Civic Intelligence

The Catholic Peace Times Weekly Inc

990 • Fiscal year 2014 • EIN 11-3218998

Jun 01, 2013 to May 31, 2014 • Filed on Apr 29, 2015

Organization Profile
145-27 33rd AveFlushing, NY 11354

(718) 762-6500

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

49th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2014 filings • NTEE A • <$500k nonprofits • Source year 2014

Liabilities / Revenue

48th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2014 filings • NTEE A • <$500k nonprofits • Source year 2014

Net Margin

45th percentile

0.6%

Higher net margin than 45% of similar nonprofits.

2014 filings • NTEE A • <$500k nonprofits • Source year 2014

Top Officer Pay

86th percentile

$26,000

Higher top officer pay than 86% of similar nonprofits.

Top officer pay equals 6.7% of source-year revenue.

2014 filings • NTEE A • <$500k nonprofits • Source year 2014

Asset Growth

48th percentile

0.6%

Faster asset growth than 48% of similar nonprofits.

2014 filings • NTEE A • <$500k nonprofits • Annualized from 2013 to 2014

Revenue Growth

35th percentile

-8.4%

Faster revenue growth than 35% of similar nonprofits.

2014 filings • NTEE A • <$500k nonprofits • Annualized from 2013 to 2014

Balance Sheet
Liabilities / Assets49th percentile

Assets

Up

$420,799

Up $2,361 (+0.6%) from 2013

Net Assets

Up

$420,799

Up $2,361 (+0.6%) from 2013

Liabilities

Flat

$0

Flat from 2013

Revenue And Expenses
Liabilities / Revenue48th percentileNet Margin45th percentile

Revenue

Down

$390,658

Down $35,624 (-8.4%) from 2013

Expenses

Down

$388,297

Down $13,747 (-3.4%) from 2013

Net Income

Down

$2,361

Down $21,877 (-90%) from 2013

Historical Trend

Balance Sheet Trend

Asset Growth48th percentile

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$600K$400K$200K$0Assets 2011: $415,391Liabilities 2011: $14,551Net Assets 2011: $400,8402011Assets 2012: $395,415Liabilities 2012: $1,215Net Assets 2012: $394,2002012Assets 2013: $418,438Liabilities 2013: $0Net Assets 2013: $418,4382013Assets 2014: $420,799Liabilities 2014: $0Net Assets 2014: $420,7992014Assets 2015: $426,019Liabilities 2015: $0Net Assets 2015: $426,0192015Assets 2016: $456,395Liabilities 2016: $0Net Assets 2016: $456,3952016Assets 2017: $477,889Liabilities 2017: $0Net Assets 2017: $477,8892017Assets 2018: $528,871Liabilities 2018: $0Net Assets 2018: $528,8712018Assets 2019: $551,742Liabilities 2019: $3,702Net Assets 2019: $548,0402019Assets 2020: $515,080Liabilities 2020: $31,790Net Assets 2020: $483,2902020Assets 2021: $446,330Liabilities 2021: $32,435Net Assets 2021: $413,8952021Assets 2022: $382,786Liabilities 2022: $3,014Net Assets 2022: $379,7722022Assets 2023: $272,780Liabilities 2023: $5,015Net Assets 2023: $267,7652023Assets 2024: $273,648Liabilities 2024: $15,363Net Assets 2024: $258,2852024Assets 2025: $286,408Liabilities 2025: $58,033Net Assets 2025: $228,3752025

Highlighted filing

2014

Assets$420,799
Liabilities$0
Net Assets$420,799
Open 2014 Filing

Operations Trend

Revenue Growth35th percentile

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$800K$600K$400K$200K$0-$200KExpenses 2011: $608,7582011Expenses 2012: $458,9872012Revenue 2013: $426,282Expenses 2013: $402,044Net Income 2013: $24,2382013Revenue 2014: $390,658Expenses 2014: $388,297Net Income 2014: $2,3612014Revenue 2015: $368,822Expenses 2015: $363,602Net Income 2015: $5,2202015Revenue 2016: $408,286Expenses 2016: $377,910Net Income 2016: $30,3762016Revenue 2017: $346,318Expenses 2017: $324,824Net Income 2017: $21,4942017Revenue 2018: $367,087Expenses 2018: $316,105Net Income 2018: $50,9822018Revenue 2019: $325,506Expenses 2019: $306,337Net Income 2019: $19,1692019Revenue 2020: $281,185Expenses 2020: $345,935Net Income 2020: -$64,7502020Revenue 2021: $326,281Expenses 2021: $395,676Net Income 2021: -$69,3952021Revenue 2022: $342,389Expenses 2022: $376,514Net Income 2022: -$34,1252022Revenue 2023: $310,176Expenses 2023: $422,183Net Income 2023: -$112,0072023Revenue 2024: $364,450Expenses 2024: $373,930Net Income 2024: -$9,4802024Revenue 2025: $431,696Expenses 2025: $461,606Net Income 2025: -$29,9102025

Highlighted filing

2014

Revenue$390,658
Expenses$388,297
Net Income$2,361
Open 2014 Filing
Jump To
Filing Snapshot
Filing Period
Jun 1, 2013 to May 31, 2014
Signed
Apr 29, 2015
Return Version
2013v4.0
Gross Receipts
$390,658
Mission and Program Overview

Mission

To advance and to preserve the welfare and spiritual wellbeing of the general public in the spirit of the roman catholic by publishing weekly newspaper in korean language

