KOREAN AMERICAN FAMILY SERVICES INC: Form 990, tax year 2024

View the entire original 990 at ProPublica ↗

Organization
KOREAN AMERICAN FAMILY SERVICES INC (EIN 95-3899329)
Tax period
2024-07-01 to 2025-06-30
Filed
2026-05-07
IRS object ID
202631279349302703
Schema version
2024v5.5
Source
Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header ReturnHeader

FieldValueIRS element (for citing)
Return2026-05-07T12:10:49-05:00ReturnTs
Tax Period End2025-06-30TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN330700332PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1VASQUEZ & COMPANY LLPBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line1655 N CENTRAL AVE STE 1550AddressLine1Txt
CityGLENDALECityNm
State AbbreviationCAStateAbbreviationCd
ZIP91203ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2024-07-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN953899329EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1KOREAN AMERICAN FAMILY SERVICES INCBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlKOREBusinessNameControlTxt
Phone2133896755PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line13727 WEST 6TH STREET 320AddressLine1Txt
CityLOS ANGELESCityNm
State AbbreviationCAStateAbbreviationCd
ZIP90020ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonKATHERINE YEOMPersonNm
Person TitleEXECUTIVE DIRECTORPersonTitleTxt
Phone2133896755PhoneNum
Signature2026-05-06SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd
FieldValueIRS element (for citing)
IRS Responsible Prty Info CurrYes (1)IRSResponsiblePrtyInfoCurrInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonREGINA L PRINCE CPAPreparerPersonNm
PTINP00576936PTIN
Phone2138731700PhoneNum
FieldValueIRS element (for citing)
Tax2024TaxYr
Build TS2025-03-06 01:10:19ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerKATHERINE YEOMPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line13727 WEST 6TH STREET 320AddressLine1Txt
CityLOS ANGELESCityNm
State AbbreviationCAStateAbbreviationCd
ZIP90020ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$9,585,942GrossReceiptsAmt
Group Return For Affiliates0GroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website AddressWWW.KFAMLA.ORGWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation1983FormationYr
Legal Domicile StateCALegalDomicileStateCd
Activity Or MissionTO EMPOWER UNDERSERVED KOREAN AMERICAN AND ASIAN PACIFIC ISLANDER FAMILIES THROUGH CULTURALLY RESPONSIVE PROGRAMS.ActivityOrMissionDesc
Voting Members Governing Body15VotingMembersGoverningBodyCnt
Voting Members Independent15VotingMembersIndependentCnt
Total Employee56TotalEmployeeCnt
Total Volunteers32TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$9,779,348PYContributionsGrantsAmt
CY Contributions Grants$8,805,865CYContributionsGrantsAmt
PY Program Service Revenue$78,945PYProgramServiceRevenueAmt
CY Program Service Revenue$86,401CYProgramServiceRevenueAmt
PY Investment Income$119,042PYInvestmentIncomeAmt
CY Investment Income$212,213CYInvestmentIncomeAmt
PY Other Revenue$0PYOtherRevenueAmt
CY Other Revenue$0CYOtherRevenueAmt
PY Total Revenue$9,977,335PYTotalRevenueAmt
CY Total Revenue$9,104,479CYTotalRevenueAmt
PY Grants And Similar Paid$0PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$0CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members$0PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$2,479,690PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$2,910,383CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$0PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$27,905CYTotalFundraisingExpenseAmt
PY Other Expenses$4,823,010PYOtherExpensesAmt
CY Other Expenses$5,062,602CYOtherExpensesAmt
PY Total Expenses$7,302,700PYTotalExpensesAmt
CY Total Expenses$7,972,985CYTotalExpensesAmt
PY Revenues Less Expenses$2,674,635PYRevenuesLessExpensesAmt
CY Revenues Less Expenses$1,131,494CYRevenuesLessExpensesAmt
Total Assets BOY$7,752,841TotalAssetsBOYAmt
Total Assets EOY$9,209,617TotalAssetsEOYAmt
Total Liabilities BOY$1,244,929TotalLiabilitiesBOYAmt
Total Liabilities EOY$1,230,042TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$6,507,912NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$7,979,575NetAssetsOrFundBalancesEOYAmt
Info In Schedule O Part IIIYes (X)InfoInScheduleOPartIIIInd
MissionTO SUPPORT AND STRENGTHEN KOREAN AMERICAN FAMILIES AND INDIVIDUALS IN THE GREATER LOS ANGELES AREA THROUGH COUNSELING, EDUCATION, AND OTHER SOCIAL SERVICES. SINCE ITS INCEPTION IN 1983, KFAM HAS PROVIDED ASSISTANCE TO TENS OF THOUSANDS OF KOREAN AMERICANS PARTICULARLY WOMEN, CHILDREN, IMMIGRANTS, AND LOW-INCOME FAMILIES. KFAM SPECIALIZES IN PROVIDING LINGUISTICALLY AND CULTURALLY APPROPRIATE SERVICES THROUGH ITS BILINGUAL AND BICULTURAL STAFF.MissionDesc
Significant New Program Srvc0SignificantNewProgramSrvcInd
Significant Change0SignificantChangeInd
Expense$3,388,496ExpenseAmt
Revenue$86,401RevenueAmt
DescCHILD AND ADULT WELLNESS - PROGRAM PROVIDES INDIVIDUALS WITH TOOLS, SUPPORT AND RESOURCES TO MEET THEIR DIVERSE NEEDS AND ENHANCE THEIR QUALITY OF LIFE. CHILD CARE FOOD PROGRAM (CCFP) IS A FEDERAL AND STATE FUNDED PROGRAM THAT PLAYS A VITAL ROLE IN HELPING MANY LOW-INCOME CHILDREN TO RECEIVE HEALTHY AND NUTRITIOUS MEALS. KFAM TRAINED 150 CHILDCARE PROVIDERS AND SERVED NUTRITIOUS MEALS TO NEARLY 2,500 CHILDREN. SUBSTANCE ABUSE PREVENTION (SAPC) PROGRAMS AIMS TO REDUCE THE USE OF ALCOHOL AND MARIJUANA, SERVED 1,193 YOUTH WITH TRAINING SESSIONS.Desc

Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp

FieldValueIRS element (for citing)
Expense$1,313,231ExpenseAmt
DescGENDER BASED VIOLENCE PROGRAM - (GBV) PROVIDES BILINGUAL/BICULTURAL INTERVENTION AND PREVENTION SERVICES TO DV-IMPACTED INDIVIDUALS AND FAMILIES, INCLUDING 24-HOUR CRISIS HOTLINE, CASE MANAGEMENT AND EMPOWERMENT SERVICES FOR VICTIMS, SURVIVORS SUPPORT GROUP, BATTERERS INTERVENTION PROGRAM, CHILD SUPERVISED VISITATION, CHILD ABUSE PREVENTION/INTERVENTION, PREVENTION EDUCATION, TRAININGS, AND REFERRAL PARTNERSHIPS WITH CHURCHES AND COMMUNITY GROUPS. DURING THE FISCAL YEAR, COLLABORATED WITH 32 FAITH LEADERS TO STRENGTHEN THE COMMUNITY'S RESPONSE TO DOMESTICS VIOLENCE AND SERVED 1960 CLIENTS THROUGH ITS COMMUNITY PROGRAM.Desc

Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp

FieldValueIRS element (for citing)
Expense$1,302,892ExpenseAmt
DescASIAN ADOPTION AND FOSTER FAMILY INITIATIVE - AS THE NATION'S FIRST AND ONLY ASIAN PACIFIC ISLANDER-FOCUSED FOSTER FAMILY AGENCY, KAFS PROVIDES RECRUITMENT, TRAINING AND SUPPORT FOR API FOSTER PARENTS TO PROVIDE CULTURALLY NURTURING AND SAFE TEMPORARY HOMES TO FOSTER CHILDREN. SERVICES ARE PROVIDED IN ENGLISH, KOREAN, CHINESE, TAGALOG AND VIETNAMESE. PROGRAM SERVICES INCLUDE PREVENTION AND INTERVENTION PROGRAMS, ADOPTION, PARENTING WORKSHOPS, SUPERVISED VISITATIONS WITH BIRTH PARENTS AND OTHER FAMILY SUPPORT SERVICES. DURING THE FISCAL YEAR, 15 CHILDREN WERE PLACED IN AFFI FOSTER FAMILIES AND SERVED 4,000 CLIENTS THROUGH ITS COMMUNITY PROGRAM.Desc

