Liabilities / Assets
84th percentile
Higher debt load relative to assets than 84% of similar nonprofits.
Korean Traditional Marching Band Inc.
990EZ • Fiscal year 2021 • EIN 27-0536321
Siviq Scores
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
0.43x
Liabilities / Revenue
85th percentile
Higher debt load relative to revenue than 85% of similar nonprofits.
Net Margin
71st percentile
Higher net margin than 71% of similar nonprofits.
Top Officer Pay
87th percentile
Higher top officer pay than 87% of similar nonprofits.
Top officer pay equals 19.5% of source-year revenue.
Asset Growth
95th percentile
Faster asset growth than 95% of similar nonprofits.
Revenue Growth
54th percentile
Faster revenue growth than 54% of similar nonprofits.
Balance Sheet
Assets
Up$110,308
Up $82,910 (+303%) from 2020
Net Assets
Up$62,386
Up $34,988 (+128%) from 2020
Liabilities
$47,922
No earlier filing loaded for comparison.
Revenue And Expenses
Revenue
Up$115,213
Up $9,228 (+8.7%) from 2020
Expenses
Down$80,225
Down $19,826 (-20%) from 2020
Net Income
Up$34,988
Up $29,054 (+490%) from 2020
Historical Trend
Jump To
Filing Snapshot
- Filing Period
- May 1, 2020 to Apr 30, 2021
- Signed
- Jun 11, 2021
- Return Version
- 2020v4.0
- Gross Receipts
- $115,213
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
| Description | Grants | Expenses |
|---|---|---|
| PERFORMANCE EVENTS AND CONCERTS WITH THE PURPOSE THAT DESCRIBED IN SCHEDULE O | - | $11,750 |
Compensation and Service Providers
Employees
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| LEE CHUN SEUNG | President | FT | $22,500 | - | $22,500 |
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
- 2021-06-11
- 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 8
“Compensatory damages 90,000 total 90,000”
Form 990-ez, Part I, Line 16
“Expenses contribution / advertising 500 office expense 633 insurance 1,440 bank charge 119 performing event 11,250 permit & fees 100 non-investment depreciation 1,731 total 15,773”
Form 990-ez, Part II, Line 24
“Loans to officer 10,000 10,000 loans to new york table tennis 0 74,000 prepaid expenses and deferred charges 5,658 5,678 leasehold improvement 12,116 12,116 less accumulated depreciation 9,683 11,414 security deposit 3,200 3,200 total 21,291 93,580”
Form 990-ez, Part II, Line 26
“Accounts payable and accrued expenses 0 2,522 sba ppp loan 0 12,500 sba eidl loan 0 32,900”
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 |
|---|---|---|
| CompensationExplanation/CompensationExplanationGrp/PersonNm | 0 | LEE CHUN SEUNG |
| IRS990EZ/ActivitiesNotPreviouslyRptInd | 0 | false |
| IRS990EZ/BooksInCareOfDetail/PersonNm | 0 | KOREAN TRADITIONAL MARCHING BAND |
| IRS990EZ/BooksInCareOfDetail/PhoneNum | 0 | 6468087272 |
| IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | 45-19 162 ST BASEMENT |
| IRS990EZ/BooksInCareOfDetail/USAddress/CityNm | 0 | FLUSHING |
| IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | NY |
| IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 11358 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt | 0 | 6107 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt | 0 | 16728 |
| IRS990EZ/ChgMadeToOrgnzngDocNotRptInd | 0 | false |
| IRS990EZ/ContributionsGiftsGrantsEtcAmt | 0 | 23603 |
| IRS990EZ/DonorAdvisedFndsInd | 0 | false |
| IRS990EZ/EngagedInExcessBenefitTransInd | 0 | false |
| IRS990EZ/ExcessOrDeficitForYearAmt | 0 | 34988 |
| IRS990EZ/FeesAndOtherPymtToIndCntrctAmt | 0 | 300 |
| IRS990EZ/FiledScheduleAInd | 0 | true |
| IRS990EZ/ForeignFinancialAccountInd | 0 | false |
| IRS990EZ/ForeignOfficeInd | 0 | false |
| IRS990EZ/Form1120PolFiledInd | 0 | false |
| IRS990EZ/Form990TotalAssetsGrp/BOYAmt | 0 | 27398 |
