Overview
What is Korean American Community Of Anchorage?
The Korean American Community of Anchorage (KACA) is a nonprofit organization situated in Anchorage, Alaska, with a single employee. Its primary focus is on organizing community events and promoting understanding of Korean culture, fostering connections between Korea and Alaska. Additionally, KACA advocates for the rights and interests of its members, striving for social harmony between the United States and Korea in Alaska. Their mission encompasses the protection of their members' rights, promoting social harmony, ensuring the organization's growth, and facilitating cultural exchange and friendship between the two nations.
Official website here: www.koreanak.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 83%, Three-Star out of Four Star rating.
The Korean American Community of Anchorage has received a commendable score of 83%, reflecting solid accountability and financial management practices. The rating is derived entirely from its Accountability & Finance score, demonstrating a strong commitment to responsible governance. Most notably, the organization has achieved full marks for having an independent board and for maintaining a clean record with no material diversion of assets.
Additionally, the nonprofit excels in transparency with its fiscal management, evidenced by a program expense ratio of 84.81%, indicating that a significant portion of its funds is directed towards its programs. While the organization has established various policies, it lacks a whistleblower policy and a document retention and destruction policy, which could be seen as areas for improvement in its overall governance framework.
Overall, the Korean American Community of Anchorage is positioned as a reliable nonprofit, with strengths in accountability and program spending. However, enhancing its governance policies could further bolster its standing and operations within the community.
This AI summary has been generated from information found on Charity Navigator.
Is Korean American Community Of Anchorage legitimate?
Korean American Community Of Anchorage is a legitimate nonprofit organization registered as a 501(c)(3) entity. Korean American Community Of Anchorage 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: $25,464
For more financial information, click here
Official website here: www.koreanak.com
What is the mission statement of Korean American Community Of Anchorage?
The Korean American Community of Anchorage (KACA) is dedicated to protecting the rights and interests of its members, fostering social harmony, and promoting constructive evolution. Their mission extends to enhancing cultural exchange and friendship between the United States and Korea. The organization conducts various educational and cultural programs to bridge the gap between Korea and Alaska, providing opportunities for learning about Korean culture.
Official website here: www.koreanak.com
What is the revenue of Korean American Community Of Anchorage?
Korean American Community Of Anchorage's revenue in 2023 was $287,276.
Official website here: www.koreanak.com
Who are the executives of Korean American Community Of Anchorage and what are their salaries?
The average compensation at Korean American Community Of Anchorage during 2023 was $12,732. There are 2 employees at Korean American Community Of Anchorage.
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Official website here: www.koreanak.com
Where can I find the form 990 for Korean American Community Of Anchorage?
Korean American Community Of Anchorage's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.koreanak.com
Learn more at the official website: www.koreanak.com
Mission Statement of Korean American Community Of Anchorage
The Korean American Community of Anchorage (KACA) is committed to safeguarding the rights and interests of its members while fostering social harmony between the United States and Korea. The organization's mission is multifaceted, encompassing the protection of its members' rights and interests, promoting social harmony, encouraging constructive evolution, and facilitating cultural interchange. KACA aims to strengthen ties between the two nations, ultimately enhancing friendship between the USA and Korea.
To achieve this mission, KACA organizes various community events and provides educational programs on Korean culture. These initiatives serve to bridge the cultural gap between Korea and Alaska, thereby fostering a deeper understanding and appreciation of Korean traditions and values within the community. By offering these educational and cultural programs, KACA contributes to the enrichment and diversity of the community, ultimately promoting harmony and unity.
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Impact
October, 2024
The Korean American Community of Anchorage plays a crucial role in fostering social cohesion and cultural exchange between Korean Americans and the broader Alaskan community. By organizing various educational and cultural programs, they enhance understanding and appreciation of Korean heritage, bridging gaps between cultures.
This community-driven organization actively protects the rights and interests of its members, ensuring their voice is heard in local dialogues. Through a series of community events, they not only celebrate Korean culture but also promote friendship and constructive evolution among diverse groups within Alaska. Their efforts contribute to a more harmonious society, where mutual respect and cultural appreciation thrive, benefiting both the Korean American community and the wider Anchorage region.
This information is meant to be a general summary of Korean American Community Of Anchorage. 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2023.
- Program Service Revenue: $300
- Gross Receipts: $1,259,751
Assets and Liabilities:
- Total Assets: $106,168
- Total Liabilities: $0
- Net Assets: $106,168
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TUITION REVENUE
Revenue
$300
Organization Details
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