Liabilities / Assets
83rd percentile
Higher debt load relative to assets than 83% of similar nonprofits.
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
Liabilities / Assets
83rd percentile
Higher debt load relative to assets than 83% of similar nonprofits.
Liabilities / Revenue
86th percentile
Higher debt load relative to revenue than 86% of similar nonprofits.
Net Margin
86th percentile
Higher net margin than 86% of similar nonprofits.
Top Officer Pay
45th percentile
Higher top officer pay than 45% of similar nonprofits.
Top officer pay equals 2.7% of source-year revenue.
Asset Growth
76th percentile
Faster asset growth than 76% of similar nonprofits.
Revenue Growth
42nd percentile
Faster revenue growth than 42% of similar nonprofits.
Assets
Up$2,644,823
Up $584,124 (+28%) from 2020
Net Assets
Up$1,370,672
Up $718,534 (+110%) from 2020
Liabilities
Down$1,274,151
Down $134,410 (-9.5%) from 2020
Revenue
Up$1,488,733
Up $87,205 (+6.2%) from 2020
Expenses
Down$770,199
Down $219,550 (-22%) from 2020
Net Income
Up$718,534
Up $306,755 (+74%) from 2020
Provides education in theology, divinity, religious education, ministerial training, business, and organizational leadership.
Provide education in theology, divinity, religious education, ministerial training, business and organizational leadership.
| Line | Beginning | End | Change |
|---|---|---|---|
| Assets | |||
| Cash and Non-Interest-Bearing Accounts | $1,016,854 | $1,472,935 | ▲ $456,081 |
| Land, Buildings, and Equipment, Net | $715,744 | $707,636 | ▼ $8,108 |
| Other Notes and Loans Receivable, Net | $298,000 | $400,000 | ▲ $102,000 |
| Accounts Receivable | $30,101 | $64,252 | ▲ $34,151 |
| Total Assets | $2,060,699 | $2,644,823 | ▲ $584,124 |
| Liabilities | |||
| Deferred Revenue | $869,381 | $724,878 | ▼ $144,503 |
| Mortgage Notes Payable Secured by Investment Property | $330,033 | $333,586 | ▲ $3,553 |
| Unsecured Notes Loans Payable | $150,000 | $150,000 | → $0 |
| Accounts Payable and Accrued Expenses | $59,147 | $65,687 | ▲ $6,540 |
| Total Liabilities | $1,408,561 | $1,274,151 | ▼ $134,410 |
| Net Assets / Fund Balance | |||
| Net Assets Without Donor Restrictions | $652,138 | $1,370,672 | ▲ $718,534 |
| Total Net Assets Fund Balance | $652,138 | $1,370,672 | ▲ $718,534 |
| Total Liabilities and Net Assets / Fund Balance | $2,060,699 | $2,644,823 | ▲ $584,124 |
| Asset | Book Value | Depreciation | Basis |
|---|---|---|---|
| Buildings | $365,166 | $96,594 | $461,760 |
| Land | $259,740 | - | $259,740 |
| Leasehold Improvements | $72,122 | $10,878 | $83,000 |
| Equipment | $10,608 | $66,499 | $77,107 |
| Other Land Buildings | - | $35,800 | $35,800 |
| Name | Title | Full / Part Time | Base | Total |
|---|---|---|---|---|
| Dr Jin O Jeong | Vice President | FT | $40,750 | $40,750 |
| Ronnie Franklin Colbert | CFO | FT | $16,500 | $16,500 |
| Name | Title |
|---|---|
| Pyeong Rack Jeong | Chair |
| Dr Jae Sig Park | President |
| Dennis Duane Didion | Vice Chair |
| Dong Soon Park | Trustee |
| Moon Sook Kim | Trustee |
| Seok Won Sohn | Trustee |
| Line Item | Amount |
|---|---|
| Other Expenses | $711,899 |
| Salaries, Compensation, and Employee Benefits | $57,250 |
| Grants and Similar Amounts Paid | $1,050 |
| Professional Fundraising Fees | $0 |
| Total Fundraising Expense | $0 |
| Line Item | Program | Management | Fundraising | Total |
|---|---|---|---|---|
| Other Expenses | $6,555 | $69,314 | - | $69,314 |
| Current Officers, Directors, Trustees, and Key Employees | - | $57,250 | - | $57,250 |
| Grants to Domestic Individuals | $1,050 | - | - | $1,050 |
| Total Functional Expenses | $643,635 | $126,564 | $0 | $770,199 |
| Line Item | Amount |
|---|---|
| Expenses per Audited Statements | $770,199 |
| Total Expenses per Audited Statements | $770,199 |
| Total Expenses per Form 990 | $770,199 |
| Line Item | Amount |
|---|---|
| Professional Fundraising Fees | $0 |
| Liability | Amount |
|---|---|
| Federal income taxes | - |
“The Form 990 is reviewed by the President. Upon completion of the Presidents review, the return is submitted to the Board of Trustees for their approval. The Board of Trustees directs any recommended revisions to the President and Chief Financial Officer for consideration.”
