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Nonprofit · EIN 23-7292240

KOREAN AMERICAN YOUTH FOUNDATION INC

Tax-exempt · LOS ANGELES, CA 90058

Financials

$46K$64K2023$55K$61K2024
Revenue Expenses · by fiscal year end
Financials of KOREAN AMERICAN YOUTH FOUNDATION INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$55,354$60,869-$5,515$196,100$0$196,100
December 31, 2023990$45,823$63,924-$18,101$201,615$0$201,615
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$550
of which government grants
$550
Program service revenue
$54,771
Investment income
$33
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Accounting fees
$1,460
Program services (functional)
$59,302
Management and general (functional)
$1,567

Balance sheet and other

Total assets, start of year
$201,615
Total assets, end of year
$196,100
Total liabilities, end of year
$0
Net assets, end of year
$196,100
Net assets without donor restrictions
$196,100
Gross receipts
$55,354
Employees
0
Volunteers
30
Year formed
1973
State of legal domicile
CA

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensation
SHENNE HAHNLEGAL MGR
Trustee or director
2$0
CAMY JUNEXECUTIVE DI
Trustee or director
2$0
CAROL JUNPRESIDENT
Trustee or director, Officer
2$0
LESLIE KIMSECRETARY
Trustee or director, Officer
2$0
MICHELLE KIMTREASURER
Trustee or director, Officer
2$0
SOPHIA KIMBOARD MEMBER
Trustee or director
2$0
KAREN PARKADVERTISING
Trustee or director
2$0
EVAN SHINSENIOR DIREC
Trustee or director
2$0
990 for the year ended December 31, 2023: 8 people
NameTitleHours / weekCompensation
SHENNE HAHNLEGAL MGR
Trustee or director
2$0
CAMY JUNEXECUTIVE DI
Trustee or director
2$0
CAROL JUNPRESIDENT
Trustee or director, Officer
2$0
LESLIE KIMSECRETARY
Trustee or director, Officer
2$0
MICHELLE KIMTREASURER
Trustee or director, Officer
2$0
SOPHIA KIMBOARD MEMBER
Trustee or director
2$0
KAREN PARKADVERTISING
Trustee or director
2$0
EVAN SHINSENIOR DIREC
Trustee or director
2$0

Address and contacts

Address (IRS master file)
2105 E 25TH ST, LOS ANGELES, CA 90058-1125
Principal officer (990 for 2024)
CAROL JUN, 2105 E 25TH STREET, LOS ANGELES, CA 90058
Signed the 990
MICHELLE KIM, TREASURER
Return prepared by
BENJAMIN KOO & CO CPA'S

California records

California keeps its own records of charities and corporations. Search them by EIN 23-7292240 or by the name KOREAN AMERICAN YOUTH FOUNDATION INC.

Attorney General, Registry of Charities and Fundraisers
Registration status and filed reports (CT-TR-1, RRF-1)

Mission

KOREAN-AMERICAN YOUTH FOUNDATION (KAYF) PROVIDES OPPORTUNITIES FOR YOUTHS OF KOREAN ANCESTRY TO DEVELOP QUALITIES OF LEADERSHIP, SOCIAL RESPONSIBILITY, AND FRIENDSHIP IN AN ENVIRONMENT THAT FOSTERS AWARENESS AND APPRECIATION OF THEIR CULTURAL HERITAGE.

990 for the year ended December 31, 2024

Program accomplishments

  • KOREAN-AMERICAN YOUTH FOUNDATION (KAYF) PROVIDES OPPORTUNITIES FOR YOUTHS OF KOREAN ANCESTRY TO DEVELOP QUALITIES OF LEADERSHIP, SOCIAL RESPONSIBILITY, AND FRIENDSHIP IN AN ENVIRONMENT THAT FOSTERS AWARENESS AND APPRECIATION OF THEIR CULTURAL HERITAGE.
    Expenses $55,829
  • KOREAN-AMERICAN YOUTH FOUNDATION (KAYF) PROVIDES OPPORTUNITIES FOR YOUTHS OF KOREAN ANCESTRY TO DEVELOP QUALITIES OF LEADERSHIP, SOCIAL RESPONSIBILITY, AND FRIENDSHIP IN AN ENVIRONMENT THAT FOSTERS AWARENESS AND APPRECIATION OF THEIR CULTURAL HERITAGE.
    Expenses $3,473

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
23-7292240
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (509(a)(2))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
1973
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$196,100
Income (IRS master file)
$55,354

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$55,354$60,869$196,100XML
990December 2023$45,823$63,924$201,615XML
990December 2022$49,993$65,914$219,716IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2018–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 23-7292240).

Questions about KOREAN AMERICAN YOUTH FOUNDATION INC

What is the EIN of KOREAN AMERICAN YOUTH FOUNDATION INC?
The employer identification number (EIN) of KOREAN AMERICAN YOUTH FOUNDATION INC is 23-7292240.
Is KOREAN AMERICAN YOUTH FOUNDATION INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1973.
Are donations to KOREAN AMERICAN YOUTH FOUNDATION INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does KOREAN AMERICAN YOUTH FOUNDATION INC file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of KOREAN AMERICAN YOUTH FOUNDATION INC due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did KOREAN AMERICAN YOUTH FOUNDATION INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of KOREAN AMERICAN YOUTH FOUNDATION INC?
The 990 for the year ended December 31, 2024 names CAROL JUN.
Who are the officers and directors of KOREAN AMERICAN YOUTH FOUNDATION INC?
The 990 for the year ended December 31, 2024 lists 8 people; 0 received compensation from the organization.
How much revenue does KOREAN AMERICAN YOUTH FOUNDATION INC have?
On its 990 for the year ended December 31, 2024 it reported revenue of $55,354, expenses of $60,869 and total assets of $196,100 at year end.

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