Njkara Foundation Inc
Public records show a registered, tax-exempt organization in good standing.
What it says it does
THE MISSION OF THE NEW JERSEY KOREAN AMERICAN REALTORS ASSOCIATION IS TO PROMOTE PROFESSIONAL DEVELOPMENT, INFORMATION SHARING, FELLOWSHIP, AND COOPERATION AMONG KOREAN AMERICAN REAL ESTATE PROFESSIONALS IN NEW JERSEY, WHILE SUPPORTING ETHICAL BUSINESS PRACTICES, INDUSTRY EDUCATION, AND COMMUNITY ENGAGEMENT.
- Income
- $133,277
- Spending
- $110,905
- Reserves
- 2.4 months of spending
- Largest source of income
- fees for its services, 64%
Source: Form 990EZ for the year ending December 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Financial health
We do not score finances when yearly spending is very small or the return has too little detail. The ratios stop meaning much at that size.
Source: Form 990EZ for the year ending December 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Governance
This organization files the short tax form, which does not ask about boards, policies or audits. That is normal for a small charity and is not a mark against it.
Source: Form 990EZ for the year ending December 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Impact evidence
Describes programs. Its tax return describes what it does but we have found no measurable results in it.
Programs described in its return (4)
- $78,007 spent. THE ORGANIZATION PROVIDED NETWORKING AND PROFESSIONAL DEVELOPMENT OPPORTUNITIES FOR KOREAN AMERICAN REAL ESTATE PROFESSIONALS THROUGH MEMBER MEETINGS, EDUCATIONAL GATHERINGS, AND INDUSTRY-RELATED EVENTS DESIGNED TO ENCOURAGE INFORMATION SHARING, RELATIONSHIP BUILDING, AND PROFESSIONAL GROWTH.
- $8,991 spent. THE ORGANIZATION SUPPORTED COMMUNICATION AMONG MEMBERS BY FACILITATING THE SHARING OF MARKET INFORMATION, PROPERTY-RELATED UPDATES, AND INDUSTRY RESOURCES RELEVANT TO LICENSED REAL ESTATE PROFESSIONALS IN NEW JERSEY.
- $7,748 spent. THE ORGANIZATION HOSTED COMMUNITY-BUILDING AND FUNDRAISING EVENTS, INCLUDING ASSOCIATION GATHERINGS AND SPECIAL EVENTS, TO STRENGTHEN MEMBER ENGAGEMENT AND SUPPORT THE ORGANIZATION??S NONPROFIT ACTIVITIES.
- $3,400 spent. IN ADDITION TO THE PROGRAMS DESCRIBED ABOVE, THE ORGANIZATION PROMOTED ETHICAL BUSINESS PRACTICES, PROFESSIONAL STANDARDS, MEMBER COOPERATION, AND COMMUNITY ENGAGEMENT WITHIN THE KOREAN AMERICAN REAL ESTATE PROFESSIONAL COMMUNITY IN NEW JERSEY.
Source: Form 990EZ for the year ending December 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Legitimacy checks
Is it registered with the IRS? Passed.
Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Has the IRS revoked its tax-exempt status? Passed.
Not on the IRS automatic revocation list.
Source: Automatic revocation of exemption list, Internal Revenue Service, file dated October 13, 2026.
Are donations tax-deductible? Passed.
On the IRS list of organizations eligible to receive tax-deductible contributions.
Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated October 13, 2026.
Is it keeping up with its IRS filings? Passed.
Most recent return on file covers the year ending December 2025.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
How long has it been tax-exempt? Passed.
Recognized by the IRS since March 2025.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Is it in good standing with state regulators? Passed.
Not on California's list of charities barred from soliciting. Other states are not yet checked.
Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated October 21, 2026.
Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.