Civic Intelligence

Koam Education Alliance Co Haewon Park

990 • Fiscal year 2016 • EIN 20-3380172

Jan 01, 2016 to Dec 31, 2016 • Filed on Nov 15, 2017

Organization ProfileWWW.KOAMEDUALL.ORG
3833 Chimney Hill DrCincinnati, OH 45241

(513) 979-4328

Siviq Scores

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

Liabilities / Assets

96th percentile

1.40x

Higher debt load relative to assets than 96% of similar nonprofits.

2016 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2016

Liabilities / Revenue

88th percentile

0.75x

Higher debt load relative to revenue than 88% of similar nonprofits.

2016 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2016

Net Margin

56th percentile

5.1%

Higher net margin than 56% of similar nonprofits.

2016 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2016

Top Officer Pay

71st percentile

$60,000

Higher top officer pay than 71% of similar nonprofits.

Top officer pay equals 7.5% of source-year revenue.

2016 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2016

Asset Growth

4th percentile

-37%

Faster asset growth than 4% of similar nonprofits.

2016 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2015 to 2016

Revenue Growth

22nd percentile

-13%

Faster revenue growth than 22% of similar nonprofits.

2016 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2015 to 2016

Balance Sheet
Liabilities / Assets96th percentile

Assets

Down

$429,252

Down $256,687 (-37%) from 2015

Net Assets

Up

-$170,124

Up $41,022 (+19%) from 2015

Liabilities

Down

$599,376

Down $297,709 (-33%) from 2015

Revenue And Expenses
Liabilities / Revenue88th percentileNet Margin56th percentile

Revenue

Down

$799,321

Down $124,069 (-13%) from 2015

Expenses

Down

$758,297

Down $280,114 (-27%) from 2015

Net Income

Up

$41,024

Up $156,045 (+136%) from 2015

Historical Trend

Balance Sheet Trend

Asset Growth4th percentile

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

$1.5M$1.0M$500K$0-$500KAssets 2010: $637,543Liabilities 2010: $762,776Net Assets 2010: -$125,2332010Assets 2011: $901,308Liabilities 2011: $990,164Net Assets 2011: -$88,8562011Assets 2012: $1,026,605Liabilities 2012: $1,150,018Net Assets 2012: -$123,4132012Assets 2013: $879,348Liabilities 2013: $990,071Net Assets 2013: -$110,7232013Assets 2014: $915,027Liabilities 2014: $1,011,152Net Assets 2014: -$96,1252014Assets 2015: $685,939Liabilities 2015: $897,085Net Assets 2015: -$211,1462015Assets 2016: $429,252Liabilities 2016: $599,376Net Assets 2016: -$170,1242016Assets 2017: $518,191Liabilities 2017: $595,825Net Assets 2017: -$77,6342017Assets 2018: $463,648Liabilities 2018: $539,617Net Assets 2018: -$75,9692018Assets 2019: $389,002Liabilities 2019: $531,643Net Assets 2019: -$142,6412019Assets 2020: $169,968Liabilities 2020: $447,383Net Assets 2020: -$277,4152020Assets 2021: $207,163Liabilities 2021: $437,440Net Assets 2021: -$230,2772021Assets 2022: $111,123Liabilities 2022: $258,153Net Assets 2022: -$147,0302022Assets 2023: $48,806Liabilities 2023: $195,184Net Assets 2023: -$146,3782023Assets 2024: $59,002Liabilities 2024: $163,506Net Assets 2024: -$104,5042024

