Liabilities / Assets
14th percentile
Tied with the lowest-debt nonprofits in its peer group.
990 • Fiscal year 2018 • EIN 47-1837787
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
Liabilities / Assets
14th percentile
Tied with the lowest-debt nonprofits in its peer group.
Liabilities / Revenue
14th percentile
Tied with the lowest-debt nonprofits in its peer group.
Net Margin
98th percentile
Higher net margin than 98% of similar nonprofits.
Top Officer Pay
35th percentile
Higher top officer pay than 35% of similar nonprofits.
Top officer pay equals 0.0% of source-year revenue.
Asset Growth
76th percentile
Faster asset growth than 76% of similar nonprofits.
Revenue Growth
4th percentile
Faster revenue growth than 4% of similar nonprofits.
Assets
Flat$1,776,212
Flat from 2018
Net Assets
Flat$1,776,212
Flat from 2018
Liabilities
Flat$0
Flat from 2018
Revenue
Flat$222,951
Flat from 2018
Expenses
Flat$17,564
Flat from 2018
Net Income
Flat$205,387
Flat from 2018
To foster hope for disadvantaged youth who have faced significant hardship as well as underserved communities in order to empower the next generation of community and global leaders. Also, to provide financial assistance and academic scholarships to high performing (or high potential) students who demonstrate financial need and/or have overcome great adversity.
To provide financial assistance and academic scholarships to high performing, or high potential students who demonstrate financial need and/or have overcome great adversity.
| Line | Beginning | End | Change |
|---|---|---|---|
| Assets | |||
| Savings and Temporary Cash Investments | $1,558,988 | $1,772,935 | ▲ $213,947 |
| Cash and Non-Interest-Bearing Accounts | $11,836 | $3,277 | ▼ $8,559 |
| Total Assets | $1,570,824 | $1,776,212 | ▲ $205,388 |
| Liabilities | |||
| Total Liabilities | $0 | $0 | → $0 |
| Net Assets / Fund Balance | |||
| Unrestricted Net Assets | $1,570,824 | $1,776,212 | ▲ $205,388 |
| Total Net Assets Fund Balance | $1,570,824 | $1,776,212 | ▲ $205,388 |
| Total Liabilities and Net Assets / Fund Balance | $1,570,824 | $1,776,212 | ▲ $205,388 |
| Name | Title |
|---|---|
| Duke C Chung | Director |
| Jina Chung | Director |
| Song Hee Lee | Director |
| Young S Chung | Director |
| Line Item | Amount |
|---|---|
| Grants and Similar Amounts Paid | $13,664 |
| Other Expenses | $3,900 |
| Professional Fundraising Fees | $0 |
| Salaries, Compensation, and Employee Benefits | $0 |
| Total Fundraising Expense | $0 |
| Line Item | Program | Management | Fundraising | Total |
|---|---|---|---|---|
| Foreign Grants | $8,664 | - | - | $8,664 |
| Grants to Domestic Individuals | $3,000 | - | - | $3,000 |
| Fees for Services Accounting | - | $2,850 | - | $2,850 |
| Grants to Domestic Orgs | $2,000 | - | - | $2,000 |
| Office Expenses | - | $333 | - | $333 |
| Fees for Services Other | - | $175 | - | $175 |
| Advertising | - | $156 | - | $156 |
| Other Expenses | - | $15 | - | $15 |
| Total Functional Expenses | $13,664 | $3,900 | $0 | $17,564 |
| Line Item | Amount |
|---|---|
| Professional Fundraising Fees | $0 |
“Three of the board members are family members. Two of the organization's directors are married. Jina chung is the daughter of duke chung and young chung.”
“Copy of the form 990 was provided, before filing with the irs, to the board of directors for their review.”
“Each director, principal officer and member of a committee with governing board delegated powers shall annually sign a statement which affirms such person has received a copy of the conflicts of interest policy, has read and understands the policy, has agreed to comply with the policy, and understands the organization is charitable and in order to maintain its federal tax exemption it must engage primarily in activities which accomplish one or more of its tax-exempt purposes.”
“No salary paid by the organization.”
“Documents availale to public upon request.”
