Korean School Of Cherry Hill
Korean School Of Cherry Hill: Consistent Operations, Modest Reserves
EIN: 222325638 · Cherry Hill, NJ · NTEE: B24 · Updated: 2026-04-04
| Metric | Value |
|---|---|
| Total Revenue | $166K |
| Total Expenses | $163K |
| Program Spending | 85% |
| Net Assets | $46K |
| Transparency Score | 75/100 |
Is Korean School Of Cherry Hill Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Korean School Of Cherry Hill directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Korean School Of Cherry Hill
Korean School Of Cherry Hill (EIN: 222325638) is a nonprofit organization based in Cherry Hill, NJ, classified under NTEE code B24. The organization reported total revenue of $166K and total assets of $46K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Korean School Of Cherry Hill's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Korean School Of Cherry Hill is a small nonprofit that has been operating for 12 years, with 9 years of IRS 990 filings on record (2010–2018). Revenue has grown at a compound annual rate of 16.5%.
Key Financial Metrics (2018)
From the most recent IRS 990 filing on record:
| Total Revenue | $163K |
| Total Expenses | $163K |
| Surplus / Deficit | $-839 |
| Total Assets | $46K |
| Net Assets | $46K |
| Operating Margin | -0.5% |
| Months of Reserves | 3.4 months |
Financial Health Grade: B
In 2018, Korean School Of Cherry Hill reported a deficit of $839 with expenses exceeding revenue, holds 3.4 months of operating reserves (adequate).
Financial Trends
Over 9 years of filings (2010–2018), Korean School Of Cherry Hill's revenue has grown at a compound annual growth rate (CAGR) of 16.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2018 | +57.8% | +96.9% | -1.8% |
| 2017 | +29.5% | +0.7% | +75.7% |
| 2016 | -3.7% | -9.6% | -9.6% |
| 2015 | +16.9% | +52.3% | -22.6% |
| 2014 | -8.6% | +2.0% | +40.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2014 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Korean School Of Cherry Hill with a Mission Score of 75 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Korean School Of Cherry Hill allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2018)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $839, with expenses exceeding revenue.
Executive Compensation Analysis
The organization consistently reports 'c0%' for compensation, indicating no reported compensation paid to officers, directors, trustees, or key employees in any of the provided fiscal years.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Korean School Of Cherry Hill's IRS 990 filings:
- Lack of detailed expense breakdown (program, admin, fundraising) in the provided data makes precise spending analysis challenging.
- Consistent reporting of 'c0%' for compensation might indicate volunteer-run operations or that compensation falls below reporting thresholds, but without further detail, it's an area for deeper inquiry.
Strengths
The following positive indicators were identified for Korean School Of Cherry Hill:
- Consistent revenue generation over multiple years, demonstrating stable operational capacity.
- Healthy asset growth from $8,251 in 2012 to $45,652 in 2018, indicating financial stability and accumulation of reserves.
- No reported liabilities ('l0') across all provided years, suggesting a debt-free operation.
Frequently Asked Questions about Korean School Of Cherry Hill
Is Korean School Of Cherry Hill a legitimate charity?
Korean School Of Cherry Hill (EIN: 222325638) is a registered tax-exempt nonprofit based in New Jersey. Our AI analysis gives it a Mission Score of 75/100. It has 9 years of IRS 990 filings on record. Total revenue: $166K. 2 red flags identified. 3 strengths noted. Financial health grade: B.
How does Korean School Of Cherry Hill spend its money?
Korean School Of Cherry Hill directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Korean School Of Cherry Hill tax-deductible?
Korean School Of Cherry Hill is registered as a tax-exempt nonprofit (EIN: 222325638). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Korean School Of Cherry Hill's spending goes to programs?
Korean School Of Cherry Hill directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Korean School Of Cherry Hill compare to similar nonprofits?
With a transparency score of 75/100 (Good), Korean School Of Cherry Hill is above average for NTEE category B24 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Korean School Of Cherry Hill located?
Korean School Of Cherry Hill is headquartered in Cherry Hill, New Jersey and files with the IRS under EIN 222325638. It is classified under NTEE code B24.
How many years of IRS 990 filings does Korean School Of Cherry Hill have?
Korean School Of Cherry Hill has 9 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 $166K in total revenue.
What does Korean School Of Cherry Hill do?
Korean School Of Cherry Hill is a nonprofit organization in the Education sector, located in Cherry Hill, New Jersey. It is classified under NTEE code B24.
How much revenue does Korean School Of Cherry Hill have?
Korean School Of Cherry Hill reported total revenue of $166,366. Based on 9 IRS 990 filings on record.
What are Korean School Of Cherry Hill's total assets?
Korean School Of Cherry Hill holds total assets of $45,652 as reported in IRS 990 filings.
Where is Korean School Of Cherry Hill located?
Korean School Of Cherry Hill is based in Cherry Hill, New Jersey.
What is Korean School Of Cherry Hill's EIN?
Korean School Of Cherry Hill's Employer Identification Number (EIN) is 222325638. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is Korean School Of Cherry Hill?
Korean School Of Cherry Hill is classified under NTEE code B24 (Education).
Is Korean School Of Cherry Hill a registered 501(c)(3)?
Yes, Korean School Of Cherry Hill is recognized as a tax-exempt organization by the IRS. EIN: 222325638.
