Public Charity

KOREAN SCHOOL OF FEDERAL WAY

KOREAN SCHOOL OF FEDERAL WAY is a nonprofit organization categorized as Public Charity based in FEDERAL WAY, WA. Its most recent IRS filing (2024) reports revenue of $132K, expenses of $135K, total assets of $499K. Imperigo tracks 6 reported grant relationships connected to this organization totaling approximately $137K.

EIN: 834691699 FEDERAL WAY, WA Charter Schools NTEE: B29 Latest filing: 2024
Total Revenue$132K
Total Expenses$135K
Total Assets$499K
Grant Records6
Funding Total$137K
Filing Years2020–2024

Mission

OUR MISSION IS TO PROVIDE AN ENCOURAGING ENVIRONMENT TO LEARN, DISCOVER AND EXPERIENCE THE KOREAN LANGUAGE AND ITS RICH CULTURE.

Where $100 goes at Korean School of Federal Way

How Korean School of Federal Way divides every $100 it spends, from its own Form 990 filings, averaged across 5 years.

$97 Programs the work itself
$3 Management running the organization
$0 Fundraising none reported

No fundraising costs are reported. That often means fundraising runs through a separate affiliated organization that files its own return.

Inside the $97 for programs

$97
Our mission is to provide an encouraging environment to learn, discover and experience the korean language and its rich culture
All program spending
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Source: Form 990 filings with the IRS, latest fiscal year 2024. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Officers & Directors

TREASURER Heidi Drake
PRINCIPAL Jaeeun Lee
SECRETA4RY Kwi Shim Kim

Officer compensation and complete director data available with membership.

Top Grant Purposes

General Support
$101,875 3 grants
Civil Rights & Social Justice
$25,000 1 grant
Youth Development
$10,000 1 grant

Financial Trends

Year Revenue Expenses Assets
2024 $132K $135K $499K
2023 $181K $119K $501K
2022 $143K $108K $439K
2021 $121K $105K $406K
2020 $480K $91K $390K

Between 2020 and 2024, reported annual revenue declined from $480K to $132K (-72%), with total assets most recently reported at $499K.

Interactive year-over-year charts and full filing details available with membership.

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