Civic Intelligence

Korean Language Foundation Inc.

990EZ • Fiscal year 2013 • EIN 26-1446135

Jul 01, 2012 to Jun 30, 2013 • Filed on Oct 15, 2013

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

0.76x

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

2013 filings • NTEE B82 • <$500k nonprofits • Source year 2013

Liabilities / Revenue

88th percentile

0.10x

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

2013 filings • NTEE B82 • <$500k nonprofits • Source year 2013

Net Margin

43rd percentile

0.3%

Higher net margin than 43% of similar nonprofits.

2013 filings • NTEE B82 • <$500k nonprofits • Source year 2013

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2013

Asset Growth

51st percentile

2.5%

Faster asset growth than 51% of similar nonprofits.

2013 filings • NTEE B82 • <$500k nonprofits • Annualized from 2012 to 2013

Revenue Growth

69th percentile

18%

Faster revenue growth than 69% of similar nonprofits.

2013 filings • NTEE B82 • <$500k nonprofits • Annualized from 2012 to 2013

Balance Sheet
Liabilities / Assets97th percentile

Assets

Up

$7,868

Up $190 (+2.5%) from 2012

Net Assets

Up

$1,868

Up $190 (+11%) from 2012

Liabilities

Flat

$6,000

Flat from 2012

Revenue And Expenses
Liabilities / Revenue88th percentileNet Margin43rd percentile

