Korean Food Global Association is located in Los Angeles, CA. The organization was established in 2016. According to its NTEE Classification (K03) the organization is classified as: Professional Societies & Associations, under the broad grouping of Food, Agriculture & Nutrition and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Korean Food Global 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 12/2022, Korean Food Global Association generated $130.0k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 6.8% each year. All expenses for the organization totaled $122.9k during the year ending 12/2022. While expenses have increased by 10.3% per year over the past 7 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
EDUCATE PEOPLE ABOUT KOREAN FOOD
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $130,008 |
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 | $130,008 |
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 | $370 |
Occupancy, rent, utilities, and maintenance | $3,573 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $118,911 |
Total expenses | $122,854 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $10,988 |
Other assets | $0 |
Total assets | $10,988 |
Total liabilities | $0 |
Net assets or fund balances | $10,988 |