Overview
What is House Of Korea Inc?
House of Korea Inc, based in San Diego, California, serves as an event organization that promotes Korean art, culture, history, and values. Their mission is to function as volunteer ambassadors of Korean cultures, providing educational opportunities at the House of Korea Cottage in Balboa. Some of their initiatives include hosting events such as the House of Korea Lawn Program and Korea-Full Night International Christmas Festival. Their primary goal is to foster public understanding and appreciation of Korean heritage.
Official website here: www.house-of-korea.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 36% (Zero-Star out of Four Star rating).
House Of Korea Inc has been assigned a low score, indicating significant concerns regarding its financial accountability and transparency. Although the organization has achieved full points for having a majority independent board and proper documentation of board meeting minutes, its overall performance is impacted by several deficiencies in governance practices.
Key strengths include an independent board structure and the listing of its website on tax forms, which reflects some level of organizational integrity. However, the nonprofit scores poorly in critical areas such as conflict of interest policies, whistleblower protections, and a lack of transparency regarding its financial documents. Additionally, the liabilities to assets ratio and program expense ratio received zero points, highlighting potential financial instability and insufficient program investment.
These issues indicate that while House Of Korea Inc has some foundational governance practices, there are significant areas needing improvement. Stakeholders should consider these limitations when evaluating the organization’s effectiveness and reliability in fulfilling its mission.
This AI summary has been generated from information found on Charity Navigator.
Is House Of Korea Inc legitimate?
House Of Korea Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. House Of Korea 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:
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Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.house-of-korea.org
What is the mission statement of House Of Korea Inc?
House of Korea Inc's mission is centered around promoting public understanding and appreciation of Korean art, culture, history, and values. They serve as volunteer ambassadors of Korean cultures, fulfilling this mission at the House of Korea Cottage. Their activities include organizing events such as the House of Korea Lawn Program and Korea-Ful Night International Christmas Festival, among others, to facilitate this learning process.
Official website here: www.house-of-korea.org
What is the revenue of House Of Korea Inc?
House Of Korea Inc's revenue in 2024 was $62,396.
Official website here: www.house-of-korea.org
Who are the executives of House Of Korea Inc and what are their salaries?
There 60 volunteers at House Of Korea Inc.
Here are 10 key members and their salaries:
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Official website here: www.house-of-korea.org
Where can I find the form 990EZ for House Of Korea Inc?
House Of Korea Inc's most recent form 990EZ was submitted in 2024 and can be accessed here.
Official website here: www.house-of-korea.org
Learn more at the official website: www.house-of-korea.org
Mission Statement of House Of Korea Inc
House of Korea Inc, as a nonprofit organization, is dedicated to promoting public understanding of Korean art, culture, history, and values. Acting as volunteer ambassadors of Korean cultures, they strive to educate the public at the House of Korea Cottage in Balboa. Their mission is multifaceted, encompassing various events and programs. They organize events such as the House of Korea Lawn Program and the Korea-Ful Night International Christmas Festival, among others, to engage the public and share the richness of Korean culture. By fostering this learning environment, House of Korea Inc seeks to preserve and celebrate Korean heritage, ultimately fostering a deeper appreciation for the cultural diversity of the world.
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Impact
October, 2024
House Of Korea Inc significantly enriches the cultural landscape of San Diego through its dedicated efforts to promote Korean art, culture, history, and values. By serving as volunteer ambassadors at the House of Korea cottage in Balboa Park, the organization plays a crucial role in fostering public understanding and appreciation of Korean heritage.
Through diverse events such as the House of Korea Lawn Program and the Korea-Ful Night International Christmas Festival, the organization creates engaging opportunities for the community to connect with Korean traditions and artistry. These events not only showcase the richness of Korean culture but also encourage cross-cultural dialogue and interaction among attendees.
House Of Korea Inc's initiatives help bridge cultural gaps, promote inclusivity, and enhance community cohesion. By providing a platform for cultural exchange, the organization positively influences public perception and appreciation of Korean culture, ultimately enriching the multicultural tapestry of San Diego.
This information is meant to be a general summary of House Of Korea 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.
- Investment Income: $4,765
- Program Service Revenue: $48,951
- Gross Receipts: $62,396
Assets and Liabilities:
- Total Assets: $98,912
- Total Liabilities: $0
- Net Assets: $98,912
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Organization Details
Founding Year
2013
Principal Officer
Jung Joo Hwang
Website
www.house-of-korea.orgNTEE Category
Code: A99 - Arts
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