Korean American Community Services
Unable to Verify
Unable to Verify
Standards Legend
- Meets Standards
- Standards Not Met
- Did Not Disclose
- Review In Progress
- Unable to Verify
Standards For Charity Accountability
Governance
Measuring Effectiveness
Finances
Fundraising & Info
Conclusion
Korean American Community Services meets the remaining 0 Standards for Charity Accountability.
Purpose
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Year, State Incorporated
1972, IL
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Stated Purpose
Korean American Community Services exists to celebrate our ethnicity and to empower all members of our community by providing comprehensive social services.
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Also Known As:
KACS
Programs
KACS departments include a early childhood center, workforce services, ESL and computer education, breast and cervical cancer services, mental health and wellness counseling, public benefit application services, immigration services, a pro bono legal clinic, and senior housing management and services.
For the year ended June 30, 2015, Korean American Community Services program expenses were:
| Program Expenses | $2,078,052 |
Governance & Staff
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CEO
Inchul Choi, Executive Director
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Compensation*
$72,456.00
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Board Chair
Arnold Park
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Chair's Profession / Business Affiliation
President, Alicia International, Attorney
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Board Size
16
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Paid Staff Size
35
Fundraising
Fundraising costs were 8% of related contributions. (Related contributions, which totaled $461,567, are donations received as a result of fundraising activities.)
Tax Status
This organization is tax-exempt under section 501(c)(3) of the Internal Revenue Code. It is eligible to receive contributions deductible as charitable donations for federal income tax purposes.
Financial
The following information is based on Korean American Community Services's Audited financial statements for the fiscal year ending June 30, 2015
Breakdown of Expenses
| Total Income | $2,345,012 |
| Total Expenses: | $2,453,216 |
| Program Expenses | $2,078,052 |
| Fundraising Expenses | $38,744 |
| Administrative Expenses | $336,420 |
| Other Expenses | $0 |
| Expenses in Excess of Income | $108,204 |
| Beginning Net Assets | $632,508 |
| Ending Net Assets | $524,304 |
| Total Liabilities | $624,906 |
| Total Assets | $1,149,210 |
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