Civic Intelligence

The Word Forum Inc.

990 • Fiscal year 2019 • EIN 22-3777790

Jan 01, 2019 to Dec 31, 2019 • Filed on May 11, 2022

2875 Route 35 Suite 6S 4AKatonah, NY 10536

(201) 541-9060

Siviq Scores

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

Liabilities / Assets

59th percentile

0.05x

Higher debt load relative to assets than 59% of similar nonprofits.

2019 filings • NTEE X • $500k-$1M nonprofits • Source year 2019

Liabilities / Revenue

55th percentile

0.03x

Higher debt load relative to revenue than 55% of similar nonprofits.

2019 filings • NTEE X • $500k-$1M nonprofits • Source year 2019

Net Margin

47th percentile

5.2%

Higher net margin than 47% of similar nonprofits.

2019 filings • NTEE X • $500k-$1M nonprofits • Source year 2019

Top Officer Pay

56th percentile

$0

Higher top officer pay than 56% of similar nonprofits.

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

2019 filings • NTEE X • $500k-$1M nonprofits • Source year 2019

Asset Growth

91st percentile

104%

Faster asset growth than 91% of similar nonprofits.

2019 filings • NTEE X • $500k-$1M nonprofits • Annualized from 2018 to 2019

Revenue Growth

84th percentile

47%

Faster revenue growth than 84% of similar nonprofits.

2019 filings • NTEE X • $500k-$1M nonprofits • Annualized from 2018 to 2019

Assets

Up

$449,358

Up $228,948 (+104%) from 2018

Net Assets

Up

$426,030

Up $208,442 (+96%) from 2018

Liabilities

Up

$23,328

Up $20,506 (+727%) from 2018

Revenue

Up

$852,021

Up $274,297 (+47%) from 2018

Expenses

Up

$807,359

Up $230,007 (+40%) from 2018

Net Income

Up

$44,662

Up $44,290 (+11906%) from 2018

Historical Trend

Balance Sheet Trend

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

$800K$600K$400K$200K$0Assets 2010: $218,127Liabilities 2010: $27,198Net Assets 2010: $190,9292010Assets 2011: $208,383Liabilities 2011: $29,657Net Assets 2011: $178,7262011Assets 2012: $176,170Liabilities 2012: $43,707Net Assets 2012: $132,4632012Assets 2013: $183,625Liabilities 2013: $54,780Net Assets 2013: $128,8452013Assets 2014: $156,068Liabilities 2014: $55,017Net Assets 2014: $101,0512014Assets 2015: $151,557Liabilities 2015: $3,552Net Assets 2015: $148,0052015Assets 2016: $146,343Liabilities 2016: $3,504Net Assets 2016: $142,8392016Assets 2017: $217,216Liabilities 2017: $0Net Assets 2017: $217,2162017Assets 2018: $220,410Liabilities 2018: $2,822Net Assets 2018: $217,5882018Assets 2019: $449,358Liabilities 2019: $23,328Net Assets 2019: $426,0302019Assets 2020: $558,116Liabilities 2020: $7,728Net Assets 2020: $550,3882020Assets 2021: $684,962Liabilities 2021: $16,727Net Assets 2021: $668,2352021Assets 2022: $525,474Liabilities 2022: $10,413Net Assets 2022: $515,0612022Assets 2023: $520,937Liabilities 2023: $12,932Net Assets 2023: $508,0052023

Highlighted filing

2019

Assets$449,358
Liabilities$23,328
Net Assets$426,030

Operations Trend

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

$2.0M$1.5M$1.0M$500K$0-$500KExpenses 2010: $496,1312010Revenue 2011: $455,326Expenses 2011: $467,529Net Income 2011: -$12,2032011Revenue 2012: $323,532Expenses 2012: $369,795Net Income 2012: -$46,2632012Revenue 2013: $363,328Expenses 2013: $366,946Net Income 2013: -$3,6182013Revenue 2014: $325,815Expenses 2014: $353,609Net Income 2014: -$27,7942014Revenue 2015: $406,652Expenses 2015: $359,698Net Income 2015: $46,9542015Revenue 2016: $379,982Expenses 2016: $385,148Net Income 2016: -$5,1662016Revenue 2017: $642,972Expenses 2017: $568,595Net Income 2017: $74,3772017Revenue 2018: $577,724Expenses 2018: $577,352Net Income 2018: $3722018Revenue 2019: $852,021Expenses 2019: $807,359Net Income 2019: $44,6622019Revenue 2020: $1,204,558Expenses 2020: $1,122,392Net Income 2020: $82,1662020Revenue 2021: $1,363,475Expenses 2021: $1,237,016Net Income 2021: $126,4592021Revenue 2022: $1,366,303Expenses 2022: $1,525,291Net Income 2022: -$158,9882022Revenue 2023: $1,615,120Expenses 2023: $1,586,868Net Income 2023: $28,2522023

