Civic Intelligence

Kwon Foundation Inc.

990T • Fiscal year 2024 • EIN 47-5267415

Jan 01, 2024 to Dec 31, 2024 • Filed on May 13, 2025

Organization Profile
51 West OverlookPort Washington, NY 11050

(516) 883-1142

Siviq Scores

Scores are not available for this record yet.

Balance Sheet

Assets

-

No earlier filing loaded for comparison.

Net Assets

-

No earlier filing loaded for comparison.

Liabilities

-

No earlier filing loaded for comparison.

Revenue And Expenses

Revenue

-

No earlier filing loaded for comparison.

Expenses

-

No earlier filing loaded for comparison.

Net Income

-

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

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

$4.0M$2.0M$0-$2.0M-$4.0MAssets 2019: $4,133Liabilities 2019: $02019Assets 2020: $2,327Liabilities 2020: $02020Assets 2021: $1,828Liabilities 2021: $0Net Assets 2021: $1,8282021Assets 2022: $175,292Liabilities 2022: $2,850,000Net Assets 2022: -$2,674,7082022Assets 2023: $154,761Liabilities 2023: $2,892,886Net Assets 2023: -$2,738,1252023Assets 2024: $169,236Liabilities 2024: $2,880,592Net Assets 2024: -$2,711,3562024

Latest loaded filing

2024

Assets$169,236
Liabilities$2,880,592
Net Assets-$2,711,356
Open 2024 Filing

Operations Trend

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

$4.0M$3.0M$2.0M$1.0M$0-$1.0MRevenue 2019: $60,000Expenses 2019: $59,275Net Income 2019: $7252019Revenue 2020: $45,000Expenses 2020: $46,806Net Income 2020: -$1,8062020Revenue 2021: $45,000Expenses 2021: $45,499Net Income 2021: -$4992021Revenue 2022: $3,894,855Expenses 2022: $269,783Net Income 2022: $3,625,0722022Revenue 2023: $332,950Expenses 2023: $396,367Net Income 2023: -$63,4172023Revenue 2024: $406,316Expenses 2024: $379,547Net Income 2024: $26,7692024

Latest loaded filing

2024

Revenue$406,316
Expenses$379,547
Net Income$26,769
Open 2024 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
May 13, 2025
Return Version
2024v5.0
Filing and Contact Details

Filer

Filer Name
Kwon Foundation Inc
EIN
47-5267415
Phone
5168831142
Address
51 WEST OVERLOOK, PORT WASHINGTON, NY 11050

Signing Officer

Name
Tae Jin Kwon
Title
President
Phone
5168831142
Signed
2025-05-13
Discuss with paid preparer
Yes

