Korean American Law-Enforcement Association of NJ Inc

Nonprofit profile at a glance

EIN
273819405
IRS 990-EZ coverage
2013–2014
Forms available
Form 990-EZ 2014
Location
Fort Lee, NJ, USA
Phone
6465156899
Rating
52
Verdict
MIXED
Rating confidence
Moderate
Sector
Professional Societies, Associations

Reported finances

Revenue
$3,569
Expenses
$3,036
Assets
$6,643

Source: IRS Form 990-EZ. Selected filing: tax year 2014. Amounts in USD.

Leadership & pay

4 people listed

Executive titles in this filing

  • Nam Kyu Cho (President)
  • Jeffrey Ahn (Vice President)

People named in this filing

  • Nam Kyu Cho (President)
  • Jeffrey Ahn (Vice President)
  • Sihoon Chung (Secretary)

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 2014. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

The purpose of this Corporation, a not-for-profit charitable organization is to provide and promote community services and other activities legal/educational in nature within the Northern New Jersey communities with the net proceeds being used exclusively for the charitable purposes within the communities.

What it reported doing in 2014

Donated to the following Sejong Cultural Education, 200 Club of Bergen County - All 501c3 Organizations.

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
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

MIXED - The filed numbers largely add up and revenue comfortably covers expenses. 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: 30
  • Transparency & Controls: 82
  • Sustainability: 60
  • Growth: 20

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 28%; rating input score 28
  • Program expense ratio: 32.9%; rating input score 33

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
  • Major donor itemization: Limited

Sustainability

  • Operating margin: 14.9%; rating input score 71; 71st percentile among comparable filings
  • Total-asset coverage ratio: 2.19; rating input score 69; 69th percentile among comparable filings
  • Liabilities to assets ratio: Limited
  • Officer compensation ratio: 0%; rating input score 57; 57th percentile among comparable filings

Growth

  • Program expense growth: -150.6% per year; rating input score 0; 2nd percentile among comparable filings
  • Revenue growth: -3% per year; rating input score 0; 45th percentile among comparable filings
  • Asset growth: 8.4% per year; rating input score 100; 67th percentile among comparable filings

Details

  • Where the money goes: 28% of revenue deployed · 32.9% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $1K in reported program spending
  • Leadership: top reported pay $0 · 4 people listed
  • Consistency: 6 of 6 current checks pass
  • Schedules: 2 filed schedules
  • Filing history: 2 filing years from 2013 to 2014
  • 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 28/100.
  • Moderate — Financial Efficiency: Program expense ratio scored 33/100.
  • High — Growth: Program expense growth scored 0/100.
  • High — Growth: Revenue growth scored 0/100.
  • Review — Sustainability: Officer compensation ratio scored 57/100.
  • High — Grant Readiness: Automatic revocation: this organization had its federal tax-exempt status automatically revoked.