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IRS-authorized e-file provider · not the IRS

Nonprofit · EIN 83-4691699

KOREAN SCHOOL OF FEDERAL WAY

Tax-exempt · FEDERAL WAY, WA 98003

Financials

$181K$119K2023$132K$135K2024
Revenue Expenses · by fiscal year end
Financials of KOREAN SCHOOL OF FEDERAL WAY by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$132,352$135,172-$2,820$498,671$0$498,671
December 31, 2023990$180,701$118,705$61,996$501,491$0$501,491
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$30,886
Program service revenue
$83,830
Investment income
$17,636
Other revenue
$0

Expenses

Grants and similar amounts paid
$15,020
Other salaries and wages
$58,893
Salaries, compensation and benefits (total)
$63,784
Professional fundraising fees
$0
Accounting fees
$2,000
Occupancy
$2,780
Program services (functional)
$132,150
Management and general (functional)
$3,022

Balance sheet and other

Total assets, start of year
$501,491
Total assets, end of year
$498,671
Total liabilities, end of year
$0
Net assets, end of year
$498,671
Net assets without donor restrictions
$498,671
Gross receipts
$132,352
Employees
21

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
HEIDI DRAKETREASURER
Trustee or director
–$0
KWI SHIM KIMSECRETA4RY
Trustee or director
–$0
JAEEUN LEEPRINCIPAL
Officer
–$0
990 for the year ended December 31, 2023: 3 people
NameTitleHours / weekCompensation
HEIDI DRAKETREASURER
Trustee or director
–$0
KWI SHIM KIMSECRETA4RY
Trustee or director
–$0
HYESU HANPRINCIPAL
Officer
–$0

Address and contacts

Address (IRS master file)
1010 S 336TH ST STE 211, FEDERAL WAY, WA 98003-3100
In care of
% MICHAEL Y PARK
Mailing address (990-N for 2019)
33914 19TH AVE SW, FEDERAL WAY WA 98023
Principal officer (990 for 2024)
JAEEUN LEE, 2953 SW 310TH ST, FEDERAL WAY, WA 98023
Principal officer (990-N for 2019)
HEE JUNG LEE, 2547 SW 353RD PL, FEDERAL WAY WA 98023
Signed the 990
JAEEUN LEE, PRINCIPAL
Return prepared by
SHK GROUP PLLC

Mission

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

990 for the year ended December 31, 2024

Program accomplishments

  • EDUCATION
    Expenses $132,150 · grants $15,020

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

File the 2025 990-EZ for KOREAN SCHOOL OF FEDERAL WAY

Due May 15, 2026 · e-filed with the IRS by 990.tax, an IRS-authorized e-file provider

IRS record

EIN
83-4691699
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
School
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
2020
Accounting year ends
December
Files
Form 990 or 990-EZ
Category (NTEE)
Education (B29)
Assets (IRS master file)
$498,671
Income (IRS master file)
$132,352

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$132,352$135,172$498,671XML
990December 2023$180,701$118,705$501,491XML
990December 2022$142,954$107,530$439,495IRS
990December 2021–––IRS
990December 2020–––IRS
990-N for 2019
Officer: HEE JUNG LEE
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 83-4691699).

Questions about KOREAN SCHOOL OF FEDERAL WAY

What is the EIN of KOREAN SCHOOL OF FEDERAL WAY?
The employer identification number (EIN) of KOREAN SCHOOL OF FEDERAL WAY is 83-4691699.
Is KOREAN SCHOOL OF FEDERAL WAY tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2020.
Are donations to KOREAN SCHOOL OF FEDERAL WAY tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does KOREAN SCHOOL OF FEDERAL WAY 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 SCHOOL OF FEDERAL WAY 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 SCHOOL OF FEDERAL WAY 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 SCHOOL OF FEDERAL WAY?
The 990 for the year ended December 31, 2024 names JAEEUN LEE.
Who are the officers and directors of KOREAN SCHOOL OF FEDERAL WAY?
The 990 for the year ended December 31, 2024 lists 3 people; 0 received compensation from the organization.
How much revenue does KOREAN SCHOOL OF FEDERAL WAY have?
On its 990 for the year ended December 31, 2024 it reported revenue of $132,352, expenses of $135,172 and total assets of $498,671 at year end.

Other nonprofits in FEDERAL WAY

All nonprofits in FEDERAL WAY · Washington · Education