This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.
| Path | # | Value |
|---|---|---|
| IRS990/AccountantCompileOrReviewInd | 0 | 0 |
| IRS990/ActivitiesConductedPrtshpInd | 0 | 0 |
| IRS990/ActivityOrMissionDesc | 0 | TO PROVIDE FINANCIAL ASSISTANCE AND ACADEMIC SCHOLARSHIPS TO HIGH PERFORMING, OR HIGH POTENTIAL STUDENTS WHO DEMONSTRATE FINANCIAL NEED AND/OR HAVE OVERCOME GREAT ADVERSITY. |
| IRS990/AdvertisingGrp/ManagementAndGeneralAmt | 0 | 156 |
| IRS990/AdvertisingGrp/TotalAmt | 0 | 156 |
| IRS990/AllOtherContributionsAmt | 0 | 200005 |
| IRS990/AnnualDisclosureCoveredPrsnInd | 0 | 1 |
| IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt | 0 | THE ORGANIZATION |
| IRS990/BooksInCareOfDetail/PhoneNum | 0 | 3015354648 |
| IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | 14424 FAIRDALE ROAD |
| IRS990/BooksInCareOfDetail/USAddress/CityNm | 0 | SILVER SPRING |
| IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | MD |
| IRS990/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 209056519 |
| IRS990/BusinessRlnWithFamMemInd | 0 | 0 |
| IRS990/BusinessRlnWithOfficerEntInd | 0 | 0 |
| IRS990/BusinessRlnWithOrgMemInd | 0 | 0 |
| IRS990/CashNonInterestBearingGrp/BOYAmt | 0 | 11836 |
| IRS990/CashNonInterestBearingGrp/EOYAmt | 0 | 3277 |
| IRS990/ChangeToOrgDocumentsInd | 0 | 0 |
| IRS990/CntrctRcvdGreaterThan100KCnt | 0 | 0 |
| IRS990/CollectionsOfArtInd | 0 | 0 |
| IRS990/CompensationFromOtherSrcsInd | 0 | 0 |
| IRS990/CompensationProcessCEOInd | 0 | 0 |
| IRS990/CompensationProcessOtherInd | 0 | 0 |
| IRS990/ConflictOfInterestPolicyInd | 0 | 1 |
| IRS990/ConservationEasementsInd | 0 | 0 |
| IRS990/ConsolidatedAuditFinclStmtInd | 0 | 0 |
| IRS990/CreditCounselingInd | 0 | 0 |
| IRS990/CYBenefitsPaidToMembersAmt | 0 | 0 |
| IRS990/CYContributionsGrantsAmt | 0 | 200005 |
| IRS990/CYGrantsAndSimilarPaidAmt | 0 | 13664 |
| IRS990/CYInvestmentIncomeAmt | 0 | 22946 |
| IRS990/CYOtherExpensesAmt | 0 | 3900 |
| IRS990/CYOtherRevenueAmt | 0 | 0 |
| IRS990/CYProgramServiceRevenueAmt | 0 | 0 |
| IRS990/CYRevenuesLessExpensesAmt | 0 | 205387 |
| IRS990/CYSalariesCompEmpBnftPaidAmt | 0 | 0 |
| IRS990/CYTotalExpensesAmt | 0 | 17564 |
| IRS990/CYTotalFundraisingExpenseAmt | 0 | 0 |
| IRS990/CYTotalProfFndrsngExpnsAmt | 0 | 0 |
| IRS990/CYTotalRevenueAmt | 0 | 222951 |
| IRS990/DecisionsSubjectToApprovaInd | 0 | 0 |
| IRS990/DeductibleArtContributionInd | 0 | 0 |
| IRS990/DeductibleNonCashContriInd | 0 | 0 |
| IRS990/DelegationOfMgmtDutiesInd | 0 | 0 |
| IRS990/Desc | 0 | DYC FOUNDATION, INC. COLLEGE ASSISTANCE PROGRAM PROVIDES COMPREHENSIVE FINANCIAL, ACADEMIC, AND PERSONAL SUPPORT FOR ORPHANS, OR CHILDREN, CURRENTLY LIVING IN FOSTER CARE, CURRENTLY LIVING WITHOUT PARENTAL FINANCIAL SUPPORT, AND/OR UNDER OTHER EXTENUATING CIRCUMSTANCES. THE COLLEGE ASSISTANCE PROGRAM WILL SELECT HIGH POTENTIAL INDIVIDUALS FROM ESTABLISHED ORPHANAGES, SOCIAL CARE, OR CHURCH RELIEF PROGRAMS WHO DEMONSTRATE BOTH FINANCIAL NEED AND HIGH ACADEMIC AND PERSONAL POTENTIAL. THE DYC FOUNDATION WILL COVER ACADEMIC AND/OR LIVING COSTS (E.G., SCHOOL, ROOM AND BOARD, ETC.) OF THE SELECTED STUDENTS UNTIL GRADUATION FROM AN ACCREDITED COLLEGE OR UNIVERSITY. |
