Civic Intelligence

Korean Cultural Center Co Diane Kim-Puckett

990EZ • Fiscal year 2018 • EIN 20-1973569

Jan 01, 2018 to Dec 31, 2018 • Filed on May 13, 2019

Organization Profilewww.ockcc.org
72 MonroeIrvine, CA 92620

(949) 892-9516

Siviq Scores

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

Liabilities / Assets

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on this filing.

Source year 2018

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on this filing.

Source year 2018

Net Margin

9th percentile

-45%

Higher net margin than 9% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Top Officer Pay

76th percentile

$0

Higher top officer pay than 76% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Asset Growth

27th percentile

-12%

Faster asset growth than 27% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Annualized from 2017 to 2018

Revenue Growth

26th percentile

-17%

Faster revenue growth than 26% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Annualized from 2017 to 2018

Balance Sheet
Liabilities / AssetsScore unavailable

Assets

Down

$257,129

Down $34,379 (-12%) from 2017

Net Assets

Down

$257,129

Down $27,342 (-9.6%) from 2017

Liabilities

-

No earlier filing loaded for comparison.

Revenue And Expenses
Liabilities / RevenueScore unavailableNet Margin9th percentile

Revenue

Down

$76,285

Down $15,833 (-17%) from 2017

Expenses

Down

$110,665

Down $17,496 (-14%) from 2017

Net Income

Up

-$34,380

Up $1,663 (+4.6%) from 2017

Historical Trend

Balance Sheet Trend

Asset Growth27th percentile

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

$400K$300K$200K$100K$0Assets 2011: $150,676Liabilities 2011: $02011Assets 2012: $195,915Liabilities 2012: $02012Assets 2013: $255,444Net Assets 2013: $255,4442013Assets 2014: $230,834Liabilities 2014: $0Net Assets 2014: $230,8342014Assets 2015: $349,281Liabilities 2015: $0Net Assets 2015: $349,2812015Assets 2016: $320,514Net Assets 2016: $320,5142016Assets 2017: $291,508Liabilities 2017: $7,037Net Assets 2017: $284,4712017Assets 2018: $257,129Net Assets 2018: $257,1292018Assets 2019: $197,906Net Assets 2019: $197,9062019Assets 2020: $194,744Net Assets 2020: $194,7442020Assets 2021: $197,036Net Assets 2021: $197,0362021Assets 2022: $155,408Net Assets 2022: $155,4082022Assets 2023: $109,296Net Assets 2023: $109,2962023Assets 2024: $100,022Net Assets 2024: $100,0222024

Highlighted filing

2018

Assets$257,129
Liabilities-
Net Assets$257,129
Open 2018 Filing

Operations Trend

Revenue Growth26th percentile

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

$300K$200K$100K$0-$100KRevenue 2011: $51,540Expenses 2011: $55,603Net Income 2011: -$4,0632011Revenue 2012: $92,586Expenses 2012: $83,416Net Income 2012: $9,1702012Revenue 2013: $141,544Expenses 2013: $107,976Net Income 2013: $33,5682013Revenue 2014: $245,578Expenses 2014: $225,746Net Income 2014: $19,8322014Revenue 2015: $281,416Expenses 2015: $162,969Net Income 2015: $118,4472015Revenue 2016: $124,483Expenses 2016: $153,250Net Income 2016: -$28,7672016Revenue 2017: $92,118Expenses 2017: $128,161Net Income 2017: -$36,0432017Revenue 2018: $76,285Expenses 2018: $110,665Net Income 2018: -$34,3802018Revenue 2019: $85,199Expenses 2019: $144,422Net Income 2019: -$59,2232019Revenue 2020: $1,448Expenses 2020: $4,610Net Income 2020: -$3,1622020Revenue 2021: $5,174Expenses 2021: $2,882Net Income 2021: $2,2922021Revenue 2022: $44,022Expenses 2022: $85,650Net Income 2022: -$41,6282022Revenue 2023: $50,178Expenses 2023: $96,290Net Income 2023: -$46,1122023Revenue 2024: $1,853Expenses 2024: $11,127Net Income 2024: -$9,2742024

Highlighted filing

2018

Revenue$76,285
Expenses$110,665
Net Income-$34,380
Open 2018 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2018 to Dec 31, 2018
Signed
May 13, 2019
Return Version
2018v3.1
Gross Receipts
$76,285
Mission and Program Overview

Mission

Public Charity Status 170 (b) (1) (A) (vi)It promotes to share the heritage of Korean culture and strives to build a bridge among different cultures through cultural events and conferences.

Program Services

DescriptionGrantsExpenses
Korean Cultural Center has held cultural festivals, art and music contests, and conferences to encourage and promote the public's awareness of the Korean heritage and Korean culture.$107,621-
Compensation and Service Providers
Top Officer Pay76th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Amy ChooDirector-$0--
Juweon YunPresidentPT$0--
Diane KimDirectorPT$0--
Dr Steven ChoiTreasurer-$0--
Filing and Contact Details

Filer

Filer Name
Korean Cultural Center
EIN
20-1973569
Phone
9498929516
Address
72 Monroe, Irvine, CA 92620

Signing Officer

Name
Juweon Yun
Title
President
Signed
2019-05-13
Discuss with paid preparer
Yes

Preparer

Firm
David B Kim CPA
Address
9636 Garden Grove Blvd Ste 19, Garden Grove, CA 92844-1554
Preparer
David B Kim
Phone
7146362729
Supplemental Narrative

