Korean American Bar Assoication of Washington
Nonprofit profile at a glance
- EIN
- 912120277
- IRS 990-EZ coverage
- 2024–2024
- Forms available
- Form 990-EZ 2024, Form 990-N 2023
- Location
- Bellevue, WA, USA
- Phone
- 4256334570
- Rating
- 39
- Verdict
- REVIEW
- Rating confidence
- Limited
- Sector
- Chambers of Commerce & Business Leagues
Reported finances
- Revenue
- $67,492
- Expenses
- $71,440
- Assets
- $19,457
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
2 people listed
Executive titles in this filing
- YEJIN KIM (PRESIDENT)
People named in this filing
- JINKYOO LEE (TRESURER)
- YEJIN KIM (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
The korean american bar association is a Washington nonprofit corporation organized to provide services to the korean american community and to the community at large; to develop and encourage cooperation with other organizations of minority attorneys and other korean american professional, educational, and charitable organizations; to promote the professional growth of the members of the corporation; and to engage in any other educational and charitable purpose, and such activities as are incident and related thereto.
What it reported doing in 2024
National kaba reception in napaba conference napaba is the nation's largest asian pacific american membership organization representing the interest of 80,000 attorneys, judges, law professors, and law students. The organization holds annual conference all over the u.s, bar associations of the state where the year's napaba convention venue is often host receptions for conference participants.
Operating model
- Revenue model
- Donor-supported. 85% 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: 10
- Transparency & Controls: 82
- Sustainability: 29
- Growth: NotEnoughData
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 15.7%; rating input score 16
- 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: -5.8%; rating input score 35; 35th percentile among comparable filings
- Total-asset coverage ratio: 0.27; rating input score 20; 20th 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: Limited
- Revenue growth: Limited
- Asset growth: Limited
Details
- Where the money goes: 15.7% of revenue deployed
- Governance: Filed governance answers
- Accomplishments: 4 filed program accomplishments
- Leadership: top reported pay $0 · 2 people listed
- Consistency: 5 of 5 current checks pass
- Schedules: 1 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 16/100.
- Moderate — Sustainability: Operating margin scored 35/100.
- High — Sustainability: Total-asset coverage ratio scored 20/100.
- Review — Sustainability: Officer compensation ratio scored 56/100.