Liabilities / Assets
73rd percentile
Higher debt load relative to assets than 73% of similar nonprofits.
H U Lee Memorial Foundation
990 • Fiscal year 2016 • EIN 71-0696757
Siviq Scores
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
0.24x
Liabilities / Revenue
92nd percentile
Higher debt load relative to revenue than 92% of similar nonprofits.
Net Margin
91st percentile
Higher net margin than 91% of similar nonprofits.
Top Officer Pay
49th percentile
Higher top officer pay than 49% of similar nonprofits.
Top officer pay equals 0.0% of source-year revenue.
Asset Growth
54th percentile
Faster asset growth than 54% of similar nonprofits.
Revenue Growth
19th percentile
Faster revenue growth than 19% of similar nonprofits.
Balance Sheet
Assets
Up$503,181
Up $14,486 (+3.0%) from 2015
Net Assets
Up$380,825
Up $34,476 (+10.0%) from 2015
Liabilities
Down$122,356
Down $19,990 (-14%) from 2015
Revenue And Expenses
Revenue
Down$76,397
Down $15,818 (-17%) from 2015
Expenses
Down$40,160
Down $2,523 (-5.9%) from 2015
Net Income
Down$36,237
Down $13,295 (-27%) from 2015
Historical Trend
Jump To
Filing Snapshot
- Filing Period
- Jan 1, 2016 to Dec 31, 2016
- Signed
- Nov 13, 2017
- Return Version
- 2016v3.0
- Gross Receipts
- $79,195
Mission and Program Overview
Mission
To award scholarships to qualified students for taekwondo and to further the principles of taekwondo set forth by grand master h. U. Lee.
Balance Sheet Detail
| Line | Beginning | End | Change |
|---|---|---|---|
| Assets | |||
| Cash and Non-Interest-Bearing Accounts | $353,455 | $487,821 | ▲ $134,366 |
| Investments in Publicly Traded Securities | $108,516 | - | - |
| Accounts Receivable | $26,724 | $15,360 | ▼ $11,364 |
| Total Assets | $488,695 | $503,181 | ▲ $14,486 |
| Liabilities | |||
| Accounts Payable and Accrued Expenses | $142,346 | $122,356 | ▼ $19,990 |
| Total Liabilities | $142,346 | $122,356 | ▼ $19,990 |
| Net Assets / Fund Balance | |||
| Unrestricted Net Assets | $346,349 | $380,825 | ▲ $34,476 |
| Total Net Assets Fund Balance | $346,349 | $380,825 | ▲ $34,476 |
| Total Liabilities and Net Assets / Fund Balance | $488,695 | $503,181 | ▲ $14,486 |
Asset Categories
| Asset | Book Value | Depreciation | Basis |
|---|---|---|---|
| Buildings | - | $4,603 | $4,603 |
Compensation and Service Providers
Board Members and Trustees
| Name | Title |
|---|---|
| Sun C Lee | Chairman |
| Dr Robert Reis | Director |
| Jim Dailey | Director |
| Kathy Lee | Director |
| Linus Raines | Director |
| Patrick Hays | Director |
| Taekwon Lee | Director |
| Jim Wolff | Secretary |
Revenue and Support
Revenue Composition
- Contributions and Grants
- $70,576
- Program Service Revenue
- $0
- Investment Income
- $0
- Other Revenue
- $5,821
- All Other Contributions
- $70,576
- Change in Net Assets
- $36,237
Expenses and Functional Allocation
Major Expense Lines
| Line Item | Amount |
|---|---|
| Grants and Similar Amounts Paid | $36,930 |
| Other Expenses | $3,230 |
| Total Fundraising Expense | $2,525 |
| Professional Fundraising Fees | $0 |
| Salaries, Compensation, and Employee Benefits | $0 |
Functional Expense Allocation
| Line Item | Program | Management | Fundraising | Total |
|---|---|---|---|---|
| Grants to Domestic Individuals | $36,930 | - | - | $36,930 |
| Other Expenses | - | $705 | $2,525 | $705 |
| Total Functional Expenses | $36,930 | $705 | $2,525 | $40,160 |
Fundraising, Events, and Gaming
- Fundraising activities
- No
- Gaming activities
- No
- Professional fundraiser used
- No
Fundraising and Gaming Totals
| Line Item | Amount |
|---|---|
| Professional Fundraising Fees | $0 |
Political and Lobbying Activity
- Political campaign activity
- No
- Lobbying activity
- No
- Subject to proxy tax
- No
Governance and Compliance
Governance Checklist
- Compiled or reviewed by an accountant
- No
- Annual disclosure for covered persons
- Yes
- Business relationship with family members
- No
- Business relationship with organization members
- No
- Material changes to governing documents
- No
- Compensation from other sources disclosed
- No
- CEO compensation reviewed
- Yes
- Other officer compensation reviewed
- Yes
- Conflict-of-interest policy
- Yes
- Audited financial statements prepared
- No
- Key decisions subject to board approval
- No
- Management duties delegated
- No
Governance Explanations
Form 990, Page 6, Part VI, Line 11B
“The 990 is prepared by an independent certified public accountant and is thoroughly reviewed by the audit committee before submission.”
