Nonprofit · EIN 95-4611649
KOREAN AMERICAN EDUCATION FOUNDATION INC
Tax-exempt · LOS ANGELES, CA 90005
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | $831,114 | $930,501 | -$99,387 | $2,831,712 | $106,721 | $2,724,991 |
| December 31, 2024 | 990 | $803,503 | $822,967 | -$19,464 | $2,933,349 | $108,971 | $2,824,378 |
| December 31, 2023 | 990 | $534,464 | $680,632 | -$146,168 | $2,950,385 | $106,543 | $2,843,842 |
Financial details: 990 for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $625,782
- of which government grants
- $542,768
- Program service revenue
- $122,870
- Investment income
- $7
- Net rental income
- $82,455
- Other revenue
- $82,455
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $0
- Other salaries and wages
- $199,876
- Salaries, compensation and benefits (total)
- $216,342
- Professional fundraising fees
- $0
- Legal fees
- $5,000
- Accounting fees
- $3,703
- Travel
- $2,644
- Depreciation
- $128,754
- Program services (functional)
- $714,159
- Management and general (functional)
- $216,342
Balance sheet and other
- Total assets, start of year
- $2,933,349
- Total assets, end of year
- $2,831,712
- Total liabilities, end of year
- $106,721
- Net assets, end of year
- $2,724,991
- Land, buildings and equipment
- $2,507,210
- Net assets with donor restrictions
- $2,724,991
- Gross receipts
- $1,336,327
- Employees
- 7
- Year formed
- 1996
- 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 |
|---|---|---|---|
| SANGBEOM LEE | CFO Trustee or director, Officer | 40 | $0 |
| HAROLD CHOI | CEO Trustee or director, Officer | 1 | $0 |
| JI EUN LEE | DIRECTOR Trustee or director | 1 | $0 |
| HYUJOUNG KIM | DIRECTOR Trustee or director | 1 | $0 |
| EILENE SHIN | DIRECTOR Trustee or director | 1 | $0 |
| SANGHUN CHO | DIRECTOR Trustee or director | 1 | $0 |
| SUE K CHOI | DIRECTOR Trustee or director | 1 | $0 |
| BYUNGSEUNG LEE | SECRETARY Trustee or director, Officer | 40 | $0 |
| JUWEON YUN | DIRECTOR Trustee or director | 1 | $0 |
| NAMHEE LEE | DIRECTOR Trustee or director | 1 | $0 |
| STEVE C KIM | DIRECTOR Trustee or director | 1 | $0 |
| DANIEL S PARK | DIRECTOR Trustee or director | 1 | $0 |
| B CHRISTINE PARK | DIRECTOR Trustee or director | 1 | $0 |
| KYEUNGEUN LEE | DIRECTOR Trustee or director | 1 | $0 |
| SEUNGHYE SEO | DIRECTOR Trustee or director | 1 | $0 |
990 for the year ended December 31, 2024: 15 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| MONICA RYOO | DIRECTOR Trustee or director | 1 | $0 |
| HYUNGWOOK KIM | PRESIDENT Trustee or director | 5 | $0 |
| JEONHOON KANG | SECRETARY Trustee or director | 40 | $0 |
| ANNA CHO | DIRECTOR Trustee or director | 1 | $0 |
| YOUNGSEOK SUH | DIRECTOR Trustee or director | 1 | $0 |
| JOONDO KIM | DIRECTOR Trustee or director | 1 | $0 |
| HAROLD CHOI | DIRECTOR Trustee or director | 1 | $0 |
| DALE JUNCHANG PARK | DIRECTOR Trustee or director | 1 | $0 |
| JI EUN LEE | DIRECTOR Trustee or director | 1 | $0 |
| STEVE PAEK | DIRECTOR Trustee or director | 1 | $0 |
| HYUJOUNG KIM | DIRECTOR Trustee or director | 1 | $0 |
| IRENE SHIN | DIRECTOR Trustee or director | 1 | $0 |
| SANGHUN CHO | DIRECTOR Trustee or director | 1 | $0 |
| SUE K CHOI | DIRECTOR Trustee or director | 1 | $0 |
| SANGBEOM LEE | CFO Officer | 40 | $0 |
990 for the year ended December 31, 2023: 12 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| JASON LEE | AUDITOR Trustee or director | 3 | $0 |
| HA YOUNG CHOI | DIRECTOR Trustee or director | 1 | $0 |
| MONICA RYOO | DIRECTOR Trustee or director | 1 | $0 |
| KIRK AN | PRESIDENT Trustee or director | 5 | $0 |
| JEONHOON KANG | SECRETARY Trustee or director | 1 | $0 |
| SHIRLEY SHIN | DIRECTOR Trustee or director | 1 | $0 |
| ANNA CHO | DIRECTOR Trustee or director | 1 | $0 |
| YOUNGSEOK SUH | DIRECTOR Trustee or director | 1 | $0 |
| JOONDO KIM | DIRECTOR Trustee or director | 1 | $0 |
