Civic Intelligence

Korean Language Foundation Inc.

990EZ • Fiscal year 2012 • EIN 26-1446135

Jul 01, 2011 to Jun 30, 2012 • Filed on Aug 01, 2012

Organization ProfileN/A
38 West 32nd StRoom/Suite 111210001
Siviq Scores

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

Liabilities / Assets

97th percentile

0.78x

Higher debt load relative to assets than 97% of similar nonprofits.

2012 filings • NTEE B82 • <$500k nonprofits • Source year 2012

Liabilities / Revenue

89th percentile

0.12x

Higher debt load relative to revenue than 89% of similar nonprofits.

2012 filings • NTEE B82 • <$500k nonprofits • Source year 2012

Net Margin

13th percentile

-45%

Higher net margin than 13% of similar nonprofits.

2012 filings • NTEE B82 • <$500k nonprofits • Source year 2012

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2012

Asset Growth

2nd percentile

-75%

Faster asset growth than 2% of similar nonprofits.

2012 filings • NTEE B82 • <$500k nonprofits • Annualized from 2011 to 2012

Revenue Growth

98th percentile

1178%

Faster revenue growth than 98% of similar nonprofits.

2012 filings • NTEE B82 • <$500k nonprofits • Annualized from 2011 to 2012

Balance Sheet
Liabilities / Assets97th percentile

Assets

Down

$7,678

Down $22,787 (-75%) from 2011

Net Assets

Down

$1,678

Down $22,787 (-93%) from 2011

Liabilities

Flat

$6,000

Flat from 2011

Revenue And Expenses
Liabilities / Revenue89th percentileNet Margin13th percentile

Revenue

Up

$51,110

Up $47,110 (+1178%) from 2011

Expenses

Up

$73,897

Up $65,450 (+775%) from 2011

Net Income

Down

-$22,787

Down $18,340 (-412%) from 2011

Historical Trend

Balance Sheet Trend

Asset Growth2nd percentile

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

$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

2012

Assets$7,678
Liabilities$6,000
Net Assets$1,678
Open 2012 Filing

Operations Trend

Revenue Growth98th percentile

Revenue, expenses, and net income across loaded years, with this 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

2012

Revenue$51,110
Expenses$73,897
Net Income-$22,787
Open 2012 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2011 to Jun 30, 2012
Signed
Aug 1, 2012
Return Version
2011v1.2
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.