“Board members shall disclose to the Board any possible conflict of interest at the earliest practical time. A Board member shall not vote on any matter, under consideration at a Board or committee meeting, in which the member has a conflict of interest. The minutes of such meeting shall reflect that a disclosure was made and that the member having a conflict of interest abstained from voting. Any Board member who is uncertain whether a conflict of interest may exist in any matter may request the Board or committee to resolve the question by a majority vote.”
“The compensation for the University President is determined and approved by the Board.”
“The compensation for the officers and key employees is determined and approved by the President.”
“The University makes its governing documents, conflict of interest policy and financial statements available to the public upon request.”
“Revenue has been updated per the amendment.”
“Updated per the amendment as the University did not delegate control over management duties to a management company or other person.”
“Updated per the amendment as the University did not have local branches, chapters or affiliates.”
“Since the Universitys financial statement audit was finalized subsequent to the filing of the 2021 Form 990, an amendment of the Form 990 is required. Program revenue and expense amounts have been updated.”
“Updated per the amendment noting separate independent audited financial statements have been obtained and the referenced footnote disclosure was included.”
“Updated per the amendment noting separate independent audited financial statements have been obtained. Therefore, Schedule D, Parts XI and XII have been completed.”
“Functional expenses have been updated per the amendment.”
“Balance sheet amounts, including assets, liabilities and net assets, have been updated per the amendment.”
“Reconcilation of net assets has been updated per the amendment therefore, associated disclosed amounts in Schedule D have been amended.”
“Per the amendment, the University s financial statements have been audited on a separate basis.”
“The Universitys 2020 financial statement audit was finalized subsequent to the filing of the 2021 Form 990 requiring an amendment of the 2020 Form 990 therefore, prior year revenue, expenses, assets, liabilities and net assets have been updated per that 2020 amended return.”
“Updated per the amendment as the University did not have interest in or signature or authority over a financial account in a foreign country.”
“The University qualifies for the charitable contribution deduction under Section 170b1A and has been classified as an organization other than a private foundation under Section 509a2. Accounting principles generally accepted in the United States of America require the Universitys management to evaluate tax positions taken by the University and to recognize a liability or asset if the University has taken an uncertain tax position that will more-likely-than-not be sustained upon examination by taxing authorities. Management has analyzed the tax position taken by the University for the year ended December 31, 2020 and believes there are no such positions as of December 31, 2021. Accordingly, no asset or liability has been accrued.”
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/AccountantCompileOrReviewInd | 0 | false |
| IRS990/AccountsPayableAccrExpnssGrp/BOYAmt | 0 | 59147 |
| IRS990/AccountsPayableAccrExpnssGrp/EOYAmt | 0 | 65687 |
| IRS990/AccountsReceivableGrp/BOYAmt | 0 | 30101 |
| IRS990/AccountsReceivableGrp/EOYAmt | 0 | 64252 |
| IRS990/ActivitiesConductedPrtshpInd | 0 | false |
| IRS990/ActivityOrMissionDesc | 0 | Provide education in theology, divinity, religious education, ministerial training, business and organizational leadership. |
| IRS990/AdvertisingGrp/TotalAmt | 0 | 0 |
| IRS990/AllOtherExpensesGrp/TotalAmt | 0 | 0 |
| IRS990/AmendedReturnInd | 0 | X |
| IRS990/AnnualDisclosureCoveredPrsnInd | 0 | true |
| IRS990/AuditCommitteeInd | 0 | true |
| IRS990/BenefitsToMembersGrp/TotalAmt | 0 | 0 |
| IRS990/BooksInCareOfDetail/PersonNm | 0 | Ok Ran Lee |
| IRS990/BooksInCareOfDetail/PhoneNum | 0 | 7702322717 |
| IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | 1724 Atkinson Road |
| IRS990/BooksInCareOfDetail/USAddress/CityNm | 0 | Lawrenceville |
| IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | GA |
