Overview
What is Korean Society Of Dallas?
The Korean Society of Dallas is a nonprofit organization committed to serving and educating the Korean American community in the Dallas, Texas area. Established at 11500 N STEMMONS FWY 160, Dallas, Texas, the society aims to familiarize Korean immigrants with American culture by organizing seminars. Besides this, they engage in charitable activities, such as donating clothes, feeding the homeless, and providing counseling. Their mission also extends to helping immigrants become U.S. citizens and educating them about voting regulations. The Korean Society of Dallas is known for hosting events that showcase Korean culture, like the annual Korean Festival, featuring fan dances, taekwondo demonstrations, art, traditional drummers, dancers, food, and entertainment, including cultural and K-pop performances. The organization operates with a dedicated workforce of one individual.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 65%, earning it a Two-Star out of Four Star rating. The rating reflects the organization's performance in various accountability and financial metrics, highlighting a strong program expense ratio of 99.49%, indicating that a significant portion of its funds is directed toward its programs. The organization also excels in board independence and governance, scoring full points in categories related to board composition and meeting documentation.
Despite these strengths, the Korean Society of Dallas faces notable limitations that have impacted its overall rating. The organization lacks essential policies such as a conflict of interest and whistleblower policy, which are crucial for ensuring ethical governance and transparency. Additionally, it has not provided its website on tax forms or made its tax documents available on its website, which may hinder public trust and accountability.
In summary, while the Korean Society of Dallas demonstrates strong financial practices and an independent board, the absence of critical policies and transparency measures raises concerns about its governance. Stakeholders may want to consider these factors when evaluating the organization's overall effectiveness and reliability.
This AI summary has been generated from information found on Charity Navigator.
Is Korean Society Of Dallas legitimate?
Korean Society Of Dallas is a legitimate nonprofit organization registered as a 501(c)(3) entity. Korean Society Of Dallas 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: $8,541
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What is the mission statement of Korean Society Of Dallas?
The Korean Society of Dallas, established with the intention of serving the Korean American community, focuses on both education and service. Its primary goal is to educate Korean Americans, helping them adapt to American culture through seminars. Additionally, the organization hosts charitable events such as clothing donations, feeding the homeless, and providing counseling. Furthermore, they assist Korean immigrants in becoming U.S. citizens and instruct them on voting regulations. Lastly, the Korean Society of Dallas organizes the annual Korean Festival to showcase Korean culture, featuring traditional performances, arts, food, and entertainment.
Who is the CEO of Korean Society Of Dallas?
Seoung J Ryou is the President of Korean Society Of Dallas.
What is the revenue of Korean Society Of Dallas?
Korean Society Of Dallas's revenue in 2022 was $142,076.
Who are the executives of Korean Society Of Dallas and what are their salaries?
The average compensation at Korean Society Of Dallas during 2022 was $8,541. There is 1 employee at Korean Society Of Dallas.
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Where can I find the form 990 for Korean Society Of Dallas?
Korean Society Of Dallas's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Korean Society Of Dallas
The Korean Society of Dallas, a nonprofit organization, is committed to educating and serving the Korean American community in the Dallas, Texas area. Its mission is to foster a sense of belonging among Korean immigrants by familiarizing them with American culture. This is achieved through the organization's seminars, which provide a platform for cultural exchange and understanding.
In addition to cultural education, the Korean Society of Dallas also extends its services to the community in various ways. They host charitable events such as clothing donations and feeding the homeless, demonstrating their commitment to helping those in need. Furthermore, the organization offers counseling services, aiming to provide emotional support to its members.
Moreover, the Korean Society of Dallas plays a significant role in facilitating the integration of Korean immigrants into American society. They offer classes to help immigrants become U.S. citizens and provide information on voting regulations. The organization also hosts the annual Korean Festival, a celebration of Korean culture that includes traditional performances, arts, and food. This event not only showcases Korean heritage but also serves as a platform for cultural exchange and unity within the community.
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Impact
October, 2024
The Korean Society of Dallas has made a significant impact on the Korean American community in the Dallas area by serving as a bridge between Korean immigrants and American culture. Through educational seminars, the organization familiarizes newcomers with essential aspects of American life, helping them navigate their new environment.
Additionally, the Society engages in charitable activities such as donating clothes, feeding the homeless, and providing counseling services, which foster community support and solidarity. It actively prepares immigrants for citizenship and informs them about voting regulations, empowering them to participate fully in civic life.
One of the most notable contributions is the annual Korean Festival, which showcases Korean culture through various performances, including fan dances, Taekwondo demonstrations, traditional drumming, and K-Pop entertainment. This event not only celebrates Korean heritage but also promotes cultural exchange and understanding within the broader Dallas community. Through these efforts, the Korean Society of Dallas has created a sustaining platform for fostering community cohesion and cultural pride among Korean Americans while enriching the cultural tapestry of the area.
This information is meant to be a general summary of Korean Society Of Dallas. 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 2022.
- Gross Receipts: $142,076
Assets and Liabilities:
- Total Assets: $24,518
- Total Liabilities: $30,695
- Net Assets: -$6,177
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Organization Details
Founding Year
1988
Phone
(972) 241-4524Principal Officer
Seoung J Ryou
Main Address
11500 N STEMMONS FWY 160, DALLAS, TX, 75229
NTEE Category
Code: A230 - Arts
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