Filing and Contact Details

Filer

EIN
26-1446135
Raw XML Appendix143 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
CompensationExplanation/Compensation/PersonName0KWANG HO LEE
CompensationExplanation/Compensation/PersonName1SUN GUN LEE
IRS990EZ/ActivitiesNotPreviouslyRpt0false
IRS990EZ/CashSavingsAndInvestments/BOY030465
IRS990EZ/CashSavingsAndInvestments/EOY07678
IRS990EZ/ContributionsGiftsGrantsEtc051110
IRS990EZ/DidOrgFileForm1120POLThisYear0false
IRS990EZ/DoesOrgHaveHospital0false
IRS990EZ/EngagedInExcessBenefitTrans0false
IRS990EZ/EngageInLobbyingActivities0false
IRS990EZ/EngagePoliticalCmpgnActivities0false
IRS990EZ/ExcessOrDeficitForYear0-22787
IRS990EZ/FiledScheduleA0true
IRS990EZ/ForeignFinancialAccount0false
IRS990EZ/ForeignOffice0false
IRS990EZ/GrantsAndSimilarAmountsPaid065000
IRS990EZ/GrossReceipts051110
IRS990EZ/InfoInScheduleOPartI0X
IRS990EZ/InfoInScheduleOPartII0X
IRS990EZ/InfoInScheduleOPartIII0X
IRS990EZ/MadeChangesToOrgnzngEtcDoc0false
IRS990EZ/MadeLoansToFromOfficers0false
IRS990EZ/MaintainAnyDonorAdvisedFunds0false
IRS990EZ/MethodOfAccountingAccrual0X
IRS990EZ/NetAssetsOrFundBalances/BOY024465
IRS990EZ/NetAssetsOrFundBalancesBOY024465
IRS990EZ/NetAssetsOrFundBalances/EOY01678
IRS990EZ/NetAssetsOrFundBalancesEOY01678
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/AddressUS/AddressLine1010A DARCEY AVENUE
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/AddressUS/AddressLine115900 ARLINGTON AVENUE 16J
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/AddressUS/AddressLine2016J
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/AddressUS/City0STATEN ISLAND
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/AddressUS/City1BRONX
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/AddressUS/State0NY
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/AddressUS/State1NY
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/AddressUS/ZIPCode010314
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/AddressUS/ZIPCode110471
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/AvgHoursPerWkDevotedToPosition01.00
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/AvgHoursPerWkDevotedToPosition11.00
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/Compensation00
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/Compensation10
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/PersonName0KWANG HO LEE
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/PersonName1SUN GUN LEE
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/Title0PRESIDENT
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/Title1SECRETARY
IRS990EZ/OperatingSchool0false
IRS990EZ/Organization501c30X
IRS990EZ/OrganizationDissolvedEtc0false
IRS990EZ/OrganizationHadUBI0false
IRS990EZ/OtherExpensesTotal06727
IRS990EZ/PartVIAHghstPaidCntrctProfSer0NONE
IRS990EZ/PartVIOfCompOfHighestPaidEmpl0NONE
IRS990EZ/PrimaryExemptPurpose0PROMOTING 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/PrintingPublicationsPostage02170
IRS990EZ/ProgramServiceAccomplishment/DescriptionProgramServiceAccom0GRANTS TO BOARD OF EDU-PALISADES PARK, NJ-HIRING KOREAN LANGUAGE TEACHER
IRS990EZ/ProgramServiceAccomplishment/DescriptionProgramServiceAccom1GRANTS TO BOARD OF EDU-RIDGEFIELD, NJ-HIRING KOREAN LANGUAGE TEACHER
IRS990EZ/ProgramServiceAccomplishment/GrantsAndAllocations040000
IRS990EZ/ProgramServiceAccomplishment/GrantsAndAllocations125000
IRS990EZ/ProgramServiceAccomplishment/ProgramServiceExpenses040000
IRS990EZ/ProgramServiceAccomplishment/ProgramServiceExpenses125000
IRS990EZ/ProhibitedTaxShelterTrans0false
IRS990EZ/RelatedOrgControlledEntity0false
IRS990EZ/ScheduleBNotRequired0X
IRS990EZ/SubjectToProxyTax0false
IRS990EZ/SumOfTotalLiabilities/BOY06000
IRS990EZ/SumOfTotalLiabilities/EOY06000
IRS990EZ/TanningServicesProvided0false
IRS990EZ/TheBooksAreInCareOf/AddressUS/AddressLine105900 ARLINGTON AVENUE
IRS990EZ/TheBooksAreInCareOf/AddressUS/AddressLine2016J
IRS990EZ/TheBooksAreInCareOf/AddressUS/City0BRONX
IRS990EZ/TheBooksAreInCareOf/AddressUS/State0NY
IRS990EZ/TheBooksAreInCareOf/AddressUS/ZIPCode010471
IRS990EZ/TheBooksAreInCareOf/NamePerson0SUN GUN LEE
IRS990EZ/TheBooksAreInCareOf/TelephoneNumber02125635763
IRS990EZ/TotalAssets/BOY030465
IRS990EZ/TotalAssets/EOY07678
IRS990EZ/TotalExpenses073897
