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Nonprofit · EIN 27-1613556

KOREAN AMERICAN ASSOCIATION OF GREATER AUSTIN

Tax-exempt · AUSTIN, TX 78754

Financials

$26K$40K2023$63K$67K2024$40K$40K2025
Revenue Expenses · by fiscal year end
Financials of KOREAN AMERICAN ASSOCIATION OF GREATER AUSTIN by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2025990-EZ$39,752$39,849-$97$4,891$0$4,891
December 31, 2024990-EZ (amended)$63,030$66,609-$3,579$4,988$0$4,988
December 31, 2023990-EZ$26,060$39,892-$13,832$8,567$438$8,129
Financial details: 990-EZ for the year ended December 31, 2025

Revenue

Contributions, gifts and grants
$39,752

Expenses

Compensation of officers, directors and key employees
$0
Professional fees and payments to contractors
$2,070
Printing, publications and postage
$265
Other expenses
$37,514
Program services (functional)
$27,590

Balance sheet and other

Total assets, start of year
$4,988
Total assets, end of year
$4,891
Total liabilities, end of year
$0
Net assets, end of year
$4,891
Cash, savings and investments
$4,891
Gross receipts
$39,752

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-EZ for the year ended December 31, 2025, highest compensation first.

NameTitleHours / weekCompensation
GUIOK G FELDTDIRECTOR5$0
SOOKIL JEONDIRECTOR5$0
KWANG CHOEDIRECTOR5$0
SUNG W KANGDIRECTOR5$0
GRACE LEEPRESIDENT20$0
990-EZ for the year ended December 31, 2024: 5 people
NameTitleHours / weekCompensation
GUIOK G FELDTDIRECTOR5$0
SOOKIL JEONDIRECTOR5$0
KWANG CHOEDIRECTOR5$0
SUNG W KANGDIRECTOR5$0
GRACE LEEPRESIDENT20$0
990-EZ for the year ended December 31, 2023: 6 people
NameTitleHours / weekCompensation
SAMUEL LEEVICE PRESIDENT5$0
HUIKYONG LEEPRESIDENT15$0
SOYOUNG KWONTREASURER5$0
KYONG AH CANTRELLDIRECTOR OF CULTURE5$0
EUNMI KIMDIRECTOR OF COMMUNITY5$0
SONG W KIMDIRECTOR5$0

Address and contacts

Address (IRS master file)
11205 LONG SUMMER DR, AUSTIN, TX 78754-5928
In care of
% GRACE LEE
Signed the 990-EZ
GRACE LEE, PRESIDENT
Phone
(512) 945-7286
Return prepared by
STACY YUN CPA

Mission

SUPPORTS KOREAN COMMUNITIES

990-EZ for the year ended December 31, 2025

Program accomplishments

  • PUBLIC SUPPORT, KOREAN COMMUNITY SUPPORTHELD EVENTS FOR KOREAN-AMERICANSOFFERED SCHOLARSHIP TO KOREAN-AMERICAN STUDENTS AS WELL AS KOREAN-AMERICAN ORGANIZATIONS
    Expenses $19,833
  • HELD THE ANNUAL GALA FOR KOREAN-AMERICANS IN AUSTIN AREA
    Expenses $4,151
  • ORGANIZED AN EVENT TO COMMEMORATE SIGNIFICANT DAYS IN KOREAN HISTORY, INCLUDING LIBERATION DAY AND THE MARCH 1ST INDEPENDENCE MOVEMENT DAY
    Expenses $3,606

What it must file and when

IRS records say it files Form 990-N (e-Postcard). Gross receipts normally $50,000 or less. 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, 2026990-EZ on file
2024December 31, 2024May 15, 2025990-EZ on file
2023December 31, 2023May 15, 2024990-EZ on file

IRS record

EIN
27-1613556
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
2010
Accounting year ends
December
Files
Form 990-N (e-Postcard)
Assets (IRS master file)
$4,891
Income (IRS master file)
$39,752

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-EZDecember 2025$39,752$39,849$4,891XML
990-EZDecember 2024$63,030$66,609$4,988XML
990-EZDecember 2023$26,060$39,892$8,567XML
990-EZDecember 2022–––IRS
990-EZDecember 2021–––IRS
990-EZDecember 2020–––IRS
990-EZDecember 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 27-1613556).

Questions about KOREAN AMERICAN ASSOCIATION OF GREATER AUSTIN

What is the EIN of KOREAN AMERICAN ASSOCIATION OF GREATER AUSTIN?
The employer identification number (EIN) of KOREAN AMERICAN ASSOCIATION OF GREATER AUSTIN is 27-1613556.
Is KOREAN AMERICAN ASSOCIATION OF GREATER AUSTIN tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2010.
Are donations to KOREAN AMERICAN ASSOCIATION OF GREATER AUSTIN tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does KOREAN AMERICAN ASSOCIATION OF GREATER AUSTIN file?
Form 990-N (e-Postcard). Gross receipts normally $50,000 or less.
When is the next return of KOREAN AMERICAN ASSOCIATION OF GREATER AUSTIN due?
The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
When did KOREAN AMERICAN ASSOCIATION OF GREATER AUSTIN last file with the IRS?
The latest return in the IRS public files is the 990-EZ for the year ended December 2025.
Who are the officers and directors of KOREAN AMERICAN ASSOCIATION OF GREATER AUSTIN?
The 990-EZ for the year ended December 31, 2025 lists 5 people; 0 received compensation from the organization.
How much revenue does KOREAN AMERICAN ASSOCIATION OF GREATER AUSTIN have?
On its 990-EZ for the year ended December 31, 2025 it reported revenue of $39,752, expenses of $39,849 and total assets of $4,891 at year end.

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