The Korean American Senior Citizens Society of Greater Ny Inc
Nonprofit profile at a glance
- EIN
- 112455396
- IRS 990 coverage
- 2019–2025
- Forms available
- Form 990 2025, Form 990-EZ 2018
- Location
- Flushing, NY, USA
- Phone
- 7184613545
- Rating
- 52
- Verdict
- MIXED
- Rating confidence
- Moderate
- Sector
- Senior Centers
Reported finances
- Revenue
- $222,678
- Expenses
- $248,452
- Assets
- $206,151
- Liabilities
- $4,520
Source: IRS Form 990. Selected filing: tax year 2025. Amounts in USD.
Leadership & pay
4 people listed
Executive titles in this filing
- SEUNG SEOK LEE (PRESIDENT)
Highest reported compensation
- EUN HYE KIM (DIRECTOR): $28,603 total reported compensation
- HOSUAH CHANG (DIRECTOR): $18,946 total reported compensation
- SEUNG SEOK LEE (PRESIDENT): $11,507 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2025. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
To serve social service, english education and other services to senior citizens.
What it reported doing in 2025
Youth leadership & violence prevention program
Operating model
- Revenue model
- Grant-funded. 77% of the money available for current operations came from government grants.
- 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 most voting board members are independent. 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: 24
- Transparency & Controls: 90
- Accountability: 63
- Sustainability: 24
- Growth: 40
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 28%; rating input score 28
- Program expense ratio: 25.1%; rating input score 25
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 64th percentile among comparable filings
- Pay-setting controls: Limited
- Foreign activity oversight: Limited
- Grant itemization coverage: Limited
- Major donor itemization: Limited
- Related-party transparency: Limited
Accountability
- Independent voting board: 100%; rating input score 100; 64th percentile among comparable filings
- Governance controls: 1 of 9 controls in place; rating input score 12
- Conflict-of-interest policy: Fail
- Whistleblower policy: Fail
- Document-retention policy: Fail
- CEO compensation review process: Fail
- Other executive compensation review process: Limited
- Form 990 shared with the board: Fail
- Board meeting minutes documented: Pass
- Audit committee oversight: Missing
- Independent financial-statement audit: Fail
Sustainability
- Operating margin: -11.6%; rating input score 17; 17th percentile among comparable filings
- Total-asset coverage ratio: 0.83; rating input score 36; 36th percentile among comparable filings
- Liabilities to assets ratio: 0.02; rating input score 34; 34th percentile among comparable filings
- Officer compensation ratio: 27.6%; rating input score 12; 12th percentile among comparable filings
Growth
- Program expense growth: -2.9% per year; rating input score 0; 20th percentile among comparable filings
- Revenue growth: 5% per year; rating input score 100; 48th percentile among comparable filings
- Asset growth: -1% per year; rating input score 0; 19th percentile among comparable filings
Details
- Where the money goes: 28% of revenue deployed · 25.1% of spending went to programs
- Governance: 4 of 4 board members independent · 1 of 9 filing controls reported
- Programs: 4 filed program accomplishments · $62K in reported program spending
- Leadership: top reported pay $29K · 4 people listed
- Consistency: 25 of 25 current checks pass
- Schedules: 3 filed schedules
- Filing history: 7 filing years from 2019 to 2025
- Contacts: How to reach this organization
- Money network: 4 filed money-flow records
- 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 28/100.
- High — Financial Efficiency: Program expense ratio scored 25/100.
- High — Accountability: Governance controls: 6 of 7 not reported.
- High — Growth: Program expense growth scored 0/100.
- High — Sustainability: Operating margin scored 17/100.
- High — Growth: Asset growth scored 0/100.
- Moderate — Sustainability: Total-asset coverage ratio scored 36/100.
- High — Sustainability: Officer compensation ratio scored 12/100.
- Moderate — Sustainability: Liabilities to assets ratio scored 34/100.