Nonprofit · EIN 82-4697717
K FOUNDATION INC
Tax-exempt · SUWANEE, GA 30024
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990-EZ | $995 | – | – | $112,997 | – | $112,997 |
Financial details: 990-EZ for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $995
Expenses
- Compensation of officers, directors and key employees
- $0
Balance sheet and other
- Total assets, start of year
- $112,002
- Total assets, end of year
- $112,997
- Total liabilities, end of year
- –
- Net assets, end of year
- $112,997
- Cash, savings and investments
- $112,997
- Gross receipts
- $995
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, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| JAI BUM PARK | PRESIDENT | 5 | $0 |
Address and contacts
- Address (IRS master file)
- 1325 SATELLITE BLVD NW STE 605, SUWANEE, GA 30024-4709
- Mailing address (990-N for 2025)
- 1325 Satellite BLVD NW STE 605, Suwanee GA 30024
- Principal officer (990-N for 2025)
- JAI PARK, 7416 PORTBURY PARK LN, SUWANEE GA 30024
- Signed the 990-EZ
- JAI BUM PARK, PRESIDENT
- Return prepared by
- S ACCOUNTING & TAX LLC
Mission
OUR MISSION IS COMMITTED TO PROVIDE EDUCATIONAL AND SOCIAL EMPOWERMENT OPPORTUNITIES THAT FOSTER HOPE AMONG YOUTH AND FAMILIES IN OUR COMMUNITIES.
Program accomplishments
- A PUBLIC FOUNDATION THAT INVESTS IN EDUCATIONAL AND SOCIAL DEVELOPMENT K(A1 )FOUNDATION IS A PUBLIC FOUNDATION THAT INVESTS IN EDUCATIONAL AND SOCIAL DEVELOPMENT STRATEGIES TO IMPROVE THE LIVES AND WELL-BEING OF LOW-INCOME YOUTH AND FAMILIES IN THE METRO ATLANTA AREA. IN AN EFFORT TO MOBILIZE EDUCATIONAL AND FINANCIAL SUCCESS AMONG AT-RISK YOUTH AND FAMILIES WE COLLABORATE WITH PUBLIC AND PRIVATE PARTNERS TO CREATE INNOVATIVE PROGRAMS TO ADDRESS EDUCATIONAL AND SOCIAL DISPARITIES.
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 year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | 990-N on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990-EZ on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990-N on file |
IRS record
- EIN
- 82-4697717
- 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
- 2019
- Accounting year ends
- December
- Files
- Form 990-N (e-Postcard)
- Category (NTEE)
- Recreation and sports (N66)
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-N for 2025 Officer: JAI PARK | December 31, 2025 | ≤ $50,000 receipts | – | – | e-Postcard |
| 990-EZ | December 2024 | $995 | – | $112,997 | XML |
| 990-N for 2023 Officer: JAI B PARK | December 31, 2023 | ≤ $50,000 receipts | – | – | e-Postcard |
| 990-N for 2022 Officer: JAI B PARK | December 31, 2022 | ≤ $50,000 receipts | – | – | e-Postcard |
| 990-N for 2020 Officer: JAI B PARK | December 31, 2020 | ≤ $50,000 receipts | – | – | e-Postcard |
| 990-N for 2019 Officer: JAI B PARK | December 31, 2019 | ≤ $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 82-4697717).
Questions about K FOUNDATION INC
- What is the EIN of K FOUNDATION INC?
- The employer identification number (EIN) of K FOUNDATION INC is 82-4697717.
- Is K FOUNDATION INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2019.
- Are donations to K FOUNDATION INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does K FOUNDATION INC file?
- Form 990-N (e-Postcard). Gross receipts normally $50,000 or less.
- When is the next return of K FOUNDATION INC 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 K FOUNDATION INC last file with the IRS?
- The latest return in the IRS public files is the 990-N for 2025 for the year ended December 31, 2025.
- Who is the principal officer of K FOUNDATION INC?
- The 990-N for 2025 names JAI PARK.
- Who are the officers and directors of K FOUNDATION INC?
- The 990-EZ for the year ended December 31, 2024 lists 1 person; 0 received compensation from the organization.
- How much revenue does K FOUNDATION INC have?
- On its 990-EZ for the year ended December 31, 2024 it reported revenue of $995 and total assets of $112,997 at year end.
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