Liabilities / Assets
83rd percentile
Higher debt load relative to assets than 83% of similar nonprofits.
Korean Academy of Colorado Inc
EIN 26-1669059 • 501(c)3 • Highlands Ranch, CO
Profile
Korean Language and Culture Education
Siviq Scores
Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.
0.20x
Liabilities / Revenue
89th percentile
Higher debt load relative to revenue than 89% of similar nonprofits.
Net Margin
71st percentile
Higher net margin than 71% of similar nonprofits.
Top Officer Pay
81st percentile
Higher top officer pay than 81% of similar nonprofits.
Top officer pay equals 0.0% of source-year revenue.
Asset Growth
76th percentile
Faster asset growth than 76% of similar nonprofits.
Revenue Growth
85th percentile
Faster revenue growth than 85% of similar nonprofits.
Balance Sheet
Assets
Up$244,554
Up $40,621 (+20%) from 2024
Liabilities
Up$50,133
Up $13,560 (+37%) from 2024
Net Assets
Up$194,421
Up $27,061 (+16%) from 2024
Revenue
Up$168,492
Up $60,239 (+56%) from 2024
Expenses
Up$141,431
Up $9,936 (+7.6%) from 2024
Net Income
Up$27,061
Up $50,303 (+216%) from 2024
Trend Graphs
Filings
Most recent year
2025 • Form 990EZDetailed filing. Detailed filing data is available for this year.
- Assets
- $244,554
- Liabilities
- $50,133
- Net assets
- $194,421
- Revenue
- $168,492
- Expenses
- $141,431
- Net income
- $27,061
Latest Filing Detail
Jump To
Filing Snapshot
- Filing Period
- Jul 1, 2024 to Jun 30, 2025
- Signed
- Oct 27, 2025
- Return Version
- 2024v5.2
- Gross Receipts
- $168,492
Mission and Program Overview
Mission
Korean Language and Culture Education
Program Services
| Description | Grants | Expenses |
|---|---|---|
| The Korean Academy of Colorado offered 3 hours of language and cultural education to the public on Saturdays and online during the fall and spring semesters | - | $141,371 |
Compensation and Service Providers
Employees
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| JIYEON PARK | Principal | PT | $0 | - | - |
| BRETT E MYERS | Recorder | - | $0 | - | - |
| JUN SANG PARK | President | - | $0 | - | - |
| ERIC ERVIN | Vice President | - | $0 | - | - |
| DAVID CHUNG | Treasurer | - | $0 | - | - |
| MOONSUN CHANG | Director | - | $0 | - | - |
| SOHEE MYERS | Director | - | $0 | - | - |
Filing and Contact Details
Filer
- Filer Name
- Korean Academy of Colorado Inc
- EIN
- 26-1669059
- In Care Of
- % JUN SANG PARK
- Address
- 5458 S IOLA WAY, HIGHLANDS RANCH, CO 80111
Signing Officer
- Name
- Jun Sang Park
- Title
- Accountant
- Signed
- 2025-10-27
- Discuss with paid preparer
- No
Preparer
- Firm
- Js Park CPA LLC
- Address
- 11275 E Mississippi Ave 2W6, Aurora, CO 80012
- Preparer
- Jun Sang Park
- Phone
- 7203721102
Supplemental Narrative
Additional Explanations
Description of other expenses Part I line 16
“Description AmountAdvertising and Website 200Books Subscriptions 721Bank Charge 30Meal and Entertainment 1,618Office Expense 2,036Staff Training 260Staff Meal 3,588Insurance 2,234Payroll Tax 7,356Paypal processing fee 2,115School Supplies 7,647Scholarships 1,000Storage rental 3,486Event Expenses 644Outside Services 1,560”
Description of other assets Part II line 24
“Category Beginning of Year End of YearBooks School Supplies 2,499 2,499Computer Printer etc 2,000 2,000”
Description of total liabilities Part II line 26
“Category Beginning of Year End of YearAdvance Program Service Fee 34,196 47,621Payroll Liabilities 2,377 2,512”
Raw XML Appendix161 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 |
|---|---|---|
| IRS990EZ/ActivitiesNotPreviouslyRptInd | 0 | false |
| IRS990EZ/BooksInCareOfDetail/PersonNm | 0 | JUN SANG PARK |
| IRS990EZ/BooksInCareOfDetail/PhoneNum | 0 | 7202151884 |
| IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | 5458 S IOWA WAY |
| IRS990EZ/BooksInCareOfDetail/USAddress/CityNm | 0 | Englewood |
| IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | CO |
| IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 80111 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt | 0 | 199434 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt | 0 | 240055 |
| IRS990EZ/ChgMadeToOrgnzngDocNotRptInd | 0 | false |
