Civic Intelligence

Washington Association for Korean Schools

990EZ • Fiscal year 2019 • EIN 51-0645383

Jul 01, 2018 to Jun 30, 2019 • Filed on Aug 07, 2019

1011 Maple AveRockville, MD 20851

(240) 252-9596

Siviq Scores

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

Liabilities / Assets

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on this filing.

Source year 2019

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on this filing.

Source year 2019

Net Margin

21st percentile

-13%

Higher net margin than 21% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Top Officer Pay

77th percentile

$0

Higher top officer pay than 77% of similar nonprofits.

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

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Asset Growth

12th percentile

-40%

Faster asset growth than 12% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Annualized from 2018 to 2019

Revenue Growth

54th percentile

3.6%

Faster revenue growth than 54% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Annualized from 2018 to 2019

Assets

Down

$11,691

Down $7,940 (-40%) from 2018

Net Assets

Down

$11,691

Down $7,940 (-40%) from 2018

Liabilities

-

No earlier filing loaded for comparison.

Revenue

Up

$64,377

Up $2,214 (+3.6%) from 2018

Expenses

Down

$72,540

Down $2,687 (-3.6%) from 2018

Net Income

Up

-$8,163

Up $4,901 (+38%) from 2018

Historical Trend

Balance Sheet Trend

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

$60K$40K$20K$0Assets 2012: $4,937Liabilities 2012: $02012Assets 2013: $6,783Liabilities 2013: $02013Assets 2014: $10,394Liabilities 2014: $02014Assets 2015: $26,180Net Assets 2015: $26,1802015Assets 2016: $45,078Net Assets 2016: $45,0782016Assets 2018: $19,631Liabilities 2018: $0Net Assets 2018: $19,6312018Assets 2019: $11,691Net Assets 2019: $11,6912019Assets 2020: $22,054Net Assets 2020: $22,0542020Assets 2021: $25,151Net Assets 2021: $25,1512021Assets 2022: $32,436Net Assets 2022: $32,4362022Assets 2023: $26,392Net Assets 2023: $26,3922023Assets 2024: $40,095Net Assets 2024: $40,0952024Assets 2025: $40,464Net Assets 2025: $40,4642025

Highlighted filing

2019

Assets$11,691
Liabilities-
Net Assets$11,691

Operations Trend

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

$150K$100K$50K$0-$50KRevenue 2012: $53,795Expenses 2012: $54,627Net Income 2012: -$8322012Revenue 2013: $107,146Expenses 2013: $105,300Net Income 2013: $1,8462013Revenue 2014: $79,767Expenses 2014: $76,156Net Income 2014: $3,6112014Revenue 2015: $83,685Expenses 2015: $60,210Net Income 2015: $23,4752015Revenue 2016: $72,571Expenses 2016: $71,292Net Income 2016: $1,2792016Revenue 2018: $62,163Expenses 2018: $75,227Net Income 2018: -$13,0642018Revenue 2019: $64,377Expenses 2019: $72,540Net Income 2019: -$8,1632019Revenue 2020: $63,357Expenses 2020: $54,928Net Income 2020: $8,4292020Revenue 2021: $63,117Expenses 2021: $60,020Net Income 2021: $3,0972021Revenue 2022: $65,994Expenses 2022: $58,709Net Income 2022: $7,2852022Revenue 2023: $78,974Expenses 2023: $84,342Net Income 2023: -$5,3682023Revenue 2024: $104,892Expenses 2024: $76,632Net Income 2024: $28,2602024Revenue 2025: $87,826Expenses 2025: $80,098Net Income 2025: $7,7282025

Highlighted filing

2019

Revenue$64,377
Expenses$72,540
Net Income-$8,163
Jump To
Filing Snapshot
Filing Period
Jul 1, 2018 to Jun 30, 2019
Signed
Aug 7, 2019
Return Version
2018v3.2
Gross Receipts
$64,377
Mission and Program Overview

Mission

To provide opportunities for improving korean language and cultural programs and dialogue among korean school educators and to the public.

