Hansori Korean Cultural Organization Yunjong
Nonprofit profile at a glance
- EIN
- 931383842
- IRS 990-EZ coverage
- 2025–2025
- Forms available
- Form 990-EZ 2025, Form 990-N 2024
- Location
- Fort Collins, CO, USA
- Phone
- 9704332101
- Rating
- 65
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Performing Arts Organizations
Reported finances
- Revenue
- $98,351
- Expenses
- $4,831
- Assets
- $93,577
- Liabilities
- $0
Source: IRS Form 990-EZ. Selected filing: tax year 2025. Amounts in USD.
Leadership & pay
4 people listed
People named in this filing
- Jeonghun Kim (GM & Founder)
- Yunjong Jong (Chair & Treasurer)
- Kyusam Lim (Director)
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 2025. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
To preserve Korean culture through performing arts and education, establishing academic outreach, scholarship funds, and a sustainable operational structure with professional staff and instructors to foster cultural diversity.
What it reported doing in 2025
The organization established a comprehensive strategic framework for its "Hansori Cultural Legacy" initiative, focusing on the preservation and promotion of Korean arts in Northern Colorado. Key accomplishments include the development of a professional governance structure to oversee future branded annual performance series and the initiation of academic outreach planning to establish cultural clubs at local universities such as Colorado State University. The organization formalized the recruitment of expert directors to ensure high-quality artistic instruction and began structuring an endowment fund framework intended for future cultural scholarships and humanities grants. Furthermore, the organization developed a dedicated financial sustainability plan to secure funding for hiring full-time administrative staff and professional instructors, ensuring the long-term operational stability and social impact of its mission to foster cultural diversity through the arts.
Operating model
- Revenue model
- Donor-supported. 95% of the money available for current operations came from contributions and gifts.
- Distribution model
- Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
The verdict
SUPPORTED - The filed numbers largely add up and revenue comfortably covers expenses. A relatively small share of available resources goes toward mission work and reported officer compensation is a large share of total spending, which may reflect staffing concentration.
Rating breakdown
- Financial Efficiency: 41
- Transparency & Controls: 100
- Sustainability: 89
- Growth: NotEnoughData
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 4.9%; rating input score 5
- Program expense ratio: 100%; rating input score 100
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
Sustainability
- Operating margin: 95.1%; rating input score 99; 99th percentile among comparable filings
- Total-asset coverage ratio: 19.37; rating input score 96; 96th percentile among comparable filings
- Liabilities to assets ratio: 0; rating input score 66; 66th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings
Growth
- Program expense growth: Limited
- Revenue growth: Limited
- Asset growth: Limited
Details
- Where the money goes: 4.9% of revenue deployed · 100% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $5K in reported program spending
- Leadership: top reported pay $0 · 4 people listed
- Consistency: 9 of 9 current checks pass
- Schedules: 3 filed schedules
- Contacts: How to reach this organization
- 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.
- High — Financial Efficiency: Mission deployment rate scored 5/100.
- Review — Sustainability: Officer compensation ratio scored 56/100.