Prog Srvc Accom Acty Other ProgSrvcAccomActyOtherGrp

FieldValueIRS element (for citing)
Expense$1,563,607ExpenseAmt
DescMENTAL HEALTH - KFAM PROVIDES FREE AND LOW-COST MENTAL HEALTH THERAPY SERVICES IN ENGLISH AND KOREAN INCLUDING INDIVIDUAL AND FAMILY THERAPY PSYCHIATRIC EVALUATIONS, MEDICATION SUPPORT, GROUPS COUNSELING, PSYCHO-EDUCATION, PARENTING SKILLS, AND MENTAL WELLNESS WORKSHOPS. DURING THE FISCAL YEAR, 3,962 CLIENTS WERE SERVED THROUGH ITS COUNSELING SERVICES.Desc
FieldValueIRS element (for citing)
Total Other Prog Srvc Expense$1,563,607TotalOtherProgSrvcExpenseAmt
Total Program Service Expenses$7,568,226TotalProgramServiceExpensesAmt
Described In Section501c3Yes (1)DescribedInSection501c3Ind
Schedule B RequiredYes (1)ScheduleBRequiredInd
Political Campaign Acty0PoliticalCampaignActyInd
Lobbying Activities0LobbyingActivitiesInd
Subject To Proxy Tax0SubjectToProxyTaxInd
Donor Advised Fund0DonorAdvisedFundInd
Conservation Easements0ConservationEasementsInd
Collections Of Art0CollectionsOfArtInd
Credit Counseling0CreditCounselingInd
Donor Rstr Or Quasi Endowments0DonorRstrOrQuasiEndowmentsInd
Report Land Building EquipmentYes (1)ReportLandBuildingEquipmentInd
Report Investments Other Sec0ReportInvestmentsOtherSecInd
Report Program Related Invst0ReportProgramRelatedInvstInd
Report Other Assets0ReportOtherAssetsInd
Report Other LiabilitiesYes (1)ReportOtherLiabilitiesInd
Include FIN48 FootnoteYes (1)IncludeFIN48FootnoteInd
Independent Audit Fincl StmtYes (1)IndependentAuditFinclStmtInd
Consolidated Audit Fincl Stmt0ConsolidatedAuditFinclStmtInd
School Operating0SchoolOperatingInd
Foreign Office0ForeignOfficeInd
Foreign Activities0ForeignActivitiesInd
More Than5000 K To Org0MoreThan5000KToOrgInd
More Than5000 K To Individuals0MoreThan5000KToIndividualsInd
Professional Fundraising0ProfessionalFundraisingInd
Fundraising ActivitiesYes (1)FundraisingActivitiesInd
Gaming Activities0GamingActivitiesInd
Operate Hospital0OperateHospitalInd
Grants To Organizations0GrantsToOrganizationsInd
Grants To Individuals0GrantsToIndividualsInd
Schedule J Required0ScheduleJRequiredInd
Tax Exempt Bonds0TaxExemptBondsInd
Engaged In Excess Benefit Trans0EngagedInExcessBenefitTransInd
PY Excess Benefit Trans0PYExcessBenefitTransInd
Loan Outstanding0LoanOutstandingInd
Grant To Related Person0GrantToRelatedPersonInd
Business Rln With Org Mem0BusinessRlnWithOrgMemInd
Business Rln With Fam Mem0BusinessRlnWithFamMemInd
Business Rln With35 Ctrl Ent0BusinessRlnWith35CtrlEntInd
Deductible Non Cash Contri0DeductibleNonCashContriInd
Deductible Art Contribution0DeductibleArtContributionInd
Terminate Operations0TerminateOperationsInd
Partial Liquidation0PartialLiquidationInd
Disregarded Entity0DisregardedEntityInd
Related Entity0RelatedEntityInd
Related Organization Ctrl Ent0RelatedOrganizationCtrlEntInd
Trnsfr Exmpt Non Chrtbl Rltd Org0TrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted Prtshp0ActivitiesConductedPrtshpInd
Schedule O RequiredYes (1)ScheduleORequiredInd
IRP Document6IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Backup Wthld ComplianceYes (1)BackupWthldComplianceInd
Employee56EmployeeCnt
Employment Tax Returns FiledYes (1)EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over Limit0UnrelatedBusIncmOverLimitInd
Foreign Financial Account0ForeignFinancialAccountInd
Prohibited Tax Shelter Trans0ProhibitedTaxShelterTransInd
Taxable Party Notification0TaxablePartyNotificationInd
Nondeductible Contributions0NondeductibleContributionsInd
Quid Pro Quo ContributionsYes (1)QuidProQuoContributionsInd
Quid Pro Quo Contri DisclYes (1)QuidProQuoContriDisclInd
Form8282 Property Disposed Of0Form8282PropertyDisposedOfInd
