Civic Intelligence

Me & Korea Inc.

990EZ • Fiscal year 2017 • EIN 35-2491158

Jan 01, 2017 to Dec 31, 2017 • Filed on May 11, 2018

Organization Profilewww.meandkorea.org
100 Greenwich CTSan Ramon, CA 94582

(802) 363-8924

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

59th percentile

0.00x

Higher debt load relative to assets than 59% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Liabilities / Revenue

58th percentile

0.00x

Higher debt load relative to revenue than 58% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Net Margin

73rd percentile

17%

Higher net margin than 73% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Top Officer Pay

76th percentile

$0

Higher top officer pay than 76% of similar nonprofits.

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

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Asset Growth

78th percentile

30%

Faster asset growth than 78% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Annualized from 2016 to 2017

Revenue Growth

77th percentile

27%

Faster revenue growth than 77% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Annualized from 2016 to 2017

Balance Sheet
Liabilities / Assets59th percentile

Assets

Up

$72,862

Up $16,963 (+30%) from 2016

Net Assets

Up

$72,665

Up $16,766 (+30%) from 2016

Liabilities

$197

No earlier filing loaded for comparison.

Revenue And Expenses
Liabilities / Revenue58th percentileNet Margin73rd percentile

Revenue

Up

$98,500

Up $21,022 (+27%) from 2016

Expenses

Up

$81,734

Up $42,541 (+109%) from 2016

Net Income

Down

$16,766

Down $21,519 (-56%) from 2016

Historical Trend

Balance Sheet Trend

Asset Growth78th percentile

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$300K$200K$100K$0Assets 2014: $7,801Net Assets 2014: $7,8012014Assets 2015: $17,614Net Assets 2015: $17,6142015Assets 2016: $55,899Net Assets 2016: $55,8992016Assets 2017: $72,862Liabilities 2017: $197Net Assets 2017: $72,6652017Assets 2018: $122,956Liabilities 2018: $11Net Assets 2018: $122,9452018Assets 2019: $102,659Liabilities 2019: $2Net Assets 2019: $102,6572019Assets 2020: $115,457Net Assets 2020: $115,4572020Assets 2021: $147,916Net Assets 2021: $147,9162021Assets 2022: $179,506Net Assets 2022: $179,5062022Assets 2023: $206,863Net Assets 2023: $206,8632023Assets 2024: $254,892Net Assets 2024: $254,8922024

Highlighted filing

2017

Assets$72,862
Liabilities$197
Net Assets$72,665
Open 2017 Filing

Operations Trend

Revenue Growth77th percentile

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$200K$100K$0-$100KRevenue 2014: $141,214Expenses 2014: $139,737Net Income 2014: $1,4772014Revenue 2015: $59,277Expenses 2015: $49,464Net Income 2015: $9,8132015Revenue 2016: $77,478Expenses 2016: $39,193Net Income 2016: $38,2852016Revenue 2017: $98,500Expenses 2017: $81,734Net Income 2017: $16,7662017Revenue 2018: $185,500Expenses 2018: $135,220Net Income 2018: $50,2802018Revenue 2019: $90,382Expenses 2019: $110,670Net Income 2019: -$20,2882019Revenue 2020: $59,053Expenses 2020: $46,253Net Income 2020: $12,8002020Revenue 2021: $85,180Expenses 2021: $52,721Net Income 2021: $32,4592021Revenue 2022: $119,979Expenses 2022: $88,389Net Income 2022: $31,5902022Revenue 2023: $126,570Expenses 2023: $99,213Net Income 2023: $27,3572023Revenue 2024: $163,128Expenses 2024: $115,099Net Income 2024: $48,0292024

Highlighted filing

2017

Revenue$98,500
Expenses$81,734
Net Income$16,766
Open 2017 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2017 to Dec 31, 2017
Signed
May 11, 2018
Return Version
2017v2.2
Gross Receipts
$98,500
Mission and Program Overview

Mission

The primary purpose of the organization is to foster cultural unity and provide opportunities and assistance to learn about Korean culture and history, and the family heritages and backgrounds of Korean adoptees and their families.

