Civic Intelligence

Korean Alumni of UCLA

EIN 35-2344404 • 501(c)3 • Los Angeles, CA

Profile

Organization raised funds to provide an opportunity for fellowship among the members and to contribute financial and emotional support to korean american students at ucla, as part of organizations' purpose, organization had a christmas party and donated scholarships to the school.

3550 Wilshire Blvd Suite 640Los Angeles, CA 90010
Siviq Scores

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

Liabilities / Assets

59th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

501(c)3 • <$500k nonprofits • Source year 2016

Liabilities / Revenue

61st percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

501(c)3 • <$500k nonprofits • Source year 2016

Net Margin

5th percentile

-268%

Higher net margin than 5% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2016

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

30th percentile

-21%

Faster asset growth than 30% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2015 to 2016

Revenue Growth

10th percentile

-74%

Faster revenue growth than 10% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2015 to 2016

Assets

Down

$37,656

Down $9,857 (-21%) from 2015

Liabilities

Flat

$0

Flat from 2015

Net Assets

Down

$37,656

Down $9,857 (-21%) from 2015

Revenue

Down

$3,675

Down $10,489 (-74%) from 2015

Expenses

Down

$13,532

Down $8,209 (-38%) from 2015

Net Income

Down

-$9,857

Down $2,280 (-30%) from 2015

Trend Graphs

Balance Sheet Trend

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

$60K$40K$20K$0Assets 2010: $39,245Liabilities 2010: $0Net Assets 2010: $39,2452010Assets 2011: $38,075Liabilities 2011: $0Net Assets 2011: $38,0752011Assets 2012: $43,722Liabilities 2012: $0Net Assets 2012: $43,7222012Assets 2013: $52,366Liabilities 2013: $6,000Net Assets 2013: $46,3662013Assets 2014: $55,090Liabilities 2014: $0Net Assets 2014: $55,0902014Assets 2015: $47,513Liabilities 2015: $0Net Assets 2015: $47,5132015Assets 2016: $37,656Liabilities 2016: $0Net Assets 2016: $37,6562016

Highlighted filing

2016

Assets$37,656
Liabilities$0
Net Assets$37,656

Operations Trend

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

$30K$20K$10K$0-$10KExpenses 2010: $15,2692010Expenses 2011: $25,2002011Expenses 2012: $14,4742012Revenue 2013: $18,590Expenses 2013: $15,946Net Income 2013: $2,6442013Revenue 2014: $26,760Expenses 2014: $18,036Net Income 2014: $8,7242014Revenue 2015: $14,164Expenses 2015: $21,741Net Income 2015: -$7,5772015Revenue 2016: $3,675Expenses 2016: $13,532Net Income 2016: -$9,8572016

Highlighted filing

2016

Revenue$3,675
Expenses$13,532
Net Income-$9,857

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2016 to Dec 31, 2016
Signed
Nov 6, 2017
Return Version
2016v3.0
Gross Receipts
$3,675
Mission and Program Overview

Mission

Organization raises funds to provide opportunities for fellowship among the members and to contribute financial and emotional support to korean american students at ucla. As part of organization's purpose, organization hosts a christmas party and donates scholarship funds.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$47,513$37,656▼ $9,857
Total Assets$47,513$37,656▼ $9,857
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Unrestricted Net Assets$47,513$37,656▼ $9,857
Total Net Assets Fund Balance$47,513$37,656▼ $9,857
Total Liabilities and Net Assets / Fund Balance$47,513$37,656▼ $9,857
Compensation and Service Providers

Board Members and Trustees

NameTitle
Jae Min JangPresident
Teri LimSecretary
Jane KimTreasurer
Kay SongVice Preside
Revenue and Support

Revenue Composition

Contributions and Grants
$3,675
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$0
All Other Contributions
$3,675
Change in Net Assets
$-9,857
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$13,532
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Conferences and Meetings-$10,182-$10,182
Fees for Services Accounting-$980-$980
Other Expenses$1,000$20-$20
Total Functional Expenses$1,000$12,532$0$13,532
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 11B

Financial statements and form 990 tax return were reviewed by the president and the board's members before the form 990 tax return was filed. Also, a final copy of the form 990 was forwarded to all of the board members.

Form 990, Page 6, Part VI, Line 19

Governing documents disclosure explanation upon request.

Filing and Contact Details

Filer

Filer Name
Korean Alumni of Ucla
EIN
35-2344404
Address
3550 WILSHIRE BLVD SUITE 640, LOS ANGELES, CA 90010

Signing Officer

Name
Jane Kim
Title
Treasurer
Signed
2017-11-06

Organization Details

Principal Officer
Kay Song
Formed
2008
Legal Domicile
CA
Voting Board Members
4
Independent Board Members
4
Employees
0
Volunteers
5

Preparer

Firm
Cho & Kahng an Accountancy Corporation
Address
3250 WILSHIRE BLVD STE 1502, LOS ANGELES, CA 90010-1607
Preparer
Stephen Y Cho
Phone
2133830700
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

Organization raises funds to provide opportunities for fellowship among the members and to contribute financial and emotional support to korean american students at ucla. As part of organization's purpose, organization hosts a christmas party and donates scholarship funds.

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This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 11B
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ReturnHeader/Filer/EIN0352344404
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ReturnHeader/PreparerPersonGrp/PhoneNum02133830700
ReturnHeader/PreparerPersonGrp/PreparationDt02017-11-06
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0STEPHEN Y CHO
ReturnHeader/ReturnTs02017-11-14T10:49:23-08:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02016-01-01
ReturnHeader/TaxPeriodEndDt02016-12-31
ReturnHeader/TaxYr02016

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