Korean American Association of Greater Montgomeryinc
Nonprofit profile at a glance
- EIN
- 300263783
- IRS 990-EZ coverage
- 2010–2016
- Forms available
- Form 990-EZ 2016
- Location
- Montgomery, AL, USA
- Phone
- 3343561720
- Rating
- 36
- Verdict
- REVIEW
- Rating confidence
- Moderate
- Sector
- Cultural, Ethnic Awareness
Reported finances
- Revenue
- $123,544
- Expenses
- $114,676
- Assets
- $64,205
- Liabilities
- $214
Source: IRS Form 990-EZ. Selected filing: tax year 2016. Amounts in USD.
Leadership & pay
1 person listed
Executive titles in this filing
- SOON HAE AHN (PRESIDENT)
People named in this filing
- SOON HAE AHN (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 2016. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
The korean american association is to assistant korean who are new to this country to be family with new environments and build up friendsip withamericans in montgomery
What it reported doing in 2016
The korean american association is to assist koreans who are new to this country to be familiar with new enviroment and build up friendship with americans in montgomery
Operating model
- Revenue model
- Donor-supported. 100% of the money available for current operations came from contributions and gifts.
- Distribution model
- No current program activity. The filing reports no program spending for the current year.
The verdict
REVIEW - The filed numbers largely add up. A relatively small share of available resources goes toward mission work and a relatively small share of total spending goes to programs.
Rating breakdown
- Financial Efficiency: 0
- Transparency & Controls: 82
- Sustainability: 54
- Growth: 0
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 0%; rating input score 0
- Program expense ratio: 0%; rating input score 0
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: 7.2%; rating input score 56; 56th percentile among comparable filings
- Total-asset coverage ratio: 0.56; rating input score 44; 44th percentile among comparable filings
- Liabilities to assets ratio: 0; rating input score 63; 63rd percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 65; 65th percentile among comparable filings
Growth
- Program expense growth: Limited
- Revenue growth: -7.2% per year; rating input score 0; 9th percentile among comparable filings
- Asset growth: -7% per year; rating input score 0; 18th percentile among comparable filings
Details
- Where the money goes: 0% of revenue deployed · 0% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment
- Leadership: top reported pay $0 · 1 people listed
- Consistency: 8 of 8 current checks pass
- Schedules: 2 filed schedules
- Filing history: 7 filing years from 2010 to 2016
- 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.
Grant-readiness screening is separate from the live rating, not a measure of program quality. Review the source records before making a grant decision.
- High — Financial Efficiency: Mission deployment rate scored 0/100.
- High — Financial Efficiency: Program expense ratio scored 0/100.
- High — Growth: Revenue growth scored 0/100.
- High — Growth: Asset growth scored 0/100.
- Review — Sustainability: Operating margin scored 56/100.
- Moderate — Sustainability: Total-asset coverage ratio scored 44/100.
- High — Grant Readiness: Automatic revocation: this organization had its federal tax-exempt status automatically revoked.