Additional Explanations

Other Expenses.1002

“Office Expenses $145”

Other Expenses.1

“Cultural Festival Logistics $59637”

Other Expenses.2

“Festival Contract Services $15000”

Other Expenses.3

“Cultural Festival Marketing $13572”

Other Expenses.4

“Cultural Festival Operations $8579”

Other Expenses.5

“Festival Design & Printing $5208”

Other Expenses.6

“Program - Cultural Art $2652”

Other Expenses.7

“Cultural Festival Promotion $2241”

Other Expenses.8

“Tax & License $451”

Other Expenses.9

“Web Hosting $420”

Other Expenses.10

“Conference & Meeting $147”

Other Expenses.11

“Bank Fees $134”

Total Liabilities.1001

“Accounts Payable and Accrued Expenses - Beginning $7037 Accounts Payable and Accrued Expenses - Ending $0”

Raw XML Appendix166 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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IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0Director
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3Treasurer
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationFiled990TInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherChangesInNetAssetsAmt07038
IRS990EZ/OtherExpensesTotalAmt0108186
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
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IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0Korean Cultural Center has held cultural festivals, art and music contests, and conferences to encourage and promote the public's awareness of the Korean heritage and Korean culture.
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt0107621
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/RelatedOrgSect527OrgInd0false
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SpecialEventsDirectExpensesAmt00
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt07037
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt0110665
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IRS990EZ/TotalRevenueAmt076285
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0www.ockcc.org
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt073789
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt090850
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0122801
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0281412
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0192369
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IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.92990
IRS990ScheduleA/PublicSupportPY170Pct00.93790
IRS990ScheduleA/PublicSupportTotal170Amt0761221
IRS990ScheduleA/SubstantialContributorsTotAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt073789
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IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0192369
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0761221
IRS990ScheduleA/TotalSupportAmt0818604
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt00
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Office Expenses $145
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Cultural Festival Logistics $59637
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Festival Contract Services $15000
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Cultural Festival Marketing $13572
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Cultural Festival Operations $8579
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5Festival Design & Printing $5208
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6Program - Cultural Art $2652
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7Cultural Festival Promotion $2241
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8Tax & License $451
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt9Web Hosting $420
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt10Conference & Meeting $147
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt11Bank Fees $134
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt12Accounts Payable and Accrued Expenses - Beginning $7037 Accounts Payable and Accrued Expenses - Ending $0
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Other Expenses.1002
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Other Expenses.1
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Other Expenses.2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Other Expenses.3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Other Expenses.4
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Other Expenses.5
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Other Expenses.6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7Other Expenses.7
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8Other Expenses.8
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc9Other Expenses.9
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc10Other Expenses.10
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc11Other Expenses.11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc12Total Liabilities.1001
ReturnHeader/BuildTS02019-02-21 02:37:17Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0Juweon Yun
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0President
ReturnHeader/BusinessOfficerGrp/SignatureDt02019-05-13
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0Korean Cultural Center
ReturnHeader/Filer/BusinessNameControlTxt0KORE
ReturnHeader/Filer/EIN0201973569
ReturnHeader/Filer/PhoneNum09498929516
ReturnHeader/Filer/USAddress/AddressLine1Txt072 Monroe
ReturnHeader/Filer/USAddress/CityNm0Irvine
ReturnHeader/Filer/USAddress/StateAbbreviationCd0CA
ReturnHeader/Filer/USAddress/ZIPCd092620
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0562419639
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0David B Kim CPA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt09636 Garden Grove Blvd Ste 19
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Garden Grove
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0CA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0928441554
ReturnHeader/PreparerPersonGrp/PhoneNum07146362729
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0DAVID B KIM
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02019-05-13T10:22:42-07:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02018-01-01
ReturnHeader/TaxPeriodEndDt02018-12-31
ReturnHeader/TaxYr02018

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2018 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$257,129
Liabilities
-
Net assets
$257,129
Revenue
$76,285
Expenses
$110,665
Net income
-$34,380
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$1.00$1.00$0.02$0.11$0.09
2023Detailed filing. Detailed filing data is available for this year.$1.09$1.09$0.50$0.96$0.46
2022Detailed filing. Detailed filing data is available for this year.$1.55$1.55$0.44$0.86$0.42
2021Detailed filing. Detailed filing data is available for this year.$1.97$1.97$0.05$0.03$0.02
2020Detailed filing. Detailed filing data is available for this year.$1.95$1.95$0.01$0.05$0.03
2019Detailed filing. Detailed filing data is available for this year.$1.98$1.98$0.85$1.44$0.59
2018Detailed filing. Detailed filing data is available for this year.$2.57$2.57$0.76$1.11$0.34
2017Detailed filing. Detailed filing data is available for this year.$2.92$0.07$2.84$0.92$1.28$0.36
2016Detailed filing. Detailed filing data is available for this year.$3.21$3.21$1.24$1.53$0.29
2015Detailed filing. Detailed filing data is available for this year.$3.49$0.00$3.49$2.81$1.63$1.18
2014Detailed filing. Detailed filing data is available for this year.$2.31$0.00$2.31$2.46$2.26$0.20
2013Detailed filing. Detailed filing data is available for this year.$2.55$2.55$1.42$1.08$0.34
2012Summary only. Only limited summary data is available for this year.$1.96$0.00$0.93$0.83$0.09
2011Summary only. Only limited summary data is available for this year.$1.51$0.00$0.52$0.56$0.04