League of Korean-americans of the USA Inc
Only null% goes to programs Strong reserves Declining revenue
League of Korean-americans of the USA Inc is a 501(c)(3) organization based in Clarksville, Maryland, registered in 2016, with $50,287 in FY2024 revenue. CharityIndex grades it C+.
6401 Richardson Farm Ln, Clarksville, MD, 21029 EIN 54-1661857 Since 2016
Revenue (FY2024)
$50K
▲ 8.9% vs prior year
Arts & Culture median: $159K
Expenses (FY2024)
$56K
Net assets
$37K
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 League of Korean-americans of the USA Inc— 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 rating8 mo reserves · -12% 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 League of Korean-americans of the USA Inc: 8 mo reserves · -12% 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 League of Korean-americans of the USA Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
CTransparency10% of the rating2 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 League of Korean-americans of the USA Inc: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Contact & location
- Address
- 6401 Richardson Farm Ln, Clarksville, MD, 21029
- City
- Clarksville
- State
- Maryland
- Category
- Arts, Culture & Humanities
- Subcategory
- Arts & Cultural Organizations
- Website
- …
Financial trends
Revenue grew from $5,587 (FY2016) to $50K (FY2024) across 7 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $0Net assets $37K
Operating margin
-11.8%
Spent more than it raised in the latest fiscal year.
Total assets
$37K
Total liabilities
$0
Net assets
$37K
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $50,287▲8.9% | $56,206▲24.1% | $37,013▼13.8% | $37,013▼13.8% | 990 |
| 2023 | $46,175▲16.2% | $45,302▲26.0% | $42,932▲2.1% | $42,932▲2.1% | 990 |
| 2022 | $39,725▼63.6% | $35,960▼61.0% | $42,060▲9.8% | $42,060▲9.8% | 990 |
| 2021 | $109,123▲6153% | $92,166▲5804% | $38,294▲943% | $38,294 | 990 |
| 2018 | $1,745▼43.4% | $1,561▼49.4% | -$4,544▲3.9% | $0 | 990 |
| 2017 | $3,085▼44.8% | $3,085▼42.9% | -$4,728 | $0 | 990 |
| 2016 | $5,587 | $5,400 | -$4,728 | $0 | 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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Compare League of Korean-americans of the USA Inc
Frequently asked questions
- Is League of Korean-americans of the USA Inc a legitimate nonprofit?
- Yes. League of Korean-americans of the USA Inc is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 54-1661857, based in Clarksville, Maryland. Donations are tax-deductible.
- What is League of Korean-americans of the USA Inc's EIN?
- League of Korean-americans of the USA Inc's Employer Identification Number (EIN) is 54-1661857.
- How much revenue does League of Korean-americans of the USA Inc report?
- League of Korean-americans of the USA Inc reported $50,287 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does League of Korean-americans of the USA Inc have?
- CharityIndex grades League of Korean-americans of the USA Inc C+, based on financial health (reserves and operating margin).
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Data for League of Korean-americans of the USA Inc (EIN 54-1661857) 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.