Highlighted filing

2019

Revenue$852,021
Expenses$807,359
Net Income$44,662
Jump To
Filing Snapshot
Filing Period
Jan 1, 2019 to Dec 31, 2019
Signed
May 11, 2022
Return Version
2019v5.1
Gross Receipts
$852,021
Mission and Program Overview

Mission

For the purpose of serving as a non-denominational academic center focused on interpreting the teachings, wisdom and truth contained in the Bible and its activities but limited to:

Researching, analyzing and further developing biblical doctrine through an interdisciplimary approach to guide the teachings of worldwide members

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$217,588$426,030▲ $208,442
Land, Buildings, and Equipment, Net$24,444$270,881▲ $246,437
Other Notes and Loans Receivable, Net-$67,564-
Inventories for Sale or Use$49,720$60,512▲ $10,792
Cash and Non-Interest-Bearing Accounts$35,030$49,832▲ $14,802
Accounts Receivable$32,652$569▼ $32,083
Total Assets$220,410$449,358▲ $228,948
Other Assets Total$78,564--
Liabilities
Unsecured Notes Loans Payable-$12,948-
Other Liabilities-$10,380-
Accounts Payable and Accrued Expenses$2,822--
Total Liabilities$2,822$23,328▲ $20,506
Net Assets / Fund Balance
Total Net Assets Fund Balance$217,588$426,030▲ $208,442
Total Liabilities and Net Assets / Fund Balance$220,410$449,358▲ $228,948

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$11,846$196,954$208,800
Compensation and Service Providers

Board Members and Trustees

NameTitle
Sang Kuk LeePresident
Revenue and Support

Revenue Composition

Contributions and Grants
$744,978
Program Service Revenue
$0
Investment Income
$5
Other Revenue
$107,038
All Other Contributions
$551,840
Change in Net Assets
$44,662
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$432,981
Other Expenses$374,378
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages-$401,224-$401,224
Insurance$83,375--$83,375
Payroll Taxes-$31,757-$31,757
Travel$26,181--$26,181
Other Expenses---$16,789
All Other Expenses---$16,597
Fees for Services Legal-$15,631-$15,631
Depreciation Depletion---$7,373
Office Expenses$6,471--$6,471
Conferences and Meetings$5,770--$5,770
Total Functional Expenses$121,797$448,612$0$807,359
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
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

990, Part VI, Line 11B

available upon request

990, Part VI, Line 15

agreed to by all parties involved

990, Part VI, Line 19

select information available upon request

Filing and Contact Details

Filer

Filer Name
The Word Forum
EIN
22-3777790
Address
2875 ROUTE 35 SUITE 6S 4A, KATONAH, NY 10536

Signing Officer

Name
Sang Kuk Lee
Title
President
Phone
2015419060
Signed
2022-05-11

Organization Details

Principal Officer
Sang Kuk Lee
Formed
2001
Legal Domicile
Ny
Voting Board Members
0
Independent Board Members
0
Employees
0

Preparer

Firm
Rg Brenner Income Tax Consultants
Address
111 E MERRICK RD, VALLEY STREAM, NY 11580
Preparer
Kimberly Leed
Phone
7186310437
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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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Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2023Summary only. Only limited summary data is available for this year.$0.52$0.01$0.51$1.62$1.59$0.03
2022Summary only. Only limited summary data is available for this year.$0.53$0.01$0.52$1.37$1.53$0.16
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.68$0.02$0.67$1.36$1.24$0.13
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.56$0.01$0.55$1.20$1.12$0.08
2019Detailed filing. Detailed filing data is available for this year.$0.45$0.02$0.43$0.85$0.81$0.04
2018Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.22$0.00$0.22$0.58$0.58$0.00
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.22$0.00$0.22$0.64$0.57$0.07
2016Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.15$0.00$0.14$0.38$0.39$0.01
2015XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.15$0.00$0.15$0.41$0.36$0.05
2014Detailed filing. Detailed filing data is available for this year.$0.16$0.06$0.10$0.33$0.35$0.03
2013Detailed filing. Detailed filing data is available for this year.$0.18$0.05$0.13$0.36$0.37$0.00
2012Summary only. Only limited summary data is available for this year.$0.18$0.04$0.13$0.32$0.37$0.05
2011Summary only. Only limited summary data is available for this year.$0.21$0.03$0.18$0.46$0.47$0.01
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.22$0.03$0.19$0.50