Nonprofit · EIN 46-1209817
KOREA FINANCE SOCIETY LTD
Tax-exempt · BROOKLYN, NY 11228
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| February 28, 2025 | 990 | $397,366 | $277,082 | $120,284 | $267,193 | $8,077 | $259,116 |
| February 29, 2024 | 990 | $571,435 | $505,854 | $65,581 | $158,771 | $19,939 | $138,832 |
Financial details: 990 for the year ended February 28, 2025
Revenue
- Contributions, gifts and grants
- $395,077
- Program service revenue
- $0
- Investment income
- $2,289
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Accounting fees
- $11,204
- Travel
- $23,639
- Program services (functional)
- $210,892
- Management and general (functional)
- $66,190
Balance sheet and other
- Total assets, start of year
- $158,771
- Total assets, end of year
- $267,193
- Total liabilities, end of year
- $8,077
- Net assets, end of year
- $259,116
- Net assets without donor restrictions
- $259,116
- Gross receipts
- $397,366
- Employees
- 0
- Year formed
- 2012
- State of legal domicile
- NY
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 February 28, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| MARK KIM | PRESIDENT Trustee or director, Officer | 5 | $0 |
| DONGJIN KIM | TREASURER Trustee or director, Officer | 5 | $0 |
| MICHAEL JOO | DIRECTOR Trustee or director | 1 | $0 |
| SANDOR HAU | DIRECTOR Trustee or director | 1 | $0 |
| SOO KIM | DIRECTOR Trustee or director | 1 | $0 |
| ANDREW KIM | DIRECTOR Trustee or director | 1 | $0 |
| JI HYE YOU | DIRECTOR Trustee or director | 1 | $0 |
| CHRISTOPHER KIM | DIRECTOR Trustee or director | 1 | $0 |
| SANDRA SCHUBERT | DIRECTOR Trustee or director | 1 | $0 |
| YUP SANG KIM | DIRECTOR Trustee or director | 1 | $0 |
990 for the year ended February 29, 2024: 10 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| MARK KIM | PRESIDENT Trustee or director, Officer | 5 | $0 |
| DONGJIN KIM | TREASURER Trustee or director, Officer | 5 | $0 |
| MICHAEL JOO | DIRECTOR Trustee or director | 1 | $0 |
| SANDOR HAU | DIRECTOR Trustee or director | 1 | $0 |
| SOO KIM | DIRECTOR Trustee or director | 1 | $0 |
| ANDREW KIM | DIRECTOR Trustee or director | 1 | $0 |
| JI HYE YOU | DIRECTOR Trustee or director | 1 | $0 |
| CHRISTOPHER KIM | DIRECTOR Trustee or director | 1 | $0 |
| SANDRA SCHUBERT | DIRECTOR Trustee or director | 1 | $0 |
| YUP SANG KIM | DIRECTOR Trustee or director | 1 | $0 |
Address and contacts
- Address (IRS master file)
- 7014 13TH AVENUE SUITE 202, BROOKLYN, NY 11228-1604
- In care of
- % JI HYUN PARK
- Mailing address (990-N for 2022)
- 7014 13th Avenue Suite 202, Brooklyn NY 11228
- Principal officer (990 for 2024)
- MARK KIM, 325 5TH AVE 20D, NEW YORK, NY 10016
- Principal officer (990-N for 2022)
- Christopher Kim, 201 W 85th Street Apt 8A, New York NY 10024
- Signed the 990
- DONGJIN KIM, TREASURER
- Phone
- (607) 373-2818
- Website
- https://www.kfsociety.com/
- Return prepared by
- BRYAN BAN CPA
Mission
KFS SERVES TO BUILD A COMMUNITY TO PROMOTE THE DEVELOPMENT OF GLOBAL KOREAN FINANCE PROFESSIONALS THROUGH NETWORKING, EDUCATION AND MENTORSHIP - TO EMPOWER MEMBERS TO GIVE BACK TO THE COMMUNITY
Program accomplishments
- BUILDING A STRONGER COMMUNITY FOR GLOBAL KOREAN FINANCE PROFESSIONALS THROUGH SPEAKER SERIES, EDUCATIONAL WORKSHOPS, AND MENTORSHIP PROGRAM FOR COLLEGE STUDENTS AND YOUNG PROFESSIONALS
- EDUCATION AND MENTORSHIP OF KOREAN AMERICAN FINANCE PROFESSIONALSExpenses $210,892
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 February, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | February 28, 2026 | July 15, 2026 | Not on file |
| 2024 | February 28, 2025 | July 15, 2025 | 990 on file |
| 2023 | February 29, 2024 | July 15, 2024 | 990 on file |
IRS record
- EIN
- 46-1209817
- 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
- 2015
- Accounting year ends
- February
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Education (B01)
- Assets (IRS master file)
- $267,193
- Income (IRS master file)
- $397,366
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | February 2025 | $397,366 | $277,082 | $267,193 | XML |
| 990 | February 2024 | $571,435 | $505,854 | $158,771 | XML |
| 990-N for 2022 Officer: Christopher Kim | February 28, 2023 | ≤ $50,000 receipts | – | – | e-Postcard |
| 990-N for 2020 Officer: Christopher Kim | February 28, 2021 | ≤ $50,000 receipts | – | – | e-Postcard |
| 990-N for 2019 Officer: Christopher Kim | February 29, 2020 | ≤ $50,000 receipts | – | – | e-Postcard |
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 46-1209817).
Questions about KOREA FINANCE SOCIETY LTD
- What is the EIN of KOREA FINANCE SOCIETY LTD?
- The employer identification number (EIN) of KOREA FINANCE SOCIETY LTD is 46-1209817.
- Is KOREA FINANCE SOCIETY LTD tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2015.
- Are donations to KOREA FINANCE SOCIETY LTD tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does KOREA FINANCE SOCIETY LTD 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 KOREA FINANCE SOCIETY LTD due?
- The return for tax year 2025 (the year ending February 28, 2026) is due July 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did KOREA FINANCE SOCIETY LTD last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended February 2025.
- Who is the principal officer of KOREA FINANCE SOCIETY LTD?
- The 990 for the year ended February 28, 2025 names MARK KIM.
- Who are the officers and directors of KOREA FINANCE SOCIETY LTD?
- The 990 for the year ended February 28, 2025 lists 10 people; 0 received compensation from the organization.
- How much revenue does KOREA FINANCE SOCIETY LTD have?
- On its 990 for the year ended February 28, 2025 it reported revenue of $397,366, expenses of $277,082 and total assets of $267,193 at year end.
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