Korean American Special Education Center
Embrace Educate Empower
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
2005
Executive Director
KyungHae Rosa Chang
Main address
1661 N Raymond Ave Ste 109
Anaheim, CA 92801 USA
EIN
20-1635852
Special needs education
Population served
Children and youth
Ethnic and racial groups
People with disabilities
NTEE code
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
Our programs
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.
Where we work
External reviews
Our Sustainable Development Goals
Learn more about Sustainable Development Goals.
Financials
Revenue vs. expenses: breakdown
Liquidity in 2020 info
1.77
Months of cash in 2020 info
12.3
Fringe rate in 2020 info
10%
Funding sources info
Assets & liabilities info
Korean American Special Education Center
Revenue & expensesFiscal Year: Jan 01 - Dec 31
SOURCE: IRS Form 990
Korean American Special Education Center
Balance sheetFiscal Year: Jan 01 - Dec 31
SOURCE: IRS Form 990
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: Jan 01 - Dec 31
SOURCE: IRS Form 990
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
Business model indicators
| Profitability info | 2016 | 2017 | 2018 | 2019 * | 2020 |
|---|---|---|---|---|---|
| Unrestricted surplus (deficit) before depreciation | $11,191 | $63,434 | $97,017 | -$3,488 | $500 |
| As % of expenses | 5.0% | 28.0% | 23.7% | -0.7% | 0.1% |
| Unrestricted surplus (deficit) after depreciation | $9,867 | $62,510 | $95,822 | -$4,740 | -$1,065 |
| As % of expenses | 4.4% | 27.5% | 23.4% | -0.9% | -0.3% |
| Revenue composition info | |||||
|---|---|---|---|---|---|
| Total revenue (unrestricted & restricted) | $236,646 | $289,812 | $505,590 | $515,561 | $359,157 |
| Total revenue, % change over prior year | 25.8% | 22.5% | 74.5% | 2.0% | -30.3% |
| Program services revenue | 24.4% | 28.4% | 16.2% | 16.4% | 4.0% |
| Membership dues | 0.0% | 0.0% | 0.0% | 0.0% | 3.0% |
| Investment income | 0.0% | 0.0% | 0.0% | 0.0% | 0.1% |
| Government grants | 0.0% | 0.0% | 22.7% | 32.2% | 8.6% |
| All other grants and contributions | 75.6% | 71.6% | 61.1% | 51.4% | 83.0% |
| Other revenue | 0.0% | 0.0% | 0.0% | 0.0% | 1.4% |
| Expense composition info | |||||
|---|---|---|---|---|---|
| Total expenses before depreciation | $225,455 | $226,378 | $408,574 | $517,046 | $358,657 |
| Total expenses, % change over prior year | 44.3% | 0.4% | 80.5% | 26.5% | -30.6% |
| Personnel | 44.8% | 28.7% | 35.1% | 47.0% | 50.7% |
| Professional fees | 0.3% | 1.1% | 0.7% | 1.3% | 3.6% |
| Occupancy | 14.1% | 13.0% | 7.1% | 10.4% | 7.4% |
| Interest | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| Pass-through | 0.3% | 0.4% | 0.1% | 0.4% | 0.0% |
| All other expenses | 40.6% | 56.8% | 57.0% | 41.0% | 38.2% |
| Full cost components (estimated) info | 2016 | 2017 | 2018 | 2019 | 2020 |
|---|---|---|---|---|---|
| Total expenses (after depreciation) | $226,779 | $227,302 | $409,769 | $518,298 | $360,222 |
| One month of savings | $18,788 | $18,865 | $34,048 | $43,087 | $29,888 |
| Debt principal payment | $0 | $0 | $0 | $0 | $0 |
| Fixed asset additions | $0 | $0 | $0 | $2,400 | $0 |
| Total full costs (estimated) | $245,567 | $246,167 | $443,817 | $563,785 | $390,110 |
Capital structure indicators
| Liquidity info | 2016 | 2017 | 2018 | 2019 | 2020 |
|---|---|---|---|---|---|
| Months of cash | 3.0 | 6.5 | 8.8 | 4.6 | 12.3 |
| Months of cash and investments | 3.0 | 6.5 | 8.8 | 4.6 | 12.3 |
| Months of estimated liquid unrestricted net assets | 3.0 | 6.3 | 6.4 | 4.9 | 4.4 |
| Balance sheet composition info | 2016 | 2017 | 2018 | 2019 | 2020 |
|---|---|---|---|---|---|
| Cash | $56,935 | $122,502 | $300,575 | $197,619 | $368,623 |
| Investments | $0 | $0 | $0 | $0 | $0 |
| Receivables | $0 | $0 | $0 | $38,769 | $0 |
| Gross land, buildings, equipment (LBE) | $11,708 | $11,708 | $11,708 | $14,108 | $14,108 |
| Accumulated depreciation (as a % of LBE) | 69.8% | 77.7% | 87.9% | 81.8% | 100.0% |
| Liabilities (as a % of assets) | 1.9% | 2.6% | 27.9% | 11.1% | 56.4% |
| Unrestricted net assets | $59,309 | $121,819 | $217,641 | $212,901 | $131,137 |
| Temporarily restricted net assets | $0 | $0 | $0 | $2,003 | N/A |
| Permanently restricted net assets | $0 | $0 | $0 | $0 | N/A |
| Total restricted net assets | $0 | $0 | $0 | $2,003 | $29,554 |
| Total net assets | $59,309 | $121,819 | $217,641 | $214,904 | $160,691 |
Key data checks
| Key data checks info | 2016 | 2017 | 2018 | 2019 | 2020 |
|---|---|---|---|---|---|
| Material data errors | No | No | No | No | No |
Operations
The people, governance practices, and partners that make the organization tick.
Documents
Executive Director
KyungHae Rosa Chang
Number of employees
Source: IRS Form 990
Korean American Special Education Center
Officers, directors, trustees, and key employeesSOURCE: IRS Form 990
Compensation data
There are no highest paid employees recorded for this organization.
Korean American Special Education Center
Board of directorsas of 03/29/2023
Board of directors data
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
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
Gender identity
Sexual orientation
No data
Disability
No data
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