Rcv Fnds To Pay Prsnl Bnft Cntrct0RcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft Cntrct0PayPremiumsPrsnlBnftCntrctInd
Indoor Tanning Services0IndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht Pymt0SubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst Inc0SubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members15GoverningBodyVotingMembersCnt
Independent Voting Member15IndependentVotingMemberCnt
Family Or Business Rln0FamilyOrBusinessRlnInd
Delegation Of Mgmt Duties0DelegationOfMgmtDutiesInd
Change To Org Documents0ChangeToOrgDocumentsInd
Material Diversion Or Misuse0MaterialDiversionOrMisuseInd
Members Or Stockholders0MembersOrStockholdersInd
Election Of Board Members0ElectionOfBoardMembersInd
Decisions Subject To Approva0DecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (1)MinutesOfGoverningBodyInd
Minutes Of CommitteesYes (1)MinutesOfCommitteesInd
Officer Mailing Address0OfficerMailingAddressInd
Local Chapters0LocalChaptersInd
Form990 Provided To Gvrn BodyYes (1)Form990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyYes (1)ConflictOfInterestPolicyInd
Annual Disclosure Covered PrsnYes (1)AnnualDisclosureCoveredPrsnInd
Regular Monitoring EnfrcYes (1)RegularMonitoringEnfrcInd
Whistleblower PolicyYes (1)WhistleblowerPolicyInd
Document Retention PolicyYes (1)DocumentRetentionPolicyInd
Compensation Process CEOYes (1)CompensationProcessCEOInd
Compensation Process Other0CompensationProcessOtherInd
Investment In Joint Venture0InvestmentInJointVentureInd
States Where Copy Of Return Is FldCAStatesWhereCopyOfReturnIsFldCd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1KATHERINE YEOMBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone2133896755PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line13727 WEST 6TH STREET 320AddressLine1Txt
CityLOS ANGELESCityNm
State AbbreviationCAStateAbbreviationCd
ZIP90020ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (18 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndOfficerOfficerIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmtHighest Compensated EmployeeHighestCompensatedEmployeeInd
CHARLES YOO
BOARD CHAIR2.00Yes (X)Yes (X)$0$0$0
EUGENE KIM
VICE CHAIR2.00Yes (X)Yes (X)$0$0$0
LISA YANG
SECRETARY1.00Yes (X)Yes (X)$0$0$0
ELISA LEE
TREASURER1.00Yes (X)Yes (X)$0$0$0
HENRY BYUN
DIRECTOR1.00Yes (X)$0$0$0
BRIAN CHOI
DIRECTOR1.00Yes (X)$0$0$0
ANTHONY KIM
DIRECTOR1.00Yes (X)$0$0$0
YUN KIM
DIRECTOR1.00Yes (X)$0$0$0
JINA PARK
DIRECTOR1.00Yes (X)$0$0$0
KENNETH SEUNG
DIRECTOR1.00Yes (X)$0$0$0
LINDA KWAK
DIRECTOR1.00Yes (X)$0$0$0
DAVID KIM
DIRECTOR1.00Yes (X)$0$0$0
REGINA YOON
DIRECTOR1.00Yes (X)$0$0$0
ALIX NAM
DIRECTOR1.00Yes (X)$0$0$0
JENNIFER SEO
DIRECTOR1.00Yes (X)$0$0$0
KATHERINE YEOM
EXECUTIVE DIRECTOR55.00Yes (X)$129,894$0$8,052
AMY YI
FINANCE MANAGER50.00Yes (X)$68,052$0$9,507
JENNIFER OH
DEPUTY DIRECTOR50.00$112,538$0$1,792Yes (X)
FieldValueIRS element (for citing)
Total Reportable Comp From Org$310,484TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$0TotReportableCompRltdOrgAmt
Total Other Compensation$19,351TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K2IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed0FormerOfcrEmployeesListedInd
Total Comp Greater Than150 K0TotalCompGreaterThan150KInd
Compensation From Other Srcs0CompensationFromOtherSrcsInd
Cntrct Rcvd Greater Than100 K0CntrctRcvdGreaterThan100KCnt
Fundraising$179,076FundraisingAmt
Government Grants$7,265,133GovernmentGrantsAmt
All Other Contributions$1,361,656AllOtherContributionsAmt
Total Contributions$8,805,865TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp (2 entries)

