Liabilities / Assets
Score unavailable
Liabilities-to-assets requires both liabilities and assets on this filing.
990EZ • Fiscal year 2015 • EIN 45-4018245
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
Liabilities / Assets
Score unavailable
Liabilities-to-assets requires both liabilities and assets on this filing.
Liabilities / Revenue
Score unavailable
Liabilities-to-revenue requires both liabilities and revenue on this filing.
Net Margin
1st percentile
Higher net margin than 1% of similar nonprofits.
Top Officer Pay
75th percentile
Higher top officer pay than 75% of similar nonprofits.
Top officer pay equals 0.0% of source-year revenue.
Asset Growth
33rd percentile
Faster asset growth than 33% of similar nonprofits.
Revenue Growth
1st percentile
Faster revenue growth than 1% of similar nonprofits.
Assets
Down$468,876
Down $34,410 (-6.8%) from 2014
Net Assets
Down$468,876
Down $34,410 (-6.8%) from 2014
Liabilities
-
No earlier filing loaded for comparison.
Revenue
Down$490
Down $40,008 (-99%) from 2014
Expenses
Up$34,900
Up $16,338 (+88%) from 2014
Net Income
Down-$34,410
Down $56,346 (-257%) from 2014
The foundation's mission is to seek out underprivileged youths, invest and nurture them so that they can further grow. The salang (the koren word for love) foundation is dedicated to helping youths in underprivileged situations, specifically in asia, by providing financial, educational and strategic business aid to further nurture success and growth.
| Description | Grants | Expenses |
|---|---|---|
| FUNDING WAS USED TO FIRST HIRE TEACHERS WHO CAN USE THEIR KNOWLEDGE AND SKILLS TO LEAD THE SPECIFIC EDU-T EVENT. THE FOUNDATION CHOSE DIFFERENT PEOPLE WITH DIFFERENT SKILLS BASED ON THE PARTICULAR EDU-T EVENT. OUR EDU-T EVENTS AIM TO HELP TEACH UNDERPRIVILEGED YOUTHS AND ORPHANS TO GAIN CERTAIN SKILLS SUCH AS BARISTA AND COMPUTER TRAINING. EACH YEAR, THE FOUNDATION MAY HAVE A DIFFERENT FOCUS. FOR 2015 THE FOUNDATION'S EDU-T EVENT WAS A BARISTA TRAINING PROGRAM. ONCE THE STUDENTS COMPLETE THE PROGRAM, THEY CAN THEN GET CERTIFIED IN THAT SPECIFIC SKILL AND BECOME EMPLOYED. OTHER AREAS THAT FUNDING WAS USED FOR IS TO PURCHASE MATERIALS NEEDED FOR TRAINING, RENTING OUT SPACES TO HOST THE EDU-T EVENT, AS WELL AS MARKETING EFFORTS TO ADVERTISE FREE EDU-T EVENTS. TO PROVIDE HELP AND SUPPORT CHILDREN IN PERU; TO PROVIDE EDUCATION SUPPORT TO A CHURCH IN CAMBODIA; TO PROVIDE SCHOLARSHIPS TO UNDERPRIVILEGED CHILDREN IN VIETNAM. | $27,500 | $34,632 |
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| KEVIN SHIN | President | - | $0 | - | - |
| SONG SO | Director | - | $0 | - | - |
| JESSICA SHIN | Treasurer | - | $0 | - | - |
| KENNETH KANG | Secretary | - | $0 | - | - |
“21,500 0 0”
“Expenses office expense 327 it professional 1,000 travel 880 bank fees 180 licenses 88 total 2,475”
“The foundation's mission is to seek out underprivileged youths, invest and nurture them so that they can further grow. The salang (the koren word for love) foundation is dedicated to helping youths in underprivileged situations, specifically in asia, by providing financial, educational and strategic business aid to further nurture success and growth.”
