Overview
What is One Korean?
One Korean is a public sector, cooperative, or veteran-related organization situated in Little Rock, Arkansas. Their primary objective is to extend financial aid through scholarships to individuals in need. This nonprofit organization aims to make higher education more accessible for those who may not otherwise have the opportunity due to financial constraints. By providing scholarships, One Korean aims to contribute positively to the community and empower its members through education.
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement
One Korean has received a Two-Star out of Four Star rating from Charity Navigator, indicating a performance that requires improvement. The organization has a total score of 73%, reflecting strong points in areas such as board independence and financial management. Notably, it has achieved a perfect score for both the majority of independent board members and the size of its board, indicating a robust governance structure.
However, there are significant shortcomings in terms of transparency and policy implementation. The organization lacks essential policies, including conflict of interest and whistleblower policies, which are crucial for accountability. Additionally, it has not made various important documents available on its website, such as tax forms, which negatively impacts its transparency score.
Despite these limitations, One Korean demonstrates a commendable program expense ratio of 99.66%, meaning a large portion of its funds is directed towards its programs. Addressing the noted deficiencies could enhance its rating and effectiveness in serving its mission.
This AI summary has been generated from information found on Charity Navigator.
Is One Korean legitimate?
One Korean is a legitimate nonprofit organization registered as a 501(c)(3) entity. One Korean 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
What is the mission statement of One Korean?
One Korean, being a public sector, public cooperative, or veteran organization, is committed to serving its mission by offering scholarships to individuals in need. This organization aims to support those who may find financial difficulties in pursuing their education. By providing scholarships, One Korean contributes to the broader objective of ensuring equal opportunities for education, thereby empowering individuals and potentially shaping their future positively. The organization's activities are centered around this mission, striving to make education more accessible for those who need it most.
Who is the CEO of One Korean?
Chang Heon Lee is the President of One Korean.
What is the revenue of One Korean?
One Korean's revenue in 2022 was $57,444.
Who are the executives of One Korean and what are their salaries?
There is 1 key member and their salary:
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for One Korean?
One Korean's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of One Korean
One Korean, a public sector, public cooperative, or veteran organization, is committed to fulfilling its mission. This mission revolves around providing financial aid in the form of scholarships to individuals who are economically disadvantaged. By offering this assistance, One Korean aims to contribute positively to the community and help those in need to pursue their educational goals. The organization's mission is to bridge the financial gap and promote equality in access to education, thus empowering individuals and contributing to a more prosperous society.
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Impact
August, 2024
One Korean's impact is evident through its mission to provide scholarships to the needy in Little Rock, AR. This nonprofit organization plays a vital role in supporting individuals who require financial assistance to pursue their education. Through their efforts, One Korean contributes to the empowerment and upliftment of the community by providing opportunities for education and personal development.
This information is meant to be a general summary of One Korean. 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: $57,444
Assets and Liabilities:
- Total Assets: $69,118
- Total Liabilities: $0
- Net Assets: $69,118
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Organization Details
Founding Year
2016
Phone
(501) 993-1500Principal Officer
Chang Heon Lee
Main Address
15523 HARTFORD ST, LITTLE ROCK, AR, 72223
NTEE Category
Code: W99 - Public benefit
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