Civic Intelligence

Korean Catholic Broadcasting Station Inc.

990EZ • Fiscal year 2021 • EIN 47-1394539

Jan 01, 2021 to Dec 31, 2021 • Filed on May 11, 2022

120 W Palisades BlvdPalisades Park, NJ 07650

(718) 888-9130

Siviq Scores

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

Liabilities / Assets

73rd percentile

0.04x

Higher debt load relative to assets than 73% of similar nonprofits.

2021 filings • NTEE X • <$500k nonprofits • Source year 2021

Liabilities / Revenue

78th percentile

0.04x

Higher debt load relative to revenue than 78% of similar nonprofits.

2021 filings • NTEE X • <$500k nonprofits • Source year 2021

Net Margin

26th percentile

-1.2%

Higher net margin than 26% of similar nonprofits.

2021 filings • NTEE X • <$500k nonprofits • Source year 2021

Top Officer Pay

77th percentile

$0

Higher top officer pay than 77% of similar nonprofits.

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

2021 filings • NTEE X • <$500k nonprofits • Source year 2021

Asset Growth

39th percentile

1.0%

Faster asset growth than 39% of similar nonprofits.

2021 filings • NTEE X • <$500k nonprofits • Annualized from 2020 to 2021

Revenue Growth

25th percentile

-16%

Faster revenue growth than 25% of similar nonprofits.

2021 filings • NTEE X • <$500k nonprofits • Annualized from 2020 to 2021

Assets

Up

$121,851

Up $1,255 (+1.0%) from 2020

Net Assets

Up

$116,379

Up $12,074 (+12%) from 2020

Liabilities

Down

$5,472

Down $10,819 (-66%) from 2020

Revenue

Down

$123,962

Down $23,777 (-16%) from 2020

Expenses

Up

$125,502

Up $1,073 (+0.9%) from 2020

Net Income

Down

-$1,540

Down $24,850 (-107%) from 2020

Historical Trend

Balance Sheet Trend

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

$200K$150K$100K$50K$0Assets 2014: $25,167Liabilities 2014: $2,4612014Assets 2015: $58,505Liabilities 2015: $2,5432015Assets 2016: $41,169Liabilities 2016: $3,335Net Assets 2016: $37,8342016Assets 2017: $75,208Liabilities 2017: $4,503Net Assets 2017: $70,7052017Assets 2018: $81,836Liabilities 2018: $4,056Net Assets 2018: $77,7802018Assets 2019: $83,962Liabilities 2019: $2,967Net Assets 2019: $80,9952019Assets 2020: $120,596Liabilities 2020: $16,291Net Assets 2020: $104,3052020Assets 2021: $121,851Liabilities 2021: $5,472Net Assets 2021: $116,3792021Assets 2022: $188,065Liabilities 2022: $93,824Net Assets 2022: $94,2412022Assets 2023: $59,218Liabilities 2023: $3,851Net Assets 2023: $55,3672023Assets 2024: $31,381Liabilities 2024: $1,044Net Assets 2024: $30,3372024

Highlighted filing

2021

Assets$121,851
Liabilities$5,472
Net Assets$116,379

Operations Trend

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

$200K$100K$0-$100KRevenue 2014: $160,547Expenses 2014: $137,841Net Income 2014: $22,7062014Revenue 2015: $151,438Expenses 2015: $118,182Net Income 2015: $33,2562015Revenue 2016: $124,103Expenses 2016: $142,231Net Income 2016: -$18,1282016Revenue 2017: $181,621Expenses 2017: $148,751Net Income 2017: $32,8702017Revenue 2018: $156,758Expenses 2018: $149,681Net Income 2018: $7,0772018Revenue 2019: $130,167Expenses 2019: $126,952Net Income 2019: $3,2152019Revenue 2020: $147,739Expenses 2020: $124,429Net Income 2020: $23,3102020Revenue 2021: $123,962Expenses 2021: $125,502Net Income 2021: -$1,5402021Revenue 2022: $92,196Expenses 2022: $114,333Net Income 2022: -$22,1372022Revenue 2023: $87,143Expenses 2023: $126,018Net Income 2023: -$38,8752023Revenue 2024: $72,469Expenses 2024: $97,498Net Income 2024: -$25,0292024

Highlighted filing

2021

Revenue$123,962
Expenses$125,502
Net Income-$1,540
Jump To
Filing Snapshot
Filing Period
Jan 1, 2021 to Dec 31, 2021
Signed
May 11, 2022
Return Version
2021v4.0
Gross Receipts
$123,962
Mission and Program Overview

Mission

To serve as an evangelization tool for the roman catholic church in korean-american society through broadcasting

Program Services

DescriptionGrantsExpenses
RADIO/INTERNET BROADCASTING SERVICE-$38,079
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
YEONGMIN KIMPresidentPT$0--
AUGUSTINE W BAEKVice Preside-$0--
KYUNG PAUL LEETreasurer-$0--
Filing and Contact Details

Filer

Filer Name
Korean Catholic Broadcasting
EIN
47-1394539
Phone
7188889130
Address
120 W PALISADES BLVD, PALISADES PARK, NJ 07650

Signing Officer

Name
Yeongmin Kim
Title
President
Phone
2018382920
Signed
2022-05-11
Discuss with paid preparer
Yes

Preparer

Firm
Park an & Huh CPA Llp
Address
158 LINWOOD PLZ SUITE 225, FORT LEE, NJ 07024-3700
Preparer
Karl Kisang an Cpaea
Phone
2019441674
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 8

