Rotary Club Of Koreatown
- Assets
- $54.1k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Los Angeles, CA
- Founding
- 04/2008
- Data as of
- 12/2022
- EIN
- 56-2633126
Organization Overview
Rotary Club Of Koreatown is located in Los Angeles, CA. The organization was established in 2008. According to its NTEE Classification (S40) the organization is classified as: Business & Industry, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Rotary Club Of Koreatown is a 501(c)(4) and as such, is described as a "Civic League, Social Welfare Organization, and Local Association of Employees" by the IRS.
For the year ending 12/2022, Rotary Club Of Koreatown generated $54.7k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (2.5%) each year. All expenses for the organization totaled $110.4k during the year ending 12/2022. 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
TO ADVANCE INTERNATIONAL UNDERSTANDING, GOODWILL, AND PEACE THROUGH EDUCATION AND CULTURAL EXCHANGES BY AND AMONG ITS' MEMBERS IN CONCERT WITH A WORLD FELLOWSHIP OF BUSINESS AND PROFESSIONAL PERSONS UNITED IN GOALS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Soh Yun Park President | 0 | $0 | |
Joon Baek Secretary | 0 | $0 | |
Si Kwon Roh CFO | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $54,686 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $54,686 |
| 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 | $1,000 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $28,963 |
| Total expenses | $110,419 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $54,072 |
| Other assets | $0 |
| Total assets | $54,072 |
| Total liabilities | $0 |
| Net assets or fund balances | $54,072 |