| IRS990/DescribedInSection501c3Ind | 0 | 1 |
| IRS990/DisregardedEntityInd | 0 | 0 |
| IRS990/DocumentRetentionPolicyInd | 0 | 1 |
| IRS990/DonorAdvisedFundInd | 0 | 0 |
| IRS990/ElectionOfBoardMembersInd | 0 | 0 |
| IRS990/EmployeeCnt | 0 | 0 |
| IRS990/EngagedInExcessBenefitTransInd | 0 | 0 |
| IRS990/ExpenseAmt | 0 | 9000 |
| IRS990/FamilyOrBusinessRlnInd | 0 | 1 |
| IRS990/FederalGrantAuditRequiredInd | 0 | 0 |
| IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt | 0 | 2850 |
| IRS990/FeesForServicesAccountingGrp/TotalAmt | 0 | 2850 |
| IRS990/FeesForServicesOtherGrp/ManagementAndGeneralAmt | 0 | 175 |
| IRS990/FeesForServicesOtherGrp/TotalAmt | 0 | 175 |
| IRS990/ForeignActivitiesInd | 0 | 0 |
| IRS990/ForeignFinancialAccountInd | 0 | 0 |
| IRS990/ForeignGrantsGrp/ProgramServicesAmt | 0 | 8664 |
| IRS990/ForeignGrantsGrp/TotalAmt | 0 | 8664 |
| IRS990/ForeignOfficeInd | 0 | 0 |
| IRS990/Form8282PropertyDisposedOfInd | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 0 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 1 | 0.50 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 2 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 3 | 3.00 |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 0 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 1 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 2 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 3 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 0 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 1 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 2 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 3 | X |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 0 | DUKE C CHUNG |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 1 | YOUNG S CHUNG |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 2 | SONG HEE LEE |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 3 | JINA CHUNG |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 0 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 1 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 2 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 3 | DIRECTOR |
| IRS990/Form990ProvidedToGvrnBodyInd | 0 | 1 |
| IRS990/FormationYr | 0 | 2014 |
| IRS990/FormerOfcrEmployeesListedInd | 0 | 0 |
| IRS990/FSAuditedInd | 0 | 0 |
| IRS990/FundraisingActivitiesInd | 0 | 0 |
| IRS990/GamingActivitiesInd | 0 | 0 |
| IRS990/GoverningBodyVotingMembersCnt | 0 | 4 |
| IRS990/GrantAmt | 0 | 9000 |
| IRS990/GrantsToDomesticIndividualsGrp/ProgramServicesAmt | 0 | 3000 |
| IRS990/GrantsToDomesticIndividualsGrp/TotalAmt | 0 | 3000 |
| IRS990/GrantsToDomesticOrgsGrp/ProgramServicesAmt | 0 | 2000 |
| IRS990/GrantsToDomesticOrgsGrp/TotalAmt | 0 | 2000 |
| IRS990/GrantsToIndividualsInd | 0 | 0 |
| IRS990/GrantsToOrganizationsInd | 0 | 0 |
| IRS990/GrantToRelatedPersonInd | 0 | 0 |
| IRS990/GrossReceiptsAmt | 0 | 222951 |