To advance and to preserve the welfare and spiritual wellbeing of the general public in the spirit of the roman catholic by pulbishing weekly newspaper in korean language.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$209,826$197,560▼ $12,266
Cash and Non-Interest-Bearing Accounts$114,059$145,186▲ $31,127
Accounts Receivable$94,553$78,053▼ $16,500
Total Assets$418,438$420,799▲ $2,361
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Unrestricted Net Assets$411,730$420,799▲ $9,069
Temporarily Rstr Net Assets$6,708--
Total Net Assets Fund Balance$418,438$420,799▲ $2,361
Total Liabilities and Net Assets / Fund Balance$418,438$420,799▲ $2,361

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$168,424$140,732$309,156
Equipment$6,136$48,423$54,559
Land$23,000-$23,000
Other Land Buildings-$15,841$15,841
Compensation and Service Providers
Top Officer Pay86th percentile

Employees

NameTitleFull / Part TimeBaseTotal
Young C KimPresidentFT$26,000$26,000
Revenue and Support

Revenue Composition

Contributions and Grants
$12,055
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$378,603
All Other Contributions
$12,055
Change in Net Assets
$2,361
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$216,264
Salaries, Compensation, and Employee Benefits$172,033
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Comp Disqual Persons$88,831$15,675-$104,506
Payroll Taxes$35,298$6,229-$41,527
All Other Expenses$23,923$3,338-$27,261
Current Officers, Directors, Trustees, and Key Employees$22,100$3,900-$26,000
Depreciation Depletion$12,418$1,553-$13,971
Other Expenses$4,769$841-$5,610
Insurance$2,894$546-$3,440
Fees for Services Accounting$2,656$469-$3,125
Office Expenses$1,426$252-$1,678
Travel$1,000--$1,000
Fees for Services Other$500--$500
Advertising$300--$300
Total Functional Expenses$355,494$32,803$0$388,297
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Federal income taxes-
Auto loan payable-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Audit committee
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Line Line 11B

“No review was or will be conducted”

Form 990, Part VI, Line Line 19

“No documents are available to the public”

Filing and Contact Details

Filer

EIN
11-3218998
Phone
7187626500

Signing Officer

Name
Young C Kim
Title
President
Signed
2015-04-29
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Young C Kim
Formed
1994
Legal Domicile
Ny
Voting Board Members
3
Independent Board Members
3
Employees
8

Preparer

Preparer
Sungwoo Hong CPA
Phone
7183582218
Raw XML Appendix332 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990/UnrestrictedNetAssetsGrp/BOYAmt0411730
IRS990/UnrestrictedNetAssetsGrp/EOYAmt0420799
IRS990/USAddress/AddressLine10145-27 33RD AVE
IRS990/USAddress/City0FLUSHING
IRS990/USAddress/State0NY
IRS990/USAddress/ZIPCode011354
IRS990/VotingMembersGoverningBodyCnt03
IRS990/VotingMembersIndependentCnt03
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02016-02-25 16:41:14Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0YOUNG C KIM
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/SignatureDt02015-04-29
ReturnHeader/Filer/BusinessName/BusinessNameLine10THE PEACE TIMES WEEKLY INC
ReturnHeader/Filer/BusinessNameControlTxt0PEAC
ReturnHeader/Filer/EIN0113218998
ReturnHeader/Filer/PhoneNum07187626500
ReturnHeader/Filer/USAddress/AddressLine10145-27 33RD AVE
ReturnHeader/Filer/USAddress/City0FLUSHING
ReturnHeader/Filer/USAddress/State0NY
ReturnHeader/Filer/USAddress/ZIPCode011354
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine10SUNGWOO HONG CPA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1033-47 153 ST
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/City0FLUSHING
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/State0NY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCode011354
ReturnHeader/PreparerPersonGrp/PhoneNum07183582218
ReturnHeader/PreparerPersonGrp/PreparationDt02015-04-29
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0SUNGWOO HONG CPA
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02015-04-29T08:54:54-00:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02013-06-01
ReturnHeader/TaxPeriodEndDt02014-05-31
ReturnHeader/TaxYr02013

Document Assets

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Filings

Displayed year

2014 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$420,799
Liabilities
$0
Net assets
$420,799
Revenue
$390,658
Expenses
$388,297
Net income
$2,361
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$2.86$0.58$2.28$4.32$4.62$0.30
2024Detailed filing. Detailed filing data is available for this year.$2.74$0.15$2.58$3.64$3.74$0.09
2023Detailed filing. Detailed filing data is available for this year.$2.73$0.05$2.68$3.10$4.22$1.12
2022Detailed filing. Detailed filing data is available for this year.$3.83$0.03$3.80$3.42$3.77$0.34
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.46$0.32$4.14$3.26$3.96$0.69
2020Detailed filing. Detailed filing data is available for this year.$5.15$0.32$4.83$2.81$3.46$0.65
2019Detailed filing. Detailed filing data is available for this year.$5.52$0.04$5.48$3.26$3.06$0.19
2018Detailed filing. Detailed filing data is available for this year.$5.29$0.00$5.29$3.67$3.16$0.51
2017Summary only. Only limited summary data is available for this year.$4.78$0.00$4.78$3.46$3.25$0.21
2016Detailed filing. Detailed filing data is available for this year.$4.56$0.00$4.56$4.08$3.78$0.30
2015Detailed filing. Detailed filing data is available for this year.$4.26$0.00$4.26$3.69$3.64$0.05
2014Detailed filing. Detailed filing data is available for this year.$4.21$0.00$4.21$3.91$3.88$0.02
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.18$0.00$4.18$4.26$4.02$0.24
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.95$0.01$3.94$4.59
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.15$0.15$4.01$6.09
Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 2014 filings • NTEE A33Z • <$500k nonprofits