Program Services

DescriptionGrantsExpenses
TO SUPPORT KOREAN SCHOOLS AND TEACHERS HELD VARIOUS EDUCATIONAL SUPPORTING EVENTS FOR KOREAN SCHOOLS AND TEACHERS THE ORGANIZATION TAKES ITS MAJOR TASK TO SUPPORT TEACHERS & TO TRAIN STUDENTS BOTH IN LANGUAGE PROFICIENCY AND SUFFICIENT KNOWLEDGE OF KOREAN CULTURES. STUDENTS OF THE SCHOOL ARE WELL MOTIVATED IN JOINING SOCIAL ACTIVITIES IN ORDER TO PUT THEIR KNOWLEDGE INTO PRACTICE. STUDENTS AND THEACHERS ENJOYED A VARIETY OF INTEESTS AND VERSATILE IN MANY RESPECTS INCLUDING SUCH EDUCATIONAL & RECREATIONAL EVENTS AS THE TEACHERS' APPRECIATION NIGHT, PUBLIC SPEAKING & WRITING COMPETITIONS, CLASS PRESENTATIONS, AND MUSICAL & CULTURAL PROGRAM RECITALS.-$43,212
SUPPORT FOR THE DEVELOPMENTS OF TEACHERS & SCHOOL 1) HEAD TEACHER'S WORKSHOP/CONFERENCE IN FALL 2013 & SPRING 2014.TACHERS AND STAFFS SHARED VARIOUS INFORMATIVE AND EDUCATIONAL LECTURES AND SEMINARS. 2) JOINED NECTFL (NORTHERN CONFERENCE ON THE TEACHING OF FOREIGN LANGUAGES) REVIEW FOR THE FOREIGN EDUCATORS IN SPRING 2014.-$23,487
TEXTBOOK AND RESOURCE SUPPORT GENERAL PURPOSE FOR ORGANIZATION--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
SYLVIA M KIMPresidentPT$0--
EUNICE KWANGMI CHUNGVice PresidePT$0--
SUN HWA KIMVice PresidePT$0--
MYUNGOK CHOTreasurerPT$0--
Filing and Contact Details

Filer

Filer Name
Washington Association for
EIN
51-0645383
Phone
2402529596
Address
1011 MAPLE AVE, ROCKVILLE, MD 20851

Signing Officer

Name
Sylvia M Kim
Title
President
Phone
3017686455
Signed
2019-08-07

Preparer

Firm
Lee Oh & Noh Cpas Pllc
Address
7004 LITTLE RIVER TPKE STE O, ANNANDALE, VA 22003-3201
Preparer
Sangmoon Steve Noh CPA
Phone
7035337200
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 8

Miscellaneous income 2,178 total 2,178

Form 990-ez, Part I, Line 10

Naks 3,500 7613 98th ave ct sw lakewood wa 98498

Form 990-ez, Part I, Line 16

Expenses advertising 600 conferences/meetings 1,342 general meeting 1,482 naks academic conference 3,390 bank service charge 90 comfort & event 250 education activity 3,122 literary and auditory con 6,187 miscellaneous 141 office & office supply 3,004 word & spelling contest 5,891 research & development 2,196 teacher appreciation day 20,079 teacher development confe 15,104 website 274 writing competition 5,888 total 69,040

Form 990-ez, Part I, Line 20

Prior year adjustment -1,209

Form 990-ez, Part II, Line 24

2,000 2,000 less accumulated depreciation 2,000 2,000 total 0 0

Form 990-ez, Part III

To provide opportunities for improving korean language and cultural programs and dialogue among korean school educators and to the public.

Form 990-ez, Part III, Line 28

To support korean schools and teachers held various educational supporting events for korean schools and teachers the organization takes its major task to support teachers & to train students both in language proficiency and sufficient knowledge of korean cultures. Students of the school are well motivated in joining social activities in order to put their knowledge into practice. Students and theachers enjoyed a variety of inteests and versatile in many respects including such educational & recreational events as the teachers' appreciation night, public speaking & writing competitions, class presentations, and musical & cultural program recitals.

Form 990-ez, Part III, Line 29

Support for the developments of teachers & school 1) head teacher's workshop/conference in fall 2013 & spring 2014.tachers and staffs shared various informative and educational lectures and seminars. 2) joined nectfl (northern conference on the teaching of foreign languages) review for the foreign educators in spring 2014.

Form 990-ez, Part III, Line 31

Textbook and resource support general purpose for organization

Raw XML Appendix156 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.