Highlighted filing

2016

Assets$429,252
Liabilities$599,376
Net Assets-$170,124
Open 2016 Filing

Operations Trend

Revenue Growth22nd percentile

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

$2.0M$1.5M$1.0M$500K$0-$500KExpenses 2010: $1,212,1962010Expenses 2011: $1,539,8542011Expenses 2012: $1,366,8792012Revenue 2013: $1,242,529Expenses 2013: $1,229,839Net Income 2013: $12,6902013Revenue 2014: $1,035,280Expenses 2014: $1,020,682Net Income 2014: $14,5982014Revenue 2015: $923,390Expenses 2015: $1,038,411Net Income 2015: -$115,0212015Revenue 2016: $799,321Expenses 2016: $758,297Net Income 2016: $41,0242016Revenue 2017: $678,697Expenses 2017: $586,207Net Income 2017: $92,4902017Revenue 2018: $596,943Expenses 2018: $595,278Net Income 2018: $1,6652018Revenue 2019: $567,608Expenses 2019: $526,977Net Income 2019: $40,6312019Revenue 2020: $162,724Expenses 2020: $295,458Net Income 2020: -$132,7342020Revenue 2021: $103,518Expenses 2021: $56,381Net Income 2021: $47,1372021Revenue 2022: $186,859Expenses 2022: $103,612Net Income 2022: $83,2472022Revenue 2023: $112,897Expenses 2023: $112,245Net Income 2023: $6522023Revenue 2024: $138,232Expenses 2024: $96,360Net Income 2024: $41,8722024

Highlighted filing

2016

Revenue$799,321
Expenses$758,297
Net Income$41,024
Open 2016 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2016 to Dec 31, 2016
Signed
Nov 15, 2017
Return Version
2016v3.0
Gross Receipts
$809,921
Mission and Program Overview

Mission

Koam education alliance was created for the purpose of offering an educational exchange program for korean students (grades four through twelve) and providing the opportunity to live with volunteer host families while attending private schools for an academic year or semester.

Koam education alliance was created for the purpose of offering an educational exchange program for korean students in grades 4 - 12 and providing the opportunity to live with volunteer host families while attending schools for an academic year or semester

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$410,812$261,553▼ $149,259
Savings and Temporary Cash Investments$92,116--
Land, Buildings, and Equipment, Net$27,950$7,483▼ $20,467
Prepaid Expenses and Deferred Charges$6,606$3,368▼ $3,238
Total Assets$685,939$429,252▼ $256,687
Other Assets Total$148,455$156,848▲ $8,393
Liabilities
Other Liabilities$485,322$595,163▲ $109,841
Deferred Revenue$393,364--
Accounts Payable and Accrued Expenses$18,399$4,213▼ $14,186
Total Liabilities$897,085$599,376▼ $297,709
Net Assets / Fund Balance
Unrestricted Net Assets$-211,146$-170,124▲ $41,022
Total Net Assets Fund Balance$-211,146$-170,124▲ $41,022
Total Liabilities and Net Assets / Fund Balance$685,939$429,252▼ $256,687

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$7,483$40,523$48,006
Other Assets Org$156,848--
Compensation and Service Providers
Top Officer Pay71st percentile

Employees

NameTitleFull / Part TimeBaseTotal
Haewon ParkTreasurerFT$60,000$60,000
Nicole RiebeOfficerPT$34,000$34,000
Jae ParkExecutive DiFT$17,000$17,000

Board Members and Trustees

NameTitle
Natalie ParkDirector
Revenue and Support

Revenue Composition

Contributions and Grants
$8,000
Program Service Revenue
$801,765
Investment Income
$-10,444
Other Revenue
$0
Change in Net Assets
$41,024
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$425,629
Salaries, Compensation, and Employee Benefits$332,668
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$175,827--$175,827
Current Officers, Directors, Trustees, and Key Employees$111,000--$111,000
Occupancy$87,982--$87,982
Office Expenses$32,648$6,649-$39,297
Payroll Taxes$37,961--$37,961
All Other Expenses$9,527$3,825-$13,352
Other Expenses$12,489--$12,489
Depreciation Depletion$9,867--$9,867
Other Employee Benefits$7,880--$7,880
Travel$1,523$4,018-$5,541
Advertising$3,731$823-$4,554
Fees for Services Other$1,056--$1,056
Fees for Services Accounting-$1,000-$1,000
Insurance$292--$292
Total Functional Expenses$741,982$16,315$0$758,297
International Activity

International Summary

Offices
1
Employees
4
Spending
$284,385

International Compliance

Foreign grant records maintained
No
Activity in boycott countries
No
Foreign corporation ownership
No
Foreign partnership interest
No
Interest in foreign trust
No
Passive foreign investment company interest
No
Transfers to foreign corporations
No

International Activities

RegionActivityServicesOfficesEmployeesSpending
East Asia and the PacificProgram ServicesEducate Families14$284,385
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
Insider Transactions and Loans

