United Korea Foundation
- Assets
- $219.4k
- Revenue
- $2.0k
- Investments
- $0.0
- Employees
- 0
- Location
- Fullerton, CA
- Founding
- 12/1977
- Data as of
- 12/2023
- EIN
- 95-3090600
Organization Overview
United Korea Foundation is located in Fullerton, CA. The organization was established in 1977. According to its NTEE Classification (W30) the organization is classified as: Military & Veterans Organizations, under the broad grouping of Public & Societal Benefit and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. United Korea Foundation 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 12/2023, United Korea Foundation generated $2.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (54.3%) each year. All expenses for the organization totaled $25.8k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Hyung Joon Kim President | 0 | $0 | |
Lydia Y Kim Secretary | 0 | $0 | |
Hyung D Kim Treasurer | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $2,000 |
| Interest on Savings | $0 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $2,000 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $25 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $9,500 |
| Printing and publications | $0 |
| Other expenses | $23 |
| Total operating and administrative expenses | $10,198 |
| Contributions, gifts, grants paid | $15,600 |
| Total expenses and disbursements | $25,798 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $219,391 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $219,391 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, United Korea Foundation has awarded $15,600 in support to 10 organizations.
| Grant Recipient | Amount |
|---|---|
CHAN LEE PURPOSE: SCHOLARSHIP | $1,000 |
AVERY HWANG PURPOSE: SCHOLARSHIP | $2,000 |
ELLIOT KO PURPOSE: SCHOLARSHIP | $1,500 |
SARA CHO PURPOSE: SCHOLARSHIP | $1,500 |
JOYCE PARK PURPOSE: SCHOLARSHIP | $1,500 |
DEBORA ROBBINS PURPOSE: SCHOLARASHIP | $2,000 |