Civic Intelligence

Korean-American Youth Orchestra Inc

EIN 27-2429439 • 501(c)3 • Commack, NY

Profile

The non-business and non-pecuniary purpose of the corporation is to establish and operate a youth orchestra to provide opportunites for the general public, particulary the elderly, the handicapped and the homeless to enjoy free soul soothing music; and help to develop young adults' value and charchacter to take a leading role to participate and help others in need through the orchestra activity; and to do any other acts incidental to or connected with foregoing purpose or in thereof.

199 Commack RdCommack, NY 11725

n/A

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

93rd percentile

0.90x

Higher debt load relative to assets than 93% of similar nonprofits.

NTEE A68 • <$500k nonprofits • Source year 2018

Liabilities / Revenue

92nd percentile

0.45x

Higher debt load relative to revenue than 92% of similar nonprofits.

NTEE A68 • <$500k nonprofits • Source year 2018

Net Margin

12th percentile

-32%

Higher net margin than 12% of similar nonprofits.

NTEE A68 • <$500k nonprofits • Source year 2018

Top Officer Pay

73rd percentile

$0

Higher top officer pay than 73% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

NTEE A68 • <$500k nonprofits • Source year 2018

Asset Growth

16th percentile

-36%

Faster asset growth than 16% of similar nonprofits.

NTEE A68 • <$500k nonprofits • Annualized from 2017 to 2018

Revenue Growth

63rd percentile

15%

Faster revenue growth than 63% of similar nonprofits.

NTEE A68 • <$500k nonprofits • Annualized from 2017 to 2018

Balance Sheet
Liabilities / Assets93rd percentile

Assets

Down

$715

Down $406 (-36%) from 2017

Liabilities

Up

$641

Up $50 (+8.5%) from 2017

Net Assets

Down

$74

Down $456 (-86%) from 2017

Operations
Liabilities / Revenue92nd percentileNet Margin12th percentile

Revenue

Up

$1,440

Up $190 (+15%) from 2017

Expenses

Up

$1,896

Up $661 (+54%) from 2017

Net Income

Down

-$456

Down $471 (-3140%) from 2017

Trend Graphs

Balance Sheet Trend

Asset Growth16th percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$1.5K$1.0K$500$0-$500Assets 2014: $696Liabilities 2014: $719Net Assets 2014: -$232014Assets 2015: $800Liabilities 2015: $769Net Assets 2015: $312015Assets 2016: $1,335Liabilities 2016: $820Net Assets 2016: $5152016Assets 2017: $1,121Liabilities 2017: $591Net Assets 2017: $5302017Assets 2018: $715Liabilities 2018: $641Net Assets 2018: $742018

Highlighted filing

2018

Assets$715
Liabilities$641
Net Assets$74
Open 2018 Filing

Operations Trend

Revenue Growth63rd percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

$6.0K$4.0K$2.0K$0-$2.0KRevenue 2014: $1,112Expenses 2014: $1,150Net Income 2014: -$382014Revenue 2015: $3,950Expenses 2015: $3,896Net Income 2015: $542015Revenue 2016: $5,459Expenses 2016: $4,975Net Income 2016: $4842016Revenue 2017: $1,250Expenses 2017: $1,235Net Income 2017: $152017Revenue 2018: $1,440Expenses 2018: $1,896Net Income 2018: -$4562018

Highlighted filing

2018

Revenue$1,440
Expenses$1,896
Net Income-$456
Open 2018 Filing

Filings

Most recent year

2018 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$715
Liabilities
$641
Net assets
$74
Revenue
$1,440
Expenses
$1,896
Net income
-$456
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2018Detailed filing. Detailed filing data is available for this year.$715$641$74$1,440$1,896$456
2017Detailed filing. Detailed filing data is available for this year.$1,121$591$530$1,250$1,235$15
2016Detailed filing. Detailed filing data is available for this year.$1,335$820$515$5,459$4,975$484
2015Detailed filing. Detailed filing data is available for this year.$800$769$31$3,950$3,896$54
2014Detailed filing. Detailed filing data is available for this year.$696$719$23$1,112$1,150$38
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2018 to Dec 31, 2018
Signed
May 2, 2019
Return Version
2018v3.1
Gross Receipts
$1,440
Mission and Program Overview

Mission

The non-business and non-pecuniary purpose of the corporation is to establish and operate a youth orchestra to provide opportunites for the general public, particulary the elderly, the handicapped and the homeless to enjoy free soul soothing music; and help to develop young adults' value and charchacter to take a leading role to participate and help others in need through the orchestra activity; and to do any other acts incidental to or connected with foregoing purpose or in thereof.

