Overview
What is The League Of Korean Americans Usa Inc?
The League of Korean Americans USA Inc is a nonprofit organization, situated in the United States, dedicated to promoting democracy and upholding the country's constitution. They actively work towards eradicating prejudice and misunderstandings regarding diversity. Their primary mission involves collaborating with local county offices, government agencies, and other nonprofit organizations to support and sponsor Korean American communities. Their efforts aim to uplift and empower these communities, providing resources and opportunities for growth and development.
Official website here: www.lokamd.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 83% (Three-Star out of Four Star rating)
The League Of Korean Americans USA Inc has received a commendable Three-Star rating from Charity Navigator, reflecting a solid performance particularly in the area of Accountability & Finance. The organization has demonstrated strong governance practices, as evidenced by its 100% independent board composition and the absence of asset diversion, which suggests a commitment to ethical management and operational transparency.
Positive indicators include a perfect score in program expense ratio, indicating that all resources are directed towards its mission. The organization also adheres to key governance policies, with clear documentation of board meeting minutes and a conflict of interest policy in place. However, there are some areas needing improvement, such as the absence of a whistleblower policy and a document retention and destruction policy, which could enhance operational integrity.
Overall, The League Of Korean Americans USA Inc showcases effective financial management and accountability, although it could further strengthen its governance framework by addressing the noted policy gaps. This rating underscores the organization's reliability as a nonprofit committed to its mission while being accountable to its stakeholders.
This AI summary has been generated from information found on Charity Navigator.
Is The League Of Korean Americans Usa Inc legitimate?
The League Of Korean Americans Usa Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. The League Of Korean Americans Usa 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
Official website here: www.lokamd.org
What is the mission statement of The League Of Korean Americans Usa Inc?
The League of Korean Americans USA Inc's mission is centered around promoting democracy and upholding the U.S. Constitution. They strive to combat prejudice and ignorance regarding diversity. In pursuit of these goals, they collaborate with local county offices, agencies, and non-profit organizations to sponsor and support the Korean American community. Their activities aim to foster a more inclusive and diverse society.
Official website here: www.lokamd.org
What is the revenue of The League Of Korean Americans Usa Inc?
The League Of Korean Americans Usa Inc's revenue in 2024 was $50,287.
Official website here: www.lokamd.org
Who are the executives of The League Of Korean Americans Usa Inc and what are their salaries?
There 10 volunteers at The League Of Korean Americans Usa Inc.
There is 1 key member and their salary:
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.lokamd.org
Where can I find the form 990 for The League Of Korean Americans Usa Inc?
The League Of Korean Americans Usa Inc's most recent form 990 was submitted in 2024 and can be accessed here.
Official website here: www.lokamd.org
Learn more at the official website: www.lokamd.org
Mission Statement of The League Of Korean Americans Usa Inc
The League of Korean Americans USA Inc is committed to its mission of collaborating with local county offices, agencies, and non-profit organizations to sponsor and support the Korean American communities. This mission is driven by an underlying goal of promoting democracy and upholding the Constitution of the United States. The organization also strives to combat prejudice and ignorance towards diversity, fostering a more inclusive society. By working with various organizations, The League of Korean Americans USA Inc aims to provide vital support to the Korean American community, playing a significant role in their well-being and growth.
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Impact
August, 2024
The League of Korean Americans USA Inc has had a significant impact on fostering democracy, upholding the constitution of the United States, and working towards the elimination of prejudice and ignorance of diversity within Korean American communities. Through collaboration with local county offices, agencies, and nonprofit organizations, they have been able to sponsor and support various initiatives that benefit the Korean American population. Additionally, their focus on arts as a tag indicates their commitment to promoting cultural expression and creativity within the community. Overall, The League of Korean Americans USA Inc's work is instrumental in advocating for the rights and well-being of Korean Americans in Ellicott City, MD.
This information is meant to be a general summary of The League Of Korean Americans Usa 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2024.
- Gross Receipts: $50,287
Assets and Liabilities:
- Total Assets: $42,060
- Total Liabilities: $0
- Net Assets: $42,060
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Organization Details
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