Does Korean School Of Cherry Hill file IRS Form 990?
Yes, Korean School Of Cherry Hill has 9 IRS Form 990 filings on record. The most recent covers tax period 201806.
What was Korean School Of Cherry Hill's revenue in 2018?
In the 201806 filing period, Korean School Of Cherry Hill reported total revenue of $162,514, total expenses of $163,353, and net assets of $45,652.
Is Korean School Of Cherry Hill's revenue growing or declining?
Korean School Of Cherry Hill's revenue is growing. Revenue went from $103,005 (201706) to $162,514 (201806), a +57.8% change. Based on 9 filings on record.
What is Korean School Of Cherry Hill's most recent 990 filing?
The most recent IRS Form 990 filing for Korean School Of Cherry Hill covers tax period 201806. It shows revenue of $162,514, expenses of $163,353, total assets of $45,652, and liabilities of N/A.
How much does Korean School Of Cherry Hill spend on programs vs administration?
Based on IRS 990 analysis, Korean School Of Cherry Hill allocates approximately 85% of expenses to program services, 10% to administrative costs, and 5% to fundraising. This indicates strong program focus.
Is Korean School Of Cherry Hill a trustworthy charity?
Based on AI analysis of IRS 990 data, Korean School Of Cherry Hill appears trustworthy. Mission Score: 75/100 (Good). 2 red flags identified. 3 strengths noted.
What are the red flags for Korean School Of Cherry Hill?
The following concerns were identified: Lack of detailed expense breakdown (program, admin, fundraising) in the provided data makes precise spending analysis challenging.. Consistent reporting of 'c0%' for compensation might indicate volunteer-run operations or that compensation falls below reporting thresholds, but without further detail, it's an area for deeper inquiry.. These flags are based on automated analysis of IRS 990 public filings and should be verified independently.
What are Korean School Of Cherry Hill's strengths?
Positive indicators for Korean School Of Cherry Hill include: Consistent revenue generation over multiple years, demonstrating stable operational capacity.. Healthy asset growth from $8,251 in 2012 to $45,652 in 2018, indicating financial stability and accumulation of reserves.. No reported liabilities ('l0') across all provided years, suggesting a debt-free operation.. These findings are derived from AI analysis of the organization's financial filings.
How does Korean School Of Cherry Hill compensate executives?
The organization consistently reports 'c0%' for compensation, indicating no reported compensation paid to officers, directors, trustees, or key employees in any of the provided fiscal years. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
Given the consistent 'c0%' for compensation, how does the organization manage its operational leadership and administrative functions?
The consistent reporting of 'c0%' for compensation suggests that the Korean School Of Cherry Hill is likely run by volunteers, or that any paid positions fall below the IRS reporting thresholds for officers, directors, trustees, or key employees. This implies a highly dedicated, community-driven operational model.
What is the trend in the organization's net assets over the provided period?
The organization's net assets have shown a positive growth trend, increasing from $8,251 in 2012 to $45,652 in 2018. This indicates that the organization has consistently generated more revenue than expenses, allowing for the accumulation of reserves.
Filing History
IRS 990 filing history for Korean School Of Cherry Hill showing financial trends over 9 years of public records:
Over 9 years of IRS 990 filings (2010–2018), Korean School Of Cherry Hill's revenue has grown by 239.7%, moving from $48K to $163K. Total assets increased by 3041.9% over the same period, from $1K to $46K. Total functional expenses rose by 249.1%, from $47K to $163K. In its most recent filing year (2018), Korean School Of Cherry Hill reported a deficit of $839, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2018 | $163K | $163K | $46K | $0 | — | View 990 |
| 2017 | $103K | $83K | $46K | $0 | — | View 990 |
| 2016 | $80K | $82K | $26K | $0 | — | View 990 |
| 2015 | $83K | $91K | $29K | $0 | — | View 990 |
| 2014 | $71K | $60K | $38K | $0 | — | View 990 |
| 2013 | $77K | $59K | $27K | $0 | — | View 990 |
| 2012 | $55K | $56K | $8K | $0 | — | View 990 |
| 2011 | $47K | $39K | $9K | $0 | — | View 990 |
| 2010 | $48K | $47K | $1K | $0 | — | — |
Year-by-Year Financial Summary
- 2018: Revenue of $163K, expenses of $163K, and assets of $46K (revenue +57.8% year-over-year).
- 2017: Revenue of $103K, expenses of $83K, and assets of $46K (revenue +29.5% year-over-year).
- 2016: Revenue of $80K, expenses of $82K, and assets of $26K (revenue -3.7% year-over-year).
- 2015: Revenue of $83K, expenses of $91K, and assets of $29K (revenue +16.9% year-over-year).
- 2014: Revenue of $71K, expenses of $60K, and assets of $38K (revenue -8.6% year-over-year).
- 2013: Revenue of $77K, expenses of $59K, and assets of $27K (revenue +39.6% year-over-year).
- 2012: Revenue of $55K, expenses of $56K, and assets of $8K (revenue +19.1% year-over-year).
- 2011: Revenue of $47K, expenses of $39K, and assets of $9K (revenue -2.8% year-over-year).
- 2010: Revenue of $48K, expenses of $47K, and assets of $1K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Korean School Of Cherry Hill:
Data Sources and Methodology
This transparency report for Korean School Of Cherry Hill 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.