Civic Intelligence

Mirae Foundation

990EZ • Fiscal year 2020 • EIN 46-1125029

Jan 01, 2020 to Dec 31, 2020 • Filed on Nov 16, 2021

Organization Profile
18304 Cornflower RoadBoyds, MD 20841

(408) 205-5868

Siviq Scores

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

Liabilities / Assets

55th percentile

0.00x

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

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Liabilities / Revenue

55th percentile

0.00x

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

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Net Margin

6th percentile

-156%

Higher net margin than 6% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

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.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Asset Growth

28th percentile

-9.7%

Faster asset growth than 28% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Annualized from 2019 to 2020

Revenue Growth

5th percentile

-92%

Faster revenue growth than 5% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Annualized from 2019 to 2020

Balance Sheet
Liabilities / Assets55th percentile

Assets

Down

$14,520

Down $1,564 (-9.7%) from 2019

Net Assets

Down

$14,520

Down $1,564 (-9.7%) from 2019

Liabilities

Flat

$0

Flat from 2019

Revenue And Expenses
Liabilities / Revenue55th percentileNet Margin6th percentile

Revenue

Down

$1,000

Down $12,049 (-92%) from 2019

Expenses

Down

$2,564

Down $8,095 (-76%) from 2019

Net Income

Down

-$1,564

Down $3,954 (-165%) from 2019

Historical Trend

Balance Sheet Trend

Asset Growth28th percentile

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

$20K$15K$10K$5.0K$0Assets 2012: $5,000Liabilities 2012: $0Net Assets 2012: $5,0002012Assets 2013: $2,665Liabilities 2013: $0Net Assets 2013: $2,6652013Assets 2014: $749Liabilities 2014: $0Net Assets 2014: $7492014Assets 2015: $4,165Liabilities 2015: $0Net Assets 2015: $4,1652015Assets 2016: $2,235Liabilities 2016: $0Net Assets 2016: $2,2352016Assets 2017: $17,302Liabilities 2017: $0Net Assets 2017: $17,3022017Assets 2018: $13,694Liabilities 2018: $0Net Assets 2018: $13,6942018Assets 2019: $16,084Liabilities 2019: $0Net Assets 2019: $16,0842019Assets 2020: $14,520Liabilities 2020: $0Net Assets 2020: $14,5202020Assets 2021: $13,486Liabilities 2021: $0Net Assets 2021: $13,4862021Assets 2022: $12,537Liabilities 2022: $0Net Assets 2022: $12,5372022Assets 2023: $10,887Liabilities 2023: $0Net Assets 2023: $10,8872023

Highlighted filing

2020

Assets$14,520
Liabilities$0
Net Assets$14,520
Open 2020 Filing

Operations Trend

Revenue Growth5th percentile

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

$100K$50K$0-$50KRevenue 2012: $5,000Expenses 2012: $0Net Income 2012: $5,0002012Revenue 2013: $42,171Expenses 2013: $13,643Net Income 2013: $28,5282013Revenue 2014: $2,000Expenses 2014: $6,947Net Income 2014: -$4,9472014Revenue 2015: $12,083Expenses 2015: $8,667Net Income 2015: $3,4162015Revenue 2016: $75,990Expenses 2016: $92,209Net Income 2016: -$16,2192016Revenue 2017: $37,083Expenses 2017: $22,016Net Income 2017: $15,0672017Revenue 2018: $4,602Expenses 2018: $8,210Net Income 2018: -$3,6082018Revenue 2019: $13,049Expenses 2019: $10,659Net Income 2019: $2,3902019Revenue 2020: $1,000Expenses 2020: $2,564Net Income 2020: -$1,5642020Revenue 2021: $500Expenses 2021: $1,534Net Income 2021: -$1,0342021Revenue 2022: $0Expenses 2022: $949Net Income 2022: -$9492022Revenue 2023: $0Expenses 2023: $1,650Net Income 2023: -$1,6502023

Highlighted filing

2020

Revenue$1,000
Expenses$2,564
Net Income-$1,564
Open 2020 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
Nov 16, 2021
Return Version
2020v4.0
Gross Receipts
$1,000
Mission and Program Overview

Mission

Charitable Activities related to building awareness

Charitable educational acitivites

Program Services

DescriptionGrantsExpenses
KASCON Conference-$777
Compensation and Service Providers
Top Officer Pay76th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
JEFFREY LEETreasurerdirector-$0--
JENNIFER KUKPresidentdirector-$0--
MIKE PARKSecretarydirector-$0--
Governance and Compliance

Governance Explanations

Part VI Line 11A

“A complete copy of the organizations final Form 990 ( including”

Part VI Line 11A

“all schedules) as ultimately filed with the IRS, was provided”

Part VI Line 11A

“to each person who was a voting member of the governing body at”

Part VI Line 11A

“the time the Form 990 was provided before its filing to the IRS.”

Part VI Line 11A

“A copy of the final version of Form 990 was emailed to each board”

Part VI Line 11A

“member before it was filed. The President of the board undertakes”

Part VI Line 11A

“a review of the form before the filing.”