| IRS990/GroupReturnForAffiliatesInd | 0 | 0 |
| IRS990/IncludeFIN48FootnoteInd | 0 | 0 |
| IRS990/IndependentAuditFinclStmtInd | 0 | 0 |
| IRS990/IndependentVotingMemberCnt | 0 | 4 |
| IRS990/IndivRcvdGreaterThan100KCnt | 0 | 0 |
| IRS990/IndoorTanningServicesInd | 0 | 0 |
| IRS990/InfoInScheduleOPartIIIInd | 0 | X |
| IRS990/InfoInScheduleOPartVIInd | 0 | X |
| IRS990/InvestmentIncomeGrp/ExclusionAmt | 0 | 22946 |
| IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt | 0 | 22946 |
| IRS990/InvestmentInJointVentureInd | 0 | 0 |
| IRS990/IRPDocumentCnt | 0 | 0 |
| IRS990/IRPDocumentW2GCnt | 0 | 0 |
| IRS990/LegalDomicileStateCd | 0 | MD |
| IRS990/LoanOutstandingInd | 0 | 0 |
| IRS990/LobbyingActivitiesInd | 0 | 0 |
| IRS990/LocalChaptersInd | 0 | 0 |
| IRS990/MaterialDiversionOrMisuseInd | 0 | 0 |
| IRS990/MembersOrStockholdersInd | 0 | 0 |
| IRS990/MethodOfAccountingAccrualInd | 0 | X |
| IRS990/MinutesOfCommitteesInd | 0 | 1 |
| IRS990/MinutesOfGoverningBodyInd | 0 | 1 |
| IRS990/MissionDesc | 0 | TO FOSTER HOPE FOR DISADVANTAGED YOUTH WHO HAVE FACED SIGNIFICANT HARDSHIP AS WELL AS UNDERSERVED COMMUNITIES IN ORDER TO EMPOWER THE NEXT GENERATION OF COMMUNITY AND GLOBAL LEADERS. ALSO, TO PROVIDE FINANCIAL ASSISTANCE AND ACADEMIC SCHOLARSHIPS TO HIGH PERFORMING (OR HIGH POTENTIAL) STUDENTS WHO DEMONSTRATE FINANCIAL NEED AND/OR HAVE OVERCOME GREAT ADVERSITY. |
| IRS990/MoreThan5000KToIndividualsInd | 0 | 1 |
| IRS990/MoreThan5000KToOrgInd | 0 | 0 |
| IRS990/NetAssetsOrFundBalancesBOYAmt | 0 | 1570824 |
| IRS990/NetAssetsOrFundBalancesEOYAmt | 0 | 1776212 |
| IRS990/NetUnrelatedBusTxblIncmAmt | 0 | 0 |
| IRS990/NoListedPersonsCompensatedInd | 0 | X |
| IRS990/NondeductibleContributionsInd | 0 | 0 |
| IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt | 0 | 333 |
| IRS990/OfficeExpensesGrp/TotalAmt | 0 | 333 |
| IRS990/OfficerMailingAddressInd | 0 | 0 |
| IRS990/OperateHospitalInd | 0 | 0 |
| IRS990/Organization501c3Ind | 0 | X |
| IRS990/OrganizationFollowsSFAS117Ind | 0 | X |
| IRS990/OtherChangesInNetAssetsAmt | 0 | 0 |
| IRS990/OtherExpensesGrp/Desc | 0 | OTHER BUSINESS EXPENSES |
| IRS990/OtherExpensesGrp/Desc | 1 | BANK FEES |
| IRS990/OtherExpensesGrp/ManagementAndGeneralAmt | 0 | 371 |
| IRS990/OtherExpensesGrp/ManagementAndGeneralAmt | 1 | 15 |
| IRS990/OtherExpensesGrp/TotalAmt | 0 | 371 |
| IRS990/OtherExpensesGrp/TotalAmt | 1 | 15 |
| IRS990/OtherWebsiteInd | 0 | X |
| IRS990/PartialLiquidationInd | 0 | 0 |
| IRS990/PoliticalCampaignActyInd | 0 | 0 |
| IRS990/PrincipalOfficerNm | 0 | DUKE C CHUNG |
| IRS990/ProfessionalFundraisingInd | 0 | 0 |
| IRS990/ProgSrvcAccomActy2Grp/Desc | 0 | DYC FOUNDATION, INC. OFFERS SCHOLARSHIPS FOR HIGH PERFORMING HIGH SCHOOL SENIORS DEMONSTRATING FINANCIAL NEED AT PAINT BRANCH HIGH SCHOOL OF BURTONSVILLE, MD, USA. THE SCHOLARSHIPS ARE TO BE APPLIED FOR THE RECIPIENTS' FIRST YEAR OF COLLEGE TUITION. IN 2018, THE DYC FOUNDATION OFFERED TWO SCHOLARSHIPS OF $1,000 TO TWO GRADUATING STUDENTS FROM PAINT BRANCH HIGH SCHOOL. |
| IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt | 0 | 2000 |
