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KACE'S MISSION IS TO EMPOWER THE KOREAN AMERICAN COMMUNITY BY PROMOTING CIVIC PARTICIPATION.
Source: IRS Form 990 (Tax Year 2024)
Source: IRS Form 990 via ProPublica Nonprofit Explorer
Total Revenue
▼$343.8K
Total Contributions
$253.5K
Total Expenses
▼$396.4K
Total Assets
$330.8K
Total Liabilities
▼$168.6K
Net Assets
$162.2K
Officer Compensation
→$0
Other Salaries
$217.5K
Investment Income
▼$9
Fundraising
▼$152.1K
Source: USAspending.gov · Searched by organization name
Total Federal Funding
$500K
Awards Found
1
Small Business Administration
$500K
THE KOREAN AMERICAN CIVIC EMPOWERMENT PROPOSES A COMPREHENSIVE PROGRAM DESIGNED TO STRENGTHEN THE CAPACITY COMPETITIVENESS AND LONG TERM SUSTAINABILITY OF SMALL BUSINESSES THROUGHOUT THE GREATER NEW YORK METROPOLITAN REGION. THE INITIATIVE ALIGNS WITH THE MISSION AND PRIORITIES OF THE U.S. SMALL BUSINESS ADMINISTRATION BY HELPING ENTREPRENEURS START GROW AND STRENGTHEN THEIR BUSINESSES THROUGH INTEGRATED BUSINESS EDUCATION TECHNICAL ASSISTANCE LEGAL SERVICES AND APPLIED RESEARCH.THE PROGRAM WILL PROVIDE A COORDINATED CONTINUUM OF SERVICES THAT ADDRESSES THE EVOLVING NEEDS OF ENTREPRENEURS PARTICULARLY SMALL BUSINESSES OWNED BY UNDERSERVED MINORITY IMMIGRANT AND SOCIALLY AND ECONOMICALLY DISADVANTAGED INDIVIDUALS. CORE ACTIVITIES INCLUDE ENTREPRENEURIAL EDUCATION AND BUSINESS MANAGEMENT TRAINING INDIVIDUALIZED BUSINESS COUNSELING LEGAL ASSISTANCE RELATED TO BUSINESS FORMATION CONTRACTS REGULATORY COMPLIANCE EMPLOYMENT COMMERCIAL LEASING AND RISK MANAGEMENT MARKET AND INDUSTRY RESEARCH BUSINESS RESOURCE NAVIGATION AND REFERRALS TO SBA PROGRAMS AND PARTNER ORGANIZATIONS.EDUCATIONAL PROGRAMMING WILL EQUIP ENTREPRENEURS WITH PRACTICAL KNOWLEDGE AND SKILLS IN STRATEGIC PLANNING FINANCIAL MANAGEMENT ACCESS TO CAPITAL DIGITAL TRANSFORMATION ARTIFICIAL INTELLIGENCE APPLICATIONS FOR SMALL BUSINESSES ECOMMERCE CYBERSECURITY GOVERNMENT CONTRACTING READINESS WORKFORCE DEVELOPMENT REGULATORY COMPLIANCE AND BUSINESS CONTINUITY PLANNING. SERVICES WILL BE DELIVERED THROUGH WORKSHOPS SEMINARS INDIVIDUAL CONSULTATIONS COMMUNITY OUTREACH AND HYBRID LEARNING OPPORTUNITIES DESIGNED TO INCREASE ACCESSIBILITY AND REDUCE BARRIERS TO PARTICIPATION.THE INITIATIVE ALSO INCLUDES A STRONG RESEARCH COMPONENT THAT WILL EXAMINE REGIONAL ECONOMIC TRENDS ASSESS THE NEEDS AND CHALLENGES OF SMALL BUSINESSES IDENTIFY EMERGING OPPORTUNITIES AND PRODUCE DATA DRIVEN REPORTS TO SUPPORT BUSINESS DECISION MAKING AND COMMUNITY ECONOMIC DEVELOPMENT. RESEARCH FINDINGS WILL BE SHARED WITH ENTREPRENEURS POLICYMAKERS ECONOMIC DEVELOPMENT ORGANIZATIONS AND COMMU
Source: Federal Audit Clearinghouse (fac.gov)
No federal single audit records found for this organization.
Single audits are required for entities expending $750,000+ in federal awards annually.
Source: IRS e-Filed Form 990
No officer or director compensation data available for this organization.
This data is sourced from IRS Form 990, Part VII. It may not be available if the organization files Form 990-N (e-Postcard) or has not yet been enriched.
Source: IRS Publication 78, Auto-Revocation List & e-Postcard Data
Tax-deductible contributions: Yes
Deductibility code: PC
Sources: IRS e-Filed Form 990 (XML) & ProPublica Nonprofit Explorer
Scroll →
| Year | Revenue | Contributions | Expenses | Assets | Net Assets |
|---|---|---|---|---|---|
| 2023 | $343.8K | $253.5K | $396.4K | $330.8K | $162.2K |
| 2022 | $397.8K | $223.1K | $341.8K | $218.3K | $214.8K |
| 2021 | $377K | $265.5K | $310.8K | $159.8K | $158.8K |
| 2020 | $389.9K | $389.9K | $362.1K | $134.4K |
Sources: ProPublica Nonprofit Explorer & IRS e-File Index
Financial data: IRS Form 990 via ProPublica Nonprofit Explorer (Tax Year 2023)
Federal grants: USAspending.gov (live)
Organization info: IRS Business Master File · ProPublica Nonprofit Explorer
Tax-deductibility: IRS Publication 78
| $92.7K |
| 2019 | $320.3K | $320.2K | $366K | $66.3K | $64.8K |
| 2018 | $429.7K | $429.3K | $415K | $112.2K | $110.5K |
| 2017 | $508K | $505.9K | $668.6K | $119K | $97.8K |
| 2016 | $593.8K | $567.1K | $689.1K | $263.9K | $258.3K |
| 2015 | $790K | $788.9K | $565.6K | $356.6K | $354K |
| 2014 | $539.7K | $538.8K | $423K | $155.9K | $129.2K |
| 2013 | $380.1K | $379.9K | $424.4K | $39K | $39K |
| 2012 | $409K | $408.9K | $402.1K | $83.3K | $83.3K |
| 2011 | $412.4K | $412.4K | $382.9K | $83.5K | $76.4K |
| 2021 | 990 | Data |
| 2020 | 990 | Data |
| 2019 | 990 | Data |
| 2018 | 990 | Data |
| 2017 | 990 | Data |
| 2016 | 990 | Data |
| 2015 | 990 | Data |
| 2014 | 990 | Data |
| 2013 | 990 | Data |
| 2012 | 990 | Data |
| 2011 | 990 | Data |
| 2010 | 990 | — |
| 2009 | 990-EZ | — |
| 2008 | 990 | — |
| 2007 | 990 | — |