| IRS990/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 30043 |
| IRS990/BusinessRlnWith35CtrlEntInd | 0 | false |
| IRS990/BusinessRlnWithFamMemInd | 0 | false |
| IRS990/BusinessRlnWithOrgMemInd | 0 | false |
| IRS990/CashNonInterestBearingGrp/BOYAmt | 0 | 1016854 |
| IRS990/CashNonInterestBearingGrp/EOYAmt | 0 | 1472935 |
| IRS990/ChangeToOrgDocumentsInd | 0 | false |
| IRS990/CollectionsOfArtInd | 0 | false |
| IRS990/CompCurrentOfcrDirectorsGrp/ManagementAndGeneralAmt | 0 | 57250 |
| IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt | 0 | 57250 |
| IRS990/CompDisqualPersonsGrp/TotalAmt | 0 | 0 |
| IRS990/CompensationFromOtherSrcsInd | 0 | false |
| IRS990/CompensationProcessCEOInd | 0 | true |
| IRS990/CompensationProcessOtherInd | 0 | true |
| IRS990/ConferencesMeetingsGrp/TotalAmt | 0 | 0 |
| IRS990/ConflictOfInterestPolicyInd | 0 | true |
| IRS990/ConservationEasementsInd | 0 | false |
| IRS990/ConsolidatedAuditFinclStmtInd | 0 | false |
| IRS990/CreditCounselingInd | 0 | false |
| IRS990/CYBenefitsPaidToMembersAmt | 0 | 0 |
| IRS990/CYContributionsGrantsAmt | 0 | 27726 |
| IRS990/CYGrantsAndSimilarPaidAmt | 0 | 1050 |
| IRS990/CYInvestmentIncomeAmt | 0 | 0 |
| IRS990/CYOtherExpensesAmt | 0 | 711899 |
| IRS990/CYOtherRevenueAmt | 0 | 0 |
| IRS990/CYProgramServiceRevenueAmt | 0 | 1461007 |
| IRS990/CYRevenuesLessExpensesAmt | 0 | 718534 |
| IRS990/CYSalariesCompEmpBnftPaidAmt | 0 | 57250 |
| IRS990/CYTotalExpensesAmt | 0 | 770199 |
| IRS990/CYTotalFundraisingExpenseAmt | 0 | 0 |
| IRS990/CYTotalProfFndrsngExpnsAmt | 0 | 0 |
| IRS990/CYTotalRevenueAmt | 0 | 1488733 |
| IRS990/DecisionsSubjectToApprovaInd | 0 | false |
| IRS990/DeductibleArtContributionInd | 0 | false |
| IRS990/DeductibleNonCashContriInd | 0 | false |
| IRS990/DeferredRevenueGrp/BOYAmt | 0 | 869381 |
| IRS990/DeferredRevenueGrp/EOYAmt | 0 | 724878 |
| IRS990/DelegationOfMgmtDutiesInd | 0 | true |
| IRS990/DepreciationDepletionGrp/TotalAmt | 0 | 0 |
| IRS990/Desc | 0 | A Christian institution committed to excellence in theological education based in the Reformed Christian tradition, and a competitive business school, dedicated to preparing our students to the challenges of the marketplace. |
| IRS990/DescribedInSection501c3Ind | 0 | true |
| IRS990/DisregardedEntityInd | 0 | false |
| IRS990/DocumentRetentionPolicyInd | 0 | true |
| IRS990/DonorAdvisedFundInd | 0 | false |
| IRS990/DonorRstrOrQuasiEndowmentsInd | 0 | false |
| IRS990/ElectionOfBoardMembersInd | 0 | false |
| IRS990/EmployeeCnt | 0 | 25 |
| IRS990/EmploymentTaxReturnsFiledInd | 0 | true |
| IRS990/EngagedInExcessBenefitTransInd | 0 | false |
| IRS990/ExpenseAmt | 0 | 643635 |
| IRS990/FamilyOrBusinessRlnInd | 0 | false |
| IRS990/FederalGrantAuditPerformedInd | 0 | true |
| IRS990/FederalGrantAuditRequiredInd | 0 | true |
| IRS990/FeesForServicesAccountingGrp/TotalAmt | 0 | 0 |
| IRS990/FeesForServicesLegalGrp/TotalAmt | 0 | 0 |
| IRS990/FeesForServicesLobbyingGrp/TotalAmt | 0 | 0 |
| IRS990/FeesForServicesManagementGrp/TotalAmt | 0 | 0 |
| IRS990/FeesForServicesOtherGrp/TotalAmt | 0 | 0 |
| IRS990/FeesForSrvcInvstMgmntFeesGrp/TotalAmt | 0 | 0 |
| IRS990/ForeignActivitiesInd | 0 | false |
| IRS990/ForeignFinancialAccountInd | 0 | false |
| IRS990/ForeignGrantsGrp/TotalAmt | 0 | 0 |
| IRS990/ForeignOfficeInd | 0 | false |
| IRS990/Form8282PropertyDisposedOfInd | 0 | false |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt | 0 | 001.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt | 1 | 001.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt | 2 | 001.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt | 3 | 001.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt | 4 | 001.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt | 5 | 001.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt | 6 | 001.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt | 7 | 001.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 0 | 040.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 1 | 040.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 2 | 001.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 3 | 001.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 4 | 001.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 5 | 001.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 6 | 001.