Form 990, Page 6, Part VI, Line 12C
“For each interest disclosed, the full board, or the executive director or the chairperson of the board, as appropriate, will determine whether the organization should: (a) take no action or (b) disclose the situation more broadly and invite discussion/resolution by the full board of what action to take, or (c) refrain from taking action and otherwise avoid the conflict. In most cases the broadest disclosure possible is advisable so that decision-makers can make informed decisions that are in the best interests of the organization. When the conflict involves a decision-maker, the person with the conflict ("interested party"): (i) must fully disclose the conflict to all other decision-makers; (ii) may not be involved in the decision of what action to take (e.g., may not participate in a vote) but may serve as a resource to provide other decision-makers with needed information. In some cases the person with the conflict may be asked to recuse him/herself from sensitive discussions so as not to unduly influence the discussion of the conflict. In all cases, decisions involving a conflict will be made only be disinterested persons. The fact that a conflict was managed and the outcome will be documented in the minutes of board meetings if the conflict was related to a board member, and reported by the executive director to the board/chair of the board/other appropriate committee of the board (e.g., audit committee) if the conflict was related to a staff member. The chairperson of the board/executive director will monitor proposed or ongoing transactions of the organization (e.g., contracts with vendors and collaborations with third parties) for conflicts of interest and disclose them to the board and staff, as appropriate, whether discovered before or after the transaction has occurred.”
Form 990, Page 6, Part VI, Line 15A
“No officers are compensated.”
Form 990, Page 6, Part VI, Line 15B
“No officers are compensated.”
Form 990, Page 6, Part VI, Line 19
“Governing documents are available to the public upon request.”
Filing and Contact Details
Filer
- Filer Name
- Master H U Lee Foundation
- EIN
- 71-0696757
- Phone
- 5015682821
- Address
- 1800 RIVERFRONT DRIVE, LITTLE ROCK, AR 72202
Signing Officer
- Name
- Sun C Lee
- Title
- Chairman
- Phone
- 5015682821
- Signed
- 2017-11-13
- Discuss with paid preparer
- Yes
Organization Details
- Principal Officer
- Sun C Lee
- Formed
- 1990
- Legal Domicile
- Ar
- Voting Board Members
- 8
- Independent Board Members
- 8
- Employees
- 0
- Volunteers
- 50
Preparer
- Firm
- Bell Foster Johnson & Watkins Llp
- Address
- 5420 W MARKHAM ST, LITTLE ROCK, AR 72205-3410
- Preparer
- Tim Johnson CPA
- Phone
- 5016630990
Raw XML Appendix350 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 |
|---|---|---|
| IRS990/AccountantCompileOrReviewInd | 0 | false |
| IRS990/AccountsPayableAccrExpnssGrp/BOYAmt | 0 | 142346 |
| IRS990/AccountsPayableAccrExpnssGrp/EOYAmt | 0 | 122356 |
| IRS990/AccountsReceivableGrp/BOYAmt | 0 | 26724 |
| IRS990/AccountsReceivableGrp/EOYAmt | 0 | 15360 |
| IRS990/ActivitiesConductedPrtshpInd | 0 | false |
| IRS990/ActivityOrMissionDesc | 0 | TO AWARD SCHOLARSHIPS TO QUALIFIED STUDENTS FOR TAEKWONDO AND TO FURTHER THE PRINCIPLES OF TAEKWONDO SET FORTH BY GRAND MASTER H. U. LEE. |
| IRS990/AddressChangeInd | 0 | X |
| IRS990/AllOtherContributionsAmt | 0 | 70576 |
| IRS990/AnnualDisclosureCoveredPrsnInd | 0 | true |
| IRS990/BooksInCareOfDetail/PersonNm | 0 | ZACH ROGERS |
| IRS990/BooksInCareOfDetail/PhoneNum | 0 | 5015682821 |
| IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | 6210 BASELINE ROAD |
| IRS990/BooksInCareOfDetail/USAddress/CityNm | 0 | LITTLE ROCK |
| IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | AR |
| IRS990/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 72209 |
| IRS990/BusinessRlnWithFamMemInd | 0 | false |
| IRS990/BusinessRlnWithOfficerEntInd | 0 | false |
| IRS990/BusinessRlnWithOrgMemInd | 0 | false |
| IRS990/CashNonInterestBearingGrp/BOYAmt | 0 | 353455 |
| IRS990/CashNonInterestBearingGrp/EOYAmt | 0 | 487821 |
| IRS990/ChangeToOrgDocumentsInd | 0 | false |
| IRS990/CollectionsOfArtInd | 0 | false |
| IRS990/CompensationFromOtherSrcsInd | 0 | false |
| IRS990/CompensationProcessCEOInd | 0 | true |
| IRS990/CompensationProcessOtherInd | 0 | true |
| IRS990/ConflictOfInterestPolicyInd | 0 | true |
| IRS990/ConservationEasementsInd | 0 | false |
| IRS990/ConsolidatedAuditFinclStmtInd | 0 | false |
| IRS990/CostOfGoodsSoldAmt | 0 | 2798 |
| IRS990/CreditCounselingInd | 0 | false |
| IRS990/CYBenefitsPaidToMembersAmt | 0 | 0 |
