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New York City School Of Korean Language And Culture Inc

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

EIN: 463331466 ✦ Fort lee, NJ ✦ Designated as a 501(c)(3)

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Overview

What is New York City School Of Korean Language And Culture Inc?

New York City School of Korean Language and Culture Inc is a nonprofit organization situated in Fort Lee, New Jersey, with a mission to educate students about the rich Korean culture and language. Through their comprehensive programs, students have the opportunity to delve into various aspects of the Korean language and customs, enabling an immersive experience. The institution's purpose is centered around providing students with a well-rounded understanding of Korean culture, fostering cultural appreciation and language proficiency.


Official website here: www.nyckoreanschool.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 56% (One-Star out of Four Stars)

The New York City School of Korean Language and Culture Inc has received a low rating of 56% from Charity Navigator, indicating significant concerns regarding its governance and accountability. The lack of independent board members and missing conflict of interest and whistleblower policies contribute to its low score in these areas. However, the organization has demonstrated effective management of its financial resources, with a program expense ratio of 99.25%, suggesting that nearly all of its funds are directed towards its mission-driven activities.

Strengths of the organization include a strong financial commitment to its programs and services, as evidenced by the high program expense ratio. The organization has also shown no material diversion of assets, which is a positive sign of financial integrity. Furthermore, the listed website on the tax form indicates a commitment to transparency in certain areas.

Despite its financial strengths, the organization needs to address significant governance issues. The absence of independent board members and key policies related to conflict of interest and document retention may hinder its effectiveness and public trust. To improve its rating, the organization should prioritize establishing a more accountable governance structure and enhancing its transparency practices.


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

Is New York City School Of Korean Language And Culture Inc legitimate?

New York City School Of Korean Language And Culture Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. New York City School Of Korean Language And Culture 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: $37,426

For more financial information, click here


Official website here: www.nyckoreanschool.org

What is the mission statement of New York City School Of Korean Language And Culture Inc?

The New York City School of Korean Language and Culture Inc. is dedicated to enriching students' understanding of Korean culture and language. Through its educational programs, the institution provides extensive knowledge in both areas, enabling students to delve into the unique customs of Korea. The school offers courses in both the Korean language and cultural studies, promoting immersion and fostering a deeper appreciation for the country's traditions.


Official website here: www.nyckoreanschool.org

Who is the CEO of New York City School Of Korean Language And Culture Inc?

Joseph Dongho Song is the Principal of New York City School Of Korean Language And Culture Inc.


Official website here: www.nyckoreanschool.org

What is the revenue of New York City School Of Korean Language And Culture Inc?

New York City School Of Korean Language And Culture Inc's revenue in 2022 was $52,944.


Official website here: www.nyckoreanschool.org

Who are the executives of New York City School Of Korean Language And Culture Inc and what are their salaries?


Here are 3 key members and their salaries:


Suok Hong (Vice Princip)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tae Kyung Kim (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joseph Dongho Song (Principal)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.nyckoreanschool.org

Where can I find the form 990 for New York City School Of Korean Language And Culture Inc?

New York City School Of Korean Language And Culture Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.nyckoreanschool.org

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

Mission Statement of New York City School Of Korean Language And Culture Inc

The New York City School of Korean Language and Culture Inc is committed to enriching its students' understanding of Korean culture and language. Through its educational programs, the institution aims to provide a comprehensive immersion experience, allowing students to delve into various facets of Korean customs. By offering courses in both Korean language and culture, the school fosters an environment where students can deeply engage with the unique traditions and linguistic nuances of Korea.

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Impact




August, 2024

The New York City School Of Korean Language And Culture Inc has a significant impact on students by providing extensive knowledge of Korean culture and language. Through its educational programs, the school allows students to immerse themselves in various aspects of the country's unique customs, offering courses in both language and culture. Located in Fort Lee, NJ, the institution plays a crucial role in promoting cross-cultural understanding and appreciation through its mission to educate and empower students with Korean language and cultural knowledge. Its dedication to education in this field contributes positively to the community and society at large.




This information is meant to be a general summary of New York City School Of Korean Language And Culture 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
$52,944 (2022)
Expenses
$53,100 (2022)
Efficiency

Other financial information:

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

  • Gross Receipts: $52,944

Assets and Liabilities:

  • Total Assets: $10,533
  • Total Liabilities: $0
  • Net Assets: $10,533

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Organization Details

Founding Year

2015

Principal Officer

Joseph Dongho Song

Main Address

400 KELBY STREET SUITE 1900, FORT LEE, NJ, 07024

NTEE Category

Code: B82 - Education

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