| IRS990EZ/ContributionsGiftsGrantsEtcAmt | 0 | 34880 |
| IRS990EZ/DonorAdvisedFndsInd | 0 | false |
| IRS990EZ/EngagedInExcessBenefitTransInd | 0 | false |
| IRS990EZ/ExcessOrDeficitForYearAmt | 0 | 27061 |
| IRS990EZ/FeesAndOtherPymtToIndCntrctAmt | 0 | 1000 |
| IRS990EZ/FiledScheduleAInd | 0 | true |
| IRS990EZ/ForeignFinancialAccountInd | 0 | false |
| IRS990EZ/ForeignOfficeInd | 0 | false |
| IRS990EZ/Form1120PolFiledInd | 0 | false |
| IRS990EZ/Form990TotalAssetsGrp/BOYAmt | 0 | 203933 |
| IRS990EZ/Form990TotalAssetsGrp/EOYAmt | 0 | 244554 |
| IRS990EZ/GrossReceiptsAmt | 0 | 168492 |
| IRS990EZ/InfoInScheduleOPartIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIInd | 0 | X |
| IRS990EZ/InvestmentIncomeAmt | 0 | 7711 |
| IRS990EZ/LandAndBuildingsGrp/BOYAmt | 0 | 0 |
| IRS990EZ/LandAndBuildingsGrp/EOYAmt | 0 | 0 |
| IRS990EZ/LobbyingActivitiesInd | 0 | false |
| IRS990EZ/MadeLoansToFromOfficersInd | 0 | false |
| IRS990EZ/MethodOfAccountingCashInd | 0 | X |
| IRS990EZ/NetAssetsOrFundBalancesBOYAmt | 0 | 167360 |
| IRS990EZ/NetAssetsOrFundBalancesEOYAmt | 0 | 194421 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt | 0 | 167360 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt | 0 | 194421 |
| IRS990EZ/OccupancyRentUtltsAndMaintAmt | 0 | 27455 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 0 | 5.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 1 | 1.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 2 | 1.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 3 | 1.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 4 | 1.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 5 | 1.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 6 | 1.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 3 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 4 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 5 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 6 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 3 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 4 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 5 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 6 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 3 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 4 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 5 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 6 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 0 | JIYEON PARK |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 1 | BRETT E MYERS |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 2 | JUN SANG PARK |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 3 | ERIC ERVIN |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 4 | DAVID CHUNG |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 5 | MOONSUN CHANG |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 6 | SOHEE MYERS |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 0 | Principal |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 1 | Recorder |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 2 | President |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 3 | Vice President |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 4 | Treasurer |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 5 | Director |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 6 | Director |
| IRS990EZ/OperateHospitalInd | 0 | false |
| IRS990EZ/Organization501c3Ind | 0 | X |
| IRS990EZ/OrganizationDissolvedEtcInd | 0 | false |
| IRS990EZ/OrganizationHadUBIInd | 0 | false |
| IRS990EZ/OtherAssetsTotalDetail/BOYAmt | 0 | 4499 |
| IRS990EZ/OtherAssetsTotalDetail/EOYAmt | 0 | 4499 |
| IRS990EZ/OtherExpensesTotalAmt | 0 | 34495 |
| IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt | 0 | NONE |
| IRS990EZ/PartVIOfCompOfHghstPdEmplTxt | 0 | NONE |
| IRS990EZ/PoliticalCampaignActyInd | 0 | false |
| IRS990EZ/PrimaryExemptPurposeTxt | 0 | Korean Language and Culture Education |
| IRS990EZ/PrintingPublicationsPostageAmt | 0 | 41 |
| IRS990EZ/ProgramServiceRevenueAmt | 0 | 125901 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 0 | The Korean Academy of Colorado offered 3 hours of language and cultural education to the public on Saturdays and online during the fall and spring semesters |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt | 0 | 141371 |
