Bay Area K-group Inc
Nonprofit profile at a glance
- EIN
- 510656931
- IRS 990-EZ coverage
- 2019–2024
- Forms available
- Form 990-EZ 2024, Form 990-N 2018
- Location
- Sunnyvale, CA, USA
- Phone
- 5106938524
- Rating confidence
- Limited
- Sector
- Professional Societies, Associations
Reported finances
- Revenue
- $93,529
- Expenses
- $98,550
- Assets
- $97,374
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
8 people listed
Executive titles in this filing
- DAE HYUNG JEE (Vice President)
- JINSEOP SIM (President)
- JENNY LEE (President)
- SANGHO EUM (Vice President)
People named in this filing
- DAE HYUNG JEE (Vice President)
- HALEY PARK (Director)
- JINSEOP SIM (President)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Founded in 2007, Bay Area K-Group (BAKG) is a charitable, educational, and scientific non-profit organization for professionals working in high-tech industry in the San Francisco Bay Area. Though monthly seminars, workshops, conferences, and community volunteer programs, it is committed to promoting the scientific, technological, and entrepreneurial knowledge for the general welfare of society. BAKG also collaborates with diverse nonprofit organizations and contributes to supporting community needs. It is a volunteer-run organization without any paid staff, operated by donations, gifts, and grants.
What it reported doing in 2024
See Schedule 0
Operating model
- Revenue model
- Cannot be determined from the filing. The filing does not provide enough consistent revenue detail to tell how this nonprofit funds its work.
- Distribution model
- Cannot be determined from the filing. The filing does not provide enough consistent spending detail to tell whether the nonprofit works directly or through others.
The verdict
- The available evidence is not sufficient to produce an overall rating for this filing. This is not a warning sign.
Rating breakdown
- Financial Efficiency: NotEnoughData
- Transparency & Controls: 82
- Sustainability: 37
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: Limited
- Program expense ratio: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: -5.4%; rating input score 36; 36th percentile among comparable filings
- Total-asset coverage ratio: 0.99; rating input score 46; 46th percentile among comparable filings
- Liabilities to assets ratio: Limited
- Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings
Growth
- Program expense growth: 13.7% per year; rating input score 100; 76th percentile among comparable filings
- Revenue growth: 0.2% per year; rating input score 100; 52nd percentile among comparable filings
- Asset growth: 12.7% per year; rating input score 100; 77th percentile among comparable filings
Details
- Where the money goes: Financial trends and filed revenue, expense, asset, and liability detail
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment
- Leadership: top reported pay $0 · 8 people listed
- Consistency: 5 of 5 current checks pass
- Schedules: 2 filed schedules
- Filing history: 5 filing years from 2019 to 2024
- Contacts: How to reach this organization
- Money network: Resolved incoming and outgoing counterparties from filed money flows.
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- Moderate — Sustainability: Operating margin scored 36/100.
- Moderate — Sustainability: Total-asset coverage ratio scored 46/100.
- Review — Sustainability: Officer compensation ratio scored 56/100.