Liabilities / Assets
87th percentile
Higher debt load relative to assets than 87% of similar nonprofits.
Korean Traditional Marching Band Inc.
990EZ • Fiscal year 2024 • EIN 27-0536321
Siviq Scores
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
0.58x
Liabilities / Revenue
88th percentile
Higher debt load relative to revenue than 88% of similar nonprofits.
Net Margin
11th percentile
Higher net margin than 11% of similar nonprofits.
Top Officer Pay
94th percentile
Higher top officer pay than 94% of similar nonprofits.
Top officer pay equals 21.8% of source-year revenue.
Asset Growth
21st percentile
Faster asset growth than 21% of similar nonprofits.
Revenue Growth
77th percentile
Faster revenue growth than 77% of similar nonprofits.
Balance Sheet
Assets
Down$64,138
Down $24,173 (-27%) from 2023
Net Assets
Down$27,066
Down $22,842 (-46%) from 2023
Liabilities
Down$37,072
Down $1,331 (-3.5%) from 2023
Revenue And Expenses
Revenue
Up$124,017
Up $35,767 (+41%) from 2023
Expenses
Up$146,858
Up $28,457 (+24%) from 2023
Net Income
Up-$22,841
Up $7,310 (+24%) from 2023
Historical Trend
Jump To
Filing Snapshot
- Filing Period
- May 1, 2023 to Apr 30, 2024
- Signed
- Jun 24, 2024
- Return Version
- 2023v5.0
- Gross Receipts
- $124,017
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. | - | $68,147 |
Compensation and Service Providers
Employees
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| LEE CHUN SEUNG | President | PT | $27,000 | - | $27,000 |
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
- 2024-06-24
- Discuss with paid preparer
- Yes
Preparer
- Firm
- Taehyung Kim CPA Pc
- Address
- 45-16 162ND STREET 203, FLUSHING, NY 11358-3158
- Preparer
- Taehyung Kim CPA
- Phone
- 7184452546
Supplemental Narrative
Additional Explanations
Form 990-ez, Part I, Line 16
“Expenses contribution / advertising 3,300 office expense 1,029 1,345 insurance 519 bank charge 101 performing event 57,565 camp exp. 7,282 auto exp. 1,100 permit & fees 50 non-investment depreciation 159 total 72,450”
Form 990-ez, Part II, Line 24
“Loans to officer 0 0 prepaid expenses and deferred charges 0 1,165 leasehold improvement 12,116 12,116 less accumulated depreciation 11,864 12,023 security deposit 3,200 3,200 total 3,452 4,458”
Form 990-ez, Part II, Line 26
“Accounts payable and accrued expenses 2,442 1,316 sba eidl loan 35,962 35,756”
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 | 84859 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt | 0 | 59680 |
| IRS990EZ/ChgMadeToOrgnzngDocNotRptInd | 0 | false |
| IRS990EZ/ContributionsGiftsGrantsEtcAmt | 0 | 69250 |
| IRS990EZ/DonorAdvisedFndsInd | 0 | false |
| IRS990EZ/EngagedInExcessBenefitTransInd | 0 | false |
| IRS990EZ/ExcessOrDeficitForYearAmt | 0 | -22841 |
| IRS990EZ/FeesAndOtherPymtToIndCntrctAmt | 0 | 7050 |
| IRS990EZ/FiledScheduleAInd | 0 | true |
| IRS990EZ/ForeignFinancialAccountInd | 0 | false |
| IRS990EZ/ForeignOfficeInd | 0 | false |
| IRS990EZ/Form1120PolFiledInd | 0 | false |
| IRS990EZ/Form990TotalAssetsGrp/BOYAmt | 0 | 88311 |
| IRS990EZ/Form990TotalAssetsGrp/EOYAmt | 0 | 64138 |
| IRS990EZ/GrossReceiptsAmt | 0 | 124017 |
| 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 | 49907 |
| IRS990EZ/NetAssetsOrFundBalancesEOYAmt | 0 | 27066 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt | 0 | 49907 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt | 0 | 27066 |
| IRS990EZ/OccupancyRentUtltsAndMaintAmt | 0 | 21000 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 0 | 20.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 0 | 27000 |
| 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 | 3452 |
| IRS990EZ/OtherAssetsTotalDetail/EOYAmt | 0 | 4458 |
| IRS990EZ/OtherExpensesTotalAmt | 0 | 72450 |
| 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 | 54767 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 0 | PERFORMANCE EVENTS AND CONCERTS WITH THE PURPOSE THAT DESCRIBED IN SCHEDULE O. |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt | 0 | 68147 |
