Mukunghwa Korean School
- Assets
- $23.2k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Orinda, CA
- Founding
- 08/1999
- Data as of
- 12/2021
- EIN
- 94-3301846
Organization Overview
Mukunghwa Korean School is located in Orinda, CA. The organization was established in 1999. According to its NTEE Classification (A23) the organization is classified as: Cultural & Ethnic Awareness, 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. Mukunghwa 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 12/2021, Mukunghwa Korean School generated $21.8k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 2.9% each year. All expenses for the organization totaled $26.6k during the year ending 12/2021. While expenses have increased by 6.0% 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
2021
Describe the Organization's Program Activity:
Part 3
TEACH KOREAN LANGUAGE AND CULTURE TO KOREAN-AMERICAN RESIDENTS OF THE SAN FRANCISCO BAY AREA.
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Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $14,000 |
| Total Program Service Revenue | $7,780 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $21,780 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $18,948 |
| Professional fees and other payments to independent contractors | $1,240 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $6,391 |
| Total expenses | $26,579 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $23,153 |
| Other assets | $0 |
| Total assets | $23,153 |
| Total liabilities | $0 |
| Net assets or fund balances | $23,153 |
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