Woori Center FY2023 filing

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To organize korean and asian americans to achieve social, racial, and economic justice.

501(c)(3) charity; gifts are tax-deductible.
63¢ of each $1 spent went to programs.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX

Before you give

FY2023 · 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
2 of 2
filings with a surplus
Average surplus $73K a year · 15% of revenue · last 2 filings
Looks good: a surplus in 2 of the last 2 filings.
Pt I · Ln 19 · 2 filings
Spent on programs
63%
of spending
Worth a look: 63% of spending went to programs; under 65%.
Pt IX · Ln 25 · col B
Named funders
2
named funders · $93K
Fine: 2 funders name it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$139K
32% of total assets
Looks good: liabilities are 32% of assets; 50% or less.
Pt X · Ln 26
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$438K
Spent
$394K
To programs
63%
Net assets
$298K
By yearFY2023–FY2024
Revenue
$438K
FY2023
Tap a bar for its year
Revenue by fiscal year
FY2023$438K
FY2024$515K
Expenses
$394K
FY2023
Tap a bar for its year
Expenses by fiscal year
FY2023$394K
FY2024$412K
Net assets
$298K
FY2023
Tap a bar for its year
Net assets by fiscal year
FY2023$298K
FY2024$401K

From the FY2023 Form 990 (year ending June 2023) · see the original

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You’re viewing the FY2023 filing — not the latest on file. See the latest (FY2024) →

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

63 cents of each dollar spent went to programs.

Program services 63% · $250K Management & general 36% · $140K Fundraising 1% · $4K

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

The filing lists no officers, directors or 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.

See Woori Center executive salaries →

Programs and updates

Organizes Korean and Asian Americans for social, racial, and economic justice.

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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 · FY2024

By the numbers

The FY2023 990, line by line.

1The main four
Money inPt VIII
$438K
Ln 12
Gifts and grantsLn 1h$429K
Other incomeLn 4–11$8K
Money outPt IX
$394K
Ln 25
Programscol B$250K
Managementcol C$140K
Fundraisingcol D$4K
Owns and owesPt X
$298K
net assets · Ln 32
Total assetsLn 16$436K
LiabilitiesLn 26$139K
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$429K
Other incomeLn 4–11$8K
Total revenueLn 12$438K
Assets in detailPt X, end of year
Total assetsLn 16$436K
LiabilitiesLn 26$139K
Net assetsLn 32$298K
OperationsPt I, VI
EmployeesI 55
VolunteersI 625
Fiscal year endsHeaderJune

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 LatestFiled with the IRS Apr 23, 2025 $515K$412K$103K$401K 990 PDF
FY2023 ViewingFiled with the IRS Apr 30, 2025 $438K$394K$44K$298K 990 PDF

Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons A · Public support O · Explanations

Form 990 e-file (XML) FY2023 from the IRS · Classification, formation year and address from the IRS Business Master File

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