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
Jae H Park Haewon ParkOfficersLoan to OrganizationNo$266,559
Chung Sook ParkOfficer ParentLoan to OrganizationNo$199,942
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Loans From Others$468,288
Deposits From Students$124,179
Payroll Liabilities$2,696
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Business relationship with family members
Yes
Business relationship with organization members
Yes
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, Page 6, Part VI, Line 2

“Jae park haewon park exec direct treasurer jae is haewon's husband natalie park haewon park director treasurer natalie is haewon's daughter nicole riebe haewon park director treasurer nicole is haewon's daughter”

Form 990, Page 6, Part VI, Line 9

“Jae park 102-902 hanhwa gumegreen gyeonggi-do, south korea 16488, ks nicole riebe 8456 lyndale ave. S. Bloomington, mn 55420”

Form 990, Page 6, Part VI, Line 11B

“990 is prepared with information provided by the organization. The organization uses quickbooks accounting software to record all transactions. Draft of 990 provided to the board of directors for review and approval prior to filing”

Form 990, Page 6, Part VI, Line 19

“The organization makes it's governing documents and financial statements available to the public upon request”

Filing and Contact Details

Filer

Filer Name
Koam Educational Alliance
EIN
20-3380172
Address
3833 CHIMNEY HILL DR, CINCINNATI, OH 45241

Signing Officer

Name
Haewon Park
Title
Treasurer
Phone
5139794328
Signed
2017-11-15

Organization Details

Principal Officer
Haewon Park
Legal Domicile
Oh
Voting Board Members
4
Independent Board Members
0
Employees
4

Preparer

Firm
Ballard Surratt & Co Pa
Address
50 SALEM STREET, THOMASVILLE, NC 27360-3945
Preparer
Hope M Surratt
Phone
3364723434
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

“Koam education alliance was created for the purpose of offering an educational exchange program for korean students in grades 4 - 12 and providing the opportunity to live with volunteer host families while attending schools for an academic year or semester”

Form 990, Part V, Line 4B

“KOREA (SOUTH)”

Form 990, Part XI, Line 9

“Book / tax depreciation difference -2”

Raw XML Appendix396 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.

