Hasang Institute For Korean-american Culture and Educat is a 501(c)(3) organization based in Fairfax, Virginia, registered in 2010, with $272,903 in FY2023 revenue. CharityIndex grades it C+.
Revenue (FY2023)
$273K
▲ 19.3% vs prior year
Arts & Culture median: $159K
Expenses (FY2023)
$215K
Net assets
$249K
Employees
—
Rated on 2 of 4 criteria — the rest aren't reported in this filing type.
Held down by its weakest criterion — a strong score on one criterion can't hide a weak one.
How the rating works →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 Hasang Institute For Korean-american Culture and Educat— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
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 Hasang Institute For Korean-american Culture and Educat: 14 mo reserves · +21% margin earns a A on this criterion. See the exact thresholds →
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 Hasang Institute For Korean-american Culture and Educat— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
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 Hasang Institute For Korean-american Culture and Educat: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Revenue grew from $215K (FY2013) to $273K (FY2023) across 11 reported years.
Financial snapshot
Operating margin
21.4%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$249K
Total liabilities
$26
Net assets
$249K
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $272,903▲19.3% | $214,524▲20.4% | $249,468▲30.6% | $249,494▲30.5% | 990 |
| 2022 | $228,835▲169% | $178,193▲115% | $191,088▲36.1% | $191,207▲35.3% | 990 |
| 2021 | $84,985▲178% | $82,966▲63.0% | $140,446▲1.5% | $141,358▲3.1% | 990 |
| 2020 | $30,593▼86.8% | $50,886▼78.5% | $138,427▼12.8% | $137,098▼13.1% | 990 |
| 2019 | $231,270▲17.9% | $236,340▲13.7% | $158,720▼3.1% | $157,764▼3.5% | 990 |
| 2018 | $196,112▼10.8% | $207,795▲1.3% | $163,790▼6.7% | $163,479▼6.8% | 990 |
| 2017 | $219,930▼6.6% | $205,067▼0.5% | $175,474▲9.3% | $175,475▲8.1% | 990 |
| 2016 | $235,514▲14.6% | $206,051▼0.7% | $160,611▲22.5% | $162,384▲23.4% | 990 |
| 2015 | $205,443▼7.2% | $207,442▼12.4% | $131,148▼1.5% | $131,603▼1.3% | 990 |
| 2014 | $221,461▲3.1% | $236,914▲16.9% | $133,147▼10.4% | $133,377▼10.5% | 990 |
| 2013 | $214,818 | $202,688▲21.9% | $148,600▲8.9% | $149,023▲9.1% | 990 |
| 2012 | — | $166,209▼8.7% | $136,470▼0.5% | $136,645▼0.9% | 990 |
| 2011 | — | $182,059 | $137,180 | $137,829 | 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.
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Data for Hasang Institute For Korean-american Culture and Educat (EIN 27-0734811) 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.