Civic Intelligence

Arirang Foundation Inc.

990EZ • Fiscal year 2021 • EIN 47-3221773

Jan 01, 2021 to Dec 31, 2021 • Filed on May 10, 2022

Organization ProfileN/A
130-30 31st Ave Suite 505Flushing, NY 11354

(718) 423-6660

Siviq Scores

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

Liabilities / Assets

85th percentile

0.49x

Higher debt load relative to assets than 85% of similar nonprofits.

2021 filings • NTEE A • <$500k nonprofits • Source year 2021

Liabilities / Revenue

89th percentile

0.59x

Higher debt load relative to revenue than 89% of similar nonprofits.

2021 filings • NTEE A • <$500k nonprofits • Source year 2021

Net Margin

95th percentile

86%

Higher net margin than 95% of similar nonprofits.

2021 filings • NTEE A • <$500k nonprofits • Source year 2021

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.

2021 filings • NTEE A • <$500k nonprofits • Source year 2021

Asset Growth

94th percentile

252%

Faster asset growth than 94% of similar nonprofits.

2021 filings • NTEE A • <$500k nonprofits • Annualized from 2020 to 2021

Revenue Growth

81st percentile

95%

Faster revenue growth than 81% of similar nonprofits.

2021 filings • NTEE A • <$500k nonprofits • Annualized from 2020 to 2021

Balance Sheet
Liabilities / Assets85th percentile

Assets

Flat

$23,367

Flat from 2021

Net Assets

$11,864

No earlier filing loaded for comparison.

Liabilities

Flat

$11,503

Flat from 2021

Revenue And Expenses
Liabilities / Revenue89th percentileNet Margin95th percentile

Revenue

Flat

$19,500

Flat from 2021

Expenses

Flat

$2,780

Flat from 2021

Net Income

Flat

$16,720

Flat from 2021

Historical Trend

Balance Sheet Trend

Asset Growth94th percentile

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

$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: $11,503Net Assets 2021: $11,8642021Assets 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

2021

Assets$23,367
Liabilities$11,503
Net Assets$11,864
Open 2021 Filing

Operations Trend

Revenue Growth81st percentile

Revenue, expenses, and net income across loaded years, with this 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 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

2021

Revenue$19,500
Expenses$2,780
Net Income$16,720
Open 2021 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2021 to Dec 31, 2021
Signed
May 10, 2022
Return Version
2021v4.0
Gross Receipts
$19,500
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.-$2,780
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
2022-05-10

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 2,780 total 2,780”

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 Appendix122 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/BOYAmt06647
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt023367
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/ContributionsGiftsGrantsEtcAmt019500
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt016720
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt06647
IRS990EZ/Form990TotalAssetsGrp/EOYAmt023367
IRS990EZ/GrossReceiptsAmt019500
IRS990EZ/InfoInScheduleOPartIIIInd0X
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingAccrualInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt0-4856
IRS990EZ/NetAssetsOrFundBalancesEOYAmt011864
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt0-4856
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt011864
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/OtherExpensesTotalAmt02780
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/ProgramServiceExpensesAmt02780
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt011503
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt011503
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt02780
IRS990EZ/TotalProgramServiceExpensesAmt02780
IRS990EZ/TotalRevenueAmt019500
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt019500
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt010000
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt09000
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt038500
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/InvestmentIncomePYPct00.00000
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct01.00000
IRS990ScheduleA/PublicSupportPY509Pct01.00000
IRS990ScheduleA/PublicSupportTotal509Amt038500
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt019500
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt010000
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt09000
IRS990ScheduleA/Total509Grp/TotalAmt038500
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt019500
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt010000
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt09000
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt038500
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0EXPENSES PROGRAM EXPENSE 2,780 TOTAL 2,780
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/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/PersonNm0SAM S HAN
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0DIRECTOR
ReturnHeader/BusinessOfficerGrp/SignatureDt02022-05-10
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/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/PreparationDt02022-11-09
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0KANG YOUL LEE CPA
ReturnHeader/ReturnTs02022-11-11T13:10:47-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0SAM
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0HAN
ReturnHeader/TaxPeriodBeginDt02021-01-01
ReturnHeader/TaxPeriodEndDt02021-12-31
ReturnHeader/TaxYr02021

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2021 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$23,367
Liabilities
$11,503
Net assets
$11,864
Revenue
$19,500
Expenses
$2,780
Net income
$16,720
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
2021Detailed filing. Detailed filing data is available for this year.$0.23$0.12$0.12$0.20$0.03$0.17
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