Civic Intelligence

The World Korean Medical

EIN 46-1375262 • 501(c)3 • Englewood, NJ

Profile

The general purposes of the organization are (i) to engender and enhance the fellowship of its members and others through active participation in forums, symposia, and other professional meetings; (ii) to facilitate medical and scientific research and advancement; (iii) to provide scholarship and financial/educational assistance to needy medical students; and (iv) to promote outreach activities in the underdeveloped communities throughout the world.

35 Van Nostrand AvenueEnglewood, NJ 07631

www.wkmonet.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on the latest valid filing.

Source year 2020

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on the latest valid filing.

Source year 2020

Net Margin

Score unavailable

No value available

Net margin requires both revenue and expenses on the latest valid filing.

Source year 2020

Top Officer Pay

81st percentile

$0

Higher top officer pay than 81% of similar nonprofits.

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

Asset Growth

10th percentile

-100%

Faster asset growth than 10% of similar nonprofits.

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

Revenue Growth

Score unavailable

No value available

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

Annualized from 2019 to 2020

Assets

Down

$0

Down $849 (-100%) from 2019

Liabilities

Flat

$0

Flat from 2019

Net Assets

Down

$0

Down $849 (-100%) from 2019

Revenue

Flat

$0

Flat from 2019

Expenses

Down

$849

Down $5,871 (-87%) from 2019

Net Income

Up

-$849

Up $5,871 (+87%) from 2019

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$20K$15K$10K$5.0K$0Assets 2013: $5,397Liabilities 2013: $0Net Assets 2013: $5,3972013Assets 2014: $16,639Liabilities 2014: $4,603Net Assets 2014: $12,0362014Assets 2015: $12,807Liabilities 2015: $0Net Assets 2015: $12,8072015Assets 2016: $3,008Liabilities 2016: $0Net Assets 2016: $3,0082016Assets 2017: $1,725Liabilities 2017: $0Net Assets 2017: $1,7252017Assets 2018: $7,569Liabilities 2018: $0Net Assets 2018: $7,5692018Assets 2019: $849Liabilities 2019: $0Net Assets 2019: $8492019Assets 2020: $0Liabilities 2020: $0Net Assets 2020: $02020

Highlighted filing

2020

Assets$0
Liabilities$0
Net Assets$0

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$300K$200K$100K$0-$100KRevenue 2013: $115,812Expenses 2013: $110,415Net Income 2013: $5,3972013Revenue 2014: $296,491Expenses 2014: $289,852Net Income 2014: $6,6392014Revenue 2015: $91,368Expenses 2015: $90,597Net Income 2015: $7712015Revenue 2016: $28,000Expenses 2016: $25,835Net Income 2016: $2,1652016Revenue 2017: $0Expenses 2017: $1,283Net Income 2017: -$1,2832017Revenue 2018: $16,000Expenses 2018: $10,156Net Income 2018: $5,8442018Revenue 2019: $0Expenses 2019: $6,720Net Income 2019: -$6,7202019Revenue 2020: $0Expenses 2020: $849Net Income 2020: -$8492020

Highlighted filing

2020

Revenue$0
Expenses$849
Net Income-$849

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
May 15, 2021
Return Version
2020v4.0
Gross Receipts
$0
Mission and Program Overview

Mission

The general purposes of the organization are (i) to engender and enhance the fellowship of its members and others through active participation in forums, symposia, and other professional meetings; (ii) to facilitate medical and scientific research and advancement; (iii) to provide scholarship and financial/educational assistance to needy medical students; and (iv) to promote outreach activities in the underdeveloped communities throughout the world.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$849--
Total Assets$849$0▼ $849
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$849--
Total Net Assets Fund Balance$849$0▼ $849
Total Liabilities and Net Assets / Fund Balance$849$0▼ $849
Compensation and Service Providers

Board Members and Trustees

NameTitle
Chul S Hyun Md PhdPresident
Kyung R Lee MdSecretary
Kee Park MdTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$0
Change in Net Assets
$-849
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$849
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Expenses$49--$49
Total Functional Expenses$849$0$0$849
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
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Backup withholding compliance
No
Business relationship with 35% controlled entity
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
No

Governance Explanations

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

No review was or will be conducted.