IRS990EZ/TotalProgramServiceExpenses065000
IRS990EZ/TotalRevenue051110
IRS990EZ/TrnsfrsExemptNonCharRelatedOrg0false
IRS990EZ/WebSite0N/A
IRS990ScheduleA/GiftsGrantsContribReceived509/CurrentTaxYear051110
IRS990ScheduleA/GiftsGrantsContribReceived509/CurrentTaxYearMinus1Year04000
IRS990ScheduleA/GiftsGrantsContribReceived509/CurrentTaxYearMinus2Years070101
IRS990ScheduleA/GiftsGrantsContribReceived509/CurrentTaxYearMinus3Years034040
IRS990ScheduleA/GiftsGrantsContribReceived509/CurrentTaxYearMinus4Years011480
IRS990ScheduleA/GiftsGrantsContribReceived509/Total0170731
IRS990ScheduleA/InvestmentIncomePercentage00.00000
IRS990ScheduleA/PriorYearSupportPercentage01.00000
IRS990ScheduleA/PubliclySupportedOrg509a20X
IRS990ScheduleA/PublicSupportPercentage50901.00000
IRS990ScheduleA/PublicSupportTotal5090170731
IRS990ScheduleA/ThirtyThreePercntTestsCY5090X
IRS990ScheduleA/Total509/CurrentTaxYear051110
IRS990ScheduleA/Total509/CurrentTaxYearMinus1Year04000
IRS990ScheduleA/Total509/CurrentTaxYearMinus2Years070101
IRS990ScheduleA/Total509/CurrentTaxYearMinus3Years034040
IRS990ScheduleA/Total509/CurrentTaxYearMinus4Years011480
IRS990ScheduleA/Total509/Total0170731
IRS990ScheduleA/TotalSupportTotal/CurrentTaxYear051110
IRS990ScheduleA/TotalSupportTotal/CurrentTaxYearMinus1Year04000
IRS990ScheduleA/TotalSupportTotal/CurrentTaxYearMinus2Years070101
IRS990ScheduleA/TotalSupportTotal/CurrentTaxYearMinus3Years034040
IRS990ScheduleA/TotalSupportTotal/CurrentTaxYearMinus4Years011480
IRS990ScheduleA/TotalSupportTotal/Total0170731
IRS990ScheduleO/GeneralExplanation/Explanation0DEPARTMENT OF EDUCATION PALISADES PARK, NJ 410 SECOND STREET 40,000 0 PALISADES PARK, NJ 07650 0 DEPARTMENT OF EDUCATION RIDGEFIELD, NJ 650 PROSPECT AVE 25,000 0 RIDGEFIELD, NJ 07657 0
IRS990ScheduleO/GeneralExplanation/Explanation1EXPENSES BOOKS, SUBSCRIPTION, REFERENC 100 MEAL AND ENTERTAINMENT 2,662 SUPPLIES 3,216 BANK CHARGES 60 CONFERENCES AND MEETINGS 689 TOTAL 6,727
IRS990ScheduleO/GeneralExplanation/Explanation2BORROWINGS 6,000 6,000
IRS990ScheduleO/GeneralExplanation/Explanation3PROMOTING 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/GeneralExplanation/Identifier0GRANTS AND SIMILAR AMTS PAID TO ORGANIZATIONS
IRS990ScheduleO/GeneralExplanation/Identifier1OTHER EXPENSES
IRS990ScheduleO/GeneralExplanation/Identifier2OTHER LIABILITIES
IRS990ScheduleO/GeneralExplanation/Identifier3PRIMARY EXEMPT PURPOSE
IRS990ScheduleO/GeneralExplanation/ReturnReference0FORM 990-EZ, PART I, LINE 10
IRS990ScheduleO/GeneralExplanation/ReturnReference1FORM 990-EZ, PART I, LINE 16
IRS990ScheduleO/GeneralExplanation/ReturnReference2FORM 990-EZ, PART II, LINE 26
IRS990ScheduleO/GeneralExplanation/ReturnReference3FORM 990-EZ, PART III
ReturnHeader/BuildTS02016-02-24 21:20:13Z
ReturnHeader/Filer/EIN0261446135
ReturnHeader/Filer/Name/BusinessNameLine10KOREAN LANGUAGE ASSOCIATION INC
ReturnHeader/Filer/NameControl0KORE
ReturnHeader/Filer/USAddress/AddressLine1038 WEST 32ND ST
ReturnHeader/Filer/USAddress/AddressLine20ROOM/SUITE 1112
ReturnHeader/Filer/USAddress/City0NEW YORK
ReturnHeader/Filer/USAddress/State0NY
ReturnHeader/Filer/USAddress/ZIPCode010001
ReturnHeader/Officer/AuthorizeThirdParty0true
ReturnHeader/Officer/DateSigned02012-08-01
ReturnHeader/Officer/Name0SUN GUN LEE
ReturnHeader/Officer/Title0SECRETARY
ReturnHeader/Preparer/DatePrepared02012-11-09
ReturnHeader/PreparerFirm/PreparerFirmBusinessName/BusinessNameLine10HANA CPAS LLP
ReturnHeader/PreparerFirm/PreparerFirmUSAddress/AddressLine10173 ESSEX AVE STE 201
ReturnHeader/PreparerFirm/PreparerFirmUSAddress/City0METUCHEN
ReturnHeader/PreparerFirm/PreparerFirmUSAddress/State0NJ
ReturnHeader/PreparerFirm/PreparerFirmUSAddress/ZIPCode008840
ReturnHeader/Preparer/Name0TAE OK PARK
ReturnHeader/Preparer/Phone07326038877
ReturnHeader/ReturnType0990EZ
ReturnHeader/TaxPeriodBeginDate02011-07-01
ReturnHeader/TaxPeriodEndDate02012-06-30
ReturnHeader/TaxYear02011
ReturnHeader/Timestamp02012-11-09T17:37:19-06:00

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2012 • Form 990EZFacts available. Structured filing facts are available, but richer extracted sections are limited.

Open filing
Assets
$7,678
Liabilities
$6,000
Net assets
$1,678
Revenue
$51,110
Expenses
$73,897
Net income
-$22,787
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