Civic Intelligence

Korean Traditional Marching Band Inc.

990EZ • Fiscal year 2017 • EIN 27-0536321

May 01, 2016 to Apr 30, 2017 • Filed on May 25, 2017

45-19 162 Street BasementFlushing, NY 11358

(646) 808-7272

Siviq Scores

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

Liabilities / Assets

62nd percentile

0.03x

Higher debt load relative to assets than 62% of similar nonprofits.

2017 filings • NTEE A • <$500k nonprofits • Source year 2017

Liabilities / Revenue

57th percentile

0.01x

Higher debt load relative to revenue than 57% of similar nonprofits.

2017 filings • NTEE A • <$500k nonprofits • Source year 2017

Net Margin

68th percentile

13%

Higher net margin than 68% of similar nonprofits.

2017 filings • NTEE A • <$500k nonprofits • Source year 2017

Top Officer Pay

89th percentile

$34,500

Higher top officer pay than 89% of similar nonprofits.

Top officer pay equals 22.7% of source-year revenue.

2017 filings • NTEE A • <$500k nonprofits • Source year 2017

Asset Growth

86th percentile

72%

Faster asset growth than 86% of similar nonprofits.

2017 filings • NTEE A • <$500k nonprofits • Annualized from 2016 to 2017

Revenue Growth

91st percentile

96%

Faster revenue growth than 91% of similar nonprofits.

2017 filings • NTEE A • <$500k nonprofits • Annualized from 2016 to 2017

Assets

Up

$45,234

Up $18,935 (+72%) from 2016

Net Assets

Up

$43,901

Up $19,126 (+77%) from 2016

Liabilities

Down

$1,333

Down $191 (-13%) from 2016

Revenue

Up

$151,675

Up $74,175 (+96%) from 2016

Expenses

Up

$132,549

Up $50,695 (+62%) from 2016

Net Income

Up

$19,126

Up $23,480 (+539%) from 2016

Historical Trend

Balance Sheet Trend

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

$150K$100K$50K$0Assets 2014: $23,128Liabilities 2014: $3,667Net Assets 2014: $19,4612014Assets 2015: $29,982Liabilities 2015: $853Net Assets 2015: $29,1292015Assets 2016: $26,299Liabilities 2016: $1,524Net Assets 2016: $24,7752016Assets 2017: $45,234Liabilities 2017: $1,333Net Assets 2017: $43,9012017Assets 2018: $56,168Liabilities 2018: $1,762Net Assets 2018: $54,4062018Assets 2019: $23,165Liabilities 2019: $1,701Net Assets 2019: $21,4642019Assets 2020: $27,398Net Assets 2020: $27,3982020Assets 2021: $110,308Liabilities 2021: $47,922Net Assets 2021: $62,3862021Assets 2022: $116,885Liabilities 2022: $36,826Net Assets 2022: $80,0592022Assets 2023: $88,311Liabilities 2023: $38,403Net Assets 2023: $49,9082023Assets 2024: $64,138Liabilities 2024: $37,072Net Assets 2024: $27,0662024Assets 2025: $48,649Liabilities 2025: $38,165Net Assets 2025: $10,4842025

Highlighted filing

2017

Assets$45,234
Liabilities$1,333
Net Assets$43,901

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$300K$200K$100K$0-$100KRevenue 2014: $76,193Expenses 2014: $67,202Net Income 2014: $8,9912014Revenue 2015: $52,148Expenses 2015: $42,480Net Income 2015: $9,6682015Revenue 2016: $77,500Expenses 2016: $81,854Net Income 2016: -$4,3542016Revenue 2017: $151,675Expenses 2017: $132,549Net Income 2017: $19,1262017Revenue 2018: $172,875Expenses 2018: $162,370Net Income 2018: $10,5052018Revenue 2019: $196,466Expenses 2019: $229,408Net Income 2019: -$32,9422019Revenue 2020: $105,985Expenses 2020: $100,051Net Income 2020: $5,9342020Revenue 2021: $115,213Expenses 2021: $80,225Net Income 2021: $34,9882021Revenue 2022: $107,947Expenses 2022: $90,274Net Income 2022: $17,6732022Revenue 2023: $88,250Expenses 2023: $118,401Net Income 2023: -$30,1512023Revenue 2024: $124,017Expenses 2024: $146,858Net Income 2024: -$22,8412024Revenue 2025: $129,200Expenses 2025: $145,784Net Income 2025: -$16,5842025

Highlighted filing

2017

Revenue$151,675
Expenses$132,549
Net Income$19,126
Jump To
Filing Snapshot
Filing Period
May 1, 2016 to Apr 30, 2017
Signed
May 25, 2017
Return Version
2016v3.0
Gross Receipts
$151,675
Mission and Program Overview

Mission

To use our traditional music as the means of communicating and sharing korean cultures in this multicultural society, and to participate in comunity services and volunteering.

