Kyung Uhn Scholarship Association

Nonprofit profile at a glance

EIN
463650918
IRS 990-EZ coverage
2014–2024
Forms available
Form 990-EZ 2024, Form 990-N 2015
Location
Fort Lee, NJ, USA
Phone
2012733441
Rating
82
Verdict
STRONG
Rating confidence
Moderate
Sector
Scholarships, Student Financial Aid Services, Awards

Official website

Reported finances

Revenue
$22,581
Expenses
$15,894
Assets
$100,605

Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

11 people listed

Executive titles in this filing

  • YANG IN-YOUNG (PRESIDENT)

People named in this filing

  • PARK SUSAN C (TRUSTEE)
  • LEE EUN-SOOK (TRUSTEE)
  • JUHNG SOON-YANG (CHAIR-BOARD)

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

To promote greater understanding of korean history, culture, and people on the part of young students so that they may become more effecitve contributing members of today's multicultural society.

What it reported doing in 2024

To promote greater understanding of korean history, culture, and people on the part of young students so that they may become more effective contributing members of today's multicultural society.

Operating model

Revenue model
Donor-supported. 86% of the money available for current operations came from contributions and gifts.
Distribution model
Hybrid. The nonprofit split its reported program spending across 45% for direct work, and 55% for grants.

The verdict

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Reported officer compensation is a large share of total spending, which may reflect staffing concentration.

Rating breakdown

  • Financial Efficiency: 82
  • Transparency & Controls: 82
  • Sustainability: 70
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 72.5%; rating input score 73
  • Program expense ratio: 96.8%; rating input score 97

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
  • Major donor itemization: Limited

Sustainability

  • Operating margin: 29.6%; rating input score 81; 81st percentile among comparable filings
  • Total-asset coverage ratio: 6.33; rating input score 87; 87th 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: 14.2% per year; rating input score 100; 77th percentile among comparable filings
  • Revenue growth: 12% per year; rating input score 100; 84th percentile among comparable filings
  • Asset growth: 13.4% per year; rating input score 100; 78th percentile among comparable filings

Details

  • Where the money goes: 72.5% of revenue deployed · 96.8% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 2 filed program accomplishments · $15K in reported program spending
  • Leadership: top reported pay $0 · 11 people listed
  • Consistency: 7 of 7 current checks pass
  • Schedules: 2 filed schedules
  • Filing history: 9 filing years from 2014 to 2024
  • 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.

  • Review — Sustainability: Officer compensation ratio scored 56/100.