The Korean Language And Cultural Education Institute Incorporated
- Assets
- $54.4k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Hartford, CT
- Founding
- 08/2009
- EIN
- 74-3221430
Organization Overview
The Korean Language And Cultural Education Institute Incorporated is located in Hartford, CT. The organization was established in 2009. According to its NTEE Classification (A70) the organization is classified as: Humanities, under the broad grouping of Arts, Culture & Humanities and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Korean Language And Cultural Education Institute Incorporated 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 undefined, Korean Language And Cultural Education Institute Incorporated generated $66.4k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 7.3% each year. All expenses for the organization totaled $43.9k during the year ending undefined. While expenses have increased by 2.2% per year over the past 6 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
Describe the Organization's Program Activity:
Part 3
KLCEI PROVIDED CLASSES COVERING LANGUAGE, HISTORY, ART, MUSIC AND FOOD IN ITS CURRICULUM THAT CURRENTLY ADDRESS THE NEEDS OF OUR STUDENTS. WE UTILIZE KOREAN BOOKS, TAPES, VIDEOS, INTERNET, ART AND MUSIC AS SOME OF OUR TOOLS. STUDENTS RANGE FROM PRESCHOOL TO ADULTS. THIS FISCAL YEAR WE PARTICIPATED IN THE ART AND LANGUAGE COMPETITION WITH REGIONAL KOREAN SCHOOLS IN THE FALL. THIS COMPETITION ALLOWED STUDENTS TO SHOWCASE THEIR ABILITIES IN KOREAN WRITING AND ART AS WELL AS ALLOW STUDENTS AND PUBLIC TO CELEBRATE THE KOREAN HANGUL DAY (THE DAY THAT THE KOREAN LANGUAGE WAS FOUNDED). WE HELD A NUMBER OF EVENTS FOR STUDENTS, PARENTS AND TEACHERS TO GATHER TOGETHER TO SHOWCASE ABILITIES LEARNED THROUGHOUT THE YEAR AND FOSTER SOCIAL RELATIONSHIP BUILDING THROUGH SUCH THINGS AS CHRISTMAS HOLIDAY, KOREAN NEW YEARS AND FALL FESTIVAL CHUSEOK.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Karen Kim Director | 5 | $2,224 | |
Jennifer Heims Treasurer | 5 | $0 | |
Keumok Heo President | 5 | $0 | |
Jennifer Morenus Vice Pres. Of Communications | 5 | $0 | |
Gilbert Bonafe Director | 5 | $0 | |
Peter Lymm Director | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $27,175 |
| Total Program Service Revenue | $38,640 |
| Membership dues | $0 |
| Investment income | $143 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $459 |
| Total Revenue | $66,417 |
| Statement of Expenses | |
|---|---|
| Total expenses | $43,947 |
| Balance Sheet | |
|---|---|
| Total assets | $54,384 |
| Total liabilities | $567 |
| Net assets or fund balances | $53,817 |
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