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 7 | 040.00 |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 0 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 1 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 2 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 3 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 4 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 0 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 1 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 2 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 3 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 4 | X |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 4 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 5 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 6 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 7 | 0 |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 0 | Dr Jin O Jeong |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 1 | Ronnie Franklin Colbert |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 2 | Pyeong Rack Jeong |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 3 | Dennis Duane Didion |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 4 | Dong Soon Park |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 5 | Seok Won Sohn |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 6 | Moon Sook Kim |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 7 | Dr Jae Sig Park |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 0 | 40750 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 1 | 16500 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 4 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 5 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 6 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 7 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 4 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 5 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 6 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 7 | 0 |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 0 | Vice President |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 1 | CFO |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 2 | Chair |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 3 | Vice Chair |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 4 | Trustee |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 5 | Trustee |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 6 | Trustee |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 7 | President |
| IRS990/Form990ProvidedToGvrnBodyInd | 0 | true |
| IRS990/FormationYr | 0 | 2012 |
| IRS990/FormerOfcrEmployeesListedInd | 0 | false |
| IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd | 0 | X |
| IRS990/FSAuditedInd | 0 | true |
| IRS990/FundraisingActivitiesInd | 0 | false |
| IRS990/GamingActivitiesInd | 0 | false |
| IRS990/GoverningBodyVotingMembersCnt | 0 | 5 |
| IRS990/GovernmentGrantsAmt | 0 | 27726 |
| IRS990/GrantAmt | 0 | 1050 |
| IRS990/GrantsToDomesticIndividualsGrp/ProgramServicesAmt | 0 | 1050 |
| IRS990/GrantsToDomesticIndividualsGrp/TotalAmt | 0 | 1050 |
| IRS990/GrantsToDomesticOrgsGrp/TotalAmt | 0 | 0 |
| IRS990/GrantsToIndividualsInd | 0 | true |
| IRS990/GrantsToOrganizationsInd | 0 | false |
| IRS990/GrantToRelatedPersonInd | 0 | false |
| IRS990/GrossReceiptsAmt | 0 | 1488733 |
| IRS990/GroupReturnForAffiliatesInd | 0 | false |
| IRS990/IncludeFIN48FootnoteInd | 0 | true |
| IRS990/IndependentAuditFinclStmtInd | 0 | true |
| IRS990/IndependentVotingMemberCnt | 0 | 5 |
| IRS990/IndoorTanningServicesInd | 0 | false |
| IRS990/InfoInScheduleOPartIIIInd | 0 | X |
| IRS990/InfoInScheduleOPartIXInd | 0 | X |
| IRS990/InfoInScheduleOPartVIIIInd | 0 | X |
| IRS990/InfoInScheduleOPartVIInd | 0 | X |
| IRS990/InfoInScheduleOPartVInd | 0 | X |
| IRS990/InfoInScheduleOPartXIIInd | 0 | X |
| IRS990/InfoInScheduleOPartXIInd | 0 | X |
| IRS990/InfoInScheduleOPartXInd | 0 | X |
| IRS990/InformationTechnologyGrp/TotalAmt | 0 | 0 |
| IRS990/InsuranceGrp/TotalAmt | 0 | 0 |
| IRS990/InterestGrp/TotalAmt | 0 | 0 |
| IRS990/InvestmentInJointVentureInd | 0 | false |
| IRS990/IRPDocumentCnt | 0 | 37 |
| IRS990/IRPDocumentW2GCnt | 0 | 0 |
| IRS990/LandBldgEquipAccumDeprecAmt | 0 | 209771 |
| IRS990/LandBldgEquipBasisNetGrp/BOYAmt | 0 | 715744 |
