Civic Intelligence

Korean Traditional Marching Band Inc.

990EZ • Fiscal year 2018 • EIN 27-0536321

May 01, 2017 to Apr 30, 2018 • Filed on Oct 09, 2018

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

63rd percentile

0.03x

Higher debt load relative to assets than 63% of similar nonprofits.

2018 filings • NTEE A • <$500k nonprofits • Source year 2018

Liabilities / Revenue

59th percentile

0.01x

Higher debt load relative to revenue than 59% of similar nonprofits.

2018 filings • NTEE A • <$500k nonprofits • Source year 2018

Net Margin

58th percentile

6.1%

Higher net margin than 58% of similar nonprofits.

2018 filings • NTEE A • <$500k nonprofits • Source year 2018

Top Officer Pay

88th percentile

$30,000

Higher top officer pay than 88% of similar nonprofits.

Top officer pay equals 17.4% of source-year revenue.

2018 filings • NTEE A • <$500k nonprofits • Source year 2018

Asset Growth

73rd percentile

24%

Faster asset growth than 73% of similar nonprofits.

2018 filings • NTEE A • <$500k nonprofits • Annualized from 2017 to 2018

Revenue Growth

65th percentile

14%

Faster revenue growth than 65% of similar nonprofits.

2018 filings • NTEE A • <$500k nonprofits • Annualized from 2017 to 2018

Assets

Up

$56,168

Up $10,934 (+24%) from 2017

Net Assets

Up

$54,406

Up $10,505 (+24%) from 2017

Liabilities

Up

$1,762

Up $429 (+32%) from 2017

Revenue

Up

$172,875

Up $21,200 (+14%) from 2017

Expenses

Up

$162,370

Up $29,821 (+22%) from 2017

Net Income

Down

$10,505

Down $8,621 (-45%) from 2017

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

2018

Assets$56,168
Liabilities$1,762
Net Assets$54,406

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

2018

Revenue$172,875
Expenses$162,370
Net Income$10,505
Jump To
Filing Snapshot
Filing Period
May 1, 2017 to Apr 30, 2018
Signed
Oct 9, 2018
Return Version
2017v2.3
Gross Receipts
$172,875
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-$76,365
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
LEE CHUN SEUNGPresidentFT$30,000-$30,000
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
2018-10-09
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 contribution / advertising 22,939 office expense 10,029 travel expense 933 interest expense 84 insurance 6,718 bank charge 259 perforiming event 48,386 camp exp. 7,261 auto exp. 4,661 dca grant fee 2,008 permit& fees 2,085 non-investment depreciation 1,638 total 107,001

Form 990-ez, Part II, Line 24

Prepaid expenses and deferred charges 7,358 9,204 leasehold improvement 11,000 12,116 less accumulated depreciation 4,583 6,221 security deposit 3,200 3,200 total 16,975 18,299

Form 990-ez, Part II, Line 26

Accounts payable and accrued expenses 1,333 1,762

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 Appendix130 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/BOYAmt028259
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt037869
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/ContributionsGiftsGrantsEtcAmt064397
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt010505
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt050
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt045234
IRS990EZ/Form990TotalAssetsGrp/EOYAmt056168
IRS990EZ/GrossReceiptsAmt0172875
IRS990EZ/InfoInScheduleOPartIIIInd0X
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingAccrualInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt043901
IRS990EZ/NetAssetsOrFundBalancesEOYAmt054406
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt043901
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt054406
IRS990EZ/OccupancyRentUtltsAndMaintAmt019500
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt040.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt030000
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0LEE CHUN SEUNG
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0PRESIDENT
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IRS990EZ/OrganizationHadUBIInd0false
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IRS990EZ/OtherAssetsTotalDetail/EOYAmt018299
IRS990EZ/OtherExpensesTotalAmt0107001
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/ProgramServiceRevenueAmt0108478
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0PERFORMANCE EVENTS AND CONCERTS WITH THE PURPOSE THAT DESCRIBED IN SCHEDULE O
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt076365
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/SalariesOtherCompEmplBnftAmt035819
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SubjectToProxyTaxInd0false
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IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt01762
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt0162370
IRS990EZ/TotalProgramServiceExpensesAmt076365
IRS990EZ/TotalRevenueAmt0172875
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0WWW.NYKTMB.ORG
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt064397
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0151675
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt077500
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt052148
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt076193
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0421913
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt0108478
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct01.00000
IRS990ScheduleA/PublicSupportPY170Pct01.00000
IRS990ScheduleA/PublicSupportTotal170Amt0421913
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt064397
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0151675
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt077500
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt052148
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt076193
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0421913
IRS990ScheduleA/TotalSupportAmt0421913
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0EXPENSES CONTRIBUTION / ADVERTISING 22,939 OFFICE EXPENSE 10,029 TRAVEL EXPENSE 933 INTEREST EXPENSE 84 INSURANCE 6,718 BANK CHARGE 259 PERFORIMING EVENT 48,386 CAMP EXP. 7,261 AUTO EXP. 4,661 DCA GRANT FEE 2,008 PERMIT& FEES 2,085 NON-INVESTMENT DEPRECIATION 1,638 TOTAL 107,001
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1PREPAID EXPENSES AND DEFERRED CHARGES 7,358 9,204 LEASEHOLD IMPROVEMENT 11,000 12,116 LESS ACCUMULATED DEPRECIATION 4,583 6,221 SECURITY DEPOSIT 3,200 3,200 TOTAL 16,975 18,299
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2ACCOUNTS PAYABLE AND ACCRUED EXPENSES 1,333 1,762
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
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ReturnHeader/BusinessOfficerGrp/PersonNm0LEE CHUN SEUNG
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum06468087272
ReturnHeader/BusinessOfficerGrp/SignatureDt02018-10-09
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
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ReturnHeader/Filer/USAddress/ZIPCd011358
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ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt0100.38.114.99
ReturnHeader/FilingSecurityInformation/IPDt02018-10-10
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0CD
ReturnHeader/FilingSecurityInformation/IPTm016:03:22
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/PreparationDt02018-10-10
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0NAM D CHOI
ReturnHeader/ReturnTs02018-10-10T17:03:22-04:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02017-05-01
ReturnHeader/TaxPeriodEndDt02018-04-30
ReturnHeader/TaxYr02017

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Filings