Civic Intelligence

Virginia Beach Korean School

EIN 47-2792685 • 501(c)3 • Virginia Beach, VA

Revoked

Profile

Operate a after school and seasonal school to support immigrant korean student and improve their korean language skill

Revocation date: May 15, 2021

4508 Church Point PlaceVirginia Beach, VA 23455

n/A

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 2017

Liabilities / Revenue

Score unavailable

No value available

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

Source year 2017

Net Margin

76th percentile

22%

Higher net margin than 76% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2017

Top Officer Pay

81st percentile

$0

Higher top officer pay than 81% of similar nonprofits.

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

501(c)3 • <$500k nonprofits • Source year 2017

Asset Growth

Score unavailable

No value available

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

Annualized from 2016 to 2017

Revenue Growth

Score unavailable

No value available

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

Annualized from 2016 to 2017

Balance Sheet
Liabilities / AssetsScore unavailable

Assets

Up

$3,332

Up $3,332 from 2016

Liabilities

-

No earlier filing loaded for comparison.

Net Assets

Up

$3,332

Up $3,332 from 2016

Operations
Liabilities / RevenueScore unavailableNet Margin76th percentile

Revenue

Up

$15,077

Up $15,077 from 2016

Expenses

$11,745

No earlier filing loaded for comparison.

Net Income

$3,332

No earlier filing loaded for comparison.

Trend Graphs

Balance Sheet Trend

Asset GrowthScore unavailable

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

$4.0K$3.0K$2.0K$1.0K$0Assets 2014: $0Net Assets 2014: $2,1842014Assets 2015: $0Net Assets 2015: $02015Assets 2016: $0Net Assets 2016: $02016Assets 2017: $3,332Net Assets 2017: $3,3322017

Highlighted filing

2017

Assets$3,332
Liabilities-
Net Assets$3,332
Open 2017 Filing

Operations Trend

Revenue GrowthScore unavailable

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

$20K$15K$10K$5.0K$0Revenue 2014: $11,118Expenses 2014: $8,934Net Income 2014: $2,1842014Revenue 2015: $02015Revenue 2016: $02016Revenue 2017: $15,077Expenses 2017: $11,745Net Income 2017: $3,3322017

Highlighted filing

2017

Revenue$15,077
Expenses$11,745
Net Income$3,332
Open 2017 Filing

Filings

Most recent year

2017 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$3,332
Liabilities
-
Net assets
$3,332
Revenue
$15,077
Expenses
$11,745
Net income
$3,332
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2017Detailed filing. Detailed filing data is available for this year.$3.33$3.33$15.1$11.7$3.33
2016Detailed filing. Detailed filing data is available for this year.$0.00$0.00$0.00
2015Detailed filing. Detailed filing data is available for this year.$0.00$0.00$0.00
2014Detailed filing. Detailed filing data is available for this year.$0.00$2.18$11.1$8.93$2.18
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2017 to Dec 31, 2017
Signed
Nov 6, 2018
Return Version
2017v2.2
Gross Receipts
$15,077
Mission and Program Overview

Mission

Operate a after school and seasonal school to support immigrant korean student and improve their korean language skill

Program Services

DescriptionGrantsExpenses
KOREAN LANGUAGE STUDY PROGRAM-$7,095
STUDY SUPPORT-$3,500
PARTICIPATION OF WAKS PROGRAM-$1,150
0--
Compensation and Service Providers
Top Officer Pay81st percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
JIN G LIMPrincipalPT$0--
JOO Y PARKSecretaryPT$0--
Filing and Contact Details

Filer

Filer Name
Virginia Beach Korean School
EIN
47-2792685
Phone
7576757241
Address
4508 CHURCH POINT PLACE, VIRGINIA BEACH, VA 23455

Signing Officer

Name
Jin G Kim
Title
Principal
Phone
7576757241
Signed
2018-11-06

Preparer

Firm
Jay Yi CPA & Associates Pc
Address
1075 LOFTIS BLVD UNIT C-4, NEWPORT NEWS, VA 23606
Preparer
Jay Yi
Phone
7577063731
Supplemental Narrative

Additional Explanations

Form 990EZ, Part I, Line 16

“School supply 3180.”

Form 990EZ, Part I, Line 16

“WAKS FEE AND OTHER 289.”

