Association of Korean Asian Medicine & Acupuncture of Californ
501(c)(6)
Only null% goes to programs
Association of Korean Asian Medicine & Acupuncture of Californ is a 501(c)(6) organization based in Los Angeles, California, registered in 1997, with $136,674 in FY2023 revenue. CharityIndex grades it C.
3242 W 8th St 110, Los Angeles, CA, 90005 EIN 95-4630451 Since 1997
Revenue (FY2023)
$137K
▲ 10.6% vs prior year
Expenses (FY2023)
$164K
Net assets
$35K
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
C
—Program efficiency40% of the ratingNo expense breakdown in filings
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Association of Korean Asian Medicine & Acupuncture of Californ— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
C+Financial health25% of the rating3 mo reserves · -20% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Association of Korean Asian Medicine & Acupuncture of Californ: 3 mo reserves · -20% margin earns a C+ on this criterion. See the exact thresholds →
—Governance25% of the ratingNot reported in this filing type
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Association of Korean Asian Medicine & Acupuncture of Californ— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
DTransparency10% of the rating1 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Association of Korean Asian Medicine & Acupuncture of Californ: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Contact & location
- Address
- 3242 W 8th St 110, Los Angeles, CA, 90005
- City
- Los Angeles
- State
- California
- Category
- —
- Subcategory
- —
Financial trends
Revenue declined from $156K (FY2015) to $137K (FY2023) across 8 reported years.
Financial snapshot
Financial health & position (FY2023)
Liabilities $3,887Net assets $35K
Operating margin
-20.0%
Spent more than it raised in the latest fiscal year.
Total assets
$39K
Total liabilities
$3,887
Net assets
$35K
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $136,674▲10.6% | $163,956▲56.5% | $35,063▼43.8% | $38,950▼41.1% | 990 |
| 2022 | $123,588▲3.9% | $104,732▼18.1% | $62,345▲43.4% | $66,151▲50.9% | 990 |
| 2021 | $118,911▼20.7% | $127,908▲8.9% | $43,489▼17.1% | $43,829▼16.5% | 990 |
| 2020 | $149,950▲42.2% | $117,415▲21.1% | $52,486▲163% | $52,486▲163% | 990 |
| 2019 | $105,484▼41.8% | $96,964▼43.3% | $19,951▲68.7% | $19,951▲52.4% | 990 |
| 2018 | $181,089▲82.5% | $170,906▲70.2% | $11,825▲12.5% | $13,093▲24.6% | 990 |
| 2016 | $99,242▼36.3% | $100,442▼34.9% | $10,511▼10.2% | $10,511▼10.2% | 990 |
| 2015 | $155,708 | $154,207 | $11,711 | $11,711 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Frequently asked questions
- Is Association of Korean Asian Medicine & Acupuncture of Californ a legitimate nonprofit?
- Yes. Association of Korean Asian Medicine & Acupuncture of Californ is a 501(c)(6) organization registered with the U.S. Internal Revenue Service under EIN 95-4630451, based in Los Angeles, California.
- What is Association of Korean Asian Medicine & Acupuncture of Californ's EIN?
- Association of Korean Asian Medicine & Acupuncture of Californ's Employer Identification Number (EIN) is 95-4630451.
- How much revenue does Association of Korean Asian Medicine & Acupuncture of Californ report?
- Association of Korean Asian Medicine & Acupuncture of Californ reported $136,674 in total revenue on its fiscal year 2023 IRS Form 990 filing.
- What financial grade does Association of Korean Asian Medicine & Acupuncture of Californ have?
- CharityIndex grades Association of Korean Asian Medicine & Acupuncture of Californ C, based on financial health (reserves and operating margin).
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Data for Association of Korean Asian Medicine & Acupuncture of Californ (EIN 95-4630451) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.