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Nj Hunminkorean Culture School Inc

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

EIN: 455611449 ✦ Bergen field, NJ ✦ Designated as a 501(c)(3)

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Overview

What is Nj Hunminkorean Culture School Inc?

Nj Hunminkorean Culture School Inc, established in Bergen Field, New Jersey, is a nonprofit organization with a primary focus on charitable, literary, scientific, and educational pursuits. This institution, specifically, aims to promote Korean culture and education, serving as a platform for individuals to learn and appreciate the rich Korean traditions and values. The organization's mission is dedicated to fostering a deeper understanding of Korean culture through various educational programs and activities.

What are the reviews and ratings of this charity?

Charity Navigator Rating: 53%, One-Star out of Four Star rating.

The Nj Hunminkorean Culture School Inc has received a low rating from Charity Navigator, reflecting significant concerns regarding its governance and transparency. While the organization demonstrates a strong program expense ratio of 82.84%, suggesting that a large portion of its funds is directed towards programs, it lacks key governance practices which have contributed to its low score.

One major weakness noted is the absence of independent board members, which raises concerns about accountability. Additionally, important policies such as conflict of interest, whistleblower, and document retention are missing, indicating potential risks in operational practices. The organization also failed to provide its website on its tax form, further impacting its transparency rating.

Despite these issues, the organization has not reported any material diversion of assets, which is a positive indicator of financial integrity. However, the lack of essential governance structures and missing policies could hinder its effectiveness and trustworthiness in the eyes of stakeholders.


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

Is Nj Hunminkorean Culture School Inc legitimate?

Nj Hunminkorean Culture School Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Nj Hunminkorean Culture School Inc 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

What is the mission statement of Nj Hunminkorean Culture School Inc?

Nj Hunminkorean Culture School Inc is established with a primary focus on charitable, literary, scientific, and educational pursuits. The organization's mission is aligned with these objectives, aiming to contribute positively in these respective areas. The corporation's activities are primarily geared towards promoting charitable causes, fostering literary development, encouraging scientific research, and providing educational opportunities.

Who is the CEO of Nj Hunminkorean Culture School Inc?

Hye Kyung Jang is the President of Nj Hunminkorean Culture School Inc.

What is the revenue of Nj Hunminkorean Culture School Inc?

Nj Hunminkorean Culture School Inc's revenue in 2022 was $81,760.

Who are the executives of Nj Hunminkorean Culture School Inc and what are their salaries?


There is 1 key member and their salary:


Hye Kyung Jang (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Nj Hunminkorean Culture School Inc?

Nj Hunminkorean Culture School Inc's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Nj Hunminkorean Culture School Inc

Nj Hunminkorean Culture School Inc is a nonprofit organization with a mission dedicated to charitable, literary, scientific, and educational purposes. This organization is committed to serving its objectives in a comprehensive manner, utilizing various aspects of these fields for its cause. The corporation's mission is geared towards making meaningful contributions to society, particularly in areas that promote learning and cultural understanding.

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Impact




October, 2024

Nj Hunminkorean Culture School Inc plays a vital role in fostering cultural awareness and education within its community. By focusing on charitable, literary, scientific, and educational purposes, the institution creates a platform for individuals to engage with Korean culture, language, and traditions.

In Bergenfield, NJ, it serves as a hub for cultural exchange and learning, offering various programs that enrich participants’ understanding of Korean heritage. This not only enhances individual knowledge but also promotes greater cultural sensitivity and appreciation among diverse populations. The school's commitment to education helps to empower students and community members, equipping them with skills and knowledge that extend beyond the classroom.

Through its initiatives, Nj Hunminkorean Culture School Inc contributes to building a more informed and connected community, fostering relationships that celebrate cultural diversity and support lifelong learning.




This information is meant to be a general summary of Nj Hunminkorean Culture School Inc. 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
$81,760 (2022)
Expenses
$81,630 (2022)
Efficiency

Other financial information:

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

  • Program Service Revenue: $42,060
  • Gross Receipts: $81,760

Assets and Liabilities:

  • Total Assets: $3,796
  • Total Liabilities: $0
  • Net Assets: $3,796

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Programs

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

SCHOOL TUITION

Revenue

$42,060

Organization Details

Principal Officer

Hye Kyung Jang

Main Address

12 WEST CENTRAL AVE, BERGEN FIELD, NJ, 07621

NTEE Category

Code: B20 - Education

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