Korean Air Conditioning & Refriger- Tion Association of Ny Inc
Nonprofit profile at a glance
- EIN
- 113261970
- IRS 990-EZ coverage
- 2012–2025
- Forms available
- Form 990-EZ 2025
- Location
- Flushing, NY, USA
- Phone
- 6467392987
- Rating
- 36
- Verdict
- REVIEW
- Rating confidence
- Moderate
- Sector
- Business and Industry
Reported finances
- Revenue
- $57,454
- Expenses
- $92,875
- Assets
- $191,522
Source: IRS Form 990-EZ. Selected filing: tax year 2025. Amounts in USD.
Leadership & pay
2 people listed
Executive titles in this filing
- KWANG MAN LEE (PRESIDENT)
People named in this filing
- KWANG MAN LEE (PRESIDENT)
- SUNGGIL SHIN (TREASURER)
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
Business leagues activity to help each members under the sec 501(c)(6)
What it reported doing in 2025
To generally purchase or acquire property, personal and real may be useful to the conduct of this business as well as to buy, sell and deal in and with, whether at retail or wholesale said goods for all kinds.
Operating model
- Revenue model
- Donor-supported. 94% of the money available for current operations came from contributions and gifts.
- Distribution model
- Transfer-based 990-EZ. The 990-EZ reports grants or member benefits, but it does not separate enough spending to show the nonprofit’s full delivery mix.
The verdict
REVIEW - The filed numbers largely add up. A relatively small share of available resources goes toward mission work and expenses are high relative to revenue.
Rating breakdown
- Financial Efficiency: 2
- Transparency & Controls: 82
- Sustainability: 31
- Growth: 20
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 3.4%; rating input score 3
- Program expense ratio: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: -61.7%; rating input score 10; 10th percentile among comparable filings
- Total-asset coverage ratio: 2.06; rating input score 66; 66th 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: -5.2% per year; rating input score 0; 35th percentile among comparable filings
- Revenue growth: -4.3% per year; rating input score 0; 35th percentile among comparable filings
- Asset growth: 4.7% per year; rating input score 100; 55th percentile among comparable filings
Details
- Where the money goes: 3.4% of revenue deployed
- Governance: Filed governance answers
- Accomplishments: 2 filed program accomplishments
- Leadership: top reported pay $0 · 2 people listed
- Consistency: 5 of 5 current checks pass
- Schedules: 1 filed schedules
- Filing history: 14 filing years from 2012 to 2025
- 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 3/100.
- High — Sustainability: Operating margin scored 10/100.
- High — Growth: Program expense growth scored 0/100.
- High — Growth: Revenue growth scored 0/100.
- Review — Sustainability: Officer compensation ratio scored 56/100.