Is it real?
Yes. Revoked Nov 2022, reinstated. IRS ruling Jul 2024, per the IRS master file. Latest filing on record: FY2024. IRS ruling in Jul 2024.
IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File
Where the money goes
79 cents of each dollar spent went to programs.
Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.
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Who runs it and what they're paid
11 people listed on the 990; $121K paid to officers and key staff.
Hyeonock Lee’s $65K as Executive Director is at the 90th percentile of top reported officer pay among 202 <$100K human services nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.
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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
Organizes Korean and Asian Americans for social, racial, and economic justice.
Questions for Woori Center
Your first name shows with your question. Woori Center answers here, for everyone.
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Civic Engagement
Helping register new voters and creating and distributing in-language material about elections; and aiming to educate voters about the election, their rights as voters, the issues the organization is working on, and how to vote.
Community Organizing
Organizing the korean and asian american community in the greater philadelphia and beyond to collectively address immigrant justice issues; and working alongside local immigrant justice organizations to advocate for legislative policy solutions for the immigrant community at a statewide level in pennsylvania.
Community Services
Offering naturalization services, english as a second language classes, and other immigrant services to community members.
Funders
Who pays for it.
From grant filings on record. Receipts are incomplete: individual donors are never listed.
Grants
By the numbers
The FY2024 990, line by line.
Download 990
| Line | Start FY24 | End FY24 |
|---|---|---|
| Cash and savingsLn 1–2 | $235K | $160K |
| Total assetsLn 16 | $436K | $409K |
| LiabilitiesLn 26 | $139K | $9K |
| Net assetsLn 32 | $298K | $401K |
| Line | Total | Programs | Management | Fundraising |
|---|---|---|---|---|
| Grants to domestic individualsLn 2 | $1K | $1K | ||
| Pay of current officers, directors and key staffLn 5 | $112K | $104K | $4K | $4K |
| Other salaries and wagesLn 7 | $84K | $78K | $3K | $3K |
| Other employee benefitsLn 9 | $15K | $14K | $532 | $452 |
| Payroll taxesLn 10 | $17K | $16K | $596 | $637 |
| Management feesLn 11a | $500 | $500 | ||
| Accounting feesLn 11c | $34K | $34K | ||
| Other fees for servicesLn 11g | $63K | $61K | $2K | |
| Advertising and promotionLn 12 | $6K | $6K | $181 | |
| Office expensesLn 13 | $15K | $5K | $10K | |
| Information technologyLn 14 | $11K | $767 | $10K | |
| OccupancyLn 16 | $21K | $20K | $720 | |
| TravelLn 17 | $21K | $14K | $6K | |
| InsuranceLn 23 | $3K | $3K | ||
| Other expenses (24a–d)Ln 24 | $8K | $3K | $5K | |
| All other expensesLn 24e | $1K | $1K | ||
| Total functional expensesLn 25 | $412K | $324K | $80K | $8K |
Filing history
| Year | Money in | Money out | In minus out | Net assets | Download |
|---|---|---|---|---|---|
| FY2024 Latest Viewing | $515K | $412K | $103K | $401K | 990 PDF |
| FY2023 | $438K | $394K | $44K | $298K | 990 PDF |
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Schedules filed Part IV
See the full FY2024 990 (6 parts)
Part I · Summary $515,095 revenue, 12 lines filed
Part VI · Governance 9 of 9 board members independent, no flags
Part VIII · Statement of revenue $515,095 across 5 lines filed
Part IX · Statement of functional expenses $412,307 across 16 lines filed
Part X · Balance sheet $409,137 assets, 11 lines filed
Part XI · Reconciliation of net assets $400,613 net assets at year end
Form 990 e-file (XML) FY2024 from the IRS · Classification, formation year and address from the IRS Business Master File
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