“Funding was used to first hire teachers who can use their knowledge and skills to lead the specific edu-t event. The foundation chose different people with different skills based on the particular edu-t event. Our edu-t events aim to help teach underprivileged youths and orphans to gain certain skills such as barista and computer training. Each year, the foundation may have a different focus. For 2015 the foundation's edu-t event was a barista training program. Once the students complete the program, they can then get certified in that specific skill and become employed. Other areas that funding was used for is to purchase materials needed for training, renting out spaces to host the edu-t event, as well as marketing efforts to advertise free edu-t events. To provide help and support children in peru; to provide education support to a church in cambodia; to provide scholarships to underprivileged children in vietnam.”
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 | KEVIN SHIN |
| IRS990EZ/BooksInCareOfDetail/PhoneNum | 0 | 2532196900 |
| IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | 4150 AUGUSTA DRIVE NE |
| IRS990EZ/BooksInCareOfDetail/USAddress/CityNm | 0 | TACOMA |
| IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | WA |
| IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 98422 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt | 0 | 503286 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt | 0 | 468876 |
| IRS990EZ/ChgMadeToOrgnzngDocNotRptInd | 0 | false |
| IRS990EZ/DonorAdvisedFndsInd | 0 | false |
| IRS990EZ/EngagedInExcessBenefitTransInd | 0 | false |
| IRS990EZ/ExcessOrDeficitForYearAmt | 0 | -34410 |
| IRS990EZ/FeesAndOtherPymtToIndCntrctAmt | 0 | 4925 |
| IRS990EZ/FiledScheduleAInd | 0 | true |
| IRS990EZ/ForeignFinancialAccountInd | 0 | false |
| IRS990EZ/ForeignOfficeInd | 0 | false |
| IRS990EZ/Form1120PolFiledInd | 0 | false |
| IRS990EZ/Form990TotalAssetsGrp/BOYAmt | 0 | 503286 |
| IRS990EZ/Form990TotalAssetsGrp/EOYAmt | 0 | 468876 |
| IRS990EZ/GrantsAndSimilarAmountsPaidAmt | 0 | 27500 |
| IRS990EZ/GrossReceiptsAmt | 0 | 490 |
| IRS990EZ/InfoInScheduleOPartIIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIInd | 0 | X |
| IRS990EZ/InvestmentIncomeAmt | 0 | 490 |
| IRS990EZ/LobbyingActivitiesInd | 0 | false |
| IRS990EZ/MadeLoansToFromOfficersInd | 0 | false |
| IRS990EZ/MethodOfAccountingCashInd | 0 | X |
| IRS990EZ/NetAssetsOrFundBalancesBOYAmt | 0 | 503286 |
| IRS990EZ/NetAssetsOrFundBalancesEOYAmt | 0 | 468876 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt | 0 | 503286 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt | 0 | 468876 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 0 | 1.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 1 | 1.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 2 | 1.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 3 | 1.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 3 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 0 | KEVIN SHIN |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 1 | SONG SO |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 2 | JESSICA SHIN |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 3 | KENNETH KANG |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 0 | PRESIDENT |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 1 | DIRECTOR |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 2 | TREASURER |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 3 | SECRETARY |
| IRS990EZ/OperateHospitalInd | 0 | false |
| IRS990EZ/Organization501c3Ind | 0 | X |
| IRS990EZ/OrganizationDissolvedEtcInd | 0 | false |
| IRS990EZ/OrganizationHadUBIInd | 0 | false |
| IRS990EZ/OtherExpensesTotalAmt | 0 | 2475 |
| IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt | 0 | NONE |
| IRS990EZ/PartVIOfCompOfHghstPdEmplTxt | 0 | NONE |