Path#Value
IRS990/AccountantCompileOrReviewInd0false
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt018399
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt04213
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0KOAM EDUCATION ALLIANCE WAS CREATED FOR THE PURPOSE OF OFFERING AN EDUCATIONAL EXCHANGE PROGRAM FOR KOREAN STUDENTS IN GRADES 4 - 12 AND PROVIDING THE OPPORTUNITY TO LIVE WITH VOLUNTEER HOST FAMILIES WHILE ATTENDING SCHOOLS FOR AN ACADEMIC YEAR OR SEMESTER
IRS990/AdvertisingGrp/ManagementAndGeneralAmt0823
IRS990/AdvertisingGrp/ProgramServicesAmt03731
IRS990/AdvertisingGrp/TotalAmt04554
IRS990/AllOtherExpensesGrp/ManagementAndGeneralAmt03825
IRS990/AllOtherExpensesGrp/ProgramServicesAmt09527
IRS990/AllOtherExpensesGrp/TotalAmt013352
IRS990/BooksInCareOfDetail/PersonNm0HAEWON PARK
IRS990/BooksInCareOfDetail/PhoneNum05139794328
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt03833 CHIMNEY HILL DRIVE
IRS990/BooksInCareOfDetail/USAddress/CityNm0CINCINNATI
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0OH
IRS990/BooksInCareOfDetail/USAddress/ZIPCd045241
IRS990/BusinessRlnWithFamMemInd0true
IRS990/BusinessRlnWithOfficerEntInd0false
IRS990/BusinessRlnWithOrgMemInd0true
IRS990/CashNonInterestBearingGrp/BOYAmt0410812
IRS990/CashNonInterestBearingGrp/EOYAmt0261553
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CollectionsOfArtInd0false
IRS990/CompCurrentOfcrDirectorsGrp/ProgramServicesAmt0111000
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt0111000
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0false
IRS990/CompensationProcessOtherInd0false
IRS990/ConflictOfInterestPolicyInd0false
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt08000
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt0-10444
IRS990/CYOtherExpensesAmt0425629
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt0801765
IRS990/CYRevenuesLessExpensesAmt041024
IRS990/CYSalariesCompEmpBnftPaidAmt0332668
IRS990/CYTotalExpensesAmt0758297
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0799321
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DeferredRevenueGrp/BOYAmt0393364
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/DepreciationDepletionGrp/ProgramServicesAmt09867
IRS990/DepreciationDepletionGrp/TotalAmt09867
IRS990/Desc0DURING THE YEAR KOAM EDUCATION ALLIANCE HAD A TOTAL OF 44 EXCHANGE STUDENTS 54 HOST FAMILIES AND 22 AMERICAN SCHOOLS (LOCATED IN CO, MN, KS, NE, MO,AND IN) PARTICIPATING IN THE PROGRAM. MOST STUDENTS STAY IN THE US FOR 10 MONTHS.
IRS990/DescribedInSection501c3Ind0true
IRS990/DisregardedEntityInd0false
IRS990/DocumentRetentionPolicyInd0false
IRS990/DonorAdvisedFundInd0false
IRS990/ElectionOfBoardMembersInd0false
IRS990/EmployeeCnt04
IRS990/EmploymentTaxReturnsFiledInd0true
IRS990/EngagedInExcessBenefitTransInd0false
IRS990/ExpenseAmt0741982
IRS990/FamilyOrBusinessRlnInd0true
IRS990/FederalGrantAuditRequiredInd0false
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt01000
IRS990/FeesForServicesAccountingGrp/TotalAmt01000
IRS990/FeesForServicesOtherGrp/ProgramServicesAmt01056
IRS990/FeesForServicesOtherGrp/TotalAmt01056
IRS990/ForeignActivitiesInd0true
IRS990/ForeignCountryCd0KS
IRS990/ForeignFinancialAccountInd0true
IRS990/ForeignOfficeInd0true
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt040.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt132.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt240.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt31.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/PersonNm0HAEWON PARK
IRS990/Form990PartVIISectionAGrp/PersonNm1NICOLE RIEBE
IRS990/Form990PartVIISectionAGrp/PersonNm2JAE PARK
IRS990/Form990PartVIISectionAGrp/PersonNm3NATALIE PARK
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt060000
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt134000
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt217000
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/TitleTxt0TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt1OFFICER
IRS990/Form990PartVIISectionAGrp/TitleTxt2EXECUTIVE DI
IRS990/Form990PartVIISectionAGrp/TitleTxt3DIRECTOR
IRS990/Form990ProvidedToGvrnBodyInd0true
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedInd0false
IRS990/FundraisingActivitiesInd0false
IRS990/GainOrLossGrp/OtherAmt0-10600
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt04
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt0809921
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IndependentAuditFinclStmtInd0false
IRS990/IndependentVotingMemberCnt00
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InsuranceGrp/ProgramServicesAmt0292
IRS990/InsuranceGrp/TotalAmt0292
IRS990/InvestmentIncomeGrp/RelatedOrExemptFuncIncomeAmt0156
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0156
IRS990/InvestmentInJointVentureInd0false
IRS990/IRPDocumentCnt06
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt040523
IRS990/LandBldgEquipBasisNetGrp/BOYAmt027950
IRS990/LandBldgEquipBasisNetGrp/EOYAmt07483
IRS990/LandBldgEquipCostOrOtherBssAmt048006
IRS990/LegalDomicileStateCd0OH
IRS990/LessCostOthBasisSalesExpnssGrp/OtherAmt010600
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembershipDuesAmt08000
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0KOAM EDUCATION ALLIANCE WAS CREATED FOR THE PURPOSE OF OFFERING AN EDUCATIONAL EXCHANGE PROGRAM FOR KOREAN STUDENTS IN GRADES 4 - 12 AND PROVIDING THE OPPORTUNITY TO LIVE WITH VOLUNTEER HOST FAMILIES WHILE ATTENDING SCHOOLS FOR AN ACADEMIC YEAR OR SEMESTER
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt0-211146
IRS990/NetAssetsOrFundBalancesEOYAmt0-170124
IRS990/NetGainOrLossInvestmentsGrp/RelatedOrExemptFuncIncomeAmt0-10600
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt0-10600
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/ProgramServicesAmt087982
IRS990/OccupancyGrp/TotalAmt087982
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt06649
IRS990/OfficeExpensesGrp/ProgramServicesAmt032648
IRS990/OfficeExpensesGrp/TotalAmt039297
IRS990/OfficerMailingAddressInd0true
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt0148455
IRS990/OtherAssetsTotalGrp/EOYAmt0156848
IRS990/OtherChangesInNetAssetsAmt0-2
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt07880
IRS990/OtherEmployeeBenefitsGrp/TotalAmt07880
