Korean-American Association Of Tacoma
- Assets
- $357.3k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Tacoma, WA
- Founding
- 03/1994
- Data as of
- 12/2021
- EIN
- 94-3195007
Organization Overview
Korean-American Association Of Tacoma is located in Tacoma, WA. The organization was established in 1994. According to its NTEE Classification (Q99) the organization is classified as: International, Foreign Affairs & National Security N.E.C., 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. Korean-American Association Of Tacoma 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 12/2021, Korean-American Association Of Tacoma generated $156.9k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 9.4% each year. All expenses for the organization totaled $101.9k during the year ending 12/2021. While expenses have increased by 4.2% 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.
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Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $61,718 |
| Total Program Service Revenue | $0 |
| Membership dues | $7,250 |
| Investment income | $16,933 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $71,026 |
| Total Revenue | $156,927 |
| 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 | $761 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $101,105 |
| Total expenses | $101,866 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $47,082 |
| Other assets | $0 |
| Total assets | $357,255 |
| Total liabilities | $40,036 |
| Net assets or fund balances | $317,219 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Korean-American Association Of Tacoma has recieved totaling $9,782.
| Awarding Organization | Amount |
|---|---|
Paypal Charitable Giving Fund Washington, DC PURPOSE: General Support | $9,782 |
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