Civic Intelligence

Arirang Foundation Inc

EIN 47-3221773 • 501(c)3 • Flushing, NY

Profile

Spread korean culture through media

130-30 31st Ave Suite 505Flushing, NY 11354

n/A

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

70th percentile

0.17x

Higher debt load relative to assets than 70% of similar nonprofits.

NTEE A31 • <$500k nonprofits • Source year 2024

Liabilities / Revenue

92nd percentile

1.77x

Higher debt load relative to revenue than 92% of similar nonprofits.

NTEE A31 • <$500k nonprofits • Source year 2024

Net Margin

59th percentile

5.2%

Higher net margin than 59% of similar nonprofits.

NTEE A31 • <$500k nonprofits • Source year 2024

Top Officer Pay

74th percentile

$0

Higher top officer pay than 74% of similar nonprofits.

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

NTEE A31 • <$500k nonprofits • Source year 2024

Asset Growth

60th percentile

0.5%

Faster asset growth than 60% of similar nonprofits.

NTEE A31 • <$500k nonprofits • Annualized from 2023 to 2024

Revenue Growth

14th percentile

-67%

Faster revenue growth than 14% of similar nonprofits.

NTEE A31 • <$500k nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets70th percentile

Assets

Up

$66,745

Up $341 (+0.5%) from 2023

Liabilities

Flat

$11,503

Flat from 2023

Net Assets

$55,242

No earlier filing loaded for comparison.

Operations
Liabilities / Revenue92nd percentileNet Margin59th percentile

Revenue

Down

$6,500

Down $13,000 (-67%) from 2023

Expenses

Down

$6,159

Down $29,804 (-83%) from 2023

Net Income

Up

$341

Up $16,804 (+102%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth60th percentile

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

$100K$50K$0-$50KAssets 2014: $0Net Assets 2014: $02014Assets 2015: $0Net Assets 2015: $02015Assets 2016: $1Liabilities 2016: $02016Assets 2017: $9,203Liabilities 2017: $11,503Net Assets 2017: -$2,3002017Assets 2018: $7,503Liabilities 2018: $11,503Net Assets 2018: -$4,0002018Assets 2019: $5,423Liabilities 2019: $11,503Net Assets 2019: -$6,0802019Assets 2020: $6,647Liabilities 2020: $11,503Net Assets 2020: -$4,8562020Assets 2021: $23,367Liabilities 2021: $11,5032021Assets 2022: $82,867Liabilities 2022: $11,503Net Assets 2022: $71,3642022Assets 2023: $66,404Liabilities 2023: $11,5032023Assets 2024: $66,745Liabilities 2024: $11,503Net Assets 2024: $55,2422024

Highlighted filing

2024

Assets$66,745
Liabilities$11,503
Net Assets$55,242
Open 2024 Filing

Operations Trend

Revenue Growth14th percentile

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

$150K$100K$50K$0-$50KRevenue 2014: $450Expenses 2014: $450Net Income 2014: $02014Revenue 2016: $0Expenses 2016: $0Net Income 2016: $02016Expenses 2017: $2,3002017Expenses 2018: $1,7002018Revenue 2019: $9,000Expenses 2019: $11,080Net Income 2019: -$2,0802019Revenue 2020: $10,000Expenses 2020: $8,776Net Income 2020: $1,2242020Revenue 2021: $19,500Expenses 2021: $2,780Net Income 2021: $16,7202021Revenue 2022: $110,500Expenses 2022: $51,000Net Income 2022: $59,5002022Revenue 2023: $19,500Expenses 2023: $35,963Net Income 2023: -$16,4632023Revenue 2024: $6,500Expenses 2024: $6,159Net Income 2024: $3412024

Highlighted filing

2024

Revenue$6,500
Expenses$6,159
Net Income$341
Open 2024 Filing

Filings

Most recent year

2024 • Form 990EZXML pending. An XML filing is linked for this year, but detailed extraction is still pending.

Open filing
Assets
$66,745
Liabilities
$11,503
Net assets
$55,242
Revenue
$6,500
Expenses
$6,159
Net income
$341
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.67$0.12$0.55$0.07$0.06$0.00
2023Summary only. Only limited summary data is available for this year.$0.66$0.12$0.20$0.36$0.16
2022Detailed filing. Detailed filing data is available for this year.$0.83$0.12$0.71$1.11$0.51$0.60
2021Summary only. Only limited summary data is available for this year.$0.23$0.12$0.20$0.03$0.17
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.07$0.12$0.05$0.10$0.09$0.01
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.05$0.12$0.06$0.09$0.11$0.02
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.08$0.12$0.04$0.02
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.09$0.12$0.02$0.02
2016Summary only. Only limited summary data is available for this year.$0.00$0.00$0.00$0.00$0.00
2015Detailed filing. Detailed filing data is available for this year.$0.00$0.00
2014Detailed filing. Detailed filing data is available for this year.$0.00$0.00$0.00$0.00$0.00
Latest Detailed Filing

The latest 2024 filing currently has linked XML that has not been fully parsed yet. Showing the latest detailed filing from 2022 below.

Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
May 11, 2023
Return Version
2022v5.0
Gross Receipts
$110,500
Mission and Program Overview

Mission

Spread korean culture through media

Program Services

DescriptionGrantsExpenses
BROADCASTING KOREAN CULTURE AND EDUCATING MANY PEOPLE TO LEARN ABOUT KOREAN CULTURE THROUGH THE MEDIA.-$51,000
BROADCASTING KOREAN CULTURE AND EDUCATING MANY PEOPLE TO LEARN ABOUT KOREAN CULTURE THROUGH THE MEDIA.--
Compensation and Service Providers
Top Officer Pay74th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
SAM S HANDirectorPT$0--
SOON J HANDirector-$0--
EUGENIA HANDirector-$0--
Filing and Contact Details

Filer

Filer Name
Arirang Foundation Inc
EIN
47-3221773
Address
130-30 31ST AVE SUITE 505, FLUSHING, NY 11354

Signing Officer

Name
Sam S Han
Title
Director
Signed
2023-05-11

Preparer

Firm
Kang Youl Lee CPA Pc
Address
303 5TH AVE 1207, NEW YORK, NY 10016
Preparer
Kang Youl Lee CPA
Phone
2127792410
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 16

“Expenses program expense 51,000 total 51,000”

Form 990-ez, Part II, Line 26

“Loan from director 11,503 11,503”

Form 990-ez, Part III, Line 31

“Broadcasting korean culture and educating many people to learn about korean culture through the media.”

Raw XML Appendix126 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/BusinessName/BusinessNameLine1Txt0KANG YOUL LEE CPA PC
IRS990EZ/BooksInCareOfDetail/PhoneNum07184236660
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt0219-03 NORTHERN BLVD SUITE 202
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0BAYSIDE
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0NY
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd011361
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt023367
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt082867
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/ContributionsGiftsGrantsEtcAmt0110500
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt059500
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt023367
IRS990EZ/Form990TotalAssetsGrp/EOYAmt082867
IRS990EZ/GrossReceiptsAmt0110500
IRS990EZ/InfoInScheduleOPartIIIInd0X
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingAccrualInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt011864
IRS990EZ/NetAssetsOrFundBalancesEOYAmt071364
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt011864
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt071364
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt030.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt1000.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt2000.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0SAM S HAN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1SOON J HAN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2EUGENIA HAN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2DIRECTOR
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherExpensesTotalAmt051000
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0SPREAD KOREAN CULTURE THROUGH MEDIA
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0BROADCASTING KOREAN CULTURE AND EDUCATING MANY PEOPLE TO LEARN ABOUT KOREAN CULTURE THROUGH THE MEDIA.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt1BROADCASTING KOREAN CULTURE AND EDUCATING MANY PEOPLE TO LEARN ABOUT KOREAN CULTURE THROUGH THE MEDIA.
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt051000
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt011503
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt011503
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt051000
IRS990EZ/TotalProgramServiceExpensesAmt051000
IRS990EZ/TotalRevenueAmt0110500
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt0110500
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt019500
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt010000
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt09000
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0149000
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/InvestmentIncomePYPct00.00000
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct01.00000
IRS990ScheduleA/PublicSupportPY509Pct01.00000
IRS990ScheduleA/PublicSupportTotal509Amt0149000
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0110500
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt019500
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt010000
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt09000
IRS990ScheduleA/Total509Grp/TotalAmt0149000
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0110500
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt019500
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt010000
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt09000
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0149000
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0EXPENSES PROGRAM EXPENSE 51,000 TOTAL 51,000
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1LOAN FROM DIRECTOR 11,503 11,503
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2BROADCASTING KOREAN CULTURE AND EDUCATING MANY PEOPLE TO LEARN ABOUT KOREAN CULTURE THROUGH THE MEDIA.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART II, LINE 26
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART III, LINE 31
ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/PersonNm0SAM S HAN
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0DIRECTOR
ReturnHeader/BusinessOfficerGrp/SignatureDt02023-05-11
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0ARIRANG FOUNDATION INC
ReturnHeader/Filer/BusinessNameControlTxt0ARIR
ReturnHeader/Filer/EIN0473221773
ReturnHeader/Filer/USAddress/AddressLine1Txt0130-30 31ST AVE SUITE 505
ReturnHeader/Filer/USAddress/CityNm0FLUSHING
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NY
ReturnHeader/Filer/USAddress/ZIPCd011354
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0false
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0208142135
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0KANG YOUL LEE CPA PC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0303 5TH AVE 1207
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0NEW YORK
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd010016
ReturnHeader/PreparerPersonGrp/PhoneNum02127792410
ReturnHeader/PreparerPersonGrp/PreparationDt02023-11-13
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0KANG YOUL LEE CPA
ReturnHeader/ReturnTs02023-11-13T14:58:19-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0SAM
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0HAN
ReturnHeader/TaxPeriodBeginDt02022-01-01
ReturnHeader/TaxPeriodEndDt02022-12-31
ReturnHeader/TaxYr02022

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