Korean-American Society Of St Louis in St Louis, Missouri (MO)
Table of contents:
| Korean-American Society Of St Louis | |
| Employer Identification Number (EIN) | 431505698 |
| Name of Organization | Korean-American Society Of St Louis |
| In Care of Name | Kimmie Foster |
| Address | 12941 Olive St, St Louis, MO 63141-6149 |
| Subsection | Charitable Organization |
| Ruling Date | 04/1998 |
| Deductibility | Contributions are deductible |
| Foundation | Organization which receives a substantial part of its support from a governmental unit or the general public |
| Organization | Corporation |
| Exempt Organization Status | Unconditional Exemption |
| Tax Period | 12/2013 |
| Assets | $100,000 to $499,999 |
| Income | $25,000 to $99,999 |
| Filing Requirement | 990 - Required to file Form 990-N - Income less than $25,000 per year |
| Asset Amount | $111,010 |
| Amount of Income | $43,457 |
| Form 990 Revenue Amount | $23,090 |
| National Taxonomy of Exempt Entities (NTEE) | Human Services - Multipurpose and Other: Ethnic, Immigrant Centers, Services |
Non-representatives - add comments:
Amount of income in 2013: $43,457 (it was $79,953 in 2012)
| Korean-American Society Of St Louis: | $43,457 |
| Other organizations performing similar types of work: | $57,157 |
Assets in 2013: $111,010 (it was $92,347 in 2012)
| This organization: | $111,010 |
| Other organizations performing similar types of work: | $16,796 |
Expenses in 2013: $23,794
| This organization: | $23,794 |
| Other organizations performing similar types of work: | $54,286 |
Income to expenses ratio in 2013: 1.8
| Korean-American Society Of St Louis: | 1.8 |
| Other organizations performing similar types of work: | 0.5 |
Grants share in income in 2013: 89.3%
| This organization: | 89.3% |
| Other organizations performing similar types of work: | 3.0% |
Revenue for 2013
| Revenue, Expenses, and Changes in Net Assets or Fund Balances | |||
| 2011 | 2012 | 2013 | |
|---|---|---|---|
| Total revenue | $74,814 | $36,865 | $23,090 |
| Contributions, gifts, grants, and similar amounts received | $71,840 | $34,405 | $20,610 |
| Program service revenue including government fees and contracts | $0 | $0 | $0 |
| Membership dues and assessments | $0 | $0 | $0 |
| Investment income | $0 | $0 | $0 |
| Gain/Loss from sale of assets other than inventory | $0 | $0 | $0 |
| Net income/loss from gaming and fundraising events | $2,974 | $2,460 | $2,480 |
| Gross income from gaming | $29,876 | $45,548 | $22,847 |
| Gross income from fundraising events | $0 | $0 | $0 |
| Less: direct expenses from gaming and fundraising events | $26,902 | $43,088 | $20,367 |
| Gross profit/loss from sales of inventory | $0 | $0 | $0 |
| Other revenue | $0 | $0 | $0 |
| Total expenses | $87,074 | $41,035 | $23,794 |
| Total net assets | $96,517 | $92,347 | $111,010 |
| Excess/Deficit for the year | $-12,260 | $-4,170 | $-704 |
| Net assets or fund balances at beginning of year | $108,777 | $96,517 | $111,714 |
| Other changes in net assets or fund balances | $0 | $0 | $0 |
| Net assets or fund balances at end of year | $92,347 | $91,643 | |
| Balance Sheets | |||
| 2011 | 2012 | 2013 | |
|---|---|---|---|
| Total assets | $96,517 | $92,347 | $111,010 |
| Total liabilities | $0 | $0 | $0 |
| Net assets or fund balances | $96,517 | $92,347 | $111,010 |
| Other Information | |||
| 2011 | 2012 | 2013 | |
|---|---|---|---|
| Did the organization engage in any significant activity not previously reported to the IRS? | No | No | |
| Were any significant changes made to the organizing or governing documents? | No | No | |
| Did the organization have unrelated business gross income of $1,000 or more during the year from business activities | No | No | No |
| Has the organization filed a Form 990-T for the year? | No | No | |
| Did the organization undergo a liquidation, dissolution, termination, or significant disposition of net assets during the year? | No | No | |
| Amount of political expenditures, direct or indirect | $0 | $0 | |
| Did the organization file Form 1120-POL for this year? | No | No | |
| Did the organization borrow from, or make any loans to, any officer, director, trustee, or key employee or were any such loans made in a prior year and still outstanding at the end of the tax year covered by this return? | No | No | |
| Total amount involved | $0 | $0 | |
| Initiation fees and capital contributions | $0 | $0 | $0 |
| Gross receipts for public use of club facilities | $0 | $0 | $0 |
| Did the organization engage in any section 4958 excess benefit transaction during the year, or did it engage in an excess benefit transaction in a prior year that has not been reported on any of its prior Forms 990 or 990-EZ? | No | No | |