Program Services

DescriptionGrantsExpenses
PERFORMANCE EVENTS AND CONCERTS WITH THE PURPOSE THAT DESCRIBED IN SCHEDULE O-$48,704
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
LEE CHUN SEUNGPresidentFT$34,500-$34,500
Filing and Contact Details

Filer

Filer Name
Korean Traditional Marching Band
EIN
27-0536321
Phone
6468087272
Address
45-19 162 STREET BASEMENT, FLUSHING, NY 11358

Signing Officer

Name
Lee Chun Seung
Title
President
Phone
6468087272
Signed
2017-05-25
Discuss with paid preparer
Yes

Preparer

Firm
Andy Choi & Co Inc
Address
45-16 162ND STREET 203, FLUSHING, NY 11358-3158
Preparer
Nam D Choi
Phone
7184452546
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 16

Expenses 16,180 10,907 6,835 1,617 due & subscriptions 91 bank charge 94 perforiming event 30,262 camp exp. 9,042 filing fee 50 auto exp. 1,719 non-investment depreciation 1,571 total 78,368

Form 990-ez, Part II, Line 24

Prepaid expenses and deferred charges 8,012 7,358 leasehold improvement 11,000 11,000 less accumulated depreciation 3,012 4,583 security deposit 3,200 3,200 total 19,200 16,975

Form 990-ez, Part II, Line 26

Accounts payable and accrued expenses 1,524 1,333

Form 990-ez, Part III

To use our traditional music as the means of communicating and sharing korean cultures in this multicultural society, and to participate in comunity services and volunteering.

Raw XML Appendix120 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/ActivitiesNotPreviouslyRptInd0false
IRS990EZ/BooksInCareOfDetail/PersonNm0KOREAN TRADITIONAL MARCHING BAND
IRS990EZ/BooksInCareOfDetail/PhoneNum06468087272
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt045-19 162 ST BASEMENT
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0FLUSHING
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0NY
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd011358
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt07099
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt028259
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/ContributionsGiftsGrantsEtcAmt0151675
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt019126
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt026299
IRS990EZ/Form990TotalAssetsGrp/EOYAmt045234
IRS990EZ/GrossReceiptsAmt0151675
IRS990EZ/InfoInScheduleOPartIIIInd0X
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingAccrualInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt024775
IRS990EZ/NetAssetsOrFundBalancesEOYAmt043901
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt024775
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt043901
IRS990EZ/OccupancyRentUtltsAndMaintAmt017000
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt040.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt034500
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0LEE CHUN SEUNG
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0PRESIDENT
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherAssetsTotalDetail/BOYAmt019200
IRS990EZ/OtherAssetsTotalDetail/EOYAmt016975
IRS990EZ/OtherExpensesTotalAmt078368
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0TO USE OUR TRADITIONAL MUSIC AS THE MEANS OF COMMUNICATING AND SHARING KOREAN CULTURES IN THIS MULTICULTURAL SOCIETY, AND TO PARTICIPATE IN COMUNITY SERVICES AND VOLUNTEERING.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0PERFORMANCE EVENTS AND CONCERTS WITH THE PURPOSE THAT DESCRIBED IN SCHEDULE O
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt048704
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/SalariesOtherCompEmplBnftAmt037181
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt01524
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt01333
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt0132549
IRS990EZ/TotalProgramServiceExpensesAmt048704
IRS990EZ/TotalRevenueAmt0151675
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0WWW.NYKTMB.ORG
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0151675
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt077500
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt052148
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt076193
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0357516
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct01.00000
IRS990ScheduleA/PublicSupportPY170Pct01.00000
IRS990ScheduleA/PublicSupportTotal170Amt0357516
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0151675
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt077500
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt052148
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt076193
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0357516
IRS990ScheduleA/TotalSupportAmt0357516
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0EXPENSES 16,180 10,907 6,835 1,617 DUE & SUBSCRIPTIONS 91 BANK CHARGE 94 PERFORIMING EVENT 30,262 CAMP EXP. 9,042 FILING FEE 50 AUTO EXP. 1,719 NON-INVESTMENT DEPRECIATION 1,571 TOTAL 78,368
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1PREPAID EXPENSES AND DEFERRED CHARGES 8,012 7,358 LEASEHOLD IMPROVEMENT 11,000 11,000 LESS ACCUMULATED DEPRECIATION 3,012 4,583 SECURITY DEPOSIT 3,200 3,200 TOTAL 19,200 16,975
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2ACCOUNTS PAYABLE AND ACCRUED EXPENSES 1,524 1,333
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3TO USE OUR TRADITIONAL MUSIC AS THE MEANS OF COMMUNICATING AND SHARING KOREAN CULTURES IN THIS MULTICULTURAL SOCIETY, AND TO PARTICIPATE IN COMUNITY SERVICES AND VOLUNTEERING.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART II, LINE 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART II, LINE 26
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990-EZ, PART III
ReturnHeader/BuildTS02017-02-10 21:41:12Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0LEE CHUN SEUNG
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum06468087272
ReturnHeader/BusinessOfficerGrp/SignatureDt02017-05-25
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0KOREAN TRADITIONAL MARCHING BAND
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0INC
ReturnHeader/Filer/BusinessNameControlTxt0KORE
ReturnHeader/Filer/EIN0270536321
ReturnHeader/Filer/PhoneNum06468087272
ReturnHeader/Filer/USAddress/AddressLine1Txt045-19 162 STREET BASEMENT
ReturnHeader/Filer/USAddress/CityNm0FLUSHING
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NY
ReturnHeader/Filer/USAddress/ZIPCd011358
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId09333CAF4869AFEF71FBC45C6797D15B45D788D8E
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId09333CAF4869AFEF71FBC45C6797D15B45D788D8E
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0113137593
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0ANDY CHOI & CO INC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt045-16 162ND STREET 203
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0FLUSHING
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0113583158
ReturnHeader/PreparerPersonGrp/PhoneNum07184452546
ReturnHeader/PreparerPersonGrp/PreparationDt02017-06-02
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0NAM D CHOI
ReturnHeader/ReturnTs02017-06-02T17:05:08-04:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02016-05-01
ReturnHeader/TaxPeriodEndDt02017-04-30
ReturnHeader/TaxYr02016

Document Assets

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Filings

Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 2017 filings • NTEE A6C • <$500k nonprofits