Form 990, Page 6, Part VI, Line 19

No documents available to the public

Filing and Contact Details

Filer

Filer Name
The World Korean Medical
EIN
46-1375262
Phone
8456802527
Address
35 VAN NOSTRAND AVENUE, ENGLEWOOD, NJ 07631

Signing Officer

Name
Chul S Hyun Md Phd
Title
President
Phone
8456802527
Signed
2021-05-15

Organization Details

Principal Officer
Chul S Hyun Md Phd
Formed
2012
Legal Domicile
Nj
Voting Board Members
3
Independent Board Members
3
Employees
0

Preparer

Firm
Kwangho Lee CPA
Address
1270 BROADWAY STE 205, NEW YORK, NY 10001
Preparer
Kwangho Lee CPA
Phone
2126297158
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

The general purposes of the organization are (i) to engender and enhance the fellowship of its members and others through active participation in forums, symposia, and other professional meetings; (ii) to facilitate medical and scientific research and advancement; (iii) to provide scholarship and financial/educational assistance to needy medical students; and (iv) to promote outreach activities in the underdeveloped communities throughout the world.

Form 990, Part XI, Line 9

Prior period adjustment 0

Raw XML Appendix243 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/ActivityOrMissionDesc0THE GENERAL PURPOSES OF THE ORGANIZATION ARE (I) TO ENGENDER AND ENHANCE THE FELLOWSHIP OF ITS MEMBERS AND OTHERS THROUGH ACTIVE PARTICIPATION IN FORUMS, SYMPOSIA, AND OTHER PROFESSIONAL MEETINGS; (II) TO FACILITATE MEDICAL AND SCIENTIFIC RESEARCH AND ADVANCEMENT; (III) TO PROVIDE SCHOLARSHIP AND FINANCIAL/EDUCATIONAL ASSISTANCE TO NEEDY MEDICAL STUDENTS; AND (IV) TO PROMOTE OUTREACH ACTIVITIES IN THE UNDERDEVELOPED COMMUNITIES THROUGHOUT THE WORLD.
IRS990/BackupWthldComplianceInd0false
IRS990/BooksInCareOfDetail/PersonNm0CHUL S HYUN
IRS990/BooksInCareOfDetail/PhoneNum08456802527
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IRS990/BooksInCareOfDetail/USAddress/CityNm0ENGLEWOOD
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IRS990/CollectionsOfArtInd0false
IRS990/CompensationFromOtherSrcsInd0false
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IRS990/CompensationProcessOtherInd0false
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IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt00
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IRS990/CYOtherRevenueAmt00
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IRS990/CYTotalProfFndrsngExpnsAmt00
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IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/Desc0MEDICAL RESEARCH SYMPOSIUM & SCHOLARSHIP
IRS990/DescribedInSection501c3Ind0true
IRS990/DisregardedEntityInd0false
IRS990/DocumentRetentionPolicyInd0false
IRS990/DonorAdvisedFundInd0false
IRS990/DonorRstrOrQuasiEndowmentsInd0false
IRS990/ElectionOfBoardMembersInd0false
IRS990/EmployeeCnt00
IRS990/EngagedInExcessBenefitTransInd0false
IRS990/ExpenseAmt0849
IRS990/FamilyOrBusinessRlnInd0false
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignOfficeInd0false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt01.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt11.00
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IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/PersonNm0KEE PARK MD
IRS990/Form990PartVIISectionAGrp/PersonNm1KYUNG R LEE MD
IRS990/Form990PartVIISectionAGrp/PersonNm2CHUL S HYUN MD PHD
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/TitleTxt0TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt1SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt2PRESIDENT
IRS990/Form990ProvidedToGvrnBodyInd0false
IRS990/FormationYr02012
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedInd0false
IRS990/FundraisingActivitiesInd0false
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt03
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt00
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IndependentAuditFinclStmtInd0false
IRS990/IndependentVotingMemberCnt03
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartXIInd0X
IRS990/InvestmentInJointVentureInd0false
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LegalDomicileStateCd0NJ
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0THE GENERAL PURPOSES OF THE ORGANIZATION ARE (I) TO ENGENDER AND ENHANCE THE FELLOWSHIP OF ITS MEMBERS AND OTHERS THROUGH ACTIVE PARTICIPATION IN FORUMS, SYMPOSIA, AND OTHER PROFESSIONAL MEETINGS; (II) TO FACILITATE MEDICAL AND SCIENTIFIC RESEARCH AND ADVANCEMENT; (III) TO PROVIDE SCHOLARSHIP AND FINANCIAL/EDUCATIONAL ASSISTANCE TO NEEDY MEDICAL STUDENTS; AND (IV) TO PROMOTE OUTREACH ACTIVITIES IN THE UNDERDEVELOPED COMMUNITIES THROUGHOUT THE WORLD.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt0849
IRS990/NetAssetsOrFundBalancesEOYAmt00
