Civic Intelligence

Laba College

990EZ • Fiscal year 2023 • EIN 47-2127504

Jan 01, 2023 to Dec 31, 2023 • Filed on Nov 01, 2024

429 N Western Ave Ste 4Los Angeles, CA 90004

(213) 327-6470

Siviq Scores

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

Liabilities / Assets

72nd percentile

0.03x

Higher debt load relative to assets than 72% of similar nonprofits.

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

Liabilities / Revenue

72nd percentile

0.02x

Higher debt load relative to revenue than 72% of similar nonprofits.

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

Net Margin

23rd percentile

-14%

Higher net margin than 23% of similar nonprofits.

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

Top Officer Pay

83rd percentile

$12,000

Higher top officer pay than 83% of similar nonprofits.

Top officer pay equals 26.5% of source-year revenue.

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

Asset Growth

27th percentile

-15%

Faster asset growth than 27% of similar nonprofits.

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

Revenue Growth

71st percentile

29%

Faster revenue growth than 71% of similar nonprofits.

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

Assets

Down

$34,901

Down $6,387 (-15%) from 2022

Net Assets

Down

$33,922

Down $6,434 (-16%) from 2022

Liabilities

Up

$979

Up $47 (+5.0%) from 2022

Revenue

Up

$45,236

Up $10,174 (+29%) from 2022

Expenses

Up

$51,670

Up $5,122 (+11%) from 2022

Net Income

Up

-$6,434

Up $5,052 (+44%) from 2022

Historical Trend

Balance Sheet Trend

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

$60K$40K$20K$0Assets 2021: $51,842Liabilities 2021: $0Net Assets 2021: $51,8422021Assets 2022: $41,288Liabilities 2022: $932Net Assets 2022: $40,3562022Assets 2023: $34,901Liabilities 2023: $979Net Assets 2023: $33,9222023Assets 2024: $43,373Liabilities 2024: $979Net Assets 2024: $42,3942024

Highlighted filing

2023

Assets$34,901
Liabilities$979
Net Assets$33,922

Operations Trend

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

$100K$50K$0-$50KRevenue 2021: $27,788Expenses 2021: $27,690Net Income 2021: $982021Revenue 2022: $35,062Expenses 2022: $46,548Net Income 2022: -$11,4862022Revenue 2023: $45,236Expenses 2023: $51,670Net Income 2023: -$6,4342023Revenue 2024: $95,075Expenses 2024: $86,603Net Income 2024: $8,4722024

Highlighted filing

2023

Revenue$45,236
Expenses$51,670
Net Income-$6,434
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
Nov 1, 2024
Return Version
2023v5.1
Gross Receipts
$45,236
Mission and Program Overview

Mission

EDUCATIONAL INSTITUTION

Program Services

DescriptionGrantsExpenses
TUITION AND FEES-$51,670
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
EUNG ZOO YONPresidentPT$12,000-$12,000
Filing and Contact Details

Filer

Filer Name
Laba College
EIN
47-2127504
Address
429 N WESTERN AVE STE 4, Los Angeles, CA 90004

Signing Officer

Name
Eung Zoo Yon
Title
President
Phone
2133276470
Signed
2024-11-01
Discuss with paid preparer
Yes

Preparer

Firm
Od Tax Consulting
Address
14752 BEACH BLVD STE 234, La Mirada, CA 90638
Preparer
Jin Kim
Phone
2133843080
Supplemental Narrative

Additional Explanations

Description of other expenses Part I line 16

Description AmountDepreciation from 4562 6,994License and Permit 53Payroll Taxes 1,281Equipment Rental 1,230Office Expense 46Repair 984

