Liabilities / Assets
85th percentile
Higher debt load relative to assets than 85% of similar nonprofits.
Korean Traditional Marching Band Inc.
990EZ • Fiscal year 2023 • EIN 27-0536321
Siviq Scores
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
0.43x
Liabilities / Revenue
90th percentile
Higher debt load relative to revenue than 90% of similar nonprofits.
Net Margin
9th percentile
Higher net margin than 9% of similar nonprofits.
Top Officer Pay
94th percentile
Higher top officer pay than 94% of similar nonprofits.
Top officer pay equals 34.0% of source-year revenue.
Asset Growth
20th percentile
Faster asset growth than 20% of similar nonprofits.
Revenue Growth
26th percentile
Faster revenue growth than 26% of similar nonprofits.
Balance Sheet
Assets
Down$88,311
Down $28,574 (-24%) from 2022
Net Assets
Down$49,908
Down $30,151 (-38%) from 2022
Liabilities
Up$38,403
Up $1,577 (+4.3%) from 2022
Revenue And Expenses
Revenue
Down$88,250
Down $19,697 (-18%) from 2022
Expenses
Up$118,401
Up $28,127 (+31%) from 2022
Net Income
Down-$30,151
Down $47,824 (-271%) from 2022
Historical Trend
Jump To
Filing Snapshot
- Filing Period
- May 1, 2022 to Apr 30, 2023
- Signed
- May 9, 2023
- Return Version
- 2022v5.0
- Gross Receipts
- $88,250
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. | - | $43,592 |
Compensation and Service Providers
Employees
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| LEE CHUN SEUNG | President | PT | $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
- 2023-05-09
- 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 2,800 office expense 503 3,808 insurance 531 bank charge 203 performing event 31,395 camp exp. 9,397 auto exp. 189 permit & fees 75 non-investment depreciation 160 total 49,061”
Form 990-ez, Part II, Line 24
“Loans to officer 4,000 0 prepaid expenses and deferred charges 335 0 leasehold improvement 12,116 12,116 less accumulated depreciation 11,704 11,864 security deposit 3,200 3,200 total 7,947 3,452”
Form 990-ez, Part II, Line 26
“Accounts payable and accrued expenses 3,926 2,441 sba eidl loan 32,900 35,962”
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 Appendix126 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/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 | 108938 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt | 0 | 84859 |
| IRS990EZ/ChgMadeToOrgnzngDocNotRptInd | 0 | false |
| IRS990EZ/ContributionsGiftsGrantsEtcAmt | 0 | 59490 |
| IRS990EZ/DonorAdvisedFndsInd | 0 | false |
| IRS990EZ/EngagedInExcessBenefitTransInd | 0 | false |
| IRS990EZ/ExcessOrDeficitForYearAmt | 0 | -30151 |
| IRS990EZ/FeesAndOtherPymtToIndCntrctAmt | 0 | 6500 |
| IRS990EZ/FiledScheduleAInd | 0 | true |
| IRS990EZ/ForeignFinancialAccountInd | 0 | false |
| IRS990EZ/ForeignOfficeInd | 0 | false |
| IRS990EZ/Form1120PolFiledInd | 0 | false |
| IRS990EZ/Form990TotalAssetsGrp/BOYAmt | 0 | 116885 |
| IRS990EZ/Form990TotalAssetsGrp/EOYAmt | 0 | 88311 |
| IRS990EZ/GrossReceiptsAmt | 0 | 88250 |
| 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 | 80059 |
| IRS990EZ/NetAssetsOrFundBalancesEOYAmt | 0 | 49908 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt | 0 | 80059 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt | 0 | 49908 |
| IRS990EZ/OccupancyRentUtltsAndMaintAmt | 0 | 12000 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 0 | 20.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 0 | 30000 |
| 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 | 7947 |
| IRS990EZ/OtherAssetsTotalDetail/EOYAmt | 0 | 3452 |
| IRS990EZ/OtherExpensesTotalAmt | 0 | 49061 |
| 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 | 28760 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 0 | PERFORMANCE EVENTS AND CONCERTS WITH THE PURPOSE THAT DESCRIBED IN SCHEDULE O. |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt | 0 | 43592 |
| IRS990EZ/ProhibitedTaxShelterTransInd | 0 | false |
| IRS990EZ/RelatedOrganizationCtrlEntInd | 0 | false |
| IRS990EZ/SalariesOtherCompEmplBnftAmt | 0 | 50840 |
