Sejong Korean School is located in Palisades Park, NJ. The organization was established in 2019. According to its NTEE Classification (Q20) the organization is classified as: Promotion of International Understanding, under the broad grouping of International, Foreign Affairs & National Security and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Sejong Korean School 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, Sejong Korean School generated $57.4k in total revenue. This represents relatively stable growth, over the past 2 years the organization has increased revenue by an average of 0.7% each year. All expenses for the organization totaled $48.1k during the year ending 12/2022. While expenses have increased by 0.9% per year over the past 2 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
TEACH CHILDREN ABOUT KOREAN TRADITIONS, CULTURE, AND LANGUAGE
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Joshua Park President | 0 | $0 | |
Judy Chang Vice President | 0 | $0 | |
Ki Sun Ryu Director Treasurer | 8 | $10,745 | |
Sally Ko Key Employee | 6 | $6,950 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $21,400 |
Total Program Service Revenue | $36,006 |
Membership dues | $0 |
Investment income | $0 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $57,406 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $37,242 |
Professional fees and other payments to independent contractors | $1,685 |
Occupancy, rent, utilities, and maintenance | $0 |
Printing, publications, postage, and shipping | $2,550 |
Other expenses | $6,641 |
Total expenses | $48,118 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $11,476 |
Other assets | $0 |
Total assets | $11,476 |
Total liabilities | $0 |
Net assets or fund balances | $11,476 |