| IRS990EZ/PoliticalCampaignActyInd | 0 | false |
| IRS990EZ/PrimaryExemptPurposeTxt | 0 | THE FOUNDATION'S MISSION IS TO SEEK OUT UNDERPRIVILEGED YOUTHS, INVEST AND NURTURE THEM SO THAT THEY CAN FURTHER GROW. THE SALANG (THE KOREN WORD FOR LOVE) FOUNDATION IS DEDICATED TO HELPING YOUTHS IN UNDERPRIVILEGED SITUATIONS, SPECIFICALLY IN ASIA, BY PROVIDING FINANCIAL, EDUCATIONAL AND STRATEGIC BUSINESS AID TO FURTHER NURTURE SUCCESS AND GROWTH. |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 0 | FUNDING WAS USED TO FIRST HIRE TEACHERS WHO CAN USE THEIR KNOWLEDGE AND SKILLS TO LEAD THE SPECIFIC EDU-T EVENT. THE FOUNDATION CHOSE DIFFERENT PEOPLE WITH DIFFERENT SKILLS BASED ON THE PARTICULAR EDU-T EVENT. OUR EDU-T EVENTS AIM TO HELP TEACH UNDERPRIVILEGED YOUTHS AND ORPHANS TO GAIN CERTAIN SKILLS SUCH AS BARISTA AND COMPUTER TRAINING. EACH YEAR, THE FOUNDATION MAY HAVE A DIFFERENT FOCUS. FOR 2015 THE FOUNDATION'S EDU-T EVENT WAS A BARISTA TRAINING PROGRAM. ONCE THE STUDENTS COMPLETE THE PROGRAM, THEY CAN THEN GET CERTIFIED IN THAT SPECIFIC SKILL AND BECOME EMPLOYED. OTHER AREAS THAT FUNDING WAS USED FOR IS TO PURCHASE MATERIALS NEEDED FOR TRAINING, RENTING OUT SPACES TO HOST THE EDU-T EVENT, AS WELL AS MARKETING EFFORTS TO ADVERTISE FREE EDU-T EVENTS. TO PROVIDE HELP AND SUPPORT CHILDREN IN PERU; TO PROVIDE EDUCATION SUPPORT TO A CHURCH IN CAMBODIA; TO PROVIDE SCHOLARSHIPS TO UNDERPRIVILEGED CHILDREN IN VIETNAM. |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/ForeignGrantsInd | 0 | X |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt | 0 | 27500 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt | 0 | 34632 |
| IRS990EZ/ProhibitedTaxShelterTransInd | 0 | false |
| IRS990EZ/RelatedOrganizationCtrlEntInd | 0 | false |
| IRS990EZ/ScheduleBNotRequiredInd | 0 | X |
| IRS990EZ/SchoolOperatingInd | 0 | false |
| IRS990EZ/StatesWhereCopyOfReturnIsFldCd | 0 | WA |
| IRS990EZ/SubjectToProxyTaxInd | 0 | false |
| IRS990EZ/TanningServicesProvidedInd | 0 | false |
| IRS990EZ/TotalExpensesAmt | 0 | 34900 |
| IRS990EZ/TotalProgramServiceExpensesAmt | 0 | 34632 |
| IRS990EZ/TotalRevenueAmt | 0 | 490 |
| IRS990EZ/TransactionWithControlEntInd | 0 | false |
| IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd | 0 | false |
| IRS990EZ/TypeOfOrganizationCorpInd | 0 | X |
| IRS990EZ/WebsiteAddressTxt | 0 | HTTP://WWW.SALANGFOUNDATION.ORG/ |
| IRS990ScheduleA/First5Years509Ind | 0 | X |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt | 0 | 40000 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt | 0 | 500000 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt | 0 | 540000 |
| IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt | 0 | 490 |
| IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt | 0 | 498 |
| IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt | 0 | 420 |
| IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt | 0 | 1408 |
| IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt | 0 | 490 |
| IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt | 0 | 498 |
| IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt | 0 | 420 |
| IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt | 0 | 1408 |
| IRS990ScheduleA/PubliclySupportedOrg509a2Ind | 0 | X |
| IRS990ScheduleA/PublicSupportTotal509Amt | 0 | 540000 |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt | 0 | 40000 |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt | 0 | 500000 |
