Overview
What is Korean American Educational Research Center?
The Korean American Educational Research Center is a nonprofit organization devoted to enhancing educational prospects for Korean descendants. By conducting research, studying, and developing educational programs, this organization aims to cater to the needs of students and adults within this community. They actively promote and support projects that positively impact these individuals, extending their assistance through scholarships and published literature for those in financial need.
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement (Two-Star out of Four Star rating, 73%)
The Korean American Educational Research Center has received a two-star rating from Charity Navigator, indicating that while it performs well in certain areas, there are significant areas that require attention. The organization excels in accountability and finance, achieving a perfect score of 100% in this category. Highlights include an independent board with 10 out of 10 points, and a strong program expense ratio of 96.59%, indicating that a large portion of its expenditures goes directly to its programs.
However, there are notable shortcomings that affect its overall rating. The organization has several missing policies, including a conflict of interest policy, a whistleblower policy, and a document retention and destruction policy, each scoring zero out of seven points. Additionally, the tax form website is missing, which further impacts transparency, as shown by a score of zero out of three points in that area.
Overall, while the Korean American Educational Research Center demonstrates strong fiscal management and board independence, it needs to address its policy deficiencies to enhance its accountability and governance practices. Addressing these issues could significantly improve its standing and effectiveness in serving its mission.
This AI summary has been generated from information found on Charity Navigator.
Is Korean American Educational Research Center legitimate?
Korean American Educational Research Center is a legitimate nonprofit organization registered as a 501(c)(3) entity. Korean American Educational Research Center 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 Korean American Educational Research Center?
The Korean American Educational Research Center is dedicated to conducting research, studies, and developing educational opportunities for Korean descent students and adults. Their primary objective is to promote educational programs and projects that positively impact this community. Furthermore, they provide financial assistance in the form of scholarships and published books to those in need. The center's efforts aim to enhance the educational experiences of Korean descendant students and adults, thereby empowering them to succeed.
Who is the CEO of Korean American Educational Research Center?
Jong Whan Cha is the Treasurer of Korean American Educational Research Center.
What is the revenue of Korean American Educational Research Center?
Korean American Educational Research Center's revenue in 2022 was $24,847.
Who are the executives of Korean American Educational Research Center and what are their salaries?
Here are 3 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Korean American Educational Research Center?
Korean American Educational Research Center's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Korean American Educational Research Center
The Korean American Educational Research Center, a nonprofit organization, is dedicated to conducting research, studying, and developing educational opportunities for individuals of Korean descent. This center promotes educational programs and projects aimed at benefiting this specific community. In addition, they provide financial aid in the form of scholarships and published books to needy students, furthering their educational pursuits. By doing so, the Korean American Educational Research Center plays a significant role in supporting the educational growth and development of Korean descendant students and adults.
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Impact
August, 2024
The Korean American Educational Research Center has had a significant impact on the Korean descendant community, particularly in Los Angeles, CA. Through their research, studies, and development of educational opportunities, they have helped empower Korean students and adults by promoting educational programs and projects that benefit them. Additionally, the scholarships and published books provided to needy students have played a crucial role in supporting education within the Korean American community. The center's dedication to advancing educational opportunities for Korean descendants demonstrates their commitment to empowering individuals and contributing to the overall educational landscape in the area.
This information is meant to be a general summary of Korean American Educational Research Center. 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: $47
- Gross Receipts: $24,847
Assets and Liabilities:
- Total Assets: $904,962
- Total Liabilities: $0
- Net Assets: $904,962
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Organization Details
Founding Year
1990
Principal Officer
Jong Whan Cha
Main Address
975 S VERMONT AVE STE 201, Los Angeles, CA, 90006
NTEE Category
Code: B99Z - Education
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