| IRS990/ProgSrvcAccomActy2Grp/GrantAmt | 0 | 2000 |
| IRS990/ProgSrvcAccomActy3Grp/Desc | 0 | IN 2018, THE DYC FOUNDATION, INC. GAVE A SCHOLARSHIP TO A SELECTED STUDENTS FROM SOONG SIL MIDDLE/HIGH SCHOOL OF SEOUL, SOUTH KOREA. THE SCHOLARSHIP IS USED TO PROVIDE FULL FINANCIAL ASSISTANCE FOR TUITION AND RELATED EXPENSES FOR A STUDENT DEMONSTRATING FINANCIAL NEED WHILE ATTENDING SOONG SIL MIDDLE/HIGH SCHOOL. |
| IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt | 0 | 2664 |
| IRS990/ProgSrvcAccomActy3Grp/GrantAmt | 0 | 2664 |
| IRS990/ProhibitedTaxShelterTransInd | 0 | 0 |
| IRS990/PYBenefitsPaidToMembersAmt | 0 | 0 |
| IRS990/PYContributionsGrantsAmt | 0 | 500014 |
| IRS990/PYExcessBenefitTransInd | 0 | 0 |
| IRS990/PYGrantsAndSimilarPaidAmt | 0 | 7263 |
| IRS990/PYInvestmentIncomeAmt | 0 | 8036 |
| IRS990/PYOtherExpensesAmt | 0 | 4205 |
| IRS990/PYOtherRevenueAmt | 0 | 0 |
| IRS990/PYProgramServiceRevenueAmt | 0 | 0 |
| IRS990/PYRevenuesLessExpensesAmt | 0 | 496582 |
| IRS990/PYSalariesCompEmpBnftPaidAmt | 0 | 0 |
| IRS990/PYTotalExpensesAmt | 0 | 11468 |
| IRS990/PYTotalProfFndrsngExpnsAmt | 0 | 0 |
| IRS990/PYTotalRevenueAmt | 0 | 508050 |
| IRS990/QuidProQuoContributionsInd | 0 | 0 |
| IRS990/ReconcilationRevenueExpnssAmt | 0 | 205387 |
| IRS990/RegularMonitoringEnfrcInd | 0 | 1 |
| IRS990/RelatedEntityInd | 0 | 0 |
| IRS990/RelatedOrganizationCtrlEntInd | 0 | 0 |
| IRS990/ReportInvestmentsOtherSecInd | 0 | 0 |
| IRS990/ReportLandBuildingEquipmentInd | 0 | 0 |
| IRS990/ReportOtherAssetsInd | 0 | 0 |
| IRS990/ReportOtherLiabilitiesInd | 0 | 0 |
| IRS990/ReportProgramRelatedInvstInd | 0 | 0 |
| IRS990/SavingsAndTempCashInvstGrp/BOYAmt | 0 | 1558988 |
| IRS990/SavingsAndTempCashInvstGrp/EOYAmt | 0 | 1772935 |
| IRS990ScheduleA/First5Years170Ind | 0 | X |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt | 0 | 200005 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt | 0 | 500014 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 501000 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 602700 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt | 0 | 1803719 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt | 0 | 22946 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt | 0 | 8036 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 6372 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 4032 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt | 0 | 41386 |
| IRS990ScheduleA/PublicOrganization170Ind | 0 | X |
| IRS990ScheduleA/PublicSupportTotal170Amt | 0 | 76523 |
| IRS990ScheduleA/SubstantialContributorsTotAmt | 0 | 1727196 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt | 0 | 200005 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt | 0 | 500014 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 501000 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 602700 |
| IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt | 0 | 1803719 |
| IRS990ScheduleA/TotalSupportAmt | 0 | 1845105 |
| IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine1 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorNum | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine1 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine2 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt | 0 | RESTRICTED |
| IRS990/ScheduleBRequiredInd | 0 | 1 |
| IRS990ScheduleF/BoycottCountriesInd | 0 | 0 |
| IRS990ScheduleF/ContinuationSpentAmt | 0 | 0 |
| IRS990ScheduleF/ContinuationTotalEmployeeCnt | 0 | 0 |
| IRS990ScheduleF/ContinuationTotalOfficeCnt | 0 | 0 |
| IRS990ScheduleF/ForeignCorpOwnershipInd | 0 | 0 |
| IRS990ScheduleF/ForeignIndividualsGrantsGrp/CashGrantAmt | 0 | 2664 |
| IRS990ScheduleF/ForeignIndividualsGrantsGrp/CashGrantAmt | 1 | 6000 |
| IRS990ScheduleF/ForeignIndividualsGrantsGrp/MannerOfCashDisbursementTxt | 0 | CHECK |
| IRS990ScheduleF/ForeignIndividualsGrantsGrp/MannerOfCashDisbursementTxt | 1 | CHECK |
| IRS990ScheduleF/ForeignIndividualsGrantsGrp/RecipientCnt | 0 | 1 |
| IRS990ScheduleF/ForeignIndividualsGrantsGrp/RecipientCnt | 1 | 1 |
| IRS990ScheduleF/ForeignIndividualsGrantsGrp/RegionTxt | 0 | SOUTH KOREA |
| IRS990ScheduleF/ForeignIndividualsGrantsGrp/RegionTxt | 1 | SOUTH KOREA |
| IRS990ScheduleF/ForeignIndividualsGrantsGrp/TypeOfAssistanceTxt | 0 | IN 2018, THE DYC FOUNDATION, INC. GAVE SCHOLARSHIPS TO 1 SELECTED STUDENT FROM SOONG SIL MIDDLE/HIGH SCHOOL OF SEOUL, SOUTH KOREA. THE SCHOLARSHIPS WERE USED TO PROVIDE FULL FINANCIAL ASSISTANCE FOR TUITION AND RELATED EXPENSES FOR STUDENTS DEMONSTRATING FINANCIAL NEED WHILE ATTENDING SOONG SIL MIDDLE/HIGH SCHOOL. |
| IRS990ScheduleF/ForeignIndividualsGrantsGrp/TypeOfAssistanceTxt | 1 | $6000 PAID TO QUALIFYING STUDENT FROM SOUTH KOREA ON 10/22/2018 |
| IRS990ScheduleF/ForeignIndividualsGrantsGrp/ValuationMethodUsedDesc | 0 | FMV |
| IRS990ScheduleF/ForeignIndividualsGrantsGrp/ValuationMethodUsedDesc | 1 | FMV |
| IRS990ScheduleF/ForeignPartnershipInd | 0 | 0 |
| IRS990ScheduleF/GrantRecordsMaintainedInd | 0 | 1 |
| IRS990ScheduleF/InterestInForeignTrustInd | 0 | 0 |
| IRS990ScheduleF/PassiveForeignInvestmestCoInd | 0 | 0 |
| IRS990ScheduleF/SubtotalEmployeesCnt | 0 | 0 |
| IRS990ScheduleF/SubtotalOfficesCnt | 0 | 0 |
| IRS990ScheduleF/SubtotalSpentAmt | 0 | 0 |
| IRS990ScheduleF/SupplementalInformationDetail/ExplanationTxt | 0 | FOR ITS INDIVIDUAL SCHOLARSHIPS, DYC COLLECTS APPLICATION FORMS FROM SCHOLARSHIP CANDIDATES (THIS MAY INCLUDE SCHOOL TRANSCRIPTS, GPAS, PERSONAL STATEMENTS/ESSAYS, RECOMMENDATIONS, INTERVIEWS, ETC.). WE RETAIN COPIES OF THIS DOCUMENTATION. IN TERMS OF MONITORING, FOR AN INDIVIDUAL SCHOLARSHIP, ONCE A SCHOLARSHIP AWARDEE IS DESIGNATED, WE REQUEST EACH SCHOLARSHIP AWARDEE TO FILL OUT A SCHOLARSHIP ACCEPTANCE FORM, WHICH ACKNOWLEDGES THAT THE DYC SCHOLARSHIP AWARD IS CONTINGENT UPON REGISTRATION AND ENROLLMENT AT AN ACCREDITED COLLEGE, UNIVERSITY, AND/OR PROFESSIONAL SCHOOL. SCHOLARSHIP CHECKS ARE MADE PAYABLE DIRECTLY TO THE SCHOOL/ORGANIZATION'S FINANCIAL OR BURSAR OFFICE (NOT DIRECTLY TO THE INDIVIDUAL). IN ADDITION, IF AN INDIVIDUAL SCHOLARSHIP AWARD HAS BEEN DESIGNATED FOR AN ACADEMIC YEAR, WE TYPICALLY REQUEST THE SCHOOL/ORGANIZATION TO SPLIT THE SCHOLARSHIP TO BE APPLIED 50/50 BETWEEN THE TWO ACADEMIC SEMESTERS. PROCESS/DOCUMENTATION MAY DIFFER SLIGHTLY FOR INTERNATIONAL SCHOLARSHIPS AND/OR DONATIONS TO NON-PROFIT ORGANIZATIONS. |
