The Korean American Family Service Center Inc
Nonprofit profile at a glance
- EIN
- 133609811
- IRS 990 coverage
- 2019–2024
- Forms available
- Form 990 2024
- Location
- Flushing, NY, USA
- Phone
- 7184603801
- Rating
- 77
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Family Violence Shelters
Reported finances
- Revenue
- $4,851,969
- Expenses
- $3,611,304
- Assets
- $10,830,083
- Liabilities
- $1,587,803
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
17 people listed
Executive titles in this filing
- JEEHAE FISCHER (EXECUTIVE DIRECTOR)
Highest reported compensation
- JEEHAE FISCHER (EXECUTIVE DIRECTOR): $193,212 total reported compensation
- MI JUNG YOU (DEPUTY DIRECTOR): $159,698 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
The korean-american family service center, inc. Kafsc supports empowers adults, youth children in the New York tri-state area to lead safe healthy lives based on dignity, compassion mutual respect. Kafsc is committed to preventing ending domestic violence, sexual assault relationship abuse, creating a violence-free society.
What it reported doing in 2024
Kafsc offers programs to strengthen communication and parenting skills, increase economic self-sufficiency, promote the positive development of children and youth, and provides counseling, advocacy and education in a culturally and linguistically appropriate setting.
Operating model
- Revenue model
- Mixed. Its operating money came from several sources; no one source provided a clear majority.
- 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.
- Includes noncash contributions: Reported contributions include donated property or goods.
The verdict
SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. Some filing-based governance responses are negative or unanswered and reported officer compensation is a large share of total spending, which may reflect staffing concentration.
Rating breakdown
- Financial Efficiency: 68
- Transparency & Controls: 75
- Accountability: 95
- Sustainability: 70
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 63.6%; rating input score 64
- Program expense ratio: 77.9%; rating input score 78
- Fundraising efficiency: $22.53 raised per $1 spent on fundraising; rating input score 62; 62nd percentile among comparable filings
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
- Pay-setting controls: 1 of 6 controls in place; rating input score 17
- Compensation committee: Missing
- Independent consultant: Missing
- Other Form 990s reviewed: Missing
- Written employment contract: Missing
- Compensation survey or study: Missing
- Board or committee approval: Pass
- Foreign activity oversight: Limited
- Grant itemization coverage: 100%; rating input score 100; 72nd percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Limited
Accountability
- Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
- Governance controls: 8 of 9 controls in place; rating input score 89
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: Pass
- Other executive compensation review process: Pass
- Form 990 shared with the board: Fail
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: 25.6%; rating input score 81; 81st percentile among comparable filings
- Total-asset coverage ratio: 3; rating input score 74; 74th percentile among comparable filings
- Liabilities to assets ratio: 0.15; rating input score 51; 51st percentile among comparable filings
- Officer compensation ratio: 9.8%; rating input score 31; 31st percentile among comparable filings
Growth
- Program expense growth: 8.6% per year; rating input score 100; 58th percentile among comparable filings
- Revenue growth: 11.2% per year; rating input score 100; 72nd percentile among comparable filings
- Asset growth: 19.1% per year; rating input score 100; 82nd percentile among comparable filings
Details
- Where the money goes: 63.6% of revenue deployed · 77.9% of spending went to programs
- Governance: 15 of 15 board members independent · 8 of 9 filing controls reported
- Programs: 1 filed program accomplishment · $2.8M in reported program spending
- Leadership: top reported pay $193K · 17 people listed · 1 of 6 pay-setting controls reported
- Highest-paid contractors: 1 contractor listed · $119K reported
- Consistency: 39 of 39 current checks pass
- Schedules: 8 filed schedules · includes major donors, grants, and executive pay
- Filing history: 6 filing years from 2019 to 2024
- Contacts: How to reach this organization
- Money network: 3 filed money-flow records
- Related organizations: 1 filed related-organization link
- 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.
- Staff and benefit plans: Retirement and health plans the organization files with the Department of Labor, and the people in them.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- Review — Accountability: Governance controls: Form 990 shared with the board not reported.
- Moderate — Sustainability: Officer compensation ratio scored 31/100.
- Review — Sustainability: Liabilities to assets ratio scored 51/100.