Korean Transportation Association In America is located in Bethesda, MD. The organization was established in 2005. According to its NTEE Classification (O03) the organization is classified as: Professional Societies & Associations, under the broad grouping of Youth Development and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Korean Transportation Association In America 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 12/2022, Korean Transportation Association In America generated $9.5k in total revenue. This represents relatively stable growth, over the past 3 years the organization has increased revenue by an average of 8.7% each year. All expenses for the organization totaled $7.9k during the year ending 12/2022. While expenses have increased by 0.6% per year over the past 3 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
2022
Describe the Organization's Program Activity:
Part 3
PROVIDES GRANTS AND AWARDS FOR SCHOLARLY RESEARCH INTRANSPORTATION INDUSTRY
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Dr Boo Hyun Nam President | 1 | $0 | |
Dr Sung-Hee Sonny Kim Vice President | 1 | $0 | |
Dr Hyoshin Park Auditor | 1 | $0 | |
Dr Kyungsoo Jeong Auditor | 1 | $0 | |
Dr Kate Hyun Vice President | 1 | $0 | |
Younghun Bahk General Secretary | 1 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $8,454 |
Total Program Service Revenue | $0 |
Membership dues | $795 |
Investment income | $114 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $113 |
Total Revenue | $9,476 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $0 |
Professional fees and other payments to independent contractors | $0 |
Occupancy, rent, utilities, and maintenance | $0 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $7,924 |
Total expenses | $7,924 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $0 |
Other assets | $0 |
Total assets | $0 |
Total liabilities | $0 |
Net assets or fund balances | $86,941 |
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