Civic Intelligence

Korean American Community Housing Services Inc.

990 • Fiscal year 2016 • EIN 38-2517932

Mar 01, 2015 to Feb 29, 2016 • Filed on Jun 16, 2016

Organization ProfileN/A
950 Corporate Office Drive Rm 200Milford, MI 48381

(810) 220-2639

Siviq Scores

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

Liabilities / Assets

96th percentile

1.47x

Higher debt load relative to assets than 96% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Liabilities / Revenue

95th percentile

4.79x

Higher debt load relative to revenue than 95% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Net Margin

34th percentile

-2.5%

Higher net margin than 34% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Top Officer Pay

35th percentile

$0

Higher top officer pay than 35% of similar nonprofits.

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

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Asset Growth

36th percentile

-1.7%

Faster asset growth than 36% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2015 to 2016

Revenue Growth

34th percentile

-2.9%

Faster revenue growth than 34% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2015 to 2016

Balance Sheet
Liabilities / Assets96th percentile

Assets

Down

$2,490,847

Down $43,076 (-1.7%) from 2015

Net Assets

Down

-$1,158,587

Down $19,053 (-1.7%) from 2015

Liabilities

Down

$3,649,434

Down $24,023 (-0.7%) from 2015

Revenue And Expenses
Liabilities / Revenue95th percentileNet Margin34th percentile

Revenue

Down

$761,607

Down $22,860 (-2.9%) from 2015

Expenses

Down

$780,660

Down $10,116 (-1.3%) from 2015

Net Income

Down

-$19,053

Down $12,744 (-202%) from 2015

Historical Trend

Balance Sheet Trend

Asset Growth36th percentile

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

$4.0M$2.0M$0-$2.0MAssets 2012: $2,751,856Liabilities 2012: $3,739,771Net Assets 2012: -$987,9152012Assets 2013: $2,649,357Liabilities 2013: $3,726,254Net Assets 2013: -$1,076,8972013Assets 2014: $2,611,353Liabilities 2014: $3,688,024Net Assets 2014: -$1,076,6712014Assets 2015: $2,533,923Liabilities 2015: $3,673,457Net Assets 2015: -$1,139,5342015Assets 2016: $2,490,847Liabilities 2016: $3,649,434Net Assets 2016: -$1,158,5872016Assets 2017: $2,347,530Liabilities 2017: $3,550,929Net Assets 2017: -$1,203,3992017Assets 2018: $2,271,480Liabilities 2018: $3,490,169Net Assets 2018: -$1,218,6892018Assets 2019: $2,147,226Liabilities 2019: $3,379,099Net Assets 2019: -$1,231,8732019Assets 2020: $2,080,509Liabilities 2020: $3,297,654Net Assets 2020: -$1,217,1452020Assets 2021: $2,016,074Liabilities 2021: $3,268,135Net Assets 2021: -$1,252,0612021Assets 2022: $1,976,370Liabilities 2022: $3,162,220Net Assets 2022: -$1,185,8502022Assets 2023: $2,000,555Liabilities 2023: $3,151,229Net Assets 2023: -$1,150,6742023Assets 2024: $1,956,539Liabilities 2024: $3,073,132Net Assets 2024: -$1,116,5932024Assets 2025: $1,908,155Liabilities 2025: $3,031,902Net Assets 2025: -$1,123,7472025

