Korean Community Development Services Center

Tax-deductible

Philadelphia, PA501(c)(3)EIN 23-2303766

Korean community development services center's (kcdsc) mission is to provide the members of our community with support services that they need to achieve personal growth and pursue community growth. Kcdsc also provides services to newly-arrived immigrants and refugees as well as other low income and/or minority group.

501(c)(3) charity; gifts are tax-deductible.
95¢ of each $1 spent went to programs.
Run by 10 volunteers and 22 employees.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · People: Part I, lines 5–6

Before you give

FY2024 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
5 of 5
filings with a surplus
Average surplus $481K a year · 26% of revenue · last 5 filings
Looks good: a surplus in 5 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
95%
of spending
Looks good: 95% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$52K
to officers and key staff · 3% of spending
Looks good: pay to officers and key staff is 3% of spending; 15% or less.
Pt VII · Sec A
Cash reserves
11 mo
of spending, in cash
Looks good: 10.6 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $320K
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$128K
2% of total assets
Looks good: liabilities are 2% of assets; 50% or less.
Pt X · Ln 26
Independent board members
6
of 7 voting members
Looks good: 6 of 7 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$1.8M
+7% vs prior year
Spent
$1.6M
To programs
95%
Net assets
$5.4M
By yearFY2020–FY2024
Revenue
$1.8M
FY2024▲ +7%
Revenue by fiscal year
FY2020$1.6M
FY2021$2.2M
FY2022$1.9M
FY2023$1.7M
FY2024$1.8M
Expenses
$1.6M
FY2024▲ +8%
Expenses by fiscal year
FY2020$1.4M
FY2021$1.3M
FY2022$1.2M
FY2023$1.5M
FY2024$1.6M
Net assets
$5.4M
FY2024▲ +5%
Net assets by fiscal year
FY2020$3.4M
FY2021$4.3M
FY2022$5.1M
FY2023$5.1M
FY2024$5.4M

From the FY2024 Form 990 · see the original

Give Claim

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Aug 1985.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

95 cents of each dollar spent went to programs.

Program services 95% · $1.5M Management & general 5% · $85K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

Who runs it and what they're paid

8 people listed on the 990; $52K paid to officers and key staff.

Part VII, Section A · reportable compensation
Executive Director
$35,385Pt VII · Sec A
Chair of the Board
$16,731Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A

Compensation history total reportable pay by year · 2 named individuals · Part VII

NameFY2024FY2023FY2022FY2021FY2020
Don Yu$35,385————
Dr Jin H Yu$16,731$30,000$30,000$32,400$32,400

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

See Korean Community Development Services Center executive salaries →

Are you one of these people? Claim this org to confirm your role

Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes

Programs and updates

Supports community members, immigrants, and refugees with services for personal and community growth.

Provided by the organization

This section is blank until Korean Community Development Services Center claims this page.

Know this organization? Claim it to add your story

2 program services account for $1.5M of program spending, described in the organization's own filed words · FY2024.
01

Daycare Center Program

KCDSC provides extended day care for children of immigrants as well as other low income families. This program also offers a preschool program.

$862Kprogram expense
02

Housing Development

KCDSC acquires residential properties and rents the properties to immigrants and other low income families.

$638Kprogram expense

Run this program? Claim this org to tell your story

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · funders on record
Grants received · FY2022
Total grants receivedfrom 1 funder$320K

By the numbers

The FY2024 990, line by line.

1The main four
Money inPt VIII
$1.8M
Ln 12
Fees for servicesLn 2g$1.6M
Other incomeLn 4–11$263K
Investment incomeLn 3$21K
Money outPt IX
$1.6M
Ln 25
Programscol B$1.5M
Managementcol C$85K
Owns and owesPt X
$5.4M
net assets · Ln 32
Cash and savingsLn 1–2$1.4M
Total assetsLn 16$5.5M
LiabilitiesLn 26$128K
PeoplePt VI, VII
8
listed · VII A
PaidVII A2
Voting boardVI 1a7
IndependentVI 1b6
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$922
Fees for servicesLn 2g$1.6M
Investment incomeLn 3$21K
Other incomeLn 4–11$263K
Total revenueLn 12$1.8M
Assets in detailPt X, end of year
CashLn 1$1.4M
Cash and savings togetherLn 1–2$1.4M
Land, buildings, equipmentLn 10c$3.4M
Other assetsLn 15$423K
Total assetsLn 16$5.5M
LiabilitiesLn 26$128K
Net assetsLn 32$5.4M
OperationsPt I, VI
EmployeesI 522
VolunteersI 610
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY24End FY24
Cash and savingsLn 1–2$174K$1.4M
Land, buildings, equipmentLn 10c$4.0M$3.4M
Total assetsLn 16$5.3M$5.5M
LiabilitiesLn 26$123K$128K
Net assetsLn 32$5.1M$5.4M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Other salaries and wagesLn 7$604K$592K$12K$0
Payroll taxesLn 10$70K$68K$1K$0
Advertising and promotionLn 12$2K$0$2K$0
Office expensesLn 13$58K$55K$3K$0
Conferences, conventions and meetingsLn 19$7K$7K$0$0
Depreciation, depletion and amortizationLn 22$165K$165K$0$0
InsuranceLn 23$117K$105K$12K$0
Other expenses (24a–d)Ln 24$492K$438K$54K$0
All other expensesLn 24e$70K$69K$700$0
Total functional expensesLn 25$1.6M$1.5M$85K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest Viewing $1.8M$1.6M$251K$5.4M 990 PDF
FY2023 $1.7M$1.5M$237K$5.1M 990 PDF
FY2022 $1.9M$1.2M$751K$5.1M 990 PDF
FY2021 $2.2M$1.3M$962K$4.3M 990 PDF
FY2020 $1.6M$1.4M$205K$3.4M 990 PDF