| IRS990EZ/ProhibitedTaxShelterTransInd | 0 | false |
| IRS990EZ/RelatedOrganizationCtrlEntInd | 0 | false |
| IRS990EZ/SalariesOtherCompEmplBnftAmt | 0 | 46358 |
| IRS990EZ/ScheduleBNotRequiredInd | 0 | X |
| IRS990EZ/SchoolOperatingInd | 0 | false |
| IRS990EZ/SubjectToProxyTaxInd | 0 | false |
| IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt | 0 | 38404 |
| IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt | 0 | 37072 |
| IRS990EZ/TanningServicesProvidedInd | 0 | false |
| IRS990EZ/TotalExpensesAmt | 0 | 146858 |
| IRS990EZ/TotalProgramServiceExpensesAmt | 0 | 68147 |
| IRS990EZ/TotalRevenueAmt | 0 | 124017 |
| IRS990EZ/TransactionWithControlEntInd | 0 | false |
| IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd | 0 | false |
| IRS990EZ/TypeOfOrganizationCorpInd | 0 | X |
| IRS990EZ/WebsiteAddressTxt | 0 | WWW.NYKTMB.ORG |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt | 0 | 69250 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt | 0 | 59490 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 99779 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 23603 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt | 0 | 53948 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt | 0 | 306070 |
| IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt | 0 | 235342 |
| IRS990ScheduleA/PublicOrganization170Ind | 0 | X |
| IRS990ScheduleA/PublicSupportCY170Pct | 0 | 1.00000 |
| IRS990ScheduleA/PublicSupportPY170Pct | 0 | 1.00000 |
| IRS990ScheduleA/PublicSupportTotal170Amt | 0 | 306070 |
| IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind | 0 | X |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt | 0 | 69250 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt | 0 | 59490 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 99779 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 23603 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt | 0 | 53948 |
| IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt | 0 | 306070 |
| IRS990ScheduleA/TotalSupportAmt | 0 | 306070 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | EXPENSES CONTRIBUTION / ADVERTISING 3,300 OFFICE EXPENSE 1,029 1,345 INSURANCE 519 BANK CHARGE 101 PERFORMING EVENT 57,565 CAMP EXP. 7,282 AUTO EXP. 1,100 PERMIT & FEES 50 NON-INVESTMENT DEPRECIATION 159 TOTAL 72,450 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | LOANS TO OFFICER 0 0 PREPAID EXPENSES AND DEFERRED CHARGES 0 1,165 LEASEHOLD IMPROVEMENT 12,116 12,116 LESS ACCUMULATED DEPRECIATION 11,864 12,023 SECURITY DEPOSIT 3,200 3,200 TOTAL 3,452 4,458 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | ACCOUNTS PAYABLE AND ACCRUED EXPENSES 2,442 1,316 SBA EIDL LOAN 35,962 35,756 |
| 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 | 2024-06-24 |
| 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 | 933195127 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt | 0 | TAEHYUNG KIM CPA PC |
| 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 | 2024-07-03 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | TAEHYUNG KIM CPA |
| ReturnHeader/ReturnTs | 0 | 2024-07-03T17:41:34-04:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990EZ |
| ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm | 0 | CHUN SEUNG |
| ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm | 0 | LEE |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2023-05-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2024-04-30 |
| ReturnHeader/TaxYr | 0 | 2023 |
Document Assets
No mirrored PDF or thumbnail assets are attached yet.
Filings
Displayed year
2024 • Form 990EZDetailed filing. Detailed filing data is available for this year.
- Assets
- $64,138
- Liabilities
- $37,072
- Net assets
- $27,066
- Revenue
- $124,017
- Expenses
- $146,858
- Net income
- -$22,841