Highlighted filing

2016

Assets$2,490,847
Liabilities$3,649,434
Net Assets-$1,158,587
Open 2016 Filing

Operations Trend

Revenue Growth34th percentile

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

$1.0M$500K$0-$500KRevenue 2012: $783,204Expenses 2012: $788,460Net Income 2012: -$5,2562012Revenue 2013: $773,505Expenses 2013: $862,487Net Income 2013: -$88,9822013Revenue 2014: $761,619Expenses 2014: $761,393Net Income 2014: $2262014Revenue 2015: $784,467Expenses 2015: $790,776Net Income 2015: -$6,3092015Revenue 2016: $761,607Expenses 2016: $780,660Net Income 2016: -$19,0532016Revenue 2017: $722,268Expenses 2017: $767,080Net Income 2017: -$44,8122017Revenue 2018: $818,084Expenses 2018: $833,374Net Income 2018: -$15,2902018Revenue 2019: $795,451Expenses 2019: $808,635Net Income 2019: -$13,1842019Revenue 2020: $807,398Expenses 2020: $792,670Net Income 2020: $14,7282020Revenue 2021: $814,322Expenses 2021: $849,238Net Income 2021: -$34,9162021Revenue 2022: $873,637Expenses 2022: $807,426Net Income 2022: $66,2112022Revenue 2023: $877,284Expenses 2023: $842,108Net Income 2023: $35,1762023Revenue 2024: $878,916Expenses 2024: $844,835Net Income 2024: $34,0812024Revenue 2025: $877,805Expenses 2025: $884,959Net Income 2025: -$7,1542025

Highlighted filing

2016

Revenue$761,607
Expenses$780,660
Net Income-$19,053
Open 2016 Filing
Jump To
Filing Snapshot
Filing Period
Mar 1, 2015 to Feb 29, 2016
Signed
Jun 16, 2016
Return Version
2015v2.1
Gross Receipts
$761,607
Mission and Program Overview

Mission

Provide rental payments for seniors

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$2,007,335$1,935,865▼ $71,470
Savings and Temporary Cash Investments$55,129$57,881▲ $2,752
Accounts Receivable$17,856$15,688▼ $2,168
Cash and Non-Interest-Bearing Accounts$300$300→ $0
Rtn Earn Endowment Incm Other Fnds$-1,139,534$-1,158,587▼ $19,053
Total Assets$2,533,923$2,490,847▼ $43,076
Other Assets Total$453,303$481,113▲ $27,810
Liabilities
Mortgage Notes Payable Secured by Investment Property$3,569,635$3,521,146▼ $48,489
Other Liabilities$68,018$90,070▲ $22,052
Accounts Payable and Accrued Expenses$35,804$37,897▲ $2,093
Deferred Revenue-$321-
Total Liabilities$3,673,457$3,649,434▼ $24,023
Net Assets / Fund Balance
Total Net Assets Fund Balance$-1,139,534$-1,158,587▼ $19,053
Total Liabilities and Net Assets / Fund Balance$2,533,923$2,490,847▼ $43,076

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$1,640,865$2,617,259$4,258,124
Land$295,000-$295,000
Other Assets Org$3,973--
Compensation and Service Providers
Top Officer Pay35th percentile

Board Members and Trustees

NameTitle
Jin Sang KimPresident
Bu Chul YuBoard
Byung Hun ChungBoard
David Haesik KimBoard
Hi Chul SongBoard
Hwa ChongBoard
Hwa Kyung StacyBoard
Hyun Chan ShinBoard
Jaehoon JangBoard
Junhyo J RimBoard
Sang Kyu ChangBoard
Sin Kang ChoBoard
Soraya KimBoard
Un Suk YoBoard
Dr Jyung K KimVP
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$758,504
Investment Income
$334
Other Revenue
$2,769
Change in Net Assets
$-19,053

Audited Revenue Reconciliation

Revenue per Audited Statements
$761,607
Total Revenue per Audited Statements
$761,607
Total Revenue per Form 990
$761,607
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$679,732
Salaries, Compensation, and Employee Benefits$100,928
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Interest$217,932--$217,932
Depreciation Depletion$115,142--$115,142
All Other Expenses$39,151$44,440-$83,591
Other Salaries and Wages$48,161$34,825-$82,986
Other Expenses$38,299$46,880-$38,299
Insurance$37,324--$37,324
Other Employee Benefits$9,150--$9,150
Fees for Services Accounting$8,900--$8,900
Payroll Taxes$8,792--$8,792
Office Expenses$8,247--$8,247
Fees for Services Legal$2,568--$2,568
Advertising$438--$438
Total Functional Expenses$654,515$126,145$0$780,660

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$780,660
Total Expenses per Audited Statements$780,660
Total Expenses per Form 990$780,660
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
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Residual Receipts Available/ Recap.$78,606
Security Deposits$11,464
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Backup withholding compliance
No
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
Yes

Governance Explanations

Form 990, Page 6, Part VI, Line 3

“The organization delegates control over management duties performmed by a management company.”