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt0849
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd0false
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherExpensesGrp/Desc0EDUCATION & PUBLICATION
IRS990/OtherExpensesGrp/Desc1WEBSITE & MEDIA
IRS990/OtherExpensesGrp/Desc2BANK FEE
IRS990/OtherExpensesGrp/ProgramServicesAmt0400
IRS990/OtherExpensesGrp/ProgramServicesAmt1400
IRS990/OtherExpensesGrp/ProgramServicesAmt249
IRS990/OtherExpensesGrp/TotalAmt0400
IRS990/OtherExpensesGrp/TotalAmt1400
IRS990/OtherExpensesGrp/TotalAmt249
IRS990/PartialLiquidationInd0false
IRS990/PoliticalCampaignActyInd0false
IRS990/PrincipalOfficerNm0CHUL S HYUN MD PHD
IRS990/ProfessionalFundraisingInd0false
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYExcessBenefitTransInd0false
IRS990/PYOtherExpensesAmt06720
IRS990/PYRevenuesLessExpensesAmt0-6720
IRS990/PYTotalExpensesAmt06720
IRS990/ReconcilationRevenueExpnssAmt0-849
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0false
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt016000
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt028000
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt044000
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/InvestmentIncomePYPct00.00000
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct01.00000
IRS990ScheduleA/PublicSupportPY509Pct01.00000
IRS990ScheduleA/PublicSupportTotal509Amt044000
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt016000
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt028000
IRS990ScheduleA/Total509Grp/TotalAmt044000
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt016000
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt028000
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt044000
IRS990/ScheduleBRequiredInd0false
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0false
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE GENERAL PURPOSES OF THE ORGANIZATION ARE (I) TO ENGENDER AND ENHANCE THE FELLOWSHIP OF ITS MEMBERS AND OTHERS THROUGH ACTIVE PARTICIPATION IN FORUMS, SYMPOSIA, AND OTHER PROFESSIONAL MEETINGS; (II) TO FACILITATE MEDICAL AND SCIENTIFIC RESEARCH AND ADVANCEMENT; (III) TO PROVIDE SCHOLARSHIP AND FINANCIAL/EDUCATIONAL ASSISTANCE TO NEEDY MEDICAL STUDENTS; AND (IV) TO PROMOTE OUTREACH ACTIVITIES IN THE UNDERDEVELOPED COMMUNITIES THROUGHOUT THE WORLD.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1NO REVIEW WAS OR WILL BE CONDUCTED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2NO DOCUMENTS AVAILABLE TO THE PUBLIC
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3PRIOR PERIOD ADJUSTMENT 0
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990 - ORGANIZATION'S MISSION
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART XI, LINE 9
IRS990/SchoolOperatingInd0false
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IRS990/TotalCompGreaterThan150KInd0false
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IRS990/USAddress/AddressLine1Txt0139 WASHINGTON SPRING ROAD
IRS990/USAddress/CityNm0PALISADES
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IRS990/USAddress/ZIPCd010964
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IRS990/WebsiteAddressTxt0WWW.WKMONET.ORG
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/PersonNm0CHUL S HYUN MD PHD
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum08456802527
ReturnHeader/BusinessOfficerGrp/SignatureDt02021-05-15
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0THE WORLD KOREAN MEDICAL
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0ORGANIZATION INC
ReturnHeader/Filer/BusinessNameControlTxt0WORL
ReturnHeader/Filer/EIN0461375262
ReturnHeader/Filer/PhoneNum08456802527
ReturnHeader/Filer/USAddress/AddressLine1Txt035 VAN NOSTRAND AVENUE
ReturnHeader/Filer/USAddress/CityNm0ENGLEWOOD
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NJ
ReturnHeader/Filer/USAddress/ZIPCd007631
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0KWANGHO LEE CPA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt01270 BROADWAY STE 205
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0NEW YORK
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd010001
ReturnHeader/PreparerPersonGrp/PhoneNum02126297158
ReturnHeader/PreparerPersonGrp/PreparationDt02021-06-08
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0KWANGHO LEE CPA
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02021-06-09T08:36:29-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0CHUL S
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0HYUN
ReturnHeader/TaxPeriodBeginDt02020-01-01
ReturnHeader/TaxPeriodEndDt02020-12-31
ReturnHeader/TaxYr02020

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Peer Organizations

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