Overview
What is Lakff Corp?
Lakff Corp, also known as the Los Angeles Korean Festival, is a small, nonprofit organization situated in Los Angeles, California. Their primary mission is to foster unity within the community by organizing cultural events and festivals. With just one employee, they work diligently to promote community cohesion and celebrate diverse cultures through these events. Their headquarters are located at 965 S Normandie Ave Unit 102, Los Angeles, CA 90006.
Official website here: www.lakoreanfestival.org
Is Lakff Corp legitimate?
Lakff Corp is a legitimate nonprofit organization registered as a 501(c)(4) entity. Lakff Corp 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: $54,928
For more financial information, click here
Official website here: www.lakoreanfestival.org
What is the mission statement of Lakff Corp?
Lakff Corp's mission is to foster community unity by organizing and hosting cultural festivals. These events serve as a platform for diverse communities to come together, share their cultures, and strengthen their bond. By promoting these festivals, Lakff Corp aims to contribute to a more united and inclusive community. The organization operates with the goal of hosting community festivals, which not only celebrate cultural diversity but also promote social cohesion.
Official website here: www.lakoreanfestival.org
Who is the CEO of Lakff Corp?
Moo Han Bae is the Chief Executive Officer of Lakff Corp. The CEO's salary of Lakff Corp is $0 and their total compensation is $0.
Official website here: www.lakoreanfestival.org
What is the revenue of Lakff Corp?
Lakff Corp's revenue in 2022 was $1,054,561.
Official website here: www.lakoreanfestival.org
Who are the executives of Lakff Corp and what are their salaries?
The average compensation at Lakff Corp during 2022 was $54,928. There is 1 employee at Lakff Corp.
Here are 2 key members and their salaries (Lakff Corp's CEO's salary is $0 and their total compensation is $0):
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.lakoreanfestival.org
Where can I find the form 990 for Lakff Corp?
Lakff Corp's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.lakoreanfestival.org
Learn more at the official website: www.lakoreanfestival.org
Mission Statement of Lakff Corp
Lakff Corp, a notable entity, is committed to fostering unity within diverse communities. They achieve this objective by organizing and promoting festivals and cultural events. By bringing people together through shared celebrations, Lakff Corp aims to bridge cultural gaps and promote a sense of community cohesion. The organization's activities are centered around hosting community festivals, which serve as platforms for celebrating various cultures and fostering understanding among people from different backgrounds. In doing so, Lakff Corp plays a significant role in promoting unity and encouraging dialogue among diverse communities.
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Impact
October, 2024
Lakff Corp plays a vital role in fostering community unity in Los Angeles by organizing a variety of cultural festivals and events. Through these activities, the organization brings together diverse groups, encouraging intercultural dialogue and understanding. By highlighting different cultures, Lakff Corp creates an inclusive environment where residents can share traditions, art, and food, enriching the local cultural landscape.
The festivals not only provide entertainment but also serve as a platform for community members to connect, collaborate, and celebrate their unique heritages. This engagement helps to break down barriers, dispel stereotypes, and build lasting relationships among individuals from different backgrounds.
Overall, Lakff Corp significantly contributes to the vibrancy and cohesion of the local community, making Los Angeles a more connected and culturally rich city.
This information is meant to be a general summary of Lakff Corp. 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.
- Program Service Revenue: $698,197
- Gross Receipts: $1,054,561
Assets and Liabilities:
- Total Assets: $19,440
- Total Liabilities: $50
- Net Assets: $19,390
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
BOOTH SALES
Revenue
$695,650
BEER GARDEN SALES
Revenue
$2,547
Organization Details
Founding Year
1999
Principal Officer
Moo Han Bae
Main Address
965 S NORMANDIE AVE UNIT 102, Los Angeles, CA, 90006
Website
www.lakoreanfestival.orgNTEE Category
Code: N52 - Recreation
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