| IRS990EZ/ProhibitedTaxShelterTransInd | 0 | false |
| IRS990EZ/RelatedOrganizationCtrlEntInd | 0 | false |
| IRS990EZ/SalariesOtherCompEmplBnftAmt | 0 | 78440 |
| IRS990EZ/ScheduleBNotRequiredInd | 0 | X |
| IRS990EZ/SchoolOperatingInd | 0 | true |
| IRS990EZ/SubjectToProxyTaxInd | 0 | false |
| IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt | 0 | 36573 |
| IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt | 0 | 50133 |
| IRS990EZ/TanningServicesProvidedInd | 0 | false |
| IRS990EZ/TotalExpensesAmt | 0 | 141431 |
| IRS990EZ/TotalProgramServiceExpensesAmt | 0 | 141371 |
| IRS990EZ/TotalRevenueAmt | 0 | 168492 |
| IRS990EZ/TransactionWithControlEntInd | 0 | false |
| IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd | 0 | false |
| IRS990EZ/TypeOfOrganizationCorpInd | 0 | X |
| IRS990EZ/WebsiteAddressTxt | 0 | www.koreanacademyco.org |
| IRS990ScheduleA/SchoolInd | 0 | X |
| 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 | false |
| IRS990ScheduleE/GovernmentFinancialAidRvkdInd | 0 | false |
| 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 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | Description AmountAdvertising and Website 200Books Subscriptions 721Bank Charge 30Meal and Entertainment 1,618Office Expense 2,036Staff Training 260Staff Meal 3,588Insurance 2,234Payroll Tax 7,356Paypal processing fee 2,115School Supplies 7,647Scholarships 1,000Storage rental 3,486Event Expenses 644Outside Services 1,560 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | Category Beginning of Year End of YearBooks School Supplies 2,499 2,499Computer Printer etc 2,000 2,000 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | Category Beginning of Year End of YearAdvance Program Service Fee 34,196 47,621Payroll Liabilities 2,377 2,512 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | Description of other expenses Part I line 16 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | Description of other assets Part II line 24 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | Description of total liabilities Part II line 26 |
| ReturnHeader/BuildTS | 0 | 2025-03-06 01:10:19Z |
| ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd | 0 | false |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | JUN SANG PARK |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | ACCOUNTANT |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2025-10-27 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt | 0 | KOREAN ACADEMY OF COLORADO INC |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | KORE |
| ReturnHeader/Filer/EIN | 0 | 261669059 |
| ReturnHeader/Filer/InCareOfNm | 0 | % JUN SANG PARK |
| ReturnHeader/Filer/USAddress/AddressLine1Txt | 0 | 5458 S IOLA WAY |
| ReturnHeader/Filer/USAddress/CityNm | 0 | HIGHLANDS RANCH |
| ReturnHeader/Filer/USAddress/StateAbbreviationCd | 0 | CO |
| ReturnHeader/Filer/USAddress/ZIPCd | 0 | 80111 |
| ReturnHeader/IRSResponsiblePrtyInfoCurrInd | 0 | true |
| ReturnHeader/PreparerFirmGrp/PreparerFirmEIN | 0 | 463386639 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt | 0 | JS PARK CPA LLC |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt | 0 | 11275 E Mississippi Ave 2W6 |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm | 0 | Aurora |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd | 0 | CO |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd | 0 | 80012 |
| ReturnHeader/PreparerPersonGrp/PhoneNum | 0 | 7203721102 |
| ReturnHeader/PreparerPersonGrp/PreparationDt | 0 | 2025-10-29 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | JUN SANG PARK |
| ReturnHeader/ReturnTs | 0 | 2025-10-29T18:51:22-04:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990EZ |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2024-07-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2025-06-30 |
| ReturnHeader/TaxYr | 0 | 2024 |
Document Assets
No mirrored PDF or thumbnail assets are attached yet.
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