Civic Intelligence

Korean American Sharing Movement Inc.

990EZ • Fiscal year 2018 • EIN 52-2016400

Jan 01, 2018 to Dec 31, 2018 • Filed on Mar 18, 2019

13541 Lamium LaneCentreville, VA 20120

(571) 274-5568

Siviq Scores

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

Liabilities / Assets

78th percentile

0.10x

Higher debt load relative to assets than 78% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Liabilities / Revenue

74th percentile

0.03x

Higher debt load relative to revenue than 74% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Net Margin

20th percentile

-14%

Higher net margin than 20% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Top Officer Pay

78th percentile

$5,000

Higher top officer pay than 78% of similar nonprofits.

Top officer pay equals 5.5% of source-year revenue.

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Asset Growth

16th percentile

-28%

Faster asset growth than 16% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Annualized from 2017 to 2018

Revenue Growth

68th percentile

15%

Faster revenue growth than 68% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Annualized from 2017 to 2018

Assets

Down

$31,925

Down $12,134 (-28%) from 2017

Net Assets

Down

$28,778

Down $13,404 (-32%) from 2017

Liabilities

Up

$3,147

Up $1,270 (+68%) from 2017

Revenue

Up

$90,733

Up $11,685 (+15%) from 2017

Expenses

Up

$103,049

Up $26,385 (+34%) from 2017

Net Income

Down

-$12,316

Down $14,700 (-617%) from 2017

Historical Trend

Balance Sheet Trend

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

2018

Assets$31,925
Liabilities$3,147
Net Assets$28,778

Operations Trend

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

2018

Revenue$90,733
Expenses$103,049
Net Income-$12,316
Jump To
Filing Snapshot
Filing Period
Jan 1, 2018 to Dec 31, 2018
Signed
Mar 18, 2019
Return Version
2018v3.1
Gross Receipts
$90,733
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 15th Annual Washington Leadership Program in July, 2018 for universitystudents those who escaped from North Korea.$0$88,092
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Seunghyun KoDirector Of Programs And AdministrationPT$5,000-$5,000
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 Lane, Centreville, VA 20120

Signing Officer

Name
Seung-Hee Nah
Title
Chair of Directors
Phone
5712745568
Signed
2019-03-18
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 Information Expense 346.

Form 990EZ, Part I, Line 16

Washington Leadership Program 88092.

Form 990EZ, Part I, Line 16

Scholarship 7500.

Form 990EZ, Part I, Line 16

Bank Charges 15.

Form 990EZ, Part I, Line 16

Depreciation 0.

Form 990EZ, Part I, Line 16

Donation 450.

Form 990EZ, Part I, Line 20

Misc. adjustments -1088.

Form 990EZ, Part II, Line 26

Accounts Payable 1877. 3147.

Raw XML Appendix182 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
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IRS990EZ/BooksInCareOfDetail/PhoneNum05712745568
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IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0Centreville
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0VA
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd020120
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IRS990EZ/ExcessOrDeficitForYearAmt0-12316
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt03250
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
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IRS990EZ/MethodOfAccountingAccrualInd0X
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt45000
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt00
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt40
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/OtherChangesInNetAssetsAmt0-1088
IRS990EZ/OtherExpensesTotalAmt096403
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0Pursues the Cause of Advancing Welfare
IRS990EZ/PrintingPublicationsPostageAmt01654
IRS990EZ/ProgramServiceRevenueAmt08500
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IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt00
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt088092
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SpecialEventsDirectExpensesAmt00
IRS990EZ/SpecialEventsNetIncomeLossAmt00
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt01877
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt03147
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt0103049
IRS990EZ/TotalProgramServiceExpensesAmt088092
IRS990EZ/TotalRevenueAmt090733
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0WWW.KASM.ORG
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt090733
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt079048
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt066562
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt044759
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt044881
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0325983
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IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt00
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt018
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt040
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt058
IRS990ScheduleA/InvestmentIncomeCYPct00
IRS990ScheduleA/OtherSupportSumAmt00
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.99980
IRS990ScheduleA/PublicSupportCY509Pct00
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IRS990ScheduleA/PublicSupportTotal170Amt0325983
IRS990ScheduleA/PublicSupportTotal509Amt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt090733
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt079048
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt066562
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt044759
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt044881
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0325983
IRS990ScheduleA/TotalSupportAmt0326041
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Public Information Expense 346.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Washington Leadership Program 88092.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Scholarship 7500.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Bank Charges 15.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Depreciation 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5Donation 450.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6Misc. adjustments -1088.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7Accounts Payable 1877. 3147.
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 I, Line 20
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7Form 990EZ, Part II, Line 26
ReturnHeader/BuildTS02019-02-21 02:37:17Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0Seung-Hee Nah
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Chair of Directors
ReturnHeader/BusinessOfficerGrp/PhoneNum05712745568
ReturnHeader/BusinessOfficerGrp/SignatureDt02019-03-18
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0Korean American Sharing Movement Inc
ReturnHeader/Filer/BusinessNameControlTxt0KORE
ReturnHeader/Filer/EIN0522016400
ReturnHeader/Filer/PhoneNum05712745568
ReturnHeader/Filer/USAddress/AddressLine1Txt013541 Lamium Lane
ReturnHeader/Filer/USAddress/CityNm0Centreville
ReturnHeader/Filer/USAddress/StateAbbreviationCd0VA
ReturnHeader/Filer/USAddress/ZIPCd020120
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ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt0100.36.9.172
ReturnHeader/FilingSecurityInformation/IPDt02019-04-12
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0PD
ReturnHeader/FilingSecurityInformation/IPTm013:46:52
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/PreparationDt02019-03-16
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Sung Un Kim EA CPA
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02019-04-12T13:46:58-07:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02018-01-01
ReturnHeader/TaxPeriodEndDt02018-12-31
ReturnHeader/TaxYr02018

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

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