Program Services

DescriptionGrantsExpenses
The organization provided unique experiences for adult adoptees to learn about Korean culture and history and their own family heritages and backgrounds by organizing 2017 Mosaic Tour. The organization also launched the Wings Program dedicated to helping orphans and youth in South Korea during the year.$75,492-
Compensation and Service Providers
Top Officer Pay76th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Minyoung KimExecutive DirectorPT$0--
Mary O'DonnellVP And DirectorPT$0--
Kyutaeg OhCFO & TreasurerPT$0--
Stephen HillDirectorPT$0--
Jill PfenningVP & SecretaryPT$0--
Filing and Contact Details

Filer

Filer Name
Me & Korea Inc
EIN
35-2491158
Phone
8023638924
Address
100 GREENWICH CT, SAN RAMON, CA 94582

Signing Officer

Name
Jill Pfenning
Title
VP & Secretary
Signed
2018-05-11
Discuss with paid preparer
Yes

Preparer

Firm
Chris K Lee CPA
Address
1202 KIFER RD, SUNNYVALE, CA 94086-5304
Preparer
Chris K Lee
Phone
4086362122
Supplemental Narrative

Additional Explanations

Other Expenses.1012

“Insurance $1439”

Other Expenses.1

“2017 Mosaic Tour Expenses $31825”

Other Expenses.2

“2017 Hapa Tour Expenses $25373”

Other Expenses.3

“Dazzling Hope Book Project $10509”

Other Expenses.4

“SKAF Expenses $4167”

Other Expenses.5

“Bank Charge $2214”

Other Expenses.6

“Wings Angel's Haven Program Ex $1921”

Other Expenses.7

“Nicklus Markson Project $1275”

Other Expenses.9

“2017 IKAA Conference $422”

Other Expenses.10

“Communications $347”

Other Expenses.12

“Supplies $120”

Other Expenses.13

“Business Registration $20”

Other Expenses.14

“Taxes $10”

Total Liabilities.1

“Sales tax payable - Beginning $0 Sales tax payable - Ending $197”