Revenue

Up

$60,268

Up $9,158 (+18%) from 2012

Expenses

Down

$60,077

Down $13,820 (-19%) from 2012

Net Income

Up

$191

Up $22,978 (+101%) from 2012

Historical Trend

Balance Sheet Trend

Asset Growth51st 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

2013

Assets$7,868
Liabilities$6,000
Net Assets$1,868
Open 2013 Filing

Operations Trend

Revenue Growth69th 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

2013

Revenue$60,268
Expenses$60,077
Net Income$191
Open 2013 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2012 to Jun 30, 2013
Signed
Oct 15, 2013
Return Version
2012v2.3
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 Appendix135 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/PersonName0YUNG DUK KIM
CompensationExplanation/Compensation/PersonName1SUN GUN LEE
IRS990EZ/ActivitiesNotPreviouslyRpt0false
IRS990EZ/CashSavingsAndInvestments/BOY07677
IRS990EZ/CashSavingsAndInvestments/EOY07868
IRS990EZ/ContributionsGiftsGrantsEtc060268
IRS990EZ/DidOrgFileForm1120POLThisYear0false
IRS990EZ/DoesOrgHaveHospital0false
IRS990EZ/EngagedInExcessBenefitTrans0false
IRS990EZ/EngageInLobbyingActivities0false
IRS990EZ/EngagePoliticalCmpgnActivities0false
IRS990EZ/ExcessOrDeficitForYear0191
IRS990EZ/FiledScheduleA0true
IRS990EZ/ForeignFinancialAccount0false
IRS990EZ/ForeignOffice0false
IRS990EZ/GrantsAndSimilarAmountsPaid040000
IRS990EZ/GrossReceipts060268
IRS990EZ/InfoInScheduleOPartI0X
IRS990EZ/InfoInScheduleOPartII0X
IRS990EZ/InfoInScheduleOPartIII0X
IRS990EZ/MadeChangesToOrgnzngEtcDoc0false
IRS990EZ/MadeLoansToFromOfficers0false
IRS990EZ/MaintainAnyDonorAdvisedFunds0false
IRS990EZ/MethodOfAccountingAccrual0X
IRS990EZ/NetAssetsOrFundBalances/BOY01677
IRS990EZ/NetAssetsOrFundBalancesBOY01677
IRS990EZ/NetAssetsOrFundBalances/EOY01868
IRS990EZ/NetAssetsOrFundBalancesEOY01868
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/AvgHoursPerWkDevotedToPosition0000.00
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/AvgHoursPerWkDevotedToPosition1000.00
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/Compensation00
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/Compensation10
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/PersonName0YUNG DUK KIM
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/PersonName1SUN GUN LEE
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/Title0PRESIDENT
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/Title1SECRETARY
IRS990EZ/OperatingSchool0false
IRS990EZ/Organization501c30X
IRS990EZ/OrganizationDissolvedEtc0false
IRS990EZ/OrganizationHadUBI0false
IRS990EZ/OtherExpensesTotal019761
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/PrintingPublicationsPostage0316
IRS990EZ/ProgramServiceAccomplishment/DescriptionProgramServiceAccom0GRANTS TO BOARD OF EDU-RIDGEFIELD, NJ-HIRING KOREAN LANGUAGE TEACHER
IRS990EZ/ProgramServiceAccomplishment/DescriptionProgramServiceAccom1TEACHER TRAING EXPENSE: TO UPDATE TEACHER'S KNOWLEDGE WITH EFFECTIVE TEACHING METHOD WITH TEACHER'S ENCOURAGEMENT.
IRS990EZ/ProgramServiceAccomplishment/DescriptionProgramServiceAccom2SAMULNORI TEACHING: TO TEACH KOREAN TRADTIONAL MUSIC PERFORMANCE TO STUDENTS.
IRS990EZ/ProgramServiceAccomplishment/GrantsAndAllocations040000
IRS990EZ/ProgramServiceAccomplishment/ProgramServiceExpenses040000
IRS990EZ/ProgramServiceAccomplishment/ProgramServiceExpenses15000
IRS990EZ/ProgramServiceAccomplishment/ProgramServiceExpenses21700
IRS990EZ/ProhibitedTaxShelterTrans0false
IRS990EZ/RelatedOrgControlledEntity0false
IRS990EZ/ScheduleBNotRequired0X
IRS990EZ/SubjectToProxyTax0false
IRS990EZ/SumOfTotalLiabilities/BOY06000
IRS990EZ/SumOfTotalLiabilities/EOY06000
IRS990EZ/TanningServicesProvided0false
IRS990EZ/TheBooksAreInCareOf/AddressUS/AddressLine105900 ARLINGTON AVENUE 16J
IRS990EZ/TheBooksAreInCareOf/AddressUS/City0BRONX
IRS990EZ/TheBooksAreInCareOf/AddressUS/State0NY
IRS990EZ/TheBooksAreInCareOf/AddressUS/ZIPCode010471
IRS990EZ/TheBooksAreInCareOf/NamePerson0SUN GUN LEE
IRS990EZ/TheBooksAreInCareOf/TelephoneNumber02125635763
IRS990EZ/TotalAssets/BOY07677
IRS990EZ/TotalAssets/EOY07868
IRS990EZ/TotalExpenses060077
IRS990EZ/TotalProgramServiceExpenses046700
IRS990EZ/TotalRevenue060268
IRS990EZ/TransactionWithControlEntity0false
IRS990EZ/TrnsfrsExemptNonCharRelatedOrg0false
IRS990EZ/WebSite0N/A
IRS990ScheduleA/GiftsGrantsContribReceived509/CurrentTaxYear060268
IRS990ScheduleA/GiftsGrantsContribReceived509/CurrentTaxYearMinus1Year051110
IRS990ScheduleA/GiftsGrantsContribReceived509/CurrentTaxYearMinus2Years04000
IRS990ScheduleA/GiftsGrantsContribReceived509/CurrentTaxYearMinus3Years070101
IRS990ScheduleA/GiftsGrantsContribReceived509/CurrentTaxYearMinus4Years034040
IRS990ScheduleA/GiftsGrantsContribReceived509/Total0219519
IRS990ScheduleA/InvestmentIncomePercentage00.00000
IRS990ScheduleA/PriorYearSupportPercentage01.00000
IRS990ScheduleA/PubliclySupportedOrg509a20X
IRS990ScheduleA/PublicSupportPercentage50901.00000
IRS990ScheduleA/PublicSupportTotal5090219519
IRS990ScheduleA/ThirtyThreePercntTestsCY5090X
IRS990ScheduleA/Total509/CurrentTaxYear060268
IRS990ScheduleA/Total509/CurrentTaxYearMinus1Year051110
IRS990ScheduleA/Total509/CurrentTaxYearMinus2Years04000
IRS990ScheduleA/Total509/CurrentTaxYearMinus3Years070101
IRS990ScheduleA/Total509/CurrentTaxYearMinus4Years034040
IRS990ScheduleA/Total509/Total0219519
IRS990ScheduleA/TotalSupportTotal/CurrentTaxYear060268
IRS990ScheduleA/TotalSupportTotal/CurrentTaxYearMinus1Year051110
IRS990ScheduleA/TotalSupportTotal/CurrentTaxYearMinus2Years04000
IRS990ScheduleA/TotalSupportTotal/CurrentTaxYearMinus3Years070101
IRS990ScheduleA/TotalSupportTotal/CurrentTaxYearMinus4Years034040
IRS990ScheduleA/TotalSupportTotal/Total0219519
IRS990ScheduleO/GeneralExplanation/Explanation0DEPARTMENT OF EDUCATION RIDGEFIELD, NJ 650 PROSPECT AVE 40,000 0 RIDGEFIELD, NJ 07657 0
IRS990ScheduleO/GeneralExplanation/Explanation1EXPENSES MEAL AND ENTERTAINMENT 8,456 SUPPLIES 3,000 OFFICE EXPENSE 200 CONFERENCES AND MEETINGS 1,405 TEACHER TRAING EXPENSE 5,000 TEACHING EXPENSE 1,700 TOTAL 19,761
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/DateSigned02013-10-15
ReturnHeader/Officer/Name0SUN GUN LEE
ReturnHeader/Officer/Title0SECRETARY
ReturnHeader/Preparer/DatePrepared02013-11-14
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/TaxPeriodBeginDate02012-07-01
ReturnHeader/TaxPeriodEndDate02013-06-30
ReturnHeader/TaxYear02012
ReturnHeader/Timestamp02013-11-14T10:11:47-06:00

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2013 • Form 990EZFacts available. Structured filing facts are available, but richer extracted sections are limited.

Open filing
Assets
$7,868
Liabilities
$6,000
Net assets
$1,868
Revenue
$60,268
Expenses
$60,077
Net income
$191
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