Civic Intelligence

Korean American Pharmacists Association

EIN 26-1876892 • 501(c)7 • Los Angeles, CA

Profile

Korean american Pharmacists Association was established

3810 Wilshire BlvdLos Angeles, CA 90010

n/A

Siviq Scores

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

Liabilities / Assets

58th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

501(c)7 • <$500k nonprofits • Source year 2024

Liabilities / Revenue

59th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

501(c)7 • <$500k nonprofits • Source year 2024

Net Margin

59th percentile

5.5%

Higher net margin than 59% of similar nonprofits.

501(c)7 • <$500k nonprofits • Source year 2024

Top Officer Pay

94th percentile

$0

Higher top officer pay than 94% of similar nonprofits.

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

501(c)7 • <$500k nonprofits • Source year 2024

Asset Growth

93rd percentile

68%

Faster asset growth than 93% of similar nonprofits.

501(c)7 • <$500k nonprofits • Annualized from 2023 to 2024

Revenue Growth

100th percentile

1258%

Faster revenue growth than 100% of similar nonprofits.

501(c)7 • <$500k nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets58th percentile

Assets

Down

$21,011

Down $61,603 (-75%) from 2022

Liabilities

Flat

$0

Flat from 2022

Net Assets

Down

$21,011

Down $61,603 (-75%) from 2022

Operations
Liabilities / Revenue59th percentileNet Margin59th percentile

Revenue

Down

$154,462

Down $109,797 (-42%) from 2022

Expenses

Down

$145,993

Down $70,134 (-32%) from 2022

Net Income

Down

$8,469

Down $39,663 (-82%) from 2022

Trend Graphs

Balance Sheet Trend

Asset Growth93rd percentile

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

$600K$400K$200K$0Assets 2010: $39,717Liabilities 2010: $16,795Net Assets 2010: $22,9222010Assets 2011: $201,630Liabilities 2011: $177,617Net Assets 2011: $24,0132011Assets 2014: $446,586Liabilities 2014: $420,340Net Assets 2014: $26,2462014Assets 2015: $14,247Liabilities 2015: $0Net Assets 2015: $14,2472015Assets 2016: $260,868Liabilities 2016: $250,760Net Assets 2016: $10,1082016Assets 2017: $242,907Liabilities 2017: $241,921Net Assets 2017: $9862017Assets 2018: $356,125Liabilities 2018: $336,106Net Assets 2018: $20,0192018Assets 2019: $281,384Liabilities 2019: $247,342Net Assets 2019: $34,0422019Assets 2020: $23,170Liabilities 2020: $0Net Assets 2020: $23,1702020Assets 2022: $82,614Liabilities 2022: $0Net Assets 2022: $82,6142022Assets 2024: $21,011Liabilities 2024: $0Net Assets 2024: $21,0112024

Highlighted filing

2024

Assets$21,011
Liabilities$0
Net Assets$21,011
Open 2024 Filing

Operations Trend

Revenue Growth100th percentile

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

$600K$400K$200K$0-$200KExpenses 2010: $476,1462010Expenses 2011: $193,8792011Revenue 2014: $185,315Expenses 2014: $168,310Net Income 2014: $17,0052014Revenue 2015: $539,492Expenses 2015: $551,491Net Income 2015: -$11,9992015Revenue 2016: $0Expenses 2016: $4,139Net Income 2016: -$4,1392016Revenue 2017: $363,308Expenses 2017: $372,429Net Income 2017: -$9,1212017Revenue 2018: $286,921Expenses 2018: $267,888Net Income 2018: $19,0332018Revenue 2019: $381,306Expenses 2019: $367,283Net Income 2019: $14,0232019Revenue 2020: $156,126Expenses 2020: $166,999Net Income 2020: -$10,8732020Revenue 2022: $264,259Expenses 2022: $216,127Net Income 2022: $48,1322022Revenue 2024: $154,462Expenses 2024: $145,993Net Income 2024: $8,4692024

Highlighted filing

2024

Revenue$154,462
Expenses$145,993
Net Income$8,469
Open 2024 Filing

Filings

Most recent year

2024 • Form 990Facts available. Structured filing facts are available, but richer extracted sections are limited.

Open filing
Assets
$21,011
Liabilities
$0
Net assets
$21,011
Revenue
$154,462
Expenses
$145,993
Net income
$8,469
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.21$0.00$0.21$1.54$1.46$0.08
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.83$0.00$0.83$2.64$2.16$0.48
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.23$0.00$0.23$1.56$1.67$0.11
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.81$2.47$0.34$3.81$3.67$0.14
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.56$3.36$0.20$2.87$2.68$0.19
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.43$2.42$0.01$3.63$3.72$0.09
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.61$2.51$0.10$0.00$0.04$0.04
2015Detailed filing. Detailed filing data is available for this year.$0.14$0.00$0.14$5.39$5.51$0.12
2014Detailed filing. Detailed filing data is available for this year.$4.47$4.20$0.26$1.85$1.68$0.17
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.02$1.78$0.24$1.94
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.40$0.17$0.23$4.76
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
May 14, 2025
Return Version
2024v5.1
Gross Receipts
$154,462
Mission and Program Overview

Mission

Korean american Pharmacists Association was established to provide non-profit mutual benefits to its members.The organization is dedicated to enhancing the professionalism among pharmacists by promoting high ethical standards, educating pharmacists in order to improve the quality of pharmacy services and advancing the standards

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$12,542$21,011▲ $8,469
Prepaid Expenses and Deferred Charges$0$0→ $0
Total Assets$12,542$21,011▲ $8,469
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$12,542$21,011▲ $8,469
Total Net Assets Fund Balance$12,542$21,011▲ $8,469
Total Liabilities and Net Assets / Fund Balance$12,542$21,011▲ $8,469
Compensation and Service Providers
Top Officer Pay94th percentile

Board Members and Trustees

NameTitle
Chang Ho YooPresident
Mikyung KimChief Financial Officer
Myung Ha JoSecretary
Revenue and Support

Revenue Composition

Contributions and Grants
$154,462
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$0
Change in Net Assets
$8,469
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$145,993
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Expenses$0$0$0$144,480
Fees for Services Accounting$0$0$0$1,300
Office Expenses$0$0$0$73
Total Functional Expenses$0$0$0$145,993
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
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Audit committee
No
Backup withholding compliance
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
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
Yes
Management duties delegated
No
Filing and Contact Details

Filer

Filer Name
Korean American Pharmacists Association
EIN
26-1876892
Phone
2137386000
Address
3810 WILSHIRE BLVD, LOS ANGELES, CA 90010

Signing Officer

Name
Chang Ho Yoo
Title
President
Phone
2137386000
Signed
2025-05-14
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Chang Ho Yoo
Formed
2008
Legal Domicile
CA
Voting Board Members
9
Independent Board Members
0
Employees
0
Volunteers
0

Preparer

Firm
Abc Cpas
Address
3435 WILSHIRE BLVD STE 600, LOS ANGELES, CA 90010
Preparer
Byung Chan Ahn
Phone
2137386000
Supplemental Narrative

Additional Explanations

Pt VI, Line 6

“Organization has nine members who have voting power”

Pt VI, Line 7A

“Members who have voting power may elect one or more members of the organization”

Pt VI, Line 7B

“Members who have voting power have authority to decision making”

Pt VI, Line 11B

“Members who have voting power have authority to decision making”

Raw XML Appendix265 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.

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