DescDescBusinessBusinessCdTotal Revenue ColumnTotalRevenueColumnAmtRelated Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt
PROGRAM SERVICE FEES813319$75,778$75,778
OTHER PROGRAM REVENUE813319$10,623$10,623
FieldValueIRS element (for citing)
Total Program Service Revenue$86,401TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$166,283TotalRevenueColumnAmt
Exclusion$166,283ExclusionAmt

Gross Amount Sales Assets GrossAmountSalesAssetsGrp

FieldValueIRS element (for citing)
Securities$407,516SecuritiesAmt

Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp

FieldValueIRS element (for citing)
Securities$361,586SecuritiesAmt

Gain Or Loss GainOrLossGrp

FieldValueIRS element (for citing)
Securities$45,930SecuritiesAmt

Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp

FieldValueIRS element (for citing)
Total Revenue Column$45,930TotalRevenueColumnAmt
Exclusion$45,930ExclusionAmt
FieldValueIRS element (for citing)
Fundraising Gross Income$119,877FundraisingGrossIncomeAmt
Contri Rpt Fundraising Event$179,076ContriRptFundraisingEventAmt
Fundraising Direct Expenses$119,877FundraisingDirectExpensesAmt

Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp

FieldValueIRS element (for citing)
Total Revenue Column$0TotalRevenueColumnAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$9,104,479TotalRevenueColumnAmt
Related Or Exempt Func Income$86,401RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$212,213ExclusionAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

FieldValueIRS element (for citing)
Total$216,181TotalAmt
Program Services$201,042ProgramServicesAmt
Management And General$13,591ManagementAndGeneralAmt
Fundraising$1,548FundraisingAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$2,229,637TotalAmt
Program Services$2,073,909ProgramServicesAmt
Management And General$139,760ManagementAndGeneralAmt
Fundraising$15,968FundraisingAmt

Pension Plan Contributions PensionPlanContributionsGrp

FieldValueIRS element (for citing)
Total$88,218TotalAmt
Program Services$80,513ProgramServicesAmt
Management And General$7,075ManagementAndGeneralAmt
Fundraising$630FundraisingAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

FieldValueIRS element (for citing)
Total$172,856TotalAmt
Program Services$160,601ProgramServicesAmt
Management And General$11,019ManagementAndGeneralAmt
Fundraising$1,236FundraisingAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$203,491TotalAmt
Program Services$188,053ProgramServicesAmt
Management And General$13,987ManagementAndGeneralAmt
Fundraising$1,451FundraisingAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$46,679TotalAmt
Program Services$43,573ProgramServicesAmt
Management And General$2,782ManagementAndGeneralAmt
Fundraising$324FundraisingAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$177,838TotalAmt
Program Services$166,503ProgramServicesAmt
Management And General$10,187ManagementAndGeneralAmt
Fundraising$1,148FundraisingAmt

Advertising AdvertisingGrp

FieldValueIRS element (for citing)
Total$2,277TotalAmt
Program Services$2,148ProgramServicesAmt
Management And General$118ManagementAndGeneralAmt
Fundraising$11FundraisingAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$229,087TotalAmt
Program Services$222,903ProgramServicesAmt
Management And General$5,449ManagementAndGeneralAmt
Fundraising$735FundraisingAmt

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total$355,683TotalAmt
Program Services$322,823ProgramServicesAmt
Management And General$32,064ManagementAndGeneralAmt
Fundraising$796FundraisingAmt

Travel TravelGrp

FieldValueIRS element (for citing)
Total$59,411TotalAmt
Program Services$55,457ProgramServicesAmt
Management And General$3,541ManagementAndGeneralAmt
Fundraising$413FundraisingAmt

Conferences Meetings ConferencesMeetingsGrp

FieldValueIRS element (for citing)
Total$82,968TotalAmt
Program Services$77,446ProgramServicesAmt
Management And General$4,945ManagementAndGeneralAmt
Fundraising$577FundraisingAmt

Interest InterestGrp

FieldValueIRS element (for citing)
Total$4,469TotalAmt
Program Services$4,172ProgramServicesAmt
Management And General$266ManagementAndGeneralAmt
Fundraising$31FundraisingAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$81,823TotalAmt
Program Services$76,377ProgramServicesAmt
Management And General$4,877ManagementAndGeneralAmt
Fundraising$569FundraisingAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$83,669TotalAmt
Program Services$77,811ProgramServicesAmt
Management And General$5,273ManagementAndGeneralAmt
Fundraising$585FundraisingAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDescTotalTotalAmtProgram ServicesProgramServicesAmtManagement And GeneralManagementAndGeneralAmtFundraisingFundraisingAmt
PROGRAM EXPENSES$2,919,518$2,919,518
CLIENT SUPPORT$733,592$642,585$91,007
EVENTS EXPENSE$194,003$181,091$11,563$1,349
MISCELLANEOUS$37,205$20,940$16,109$156

All Other Expenses AllOtherExpensesGrp

FieldValueIRS element (for citing)
Total$54,380TotalAmt
Program Services$50,761ProgramServicesAmt
Management And General$3,241ManagementAndGeneralAmt
Fundraising$378FundraisingAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$7,972,985TotalAmt
Program Services$7,568,226ProgramServicesAmt
Management And General$376,854ManagementAndGeneralAmt
Fundraising$27,905FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$5,277,113BOYAmt
EOY$4,830,022EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

FieldValueIRS element (for citing)
BOY$287,747BOYAmt
EOY$259,746EOYAmt

Pledges And Grants Receivable PledgesAndGrantsReceivableGrp

FieldValueIRS element (for citing)
BOY$1,274,871BOYAmt
EOY$1,370,387EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
BOY$13,290BOYAmt
EOY$28,746EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$741,541LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$481,896LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$257,446BOYAmt
EOY$259,645EOYAmt

