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Kkottongnae Inc

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

EIN: 954724074 ✦ Lynwood, CA ✦ Designated as a 501(c)(3)

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Overview

What is Kkottongnae Inc?

Kkottongnae Inc is a charitable nonprofit organization situated in Lynwood, California, specifically at 3542 Norton Ave. Their primary objective is to bring joy, peace, and hope to individuals who are in dire need and lack the ability to seek help, primarily due to an emotional void rather than physical hunger. The organization operates with a mission to alleviate the suffering of the helpless, providing them with a sense of love and compassion. While the specific programs and initiatives offered by Kkottongnae Inc are not specified in the provided information, their overarching goal is to offer support and uplift those who find themselves in challenging circumstances.

What are the reviews and ratings of this charity?

Rating from Charity Navigator: 67% (Two-Star out of Four Star rating)

Kkottongnae Inc has received a Two-Star rating from Charity Navigator, indicating a moderate level of accountability and financial health. The score reflects a strong performance in several key areas, including accountability, with an independent board and no material diversion of assets. Their program expense ratio is notably high at 98.77%, suggesting that the majority of their funds directly support their mission.

The organization's board composition is favorable, with 66% of its members being independent, which enhances governance and oversight. Additionally, Kkottongnae Inc complies with transparency practices, such as documenting board meeting minutes, which contributes positively to its accountability score.

However, the overall score remains limited by the lack of additional beacon scores, as it is solely based on accountability and finance metrics. While the charity demonstrates strong financial stewardship, the absence of broader performance evaluations may suggest areas for improvement in other aspects of organizational effectiveness.


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

Is Kkottongnae Inc legitimate?

Kkottongnae Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Kkottongnae 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here

What is the mission statement of Kkottongnae Inc?

Kkottongnae Inc's mission is centered around providing assistance to those in need, specifically focusing on individuals who lack the ability to ask for help and are suffering from an emotional hunger for love rather than physical hunger. The organization's objective is to bring joy, peace, and hope to these helpless individuals. This mission is carried out by offering them the love and support they lack, serving as a beacon of hope in their lives.

Who is the CEO of Kkottongnae Inc?

Woong Jin Oh is the Ceo of Kkottongnae Inc. The CEO's salary of Kkottongnae Inc is $0 and their total compensation is $0.

What is the revenue of Kkottongnae Inc?

Kkottongnae Inc's revenue in 2022 was $1,949,199.

Who are the executives of Kkottongnae Inc and what are their salaries?

There 20 volunteers at Kkottongnae Inc.


Here are 2 key members and their salaries (Kkottongnae Inc's CEO's salary is $0 and their total compensation is $0):


Woong Jin Oh (Ceo)
  • Compensation: $0
  • Related: $0
  • Other: $0
Hyangbae Lee (Cfo & Sec)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Kkottongnae Inc?

Kkottongnae Inc's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Kkottongnae Inc

Kkottongnae Inc, a charitable organization, is dedicated to bringing Joy, Peace, and Hope to those in need. These individuals are characterized by their helplessness and lack of the ability to ask for assistance. Rather than suffering from physical hunger, they are afflicted by an emotional hunger for love. The organization's mission is to alleviate this emotional distress and provide solace to these individuals.

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Impact




July, 2024

Kkottongnae Inc's impact can be seen in its commitment to providing joy, peace, and hope to those who are most vulnerable and in need. By focusing on helping the helpless who lack the strength to ask for help and who hunger for love more than for material sustenance, Kkottongnae Inc plays a crucial role in addressing the emotional and spiritual needs of individuals in dire circumstances. Through its charitable efforts in Lynwood, CA, the organization aims to uplift and support those who are often overlooked or marginalized in society. Their tag of "Human services" underscores their dedication to serving humanity with compassion and empathy.




This information is meant to be a general summary of Kkottongnae 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.

Revenue
$1,949,199 (2022)
Expenses
$746,589 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $7,402
  • Gross Receipts: $1,949,199

Assets and Liabilities:

  • Total Assets: $8,808,627
  • Total Liabilities: $6,049
  • Net Assets: $8,802,578

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Organization Details

Founding Year

1998

Principal Officer

Woong Jin Oh

Main Address

3542 Norton Ave, Lynwood, CA, 90262

NTEE Category

Code: P20 - Human services

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