| IRS990EZ/Form990TotalAssetsGrp/EOYAmt | 0 | 110308 |
| IRS990EZ/GrossReceiptsAmt | 0 | 115213 |
| IRS990EZ/InfoInScheduleOPartIIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIInd | 0 | X |
| IRS990EZ/LobbyingActivitiesInd | 0 | false |
| IRS990EZ/MadeLoansToFromOfficersInd | 0 | false |
| IRS990EZ/MethodOfAccountingAccrualInd | 0 | X |
| IRS990EZ/NetAssetsOrFundBalancesBOYAmt | 0 | 27398 |
| IRS990EZ/NetAssetsOrFundBalancesEOYAmt | 0 | 62386 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt | 0 | 27398 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt | 0 | 62386 |
| IRS990EZ/OccupancyRentUtltsAndMaintAmt | 0 | 18000 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 0 | 40.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 0 | 22500 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 0 | LEE CHUN SEUNG |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 0 | PRESIDENT |
| IRS990EZ/OperateHospitalInd | 0 | false |
| IRS990EZ/Organization501c3Ind | 0 | X |
| IRS990EZ/OrganizationDissolvedEtcInd | 0 | false |
| IRS990EZ/OrganizationHadUBIInd | 0 | false |
| IRS990EZ/OtherAssetsTotalDetail/BOYAmt | 0 | 21291 |
| IRS990EZ/OtherAssetsTotalDetail/EOYAmt | 0 | 93580 |
| IRS990EZ/OtherExpensesTotalAmt | 0 | 15773 |
| IRS990EZ/OtherRevenueTotalAmt | 0 | 90000 |
| IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt | 0 | NONE |
| IRS990EZ/PartVIOfCompOfHghstPdEmplTxt | 0 | NONE |
| IRS990EZ/PoliticalCampaignActyInd | 0 | false |
| IRS990EZ/PrimaryExemptPurposeTxt | 0 | 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. |
| IRS990EZ/ProgramServiceRevenueAmt | 0 | 1610 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 0 | PERFORMANCE EVENTS AND CONCERTS WITH THE PURPOSE THAT DESCRIBED IN SCHEDULE O |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt | 0 | 11750 |
| IRS990EZ/ProhibitedTaxShelterTransInd | 0 | false |
| IRS990EZ/RelatedOrganizationCtrlEntInd | 0 | false |
| IRS990EZ/SalariesOtherCompEmplBnftAmt | 0 | 46152 |
| IRS990EZ/ScheduleBNotRequiredInd | 0 | X |
| IRS990EZ/SchoolOperatingInd | 0 | false |
| IRS990EZ/SubjectToProxyTaxInd | 0 | false |
| IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt | 0 | 47922 |
| IRS990EZ/TanningServicesProvidedInd | 0 | false |
| IRS990EZ/TotalExpensesAmt | 0 | 80225 |
| IRS990EZ/TotalProgramServiceExpensesAmt | 0 | 11750 |
| IRS990EZ/TotalRevenueAmt | 0 | 115213 |
| IRS990EZ/TransactionWithControlEntInd | 0 | false |
| IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd | 0 | false |
| IRS990EZ/TypeOfOrganizationCorpInd | 0 | X |
| IRS990EZ/WebsiteAddressTxt | 0 | WWW.NYKTMB.ORG |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt | 0 | 23603 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt | 0 | 53948 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 83761 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 64397 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt | 0 | 151675 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt | 0 | 377384 |
| IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt | 0 | 364830 |
| IRS990ScheduleA/PublicOrganization170Ind | 0 | X |
| IRS990ScheduleA/PublicSupportCY170Pct | 0 | 1.00000 |
| IRS990ScheduleA/PublicSupportPY170Pct | 0 | 1.00000 |
| IRS990ScheduleA/PublicSupportTotal170Amt | 0 | 377384 |
| IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind | 0 | X |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt | 0 | 23603 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt | 0 | 53948 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 83761 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 64397 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt | 0 | 151675 |
| IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt | 0 | 377384 |
| IRS990ScheduleA/TotalSupportAmt | 0 | 377384 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | COMPENSATORY DAMAGES 90,000 TOTAL 90,000 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | EXPENSES CONTRIBUTION / ADVERTISING 500 OFFICE EXPENSE 633 INSURANCE 1,440 BANK CHARGE 119 PERFORMING EVENT 11,250 PERMIT & FEES 100 NON-INVESTMENT DEPRECIATION 1,731 TOTAL 15,773 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | LOANS TO OFFICER 10,000 10,000 LOANS TO NEW YORK TABLE TENNIS 0 74,000 PREPAID EXPENSES AND DEFERRED CHARGES 5,658 5,678 LEASEHOLD IMPROVEMENT 12,116 12,116 LESS ACCUMULATED DEPRECIATION 9,683 11,414 SECURITY DEPOSIT 3,200 3,200 TOTAL 21,291 93,580 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | ACCOUNTS PAYABLE AND ACCRUED EXPENSES 0 2,522 SBA PPP LOAN 0 12,500 SBA EIDL LOAN 0 32,900 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 4 | 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. |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | FORM 990-EZ, PART I, LINE 8 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | FORM 990-EZ, PART I, LINE 16 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | FORM 990-EZ, PART II, LINE 24 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | FORM 990-EZ, PART II, LINE 26 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 4 | FORM 990-EZ, PART III |
| ReturnHeader/BuildTS | 0 | 2022-09-23 18:48:47Z |
| ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd | 0 | true |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | LEE CHUN SEUNG |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | PRESIDENT |
| ReturnHeader/BusinessOfficerGrp/PhoneNum | 0 | 6468087272 |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2021-06-11 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt | 0 | KOREAN TRADITIONAL MARCHING BAND |
| ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt | 0 | INC |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | KORE |
| ReturnHeader/Filer/EIN | 0 | 270536321 |
| ReturnHeader/Filer/PhoneNum | 0 | 6468087272 |
| ReturnHeader/Filer/USAddress/AddressLine1Txt | 0 | 45-19 162 STREET BASEMENT |
| ReturnHeader/Filer/USAddress/CityNm | 0 | FLUSHING |
| ReturnHeader/Filer/USAddress/StateAbbreviationCd | 0 | NY |
| ReturnHeader/Filer/USAddress/ZIPCd | 0 | 11358 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmEIN | 0 | 113137593 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt | 0 | ANDY CHOI & CO INC |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt | 0 | 45-16 162ND STREET 203 |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm | 0 | FLUSHING |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd | 0 | NY |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd | 0 | 113583158 |
| ReturnHeader/PreparerPersonGrp/PhoneNum | 0 | 7184452546 |
| ReturnHeader/PreparerPersonGrp/PreparationDt | 0 | 2021-06-11 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | NAM D CHOI |
| ReturnHeader/ReturnTs | 0 | 2021-06-11T16:15:29-05:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990EZ |
| ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm | 0 | CHUN SEUNG |
| ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm | 0 | LEE |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2020-05-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2021-04-30 |
| ReturnHeader/TaxYr | 0 | 2020 |
Document Assets
No mirrored PDF or thumbnail assets are attached yet.
Filings
Displayed year
2021 • Form 990EZDetailed filing. Detailed filing data is available for this year.
- Assets
- $110,308
- Liabilities
- $47,922
- Net assets
- $62,386
- Revenue
- $115,213
- Expenses
- $80,225
- Net income
- $34,988