Arts, Culture & Humanities
(A23)
990 on File
KOREAN-AMERICAN ASSOCIATION OF
Financial strength (30%)
80/100
Reliability (20%)
50/100
Effectiveness (25%)
51/100
Impact (25%)
No data yet
CharityAI™ Score
Not yet evaluated
Financial Overview — FY 2023
$50K
Total Revenue
$37K
Total Expenses
$17K
Net Assets
N/A
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio
80.3%
Fundraising Efficiency
62.8%
Operating Reserve
5.59x
Liability-to-Asset
N/A
Revenue Diversification
59.4%
Compared with Peers
FY 2023
Compared with 16,412 similar organizations
(United States, Arts, Culture & Humanities, under $100K in expenses), FY 2023.
This organization
Middle half of peers (P25–P75)
Peer median
| Ratio | This org | Peer median | Position (P10 → P90) | |
|---|---|---|---|---|
|
Program expense ratio
Program expenses / total expenses
· higher is better
|
80.3% | 82.0% |
P10P90
|
Below median |
|
Fundraising efficiency
Fundraising expenses / gross fundraising income
· lower is better
|
62.8% | 35.3% |
P10P90
|
Below median |
|
Operating reserve
Months of expenses covered by net assets
· higher is better
|
5.6 mo | 18.4 mo |
P10P90
|
Below median |
|
Revenue concentration
Share of revenue from the largest source
· lower is better
|
59.4% | 90.6% |
P10P90
|
Top quarter |
|
Revenue growth
Year over year revenue growth
|
242.3% | 3.8% |
P10P90
|
|
|
Expense growth
Year over year expense growth
|
95.9% | 4.9% |
P10P90
|
|
|
Surplus margin
Surplus as a share of revenue
|
25.9% | 9.0% |
P10P90
|
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2023 | $50K | $37K | $17K | 80.3% | — |
| 2022 | $15K | $19K | $4K | 100.0% | — |
| 2021 | $270K | $146K | N/A | — | 1 |
| 2020 | $79K | $81K | N/A | — | 1 |
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