Civic Intelligence

Korean Language Foundation Inc

EIN 26-1446135 • 501(c)3 • New York, NY

Profile

Promoting the adoption of korean language as an official foreign language in the public schools and educational advancement of korean culture and language for the students in nation wide.

5900 Arlington Ave 16JNew York, NY 10471

n/A

Siviq Scores

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

Liabilities / Assets

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on the latest valid filing.

Source year 2025

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on the latest valid filing.

Source year 2025

Net Margin

46th percentile

7.6%

Higher net margin than 46% of similar nonprofits.

NTEE B82 • <$500k nonprofits • Source year 2025

Top Officer Pay

95th percentile

$0

Higher top officer pay than 95% of similar nonprofits.

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

NTEE B82 • <$500k nonprofits • Source year 2025

Asset Growth

62nd percentile

7.8%

Faster asset growth than 62% of similar nonprofits.

NTEE B82 • <$500k nonprofits • Annualized from 2024 to 2025

Revenue Growth

67th percentile

25%

Faster revenue growth than 67% of similar nonprofits.

NTEE B82 • <$500k nonprofits • Annualized from 2024 to 2025

Assets

Up

$117,344

Up $5,387 (+4.8%) from 2023

Liabilities

-

No earlier filing loaded for comparison.

Net Assets

Up

$117,344

Up $5,387 (+4.8%) from 2023

Revenue

Up

$96,750

Up $35,200 (+57%) from 2023

Expenses

Up

$91,363

Up $67,266 (+279%) from 2023

Net Income

Down

$5,387

Down $32,066 (-86%) from 2023

Trend Graphs

Balance Sheet Trend

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

$150K$100K$50K$0Assets 2011: $30,465Liabilities 2011: $6,000Net Assets 2011: $24,4652011Assets 2012: $7,678Liabilities 2012: $6,000Net Assets 2012: $1,6782012Assets 2013: $7,868Liabilities 2013: $6,000Net Assets 2013: $1,8682013Assets 2014: $44,892Net Assets 2014: $44,8922014Assets 2015: $59,117Net Assets 2015: $59,1172015Assets 2017: $49,761Net Assets 2017: $49,7612017Assets 2018: $133,852Liabilities 2018: $0Net Assets 2018: $133,8522018Assets 2019: $73,442Net Assets 2019: $73,4422019Assets 2020: $56,289Net Assets 2020: $56,2892020Assets 2021: $61,755Net Assets 2021: $61,7552021Assets 2022: $74,504Net Assets 2022: $74,5042022Assets 2023: $111,957Net Assets 2023: $111,9572023Assets 2024: $117,344Net Assets 2024: $117,3442024

Highlighted filing

2024

Assets$117,344
Liabilities-
Net Assets$117,344

Operations Trend

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

$400K$200K$0-$200KRevenue 2011: $4,000Expenses 2011: $8,447Net Income 2011: -$4,4472011Revenue 2012: $51,110Expenses 2012: $73,897Net Income 2012: -$22,7872012Revenue 2013: $60,268Expenses 2013: $60,077Net Income 2013: $1912013Revenue 2014: $74,588Expenses 2014: $31,564Net Income 2014: $43,0242014Revenue 2015: $42,075Expenses 2015: $27,851Net Income 2015: $14,2242015Revenue 2017: $70,800Expenses 2017: $47,078Net Income 2017: $23,7222017Revenue 2018: $348,941Expenses 2018: $264,850Net Income 2018: $84,0912018Revenue 2019: $133,412Expenses 2019: $193,822Net Income 2019: -$60,4102019Revenue 2020: $70,981Expenses 2020: $88,133Net Income 2020: -$17,1522020Revenue 2021: $39,930Expenses 2021: $34,465Net Income 2021: $5,4652021Revenue 2022: $54,573Expenses 2022: $41,823Net Income 2022: $12,7502022Revenue 2023: $61,550Expenses 2023: $24,097Net Income 2023: $37,4532023Revenue 2024: $96,750Expenses 2024: $91,363Net Income 2024: $5,3872024

Highlighted filing

2024

Revenue$96,750
Expenses$91,363
Net Income$5,387

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$1.17$1.17$0.97$0.91$0.05
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.12$1.12$0.62$0.24$0.37
2022Detailed filing. Detailed filing data is available for this year.$0.75$0.75$0.55$0.42$0.13
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.62$0.62$0.40$0.34$0.05
2020Detailed filing. Detailed filing data is available for this year.$0.56$0.56$0.71$0.88$0.17
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.73$0.73$1.33$1.94$0.60
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.34$0.00$1.34$3.49$2.65$0.84
2017Detailed filing. Detailed filing data is available for this year.$0.50$0.50$0.71$0.47$0.24
2015Detailed filing. Detailed filing data is available for this year.$0.59$0.59$0.42$0.28$0.14
2014Detailed filing. Detailed filing data is available for this year.$0.45$0.45$0.75$0.32$0.43
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.08$0.06$0.02$0.60$0.60$0.00
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.08$0.06$0.02$0.51$0.74$0.23
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.30$0.06$0.24$0.04$0.08$0.04
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2023 to Jun 30, 2024
Signed
May 1, 2024
Return Version
2023v6.0
Gross Receipts
$96,750
Mission and Program Overview

