RVPDN CREST EDUCATION AND CULTURE INC

EIN: 874217464 Arts, Culture & Humanities

LOS ANGELES, CA

Total Revenue
$950,000
Total Expenses
N/A
Total Assets
$950,000
Net Assets
$950,000
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2021
Legal Domicile
CA
Phone
3236324003
Tax Period
2021-12-01 to 2022-11-30

RVPDN CREST EDUCATION AND CULTURE INC, founded in 2021, is a small nonprofit in the Arts, Culture & Humanities sector that reported $950K in total revenue in fiscal year 2021.

Mission

To strengthen the communication and exchange among Korean American society and organizations, with special emphasis in promoting interaction and communication between organizations, developing strong networks among local educational and cultural organizations as well as institutions, servicing Korean American community. The Organization will organize events that promote Korean cultural heritage and hold activities that cultivate understanding of Korean history and Korean American history in term of education programs and cultures. Moreover, it will have the forums that provide important information on current issues and challenges important to local Korean American community as well as businesses. And it will take collective action to improve, to assist, and to provide a better environment for those who are living or plan to live in the US, for those who are operating a business or plan to establish a company in the U.S., as well as those who would like to do business with companies in

Program Service Accomplishments

Program 1

To strengthen the communication and exchange among Korean American society and organizations, with special emphasis in promoting interaction and communication between organizations, developing strong...

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To strengthen the communication and exchange among Korean American society and organizations, with special emphasis in promoting interaction and communication between organizations, developing strong networks among local educational and cultural organizations as well as institutions, servicing Korean American community. The Organization will organize events that promote Korean cultural heritage and hold activities that cultivate understanding of Korean history and Korean American history in term of education programs and cultures. Moreover, it will have the forums that provide important information on current issues and challenges important to local Korean American community as well as businesses. And it will take collective action to improve, to assist, and to provide a better environment for those who are living or plan to live in the US, for those who are operating a business or plan to establish a company in the U.S., as well as those who would like to do business with companies in non-Korean communities. As planned initially, the Organization will organize events twice a year to work with various organizations and local businesses, as deemed appropriate. Events initially planned include forums and conferences. In addition, the organization plans to host delegation of scholars and business leaders, initially one per year from developing countries like Korea to come to the U.S. to observe American culture and economy; to attend seminars and conferences; to meet and exchange ideas with U.S. counterpart, and to experience the western culture and values.Vice versa, the organization, in turn, also plans to organize delegation of U.S. counterpart to visit Asian countries for the same purposes.To serve as an information channel among communities and organizationsThe Organization will coordinate with various organizations and local businesses within the Korean American community. Information will be translated from Korean to English and vice versa. The English translation will help the Korean community outreach to the mainstream and non-Korean communities, convey their messages, and communicate their thoughts. The Korean translation would do the same in the other direction.To help local business within the Korean American community The Organization will translate and make available information that is essential to the public, especially people among non-English speaking groups. Information such as public announcements from government agencies and community development projects. In addition, the organization will provide services to them in need.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2021)

Revenue Breakdown

Contributions & Grants $950,000
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $950,000

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Other Expenses $0
TOTAL EXPENSES $0

Year-over-Year Comparison

2021 2020 Change
Revenue $950,000 N/A N/A
Expenses N/A N/A N/A
Net Income N/A N/A N/A
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
5
Independent Members
N/A
Employees
N/A
Volunteers
N/A

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
0
$0
Total Directors
5
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
DANIEL PARKER President 5.00
Director
$0 $0 $0
NIKKI HAN Secretary 5.00
Director
$0 $0 $0
KYUNG LEE Treasurer 5.00
Director
$0 $0 $0
BOB GYUN Vice President 5.00
Director
$0 $0 $0
KT LEUNG Director 5.00
Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2022 $950,000 No data $950,000 No data
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