Civic Intelligence

Korean Traditional Marching Band Inc.

990EZ • Fiscal year 2020 • EIN 27-0536321

May 01, 2019 to Apr 30, 2020 • Filed on Aug 05, 2020

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

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on this filing.

Source year 2020

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on this filing.

Source year 2020

Net Margin

51st percentile

5.6%

Higher net margin than 51% of similar nonprofits.

2020 filings • NTEE A • <$500k nonprofits • Source year 2020

Top Officer Pay

89th percentile

$30,000

Higher top officer pay than 89% of similar nonprofits.

Top officer pay equals 28.3% of source-year revenue.

2020 filings • NTEE A • <$500k nonprofits • Source year 2020

Asset Growth

63rd percentile

18%

Faster asset growth than 63% of similar nonprofits.

2020 filings • NTEE A • <$500k nonprofits • Annualized from 2019 to 2020

Revenue Growth

32nd percentile

-46%

Faster revenue growth than 32% of similar nonprofits.

2020 filings • NTEE A • <$500k nonprofits • Annualized from 2019 to 2020

Assets

Up

$27,398

Up $4,233 (+18%) from 2019

Net Assets

Up

$27,398

Up $5,934 (+28%) from 2019

Liabilities

-

No earlier filing loaded for comparison.

Revenue

Down

$105,985

Down $90,481 (-46%) from 2019

Expenses

Down

$100,051

Down $129,357 (-56%) from 2019

Net Income

Up

$5,934

Up $38,876 (+118%) from 2019

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

2020

Assets$27,398
Liabilities-
Net Assets$27,398

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

2020

Revenue$105,985
Expenses$100,051
Net Income$5,934
Jump To
Filing Snapshot
Filing Period
May 1, 2019 to Apr 30, 2020
Signed
Aug 5, 2020
Return Version
2019v5.0
Gross Receipts
$105,985
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-$28,192
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
2020-08-05
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 751 office expense 4,244 travel expense 12,480 insurance 2,521 bank charge 203 perforiming event 19,230 camp exp. 7,935 auto exp. 2,966 dca grant fee 276 non-investment depreciation 1,731 total 52,337

Form 990-ez, Part II, Line 24

Loans to officer 0 10,000 prepaid expenses and deferred charges 3,666 5,658 leasehold improvement 12,116 12,116 less accumulated depreciation 7,952 9,683 security deposit 3,200 3,200 total 11,030 21,291

Form 990-ez, Part II, Line 26

Accounts payable and accrued expenses 1,701 0

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 Appendix128 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
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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/BOYAmt012135
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt06107
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
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IRS990EZ/ExcessOrDeficitForYearAmt05934
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IRS990EZ/ProgramServiceRevenueAmt052037
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IRS990EZ/TransactionWithControlEntInd0false
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IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0WWW.NYKTMB.ORG
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt053948
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt083761
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IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0151675
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt077500
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0431281
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt0273220
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct01.00000
IRS990ScheduleA/PublicSupportPY170Pct01.00000
IRS990ScheduleA/PublicSupportTotal170Amt0431281
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt053948
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IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0151675
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt077500
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0431281
IRS990ScheduleA/TotalSupportAmt0431281
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0EXPENSES CONTRIBUTION / ADVERTISING 751 OFFICE EXPENSE 4,244 TRAVEL EXPENSE 12,480 INSURANCE 2,521 BANK CHARGE 203 PERFORIMING EVENT 19,230 CAMP EXP. 7,935 AUTO EXP. 2,966 DCA GRANT FEE 276 NON-INVESTMENT DEPRECIATION 1,731 TOTAL 52,337
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1LOANS TO OFFICER 0 10,000 PREPAID EXPENSES AND DEFERRED CHARGES 3,666 5,658 LEASEHOLD IMPROVEMENT 12,116 12,116 LESS ACCUMULATED DEPRECIATION 7,952 9,683 SECURITY DEPOSIT 3,200 3,200 TOTAL 11,030 21,291
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2ACCOUNTS PAYABLE AND ACCRUED EXPENSES 1,701 0
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/PreparerPersonGrp/PreparerPersonNm0NAM D CHOI
ReturnHeader/ReturnTs02020-08-10T08:55:58-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02019-05-01
ReturnHeader/TaxPeriodEndDt02020-04-30
ReturnHeader/TaxYr02019

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Filings