Investments Pub Traded Sec InvestmentsPubTradedSecGrp

FieldValueIRS element (for citing)
EOY$2,027,260EOYAmt

Other Assets Total OtherAssetsTotalGrp

FieldValueIRS element (for citing)
BOY$642,374BOYAmt
EOY$433,811EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$7,752,841BOYAmt
EOY$9,209,617EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$432,939BOYAmt
EOY$623,765EOYAmt

Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp

FieldValueIRS element (for citing)
BOY$150,000BOYAmt
EOY$150,000EOYAmt

Other Liabilities OtherLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$661,990BOYAmt
EOY$456,277EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$1,244,929BOYAmt
EOY$1,230,042EOYAmt
FieldValueIRS element (for citing)
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$6,507,912BOYAmt
EOY$7,979,575EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$6,507,912BOYAmt
EOY$7,979,575EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$7,752,841BOYAmt
EOY$9,209,617EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss$1,131,494ReconcilationRevenueExpnssAmt
Net Unrlzd Gains Losses Invst$340,169NetUnrlzdGainsLossesInvstAmt
Other Changes In Net Assets$0OtherChangesInNetAssetsAmt
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or Review0AccountantCompileOrReviewInd
FS AuditedYes (1)FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

FieldValueIRS element (for citing)
Separate Basis Fincl StmtYes (X)SeparateBasisFinclStmtInd
FieldValueIRS element (for citing)
Audit CommitteeYes (1)AuditCommitteeInd
Federal Grant Audit RequiredYes (1)FederalGrantAuditRequiredInd
Federal Grant Audit PerformedYes (1)FederalGrantAuditPerformedInd

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
Public Organization170Yes (X)PublicOrganization170Ind

Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$5,863,580CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$3,494,457CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$7,622,103CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$9,779,348CurrentTaxYearMinus1YearAmt
Current Tax Year$8,805,865CurrentTaxYearAmt
Total$35,565,353TotalAmt

Total Calendar Year170 TotalCalendarYear170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$5,863,580CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$3,494,457CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$7,622,103CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$9,779,348CurrentTaxYearMinus1YearAmt
Current Tax Year$8,805,865CurrentTaxYearAmt
Total$35,565,353TotalAmt
FieldValueIRS element (for citing)
Public Support Total170$35,565,353PublicSupportTotal170Amt

Gross Investment Income170 GrossInvestmentIncome170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$3,500CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$689CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$4,143CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$119,042CurrentTaxYearMinus1YearAmt
Current Tax Year$166,283CurrentTaxYearAmt
Total$293,657TotalAmt

Other Income170 OtherIncome170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$11,737CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$14,358CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$132,153CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$135,108CurrentTaxYearMinus1YearAmt
Current Tax Year$119,877CurrentTaxYearAmt
Total$413,233TotalAmt
FieldValueIRS element (for citing)
Total Support$36,272,243TotalSupportAmt
Gross Receipts Rltd Activities$464,734GrossReceiptsRltdActivitiesAmt
Public Support CY1700.98050PublicSupportCY170Pct
Public Support PY1700.98410PublicSupportPY170Pct
Thirty Thr Pct Suprt Tests CY170Yes (X)ThirtyThrPctSuprtTestsCY170Ind

Form990 Schedule A Part VI Form990ScheduleAPartVIGrp

FieldValueIRS element (for citing)
Form And Line ReferenceSCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME:FormAndLineReferenceDesc
ExplanationGROSS FUNDRAISING INCOME - 2020 AMOUNT: $ 11,737. 2021 AMOUNT: $ 14,358. 2022 AMOUNT: $ 132,153. 2023 AMOUNT: $ 135,108. 2024 AMOUNT: $ 119,877.ExplanationTxt

Schedule B IRS990ScheduleB

Contributor Information ContributorInformationGrp

FieldValueIRS element (for citing)
ContributorRESTRICTEDContributorNum

Contributor Business Name ContributorBusinessName

FieldValueIRS element (for citing)
Business Name Line1RESTRICTEDBusinessNameLine1

Contributor US Address ContributorUSAddress

FieldValueIRS element (for citing)
Address Line1RESTRICTEDAddressLine1
Address Line2RESTRICTEDAddressLine2
CityRESTRICTEDCity
StateRESTRICTEDState
ZIP CodeRESTRICTEDZIPCode
FieldValueIRS element (for citing)
Total ContributionsRESTRICTEDTotalContributionsAmt

Schedule D IRS990ScheduleD

Leasehold Improvements LeaseholdImprovementsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$285,283OtherCostOrOtherBasisAmt
Depreciation$190,857DepreciationAmt
Book Value$94,426BookValueAmt

Equipment EquipmentGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$432,672OtherCostOrOtherBasisAmt
Depreciation$276,887DepreciationAmt
Book Value$155,785BookValueAmt