Want to add your own materials alongside these filings? Claim this org

Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2024 990 (4 parts)
Part VIII · Statement of revenue $1,835,463 across 6 lines filed
VIII-1f All other contributions, gifts and grants$922
VIII-1h Total contributions, gifts and grants$922
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Unrelated business $0 · Excluded from tax $0$1,550,671
VIII-3 Investment incomeUnrelated business $0 · Excluded from tax $0$20,927
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Related to mission $262,943 · Unrelated business $0 · Excluded from tax $0$262,943
VIII-12 Total revenueRelated to mission $1,834,541 · Unrelated business $0 · Excluded from tax $0$1,835,463
Part IX · Statement of functional expenses $1,584,531 across 9 lines filed
IX-7 Other salaries and wagesPrograms $592,174 · Management $12,085 · Fundraising $0$604,259
IX-10 Payroll taxesPrograms $68,248 · Management $1,393 · Fundraising $0$69,641
IX-12 Advertising and promotionPrograms $0 · Management $1,650 · Fundraising $0$1,650
IX-13 Office expensesPrograms $54,742 · Management $2,881 · Fundraising $0$57,623
IX-19 Conferences, conventions and meetingsPrograms $7,451 · Management $0 · Fundraising $0$7,451
IX-22 Depreciation, depletion and amortizationPrograms $165,156 · Management $0 · Fundraising $0$165,156
IX-23 InsurancePrograms $105,130 · Management $11,681 · Fundraising $0$116,811
IX-24 Other expenses (24a–d)Programs $437,653 · Management $54,307 · Fundraising $0$491,960
IX-24e All other expensesPrograms $69,280 · Management $700 · Fundraising $0$69,980
IX-25 Total functional expensesPrograms $1,499,834 · Management $84,697 · Fundraising $0$1,584,531
Part X · Balance sheet $5,517,247 assets, 12 lines filed
X-1 Cash, non-interest-bearingStart of year $174,127$1,402,297
X-4 Accounts receivableStart of year $355,867$234,947
X-9 Prepaid expenses and deferred chargesStart of year $82,193$84,993
X-10c Land, buildings and equipment, netStart of year $4,019,298$3,372,272
X-15 Other assetsStart of year $629,183$422,738
X-16 Total assetsStart of year $5,260,668$5,517,247
X-17 Accounts payable and accrued expensesStart of year $64,601$70,393
X-25 Other liabilitiesStart of year $58,170$58,025
X-26 Total liabilitiesStart of year $122,771$128,418
X-27 Net assets without donor restrictionsStart of year $5,137,897$5,388,829
X-32 Total net assets or fund balancesStart of year $5,137,897$5,388,829
X-33 Total liabilities and net assetsStart of year $5,260,668$5,517,247
Part XI · Reconciliation of net assets $5,388,829 net assets at year end
XI-1 Total revenue$1,835,463
XI-2 Total expenses$1,584,531
XI-3 Revenue less expenses$250,932
XI-4 Net assets at start of year$5,137,897
XI-10 Net assets at end of year$5,388,829

Form 990 e-file (XML) FY2024 from the IRS · Classification, formation year and address from the IRS Business Master File

Similar organizations you could support · Compare with another nonprofit

Names, privacy, and removal requests More

The names, titles, and compensation shown on this page are reproduced from IRS Form 990 filings, which are public records.

Philanthropy.org does not alter the content of those filings. All information appears exactly as reported by the filing organization for the tax year shown.

We publish only information contained in the public IRS filing — and less than the filing contains. Our profile pages do not display street addresses, telephone numbers, personal email addresses, or other personal contact information, even where the filing includes them.

Many people share the same name. A name shown on this page reflects only what one organization reported in one IRS filing for one tax year. It should not be interpreted as identifying any other individual with the same or a similar name.

If you are no longer affiliated with the organization, your name will generally stop appearing in future IRS filings once the organization no longer reports you. Pages for tax years in which you were reported remain published because those filings remain part of the public record.

Philanthropy.org does not alter or remove IRS filing records. Removing a page from this website would not remove the underlying IRS filing, which remains publicly available from the IRS and other publishers of the same information.

If you believe the IRS filing itself is inaccurate, corrections must be made by the filing organization or the IRS directly.

If you ARE the filing organization, claim this org and add context

Made it to the end? Claim this organization

Keep this kind of thing free
Keep public charity data easy to read.

Free to the public, because obviously. Like this? Pay it forward. Don't like this? Help us get better.

Card, Apple Pay or Google Pay through Stripe. One time.
Keep this kind of thing free
Keep public charity data easy to read.

Free to the public, because obviously. Like this? Pay it forward. Don't like this? Help us get better.

Card, Apple Pay or Google Pay through Stripe. One time.

All figures are derived from public IRS Form 990 filings and are presented without evaluation of any organization. philanthropy.org does not rate, score, or rank organizations, including the pay comparisons above.