Civic Intelligence

Korean American Sharing Movement Inc.

990EZ • Fiscal year 2017 • EIN 52-2016400

Jan 01, 2017 to Dec 31, 2017 • Filed on Mar 13, 2018

Organization ProfileWWW.KASM.ORG
13541 Lamium DriveCentreville, VA 20120

(571) 274-5568

Siviq Scores

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

Liabilities / Assets

71st percentile

0.04x

Higher debt load relative to assets than 71% of similar nonprofits.

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

Liabilities / Revenue

71st percentile

0.02x

Higher debt load relative to revenue than 71% of similar nonprofits.

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

Net Margin

49th percentile

3.0%

Higher net margin than 49% of similar nonprofits.

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

Top Officer Pay

77th percentile

$2,240

Higher top officer pay than 77% of similar nonprofits.

Top officer pay equals 2.8% of source-year revenue.

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

Asset Growth

63rd percentile

11%

Faster asset growth than 63% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Annualized from 2016 to 2017

Revenue Growth

71st percentile

19%

Faster revenue growth than 71% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Annualized from 2016 to 2017

Balance Sheet
Liabilities / Assets71st percentile

Assets

Up

$44,059

Up $4,261 (+11%) from 2016

Net Assets

Up

$42,182

Up $2,384 (+6.0%) from 2016

Liabilities

$1,877

No earlier filing loaded for comparison.

Revenue And Expenses
Liabilities / Revenue71st percentileNet Margin49th percentile

Revenue

Up

$79,048

Up $12,486 (+19%) from 2016

Expenses

Up

$76,664

Up $10,459 (+16%) from 2016

Net Income

Up

$2,384

Up $2,027 (+568%) from 2016

Historical Trend

Balance Sheet Trend

Asset Growth63rd percentile

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

$60K$40K$20K$0Assets 2011: $42,958Liabilities 2011: $3,306Net Assets 2011: $39,6522011Assets 2012: $45,230Liabilities 2012: $113Net Assets 2012: $45,1172012Assets 2013: $49,343Liabilities 2013: $1,302Net Assets 2013: $48,0412013Assets 2014: $54,175Liabilities 2014: $2,773Net Assets 2014: $51,4022014Assets 2016: $39,798Net Assets 2016: $39,7982016Assets 2017: $44,059Liabilities 2017: $1,877Net Assets 2017: $42,1822017Assets 2018: $31,925Liabilities 2018: $3,147Net Assets 2018: $28,7782018Assets 2019: $36,919Liabilities 2019: $8,7662019Assets 2020: $31,524Liabilities 2020: $6,2462020Assets 2021: $40,212Liabilities 2021: $8,124Net Assets 2021: $32,0882021Assets 2022: $22,077Liabilities 2022: $2,045Net Assets 2022: $20,0322022Assets 2023: $13,321Liabilities 2023: $364Net Assets 2023: $12,9572023Assets 2024: $13,656Net Assets 2024: $13,6562024Assets 2025: $20,023Net Assets 2025: $20,0232025

Highlighted filing

2017

Assets$44,059
Liabilities$1,877
Net Assets$42,182
Open 2017 Filing

Operations Trend

Revenue Growth71st percentile

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

$150K$100K$50K$0-$50KRevenue 2011: $38,629Expenses 2011: $48,225Net Income 2011: -$9,5962011Revenue 2012: $43,224Expenses 2012: $37,853Net Income 2012: $5,3712012Revenue 2013: $24,145Expenses 2013: $19,772Net Income 2013: $4,3732013Revenue 2014: $48,836Expenses 2014: $45,475Net Income 2014: $3,3612014Revenue 2016: $66,562Expenses 2016: $66,205Net Income 2016: $3572016Revenue 2017: $79,048Expenses 2017: $76,664Net Income 2017: $2,3842017Revenue 2018: $90,733Expenses 2018: $103,049Net Income 2018: -$12,3162018Revenue 2019: $87,204Expenses 2019: $87,832Net Income 2019: -$6282019Revenue 2020: $18,581Expenses 2020: $21,456Net Income 2020: -$2,8752020Revenue 2021: $79,290Expenses 2021: $72,480Net Income 2021: $6,8102021Revenue 2022: $124,206Expenses 2022: $135,235Net Income 2022: -$11,0292022Revenue 2023: $36,729Expenses 2023: $43,804Net Income 2023: -$7,0752023Revenue 2024: $25,000Expenses 2024: $24,301Net Income 2024: $6992024Revenue 2025: $30,000Expenses 2025: $23,633Net Income 2025: $6,3672025

