Civic Intelligence

Korean Cultural Center of Chicago

EIN 20-2534366 • 501(c)3 • Wheeling, IL

Profile

The purposes shall be: (1)to discover, preserve, and develop korean immigrants' history and korean cultural legacies in the us, (2)to enhance the understanding of the korean culture's uniqueness by propagating and educating korean culture to korean descendants and other people, (3)to serve as the center for cooperation among all korean-americans and their organizations, and (4)to support the cultural exchange and networking between korea and the us and facilitate any other cultural activities. - communy-wide fund raising activities are being performed and the funds to obtain the community center are being accumulated.

9925 S Capitol DriveWheeling, IL 60090

www.kccoc.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

33rd percentile

0.04x

Higher debt load relative to assets than 33% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Source year 2024

Liabilities / Revenue

51st percentile

0.16x

Higher debt load relative to revenue than 51% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Source year 2024

Net Margin

88th percentile

48%

Higher net margin than 88% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Source year 2024

Top Officer Pay

31st percentile

$78,795

Higher top officer pay than 31% of similar nonprofits.

Top officer pay equals 4.3% of source-year revenue.

501(c)3 • $5M-$10M nonprofits • Source year 2024

Asset Growth

75th percentile

15%

Faster asset growth than 75% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Annualized from 2023 to 2024

Revenue Growth

22nd percentile

-9.3%

Faster revenue growth than 22% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets33rd percentile

Assets

Up

$7,337,245

Up $958,659 (+15%) from 2023

Liabilities

Up

$291,623

Up $83,749 (+40%) from 2023

Net Assets

Up

$7,045,622

Up $874,910 (+14%) from 2023

Operations
Liabilities / Revenue51st percentileNet Margin88th percentile

Revenue

Down

$1,827,115

Down $188,333 (-9.3%) from 2023

Expenses

Up

$952,205

Up $295,100 (+45%) from 2023

Net Income

Down

$874,910

Down $483,433 (-36%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth75th percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$8.0M$6.0M$4.0M$2.0M$0Assets 2011: $2,330,931Liabilities 2011: $11,213Net Assets 2011: $2,319,7182011Assets 2012: $2,338,866Liabilities 2012: $16,635Net Assets 2012: $2,322,2312012Assets 2013: $2,488,119Liabilities 2013: $0Net Assets 2013: $2,488,1192013Assets 2014: $2,419,796Liabilities 2014: $0Net Assets 2014: $2,419,7962014Assets 2015: $2,359,205Liabilities 2015: $0Net Assets 2015: $2,359,2052015Assets 2016: $2,399,842Liabilities 2016: $0Net Assets 2016: $2,399,8422016Assets 2017: $2,409,116Liabilities 2017: $0Net Assets 2017: $2,409,1162017Assets 2018: $2,420,379Liabilities 2018: $0Net Assets 2018: $2,420,3792018Assets 2019: $2,789,485Liabilities 2019: $0Net Assets 2019: $2,789,4852019Assets 2020: $2,998,171Liabilities 2020: $128,300Net Assets 2020: $2,869,8712020Assets 2021: $3,989,847Liabilities 2021: $124,000Net Assets 2021: $3,865,8472021Assets 2022: $4,937,669Liabilities 2022: $125,300Net Assets 2022: $4,812,3692022Assets 2023: $6,378,586Liabilities 2023: $207,874Net Assets 2023: $6,170,7122023Assets 2024: $7,337,245Liabilities 2024: $291,623Net Assets 2024: $7,045,6222024

Highlighted filing

2024

Assets$7,337,245
Liabilities$291,623
Net Assets$7,045,622
Open 2024 Filing

Operations Trend

Revenue Growth22nd percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

$3.0M$2.0M$1.0M$0-$1.0MExpenses 2011: $501,4792011Expenses 2012: $373,4142012Revenue 2013: $534,201Expenses 2013: $368,313Net Income 2013: $165,8882013Revenue 2014: $324,124Expenses 2014: $392,447Net Income 2014: -$68,3232014Revenue 2015: $328,975Expenses 2015: $389,566Net Income 2015: -$60,5912015Revenue 2016: $403,755Expenses 2016: $363,118Net Income 2016: $40,6372016Revenue 2017: $449,744Expenses 2017: $440,470Net Income 2017: $9,2742017Revenue 2018: $435,356Expenses 2018: $424,093Net Income 2018: $11,2632018Revenue 2019: $861,536Expenses 2019: $492,430Net Income 2019: $369,1062019Revenue 2020: $530,799Expenses 2020: $450,413Net Income 2020: $80,3862020Revenue 2021: $1,518,960Expenses 2021: $522,983Net Income 2021: $995,9772021Revenue 2022: $1,570,080Expenses 2022: $623,558Net Income 2022: $946,5222022Revenue 2023: $2,015,448Expenses 2023: $657,105Net Income 2023: $1,358,3432023Revenue 2024: $1,827,115Expenses 2024: $952,205Net Income 2024: $874,9102024

Highlighted filing

2024

Revenue$1,827,115
Expenses$952,205
Net Income$874,910
Open 2024 Filing

Filings

Most recent year

2024 • Form 990Facts available. Structured filing facts are available, but richer extracted sections are limited.

Open filing
Assets
$7,337,245
Liabilities
$291,623
Net assets
$7,045,622
Revenue
$1,827,115
Expenses
$952,205
Net income
$874,910
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$7.34$0.29$7.05$1.83$0.95$0.87
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$6.38$0.21$6.17$2.02$0.66$1.36
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.94$0.13$4.81$1.57$0.62$0.95
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.99$0.12$3.87$1.52$0.52$1.00
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.00$0.13$2.87$0.53$0.45$0.08
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.79$0.00$2.79$0.86$0.49$0.37
2018Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.42$0.00$2.42$0.44$0.42$0.01
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.41$0.00$2.41$0.45$0.44$0.01
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.40$0.00$2.40$0.40$0.36$0.04
2015Detailed filing. Detailed filing data is available for this year.$2.36$0.00$2.36$0.33$0.39$0.06
2014Detailed filing. Detailed filing data is available for this year.$2.42$0.00$2.42$0.32$0.39$0.07
2013Detailed filing. Detailed filing data is available for this year.$2.49$0.00$2.49$0.53$0.37$0.17
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.34$0.02$2.32$0.37
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.33$0.01$2.32$0.50