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Nonprofit · EIN 92-0092705

KOREAN SCHOOL FOUNDATION INC

Tax-exempt · ANCHORAGE, AK 99502

Financials

$114K$124K2022$163K$114K2023$118K$115K2024
Revenue Expenses · by fiscal year end
Financials of KOREAN SCHOOL FOUNDATION INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
August 31, 2025990$118,285$115,337$2,948$183,701$990$182,711
August 31, 2024990$162,931$113,992$48,939$181,488$735$180,753
August 31, 2023990$113,665$123,976-$10,311$133,112$563$132,549
Financial details: 990 for the year ended August 31, 2025

Revenue

Contributions, gifts and grants
$27,035
Program service revenue
$23,017
Investment income
$11,665
Net income from gaming
$56,568
Other revenue
$56,568

Expenses

Grants and similar amounts paid
$19,680
Other salaries and wages
$57,850
Salaries, compensation and benefits (total)
$63,140
Professional fundraising fees
$0
Occupancy
$4,200
Travel
$8,567
Program services (functional)
$109,042
Management and general (functional)
$6,295

Balance sheet and other

Total assets, start of year
$181,488
Total assets, end of year
$183,701
Total liabilities, end of year
$990
Net assets, end of year
$182,711
Net assets without donor restrictions
$182,711
Gross unrelated business income
$39,688
Gross receipts
$1,157,015
Employees
0
Year formed
1984
State of legal domicile
AK

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 August 31, 2025, highest compensation first.

NameTitleHours / weekCompensation
ESTHER CHOISECRETARY
Trustee or director, Officer
1$0
HOJIN PARKPRESIDENT
Trustee or director, Officer
10$0
KAP-SUN ENDERSVICE PRESIDENT
Trustee or director, Officer
1$0
SEUNGHYUN OHTREASURER
Trustee or director, Officer
1$0
EUJIN M CHOIDIRECTOR
Trustee or director
1$0
KATHY KIMDIRECTOR
Trustee or director
1$0
990 for the year ended August 31, 2024: 6 people
NameTitleHours / weekCompensation
ESTHER CHOISECRETARY
Trustee or director, Officer
1$0
HOJIN PARKPRESIDENT
Trustee or director, Officer
10$0
KAP-SUN ENDERSVICE PRESIDENT
Trustee or director, Officer
1$0
SEUNGHYUN OHTREASURER
Trustee or director, Officer
1$0
EUJIN M CHOIDIRECTOR
Trustee or director
1$0
KATHY KIMDIRECTOR
Trustee or director
1$0
990 for the year ended August 31, 2023: 6 people
NameTitleHours / weekCompensation
ESTHER CHOISECRETARY
Trustee or director, Officer
1$0
HOJIN PARKPRESIDENT
Trustee or director, Officer
10$0
KAP-SUN ENDERSVICE PRESIDENT
Trustee or director, Officer
1$0
SEUNGHYUN OHTREASURER
Trustee or director, Officer
1$0
EUJIN M CHOIDIRECTOR
Trustee or director
1$0
KATHY KIMDIRECTOR
Trustee or director
1$0

Address and contacts

Address (IRS master file)
3630 JEWEL LAKE RD, ANCHORAGE, AK 99502-1028
In care of
% HOJIN PARK
Mailing address (990-N for 2015)
PO BOX 242624, ANCHORAGE AK 99524
Principal officer (990 for 2024)
SEUNGHYUN OH, 3630 JEWEL LAKE RD, ANCHORAGE, AK 99502
Principal officer (990-N for 2015)
HAN K CHOE, 555 W NORTHERN LIGHTS BLVD STE 216, ANCHORAGE AK 99503
Signed the 990
HOJIN PARK, PRESIDENT
Phone
(907) 245-5000
Return prepared by
HOJIN PARK CPA

Mission

TO EDUCATE KOREAN LANGUAGE AND CULTURE

990 for the year ended August 31, 2025

Program accomplishments

  • PROVIDING LANGUAGE CLASSES ON KOREAN LANGUAGE, CULTURE, AND ART TO ENROLLED STUDENTS. THE AGES RANGES ARE FROM 4 YEARS OLD TO ADULT.
    Expenses $91,895 · revenue $38,863
  • AWARD SCHOLARSHIP TO COLLEGE AND GRADUATE SCHOOL STUDENTS
    Expenses $10,000 · revenue $10,000

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 August, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025August 31, 2026January 15, 2027Not due yet
2024August 31, 2025January 15, 2026990 on file
2023August 31, 2024January 15, 2025990 on file

IRS record

EIN
92-0092705
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
1984
Accounting year ends
August
Files
Form 990 or 990-EZ
Assets (IRS master file)
$183,701
Income (IRS master file)
$1,157,015

Filing history

FormYear endedRevenueExpensesAssetsReturn
990August 2025$118,285$115,337$183,701XML
990-TAugust 2025–––IRS
990August 2024$162,931$113,992$181,488XML
990-TAugust 2024–––IRS
990August 2023$113,665$123,976$133,112XML
990-TAugust 2023–––IRS
990August 2022$71,503$86,079$143,046IRS
990-TAugust 2022–––IRS
990August 2021–––IRS
990August 2020–––IRS
990-N for 2015
Officer: HAN K CHOE
August 31, 2016≤ $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 92-0092705).

Questions about KOREAN SCHOOL FOUNDATION INC

What is the EIN of KOREAN SCHOOL FOUNDATION INC?
The employer identification number (EIN) of KOREAN SCHOOL FOUNDATION INC is 92-0092705.
Is KOREAN SCHOOL FOUNDATION INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1984.
Are donations to KOREAN SCHOOL FOUNDATION INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does KOREAN SCHOOL 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 SCHOOL FOUNDATION INC due?
The return for tax year 2025 (the year ending August 31, 2026) is due January 15, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
When did KOREAN SCHOOL FOUNDATION INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended August 2025.
Who is the principal officer of KOREAN SCHOOL FOUNDATION INC?
The 990 for the year ended August 31, 2025 names SEUNGHYUN OH.
Who are the officers and directors of KOREAN SCHOOL FOUNDATION INC?
The 990 for the year ended August 31, 2025 lists 6 people; 0 received compensation from the organization.
How much revenue does KOREAN SCHOOL FOUNDATION INC have?
On its 990 for the year ended August 31, 2025 it reported revenue of $118,285, expenses of $115,337 and total assets of $183,701 at year end.

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