| IRS990EZ/ScheduleBNotRequiredInd | 0 | X |
| IRS990EZ/SchoolOperatingInd | 0 | false |
| IRS990EZ/SubjectToProxyTaxInd | 0 | false |
| IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt | 0 | 36826 |
| IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt | 0 | 38403 |
| IRS990EZ/TanningServicesProvidedInd | 0 | false |
| IRS990EZ/TotalExpensesAmt | 0 | 118401 |
| IRS990EZ/TotalProgramServiceExpensesAmt | 0 | 43592 |
| IRS990EZ/TotalRevenueAmt | 0 | 88250 |
| IRS990EZ/TransactionWithControlEntInd | 0 | false |
| IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd | 0 | false |
| IRS990EZ/TypeOfOrganizationCorpInd | 0 | X |
| IRS990EZ/WebsiteAddressTxt | 0 | WWW.NYKTMB.ORG |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt | 0 | 59490 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt | 0 | 99779 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 23603 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 53948 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt | 0 | 83761 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt | 0 | 320581 |
| IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt | 0 | 293280 |
| IRS990ScheduleA/PublicOrganization170Ind | 0 | X |
| IRS990ScheduleA/PublicSupportCY170Pct | 0 | 1.00000 |
| IRS990ScheduleA/PublicSupportPY170Pct | 0 | 1.00000 |
| IRS990ScheduleA/PublicSupportTotal170Amt | 0 | 320581 |
| IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind | 0 | X |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt | 0 | 59490 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt | 0 | 99779 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 23603 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 53948 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt | 0 | 83761 |
| IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt | 0 | 320581 |
| IRS990ScheduleA/TotalSupportAmt | 0 | 320581 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | EXPENSES CONTRIBUTION / ADVERTISING 2,800 OFFICE EXPENSE 503 3,808 INSURANCE 531 BANK CHARGE 203 PERFORMING EVENT 31,395 CAMP EXP. 9,397 AUTO EXP. 189 PERMIT & FEES 75 NON-INVESTMENT DEPRECIATION 160 TOTAL 49,061 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | LOANS TO OFFICER 4,000 0 PREPAID EXPENSES AND DEFERRED CHARGES 335 0 LEASEHOLD IMPROVEMENT 12,116 12,116 LESS ACCUMULATED DEPRECIATION 11,704 11,864 SECURITY DEPOSIT 3,200 3,200 TOTAL 7,947 3,452 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | ACCOUNTS PAYABLE AND ACCRUED EXPENSES 3,926 2,441 SBA EIDL LOAN 32,900 35,962 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | 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 16 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | FORM 990-EZ, PART II, LINE 24 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | FORM 990-EZ, PART II, LINE 26 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | FORM 990-EZ, PART III |
| ReturnHeader/BuildTS | 0 | 2023-04-26 12:10:37Z |
| 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 | 2023-05-09 |
| 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/IRSResponsiblePrtyInfoCurrInd | 0 | false |
| 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 | 2023-08-14 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | NAM D CHOI |
| ReturnHeader/ReturnTs | 0 | 2023-08-14T16:36:41-04:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990EZ |
| ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm | 0 | CHUN SEUNG |
| ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm | 0 | LEE |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2022-05-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2023-04-30 |
| ReturnHeader/TaxYr | 0 | 2022 |
Document Assets
No mirrored PDF or thumbnail assets are attached yet.
Filings
Displayed year
2023 • Form 990EZDetailed filing. Detailed filing data is available for this year.
- Assets
- $88,311
- Liabilities
- $38,403
- Net assets
- $49,908
- Revenue
- $88,250
- Expenses
- $118,401
- Net income
- -$30,151
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