Korean Cultural Center Of Greater Kansas City
EIN: 261478732 · Overland Park, KS · NTEE: A20
| Metric | Value |
|---|---|
| Total Revenue | $141 |
| Total Expenses | $531 |
| Net Assets | $207K |
Is Korean Cultural Center Of Greater Kansas City Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Korean Cultural Center Of Greater Kansas City
Korean Cultural Center Of Greater Kansas City (EIN: 261478732) is a nonprofit organization based in Overland Park, KS, classified under NTEE code A20. The organization reported total revenue of $141 and total assets of $207K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Korean Cultural Center Of Greater Kansas City's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Korean Cultural Center Of Greater Kansas City is a micro nonprofit that has been operating for 17 years, with 10 years of IRS 990 filings on record (2011–2021). Revenue has grown at a compound annual rate of -43.3%.
Key Financial Metrics (2021)
From the most recent IRS 990 filing on record:
| Total Revenue | $141 |
| Total Expenses | $531 |
| Surplus / Deficit | $-390 |
| Total Assets | $207K |
| Net Assets | $207K |
| Operating Margin | -276.6% |
| Months of Reserves | 4675.0 months |
Financial Health Grade: B
In 2021, Korean Cultural Center Of Greater Kansas City reported a deficit of $390 with expenses exceeding revenue, holds 4675.0 months of operating reserves (strong position).
Financial Trends
Over 10 years of filings (2011–2021), Korean Cultural Center Of Greater Kansas City's revenue has declined at a compound annual growth rate (CAGR) of -43.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2021 | -57.9% | +1.3% | -0.2% |
| 2020 | -57.6% | -35.9% | -0.1% |
| 2019 | -97.4% | -97.3% | +-0.0% |
| 2018 | +44.1% | +40.6% | +0.3% |
| 2017 | +56.3% | +59.1% | +-0.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2009 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Korean Cultural Center Of Greater Kansas City 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 Korean Cultural Center Of Greater Kansas City 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 (2021)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $390, with expenses exceeding revenue.
Frequently Asked Questions about Korean Cultural Center Of Greater Kansas City
Is Korean Cultural Center Of Greater Kansas City a legitimate charity?
Korean Cultural Center Of Greater Kansas City (EIN: 261478732) is a registered tax-exempt nonprofit based in Kansas. It has 10 years of IRS 990 filings on record. Total revenue: $141. No red flags identified. Financial health grade: B.
How does Korean Cultural Center Of Greater Kansas City spend its money?
Korean Cultural Center Of Greater Kansas City reported $141 in total revenue in IRS 990 filings. 10 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Korean Cultural Center Of Greater Kansas City tax-deductible?
Korean Cultural Center Of Greater Kansas City is registered as a tax-exempt nonprofit (EIN: 261478732). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Korean Cultural Center Of Greater Kansas City located?
Korean Cultural Center Of Greater Kansas City is headquartered in Overland Park, Kansas and files with the IRS under EIN 261478732. It is classified under NTEE code A20.
How many years of IRS 990 filings does Korean Cultural Center Of Greater Kansas City have?
Korean Cultural Center Of Greater Kansas City has 10 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $141 in total revenue.
Filing History
IRS 990 filing history for Korean Cultural Center Of Greater Kansas City showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2021), Korean Cultural Center Of Greater Kansas City's revenue has declined by 99.7%, moving from $41K to $141. Total assets decreased by 0.7% over the same period, from $208K to $207K. Total functional expenses fell by 90.2%, from $5K to $531. In its most recent filing year (2021), Korean Cultural Center Of Greater Kansas City reported a deficit of $390, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2021 | $141 | $531 | $207K | $0 | — | View 990 |
| 2020 | $335 | $524 | $207K | $0 | — | — |
| 2019 | $791 | $818 | $207K | $0 | — | View 990 |
| 2018 | $31K | $30K | $207K | $0 | — | View 990 |
| 2017 | $21K | $21K | $207K | $0 | — | View 990 |
| 2016 | $14K | $13K | $207K | $0 | — | View 990 |
| 2015 | $14K | $15K | $207K | $0 | — | View 990 |
| 2014 | $13K | $14K | $207K | $0 | — | View 990 |
| 2013 | $71K | $74K | $207K | $0 | — | View 990 |
| 2011 | $41K | $5K | $208K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2021: Revenue of $141, expenses of $531, and assets of $207K (revenue -57.9% year-over-year).
- 2020: Revenue of $335, expenses of $524, and assets of $207K (revenue -57.6% year-over-year).
- 2019: Revenue of $791, expenses of $818, and assets of $207K (revenue -97.4% year-over-year).
- 2018: Revenue of $31K, expenses of $30K, and assets of $207K (revenue +44.1% year-over-year).
- 2017: Revenue of $21K, expenses of $21K, and assets of $207K (revenue +56.3% year-over-year).
- 2016: Revenue of $14K, expenses of $13K, and assets of $207K (revenue -4.8% year-over-year).
- 2015: Revenue of $14K, expenses of $15K, and assets of $207K (revenue +6.7% year-over-year).
- 2014: Revenue of $13K, expenses of $14K, and assets of $207K (revenue -80.9% year-over-year).
- 2013: Revenue of $71K, expenses of $74K, and assets of $207K (revenue +71.1% year-over-year).
- 2011: Revenue of $41K, expenses of $5K, and assets of $208K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Korean Cultural Center Of Greater Kansas City:
Data Sources and Methodology
This transparency report for Korean Cultural Center Of Greater Kansas City 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.