Civic Intelligence

Mirae Foundation

990EZ • Fiscal year 2023 • EIN 46-1125029

Jan 01, 2023 to Dec 31, 2023 • Filed on Apr 27, 2024

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

58th percentile

0.00x

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

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on this filing.

Source year 2023

Net Margin

Score unavailable

No value available

Net margin requires both revenue and expenses on this filing.

Source year 2023

Top Officer Pay

78th percentile

$0

Higher top officer pay than 78% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Asset Growth

29th percentile

-13%

Faster asset growth than 29% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Annualized from 2022 to 2023

Revenue Growth

Score unavailable

No value available

A valid growth rate could not be computed from the available filing history.

Annualized from 2022 to 2023

Balance Sheet
Liabilities / Assets58th percentile

Assets

Down

$10,887

Down $1,650 (-13%) from 2022

Net Assets

Down

$10,887

Down $1,650 (-13%) from 2022

Liabilities

Flat

$0

Flat from 2022

Revenue And Expenses
Liabilities / RevenueScore unavailableNet MarginScore unavailable

Revenue

Flat

$0

Flat from 2022

Expenses

Up

$1,650

Up $701 (+74%) from 2022

Net Income

Down

-$1,650

Down $701 (-74%) from 2022

Historical Trend

Balance Sheet Trend

Asset Growth29th 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

2023

Assets$10,887
Liabilities$0
Net Assets$10,887
Open 2023 Filing

Operations Trend

Revenue GrowthScore unavailable

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

2023

Revenue$0
Expenses$1,650
Net Income-$1,650
Open 2023 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
Apr 27, 2024
Return Version
2023v5.0
Mission and Program Overview

Mission

Charitable Activities related to building awareness

Building awareness concerning Korean American Issues

Program Services

DescriptionGrantsExpenses
Filing Fees taxes-$1,025
Compensation and Service Providers
Top Officer Pay78th percentile

Employees

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

Governance Explanations

Part VI- section B, Line 11A

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

Part VI- section B, Line 11A

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

Part VI- section B, Line 11A

“person who is a voting member of the governing body at the time the”

Part VI- section B, Line 11A

“Form 990 was provided, before its filing to the IRS. A copy of the”

Part VI- section B, Line 11A

“final version of Form 990 was emailed to each board member before”

Part VI- section B, Line 11A

“it was filed. The president of the board undertakes a review of”

Part VI- section B, Line 11A

“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
2024-04-27
Supplemental Narrative

Additional Explanations

Part I Line 16

“Filing Fees $539.00”

Part I Line 16

“Taxes $486.00”

Part IX - Line 24A

“Filing Fees- 539”

Part IX - Line 24 B

“Taxes - 486”

Raw XML Appendix153 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/PersonNm0JENNIFER KUK
IRS990EZ/BooksInCareOfDetail/PhoneNum04082055868
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt018304 Cornflower Road
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0Boyds
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0MD
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd020841
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt012537
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt010887
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt0-1650
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt0625
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt012537
IRS990EZ/Form990TotalAssetsGrp/EOYAmt010887
IRS990EZ/InfoInScheduleOPartVIInd0X
IRS990EZ/LandAndBuildingsGrp/BOYAmt00
IRS990EZ/LandAndBuildingsGrp/EOYAmt00
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt012537
IRS990EZ/NetAssetsOrFundBalancesEOYAmt010887
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt012537
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt010887
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt00.000
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt10.000
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt20.000
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
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/TitleTxt1President Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2SecretaryDirector
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherAssetsTotalDetail/BOYAmt00
IRS990EZ/OtherAssetsTotalDetail/EOYAmt00
IRS990EZ/OtherExpensesTotalAmt01025
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0Building awareness concerning Korean American Issues
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0Filing Fees taxes
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt01025
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/RelatedOrgSect527OrgInd0false
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/StatesWhereCopyOfReturnIsFldCd0CA
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt00
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt00
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TaxImposedUnderIRC4911Amt00
IRS990EZ/TaxImposedUnderIRC4912Amt00
IRS990EZ/TaxImposedUnderIRC4955Amt00
IRS990EZ/TotalExpensesAmt01650
IRS990EZ/TotalProgramServiceExpensesAmt01025
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0The organization maintains a continuous and bona fide program for
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt1solicitation of funds from the general public, community
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt2membership group involved or other public charities. The main
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt3sources of support for the organization is contributions from
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt4corporate contributors, individual contributiors and program
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt5service fees.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0Part II Section C Line 17
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc1Section C Line 17
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc2Section C Line 17
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc3Section C Line 17
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc4Section C Line 17
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc5Section C Line 17
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0500
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt01000
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt09395
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt010895
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.74885
IRS990ScheduleA/PublicSupportPY170Pct00.56890
IRS990ScheduleA/PublicSupportTotal170Amt010895
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0500
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt01000
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt09395
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt010895
IRS990ScheduleA/TotalSupportAmt014549
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/CurrentTaxYearMinus4YearsAmt03654
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt03654
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Filing Fees $539.00
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Taxes $486.00
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2A complete copy of the organizations final Form 990 ( including all
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3schedules) as ultimately filed with the IRS, was provided to each
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4person who is a voting member of the governing body at the time the
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5Form 990 was provided, before its filing to the IRS. A copy of the
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6final version of Form 990 was emailed to each board member before
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7it was filed. The president of the board undertakes a review of
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8the form before the filing.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt9Filing Fees- 539
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt10Taxes - 486
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Part I Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Part I Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Part VI- section B, Line 11a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Part VI- section B, Line 11a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Part VI- section B, Line 11a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Part VI- section B, Line 11a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Part VI- section B, Line 11a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7Part VI- section B, Line 11a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8Part VI- section B, Line 11a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc9Part IX - Line 24a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc10Part IX - Line 24 b
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL2
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd01
ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/PersonNm0JENNIFER KUK
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0President and Director
ReturnHeader/BusinessOfficerGrp/PhoneNum04082055868
ReturnHeader/BusinessOfficerGrp/SignatureDt02024-04-27
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/IRSResponsiblePrtyInfoCurrInd0false
ReturnHeader/ReturnTs02024-04-27T20:07:15-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0JENNIFER
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0KUK
ReturnHeader/TaxPeriodBeginDt02023-01-01
ReturnHeader/TaxPeriodEndDt02023-12-31
ReturnHeader/TaxYr02023

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2023 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$10,887
Liabilities
$0
Net assets
$10,887
Revenue
$0
Expenses
$1,650
Net income
-$1,650
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