Korean Drycleaners & Laundry Association of Southern Calif
501(c)(6)Community
Only null% goes to programs Strong reserves Declining revenue
Korean Drycleaners & Laundry Association of Southern Calif is a 501(c)(6) organization based in Gardena, California, registered in 2002, with $14,772 in FY2024 revenue. CharityIndex grades it F.
555 W Redondo Beach Blvd Ste 247, Gardena, CA, 90248 EIN 33-0211745 Since 2002
Revenue (FY2024)
$15K
▼ 72.3% vs prior year
Community median: $184K
Expenses (FY2024)
$59K
Net assets
$69K
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
F
—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 Korean Drycleaners & Laundry Association of Southern Calif— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
FFinancial health25% of the rating14 mo reserves · -297% 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 Korean Drycleaners & Laundry Association of Southern Calif: 14 mo reserves · -297% margin earns a F 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 Korean Drycleaners & Laundry Association of Southern Calif— 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 Korean Drycleaners & Laundry Association of Southern Calif: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Contact & location
- Address
- 555 W Redondo Beach Blvd Ste 247, Gardena, CA, 90248
- City
- Gardena
- State
- California
- Subcategory
- Business & Industry Associations
Financial trends
Revenue declined from $93K (FY2011) to $15K (FY2024) across 12 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $1,866Net assets $69K
Operating margin
-296.9%
Spent more than it raised in the latest fiscal year.
Total assets
$71K
Total liabilities
$1,866
Net assets
$69K
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $14,772▼72.3% | $58,632▼21.2% | $69,465▼38.7% | $71,331▼37.4% | 990EZ |
| 2023 | $53,353▲251% | $74,453▲14.7% | $113,325▼15.7% | $113,944▼16.0% | 990EZ |
| 2022 | $15,186▼56.3% | $64,897▲35.0% | $134,425▼27.0% | $135,646▼26.9% | 990EZ |
| 2021 | $34,735▲22.1% | $48,076▲3.0% | $184,136▼6.8% | $185,444▼6.2% | 990EZ |
| 2020 | $28,458▼64.1% | $46,660▼41.1% | $197,477▼9.3% | $197,768▼9.2% | 990EZ |
| 2019 | $79,375▼9.7% | $79,196▲14.7% | $217,811▼8.0% | $217,811▼8.4% | 990EZ |
| 2018 | $87,945▲4.9% | $69,034▼28.1% | $236,655▲4.8% | $237,707▲4.8% | 990EZ |
| 2017 | $83,863▼12.2% | $95,992▼12.4% | $225,849▼5.1% | $226,851▼5.1% | 990EZ |
| 2016 | $95,527▼22.4% | $109,597▼7.5% | $237,978▼5.3% | $238,950▼5.3% | 990EZ |
| 2015 | $123,092▼3.4% | $118,494▲2.0% | $251,346▲1.9% | $252,318▲1.9% | 990EZ |
| 2014 | $127,401▲37.7% | $116,117▲25.9% | $246,748▼1.8% | $247,581▼2.1% | 990EZ |
| 2011 | $92,545 | $92,197 | $251,355 | $252,802 | 990EZ |
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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Compare Korean Drycleaners & Laundry Association of Southern Calif
Frequently asked questions
- Is Korean Drycleaners & Laundry Association of Southern Calif a legitimate nonprofit?
- Yes. Korean Drycleaners & Laundry Association of Southern Calif is a 501(c)(6) organization registered with the U.S. Internal Revenue Service under EIN 33-0211745, based in Gardena, California.
- What is Korean Drycleaners & Laundry Association of Southern Calif's EIN?
- Korean Drycleaners & Laundry Association of Southern Calif's Employer Identification Number (EIN) is 33-0211745.
- How much revenue does Korean Drycleaners & Laundry Association of Southern Calif report?
- Korean Drycleaners & Laundry Association of Southern Calif reported $14,772 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Korean Drycleaners & Laundry Association of Southern Calif have?
- CharityIndex grades Korean Drycleaners & Laundry Association of Southern Calif F, based on financial health (reserves and operating margin).
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Data for Korean Drycleaners & Laundry Association of Southern Calif (EIN 33-0211745) 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.