Mission

Promoting the adoption of korean language as an official foreign language in the public schools and educational advancement of korean culture and language for the students in nation wide.

Program Services

DescriptionGrantsExpenses
KOREA VISIT PROGRAM: OFFERS OPPORTUNITIES TO VISIT KOREA FOR PRINCIPALS IN PUBLIC MIDDLE AND HIGH SCHOOL WHERE THE SCHOOLS ARE CURRENTLY HAVING KOREAN LANGUAGE CLASSES OR PLANNING TO HAVE ONE IN THE SCHOOL TO GAIN AN UNDERSTANDING AND AN EXPERIENCE ABOUT ANCIENT AND KODERN KOREAN HISTORYM CULTURE, SOCIAL, ECONOMIC DEVELOPMENT OF THE KOREAN SOCIETY, AND KOREAN EDUCATION SYSTEM.-$40,000
KOREAN TEACHER LICENSE PROGRAM: TO SUPPORT STUDENTS TO GET THE KOREAN LANGUAGE TEACHER LICENSE FROM THE COLLEGE COURSE AS REQUESTED BY THE STATE REGULATIONS.-$13,000
RESEARCH AND STUDY KOREAN GRAMMAR AND DEVELOP AND NEW TEACHING TECHNIQUE FOR THE KOREAN LANGUAGE TACHERS.-$9,238
K-TEACHER PROMOTION: TO SHARE TEACHING SKILLS AND KNOWLEDGE AMONG TEACHERS. SPECIAL PROJECT-KOREAN CLASS: TO SUPPORT AFTER-SCHOOL KOREAN LANGUAGE CLASSES.-$4,232
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
YUNG DUK KIMChairman Of-$0--
SUN GUN LEEPresident-$0--
TAE MYUNG HONGVice Preside-$0--
MI-KYUNG CHOISecretary-$0--
Filing and Contact Details

Filer

Filer Name
Korean Language Foundation Inc
EIN
26-1446135
Address
5900 ARLINGTON AVE 16J, NEW YORK, NY 10471

Signing Officer

Name
Sun Gun Lee
Title
President
Signed
2024-05-01
Discuss with paid preparer
Yes

Preparer

Firm
Hana Cpas Llp
Address
173 ESSEX AVE STE 201, METUCHEN, NJ 08840
Preparer
Jung Kyu Park
Phone
7326038877
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 16

Expenses advertising 800 bank charge 40 donation 4,600 office expense 1,288 supply 271 supply 1,642 material & supply 508 web service 2,988 korea visit program 40,000 conferences and meetings 7,040 promotion & fund raising 1,800 korean alphabet day 50 k-teacher promotion 1,291 teacher licensing program 13,000 research & development 1,340 total 76,658

Form 990-ez, Part III

Promoting the adoption of korean language as an official foreign language in the public schools and educational advancement of korean culture and language for the students in nation wide.

Form 990-ez, Part III, Line 30

Korea visit program: offers opportunities to visit korea for principals in public middle and high school where the schools are currently having korean language classes or planning to have one in the school to gain an understanding and an experience about ancient and kodern korean historym culture, social, economic development of the korean society, and korean education system.

Form 990-ez, Part III, Line 31

K-teacher promotion: to share teaching skills and knowledge among teachers. Special project-korean class: to support after-school korean language classes.