Program Services

DescriptionGrantsExpenses
THE NON-BUSINESS AND NON-PECUNIARY PURPOSE OF THE CORPORATION IS TO ESTABLISH AND OPERATE A YOUTH ORCHESTRA TO PROVIDE OPPORTUNITES FOR THE GENERAL PUBLIC, PARTICULARY THE ELDERLY, THE HANDICAPPED AND THE HOMELESS TO ENJOY FREE SOUL SOOTHING MUSIC; AND HELP TO DEVELOP YOUNG ADULTS' VALUE AND CHARCHACTER TO TAKE A LEADING ROLE TO PARTICIPATE AND HELP OTHERS IN NEED THROUGH THE ORCHESTRA ACTIVITY; AND TO DO ANY OTHER ACTS INCIDENTAL TO OR CONNECTED WITH FOREGOING PURPOSE OR IN THEREOF.-$1,896
Compensation and Service Providers
Top Officer Pay73rd percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
OK HYUN CHOPresident-$0--
Filing and Contact Details

Filer

Filer Name
Korean-american Youth Orchestra Inc
EIN
27-2429439
Address
199 COMMACK RD, COMMACK, NY 11725

Signing Officer

Name
Ok Hyun Cho
Title
President
Signed
2019-05-02
Discuss with paid preparer
Yes

Preparer

Firm
David Shin CPA Pc
Address
21814 NORTHERN BLVD STE 108, BAYSIDE, NY 11361-3580
Preparer
David Shin CPA
Phone
7183520884
Supplemental Narrative

Additional Explanations

Form 990-ez, Part II, Line 26

“LOAN FROM OTHERS 591 641”

Form 990-ez, Part III

“The non-business and non-pecuniary purpose of the corporation is to establish and operate a youth orchestra to provide opportunites for the general public, particulary the elderly, the handicapped and the homeless to enjoy free soul soothing music; and help to develop young adults' value and charchacter to take a leading role to participate and help others in need through the orchestra activity; and to do any other acts incidental to or connected with foregoing purpose or in thereof.”

Form 990-ez, Part III, Line 28

“The non-business and non-pecuniary purpose of the corporation is to establish and operate a youth orchestra to provide opportunites for the general public, particulary the elderly, the handicapped and the homeless to enjoy free soul soothing music; and help to develop young adults' value and charchacter to take a leading role to participate and help others in need through the orchestra activity; and to do any other acts incidental to or connected with foregoing purpose or in thereof.”