IRS990/OtherExpensesGrp/Desc0SCHOOL TUITION
IRS990/OtherExpensesGrp/Desc1HOST FAMILY FEES
IRS990/OtherExpensesGrp/Desc2AREA COORDINATOR FEES
IRS990/OtherExpensesGrp/Desc3EDUCATIONAL SUPPLIES
IRS990/OtherExpensesGrp/ProgramServicesAmt0125849
IRS990/OtherExpensesGrp/ProgramServicesAmt1107400
IRS990/OtherExpensesGrp/ProgramServicesAmt216950
IRS990/OtherExpensesGrp/ProgramServicesAmt312489
IRS990/OtherExpensesGrp/TotalAmt0125849
IRS990/OtherExpensesGrp/TotalAmt1107400
IRS990/OtherExpensesGrp/TotalAmt216950
IRS990/OtherExpensesGrp/TotalAmt312489
IRS990/OtherLiabilitiesGrp/BOYAmt0485322
IRS990/OtherLiabilitiesGrp/EOYAmt0595163
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0175827
IRS990/OtherSalariesAndWagesGrp/TotalAmt0175827
IRS990/PartialLiquidationInd0false
IRS990/PayrollTaxesGrp/ProgramServicesAmt037961
IRS990/PayrollTaxesGrp/TotalAmt037961
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt06606
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt03368
IRS990/PrincipalOfficerNm0HAEWON PARK
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/Desc0PROGRAM SERVICE REVENUE
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0801765
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0801765
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt09159
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt045
IRS990/PYOtherExpensesAmt0719122
IRS990/PYOtherRevenueAmt034964
IRS990/PYProgramServiceRevenueAmt0879222
IRS990/PYRevenuesLessExpensesAmt0-115021
IRS990/PYSalariesCompEmpBnftPaidAmt0319289
IRS990/PYTotalExpensesAmt01038411
IRS990/PYTotalRevenueAmt0923390
IRS990/ReconcilationRevenueExpnssAmt041024
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0true
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt0801765
IRS990/SavingsAndTempCashInvstGrp/BOYAmt092116
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt08000
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt09159
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt09159
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt026318
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt045
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt076
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt0345
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt0453
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt0919
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt0801921
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt0914231
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt01021890
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt01207911
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt01291522
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt05237475
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt045
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt076
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt0345
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt0453
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt0919
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/InvestmentIncomePYPct00.00000
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.99980
IRS990ScheduleA/PublicSupportPY509Pct01.00000
IRS990ScheduleA/PublicSupportTotal509Amt05263793
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0809921
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0923390
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt01031049
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt01207911
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt01291522
IRS990ScheduleA/Total509Grp/TotalAmt05263793
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0809921
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0923435
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt01031125
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt01208256
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt01291975
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt05264712
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt0156848
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0NOTE RECEIVABLE - KOAM EDU
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt07483
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt040523
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt048006
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0468288
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt1124179
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt22696
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0LOANS FROM OTHERS
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1DEPOSITS FROM STUDENTS
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2PAYROLL LIABILITIES
IRS990ScheduleD/TotalBookValueLandBuildingsAmt07483
IRS990ScheduleD/TotalBookValueOtherAssetsAmt0156848
IRS990ScheduleD/TotalLiabilityAmt0595163
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/EmployeeCnt04
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/OfficesCnt01
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTotalExpendituresAmt0284385
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTxt0EAST ASIA AND THE PACIFIC
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/SpecificServicesProvidedTxt0EDUCATE FAMILIES
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/TypeOfActivitiesConductedTxt0PROGRAM SERVICES
IRS990ScheduleF/BoycottCountriesInd0false
IRS990ScheduleF/ForeignCorpOwnershipInd0false
IRS990ScheduleF/ForeignPartnershipInd0false
IRS990ScheduleF/GrantRecordsMaintainedInd0false
IRS990ScheduleF/InterestInForeignTrustInd0false
IRS990ScheduleF/PassiveForeignInvestmestCoInd0false
IRS990ScheduleF/SubtotalEmployeesCnt04
IRS990ScheduleF/SubtotalOfficesCnt01
IRS990ScheduleF/SubtotalSpentAmt0284385
IRS990ScheduleF/SupplementalInformationDetail/ExplanationTxt0EAST ASIA AND THE PACIFIC 284,385 0
IRS990ScheduleF/SupplementalInformationDetail/ExplanationTxt1PART I, LINE 3: QUICKBOOKS ACCOUNTING DATABASE INCLUDES ALL TRANSACTIONS CONDUCTED IN KOREA PART I, LINE 3, COLUMN E EDUCATING FAMILIES ABOUT THE STUDENT EXCHANGE PROGRAM, ORGANIZING LOGISTIES SURROUNDING THE EXCHANGE PROGRAM, COMMUNICATING WITH FAMILIES REGARDING THEIR CHILD'S STATUS AND WELL BEING WHILE IN THE UNITED STATES