| IRS990ScheduleF/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | PART I, LINE 2: |
| IRS990ScheduleF/TotalEmployeeCnt | 0 | 0 |
| IRS990ScheduleF/TotalOfficeCnt | 0 | 0 |
| IRS990ScheduleF/TotalSpentAmt | 0 | 0 |
| IRS990ScheduleF/TransferToForeignCorpInd | 0 | 0 |
| IRS990ScheduleI/GrantRecordsMaintainedInd | 0 | 1 |
| IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt | 0 | FOR ITS INDIVIDUAL SCHOLARSHIPS, DYC COLLECTS APPLICATION FORMS FROM SCHOLARSHIP CANDIDATES (THIS MAY INCLUDE SCHOOL TRANSCRIPTS, GPAS, PERSONAL STATEMENTS/ESSAYS, RECOMMENDATIONS, INTERVIEWS, ETC.). WE RETAIN COPIES OF THIS DOCUMENTATION. IN TERMS OF MONITORING, FOR AN INDIVIDUAL SCHOLARSHIP, ONCE A SCHOLARSHIP AWARDEE IS DESIGNATED, WE REQUEST EACH SCHOLARSHIP AWARDEE TO FILL OUT A SCHOLARSHIP ACCEPTANCE FORM, WHICH ACKNOWLEDGES THAT THE DYC SCHOLARSHIP AWARD IS CONTINGENT UPON REGISTRATION AND ENROLLMENT AT AN ACCREDITED COLLEGE, UNIVERSITY, AND/OR PROFESSIONAL SCHOOL. SCHOLARSHIP CHECKS ARE MADE PAYABLE DIRECTLY TO THE SCHOOL/ORGANIZATION'S FINANCIAL OR BURSAR OFFICE (NOT DIRECTLY TO THE INDIVIDUAL). IN ADDITION, IF AN INDIVIDUAL SCHOLARSHIP AWARD HAS BEEN DESIGNATED FOR AN ACADEMIC YEAR, WE TYPICALLY REQUEST THE SCHOOL/ORGANIZATION TO SPLIT THE SCHOLARSHIP TO BE APPLIED 50/50 BETWEEN THE TWO ACADEMIC SEMESTERS. PROCESS/DOCUMENTATION MAY DIFFER SLIGHTLY FOR INTERNATIONAL SCHOLARSHIPS AND/OR DONATIONS TO NON-PROFIT ORGANIZATIONS. |
| IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | PART I, LINE 2: |
| IRS990/ScheduleJRequiredInd | 0 | 0 |
| IRS990/ScheduleORequiredInd | 0 | 1 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | THREE OF THE BOARD MEMBERS ARE FAMILY MEMBERS. TWO OF THE ORGANIZATION'S DIRECTORS ARE MARRIED. JINA CHUNG IS THE DAUGHTER OF DUKE CHUNG AND YOUNG CHUNG. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | COPY OF THE FORM 990 WAS PROVIDED, BEFORE FILING WITH THE IRS, TO THE BOARD OF DIRECTORS FOR THEIR REVIEW. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | EACH DIRECTOR, PRINCIPAL OFFICER AND MEMBER OF A COMMITTEE WITH GOVERNING BOARD DELEGATED POWERS SHALL ANNUALLY SIGN A STATEMENT WHICH AFFIRMS SUCH PERSON HAS RECEIVED A COPY OF THE CONFLICTS OF INTEREST POLICY, HAS READ AND UNDERSTANDS THE POLICY, HAS AGREED TO COMPLY WITH THE POLICY, AND UNDERSTANDS THE ORGANIZATION IS CHARITABLE AND IN ORDER TO MAINTAIN ITS FEDERAL TAX EXEMPTION IT MUST ENGAGE PRIMARILY IN ACTIVITIES WHICH ACCOMPLISH ONE OR MORE OF ITS TAX-EXEMPT PURPOSES. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | NO SALARY PAID BY THE ORGANIZATION. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 4 | DOCUMENTS AVAILALE TO PUBLIC UPON REQUEST. |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | FORM 990, PART VI, SECTION A, LINE 2 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | FORM 990, PART VI, SECTION B, LINE 11B |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | FORM 990, PART VI, SECTION B, LINE 12C |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | FORM 990, PART VI, SECTION B, LINE 15 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 4 | FORM 990, PART VI, SECTION C, LINE 19 |
