Nonprofit · EIN 95-4497495
FOUNDATION FOR KOREAN LANGUAGE & CULTURE IN THE USA
Tax-exempt · LOS ANGELES, CA 90004
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | $393,289 | $255,381 | $137,908 | $1,904,295 | $8,508 | $1,895,787 |
| December 31, 2024 | 990 | $494,664 | $275,363 | $219,301 | $1,758,604 | $725 | $1,757,879 |
| December 31, 2023 | 990 | $753,467 | $314,563 | $438,904 | $1,542,915 | $4,337 | $1,538,578 |
Financial details: 990 for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $379,247
- Program service revenue
- $0
- Investment income
- $14,042
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $119,882
- Compensation of officers, directors and key employees
- $54,000
- Salaries, compensation and benefits (total)
- $58,306
- Professional fundraising fees
- $0
- Legal fees
- $400
- Accounting fees
- $4,220
- Depreciation
- $10,461
- Program services (functional)
- $119,882
- Management and general (functional)
- $135,499
Balance sheet and other
- Total assets, start of year
- $1,758,604
- Total assets, end of year
- $1,904,295
- Total liabilities, end of year
- $8,508
- Net assets, end of year
- $1,895,787
- Land, buildings and equipment
- $1,220,444
- Gross receipts
- $393,289
- Employees
- 1
- Volunteers
- 5
- Year formed
- 1994
- State of legal domicile
- CA
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, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| MI JIN LEE | SECRETARY Officer | 40 | $54,000 |
| EUNICE LEE | C.E.O. Trustee or director, Officer | 10 | $0 |
| CHRIS K KIM | C.F.O. Trustee or director, Officer | 2 | $0 |
990 for the year ended December 31, 2024: 3 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| MI JIN LEE | SECRETARY Officer | 40 | $43,091 |
| MONICA RYOO | C.E.O. Trustee or director, Officer | 10 | $0 |
| CHRIS K KIM | C.F.O. Trustee or director, Officer | 2 | $0 |
990 for the year ended December 31, 2023: 3 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| MI JIN LEE | SECRETARY Officer | 40 | $42,400 |
| MONICA RYOO | C.E.O. Trustee or director, Officer | 10 | $0 |
| CHRIS K KIM | C.F.O. Trustee or director, Officer | 2 | $0 |
Address and contacts
- Address (IRS master file)
- 3310 BEVERLY BLVD, LOS ANGELES, CA 90004-6004
- Principal officer (990 for 2025)
- EUNICE LEE, 3310 BEVERLY BLVD, LOS ANGELES, CA 90004
- Signed the 990
- EUNICE LEE, PRESIDENT
- Phone
- (213) 380-5712
- Website
- www.klacUSA.org
- Return prepared by
- Kyung S Kim CPA
California records
California keeps its own records of charities and corporations. Search them by EIN 95-4497495 or by the name FOUNDATION FOR KOREAN LANGUAGE & CULTURE IN THE USA.
- Attorney General, Registry of Charities and Fundraisers
- Registration status and filed reports (CT-TR-1, RRF-1)
- Secretary of State, bizfile Online
- Corporation status, entity number, agent for service
- Franchise Tax Board
- Entity status letter (state tax exemption, good standing)
Mission
CHARITY TO EDUCATION
Program accomplishments
- TO SUPPORT KOREAN CLASSES AND EDUCATE KOREAN LANGUAGE TEACHERS AS WELL AS GENERAL PUBLICExpenses $27,760 · revenue -$27,760
- TO SUPPORT KOREAN STUDY AND RESEARCH FOR KOREAN CLASS CURRICULUM DEVELOPMENT AND THE CULTURAL UNDERSTANDINGExpenses $92,122 · grants $371,060 · revenue $278,938
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 year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | 990 on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 95-4497495
- 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
- 1996
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Arts, culture and humanities (A230)
- Assets (IRS master file)
- $1,904,295
- Income (IRS master file)
- $393,289
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | $393,289 | $255,381 | $1,904,295 | XML |
| 990 | December 2024 | $494,664 | $275,363 | $1,758,604 | XML |
| 990 | December 2023 | $753,467 | $314,563 | $1,542,915 | XML |
| 990 | December 2022 | $1,342,071 | $744,704 | $1,217,392 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2019 | – | – | – | IRS |
| 990 | December 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 95-4497495).
Questions about FOUNDATION FOR KOREAN LANGUAGE & CULTURE IN THE USA
- What is the EIN of FOUNDATION FOR KOREAN LANGUAGE & CULTURE IN THE USA?
- The employer identification number (EIN) of FOUNDATION FOR KOREAN LANGUAGE & CULTURE IN THE USA is 95-4497495.
- Is FOUNDATION FOR KOREAN LANGUAGE & CULTURE IN THE USA tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1996.
- Are donations to FOUNDATION FOR KOREAN LANGUAGE & CULTURE IN THE USA tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does FOUNDATION FOR KOREAN LANGUAGE & CULTURE IN THE USA 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 FOUNDATION FOR KOREAN LANGUAGE & CULTURE IN THE USA 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 FOUNDATION FOR KOREAN LANGUAGE & CULTURE IN THE USA last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2025.
- Who is the principal officer of FOUNDATION FOR KOREAN LANGUAGE & CULTURE IN THE USA?
- The 990 for the year ended December 31, 2025 names EUNICE LEE.
- Who are the officers and directors of FOUNDATION FOR KOREAN LANGUAGE & CULTURE IN THE USA?
- The 990 for the year ended December 31, 2025 lists 3 people; 1 received compensation from the organization, the highest $54,000 (MI JIN LEE, SECRETARY).
- How much revenue does FOUNDATION FOR KOREAN LANGUAGE & CULTURE IN THE USA have?
- On its 990 for the year ended December 31, 2025 it reported revenue of $393,289, expenses of $255,381 and total assets of $1,904,295 at year end.
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