America Korea United Society Inc
EIN: 870956388 · Englewood Cliffs, NJ · NTEE: Q99
| Metric | Value |
|---|---|
| Total Revenue | $246K |
| Total Expenses | $231K |
Is America Korea United Society Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About America Korea United Society Inc
America Korea United Society Inc (EIN: 870956388) is a nonprofit organization based in Englewood Cliffs, NJ, classified under NTEE code Q99. The organization reported total revenue of $246K and total assets of $94K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of America Korea United Society Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
America Korea United Society Inc is a small nonprofit that has been operating for 5 years, with 2 years of IRS 990 filings on record (2022–2023). Revenue has grown at a compound annual rate of 170.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $270K |
| Total Expenses | $231K |
| Surplus / Deficit | +$38K |
| Total Assets | $0 |
| Net Assets | $0 |
| Operating Margin | 14.2% |
| Months of Reserves | 0.0 months |
Financial Health Grade: A
In 2023, America Korea United Society Inc reported a surplus of $38K with revenue exceeding expenses, holds 0.0 months of operating reserves (limited).
Financial Trends
Over 2 years of filings (2022–2023), America Korea United Society Inc's revenue has grown at a compound annual growth rate (CAGR) of 170.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +170.5% | +614.9% | -100.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2021 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for America Korea United Society Inc has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates America Korea United Society Inc with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $38K, with revenue exceeding expenses.
Frequently Asked Questions about America Korea United Society Inc
Is America Korea United Society Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, America Korea United Society Inc (EIN: 870956388) insufficient data. 0 red flags identified, 0 strengths noted.
How does America Korea United Society Inc spend its money?
Detailed spending breakdown data is not yet available for America Korea United Society Inc. Check back for updated IRS 990 analysis.
Are donations to America Korea United Society Inc tax-deductible?
America Korea United Society Inc is registered as a tax-exempt nonprofit (EIN: 870956388). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is America Korea United Society Inc located?
America Korea United Society Inc is headquartered in Englewood Cliffs, New Jersey and files with the IRS under EIN 870956388. It is classified under NTEE code Q99.
How many years of IRS 990 filings does America Korea United Society Inc have?
America Korea United Society Inc has 2 years of IRS 990 filings on record at NonprofitSpending. Additional filing years may become available as the IRS releases new data. The most recent filing shows $246K in total revenue.
Filing History
IRS 990 filing history for America Korea United Society Inc showing financial trends over 2 years of public records:
Over 2 years of IRS 990 filings (2022–2023), America Korea United Society Inc's revenue has grown by 170.5%, moving from $100K to $270K. Total assets decreased by 100% over the same period, from $67K to $0. Total functional expenses rose by 614.9%, from $32K to $231K. In its most recent filing year (2023), America Korea United Society Inc reported a surplus of $38K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $270K | $231K | $0 | $0 | — | — |
| 2022 | $100K | $32K | $67K | $0 | — | — |
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for America Korea United Society Inc:
Data Sources and Methodology
This transparency report for America Korea United Society Inc is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.