IRS990ScheduleF/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE F, PAGE 1, PART I, LINE 3
IRS990ScheduleF/SupplementalInformationDetail/FormAndLineReferenceDesc1SCHEDULE F, PAGE 5, PART V
IRS990ScheduleF/TotalEmployeeCnt04
IRS990ScheduleF/TotalOfficeCnt01
IRS990ScheduleF/TotalSpentAmt0284385
IRS990ScheduleF/TransferToForeignCorpInd0false
IRS990/ScheduleJRequiredInd0false
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/NameOfInterested/PersonNm0JAE H PARK HAEWON PARK
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/NameOfInterested/PersonNm1CHUNG SOOK PARK
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/RelationshipDescriptionTxt0OFFICERS
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/RelationshipDescriptionTxt1OFFICER PARENT
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/SharingOfRevenuesInd0false
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/SharingOfRevenuesInd1false
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionAmt0266559
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionAmt1199942
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionDesc0LOAN TO ORGANIZATION
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionDesc1LOAN TO ORGANIZATION
IRS990ScheduleL/SupplementalInformationDetail/ExplanationTxt0LOAN FROM JAE H. PARK & HAEWON PARK TO HELP KOAM WITH OPERATING EXPENSES LOAN FROM CHUNG SOOK PARK (PARENT OF OFFICER) TO HELP KOAM GET STARTED
IRS990ScheduleL/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE L, PART V
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0KOAM EDUCATION ALLIANCE WAS CREATED FOR THE PURPOSE OF OFFERING AN EDUCATIONAL EXCHANGE PROGRAM FOR KOREAN STUDENTS IN GRADES 4 - 12 AND PROVIDING THE OPPORTUNITY TO LIVE WITH VOLUNTEER HOST FAMILIES WHILE ATTENDING SCHOOLS FOR AN ACADEMIC YEAR OR SEMESTER
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1KOREA (SOUTH)
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2JAE PARK HAEWON PARK EXEC DIRECT TREASURER JAE IS HAEWON'S HUSBAND NATALIE PARK HAEWON PARK DIRECTOR TREASURER NATALIE IS HAEWON'S DAUGHTER NICOLE RIEBE HAEWON PARK DIRECTOR TREASURER NICOLE IS HAEWON'S DAUGHTER
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3JAE PARK 102-902 HANHWA GUMEGREEN GYEONGGI-DO, SOUTH KOREA 16488, KS NICOLE RIEBE 8456 LYNDALE AVE. S. BLOOMINGTON, MN 55420
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4990 IS PREPARED WITH INFORMATION PROVIDED BY THE ORGANIZATION. THE ORGANIZATION USES QUICKBOOKS ACCOUNTING SOFTWARE TO RECORD ALL TRANSACTIONS. DRAFT OF 990 PROVIDED TO THE BOARD OF DIRECTORS FOR REVIEW AND APPROVAL PRIOR TO FILING
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THE ORGANIZATION MAKES IT'S GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6BOOK / TAX DEPRECIATION DIFFERENCE -2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990 - ORGANIZATION'S MISSION
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART V, LINE 4B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 9
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PAGE 6, PART VI, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PART XI, LINE 9
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0685939
IRS990/TotalAssetsEOYAmt0429252
IRS990/TotalAssetsGrp/BOYAmt0685939
IRS990/TotalAssetsGrp/EOYAmt0429252
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt08000
IRS990/TotalEmployeeCnt04
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt016315
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0741982
IRS990/TotalFunctionalExpensesGrp/TotalAmt0758297
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0897085
IRS990/TotalLiabilitiesEOYAmt0599376
IRS990/TotalLiabilitiesGrp/BOYAmt0897085
IRS990/TotalLiabilitiesGrp/EOYAmt0599376
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0-211146
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0-170124
IRS990/TotalProgramServiceExpensesAmt0741982
IRS990/TotalProgramServiceRevenueAmt0801765
IRS990/TotalReportableCompFromOrgAmt0111000
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0791321
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0799321
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0685939
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0429252
IRS990/TravelGrp/ManagementAndGeneralAmt04018
IRS990/TravelGrp/ProgramServicesAmt01523
IRS990/TravelGrp/TotalAmt05541
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnrestrictedNetAssetsGrp/BOYAmt0-211146
IRS990/UnrestrictedNetAssetsGrp/EOYAmt0-170124
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt03833 CHIMNEY HILL DRIVE
IRS990/USAddress/CityNm0CINCINNATI
IRS990/USAddress/StateAbbreviationCd0OH
IRS990/USAddress/ZIPCd045241
IRS990/VotingMembersGoverningBodyCnt04
IRS990/VotingMembersIndependentCnt00
IRS990/WebsiteAddressTxt0WWW.KOAMEDUALL.ORG
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02017-02-10 21:41:12Z
ReturnHeader/BusinessOfficerGrp/PersonNm0HAEWON PARK
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0TREASURER
ReturnHeader/BusinessOfficerGrp/PhoneNum05139794328
ReturnHeader/BusinessOfficerGrp/SignatureDt02017-11-15
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0KOAM EDUCATIONAL ALLIANCE
ReturnHeader/Filer/BusinessNameControlTxt0KOAM
ReturnHeader/Filer/EIN0203380172
ReturnHeader/Filer/USAddress/AddressLine1Txt03833 CHIMNEY HILL DR
ReturnHeader/Filer/USAddress/CityNm0CINCINNATI
ReturnHeader/Filer/USAddress/StateAbbreviationCd0OH
ReturnHeader/Filer/USAddress/ZIPCd045241
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId055768AC9CD56D4035E89663FEFE1880A83120F3A
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId0D51795C1AF96A5AFCB19896A9CFBB9872EBCF114
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0562105122
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0BALLARD SURRATT & CO PA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt050 SALEM STREET
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0THOMASVILLE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0273603945
ReturnHeader/PreparerPersonGrp/PhoneNum03364723434
ReturnHeader/PreparerPersonGrp/PreparationDt02017-11-15
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0HOPE M SURRATT
ReturnHeader/ReturnTs02017-11-15T10:48:40-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02016-01-01
ReturnHeader/TaxPeriodEndDt02016-12-31
ReturnHeader/TaxYr02016