Raw XML Appendix118 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/PersonNm0OK HYUN CHO
IRS990EZ/BooksInCareOfDetail/PhoneNum09178815051
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt040 SALLY LANE
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine2Txt040 SALLY LANE
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0PLAINVIEW
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0NY
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd011803
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt01121
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt0715
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/ContributionsGiftsGrantsEtcAmt01440
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt0-456
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt01896
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt01121
IRS990EZ/Form990TotalAssetsGrp/EOYAmt0715
IRS990EZ/GrossReceiptsAmt01440
IRS990EZ/InfoInScheduleOPartIIIInd0X
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingAccrualInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt0530
IRS990EZ/NetAssetsOrFundBalancesEOYAmt074
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt0530
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt074
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt0000.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0OK HYUN CHO
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0PRESIDENT
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0THE NON-BUSINESS AND NON-PECUNIARY PURPOSE OF THE CORPORATION IS TO ESTABLISH AND OPERATE A YOUTH ORCHESTRA TO PROVIDE OPPORTUNITES FOR THE GENERAL PUBLIC, PARTICULARY THE ELDERLY, THE HANDICAPPED AND THE HOMELESS TO ENJOY FREE SOUL SOOTHING MUSIC; AND HELP TO DEVELOP YOUNG ADULTS' VALUE AND CHARCHACTER TO TAKE A LEADING ROLE TO PARTICIPATE AND HELP OTHERS IN NEED THROUGH THE ORCHESTRA ACTIVITY; AND TO DO ANY OTHER ACTS INCIDENTAL TO OR CONNECTED WITH FOREGOING PURPOSE OR IN THEREOF.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0THE NON-BUSINESS AND NON-PECUNIARY PURPOSE OF THE CORPORATION IS TO ESTABLISH AND OPERATE A YOUTH ORCHESTRA TO PROVIDE OPPORTUNITES FOR THE GENERAL PUBLIC, PARTICULARY THE ELDERLY, THE HANDICAPPED AND THE HOMELESS TO ENJOY FREE SOUL SOOTHING MUSIC; AND HELP TO DEVELOP YOUNG ADULTS' VALUE AND CHARCHACTER TO TAKE A LEADING ROLE TO PARTICIPATE AND HELP OTHERS IN NEED THROUGH THE ORCHESTRA ACTIVITY; AND TO DO ANY OTHER ACTS INCIDENTAL TO OR CONNECTED WITH FOREGOING PURPOSE OR IN THEREOF.
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt01896
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt0591
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt0641
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt01896
IRS990EZ/TotalProgramServiceExpensesAmt01896
IRS990EZ/TotalRevenueAmt01440
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt01440
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt01250
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt05459
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt03950
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt01112
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt013211
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct01.00000
IRS990ScheduleA/PublicSupportPY170Pct01.00000
IRS990ScheduleA/PublicSupportTotal170Amt013211
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt01440
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt01250
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt05459
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt03950
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt01112
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt013211
IRS990ScheduleA/TotalSupportAmt013211
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0LOAN FROM OTHERS 591 641
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE NON-BUSINESS AND NON-PECUNIARY PURPOSE OF THE CORPORATION IS TO ESTABLISH AND OPERATE A YOUTH ORCHESTRA TO PROVIDE OPPORTUNITES FOR THE GENERAL PUBLIC, PARTICULARY THE ELDERLY, THE HANDICAPPED AND THE HOMELESS TO ENJOY FREE SOUL SOOTHING MUSIC; AND HELP TO DEVELOP YOUNG ADULTS' VALUE AND CHARCHACTER TO TAKE A LEADING ROLE TO PARTICIPATE AND HELP OTHERS IN NEED THROUGH THE ORCHESTRA ACTIVITY; AND TO DO ANY OTHER ACTS INCIDENTAL TO OR CONNECTED WITH FOREGOING PURPOSE OR IN THEREOF.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE NON-BUSINESS AND NON-PECUNIARY PURPOSE OF THE CORPORATION IS TO ESTABLISH AND OPERATE A YOUTH ORCHESTRA TO PROVIDE OPPORTUNITES FOR THE GENERAL PUBLIC, PARTICULARY THE ELDERLY, THE HANDICAPPED AND THE HOMELESS TO ENJOY FREE SOUL SOOTHING MUSIC; AND HELP TO DEVELOP YOUNG ADULTS' VALUE AND CHARCHACTER TO TAKE A LEADING ROLE TO PARTICIPATE AND HELP OTHERS IN NEED THROUGH THE ORCHESTRA ACTIVITY; AND TO DO ANY OTHER ACTS INCIDENTAL TO OR CONNECTED WITH FOREGOING PURPOSE OR IN THEREOF.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART II, LINE 26
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART III
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART III, LINE 28
ReturnHeader/BuildTS02019-02-21 02:37:17Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0OK HYUN CHO
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/SignatureDt02019-05-02
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0KOREAN-AMERICAN YOUTH ORCHESTRA INC
ReturnHeader/Filer/BusinessNameControlTxt0KORE
ReturnHeader/Filer/EIN0272429439
ReturnHeader/Filer/USAddress/AddressLine1Txt0199 COMMACK RD
ReturnHeader/Filer/USAddress/CityNm0COMMACK
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NY
ReturnHeader/Filer/USAddress/ZIPCd011725
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId0BFB5A37064B1E3EEFBB01D35D569D8AFED9EC1AB
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId0BFB5A37064B1E3EEFBB01D35D569D8AFED9EC1AB
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt0108.27.26.81
ReturnHeader/FilingSecurityInformation/IPDt02019-05-02
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0CD
ReturnHeader/FilingSecurityInformation/IPTm013:47:23
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0113323329
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0DAVID SHIN CPA PC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt021814 NORTHERN BLVD STE 108
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0BAYSIDE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0113613580
ReturnHeader/PreparerPersonGrp/PhoneNum07183520884
ReturnHeader/PreparerPersonGrp/PreparationDt02019-05-02
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0DAVID SHIN CPA
ReturnHeader/ReturnTs02019-05-02T13:47:23-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02018-01-01
ReturnHeader/TaxPeriodEndDt02018-12-31
ReturnHeader/TaxYr02018

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