Kai Ming Inc

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

EIN: 510137847 ✦ San francisco, CA ✦ Designated as a 501(c)(3)

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Overview

What is Kai Ming Inc?

Kai Ming Inc, located in San Francisco, California, is a nonprofit organization dedicated to providing education and supportive services to preschool-aged children. With a team of 204 employees, the organization operates under the State Predevelopment Program umbrella. Their primary mission is to enhance the early learning experience and offer essential support to young children, aiming to foster their development in a nurturing environment.


Official website here: www.kaiming.org

What are the reviews and ratings of this charity?

Charity Navigator rating: 81%, Three-Star out of Four Star rating.

Kai Ming Inc has received an 81% rating from Charity Navigator, indicating a solid level of accountability and financial management. The rating reflects the organization's strong emphasis on governance, with 100% of its board members being independent, which ensures a well-structured oversight mechanism. Additionally, the charity has no material diversion of assets, and it adheres to multiple policies related to conflict of interest, whistleblowing, and document retention.

The nonprofit excels in its program expense ratio, allocating 86.29% of its budget directly to programs, which signifies effective use of funds towards its mission. The presence of an established audit and oversight committee further enhances trust in its financial practices. However, while the charity shows strength in governance and financial transparency, potential donors may still wish to look for additional qualitative data regarding its program effectiveness and impact on the community it serves.


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

Is Kai Ming Inc legitimate?

Kai Ming Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Kai Ming 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: $600,103
Professional Fundraising Fees: $0
Other Salaries and Wages: $6,379,544

For more financial information, click here


Official website here: www.kaiming.org

What is the mission statement of Kai Ming Inc?

Kai Ming Inc is dedicated to delivering education and essential supportive services to young children. The organization's primary mission is to foster their growth and development. Through various programs, Kai Ming Inc aims to create an enabling environment for preschool children, ensuring they receive the necessary building blocks for a strong foundation. The organization's dedication extends beyond mere education, as it also offers vital supportive services to ensure the children's overall wellbeing. By focusing on early childhood education and support, Kai Ming Inc is helping shape the future of the next generation. In doing so, it provides children with the best possible start in life, preparing them for future successes.


Official website here: www.kaiming.org

Who is the CEO of Kai Ming Inc?

Jerry Yang is the Executive Dir. of Kai Ming Inc.


Official website here: www.kaiming.org

What is the revenue of Kai Ming Inc?

Kai Ming Inc's revenue in 2022 was $18,604,713.


Official website here: www.kaiming.org

Who are the executives of Kai Ming Inc and what are their salaries?

The average compensation at Kai Ming Inc during 2022 was $34,214. There are 204 employees and 10 volunteers at Kai Ming Inc.


Here are 15 key members and their salaries:


Jerry Yang (Executive Dir.)
  • Compensation: $182,317
  • Related: $0
  • Other: $2,644
Deng Yu Lian (Finance Manager)
  • Compensation: $155,355
  • Related: $0
  • Other: $2,253
Dong Ruifang (Hr Manager)
  • Compensation: $125,378
  • Related: $0
  • Other: $1,817
Sequeira Fatima Rosario (Executive Assistant)
  • Compensation: $117,549
  • Related: $0
  • Other: $1,704
Larry Vitale (Chairperson)
  • Compensation: $0
  • Related: $0
  • Other: $0
Charlotte Ferretti (Vice-Chairperso)
  • Compensation: $0
  • Related: $0
  • Other: $0
Silan Stahlhut (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Scott Burrell (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ivy Wang (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Easter Calvit (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tomdr Jue (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Karen Chin (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Hinckley (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Elizabeth Lau (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Nancy Lim-Yee (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.kaiming.org

Where can I find the form 990 for Kai Ming Inc?

Kai Ming Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.kaiming.org

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

Mission Statement of Kai Ming Inc

Kai Ming Inc, a prominent nonprofit organization, is dedicated to making a difference in the lives of children by providing them with essential education and supportive services. With a mission to educate and support preschool-aged children, Kai Ming Inc goes above and beyond to equip young minds with the necessary tools for a strong foundation.

The nonprofit's core commitment lies in the belief that every child deserves an opportunity to learn and grow in a nurturing environment. Kai Ming Inc's state predevelopment program is a testament to this belief, as it offers comprehensive education and support services specifically tailored to preschool children. This program aims to foster intellectual curiosity, social-emotional growth, and overall development in young learners, setting them up for success in their academic and personal lives.

At Kai Ming Inc, the team understands that education goes beyond the classroom. This is why they provide supportive services that cater to each child's unique needs. By offering these services, Kai Ming Inc ensures that every child has the resources they need to thrive, both inside and outside of the classroom. Through their innovative approach and unwavering commitment to children, Kai Ming Inc continues to make a significant impact on the lives of young learners.

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Impact




October, 2024

Kai Ming Inc significantly impacts the lives of children in San Francisco by providing essential educational services and support, particularly through its State Predevelopment Program. This initiative focuses on preschool-aged children, ensuring they receive the foundational education necessary for future success. By fostering a supportive environment, Kai Ming Inc not only enhances academic readiness but also promotes overall well-being, helping children navigate their formative years with the resources they need to thrive. Through these efforts, the organization plays a crucial role in shaping a brighter future for the community.




This information is meant to be a general summary of Kai Ming 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
$18,604,713 (2022)
Expenses
$14,951,804 (2022)
Efficiency

Other financial information:

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

  • Gross Receipts: $18,604,713

Assets and Liabilities:

  • Total Assets: $9,933,620
  • Total Liabilities: $5,895,797
  • Net Assets: $4,037,823

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Organization Details

Founding Year

1975

Principal Officer

Jerry Yang

Main Address

933 Howard Street, San Francisco, CA, 94103

NTEE Category

Code: B21 - Education

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