| IRS990ScheduleA/Total509Grp/TotalAmt | 0 | 540000 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt | 0 | 490 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt | 0 | 40498 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt | 0 | 420 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt | 0 | 500000 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt | 0 | 541408 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | 21,500 0 0 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | EXPENSES OFFICE EXPENSE 327 IT PROFESSIONAL 1,000 TRAVEL 880 BANK FEES 180 LICENSES 88 TOTAL 2,475 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | THE FOUNDATION'S MISSION IS TO SEEK OUT UNDERPRIVILEGED YOUTHS, INVEST AND NURTURE THEM SO THAT THEY CAN FURTHER GROW. THE SALANG (THE KOREN WORD FOR LOVE) FOUNDATION IS DEDICATED TO HELPING YOUTHS IN UNDERPRIVILEGED SITUATIONS, SPECIFICALLY IN ASIA, BY PROVIDING FINANCIAL, EDUCATIONAL AND STRATEGIC BUSINESS AID TO FURTHER NURTURE SUCCESS AND GROWTH. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | FUNDING WAS USED TO FIRST HIRE TEACHERS WHO CAN USE THEIR KNOWLEDGE AND SKILLS TO LEAD THE SPECIFIC EDU-T EVENT. THE FOUNDATION CHOSE DIFFERENT PEOPLE WITH DIFFERENT SKILLS BASED ON THE PARTICULAR EDU-T EVENT. OUR EDU-T EVENTS AIM TO HELP TEACH UNDERPRIVILEGED YOUTHS AND ORPHANS TO GAIN CERTAIN SKILLS SUCH AS BARISTA AND COMPUTER TRAINING. EACH YEAR, THE FOUNDATION MAY HAVE A DIFFERENT FOCUS. FOR 2015 THE FOUNDATION'S EDU-T EVENT WAS A BARISTA TRAINING PROGRAM. ONCE THE STUDENTS COMPLETE THE PROGRAM, THEY CAN THEN GET CERTIFIED IN THAT SPECIFIC SKILL AND BECOME EMPLOYED. OTHER AREAS THAT FUNDING WAS USED FOR IS TO PURCHASE MATERIALS NEEDED FOR TRAINING, RENTING OUT SPACES TO HOST THE EDU-T EVENT, AS WELL AS MARKETING EFFORTS TO ADVERTISE FREE EDU-T EVENTS. TO PROVIDE HELP AND SUPPORT CHILDREN IN PERU; TO PROVIDE EDUCATION SUPPORT TO A CHURCH IN CAMBODIA; TO PROVIDE SCHOLARSHIPS TO UNDERPRIVILEGED CHILDREN IN VIETNAM. |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | FORM 990-EZ, PART I, LINE 10 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | FORM 990-EZ, PART I, LINE 16 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | FORM 990-EZ, PART III |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | FORM 990-EZ, PART III, LINE 28 |
| ReturnHeader/BuildTS | 0 | 2017-02-10 21:41:12Z |
| ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd | 0 | true |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | KEVIN SHIN |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | PRESIDENT |
| ReturnHeader/BusinessOfficerGrp/PhoneNum | 0 | 2532196900 |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2016-11-10 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt | 0 | SALANG FOUNDATION |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | SALA |
| ReturnHeader/Filer/EIN | 0 | 454018245 |
| ReturnHeader/Filer/PhoneNum | 0 | 2532196900 |
| ReturnHeader/Filer/USAddress/AddressLine1Txt | 0 | 4150 AUGUSTA DRIVE NE |
| ReturnHeader/Filer/USAddress/CityNm | 0 | TACOMA |
| ReturnHeader/Filer/USAddress/StateAbbreviationCd | 0 | WA |
| ReturnHeader/Filer/USAddress/ZIPCd | 0 | 98422 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmEIN | 0 | 204967233 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt | 0 | NEWMAN DIERST HALES PLLC |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt | 0 | 221 1ST AVE W STE 415 |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm | 0 | SEATTLE |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd | 0 | WA |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd | 0 | 981194223 |
| ReturnHeader/PreparerPersonGrp/PhoneNum | 0 | 2062841383 |
| ReturnHeader/PreparerPersonGrp/PreparationDt | 0 | 2016-11-10 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | NOLAN A NEWMAN |
| ReturnHeader/ReturnTs | 0 | 2016-11-10T16:50:43-06:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990EZ |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2015-01-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2015-12-31 |
| ReturnHeader/TaxYr | 0 | 2015 |
No mirrored PDF or thumbnail assets are attached yet.
Displayed year
2015 • Form 990EZDetailed filing. Detailed filing data is available for this year.