Civic Intelligence

Korean Catholic Broadcasting Station Inc.

990EZ • Fiscal year 2023 • EIN 47-1394539

Jan 01, 2023 to Dec 31, 2023 • Filed on May 09, 2024

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

79th percentile

0.07x

Higher debt load relative to assets than 79% of similar nonprofits.

2023 filings • NTEE X • <$500k nonprofits • Source year 2023

Liabilities / Revenue

82nd percentile

0.04x

Higher debt load relative to revenue than 82% of similar nonprofits.

2023 filings • NTEE X • <$500k nonprofits • Source year 2023

Net Margin

8th percentile

-45%

Higher net margin than 8% of similar nonprofits.

2023 filings • NTEE X • <$500k nonprofits • Source year 2023

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.

2023 filings • NTEE X • <$500k nonprofits • Source year 2023

Asset Growth

8th percentile

-69%

Faster asset growth than 8% of similar nonprofits.

2023 filings • NTEE X • <$500k nonprofits • Annualized from 2022 to 2023

Revenue Growth

38th percentile

-5.5%

Faster revenue growth than 38% of similar nonprofits.

2023 filings • NTEE X • <$500k nonprofits • Annualized from 2022 to 2023

Assets

Down

$59,218

Down $128,847 (-69%) from 2022

Net Assets

Down

$55,367

Down $38,874 (-41%) from 2022

Liabilities

Down

$3,851

Down $89,973 (-96%) from 2022

Revenue

Down

$87,143

Down $5,053 (-5.5%) from 2022

Expenses

Up

$126,018

Up $11,685 (+10%) from 2022

Net Income

Down

-$38,875

Down $16,738 (-76%) from 2022

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

2023

Assets$59,218
Liabilities$3,851
Net Assets$55,367

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

2023

Revenue$87,143
Expenses$126,018
Net Income-$38,875
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
May 9, 2024
Return Version
2023v5.0
Gross Receipts
$87,143
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-$38,472
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
PIL-KOO HWANGPresidentPT$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
Pil-koo Hwang
Title
President
Phone
2018382920
Signed
2024-05-09

Preparer

Firm
Barun Advisors Llp
Address
158 LINWOOD PLZ SUITE 225, FORT LEE, NJ 07024-3700
Preparer
Karl K an Cpaea
Phone
2019441672
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 16

Expenses advertising expense 200 office expense 4,613 meals 1,977 insurance 764 bank charges 527 supplies 12,072 due & subscription 2,226 communication 3,316 transportation 39 non-investment depreciation 15,836 total 41,570

Form 990-ez, Part II, Line 24

34,865 48,360 less accumulated depreciation 17,937 33,773 total 16,928 14,587

Form 990-ez, Part II, Line 26

Credit card payable 745 2,799 payroll tax payable 929 1,052 pilgnmage payable 92,150 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 Appendix132 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/PersonNm0PIL-KOO HWANG
IRS990EZ/BooksInCareOfDetail/PhoneNum07188889130
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt0356 82ND ST
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0BROOKLYN
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0NY
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd011209
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt0171138
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt044631
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/ContributionsGiftsGrantsEtcAmt087143
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt0-38875
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt027600
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt0188066
IRS990EZ/Form990TotalAssetsGrp/EOYAmt059218
IRS990EZ/GrossReceiptsAmt087143
IRS990EZ/InfoInScheduleOPartIIIInd0X
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingAccrualInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt094242
IRS990EZ/NetAssetsOrFundBalancesEOYAmt055367
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt094242
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt055367
IRS990EZ/OccupancyRentUtltsAndMaintAmt013800
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt05.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt14.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0PIL-KOO HWANG
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1KYUNG PAUL LEE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1TREASURER
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherAssetsTotalDetail/BOYAmt016928
IRS990EZ/OtherAssetsTotalDetail/EOYAmt014587
IRS990EZ/OtherExpensesTotalAmt041570
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/PrintingPublicationsPostageAmt05046
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0RADIO/INTERNET BROADCASTING SERVICE
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt038472
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/SalariesOtherCompEmplBnftAmt038002
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt093824
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt03851
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt0126018
IRS990EZ/TotalProgramServiceExpensesAmt038472
IRS990EZ/TotalRevenueAmt087143
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt087143
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt092196
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0113962
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0147733
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0130155
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0571189
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt06
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt012
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt018
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt010018
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct01.00000
IRS990ScheduleA/PublicSupportPY170Pct01.00000
IRS990ScheduleA/PublicSupportTotal170Amt0571189
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt087143
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt092196
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0113962
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0147733
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0130155
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0571189
IRS990ScheduleA/TotalSupportAmt0571207
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0EXPENSES ADVERTISING EXPENSE 200 OFFICE EXPENSE 4,613 MEALS 1,977 INSURANCE 764 BANK CHARGES 527 SUPPLIES 12,072 DUE & SUBSCRIPTION 2,226 COMMUNICATION 3,316 TRANSPORTATION 39 NON-INVESTMENT DEPRECIATION 15,836 TOTAL 41,570
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt134,865 48,360 LESS ACCUMULATED DEPRECIATION 17,937 33,773 TOTAL 16,928 14,587
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2CREDIT CARD PAYABLE 745 2,799 PAYROLL TAX PAYABLE 929 1,052 PILGNMAGE PAYABLE 92,150 0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3TO SERVE AS AN EVANGELIZATION TOOL FOR THE ROMAN CATHOLIC CHURCH IN KOREAN-AMERICAN SOCIETY THROUGH BROADCASTING
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART II, LINE 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART II, LINE 26
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990-EZ, PART III
ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/PersonNm0PIL-KOO HWANG
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum02018382920
ReturnHeader/BusinessOfficerGrp/SignatureDt02024-05-09
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/IRSResponsiblePrtyInfoCurrInd0true
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0471437688
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0BARUN ADVISORS LLP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0158 LINWOOD PLZ SUITE 225
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0FORT LEE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NJ
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0070243700
ReturnHeader/PreparerPersonGrp/PhoneNum02019441672
ReturnHeader/PreparerPersonGrp/PreparationDt02024-05-13
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0KARL K AN CPAEA
ReturnHeader/ReturnTs02024-05-13T09:24:57-04:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0PIL-KOO
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0HWANG
ReturnHeader/TaxPeriodBeginDt02023-01-01
ReturnHeader/TaxPeriodEndDt02023-12-31
ReturnHeader/TaxYr02023

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Filings