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Korean American Special Education Center

Embrace Educate Empower

aka Korean Developmental Disability Center   |   Anaheim, CA   |  https://www.kasecca.org
GuideStar Charity Check

Korean American Special Education Center

EIN: 20-1635852


Mission

KASEC is dedicated to providing and facilitating comprehensive services for individuals within the Korean American community with developmental disabilities and mental health issues. KASEC strives to do this by helping these individuals and their families surmount any language and cultural barriers that might hinder access to services and by promoting an accurate understanding of developmental disabilities and mental health issues.

Ruling year info

2005

Executive Director

KyungHae Rosa Chang

Main address

1661 N Raymond Ave Ste 109

Anaheim, CA 92801 USA

Show more contact info

EIN

20-1635852

Subject area info

Special needs education

Population served info

Children and youth

Ethnic and racial groups

People with disabilities

NTEE code info

Specialized Education Institutions/Schools for Visually or Hearing Impaired, Learning Disabled (B28)

IRS subsection

501(c)(3) Public Charity

IRS filing requirement

This organization is required to file an IRS Form 990 or 990-EZ.

Tax forms

Communication

Programs and results

What we aim to solve

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Our programs

SOURCE: Self-reported by organization

What are the organization's current programs, how do they measure success, and who do the programs serve?

Unified Sports Program

Develop and enhance social, physical, and communication skills for students with developmental disabilities through learning basketball, playing games and socializing with peers without disabilities.

Population(s) Served
People with disabilities
Ethnic and racial groups

Where we work

Our Sustainable Development Goals

SOURCE: Self-reported by organization

Learn more about Sustainable Development Goals.

Financials

Korean American Special Education Center
Fiscal year: Jan 01 - Dec 31

Revenue vs. expenses:  breakdown

SOURCE: IRS Form 990 info
NET GAIN/LOSS:    in 
Note: When component data are not available, the graph displays the total Revenue and/or Expense values.

Liquidity in 2022 info

SOURCE: IRS Form 990

2.79

Average of 14.23 over 10 years

Months of cash in 2022 info

SOURCE: IRS Form 990

13.8

Average of 5.8 over 10 years

Fringe rate in 2022 info

SOURCE: IRS Form 990

24%

Average of 10% over 10 years

Funding sources info

Source: IRS Form 990

Assets & liabilities info

Source: IRS Form 990

Financial data

SOURCE: IRS Form 990

Korean American Special Education Center

Revenue & expenses

Fiscal Year: Jan 01 - Dec 31

SOURCE: IRS Form 990 info

Fiscal year ending: cloud_download Download Data

Korean American Special Education Center

Balance sheet

Fiscal Year: Jan 01 - Dec 31

SOURCE: IRS Form 990 info

The balance sheet gives a snapshot of the financial health of an organization at a particular point in time. An organization's total assets should generally exceed its total liabilities, or it cannot survive long, but the types of assets and liabilities must also be considered. For instance, an organization's current assets (cash, receivables, securities, etc.) should be sufficient to cover its current liabilities (payables, deferred revenue, current year loan, and note payments). Otherwise, the organization may face solvency problems. On the other hand, an organization whose cash and equivalents greatly exceed its current liabilities might not be putting its money to best use.

Fiscal year ending: cloud_download Download Data

Korean American Special Education Center

Financial trends analysis Glossary & formula definitions

Fiscal Year: Jan 01 - Dec 31

SOURCE: IRS Form 990 info

This snapshot of Korean American Special Education Center’s financial trends applies Nonprofit Finance Fund® analysis to data hosted by GuideStar. While it highlights the data that matter most, remember that context is key – numbers only tell part of any story.

Created in partnership with

* This organization changed its fiscal year accounting period in 2019. Please refer to its 2019 990s for more information.