| IRS990/LandBldgEquipBasisNetGrp/EOYAmt | 0 | 707636 |
| IRS990/LandBldgEquipCostOrOtherBssAmt | 0 | 917407 |
| IRS990/LegalDomicileStateCd | 0 | GA |
| IRS990/LoanOutstandingInd | 0 | false |
| IRS990/LobbyingActivitiesInd | 0 | false |
| IRS990/LocalChaptersInd | 0 | true |
| IRS990/MaterialDiversionOrMisuseInd | 0 | false |
| IRS990/MembersOrStockholdersInd | 0 | false |
| IRS990/MethodOfAccountingAccrualInd | 0 | X |
| IRS990/MinutesOfCommitteesInd | 0 | true |
| IRS990/MinutesOfGoverningBodyInd | 0 | true |
| IRS990/MissionDesc | 0 | Provide education in theology, divinity, religious education, ministerial training, business and organizational leadership. |
| IRS990/MoreThan5000KToIndividualsInd | 0 | false |
| IRS990/MoreThan5000KToOrgInd | 0 | false |
| IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt | 0 | 330033 |
| IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt | 0 | 333586 |
| IRS990/NetAssetsOrFundBalancesBOYAmt | 0 | 652138 |
| IRS990/NetAssetsOrFundBalancesEOYAmt | 0 | 1370672 |
| IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt | 0 | 652138 |
| IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt | 0 | 1370672 |
| IRS990/NondeductibleContributionsInd | 0 | false |
| IRS990/OccupancyGrp/TotalAmt | 0 | 0 |
| IRS990/OfficeExpensesGrp/TotalAmt | 0 | 0 |
| IRS990/OfficerMailingAddressInd | 0 | false |
| IRS990/OperateHospitalInd | 0 | false |
| IRS990/Organization501c3Ind | 0 | X |
| IRS990/OrganizationFollowsFASB117Ind | 0 | X |
| IRS990/OtherEmployeeBenefitsGrp/TotalAmt | 0 | 0 |
| IRS990/OtherExpensesGrp/Desc | 0 | Instruction |
| IRS990/OtherExpensesGrp/Desc | 1 | Academic Support |
| IRS990/OtherExpensesGrp/Desc | 2 | Student Services |
| IRS990/OtherExpensesGrp/Desc | 3 | Institutional Support |
| IRS990/OtherExpensesGrp/ManagementAndGeneralAmt | 0 | 69314 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 0 | 605140 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 1 | 30890 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 2 | 6555 |
| IRS990/OtherExpensesGrp/TotalAmt | 0 | 605140 |
| IRS990/OtherExpensesGrp/TotalAmt | 1 | 30890 |
| IRS990/OtherExpensesGrp/TotalAmt | 2 | 6555 |
| IRS990/OtherExpensesGrp/TotalAmt | 3 | 69314 |
| IRS990/OtherSalariesAndWagesGrp/TotalAmt | 0 | 0 |
| IRS990/OthNotesLoansReceivableNetGrp/BOYAmt | 0 | 298000 |
| IRS990/OthNotesLoansReceivableNetGrp/EOYAmt | 0 | 400000 |
| IRS990/PartialLiquidationInd | 0 | false |
| IRS990/PaymentsToAffiliatesGrp/TotalAmt | 0 | 0 |
| IRS990/PayPremiumsPrsnlBnftCntrctInd | 0 | false |
| IRS990/PayrollTaxesGrp/TotalAmt | 0 | 0 |
| IRS990/PensionPlanContributionsGrp/TotalAmt | 0 | 0 |
| IRS990/PoliciesReferenceChaptersInd | 0 | true |
| IRS990/PoliticalCampaignActyInd | 0 | false |
| IRS990/PrincipalOfficerNm | 0 | Dr Jin O Jeong |
| IRS990/ProfessionalFundraisingInd | 0 | false |
| IRS990/ProgramServiceRevenueGrp/BusinessCd | 0 | 611420 |
| IRS990/ProgramServiceRevenueGrp/Desc | 0 | Tuition and fees |
| IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt | 0 | 1461007 |
| IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt | 0 | 1461007 |
| IRS990/ProhibitedTaxShelterTransInd | 0 | false |
| IRS990/PYContributionsGrantsAmt | 0 | 116781 |
| IRS990/PYExcessBenefitTransInd | 0 | false |
| IRS990/PYGrantsAndSimilarPaidAmt | 0 | 18400 |
| IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt | 0 | 0 |
| IRS990/PYOtherExpensesAmt | 0 | 971349 |
| IRS990/PYOtherRevenueAmt | 0 | 9577 |
| IRS990/PYProgramServiceRevenueAmt | 0 | 1275170 |
| IRS990/PYRevenuesLessExpensesAmt | 0 | 411779 |
| IRS990/PYTotalExpensesAmt | 0 | 989749 |
| IRS990/PYTotalRevenueAmt | 0 | 1401528 |
| IRS990/QuidProQuoContributionsInd | 0 | false |
| IRS990/RcvFndsToPayPrsnlBnftCntrctInd | 0 | false |
| IRS990/ReconcilationRevenueExpnssAmt | 0 | 718534 |
| IRS990/RegularMonitoringEnfrcInd | 0 | true |
| IRS990/RelatedEntityInd | 0 | false |
| IRS990/RelatedOrganizationCtrlEntInd | 0 | false |
| IRS990/ReportInvestmentsOtherSecInd | 0 | false |
| IRS990/ReportLandBuildingEquipmentInd | 0 | true |
| IRS990/ReportOtherAssetsInd | 0 | false |
| IRS990/ReportOtherLiabilitiesInd | 0 | true |
| IRS990/ReportProgramRelatedInvstInd | 0 | false |
| IRS990/RevenueAmt | 0 | 1461007 |
| IRS990/RoyaltiesGrp/TotalAmt | 0 | 0 |
| IRS990ScheduleA/SchoolInd | 0 | X |
| IRS990/ScheduleBRequiredInd | 0 | false |