Description of total liabilities Part II line 26

Category Beginning of Year End of YearPayroll tax payable 932 979

Raw XML Appendix120 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/PersonNm0EUNG ZOO YON
IRS990EZ/BooksInCareOfDetail/PhoneNum02133276470
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt0429 N WESTERN AVE STE 4
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0Los Angeles
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0CA
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd090004
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt03462
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt04069
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt0-6434
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt041288
IRS990EZ/Form990TotalAssetsGrp/EOYAmt034901
IRS990EZ/GrossReceiptsAmt045236
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/LandAndBuildingsGrp/BOYAmt037826
IRS990EZ/LandAndBuildingsGrp/EOYAmt030832
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingAccrualInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt040356
IRS990EZ/NetAssetsOrFundBalancesEOYAmt033922
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt040356
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt033922
IRS990EZ/OccupancyRentUtltsAndMaintAmt029000
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt020.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt012000
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0EUNG ZOO YON
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0PRESIDENT
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherAssetsTotalDetail/BOYAmt00
IRS990EZ/OtherAssetsTotalDetail/EOYAmt00
IRS990EZ/OtherExpensesTotalAmt010588
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0EDUCATIONAL INSTITUTION
IRS990EZ/PrintingPublicationsPostageAmt082
IRS990EZ/ProgramServiceRevenueAmt045236
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0TUITION AND FEES
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt051670
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/SalariesOtherCompEmplBnftAmt012000
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd0true
IRS990EZ/StatesWhereCopyOfReturnIsFldCd0CA
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt0932
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt0979
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt051670
IRS990EZ/TotalProgramServiceExpensesAmt051670
IRS990EZ/TotalRevenueAmt045236
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990ScheduleA/SchoolInd0X
IRS990ScheduleE/ComplianceWithRevProc7550Ind0true
IRS990ScheduleE/DiscriminateRaceAdmissPlcyInd0false
IRS990ScheduleE/DiscriminateRaceAthltProgInd0false
IRS990ScheduleE/DiscriminateRaceEducPlcyInd0false
IRS990ScheduleE/DiscriminateRaceEmplmFcultyInd0false
IRS990ScheduleE/DiscriminateRaceOtherActyInd0false
IRS990ScheduleE/DiscriminateRaceSchsInd0false
IRS990ScheduleE/DiscriminateRaceStdntsRghtsInd0false
IRS990ScheduleE/DiscriminateRaceUseOfFcltsInd0false
IRS990ScheduleE/GovernmentFinancialAidRcvdInd0false
IRS990ScheduleE/GovernmentFinancialAidRvkdInd0false
IRS990ScheduleE/MaintainCpyOfAllSolInd0true
IRS990ScheduleE/MaintainCpyOfBrochuresEtcInd0true
IRS990ScheduleE/MaintainRacialCompRecsInd0true
IRS990ScheduleE/MaintainScholarshipsRecsInd0true
IRS990ScheduleE/NondiscriminatoryPolicyStmtInd0true
IRS990ScheduleE/PlcyPblczdViaBroadcastMediaInd0false
IRS990ScheduleE/PolicyStmtInBrochuresEtcInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Description AmountDepreciation from 4562 6,994License and Permit 53Payroll Taxes 1,281Equipment Rental 1,230Office Expense 46Repair 984
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Category Beginning of Year End of YearPayroll tax payable 932 979
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Description of other expenses Part I line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Description of total liabilities Part II line 26
ReturnHeader/BuildTS02024-10-15 13:58:12Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0EUNG ZOO YON
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum02133276470
ReturnHeader/BusinessOfficerGrp/SignatureDt02024-11-01
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0LABA COLLEGE
ReturnHeader/Filer/BusinessNameControlTxt0LABA
ReturnHeader/Filer/EIN0472127504
ReturnHeader/Filer/USAddress/AddressLine1Txt0429 N WESTERN AVE STE 4
ReturnHeader/Filer/USAddress/CityNm0Los Angeles
ReturnHeader/Filer/USAddress/StateAbbreviationCd0CA
ReturnHeader/Filer/USAddress/ZIPCd090004
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0true
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0472673206
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0OD TAX CONSULTING
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt014752 BEACH BLVD STE 234
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0La Mirada
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0CA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd090638
ReturnHeader/PreparerPersonGrp/PhoneNum02133843080
ReturnHeader/PreparerPersonGrp/PreparationDt02024-11-15
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0JIN KIM
ReturnHeader/ReturnTs02024-11-15T12:56:05-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02023-01-01
ReturnHeader/TaxPeriodEndDt02023-12-31
ReturnHeader/TaxYr02023

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Filings