Other Land Buildings OtherLandBuildingsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$23,586OtherCostOrOtherBasisAmt
Depreciation$14,152DepreciationAmt
Book Value$9,434BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$259,645TotalBookValueLandBuildingsAmt

Other Liabilities Org OtherLiabilitiesOrgGrp

FieldValueIRS element (for citing)
DescOPERATING LEASE LIABILITIESDesc
Amt$456,277Amt
FieldValueIRS element (for citing)
Total Liability$456,277TotalLiabilityAmt
Footnote TextYes (X)FootnoteTextInd
Total Rev Etc Audited Fincl Stmt$9,444,648TotalRevEtcAuditedFinclStmtAmt
Net Unrealized Gains Invst$340,169NetUnrealizedGainsInvstAmt
Revenue Not Reported$340,169RevenueNotReportedAmt
Revenue Subtotal$9,104,479RevenueSubtotalAmt
Revenue Not Reported Fincl Stmt$0RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990$9,104,479TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt$7,972,985TotExpnsEtcAuditedFinclStmtAmt
Expenses Not Reported$0ExpensesNotReportedAmt
Expenses Subtotal$7,972,985ExpensesSubtotalAmt
Expenses Not Rpt Fincl Stmt$0ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990$7,972,985TotalExpensesPerForm990Amt

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePART X, LINE 2:FormAndLineReferenceDesc
ExplanationKFAM IS EXEMPT FROM FEDERAL AND STATE INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND SECTION 23701(D) OF THE CALIFORNIA REVENUE AND TAXATION CODE. KFAM HAS ADOPTED THE PROVISIONS OF ACCOUNTING STANDARDS CODIFICATION (ASC) SECTION 740-10, WHICH CLARIFIES THE ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES. ASC 740-10 PRESCRIBES A RECOGNITION THRESHOLD AND MEASUREMENT ATTRIBUTE FOR THE FINANCIAL STATEMENT RECOGNITION AND MEASUREMENT OF A TAX POSITION TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN. ASC 740-10 REQUIRES THAT AN ORGANIZATION RECOGNIZES IN THE FINANCIAL STATEMENTS THE IMPACT OF THE TAX POSITION IF THAT POSITION WILL MORE LIKELY THAN NOT TO BE SUSTAINED ON AUDIT, BASED ON THE TECHNICAL MERITS OF THE POSITION. ON JUNE 30, 2025 AND FOR THE YEAR ENDED, KFAM HAD NO MATERIAL UNRECOGNIZED TAX BENEFITS, TAX PENALTIES OR INTEREST. KFAM'S FEDERAL FORM 990, RETURN OF ORGANIZATION EXEMPT FROM INCOME TAXES, FOR THE YEARS ENDED JUNE 30, 2022 THROUGH 2024 ARE SUBJECT TO EXAMINATION BY THE IRS, GENERALLY FOR THREE YEARS AFTER THEY WERE FILED. THE CALIFORNIA FORM 199, CALIFORNIA EXEMPT ORGANIZATION ANNUAL INFORMATION RETURN, FOR THE YEARS ENDED JUNE 30, 2021 THROUGH 2024 ARE SUBJECT TO EXAMINATION BY THE FRANCHISE TAX BOARD, GENERALLY FOR FOUR YEARS AFTER THEY WERE FILED.ExplanationTxt

Schedule G IRS990ScheduleG

Fundraising Event Information FundraisingEventInformationGrp

FieldValueIRS element (for citing)
Event12025 GOLF TOURNAMENTEvent1Nm
Gross Receipts Event1$66,455GrossReceiptsEvent1Amt
Charitable Contri Event1$21,731CharitableContriEvent1Amt
Gross Revenue Event1$44,724GrossRevenueEvent1Amt
Rent Facility Costs Event1$18,720RentFacilityCostsEvent1Amt
Food And Beverage Event1$26,004FoodAndBeverageEvent1Amt
Event22024 GALAEvent2Nm
Gross Receipts Event2$232,498GrossReceiptsEvent2Amt
Charitable Contri Event2$157,345CharitableContriEvent2Amt
Gross Revenue Event2$75,153GrossRevenueEvent2Amt
Rent Facility Costs Event2$37,531RentFacilityCostsEvent2Amt
Food And Beverage Event2$33,622FoodAndBeverageEvent2Amt
Entertainment Event2$4,000EntertainmentEvent2Amt
Gross Receipts Total$298,953GrossReceiptsTotalAmt
Charitable Contributions Tot$179,076CharitableContributionsTotAmt
Gross Revenue Total Events$119,877GrossRevenueTotalEventsAmt
Rent Fclty Costs Total Events$56,251RentFcltyCostsTotalEventsAmt
Food And Beverage Total Events$59,626FoodAndBeverageTotalEventsAmt
Entertainment Total Events$4,000EntertainmentTotalEventsAmt
Direct Expense Summary Events$119,877DirectExpenseSummaryEventsAmt
Net Income Summary$0NetIncomeSummaryAmt

