funder logo

KOREAN-AMERICAN COMMUNITY FOUNDATION INC

KOREAN-AMERICAN COMMUNITY FOUNDATION INC

New York, NY, US
501(c)3
EIN
16-1643114
Community Foundation
funder logo

KOREAN-AMERICAN COMMUNITY FOUNDATION INC

New York, NY, US
501(c)3
EIN
16-1643114
Community Foundation

Income Statement

Fiscal Year Start:
Jan 1
Data visualization unavailable
Revenues in 2024

$8,471,216

Contributions
N/A
Fundraising Events
N/A
Investments
N/A
Government Grants
N/A
Program Services
N/A
Membership Dues
N/A
Expenses in 2024

$6,339,018

Grants
71%
Salaries & Benefits
20%
Other
5%
Fees to Service Providers
2%
Offices, Occupancy & IT
2%
Advertising & Promotion
<1%
Depreciation
<1%
Benefits to Members
0%
Interest
0%
Revenues
2023
2024
Change
Contributions
$792,489
$5,700,502
+619%
Government Grants
$0
$0
-
Fundraising Events
$1,823,316
$2,534,480
+39%
Program Services
$0
$0
-
Membership Dues
$0
$0
-
Investments
$189,273
$403,893
+113%
Other
-$81,507
-$167,659
+106%
Total Revenues
$2,723,571
$8,471,216
+211%
Expenses
2023
2024
Change
Grants
$2,029,500
$4,490,289
+121%
Benefits to Members
$0
$0
-
Salaries & Benefits
$1,024,713
$1,264,168
+23%
Fees to Service Providers
$39,999
$158,211
+296%
Advertising & Promotion
$0
$2,650
-
Offices, Occupancy & IT
$117,523
$132,261
+13%
Interest
$0
$0
-
Depreciation
$1,250
$1,286
+3%
Other
$165,467
$290,153
+75%
Total Expenses
$3,378,452
$6,339,018
+88%
Net income
2023
2024
Change
Net income
-$654,881
+$2,132,198
-426%
Functional Expenses
Summary
2023
2024
Change
Program
$2,608,725
$5,317,176
+104%
Admin
$375,111
$535,124
+43%
Fundraising
$394,616
$486,718
+23%
Total Expenses
$3,378,452
$6,339,018
+88%
Income Statement
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