Filing and Contact Details

Filer

Filer Name
Mirae Foundation
EIN
46-1125029
In Care Of
% Jennifer Kuk
Address
18304 Cornflower Road, Boyds, MD 20841

Signing Officer

Name
Jennifer Kuk
Title
President and Director
Phone
4082055868
Signed
2021-11-16
Supplemental Narrative

Additional Explanations

Part I Line 16

“Travel $1010.00”

Part I Line 16

“Books $50.00”

Part I Line 16

“Filing Fees $120.00”

Part I Line 16

“Taxes $234.00”

Raw XML Appendix162 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/PersonNm0JEFFREY LEE
IRS990EZ/BooksInCareOfDetail/PhoneNum04082055868
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt018304 Cornflower Road
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0Boyds
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0MD
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd020841
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt016084
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt014520
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
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IRS990EZ/ExcessOrDeficitForYearAmt0-1564
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IRS990EZ/FiledScheduleAInd0true
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IRS990EZ/LandAndBuildingsGrp/BOYAmt00
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IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt016084
IRS990EZ/NetAssetsOrFundBalancesEOYAmt014520
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt016084
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt014520
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt00.000
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt10.000
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt20.000
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0JEFFREY LEE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1JENNIFER KUK
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2MIKE PARK
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0TreasurerDirector
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1PresidentDirector
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2SecretaryDirector
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherAssetsTotalDetail/BOYAmt00
IRS990EZ/OtherAssetsTotalDetail/EOYAmt00
IRS990EZ/OtherExpensesTotalAmt01414
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0Charitable educational acitivites
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0KASCON Conference
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt0777
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/RelatedOrgSect527OrgInd0false
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/StatesWhereCopyOfReturnIsFldCd0CA
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt00
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt00
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TaxImposedUnderIRC4911Amt00
IRS990EZ/TaxImposedUnderIRC4912Amt00
IRS990EZ/TaxImposedUnderIRC4955Amt00
IRS990EZ/TotalExpensesAmt02564
IRS990EZ/TotalProgramServiceExpensesAmt0777
IRS990EZ/TotalRevenueAmt01000
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationOtherInd0X
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0The Organization maintains a continuous & bona fide program for
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt1solicitation of funds the general public, community and other
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt2public charitties. This is the main source of support and
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt3service fees from a conference held annually, Covid permitting
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0Part II
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc1Part II
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc2Part II
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc3Part II
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt01000
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt09395
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt03100
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt022500
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt035995
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.27326
IRS990ScheduleA/PublicSupportPY170Pct00.32910
IRS990ScheduleA/PublicSupportTotal170Amt035995
IRS990ScheduleA/TenPctFactsCrcmstncsTestCYInd0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt01000
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt09395
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt03100
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt022500
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt035995
IRS990ScheduleA/TotalSupportAmt0131724
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/CurrentTaxYearMinus1YearAmt03654
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/CurrentTaxYearMinus2YearsAmt04602
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/CurrentTaxYearMinus3YearsAmt033983
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/CurrentTaxYearMinus4YearsAmt053490
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt095729
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Travel $1010.00
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Books $50.00
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Filing Fees $120.00
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Taxes $234.00
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4A complete copy of the organizations final Form 990 ( including
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5all schedules) as ultimately filed with the IRS, was provided
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6to each person who was a voting member of the governing body at
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7the time the Form 990 was provided before its filing to the IRS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8A copy of the final version of Form 990 was emailed to each board
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt9member before it was filed. The President of the board undertakes
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt10a review of the form before the filing.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Part I Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Part I Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Part I Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Part I Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Part VI Line 11a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Part VI Line 11a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Part VI Line 11a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7Part VI Line 11a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8Part VI Line 11a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc9Part VI Line 11a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc10Part VI Line 11a
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd00
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/PersonNm0JENNIFER KUK
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0President and Director
ReturnHeader/BusinessOfficerGrp/PhoneNum04082055868
ReturnHeader/BusinessOfficerGrp/SignatureDt02021-11-16
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0Mirae Foundation
ReturnHeader/Filer/BusinessNameControlTxt0MIRA
ReturnHeader/Filer/EIN0461125029
ReturnHeader/Filer/InCareOfNm0% Jennifer Kuk
ReturnHeader/Filer/USAddress/AddressLine1Txt018304 Cornflower Road
ReturnHeader/Filer/USAddress/CityNm0Boyds
ReturnHeader/Filer/USAddress/StateAbbreviationCd0MD
ReturnHeader/Filer/USAddress/ZIPCd020841
ReturnHeader/ReturnTs02021-11-16T18:43:27-06:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0JENNIFER
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0KUK
ReturnHeader/TaxPeriodBeginDt02020-01-01
ReturnHeader/TaxPeriodEndDt02020-12-31
ReturnHeader/TaxYr02020

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2020 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$14,520
Liabilities
$0
Net assets
$14,520
Revenue
$1,000
Expenses
$2,564
Net income
-$1,564
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2023Detailed filing. Detailed filing data is available for this year.$10.9$0.00$10.9$0.00$1.65$1.65
2022Detailed filing. Detailed filing data is available for this year.$12.5$0.00$12.5$0.00$0.95$0.95
2021Detailed filing. Detailed filing data is available for this year.$13.5$0.00$13.5$0.50$1.53$1.03
2020Detailed filing. Detailed filing data is available for this year.$14.5$0.00$14.5$1.00$2.56$1.56
2019Summary only. Only limited summary data is available for this year.$16.1$0.00$16.1$13.0$10.7$2.39
2018Summary only. Only limited summary data is available for this year.$13.7$0.00$13.7$4.60$8.21$3.61
2017Summary only. Only limited summary data is available for this year.$17.3$0.00$17.3$37.1$22.0$15.1
2016Summary only. Only limited summary data is available for this year.$2.24$0.00$2.24$76.0$92.2$16.2
2015Summary only. Only limited summary data is available for this year.$4.17$0.00$4.17$12.1$8.67$3.42
2014Summary only. Only limited summary data is available for this year.$0.75$0.00$0.75$2.00$6.95$4.95
2013Summary only. Only limited summary data is available for this year.$2.67$0.00$2.67$42.2$13.6$28.5
2012Summary only. Only limited summary data is available for this year.$5.00$0.00$5.00$5.00$0.00$5.00