OUR MISSION IS TO PROVIDE AN ENCOURAGING ENVIRONMENT TO LEARN, DISCOVER AND EXPERIENCE THE KOREAN LANGUAGE AND ITS RICH CULTURE.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$499K
-0.6% YoY
Annual Giving
$10K
Grant Count
1
Avg Grant Size
$10K
About Korean School of Federal Way
Based on IRS filings
Korean School of Federal Way is a nonprofit organization focused on Education, based in FEDERAL WAY, WA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $499K in total assets. In 2024, it awarded 1 grants totaling $10K. Net investment income was $18K.
Focus Areas
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Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $498,671 | $501,491 | $439,495 |
| Revenue | $132,352 | $180,701 | $142,954 |
| Expenses | $135,172 | $118,705 | $107,530 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $17,636 | $12,291 | $2,314 |
| Distributable Amount | — | — | — |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 1 recipients in 2024
Grant Size Distribution
1 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Federal Way Korean American ($10,000).
| Recipient | Purpose | Amount |
|---|---|---|
| FEDERAL WAY KOREAN AMERICAN | HANWOORI GARDEN | $10,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| HEIDI DRAKE | TREASURER | — | — |
| KWI SHIM KIM | SECRETA4RY | — | — |
| JAEEUN LEE | PRINCIPAL | — | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Korean School of Federal Way?
Korean School of Federal Way is a nonprofit organization focused on Education, based in FEDERAL WAY, WA. It holds $499K in total assets as of 2024.
How large is Korean School of Federal Way?
As of 2024, Korean School of Federal Way holds $499K in total assets with $132K in annual revenue. It awarded 1 grants totaling $10K in 2024.
What size grants does Korean School of Federal Way award?
In 2024, Korean School of Federal Way awarded 1 grants totaling $10K — an average of about $10K per grant, based on its IRS Form 990 filings.
What is Korean School of Federal Way's EIN?
Korean School of Federal Way's EIN (Employer Identification Number) is 83-4691699. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Korean School of Federal Way's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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