2014. According to its NTEE Classification (B19) the organization is classified as: Support N.E.C., 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. Mason Korea Llc 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, Mason Korea Llc generated $13.9m in total revenue. This organization has experienced exceptional growth, as over the past 9 years, it has increased revenue by an average of 14.1% each year . All expenses for the organization totaled $12.0m during the year ending 12/2023. While expenses have increased by 10.6% per year over the past 9 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
OPERATE A BRANCH CAMPUS OF GEORGE MASON UNIVERSITY IN THE REPUBLIC OF KOREA
Describe the Organization's Program Activity:
Part 3 - Line 4a
EDUCATIONAL SERVICE: RECRUIT AND PROVIDE HIGHER EDUCATION LEARNING TO STUDENTS.
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 |
|---|---|---|---|
Ajay Vinze Board Member | Trustee | 0.1 | $0 |
Mark Ginsberg Board Member | OfficerTrustee | 0.1 | $0 |
Ken Walsh Board Member | OfficerTrustee | 0.1 | $0 |
Alpasan Ozerdem Board Member | Trustee | 0.1 | $0 |
Robert Matz Board Member | OfficerTrustee | 0.1 | $0 |
Shannon Davis Assoc Dean Of Academic Affairs | 40 | $313,415 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $29,372 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $29,372 |
| Total Program Service Revenue | $13,588,991 |
| Investment income | $173,004 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $13,917,472 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $2,080,430 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $1,463,401 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $3,679,998 |
| Pension plan accruals and contributions | $144,403 |
| Other employee benefits | $867,955 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $316,786 |
| Advertising and promotion | $410,246 |
| Office expenses | $340,438 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $160,150 |
| Travel | $15,041 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $35,656 |
| Interest | $0 |
| Payments to affiliates | $1,716,881 |
| Depreciation, depletion, and amortization | $167,295 |
| Insurance | $50,206 |
| All other expenses | $0 |
| Total functional expenses | $11,971,610 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $9,288,888 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $501,503 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $39,429 |
| Net Land, buildings, and equipment | $816,266 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $100,738 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $10,746,824 |
| Accounts payable and accrued expenses | $202,406 |
| Grants payable | $0 |
| Deferred revenue | $138,655 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $192,278 |
| Total liabilities | $533,339 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $1,000 |
| Retained earnings, endowment, accumulated income, or other funds | $10,212,485 |
| Total liabilities and net assets/fund balances | $10,746,824 |