| IRS990ScheduleD/BuildingsGrp/BookValueAmt | 0 | 365166 |
| IRS990ScheduleD/BuildingsGrp/DepreciationAmt | 0 | 96594 |
| IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt | 0 | 461760 |
| IRS990ScheduleD/EquipmentGrp/BookValueAmt | 0 | 10608 |
| IRS990ScheduleD/EquipmentGrp/DepreciationAmt | 0 | 66499 |
| IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt | 0 | 77107 |
| IRS990ScheduleD/ExpensesSubtotalAmt | 0 | 770199 |
| IRS990ScheduleD/FootnoteTextInd | 0 | X |
| IRS990ScheduleD/InclEscrowCustodialAcctLiabInd | 0 | false |
| IRS990ScheduleD/LandGrp/BookValueAmt | 0 | 259740 |
| IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt | 0 | 259740 |
| IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt | 0 | 72122 |
| IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt | 0 | 10878 |
| IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt | 0 | 83000 |
| IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt | 0 | 35800 |
| IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt | 0 | 35800 |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc | 0 | Federal income taxes |
| IRS990ScheduleD/OtherSecuritiesGrp/Desc | 0 | Financial derivatives and other financial products |
| IRS990ScheduleD/OtherSecuritiesGrp/Desc | 1 | Closely-held equity interests |
| IRS990ScheduleD/RevenueSubtotalAmt | 0 | 1488733 |
| IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt | 0 | The University qualifies for the charitable contribution deduction under Section 170b1A and has been classified as an organization other than a private foundation under Section 509a2. Accounting principles generally accepted in the United States of America require the Universitys management to evaluate tax positions taken by the University and to recognize a liability or asset if the University has taken an uncertain tax position that will more-likely-than-not be sustained upon examination by taxing authorities. Management has analyzed the tax position taken by the University for the year ended December 31, 2020 and believes there are no such positions as of December 31, 2021. Accordingly, no asset or liability has been accrued. |
| IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | X 2 |
| IRS990ScheduleD/TotalBookValueLandBuildingsAmt | 0 | 707636 |
| IRS990ScheduleD/TotalExpensesPerForm990Amt | 0 | 770199 |
| IRS990ScheduleD/TotalRevenuePerForm990Amt | 0 | 1488733 |
| IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt | 0 | 1488733 |
| IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt | 0 | 770199 |
| IRS990ScheduleE/ComplianceWithRevProc7550Ind | 0 | true |
| IRS990ScheduleE/DiscriminateRaceAdmissPlcyInd | 0 | false |
| IRS990ScheduleE/DiscriminateRaceAthltProgInd | 0 | false |
| IRS990ScheduleE/DiscriminateRaceEducPlcyInd | 0 | false |
| IRS990ScheduleE/DiscriminateRaceEmplmFcultyInd | 0 | false |
| IRS990ScheduleE/DiscriminateRaceOtherActyInd | 0 | false |
| IRS990ScheduleE/DiscriminateRaceSchsInd | 0 | false |
| IRS990ScheduleE/DiscriminateRaceStdntsRghtsInd | 0 | false |
| IRS990ScheduleE/DiscriminateRaceUseOfFcltsInd | 0 | false |
| IRS990ScheduleE/GovernmentFinancialAidRcvdInd | 0 | true |
| IRS990ScheduleE/GovernmentFinancialAidRvkdInd | 0 | true |
| IRS990ScheduleE/MaintainCpyOfAllSolInd | 0 | true |
| IRS990ScheduleE/MaintainCpyOfBrochuresEtcInd | 0 | true |
| IRS990ScheduleE/MaintainRacialCompRecsInd | 0 | true |
| IRS990ScheduleE/MaintainScholarshipsRecsInd | 0 | true |
| IRS990ScheduleE/NondiscriminatoryPolicyStmtInd | 0 | true |
| IRS990ScheduleE/PlcyPblczdViaBroadcastMediaInd | 0 | true |
| IRS990ScheduleE/PolicyStmtInBrochuresEtcInd | 0 | true |
| IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt | 0 | The University offers scholarships and student financial aid to assist with meeting the students financial obligations. The Financial Aid Office has the necessary policies and procedures to ensure that the University adheres to and complies with federal regulations regarding eligibility for student financial aid. Requirements for receiving scholarships depend upon other factors, such as grade point average, family income or economic need. |
| IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt | 1 | The University has not complied with certain administrative requirements for participation in the Title IV programs and the request for funds has been restricted. Accordingly, the University is not allowed to receive any Title IV funds from the U.S. Department.of Education. |
| IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | 6a |
| IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | 6b |
| IRS990ScheduleI/GrantRecordsMaintainedInd | 0 | true |
| IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt | 0 | 1050 |
| IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt | 0 | Privately Student Scholarships |
| IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt | 0 | 4 |
| IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt | 0 | All scholarships are awarded based upon specific criteria maintained by the financial aid office. Requirements for receiving scholarships depend upon other factors, such as grade point average, family income or economic need. The Universitys financial aid staff monitors the eligibility guidelines to ensure compliance. The University also undergoes the required Uniform Guidance audit annually. |
| IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | Part III Line 1 |
| IRS990/ScheduleJRequiredInd | 0 | false |
| IRS990/ScheduleORequiredInd | 0 | true |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | The Form 990 is reviewed by the President. Upon completion of the Presidents review, the return is submitted to the Board of Trustees for their approval. The Board of Trustees directs any recommended revisions to the President and Chief Financial Officer for consideration. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | Board members shall disclose to the Board any possible conflict of interest at the earliest practical time. A Board member shall not vote on any matter, under consideration at a Board or committee meeting, in which the member has a conflict of interest. The minutes of such meeting shall reflect that a disclosure was made and that the member having a conflict of interest abstained from voting. Any Board member who is uncertain whether a conflict of interest may exist in any matter may request the Board or committee to resolve the question by a majority vote. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | The compensation for the University President is determined and approved by the Board. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | The compensation for the officers and key employees is determined and approved by the President. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 4 | The University makes its governing documents, conflict of interest policy and financial statements available to the public upon request. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 5 | Since the Universitys financial statement audit was finalized subsequent to the filing of the 2021 Form 990, an amendment of the Form 990 is required. Program revenue and expense amounts have been updated. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 6 | Updated per the amendment noting separate independent audited financial statements have been obtained and the referenced footnote disclosure was included. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 7 | Updated per the amendment noting separate independent audited financial statements have been obtained. Therefore, Schedule D, Parts XI and XII have been completed. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 8 | Revenue has been updated per the amendment. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 9 | Functional expenses have been updated per the amendment. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 10 | Balance sheet amounts, including assets, liabilities and net assets, have been updated per the amendment. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 11 | Reconcilation of net assets has been updated per the amendment therefore, associated disclosed amounts in Schedule D have been amended. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 12 | Per the amendment, the University s financial statements have been audited on a separate basis. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 13 | The Universitys 2020 financial statement audit was finalized subsequent to the filing of the 2021 Form 990 requiring an amendment of the 2020 Form 990 therefore, prior year revenue, expenses, assets, liabilities and net assets have been updated per that 2020 amended return. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 14 | Updated per the amendment as the University did not have interest in or signature or authority over a financial account in a foreign country. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 15 | Updated per the amendment as the University did not delegate control over management duties to a management company or other person. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 16 | Updated per the amendment as the University did not have local branches, chapters or affiliates. |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | Form 990, Part VI, Section B, Line 11b |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | Form 990, Part VI, Section B, Line 12c |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | Form 990, Part VI, Section B, Line 15a |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | Form 990, Part VI, Section B, Line 15a |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 4 | Form 990, Part VI, Section C, Line 19 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 5 | Form 990, Part III, Line 4a |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 6 | Form 990, Part IV, Line 11f |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 7 | Form 990, Part IV, Line 12a |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 8 | Form 990, Part VIII, Line 12 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 9 | Form 990, Part IX, Line 25 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 10 | Form 990, Part X, Line 16, 33 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 11 | Form 990, Part XI, Line 10 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 12 | Form 990, Part XII, Line 2b |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 13 | Form 990, Part I, Line 8 - 22 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 14 | Form 990, Part V, Line 4a |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 15 | Form 990, Part VI, Section A, Line 3 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 16 | Form 990, Part VI, Section B, Line 10a |
| IRS990/SchoolOperatingInd | 0 | true |
| IRS990/SignificantChangeInd | 0 | false |
| IRS990/SignificantNewProgramSrvcInd | 0 | false |
| IRS990/StatesWhereCopyOfReturnIsFldCd | 0 | GA |
| IRS990/SubjectToExcsTaxNetInvstIncInd | 0 | false |
| IRS990/SubjectToProxyTaxInd | 0 | false |
| IRS990/SubjToTaxRmnrtnExPrchtPymtInd | 0 | false |
| IRS990/TaxablePartyNotificationInd | 0 | false |
| IRS990/TaxExemptBondsInd | 0 | false |
| IRS990/TerminateOperationsInd | 0 | false |
| IRS990/TotalAssetsBOYAmt | 0 | 2060699 |
| IRS990/TotalAssetsEOYAmt | 0 | 2644823 |
| IRS990/TotalAssetsGrp/BOYAmt | 0 | 2060699 |
| IRS990/TotalAssetsGrp/EOYAmt | 0 | 2644823 |
| IRS990/TotalCompGreaterThan150KInd | 0 | false |
| IRS990/TotalContributionsAmt | 0 | 27726 |
| IRS990/TotalEmployeeCnt | 0 | 25 |
| IRS990/TotalFunctionalExpensesGrp/FundraisingAmt | 0 | 0 |
| IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt | 0 | 126564 |
| IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt | 0 | 643635 |
| IRS990/TotalFunctionalExpensesGrp/TotalAmt | 0 | 770199 |
| IRS990/TotalGrossUBIAmt | 0 | 0 |
| IRS990/TotalLiabilitiesBOYAmt | 0 | 1408561 |
| IRS990/TotalLiabilitiesEOYAmt | 0 | 1274151 |
| IRS990/TotalLiabilitiesGrp/BOYAmt | 0 | 1408561 |
| IRS990/TotalLiabilitiesGrp/EOYAmt | 0 | 1274151 |
| IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt | 0 | 652138 |
| IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt | 0 | 1370672 |
| IRS990/TotalProgramServiceExpensesAmt | 0 | 643635 |
| IRS990/TotalProgramServiceRevenueAmt | 0 | 1461007 |
| IRS990/TotalReportableCompFromOrgAmt | 0 | 57250 |
| IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt | 0 | 1461007 |
| IRS990/TotalRevenueGrp/TotalRevenueColumnAmt | 0 | 1488733 |
| IRS990/TotalVolunteersCnt | 0 | 3 |
| IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt | 0 | 2060699 |
| IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt | 0 | 2644823 |
| IRS990/TravelGrp/TotalAmt | 0 | 0 |
| IRS990/TrnsfrExmptNonChrtblRltdOrgInd | 0 | false |
| IRS990/TypeOfOrganizationCorpInd | 0 | X |
| IRS990/UnrelatedBusIncmOverLimitInd | 0 | false |
| IRS990/UnsecuredNotesLoansPayableGrp/BOYAmt | 0 | 150000 |
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Displayed year
2021 • Form 990Detailed filing. Detailed filing data is available for this year.