Business model indicators

Profitability info 2017 2018 2019 * 2020 2022
Unrestricted surplus (deficit) before depreciation $63,434 $97,017 -$3,488 $500 $30,686
As % of expenses 28.0% 23.7% -0.7% 0.1% 6.2%
Unrestricted surplus (deficit) after depreciation $62,510 $95,822 -$4,740 -$1,065 $30,686
As % of expenses 27.5% 23.4% -0.9% -0.3% 6.2%
Revenue composition info
Total revenue (unrestricted & restricted) $289,812 $505,590 $515,561 $359,157 $528,918
Total revenue, % change over prior year 22.5% 74.5% 2.0% -30.3% 0.0%
Program services revenue 28.4% 16.2% 16.4% 4.0% 6.6%
Membership dues 0.0% 0.0% 0.0% 3.0% 1.4%
Investment income 0.0% 0.0% 0.0% 0.1% 0.3%
Government grants 0.0% 22.7% 32.2% 8.6% 24.9%
All other grants and contributions 71.6% 61.1% 51.4% 83.0% 66.8%
Other revenue 0.0% 0.0% 0.0% 1.4% 0.0%
Expense composition info
Total expenses before depreciation $226,378 $408,574 $517,046 $358,657 $498,232
Total expenses, % change over prior year 0.4% 80.5% 26.5% -30.6% 0.0%
Personnel 28.7% 35.1% 47.0% 50.7% 57.2%
Professional fees 1.1% 0.7% 1.3% 3.6% 1.0%
Occupancy 13.0% 7.1% 10.4% 7.4% 14.3%
Interest 0.0% 0.0% 0.0% 0.0% 0.1%
Pass-through 0.4% 0.1% 0.4% 0.0% 0.0%
All other expenses 56.8% 57.0% 41.0% 38.2% 27.4%
Full cost components (estimated) info 2017 2018 2019 2020 2022
Total expenses (after depreciation) $227,302 $409,769 $518,298 $360,222 $498,232
One month of savings $18,865 $34,048 $43,087 $29,888 $41,519
Debt principal payment $0 $0 $0 $0 $0
Fixed asset additions $0 $0 $2,400 $0 $0
Total full costs (estimated) $246,167 $443,817 $563,785 $390,110 $539,751

Capital structure indicators

Liquidity info 2017 2018 2019 2020 2022
Months of cash 6.5 8.8 4.6 12.3 13.8
Months of cash and investments 6.5 8.8 4.6 12.3 13.8
Months of estimated liquid unrestricted net assets 6.3 6.4 4.9 4.4 8.2
Balance sheet composition info 2017 2018 2019 2020 2022
Cash $122,502 $300,575 $197,619 $368,623 $574,435
Investments $0 $0 $0 $0 $0
Receivables $0 $0 $38,769 $0 $0
Gross land, buildings, equipment (LBE) $11,708 $11,708 $14,108 $14,108 $14,108
Accumulated depreciation (as a % of LBE) 77.7% 87.9% 81.8% 100.0% 100.0%
Liabilities (as a % of assets) 2.6% 27.9% 11.1% 56.4% 35.8%
Unrestricted net assets $121,819 $217,641 $212,901 $131,137 $339,310
Temporarily restricted net assets $0 $0 $2,003 N/A N/A
Permanently restricted net assets $0 $0 $0 N/A N/A
Total restricted net assets $0 $0 $2,003 $29,554 $29,554
Total net assets $121,819 $217,641 $214,904 $160,691 $368,864

Key data checks

Key data checks info 2017 2018 2019 2020 2022
Material data errors No No No No No

Operations

The people, governance practices, and partners that make the organization tick.

Documents
Form 1023/1024 is not available for this organization

Executive Director

KyungHae Rosa Chang

Number of employees

Source: IRS Form 990

Korean American Special Education Center

Officers, directors, trustees, and key employees

SOURCE: IRS Form 990

Compensation
Other
Related
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Compensation data
Download up to 5 most recent years of officer and director compensation data for this organization

There are no highest paid employees recorded for this organization.

Korean American Special Education Center

Board of directors
as of 02/26/2024
SOURCE: Self-reported by organization
Board of directors data
Download the most recent year of board of directors data for this organization
Board chair

Sungheon Kang

Wang Globalnet

Albert Jang

Kim & Lee CPA

John Kim

Cerritos Medical Center

Karen Moon

TITUS Management

Hyun Park

UCI

Kihong Park

Chunha Insurance

Organizational demographics

SOURCE: Self-reported; last updated 3/29/2023

Who works and leads organizations that serve our diverse communities? Candid partnered with CHANGE Philanthropy on this demographic section.

Leadership

The organization's leader identifies as:

Race & ethnicity
Asian/Asian American

Race & ethnicity

Gender identity

Transgender Identity

Sexual orientation

No data

Disability

No data