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

“The auditing firm produces the audit and prepares the tax return. Management and the board reviews the return.”

Form 990, Page 6, Part VI, Line 19

“The organization makes its governing documents and financial statements available to the public upon request.”

Filing and Contact Details

Filer

Filer Name
Korean American Community
EIN
38-2517932
Address
950 CORPORATE OFFICE DRIVE RM 200, MILFORD, MI 48381

Signing Officer

Name
Jin Sang Kim
Title
President
Signed
2016-06-16

Organization Details

Principal Officer
Jin Sang Kim
Voting Board Members
15
Independent Board Members
15
Employees
0

Preparer

Firm
Bordman Winnick & Trzos Plc
Address
7439 MIDDLEBELT RD STE 3, W BLOOMFIELD, MI 48322
Preparer
Robert F Winnick CPA
Phone
2488515350
Supplemental Narrative

Additional Explanations

Form 990, Page 2, Part III, Line 4D

“MANAGEMENT FEES 38,299.”

Form 990, Part IX, Line 24E

“Maintenance 0 33,854 0 miscellaneous financing 22,713 0 0 security contract 0 10,586 0 miscellaneous administrat 4,974 0 0 misc. Taxes and insurance 3,536 0 0 amortization 3,004 0 0 workers compensation 2,813 0 0 bad debt 1,361 0 0 taxes 750 0 0”

Raw XML AppendixShowing 400 of 421 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.