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| IRS990/USAddress/CityNm | 0 | SILVER SPRING |
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| IRS990/VotingMembersIndependentCnt | 0 | 4 |
| IRS990/WebsiteAddressTxt | 0 | HTTP://WWW.DYCFOUNDATION.ORG/ |
| IRS990/WhistleblowerPolicyInd | 0 | 1 |
| ReturnHeader/BuildTS | 0 | 2020-03-31 21:24:44Z |
| ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd | 0 | 1 |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | DUKE C CHUNG |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | PRESIDENT |
| ReturnHeader/BusinessOfficerGrp/PhoneNum | 0 | 3015354648 |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2019-11-09 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt | 0 | DYC FOUNDATION INC |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | DYCF |
| ReturnHeader/Filer/EIN | 0 | 471837787 |
| ReturnHeader/Filer/PhoneNum | 0 | 3015354648 |
| ReturnHeader/Filer/USAddress/AddressLine1Txt | 0 | 14424 FAIRDALE ROAD |
| ReturnHeader/Filer/USAddress/CityNm | 0 | SILVER SPRING |
| ReturnHeader/Filer/USAddress/StateAbbreviationCd | 0 | MD |
| ReturnHeader/Filer/USAddress/ZIPCd | 0 | 209056519 |
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| ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd | 0 | P |
| ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt | 0 | 50.237.133.19 |
| ReturnHeader/FilingSecurityInformation/IPDt | 0 | 2019-11-09 |
| ReturnHeader/FilingSecurityInformation/IPTimezoneCd | 0 | ES |
| ReturnHeader/FilingSecurityInformation/IPTm | 0 | 18:22:45 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmEIN | 0 | 521259972 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt | 0 | LANIGAN RYAN MALCOLM & DOYLE PC |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt | 0 | 555 QUINCE ORCHARD ROAD SUITE 600 |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm | 0 | GAITHERSBURG |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd | 0 | MD |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd | 0 | 20878 |
| ReturnHeader/PreparerPersonGrp/PhoneNum | 0 | 3012588900 |
| ReturnHeader/PreparerPersonGrp/PreparationDt | 0 | 2019-11-09 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | JASON MILLS CPA |
| ReturnHeader/ReturnTs | 0 | 2019-11-12T12:24:53-06:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990 |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2018-01-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2018-12-31 |
| ReturnHeader/TaxYr | 0 | 2018 |
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Displayed year
2018 • Form 990Detailed filing. Detailed filing data is available for this year.