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2016 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$429,252
Liabilities
$599,376
Net assets
-$170,124
Revenue
$799,321
Expenses
$758,297
Net income
$41,024
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$0.06$0.16$0.10$0.14$0.10$0.04
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.05$0.20$0.15$0.11$0.11$0.00
2022Detailed filing. Detailed filing data is available for this year.$0.11$0.26$0.15$0.19$0.10$0.08
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.21$0.44$0.23$0.10$0.06$0.05
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.17$0.45$0.28$0.16$0.30$0.13
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.39$0.53$0.14$0.57$0.53$0.04
2018Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.46$0.54$0.08$0.60$0.60$0.00
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.52$0.60$0.08$0.68$0.59$0.09
2016Detailed filing. Detailed filing data is available for this year.$0.43$0.60$0.17$0.80$0.76$0.04
2015Detailed filing. Detailed filing data is available for this year.$0.69$0.90$0.21$0.92$1.04$0.12
2014Detailed filing. Detailed filing data is available for this year.$0.92$1.01$0.10$1.04$1.02$0.01
2013Detailed filing. Detailed filing data is available for this year.$0.88$0.99$0.11$1.24$1.23$0.01
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.03$1.15$0.12$1.37
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.90$0.99$0.09$1.54
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.64$0.76$0.13$1.21