Preparer

Firm
KIM & HO CPA'S PC
Address
107 NORTHERN BLVD STE 400, GREAT NECK, NY 11021
Preparer
Tae Min Kim
Phone
5167732450
Raw XML Appendix87 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
IRS4562/BusinessOrActivityTxt01530 BLAKE STREET
IRS4562/MaximumDollarLimitationAmt01220000
IRS4562/OtherDepreciationAmt05792
IRS4562/ThresholdCostOfSect179PropAmt03050000
IRS4562/TotalDepreciationAmt05792
IRS990T/BalanceDueAmt010933
IRS990T/BooksInCareOfDetail/PersonNm0TAE JIN KWON
IRS990T/BooksInCareOfDetail/PhoneNum05168831142
IRS990T/BooksInCareOfDetail/USAddress/AddressLine1Txt051 WEST OVERLOOK
IRS990T/BooksInCareOfDetail/USAddress/CityNm0PORT WASHINGTON
IRS990T/BooksInCareOfDetail/USAddress/StateAbbreviationCd0NY
IRS990T/BooksInCareOfDetail/USAddress/ZIPCd011050
IRS990T/BookValueAssetsEOYAmt0169236
IRS990T/ESPenaltyAmt0581
IRS990T/ForeignAccountsQuestionInd0false
IRS990T/ForeignTrustQuestionInd0false
IRS990T/Form2220AttachedInd0X
IRS990T/Form990TScheduleAAttachedCnt01
IRS990T/NetOperatingLossDeductionAmt00
IRS990T/Organization501cCorporationInd0X
IRS990T/Organization501IndicatorGrp/Organization501cTypeTxt0c3
IRS990T/Organization501IndicatorGrp/Organization501Ind0X
IRS990T/Post2017NOLCarryoverGrp/AvlblPost2017NOLCarryoverAmt026923
IRS990T/Post2017NOLCarryoverGrp/PrincipalBusinessActivityCd0531120
IRS990TScheduleA/DepreciationClmElsewhereAmt05792
IRS990TScheduleA/NetOperatingLossDeductionAmt026923
IRS990TScheduleA/NetRentIncomeAmt077219
IRS990TScheduleA/PrincipalBusinessActivityCd0531120
IRS990TScheduleA/RentIncomePropertyGrp/DeductionsConnectedRentIncmAmt0329097
IRS990TScheduleA/RentIncomePropertyGrp/RentRealPersonalPropertyAmt0406316
IRS990TScheduleA/RentIncomePropertyGrp/TotalRentsByPropertyAmt0406316
IRS990TScheduleA/RentIncomePropertyGrp/USAddress/AddressLine1Txt01530 BLAKE STREET
IRS990TScheduleA/RentIncomePropertyGrp/USAddress/CityNm0DENVER
IRS990TScheduleA/RentIncomePropertyGrp/USAddress/StateAbbreviationCd0CO
IRS990TScheduleA/RentIncomePropertyGrp/USAddress/ZIPCd080202
IRS990TScheduleA/SequenceReferenceNum01
IRS990TScheduleA/SequenceTotalNum01
IRS990TScheduleA/TotalDepreciationAmt05792
IRS990TScheduleA/TotalRentDeductionsAmt0329097
IRS990TScheduleA/TotalRentIncomeAmt0406316
IRS990TScheduleA/TotNetUnrltTrdBusIncmAmt077219
IRS990TScheduleA/TotUnrltTrdBusIncmAmt0406316
IRS990TScheduleA/TotUnrltTrdBusIncmExpnssAmt0329097
IRS990TScheduleA/TradeOrBusinessDesc0UNRELATED BUSINESS ACTIVITY
IRS990TScheduleA/UBIBeforeNOLDedAmt077219
IRS990TScheduleA/UnrelatedBusinessTaxblIncmAmt050296
IRS990T/SpecificDeductionAmt01000
IRS990T/SubsidiaryCorporationInd0false
IRS990T/TaxableCorporationAmt010352
IRS990T/TaxableTrustAmt00
IRS990T/TaxLessCreditsAmt010352
IRS990T/TotalDeductionAmt01000
IRS990T/TotalTaxAmt010352
IRS990T/TotalTaxComputationAmt010352
IRS990T/TotalUBTIAmt049296
IRS990T/TotalUBTIBeforeNOLSpecificAmt050296
IRS990T/TotalUBTIBeforeSection199AAmt050296
IRS990T/TotalUBTIComputedAmt050296
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0TAE JIN KWON
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum05168831142
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-05-13
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0KWON FOUNDATION INC
ReturnHeader/Filer/BusinessNameControlTxt0KWON
ReturnHeader/Filer/EIN0475267415
ReturnHeader/Filer/PhoneNum05168831142
ReturnHeader/Filer/USAddress/AddressLine1Txt051 WEST OVERLOOK
ReturnHeader/Filer/USAddress/CityNm0PORT WASHINGTON
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NY
ReturnHeader/Filer/USAddress/ZIPCd011050
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0false
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0274060526
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0KIM & HO CPA'S PC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0107 NORTHERN BLVD STE 400
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0GREAT NECK
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd011021
ReturnHeader/PreparerPersonGrp/PhoneNum05167732450
ReturnHeader/PreparerPersonGrp/PreparationDt02025-05-14
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0TAE MIN KIM
ReturnHeader/ReturnTs02025-05-14T18:49:24-04:00
ReturnHeader/ReturnTypeCd0990T
ReturnHeader/TaxPeriodBeginDt02024-01-01
ReturnHeader/TaxPeriodEndDt02024-12-31
ReturnHeader/TaxYr02024

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2024 • Form 990TFacts available. Structured filing facts are available, but richer extracted sections are limited.

Open filing
Assets
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Liabilities
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Net assets
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Revenue
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Expenses
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Net income
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Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$0.17$2.88$2.71$0.41$0.38$0.03
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.
2023Detailed filing. Detailed filing data is available for this year.$0.15$2.89$2.74$0.33$0.40$0.06
2022Detailed filing. Detailed filing data is available for this year.$0.18$2.85$2.67$3.89$0.27$3.63
2021Detailed filing. Detailed filing data is available for this year.$0.00$0.00$0.00$0.05$0.05$0.00
2020Summary only. Only limited summary data is available for this year.$0.00$0.00$0.05$0.05$0.00
2019Summary only. Only limited summary data is available for this year.$0.00$0.00$0.06$0.06$0.00