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Korean American Youth Foundation

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 237292240 ✦ Los angeles, CA ✦ Designated as a 501(c)(3)

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Overview

What is Korean American Youth Foundation?

The Korean American Youth Foundation, abbreviated as KAYF, is a nonprofit organization situated in Los Angeles, California. Its primary mission is to offer young individuals with Korean ancestry a platform to cultivate qualities such as leadership, social responsibility, and camaraderie. This nurturing environment serves to foster an understanding and appreciation of their cultural heritage. The organization's activities are geared towards providing opportunities that encourage personal growth and development.


Official website here: www.campconifer.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 76%, Three-Star out of Four Star rating.

The Korean American Youth Foundation has received a Three-Star rating, indicating a moderate level of accountability and financial health. The overall score is based entirely on their financial practices, with strengths noted in their independent board structure and lack of asset diversion. The organization has achieved a perfect score for having an entirely independent board and maintaining a favorable liabilities to assets ratio.

However, there are notable weaknesses in their accountability practices, particularly the absence of key policies such as conflict of interest, whistleblower, and document retention policies. Additionally, their tax form is not posted on their website, which detracts from their overall transparency. Although they have a high program expense ratio, indicating that a significant portion of their funds goes directly to programming, these governance issues could impact stakeholder trust and financial support in the long run.


This AI summary has been generated from information found on Charity Navigator.

Is Korean American Youth Foundation legitimate?

Korean American Youth Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Korean American Youth Foundation submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.campconifer.org

What is the mission statement of Korean American Youth Foundation?

The Korean American Youth Foundation (KAYF) aims to offer opportunities for youth of Korean ancestry to cultivate leadership skills, social responsibility, and friendships. This is accomplished in an environment that encourages an understanding and appreciation of their cultural heritage. The foundation's mission is to foster personal growth and cultural awareness among these young individuals. They provide various programs and activities that promote leadership development, social responsibility, and friendship, all while nurturing a strong connection to their cultural heritage.


Official website here: www.campconifer.org

Who is the CEO of Korean American Youth Foundation?

Carol Jun is the President of Korean American Youth Foundation.


Official website here: www.campconifer.org

What is the revenue of Korean American Youth Foundation?

Korean American Youth Foundation's revenue in 2022 was $49,993.


Official website here: www.campconifer.org

Who are the executives of Korean American Youth Foundation and what are their salaries?

There 22 volunteers at Korean American Youth Foundation.


Here are 8 key members and their salaries:


Shenne Hahn (Legal Mgr)
  • Compensation: $0
  • Related: $0
  • Other: $0
Camy Jun (Executive Di)
  • Compensation: $0
  • Related: $0
  • Other: $0
Carol Jun (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Forrest Kim (Senior Direc)
  • Compensation: $0
  • Related: $0
  • Other: $0
Leslie Kim (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michelle Kim (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sophia Kim (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Karen Park (Advertising)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.campconifer.org

Where can I find the form 990 for Korean American Youth Foundation?

Korean American Youth Foundation's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.campconifer.org

Learn more at the official website: www.campconifer.org

Mission Statement of Korean American Youth Foundation

The Korean American Youth Foundation, commonly referred to as KAYF, is dedicated to offering prospects for young individuals of Korean heritage to cultivate qualities such as leadership, social responsibility, and camaraderie. This is accomplished in an environment that encourages an understanding and appreciation of their cultural heritage. By providing these opportunities, KAYF aims to foster personal growth and development in these young individuals, enabling them to become active members of their communities and society at large. The foundation's mission is to create a supportive environment where young Korean Americans can connect with their cultural roots while developing essential life skills.

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Impact




August, 2024

The Korean American Youth Foundation empowers youth of Korean ancestry to cultivate leadership skills, social responsibility, and friendships in a culturally rich environment. Through its programs, the foundation nurtures awareness and appreciation of their heritage, fostering a sense of pride and connection to their roots. This impact not only helps individuals grow personally and professionally but also strengthens the Korean American community as a whole by fostering future leaders who are deeply rooted in their cultural identity.




This information is meant to be a general summary of Korean American Youth Foundation. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$49,993 (2022)
Expenses
$65,914 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $33
  • Program Service Revenue: $49,960
  • Gross Receipts: $49,993

Assets and Liabilities:

  • Total Assets: $219,716
  • Total Liabilities: $0
  • Net Assets: $219,716

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

ANNUAL YOUTH CAMP INCOME

Revenue

$53,390

REFUNDS

Revenue

-$3,430

Organization Details

Founding Year

1973

Principal Officer

Carol Jun

Main Address

2105 E 25TH STREET, LOS ANGELES, CA, 90058

NTEE Category

Code: N20Z - Recreation

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