Highlighted filing

2017

Revenue$79,048
Expenses$76,664
Net Income$2,384
Open 2017 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2017 to Dec 31, 2017
Signed
Mar 13, 2018
Return Version
2017v2.2
Gross Receipts
$79,048
Mission and Program Overview

Mission

Advancing Welfare and Long-Term Education

Pursues the Cause of Advancing Welfare

Program Services

DescriptionGrantsExpenses
The WLP-The Organization concluded its 14th Annual Washington Leadership Program in July, 2017 for university students those who escaped from North Korea.-$55,007
Compensation and Service Providers
Top Officer Pay77th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
SEUNGHYUN KODirector Of Programs And AdministrationPT$2,240-$2,240
SEUNG-HEE NAHChair Of DirectorsPT$0--
JEEYEON SEODirector-$0--
DECLAN CUMMINGSDirector-$0--
GRACE CHOTreasurer-$0--
Filing and Contact Details

Filer

Filer Name
Korean American Sharing Movement Inc
EIN
52-2016400
Phone
5712745568
Address
13541 Lamium Drive, Centreville, VA 20120

Signing Officer

Name
Seung-hee Nah
Title
Chair of Directors
Phone
5712745568
Signed
2018-03-13
Discuss with paid preparer
Yes

Preparer

Firm
Sung Un Kim & Co
Address
4948 SAINT ELMO AVE STE 205, BETHESDA, MD 20814-6066
Preparer
Sung Un Kim Ea CPA
Phone
3019518933
Supplemental Narrative

Additional Explanations

Form 990EZ, Part I, Line 16

“Public Education Program 3523.”

Form 990EZ, Part I, Line 16

“Washington Leadership Program 55007.”

Form 990EZ, Part I, Line 16

“Scholarship 7500.”

Form 990EZ, Part I, Line 16

“Gifts 83.”

Form 990EZ, Part I, Line 16

“Depreciation 0.”

Form 990EZ, Part I, Line 16

“Donation 500.”

Form 990EZ, Part II, Line 24

“Paypal Deposits 0. 0.”

Form 990EZ, Part II, Line 26

“Accounts Payable 1877.”

Form 990, Part IX, Line 24E

“Telephone”