Nj eda emergency grant 10,000 total 10,000

Form 990-ez, Part I, Line 16

Expenses advertising expense 100 office expense 5,491 meals 1,798 insurance 673 bank charges 367 supplies 11,879 due & subscription 1,462 communication 3,202 non-investment depreciation 3,291 total 28,263

Form 990-ez, Part I, Line 20

Sba ppp loan forgiven 13,615

Form 990-ez, Part II, Line 24

3,629 28,357 less accumulated depreciation 3,157 6,448 total 472 21,909

Form 990-ez, Part II, Line 26

Credit card payable 1,363 4,147 payroll tax payable 1,313 1,325 sba ppp loan payable 13,615 0

Form 990-ez, Part III

To serve as an evangelization tool for the roman catholic church in korean-american society through broadcasting

Raw XML Appendix144 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/PersonNm0YEONGMIN KIM
IRS990EZ/BooksInCareOfDetail/PhoneNum07188889130
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt0120 W PALISADES BLVD
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0PALISADES PARK
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0NJ
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd007650
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt0120123
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt099942
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/ContributionsGiftsGrantsEtcAmt0113962
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt0-1540
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt027400
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt0120595
IRS990EZ/Form990TotalAssetsGrp/EOYAmt0121851
IRS990EZ/GrossReceiptsAmt0123962
IRS990EZ/InfoInScheduleOPartIIIInd0X
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingAccrualInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt0104304
IRS990EZ/NetAssetsOrFundBalancesEOYAmt0116379
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt0104304
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt0116379
IRS990EZ/OccupancyRentUtltsAndMaintAmt013800
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt05.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt13.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt23.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0YEONGMIN KIM
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1AUGUSTINE W BAEK
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2KYUNG PAUL LEE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1VICE PRESIDE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2TREASURER
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherAssetsTotalDetail/BOYAmt0472
IRS990EZ/OtherAssetsTotalDetail/EOYAmt021909
IRS990EZ/OtherChangesInNetAssetsAmt013615
IRS990EZ/OtherExpensesTotalAmt028263
IRS990EZ/OtherRevenueTotalAmt010000
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0TO SERVE AS AN EVANGELIZATION TOOL FOR THE ROMAN CATHOLIC CHURCH IN KOREAN-AMERICAN SOCIETY THROUGH BROADCASTING
IRS990EZ/PrintingPublicationsPostageAmt05072
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0RADIO/INTERNET BROADCASTING SERVICE
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt038079
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/SalariesOtherCompEmplBnftAmt050967
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt016291
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt05472
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt0125502
IRS990EZ/TotalProgramServiceExpensesAmt038079
IRS990EZ/TotalRevenueAmt0123962
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0113962
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0147733
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0130155
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0156746
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0181609
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0730205
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt06
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt012
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt012
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt012
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt042
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt010042
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.99990
IRS990ScheduleA/PublicSupportPY170Pct00.99990
IRS990ScheduleA/PublicSupportTotal170Amt0730205
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0113962
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0147733
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0130155
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0156746
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0181609
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0730205
IRS990ScheduleA/TotalSupportAmt0730247
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0NJ EDA EMERGENCY GRANT 10,000 TOTAL 10,000
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1EXPENSES ADVERTISING EXPENSE 100 OFFICE EXPENSE 5,491 MEALS 1,798 INSURANCE 673 BANK CHARGES 367 SUPPLIES 11,879 DUE & SUBSCRIPTION 1,462 COMMUNICATION 3,202 NON-INVESTMENT DEPRECIATION 3,291 TOTAL 28,263
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2SBA PPP LOAN FORGIVEN 13,615
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt33,629 28,357 LESS ACCUMULATED DEPRECIATION 3,157 6,448 TOTAL 472 21,909
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4CREDIT CARD PAYABLE 1,363 4,147 PAYROLL TAX PAYABLE 1,313 1,325 SBA PPP LOAN PAYABLE 13,615 0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5TO SERVE AS AN EVANGELIZATION TOOL FOR THE ROMAN CATHOLIC CHURCH IN KOREAN-AMERICAN SOCIETY THROUGH BROADCASTING
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 8
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART I, LINE 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART I, LINE 20
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990-EZ, PART II, LINE 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990-EZ, PART II, LINE 26
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990-EZ, PART III
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0YEONGMIN KIM
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum02018382920
ReturnHeader/BusinessOfficerGrp/SignatureDt02022-05-11
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0KOREAN CATHOLIC BROADCASTING
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0STATIONINC
ReturnHeader/Filer/BusinessNameControlTxt0KORE
ReturnHeader/Filer/EIN0471394539
ReturnHeader/Filer/PhoneNum07188889130
ReturnHeader/Filer/USAddress/AddressLine1Txt0120 W PALISADES BLVD
ReturnHeader/Filer/USAddress/CityNm0PALISADES PARK
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NJ
ReturnHeader/Filer/USAddress/ZIPCd007650
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0471437688
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0PARK AN & HUH CPA LLP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0158 LINWOOD PLZ SUITE 225
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0FORT LEE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NJ
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0070243700
ReturnHeader/PreparerPersonGrp/PhoneNum02019441674
ReturnHeader/PreparerPersonGrp/PreparationDt02022-05-11
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0KARL KISANG AN CPAEA
ReturnHeader/ReturnTs02022-05-11T14:51:37-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0YEONGMIN
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0KIM
ReturnHeader/TaxPeriodBeginDt02021-01-01
ReturnHeader/TaxPeriodEndDt02021-12-31
ReturnHeader/TaxYr02021

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Filings