Raw XML Appendix168 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/ActivitiesNotPreviouslyRptInd0false
IRS990EZ/BooksInCareOfDetail/PersonNm0Kyutaeg Oh
IRS990EZ/BooksInCareOfDetail/PhoneNum04086169481
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt0100 GREENWICH CT
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0SAN RAMON
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0CA
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd094582
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt055899
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt072862
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/ContributionsGiftsGrantsEtcAmt081654
IRS990EZ/CostOfGoodsSoldAmt00
IRS990EZ/CostOrOtherBasisExpenseSaleAmt00
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt016766
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt0800
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/ForeignFinancialAccountCntryCd0OC
IRS990EZ/ForeignFinancialAccountInd0true
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form720FiledInd0false
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IRS990EZ/Form990TotalAssetsGrp/EOYAmt072862
IRS990EZ/FundraisingGrossIncomeAmt00
IRS990EZ/GrossReceiptsAmt098500
IRS990EZ/GrossReceiptsForPublicUseAmt00
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InitiationFeesAndCapContriAmt00
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt055899
IRS990EZ/NetAssetsOrFundBalancesEOYAmt072665
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt055899
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt072665
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt025.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt110.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt25.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt35.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt410.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0Minyoung Kim
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1Mary O'Donnell
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2Kyutaeg Oh
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3Stephen Hill
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4Jill Pfenning
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0Executive Dir.
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1VP and Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2CFO & Treasurer
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4VP & Secretary
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationFiled990TInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherExpensesTotalAmt079642
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0The primary purpose of the organization is to foster cultural unity and provide opportunities and assistance to learn about Korean culture and history, and the family heritages and backgrounds of Korean adoptees and their families.
IRS990EZ/PrintingPublicationsPostageAmt01292
IRS990EZ/ProgramServiceRevenueAmt016846
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0The organization provided unique experiences for adult adoptees to learn about Korean culture and history and their own family heritages and backgrounds by organizing 2017 Mosaic Tour. The organization also launched the Wings Program dedicated to helping orphans and youth in South Korea during the year.
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt075492
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/RelatedOrgSect527OrgInd0false
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SpecialEventsDirectExpensesAmt00
IRS990EZ/StatesWhereCopyOfReturnIsFldCd0CA
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt0197
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt081734
IRS990EZ/TotalProgramServiceExpensesAmt075492
IRS990EZ/TotalRevenueAmt098500
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0http://www.meandkorea.org/
IRS990ScheduleA/First5Years170Ind0X
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0In 2014, the Corporation received a one-time grant from the Korean government to conduct a tour for mixed-race Korean adoptees. That tour occurred in October/November 2014, and all grant funds were spent. This grant was unusual both in amount and because it was not expected; the Corporation did not apply for the grant. Specifically, in the summer of 2014, the Corporation helped organize a concert and exhibition performance that various Korean stakeholders attended, including leadership at Korean Adoption Service (KAS), a new agency formed by the Korean government to provide services to overseas Korean adoptees. KAS was impressed with the Corporations work and wanted to contribute funds to the Corporation, so it provided the grant but restricted its use to conducting a tour in 2014 for mixed-race Korean adoptees. The Corporation does not anticipate receiving similar grants from the Korean government in the future and will not require any such grants to conduct its future activities.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0Support Schedule: Other Income Explanation
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt081654
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt056483
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt035731
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt033262
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0207130
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt00
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt068387
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus3YearsAmt0100952
IRS990ScheduleA/OtherIncome170Grp/TotalAmt0100952
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.00000
IRS990ScheduleA/PublicSupportTotal170Amt0207130
IRS990ScheduleA/SubstantialContributorsTotAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/TotalAmt00
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt081654
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt056483
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt035731
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt033262
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0207130
IRS990ScheduleA/TotalSupportAmt0308082
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt00
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Insurance $1439
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt12017 Mosaic Tour Expenses $31825
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt22017 Hapa Tour Expenses $25373
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Dazzling Hope Book Project $10509
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4SKAF Expenses $4167
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5Bank Charge $2214
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6Wings Angel's Haven Program Ex $1921
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7Nicklus Markson Project $1275
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt82017 IKAA Conference $422
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt9Communications $347
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt10Supplies $120
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt11Business Registration $20
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt12Taxes $10
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt13Sales tax payable - Beginning $0 Sales tax payable - Ending $197
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Other Expenses.1012
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Other Expenses.1
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Other Expenses.2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Other Expenses.3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Other Expenses.4
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Other Expenses.5
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Other Expenses.6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7Other Expenses.7
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8Other Expenses.9
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc9Other Expenses.10
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc10Other Expenses.12
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc11Other Expenses.13
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc12Other Expenses.14
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc13Total Liabilities.1
ReturnHeader/BuildTS02018-06-14 16:35:46Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0Jill Pfenning
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0VP & Secretary
ReturnHeader/BusinessOfficerGrp/SignatureDt02018-05-11
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0ME & KOREA INC
ReturnHeader/Filer/BusinessNameControlTxt0ME&K
ReturnHeader/Filer/EIN0352491158
ReturnHeader/Filer/PhoneNum08023638924
ReturnHeader/Filer/USAddress/AddressLine1Txt0100 GREENWICH CT
ReturnHeader/Filer/USAddress/CityNm0SAN RAMON
ReturnHeader/Filer/USAddress/StateAbbreviationCd0CA
ReturnHeader/Filer/USAddress/ZIPCd094582
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0205682312
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0CHRIS K LEE CPA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt01202 KIFER RD
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0SUNNYVALE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0CA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0940865304
ReturnHeader/PreparerPersonGrp/PhoneNum04086362122
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Chris K Lee
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02018-05-11T10:26:34-07:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02017-01-01
ReturnHeader/TaxPeriodEndDt02017-12-31
ReturnHeader/TaxYr02017

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2017 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$72,862
Liabilities
$197
Net assets
$72,665
Revenue
$98,500
Expenses
$81,734
Net income
$16,766
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$2.55$2.55$1.63$1.15$0.48
2023Detailed filing. Detailed filing data is available for this year.$2.07$2.07$1.27$0.99$0.27
2022Detailed filing. Detailed filing data is available for this year.$1.80$1.80$1.20$0.88$0.32
2021Detailed filing. Detailed filing data is available for this year.$1.48$1.48$0.85$0.53$0.32
2020Detailed filing. Detailed filing data is available for this year.$1.15$1.15$0.59$0.46$0.13
2019Detailed filing. Detailed filing data is available for this year.$1.03$0.00$1.03$0.90$1.11$0.20
2018Detailed filing. Detailed filing data is available for this year.$1.23$0.00$1.23$1.86$1.35$0.50
2017Detailed filing. Detailed filing data is available for this year.$0.73$0.00$0.73$0.99$0.82$0.17
2016Detailed filing. Detailed filing data is available for this year.$0.56$0.56$0.77$0.39$0.38
2015Detailed filing. Detailed filing data is available for this year.$0.18$0.18$0.59$0.49$0.10
2014Detailed filing. Detailed filing data is available for this year.$0.08$0.08$1.41$1.40$0.01