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (4 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990, PART VI, SECTION B, LINE 11BFORM 990 IS CAREFULLY REVIEWED BY THE INTERNAL AFFAIRS COMMITTEE PRIOR TO FILING. A COMPLETE COPY OF THE FORM 990 IS PROVIDED TO THE BOARD PRIOR TO FILING.
FORM 990, PART VI, SECTION B, LINE 12CALL BOARD MEMBERS, OFFICERS AND KEY EMPLOYEES ARE COVERED PERSONS UNDER THE ORGANIZATION'S CONFLICT OF INTEREST POLICY. ALL COVERED PERSONS ARE REQUIRED TO PROVIDE FULL DISCLOSURE OF ANY BUSINESS, PERSONAL OR FINANCIAL INTEREST IN WHICH THE PERSON MIGHT INFLUENCE (OR APPEAR TO INFLUENCE) HIS OR HER OFFICIAL DECISIONS OR ACTION ON BEHALF OF KOREAN AMERICAN FAMILY SERVICES, INC. DISCLOSURE SHOULD BE MADE ON A TIMELY BASIS IN WRITING. IN CONNECTION WITH ANY ACTUAL OR POSSIBLE CONFLICT OF INTEREST, AN EMPLOYEE MUST DISCLOSE THE EXISTENCE OF THE FINANCIAL INTEREST AND BE GIVEN THE OPPORTUNITY TO DISCLOSE ALL MATERIAL FACTS TO THE EXECUTIVE DIRECTOR CONSIDERING THE PROPOSED TRANSACTION OR ARRANGEMENT. FOR OFFICERS AND BOARD MEMBERS, IN CONNECTION WITH ANY ACTUAL OR POSSIBLE CONFLICT OF INTEREST, HE/SHE MUST DISCLOSE THE EXISTENCE OF THE TRANSACTION OR FINANCIAL INTEREST AND BE GIVEN TO THE OPPORTUNITY TO DISCLOSE ALL MATERIAL FACTS TO THE BOARD OR ITS COMMITTEE. BOARD MEMBERS ARE EXPECTED TO ABSTAIN FROM THE DISCUSSION AND VOTING ON MATTERS THAT PERTAIN TO ANY POTENTIAL CONFLICT THEY MAY HAVE. ALL BOARD MEMBERS, OFFICERS AND EMPLOYEES ARE REQUIRED TO COMPLETE AN ANNUAL CONFLICT OF INTEREST DISCLOSURE.
FORM 990, PART VI, SECTION B, LINE 15AKOREAN AMERICAN FAMILY SERVICES, INC.'S BOARD OF DIRECTORS HAS A PROCESS FOR REVIEWING AND APPROVING THE COMPENSATION AND BENEFITS OF THE EXECUTIVE DIRECTOR ON A REGULAR BASIS TO DETERMINE IT IS FAIR AND REASONABLE WITH THE GOAL OF RETAINING EMPLOYEES AT COMPENSATION LEVELS WITHIN APPROPRIATE MARKET RANGE. THE PROCESS FOR DETERMINING THE COMPENSATION PAID TO THE EXECUTIVE DIRECTOR INCLUDES THE APPROVAL OF THE COMPENSATION ARRANGEMENT IN ADVANCE, BY THE BOARD OF DIRECTORS, WITH ALL PERSONS WITH A CONFLICT OF INTEREST ABSTAINING FROM THE BOARD'S DELIBERATION AND DISCUSSION. THE BOARD REVIEWS DATA OF COMPARABLE COMPENSATION FOR SIMILARLY QUALIFIED NONPROFIT EXECUTIVES AT SIMILARLY SITUATED ENTITIES. OUTSIDE COMPENSATION & BENEFITS CONSULTANTS HAVE BEEN HIRED TO REVIEW AND EVALUATE THE EXECUTIVE DIRECTOR'S COMPENSATION PACKAGE. THE DOCUMENTATION OF THE BOARD INCLUDES THE TERMS OF THE TRANSACTION AND THE DATE OF APPROVAL, THE MEMBERS WHO WERE PRESENT DURING THE DEBATE AND VOTE ON THE TRANSACTION, A DESCRIPTION OF THE COMPARABLE DATA AND HOW IT WAS OBTAINED, AND DOCUMENTATION OF THE BASIS FOR THE DETERMINATION.
FORM 990, PART VI, SECTION C, LINE 19GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE UPON WRITTEN REQUEST.

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