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IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3TREASURER
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0MISCELLANEOUS INCOME 2,178 TOTAL 2,178
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1NAKS 3,500 7613 98TH AVE CT SW LAKEWOOD WA 98498
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2EXPENSES ADVERTISING 600 CONFERENCES/MEETINGS 1,342 GENERAL MEETING 1,482 NAKS ACADEMIC CONFERENCE 3,390 BANK SERVICE CHARGE 90 COMFORT & EVENT 250 EDUCATION ACTIVITY 3,122 LITERARY AND AUDITORY CON 6,187 MISCELLANEOUS 141 OFFICE & OFFICE SUPPLY 3,004 WORD & SPELLING CONTEST 5,891 RESEARCH & DEVELOPMENT 2,196 TEACHER APPRECIATION DAY 20,079 TEACHER DEVELOPMENT CONFE 15,104 WEBSITE 274 WRITING COMPETITION 5,888 TOTAL 69,040
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3PRIOR YEAR ADJUSTMENT -1,209
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt42,000 2,000 LESS ACCUMULATED DEPRECIATION 2,000 2,000 TOTAL 0 0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5TO PROVIDE OPPORTUNITIES FOR IMPROVING KOREAN LANGUAGE AND CULTURAL PROGRAMS AND DIALOGUE AMONG KOREAN SCHOOL EDUCATORS AND TO THE PUBLIC.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6TO SUPPORT KOREAN SCHOOLS AND TEACHERS HELD VARIOUS EDUCATIONAL SUPPORTING EVENTS FOR KOREAN SCHOOLS AND TEACHERS THE ORGANIZATION TAKES ITS MAJOR TASK TO SUPPORT TEACHERS & TO TRAIN STUDENTS BOTH IN LANGUAGE PROFICIENCY AND SUFFICIENT KNOWLEDGE OF KOREAN CULTURES. STUDENTS OF THE SCHOOL ARE WELL MOTIVATED IN JOINING SOCIAL ACTIVITIES IN ORDER TO PUT THEIR KNOWLEDGE INTO PRACTICE. STUDENTS AND THEACHERS ENJOYED A VARIETY OF INTEESTS AND VERSATILE IN MANY RESPECTS INCLUDING SUCH EDUCATIONAL & RECREATIONAL EVENTS AS THE TEACHERS' APPRECIATION NIGHT, PUBLIC SPEAKING & WRITING COMPETITIONS, CLASS PRESENTATIONS, AND MUSICAL & CULTURAL PROGRAM RECITALS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7SUPPORT FOR THE DEVELOPMENTS OF TEACHERS & SCHOOL 1) HEAD TEACHER'S WORKSHOP/CONFERENCE IN FALL 2013 & SPRING 2014.TACHERS AND STAFFS SHARED VARIOUS INFORMATIVE AND EDUCATIONAL LECTURES AND SEMINARS. 2) JOINED NECTFL (NORTHERN CONFERENCE ON THE TEACHING OF FOREIGN LANGUAGES) REVIEW FOR THE FOREIGN EDUCATORS IN SPRING 2014.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8TEXTBOOK AND RESOURCE SUPPORT GENERAL PURPOSE FOR ORGANIZATION
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 8
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART I, LINE 10
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART I, LINE 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990-EZ, PART I, LINE 20
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990-EZ, PART II, LINE 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990-EZ, PART III
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990-EZ, PART III, LINE 28
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7FORM 990-EZ, PART III, LINE 29
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8FORM 990-EZ, PART III, LINE 31
ReturnHeader/BuildTS02020-09-23 17:36:50Z
ReturnHeader/BusinessOfficerGrp/PersonNm0SYLVIA M KIM
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum03017686455
ReturnHeader/BusinessOfficerGrp/SignatureDt02019-08-07
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0WASHINGTON ASSOCIATION FOR
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0KOREAN SCHOOLS
ReturnHeader/Filer/BusinessNameControlTxt0WASH
ReturnHeader/Filer/EIN0510645383
ReturnHeader/Filer/PhoneNum02402529596
ReturnHeader/Filer/USAddress/AddressLine1Txt01011 MAPLE AVE
ReturnHeader/Filer/USAddress/CityNm0ROCKVILLE
ReturnHeader/Filer/USAddress/StateAbbreviationCd0MD
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ReturnHeader/FilingSecurityInformation/IPDt02020-08-10
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0CD
ReturnHeader/FilingSecurityInformation/IPTm008:42:47
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0201409574
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0LEE OH & NOH CPAS PLLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt07004 LITTLE RIVER TPKE STE O
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ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0220033201
ReturnHeader/PreparerPersonGrp/PhoneNum07035337200
ReturnHeader/PreparerPersonGrp/PreparationDt02020-08-10
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0SANGMOON STEVE NOH CPA
ReturnHeader/ReturnTs02020-08-10T08:42:47-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02018-07-01
ReturnHeader/TaxPeriodEndDt02019-06-30
ReturnHeader/TaxYr02018

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