| At any time during the tax year, was the organization a party to a prohibited tax shelter transaction? | No | No | |
| Reason for Public Charity Status (for 2013) | |
| The organization is not a private foundation because it is: | An organization that normally receives: (1) more than 33 1/3 % of its support from contributions, membership fees, and gross receipts from activities related to its exempt functions - subject to certain exceptions, and (2) no more than 33 1/3 % of its support from gross investment income and unrelated business taxable income (less section 511 tax) from businesses acquired by the organization after June 30, 1975 |
| Number of organizations supported | 0 |
| Sum of amounts of support | $0 |
| Support Schedule for Organizations Described in Section 509(a)(2) (for 2009 - 2013) | |
| 2009 - 2013 Total | |
|---|---|
| Public support | $302,058 |
| Subtotal | $302,058 |
| Gifts, grants, contributions, and membership fees received | $302,058 |
| Gross receipts from admissions, merchandise sold or services performed, or facilities furnished in any activity that is related to the organization's tax-exempt purpose | $0 |
| Gross receipts from activities that are not an unrelated trade or business under section 513 | $0 |
| Tax revenues levied for the organization's benefit and either paid to or expended on its behalf | $0 |
| The value of services or facilities furnished by a governmental unit to the organization without charge | $0 |
| Less | $0 |
| Amounts received from disqualified persons | $0 |
| Amounts received from other than disqualified persons that exceed the greater of $5,000 or 1% of the total support | $0 |
| Total support | $302,058 |
| Public support | $302,058 |
| Subtotal | $0 |
| Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources | $0 |
| Unrelated business taxable income (less section 511 taxes) from businesses acquired after June 30, 1975 | $0 |
| Net income from unrelated business activities, whether or not the business is regularly carried on | $0 |
| Other income | $0 |
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| Organizations performing similar types of work | |||||
| Id | Name | Address | State | Established | Total Income |
|---|---|---|---|---|---|
| 1 | Turkish American Intercultural Educational Foundation, Taief | 2032-3 Cannons Height Dr, Chesterfield, MO 63017 | MO | 2007-08 | $206,995 |
| 2 | Migrant And Immigrant Community Action Project | 3460 Tedmar Ave, Saint Louis, MO 63139 | MO | 2012-01 | $120,819 |
| 3 | St Louis Christian Chinese Community Service Center | 8225 Olive Blvd, Saint Louis, MO 63132-2708 | MO | 2003-12 | $116,552 |
| 4 | Somali Foundation Inc | 2611 E 11th St, Kansas City, MO 64127-1315 | MO | 1999-10 | $79,911 |
| 5 | Vietnamese Association Of Missouri Inc | 3662 Fairview Ave, Saint Louis, MO 63116-4747 | MO | 2000-10 | $6,259 |
| 6 | Nigerian Cultural Association, C-O Raheem Adegboye | PO BOX 2544, Florissant, MO 63032-2544 | MO | 1992-08 | $3,400 |
| 7 | African House | 3556 S Grand Blvd 2nd Flr, St Louis, MO 63118-3416 | MO | 2005-06 | $0 |
| 8 | Amigos Of St Charles | 124 Birkdale Ct, St Charles, MO 63303-1501 | MO | 2004-04 | $0 |
| 9 | Ancient Order Of Hibernians Of St Joseph Inc | Po Box 6487, Saint Joseph, MO 64506-0487 | MO | 2004-12 | $0 |
| 10 | Banadir And Brava Community | 1907 Maury Ave # A, Saint Louis, MO 63110-3205 | MO | 2000-08 | $0 |
| 11 | Bantu Community Association | 2300 Main St, Kansas City, MO 64108 | MO | 2009-02 | $0 |
| 12 | Burundi Progressive Union | 921 Hickory Street, Saint Louis, MO 63104 | MO | 2014-12 | $0 |
| 13 | Families With Children From China - St Louis | Po Box 220373, Kirkwood, MO 63122 | MO | 2004-01 | $0 |
| 14 | Filipino American Association Of Missouri, Faamo | 16542 Branchwood Dr, Wildwood, MO 63011-1845 | MO | 2014-08 | $0 |
| 15 | Joplin International Center Inc | 601 S Main St, Joplin, MO 64801-2378 | MO | 2006-03 | $0 |
| 16 | Kansas City Eritrean Development Foundation | 4130 N Campbell, Kansas City, MO 64116 | MO | 2002-10 | $0 |
| 17 | Korean Ethical Forum Foundation | 10725 Midwest Industrial Blvd, Saint Louis, MO 63132-1609 | MO | 2010-12 | $0 |
| 18 | Latinos En Axion Stl | 2715 Cherokee St Ste 2a, Saint Louis, MO 63118-3042 | MO | 2014-10 | $0 |
| 19 | Light Into The World | 101 Meadowbrook Cc, Ballwin, MO 63011-1678 | MO | 2002-06 | $0 |
| 20 | Milan Centro Latino | Po Box 70, Milan, MO 63556 | MO | 2002-07 | $0 |
| Number of organizations performing similar types of work | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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| Total | 2,258 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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