Overview
What is Korean Resource Center Inc?
The Korean Resource Center Inc, located undisclosed, is a dedicated nonprofit organization that serves the Korean American community. Their primary focus is to educate the public on matters affecting this demographic, advocate for their civil and immigrant rights, encourage grassroots organization and civic participation, and strive to ensure affordable or complimentary healthcare access, providing essential information in patients' native languages. Moreover, they work tirelessly to sustain and fully finance the social service system.
Official website here: www.krcla.org
What are the reviews and ratings of this charity?
Charity Navigator Rating 95%
Korean Resource Center Inc has achieved a commendable Four-Star out of Four Star rating from Charity Navigator, reflecting a high level of accountability and finance management. The organization has demonstrated exemplary governance practices, such as having a fully independent board and effective oversight through an audit committee, which contributes to its strong accountability score.
The financial health of the organization is noteworthy, with a program expense ratio of 78.42%, indicating a significant portion of funds directed towards their programs. Additionally, the fundraising efficiency is impressive, with costs of only $0.03 to raise a dollar, showcasing their effective fundraising strategies and resource management.
While the organization has a liabilities to assets ratio of 38.10%, which is reasonable, it indicates room for improvement in managing their liabilities. Overall, the Korean Resource Center Inc stands out for its strong commitment to transparency and financial responsibility, making it a reliable choice for potential donors.
This AI summary has been generated from information found on Charity Navigator.
Is Korean Resource Center Inc legitimate?
Korean Resource Center Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Korean Resource Center 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: $84,923
Professional Fundraising Fees: $0
Other Salaries and Wages: $613,818
For more financial information, click here
Official website here: www.krcla.org
What is the mission statement of Korean Resource Center Inc?
The Korean Resource Center Inc. is dedicated to educating the public on matters impacting Korean Americans. They actively advocate for their civil rights and immigrants' rights, fostering grassroots organizing and civic participation. The center also works tirelessly to ensure access to affordable or free healthcare services, providing essential information in patients' primary languages. Moreover, the Korean Resource Center aims to preserve and secure funding for the social service system.
Official website here: www.krcla.org
Who is the CEO of Korean Resource Center Inc?
Zuwhan Kim is the Director of Korean Resource Center Inc.
Official website here: www.krcla.org
What is the revenue of Korean Resource Center Inc?
Korean Resource Center Inc's revenue in 2022 was $2,088,542.
Official website here: www.krcla.org
Who are the executives of Korean Resource Center Inc and what are their salaries?
The average compensation at Korean Resource Center Inc during 2022 was $36,776. There are 19 employees and 15 volunteers at Korean Resource Center Inc.
Here are 11 key members and their salaries:
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- Compensation: $76,721
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- Other: $8,202
Official website here: www.krcla.org
Where can I find the form 990 for Korean Resource Center Inc?
Korean Resource Center Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.krcla.org
Learn more at the official website: www.krcla.org
Mission Statement of Korean Resource Center Inc
The Korean Resource Center, a notable organization, is committed to enlightening the public on matters concerning Korean Americans. Its mission extends beyond mere awareness; it also champions the civil and immigrant rights of this community. Furthermore, the Center encourages grassroots organizing and fosters civic participation amongst Korean Americans. A significant aspect of its work involves ensuring access to affordable or free healthcare services, providing vital information in the primary languages of patients. The Korean Resource Center also strives to preserve and secure adequate funding for the social service system, demonstrating its unwavering dedication to the well-being and rights of Korean Americans.
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Impact
July, 2024
Korean Resource Center Inc educates the public on issues affecting Korean Americans, advocates for their civil and immigrant rights, facilitates grassroots organizing and civic participation, and works to ensure access to low-cost or free health care and coverage with information in patients' primary languages. This organization has a significant impact on the Korean American community in Los Angeles by providing essential services and support to promote the well-being and advancement of its constituents. Through their advocacy work and community initiatives, Korean Resource Center Inc plays a vital role in preserving and fully funding the social service system for Korean Americans.
This information is meant to be a general summary of Korean Resource Center 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 2022.
- Investment Income: $1,849
- Program Service Revenue: $84,044
- Gross Receipts: $2,246,531
Assets and Liabilities:
- Total Assets: $4,829,872
- Total Liabilities: $1,840,327
- Net Assets: $2,989,545
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PROGRAM FEES
Revenue
$84,044
Organization Details
Founding Year
1983
Phone
(323) 937-3718Principal Officer
Zuwhan Kim
Main Address
900 CRENSHAW BLVD UNIT B, LOS ANGELES, CA, 90019
Website
www.krcla.orgNTEE Category
Code: P84 - Human services
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