Silicon Valley Korean School

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

EIN: 912013547 ✦ Cupertino, CA ✦ Designated as a 501(c)(3)

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Overview

What is Silicon Valley Korean School?

Silicon Valley Korean School is a nonprofit organization situated in Cupertino, California, specifically at 21070 Homestead Road 105. Their primary focus is on educating the Korean language and culture to both Korean children and individuals who have an interest in learning about these aspects. With a dedicated workforce of 79 employees, the school offers a comprehensive learning experience to anyone who seeks to immerse themselves in Korean culture and language.


Official website here: www.svks.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 81%, Three-Star out of Four Star rating. This rating reflects the organization's commitment to accountability and finance, which is essential for building trust with donors. The score is based entirely on financial metrics, indicating a strong performance in managing funds and resources effectively.

Silicon Valley Korean School demonstrates strong governance with a fully independent board and robust policies in place, including a conflict of interest policy and a whistleblower policy. The organization also maintains transparency with a complete record of board meeting minutes and appropriate website disclosures, which are crucial for accountability.

However, the overall rating does not encompass other potential performance areas like program impact or donor satisfaction, which are essential for a comprehensive evaluation of the nonprofit's effectiveness. While the financial management appears solid, prospective donors may seek additional information regarding the organization's outcomes and community impact.


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

Is Silicon Valley Korean School legitimate?

Silicon Valley Korean School is a legitimate nonprofit organization registered as a 501(c)(3) entity. Silicon Valley Korean School 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: $54,125
Professional Fundraising Fees: $0
Other Salaries and Wages: $309,006

For more financial information, click here


Official website here: www.svks.org

What is the mission statement of Silicon Valley Korean School?

The Silicon Valley Korean School is dedicated to spreading the knowledge of the Korean language and culture to anyone who expresses interest in learning. Their mission is focused on educating both Korean children and individuals from various backgrounds in the intricacies of the Korean language and culture. The school serves as a platform for fostering cultural awareness and appreciation, making it accessible to a diverse range of learners.


Official website here: www.svks.org

Who is the CEO of Silicon Valley Korean School?

Daniel Cho is the Treasurer of Silicon Valley Korean School.


Official website here: www.svks.org

What is the revenue of Silicon Valley Korean School?

Silicon Valley Korean School's revenue in 2022 was $982,462.


Official website here: www.svks.org

Who are the executives of Silicon Valley Korean School and what are their salaries?

The average compensation at Silicon Valley Korean School during 2022 was $4,597. There are 79 employees and 182 volunteers at Silicon Valley Korean School.


Here are 11 key members and their salaries:


Young Sook Kim (Principal)
  • Compensation: $26,372
  • Related: $0
  • Other: $0
Nan Mo Moon (Vice Principal)
  • Compensation: $18,735
  • Related: $0
  • Other: $0
Ok Soon An (Director)
  • Compensation: $9,018
  • Related: $0
  • Other: $0
David Chun (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sunai Raillard (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
S Michael Lee (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ji Hye Hur (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jane Lee (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Keunbone Kim (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Daniel Cho (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Meredith Park (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.svks.org

Where can I find the form 990 for Silicon Valley Korean School?

Silicon Valley Korean School's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.svks.org

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

Mission Statement of Silicon Valley Korean School

The Silicon Valley Korean School is dedicated to the mission of educating individuals interested in learning both the Korean language and culture. This nonprofit organization strives to provide a comprehensive learning experience, catering to the needs of Korean children as well as those who have a curiosity for Korean culture. Through their educational programs, they aim to foster a deep understanding and appreciation of Korean traditions and language, making it accessible to anyone who seeks to learn.

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Impact




July, 2024

Silicon Valley Korean School plays a crucial role in preserving and promoting Korean language and culture in the heart of Cupertino, California. By offering educational programs to Korean children and anyone interested in learning, the school serves as a vital hub for the Korean community in the area. Through its mission to educate and promote Korean language and culture, Silicon Valley Korean School fosters cross-cultural understanding and appreciation, contributing to a more diverse and enriched community. Its impact extends beyond the classroom, helping to connect people through the arts and traditions of Korea.




This information is meant to be a general summary of Silicon Valley Korean School. 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
$982,462 (2022)
Expenses
$669,772 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $1,273
  • Program Service Revenue: $810,079
  • Gross Receipts: $984,787

Assets and Liabilities:

  • Total Assets: $1,496,160
  • Total Liabilities: $1,811
  • Net Assets: $1,494,349

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

Program Service Revenue

Revenue

$810,079

Organization Details

Founding Year

1997

Principal Officer

Daniel Cho

Main Address

21070 Homestead Road 105, Cupertino, CA, 95014

NTEE Category

Code: A70 - Arts

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