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IRS990/PrincipalOfficerNm0JIN SANG KIM
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/Desc0HUD
IRS990/ProgramServiceRevenueGrp/Desc1INDIVIDUAL
IRS990/ProgramServiceRevenueGrp/Desc2SERVICE COORDINATOR
IRS990/ProgramServiceRevenueGrp/Desc3SPECIAL CLAIMS INCOME
IRS990/ProgramServiceRevenueGrp/Desc4LESS VACANCY LOSS
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0506346
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1205786
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt248376
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt3369
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt4-2373
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0506346
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1205786
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt248376
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt3369
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt4-2373
IRS990/ProgSrvcAccomActyOtherGrp/Desc0MANAGEMENT FEES 38,299.
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt0438
IRS990/PYOtherExpensesAmt0690811
IRS990/PYOtherRevenueAmt02671
IRS990/PYProgramServiceRevenueAmt0781358
IRS990/PYRevenuesLessExpensesAmt0-6309
IRS990/PYSalariesCompEmpBnftPaidAmt099965
IRS990/PYTotalExpensesAmt0790776
IRS990/PYTotalRevenueAmt0784467
IRS990/ReconcilationRevenueExpnssAmt0-19053
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0true
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt0-1139534
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt0-1158587
IRS990/SavingsAndTempCashInvstGrp/BOYAmt055129
IRS990/SavingsAndTempCashInvstGrp/EOYAmt057881
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0OTHER REVENUE 16,816
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0PART II, LINE 10
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0758501
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0781358
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0758784
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0770461
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0776048
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt03845152
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt0334
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt0438
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt0438
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt0487
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt0734
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt02431
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt0761273
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearAmt02769
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus1YearAmt02671
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus2YearsAmt02397
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus3YearsAmt02557
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus4YearsAmt06422
IRS990ScheduleA/OtherIncome170Grp/TotalAmt016816
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.99500
IRS990ScheduleA/PublicSupportPY170Pct00.99490
IRS990ScheduleA/PublicSupportTotal170Amt03845152
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0758501
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0781358
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0758784
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0770461
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0776048
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt03845152
IRS990ScheduleA/TotalSupportAmt03864399
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/ExpensesSubtotalAmt0780660
IRS990ScheduleD/LandGrp/BookValueAmt0295000
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0295000
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt0395522
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt181618
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt23973
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0MORTGAGE ESCROWS AND RESERVES
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1ORGANIZATIONAL COSTS
IRS990ScheduleD/OtherAssetsOrgGrp/Desc2PREPAIDS
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt01640865
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt02617259
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt04258124
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt078606
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt111464
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0RESIDUAL RECEIPTS AVAILABLE/ RECAP.
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1SECURITY DEPOSITS
IRS990ScheduleD/RevenueSubtotalAmt0761607
IRS990ScheduleD/TotalBookValueLandBuildingsAmt01935865
IRS990ScheduleD/TotalBookValueOtherAssetsAmt0481113
IRS990ScheduleD/TotalExpensesPerForm990Amt0780660
IRS990ScheduleD/TotalLiabilityAmt090070
IRS990ScheduleD/TotalRevenuePerForm990Amt0761607
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0761607
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0780660
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0MANAGEMENT FEES 38,299.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE ORGANIZATION DELEGATES CONTROL OVER MANAGEMENT DUTIES PERFORMMED BY A MANAGEMENT COMPANY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE AUDITING FIRM PRODUCES THE AUDIT AND PREPARES THE TAX RETURN. MANAGEMENT AND THE BOARD REVIEWS THE RETURN.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4MAINTENANCE 0 33,854 0 MISCELLANEOUS FINANCING 22,713 0 0 SECURITY CONTRACT 0 10,586 0 MISCELLANEOUS ADMINISTRAT 4,974 0 0 MISC. TAXES AND INSURANCE 3,536 0 0 AMORTIZATION 3,004 0 0 WORKERS COMPENSATION 2,813 0 0 BAD DEBT 1,361 0 0 TAXES 750 0 0
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 2, PART III, LINE 4D
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART IX, LINE 24E
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt02533923
IRS990/TotalAssetsEOYAmt02490847
IRS990/TotalAssetsGrp/BOYAmt02533923
IRS990/TotalAssetsGrp/EOYAmt02490847
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0126145
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0654515
IRS990/TotalFunctionalExpensesGrp/TotalAmt0780660
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt03673457
IRS990/TotalLiabilitiesEOYAmt03649434
IRS990/TotalLiabilitiesGrp/BOYAmt03673457
IRS990/TotalLiabilitiesGrp/EOYAmt03649434
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0-1139534
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0-1158587
IRS990/TotalProgramServiceExpensesAmt0654515
IRS990/TotalProgramServiceRevenueAmt0758504
IRS990/TotalRevenueGrp/ExclusionAmt0334
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0761273
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0761607
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt02533923
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt02490847
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/VotingMembersGoverningBodyCnt015
IRS990/VotingMembersIndependentCnt015
IRS990/WebsiteAddressTxt0N/A
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02016-09-27 15:27:22Z
ReturnHeader/BusinessOfficerGrp/PersonNm0JIN SANG KIM
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/SignatureDt02016-06-16
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0KOREAN AMERICAN COMMUNITY

Document Assets

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Filings

Displayed year

2016 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$2,490,847
Liabilities
$3,649,434
Net assets
-$1,158,587
Revenue
$761,607
Expenses
$780,660
Net income
-$19,053
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.91$3.03$1.12$0.88$0.88$0.01
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.96$3.07$1.12$0.88$0.84$0.03
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.00$3.15$1.15$0.88$0.84$0.04
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.98$3.16$1.19$0.87$0.81$0.07
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.02$3.27$1.25$0.81$0.85$0.03
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.08$3.30$1.22$0.81$0.79$0.01
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.15$3.38$1.23$0.80$0.81$0.01
2018Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.27$3.49$1.22$0.82$0.83$0.02
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.35$3.55$1.20$0.72$0.77$0.04
2016Detailed filing. Detailed filing data is available for this year.$2.49$3.65$1.16$0.76$0.78$0.02
2015XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.53$3.67$1.14$0.78$0.79$0.01
2014Detailed filing. Detailed filing data is available for this year.$2.61$3.69$1.08$0.76$0.76$0.00
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.65$3.73$1.08$0.77$0.86$0.09
2012Summary only. Only limited summary data is available for this year.$2.75$3.74$0.99$0.78$0.79$0.01