Raw XML Appendix167 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/PersonNm0SEUNGHYUN KO
IRS990EZ/BooksInCareOfDetail/PhoneNum05712745568
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt013541 Lamium Ln
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0Centreville
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0VA
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd020120
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt039798
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt044059
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/ContributionsGiftsGrantsEtcAmt060855
IRS990EZ/CostOfGoodsSoldAmt00
IRS990EZ/CostOrOtherBasisExpenseSaleAmt00
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt02384
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt03300
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt039798
IRS990EZ/Form990TotalAssetsGrp/EOYAmt044059
IRS990EZ/FundraisingGrossIncomeAmt00
IRS990EZ/GainOrLossFromSaleOfAssetsAmt00
IRS990EZ/GamingGrossIncomeAmt00
IRS990EZ/GrossProfitLossSlsOfInvntryAmt00
IRS990EZ/GrossReceiptsAmt079048
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InvestmentIncomeAmt00
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MembershipDuesAmt00
IRS990EZ/MethodOfAccountingAccrualInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt039798
IRS990EZ/NetAssetsOrFundBalancesEOYAmt042182
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt039798
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt042182
IRS990EZ/OccupancyRentUtltsAndMaintAmt03042
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt010.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt11.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt21.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt31.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt45.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt42240
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0SEUNG-HEE NAH
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1JEEYEON SEO
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2DECLAN CUMMINGS
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3GRACE CHO
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4SEUNGHYUN KO
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0Chair of Directors
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3Treasurer
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4Director of Programs and Administration
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherExpensesTotalAmt066613
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0Pursues the Cause of Advancing Welfare
IRS990EZ/PrintingPublicationsPostageAmt01469
IRS990EZ/ProgramServiceRevenueAmt018193
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0The WLP-The Organization concluded its 14th Annual Washington Leadership Program in July, 2017 for university students those who escaped from North Korea.
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt055007
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/SalariesOtherCompEmplBnftAmt02240
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SpecialEventsDirectExpensesAmt00
IRS990EZ/SpecialEventsNetIncomeLossAmt00
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt01877
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt076664
IRS990EZ/TotalProgramServiceExpensesAmt055007
IRS990EZ/TotalRevenueAmt079048
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0WWW.KASM.ORG
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt079048
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt066562
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt044759
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt044881
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt024125
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0259375
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt018
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt040
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt020
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt078
IRS990ScheduleA/InvestmentIncomeCYPct00
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.99970
IRS990ScheduleA/PublicSupportCY509Pct00
IRS990ScheduleA/PublicSupportPY170Pct00.99960
IRS990ScheduleA/PublicSupportTotal170Amt0259375
IRS990ScheduleA/PublicSupportTotal509Amt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt079048
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt066562
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt044759
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt044881
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt024125
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0259375
IRS990ScheduleA/TotalSupportAmt0259453
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Public Education Program 3523.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Washington Leadership Program 55007.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Scholarship 7500.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Gifts 83.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Depreciation 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5Donation 500.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6Paypal Deposits 0. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7Accounts Payable 1877.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8Telephone
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Form 990EZ, Part II, Line 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7Form 990EZ, Part II, Line 26
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8Form 990, Part IX, Line 24e
ReturnHeader/BuildTS02018-06-14 16:35:46Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0SEUNG-HEE NAH
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0CHAIR OF DIRECTORS
ReturnHeader/BusinessOfficerGrp/PhoneNum05712745568
ReturnHeader/BusinessOfficerGrp/SignatureDt02018-03-13
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0Korean American Sharing Movement Inc
ReturnHeader/Filer/BusinessNameControlTxt0KORE
ReturnHeader/Filer/EIN0522016400
ReturnHeader/Filer/PhoneNum05712745568
ReturnHeader/Filer/USAddress/AddressLine1Txt013541 Lamium Drive
ReturnHeader/Filer/USAddress/CityNm0Centreville
ReturnHeader/Filer/USAddress/StateAbbreviationCd0VA
ReturnHeader/Filer/USAddress/ZIPCd020120
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId04BA2757FE22509BF83EBDAC38809792BC0207D67
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId04BA2757FE22509BF83EBDAC38809792BC0207D67
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt0100.36.12.44
ReturnHeader/FilingSecurityInformation/IPDt02018-03-15
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0PD
ReturnHeader/FilingSecurityInformation/IPTm005:56:27
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0SUNG UN KIM & CO
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt04948 SAINT ELMO AVE STE 205
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0BETHESDA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0MD
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0208146066
ReturnHeader/PreparerPersonGrp/PhoneNum03019518933
ReturnHeader/PreparerPersonGrp/PreparationDt02018-03-13
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0SUNG UN KIM EA CPA
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02018-03-15T05:56:33-07:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02017-01-01
ReturnHeader/TaxPeriodEndDt02017-12-31
ReturnHeader/TaxYr02017

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

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

Open filing
Assets
$44,059
Liabilities
$1,877
Net assets
$42,182
Revenue
$79,048
Expenses
$76,664
Net income
$2,384
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$0.20$0.20$0.30$0.24$0.06
2024Detailed filing. Detailed filing data is available for this year.$0.14$0.14$0.25$0.24$0.01
2023Detailed filing. Detailed filing data is available for this year.$0.13$0.00$0.13$0.37$0.44$0.07
2022Detailed filing. Detailed filing data is available for this year.$0.22$0.02$0.20$1.24$1.35$0.11
2021Detailed filing. Detailed filing data is available for this year.$0.40$0.08$0.32$0.79$0.72$0.07
2020Summary only. Only limited summary data is available for this year.$0.32$0.06$0.19$0.21$0.03
2019Summary only. Only limited summary data is available for this year.$0.37$0.09$0.87$0.88$0.01
2018Detailed filing. Detailed filing data is available for this year.$0.32$0.03$0.29$0.91$1.03$0.12
2017Detailed filing. Detailed filing data is available for this year.$0.44$0.02$0.42$0.79$0.77$0.02
2016Detailed filing. Detailed filing data is available for this year.$0.40$0.40$0.67$0.66$0.00
2014Detailed filing. Detailed filing data is available for this year.$0.54$0.03$0.51$0.49$0.45$0.03
2013Summary only. Only limited summary data is available for this year.$0.49$0.01$0.48$0.24$0.20$0.04
2012Summary only. Only limited summary data is available for this year.$0.45$0.00$0.45$0.43$0.38$0.05
2011Summary only. Only limited summary data is available for this year.$0.43$0.03$0.40$0.39$0.48$0.10