Korean Seafood Association of Ny Inc
Nonprofit profile at a glance
- EIN
- 113278319
- IRS 990-EZ coverage
- 2019–2025
- Forms available
- Form 990 2023, Form 990-EZ 2025
- Location
- Bronx, NY, USA
- Phone
- 7183784848
- Rating confidence
- Limited
- Sector
- Chambers of Commerce & Business Leagues
Reported finances
- Revenue
- $75,688
- Expenses
- $68,678
- Assets
- $45,206
Source: IRS Form 990-EZ. Selected filing: tax year 2025. Amounts in USD.
Leadership & pay
1 person listed
People named in this filing
- JOHN YU (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
The purposes for which the corporation is formed are as follows: to promote, faster and advance in every lawful manner, the common interests and goals of those engaged in the seafood business; to certent and solidify friendly relations good fellowship and coopoeration amoing its members; to advocate and encourage the exchange of ideas among its members and to give proper considereation to questions affecting koreans in the seafood business; to acquire, assemble, preserve and disseminate valuable business information essential for the adequate conduct of their business. However, nothing herein shall authorize this corporation to control or otherwise deal with prices or to restrict competition, nor to interfere with its members in the independent conduct of their business.
What it reported doing in 2025
To promote members' fellowship and scholarships
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
- Cannot be determined from the filing. The filing does not provide enough consistent spending detail to tell whether the nonprofit works directly or through others.
The verdict
- The available evidence is not sufficient to produce an overall rating for this filing. This is not a warning sign.
Rating breakdown
- Financial Efficiency: NotEnoughData
- Transparency & Controls: 82
- Sustainability: 45
- Growth: 20
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: Limited
- 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: 9.3%; rating input score 59; 59th percentile among comparable filings
- Total-asset coverage ratio: 0.66; rating input score 37; 37th 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: -0.1% per year; rating input score 0; 49th percentile among comparable filings
- Asset growth: 6.3% per year; rating input score 100; 60th percentile among comparable filings
Details
- Where the money goes: Financial trends and filed revenue, expense, asset, and liability detail
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment
- Leadership: top reported pay $0 · 1 people listed
- Consistency: 5 of 5 current checks pass
- Schedules: 1 filed schedules
- Filing history: 6 filing years from 2019 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 — Growth: Revenue growth scored 0/100.
- Review — Sustainability: Operating margin scored 59/100.
- Moderate — Sustainability: Total-asset coverage ratio scored 37/100.
- Review — Sustainability: Officer compensation ratio scored 56/100.