| HYUNGWOOK KIM | DIRECTOR Trustee or director | 1 | $0 |
| SANGBEOM LEE | SECRETARY Officer | 40 | $0 |
| STEVE PARK | DIRECTOR Officer | 40 | $0 |
Address and contacts
- Address (IRS master file)
- 680 WILSHIRE PL STE 200, LOS ANGELES, CA 90005-3959
- In care of
- % BYONG HO LEE
- Principal officer (990 for 2025)
- HAROLD CHOI, 680 WILSHIRE PL STE 200, LOS ANGELES, CA 90005
- Signed the 990
- HAROLD CHOI, PRESIDENT
- Phone
- (213) 386-3112
- Return prepared by
- YOO & CHAE CPAS ACCOUNTANCY CORP
California records
California keeps its own records of charities and corporations. Search them by EIN 95-4611649 or by the name KOREAN AMERICAN EDUCATION FOUNDATION INC.
- 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
EDUCATION OF KOREAN LANGUAGE, HERITAGE, AND CULTURE.
Program accomplishments
- Korean School Teachers Training Program. This program is designed to provide weekend Korean school teachers with an opportunity to evoke their passion and sense of mission on educating our young generation. The participants will acquire new teaching methodologies and skills as a professional.Expenses $95,829
- Korean Heritage Programs and Summer Youth Programs. This program provides Korean America Youths with opportunities to learn Korean language and cultural heritage through various classes to help establish their identity as Korean and develop their potential leadership skills in American society.Expenses $113,798 · revenue $209,361
- Community Programs - Adult Social Program and Korean Language Class for Other Community. Adult Social Program This program provides seniors with an opportunity to enhance their identity and pride of their Korean heritage. Korean Language Class for Other Community This program provide other communities with an opportunity to learn the Korean language and culture through this practical conversation class.Expenses $89,840
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
- 95-4611649
- 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
- 1997
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- International, foreign affairs and national security (Q21)
- Assets (IRS master file)
- $2,831,712
- Income (IRS master file)
- $1,336,327
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | $831,114 | $930,501 | $2,831,712 | IRS |
| 990 | December 2024 | $803,503 | $822,967 | $2,933,349 | XML |
| 990 | December 2023 | $534,464 | $680,632 | $2,950,385 | XML |
| 990 | December 2022 | $517,211 | $673,658 | $3,076,679 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | 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 95-4611649).
Questions about KOREAN AMERICAN EDUCATION FOUNDATION INC
- What is the EIN of KOREAN AMERICAN EDUCATION FOUNDATION INC?
- The employer identification number (EIN) of KOREAN AMERICAN EDUCATION FOUNDATION INC is 95-4611649.
- Is KOREAN AMERICAN EDUCATION FOUNDATION INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1997.
- Are donations to KOREAN AMERICAN EDUCATION FOUNDATION INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does KOREAN AMERICAN EDUCATION 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 AMERICAN EDUCATION 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 KOREAN AMERICAN EDUCATION FOUNDATION INC 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 KOREAN AMERICAN EDUCATION FOUNDATION INC?
- The 990 for the year ended December 31, 2025 names HAROLD CHOI.
- Who are the officers and directors of KOREAN AMERICAN EDUCATION FOUNDATION INC?
- The 990 for the year ended December 31, 2025 lists 15 people; 0 received compensation from the organization.
- How much revenue does KOREAN AMERICAN EDUCATION FOUNDATION INC have?
- On its 990 for the year ended December 31, 2025 it reported revenue of $831,114, expenses of $930,501 and total assets of $2,831,712 at year end.
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