Raw XML Appendix135 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/PersonNm0JOHN JUNG
IRS990EZ/BooksInCareOfDetail/PhoneNum07573638440
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt04508 CHURCH POINT PLACE
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0VIRGINIA BEACH
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0VA
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd023455
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt03332
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/ContributionsGiftsGrantsEtcAmt012277
IRS990EZ/CostOfGoodsSoldAmt00
IRS990EZ/CostOrOtherBasisExpenseSaleAmt00
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt03332
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt00
IRS990EZ/Form990TotalAssetsGrp/EOYAmt03332
IRS990EZ/FundraisingGrossIncomeAmt00
IRS990EZ/GainOrLossFromSaleOfAssetsAmt00
IRS990EZ/GamingGrossIncomeAmt00
IRS990EZ/GrossProfitLossSlsOfInvntryAmt00
IRS990EZ/GrossReceiptsAmt015077
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InvestmentIncomeAmt00
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MembershipDuesAmt02800
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesEOYAmt03332
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt00
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt03332
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt08.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt18.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0JIN G LIM
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1JOO Y PARK
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0Principal
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1SECRETARY
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherExpensesTotalAmt03469
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0Operate a after school and seasonal school to support immigrant korean student and improve their korean language skill
IRS990EZ/PrintingPublicationsPostageAmt0601
IRS990EZ/ProgramServiceRevenueAmt00
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0KOREAN LANGUAGE STUDY PROGRAM
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt1PARTICIPATION OF WAKS PROGRAM
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt2STUDY SUPPORT
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt30
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt07095
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt11150
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt23500
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/SalariesOtherCompEmplBnftAmt07675
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SpecialEventsDirectExpensesAmt00
IRS990EZ/SpecialEventsNetIncomeLossAmt00
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt011745
IRS990EZ/TotalProgramServiceExpensesAmt011745
IRS990EZ/TotalRevenueAmt015077
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt015077
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt013992
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt013293
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt011118
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt053480
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt00
IRS990ScheduleA/InvestmentIncomeCYPct00
IRS990ScheduleA/InvestmentIncomePYPct00.00000
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00
IRS990ScheduleA/PublicSupportCY509Pct01.00000
IRS990ScheduleA/PublicSupportPY509Pct01.00000
IRS990ScheduleA/PublicSupportTotal170Amt00
IRS990ScheduleA/PublicSupportTotal509Amt053480
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt015077
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt013992
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt013293
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt011118
IRS990ScheduleA/Total509Grp/TotalAmt053480
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt053480
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0School supply 3180.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1WAKS FEE AND OTHER 289.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990EZ, Part I, Line 16
ReturnHeader/BuildTS02018-06-14 16:35:46Z
ReturnHeader/BusinessOfficerGrp/PersonNm0JIN G KIM
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRINCIPAL
ReturnHeader/BusinessOfficerGrp/PhoneNum07576757241
ReturnHeader/BusinessOfficerGrp/SignatureDt02018-11-06
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0VIRGINIA BEACH KOREAN SCHOOL
ReturnHeader/Filer/BusinessNameControlTxt0VIRG
ReturnHeader/Filer/EIN0472792685
ReturnHeader/Filer/PhoneNum07576757241
ReturnHeader/Filer/USAddress/AddressLine1Txt04508 CHURCH POINT PLACE
ReturnHeader/Filer/USAddress/CityNm0VIRGINIA BEACH
ReturnHeader/Filer/USAddress/StateAbbreviationCd0VA
ReturnHeader/Filer/USAddress/ZIPCd023455
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId05F9E9651406A0C70B9D3C85016E202C1CD8A94F8
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId05F9E9651406A0C70B9D3C85016E202C1CD8A94F8
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt072.214.48.67
ReturnHeader/FilingSecurityInformation/IPDt02018-11-06
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0PS
ReturnHeader/FilingSecurityInformation/IPTm013:00:11
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0JAY YI CPA & ASSOCIATES PC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt01075 LOFTIS BLVD UNIT C-4
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0NEWPORT NEWS
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0VA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd023606
ReturnHeader/PreparerPersonGrp/PhoneNum07577063731
ReturnHeader/PreparerPersonGrp/PreparationDt02018-11-06
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0JAY YI
ReturnHeader/ReturnTs02018-11-06T13:00:20-08:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02017-01-01
ReturnHeader/TaxPeriodEndDt02017-12-31
ReturnHeader/TaxYr02017

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