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The Dragon Kim Foundation

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

EIN: 475197030 ✦ Tustin, CA ✦ Designated as a 501(c)(3)

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Overview

What is The Dragon Kim Foundation?

The Dragon Kim Foundation, located at 13217 Jamboree Road 158, Tustin, CA 92782, is a dedicated nonprofit organization with a mission to inspire and empower youth. Their primary goal is to offer resources and funding for children to explore and pursue their interests in various fields, such as academics, athletics, and arts. This initiative aims to help them lead fulfilling lives. The foundation has a small team of four individuals committed to this noble cause.


Official website here: www.dragonkimfoundation.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 96%, Four-Star out of Four Star rating.

The Dragon Kim Foundation has achieved a commendable Four-Star rating from Charity Navigator, indicating a high level of accountability and financial health. The foundation's overall score of 96% is derived solely from its exceptional Accountability & Finance score, reflecting strong governance and operational practices. This rating suggests that donors can trust in the foundation’s responsible management of funds.

Key strengths of The Dragon Kim Foundation include a fully independent board, with 90% of its members being independent. Additionally, the organization has demonstrated excellent financial practices, including a solid program expense ratio of 72.23%, ensuring that a significant portion of its resources is directed towards its programs. The presence of robust policies related to conflict of interest and whistleblower protections further enhances its credibility.

There are no significant limitations noted in the data provided. The foundation appears to have a stable financial position, as indicated by its low liabilities to assets ratio of 2.52%, showcasing effective asset management. Overall, The Dragon Kim Foundation stands out as a reliable choice for potential donors seeking impactful nonprofit organizations.


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

Is The Dragon Kim Foundation legitimate?

The Dragon Kim Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Dragon Kim 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: $45,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $145,370

For more financial information, click here


Official website here: www.dragonkimfoundation.org

What is the mission statement of The Dragon Kim Foundation?

The Dragon Kim Foundation's mission is centered around providing opportunities for children to discover and pursue their interests in academics, athletics, and the arts. This is done through the provision of funding and programs, with the ultimate goal of enabling these children to lead extraordinary lives. The organization also encourages its youth to make a positive impact in their communities while exploring and pursuing their passions.


Official website here: www.dragonkimfoundation.org

Who is the CEO of The Dragon Kim Foundation?

Daniel Kim is the Chair-Founder of The Dragon Kim Foundation.


Official website here: www.dragonkimfoundation.org

What is the revenue of The Dragon Kim Foundation?

The Dragon Kim Foundation's revenue in 2022 was $603,769.


Official website here: www.dragonkimfoundation.org

Who are the executives of The Dragon Kim Foundation and what are their salaries?

The average compensation at The Dragon Kim Foundation during 2022 was $47,592. There are 4 employees at The Dragon Kim Foundation.


Here are 10 key members and their salaries:


Daniel Kim (Chair-Founder)
  • Compensation: $45,000
  • Related: $0
  • Other: $0
Helen Yi (Boardmember)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bill Tate (Boardmember)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jack Toan (Boardmember)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kerri Sonenshine (Boardmember)
  • Compensation: $0
  • Related: $0
  • Other: $0
Teren Shaffer (Boardmember)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bonnie Carlson (Boardmember)
  • Compensation: $0
  • Related: $0
  • Other: $0
Grace Kim (Co Founder-Ex Dir)
  • Compensation: $0
  • Related: $0
  • Other: $0
Thao Ngo (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Stacy Handley (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.dragonkimfoundation.org

Where can I find the form 990 for The Dragon Kim Foundation?

The Dragon Kim Foundation's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.dragonkimfoundation.org

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

Mission Statement of The Dragon Kim Foundation

The Dragon Kim Foundation is dedicated to empowering children by providing them with the resources and opportunities to discover and nurture their interests in academics, athletics, and the arts. Their mission, as stated, is to enable young individuals to pursue their passions and lead extraordinary lives. The organization aims to inspire its youth to make a positive impact on their communities while they explore and cultivate their talents.

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Impact




July, 2024

The Dragon Kim Foundation's impact is evident in the countless opportunities it provides for children to explore their interests and excel in academics, athletics, and the arts. Through funding and programs, the foundation inspires youth to make a positive impact on their communities while pursuing their passions. Based in Tustin, CA, the foundation believes that all kids deserve the chance to lead amazing lives by discovering and nurturing their talents.




This information is meant to be a general summary of The Dragon Kim 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
$603,769 (2022)
Expenses
$563,578 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $320
  • Gross Receipts: $603,769

Assets and Liabilities:

  • Total Assets: $746,234
  • Total Liabilities: $18,892
  • Net Assets: $727,342

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Organization Details

Founding Year

2015

Principal Officer

Daniel Kim

Main Address

13217 JAMBOREE ROAD 158, Tustin, CA, 92782

NTEE Category

Code: T30 - Philanthropy

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