Raw XML Appendix146 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
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IRS990EZ/FeesAndOtherPymtToIndCntrctAmt09610
IRS990EZ/FiledScheduleAInd0true
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IRS990EZ/InfoInScheduleOPartIIIInd0X
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IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingAccrualInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt0111957
IRS990EZ/NetAssetsOrFundBalancesEOYAmt0117344
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt02.00
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0YUNG DUK KIM
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2TAE MYUNG HONG
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3MI-KYUNG CHOI
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0CHAIRMAN OF
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2VICE PRESIDE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3SECRETARY
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherExpensesTotalAmt076658
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0PROMOTING THE ADOPTION OF KOREAN LANGUAGE AS AN OFFICIAL FOREIGN LANGUAGE IN THE PUBLIC SCHOOLS AND EDUCATIONAL ADVANCEMENT OF KOREAN CULTURE AND LANGUAGE FOR THE STUDENTS IN NATION WIDE.
IRS990EZ/PrintingPublicationsPostageAmt0283
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0KOREAN TEACHER LICENSE PROGRAM: TO SUPPORT STUDENTS TO GET THE KOREAN LANGUAGE TEACHER LICENSE FROM THE COLLEGE COURSE AS REQUESTED BY THE STATE REGULATIONS.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt1RESEARCH AND STUDY KOREAN GRAMMAR AND DEVELOP AND NEW TEACHING TECHNIQUE FOR THE KOREAN LANGUAGE TACHERS.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt2KOREA VISIT PROGRAM: OFFERS OPPORTUNITIES TO VISIT KOREA FOR PRINCIPALS IN PUBLIC MIDDLE AND HIGH SCHOOL WHERE THE SCHOOLS ARE CURRENTLY HAVING KOREAN LANGUAGE CLASSES OR PLANNING TO HAVE ONE IN THE SCHOOL TO GAIN AN UNDERSTANDING AND AN EXPERIENCE ABOUT ANCIENT AND KODERN KOREAN HISTORYM CULTURE, SOCIAL, ECONOMIC DEVELOPMENT OF THE KOREAN SOCIETY, AND KOREAN EDUCATION SYSTEM.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt3K-TEACHER PROMOTION: TO SHARE TEACHING SKILLS AND KNOWLEDGE AMONG TEACHERS. SPECIAL PROJECT-KOREAN CLASS: TO SUPPORT AFTER-SCHOOL KOREAN LANGUAGE CLASSES.
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt013000
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IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt240000
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IRS990EZ/ProhibitedTaxShelterTransInd0false
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IRS990EZ/TransactionWithControlEntInd0false
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IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0323784
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0EXPENSES ADVERTISING 800 BANK CHARGE 40 DONATION 4,600 OFFICE EXPENSE 1,288 SUPPLY 271 SUPPLY 1,642 MATERIAL & SUPPLY 508 WEB SERVICE 2,988 KOREA VISIT PROGRAM 40,000 CONFERENCES AND MEETINGS 7,040 PROMOTION & FUND RAISING 1,800 KOREAN ALPHABET DAY 50 K-TEACHER PROMOTION 1,291 TEACHER LICENSING PROGRAM 13,000 RESEARCH & DEVELOPMENT 1,340 TOTAL 76,658
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1PROMOTING THE ADOPTION OF KOREAN LANGUAGE AS AN OFFICIAL FOREIGN LANGUAGE IN THE PUBLIC SCHOOLS AND EDUCATIONAL ADVANCEMENT OF KOREAN CULTURE AND LANGUAGE FOR THE STUDENTS IN NATION WIDE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2KOREA VISIT PROGRAM: OFFERS OPPORTUNITIES TO VISIT KOREA FOR PRINCIPALS IN PUBLIC MIDDLE AND HIGH SCHOOL WHERE THE SCHOOLS ARE CURRENTLY HAVING KOREAN LANGUAGE CLASSES OR PLANNING TO HAVE ONE IN THE SCHOOL TO GAIN AN UNDERSTANDING AND AN EXPERIENCE ABOUT ANCIENT AND KODERN KOREAN HISTORYM CULTURE, SOCIAL, ECONOMIC DEVELOPMENT OF THE KOREAN SOCIETY, AND KOREAN EDUCATION SYSTEM.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3K-TEACHER PROMOTION: TO SHARE TEACHING SKILLS AND KNOWLEDGE AMONG TEACHERS. SPECIAL PROJECT-KOREAN CLASS: TO SUPPORT AFTER-SCHOOL KOREAN LANGUAGE CLASSES.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART III
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART III, LINE 30
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990-EZ, PART III, LINE 31
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0SUN GUN LEE
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/SignatureDt02024-05-01
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0KOREAN LANGUAGE FOUNDATION INC
ReturnHeader/Filer/BusinessNameControlTxt0KORE
ReturnHeader/Filer/EIN0261446135
ReturnHeader/Filer/USAddress/AddressLine1Txt05900 ARLINGTON AVE 16J
ReturnHeader/Filer/USAddress/CityNm0NEW YORK
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NY
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ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0METUCHEN
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ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd008840
ReturnHeader/PreparerPersonGrp/PhoneNum07326038877
ReturnHeader/PreparerPersonGrp/PreparationDt02025-05-13
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0JUNG KYU PARK
ReturnHeader/ReturnTs02025-05-15T10:02:34-04:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02023-07-01
ReturnHeader/TaxPeriodEndDt02024-06-30
ReturnHeader/TaxYr02023

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