| IRS990/CYContributionsGrantsAmt | 0 | 70576 |
| IRS990/CYGrantsAndSimilarPaidAmt | 0 | 36930 |
| IRS990/CYInvestmentIncomeAmt | 0 | 0 |
| IRS990/CYOtherExpensesAmt | 0 | 3230 |
| IRS990/CYOtherRevenueAmt | 0 | 5821 |
| IRS990/CYProgramServiceRevenueAmt | 0 | 0 |
| IRS990/CYRevenuesLessExpensesAmt | 0 | 36237 |
| IRS990/CYSalariesCompEmpBnftPaidAmt | 0 | 0 |
| IRS990/CYTotalExpensesAmt | 0 | 40160 |
| IRS990/CYTotalFundraisingExpenseAmt | 0 | 2525 |
| IRS990/CYTotalProfFndrsngExpnsAmt | 0 | 0 |
| IRS990/CYTotalRevenueAmt | 0 | 76397 |
| IRS990/DecisionsSubjectToApprovaInd | 0 | false |
| IRS990/DeductibleArtContributionInd | 0 | false |
| IRS990/DeductibleNonCashContriInd | 0 | false |
| IRS990/DelegationOfMgmtDutiesInd | 0 | false |
| IRS990/Desc | 0 | SCHOLARSHIPS GRANTED TO QUALIFIED STUDENTS TO FURTHER THE PRINCIPLES OF TAEKWONDO SET FORTH BY GRAND MASTER H. U. LEE. |
| IRS990/DescribedInSection501c3Ind | 0 | true |
| IRS990/DisregardedEntityInd | 0 | false |
| IRS990/DocumentRetentionPolicyInd | 0 | false |
| IRS990/DonorAdvisedFundInd | 0 | false |
| IRS990/ElectionOfBoardMembersInd | 0 | false |
| IRS990/EmployeeCnt | 0 | 0 |
| IRS990/EngagedInExcessBenefitTransInd | 0 | false |
| IRS990/ExpenseAmt | 0 | 36930 |
| IRS990/FamilyOrBusinessRlnInd | 0 | false |
| IRS990/FederalGrantAuditRequiredInd | 0 | false |
| IRS990/ForeignActivitiesInd | 0 | false |
| IRS990/ForeignFinancialAccountInd | 0 | false |
| IRS990/ForeignOfficeInd | 0 | false |
| IRS990/Form1098CFiledInd | 0 | false |
| IRS990/Form8282PropertyDisposedOfInd | 0 | false |
| IRS990/Form8899Filedind | 0 | false |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 0 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 1 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 2 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 3 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 4 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 5 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 6 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 7 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 0 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 1 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 2 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 3 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 4 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 5 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 6 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 7 | X |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 4 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 5 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 6 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 7 | 0 |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 0 | SUN C LEE |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 1 | JIM WOLFF |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 2 | TAEKWON LEE |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 3 | DR ROBERT REIS |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 4 | LINUS RAINES |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 5 | JIM DAILEY |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 6 | PATRICK HAYS |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 7 | KATHY LEE |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 4 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 5 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 6 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 7 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 4 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 5 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 6 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 7 | 0 |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 0 | CHAIRMAN |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 1 | SECRETARY |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 2 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 3 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 4 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 5 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 6 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 7 | DIRECTOR |
| IRS990/Form990ProvidedToGvrnBodyInd | 0 | true |
| IRS990/FormationYr | 0 | 1990 |
| IRS990/FormerOfcrEmployeesListedInd | 0 | false |
| IRS990/FSAuditedInd | 0 | false |
| IRS990/FundraisingActivitiesInd | 0 | false |
| IRS990/GamingActivitiesInd | 0 | false |
| IRS990/GoverningBodyVotingMembersCnt | 0 | 8 |
| IRS990/GrantAmt | 0 | 36930 |
| IRS990/GrantsToDomesticIndividualsGrp/ProgramServicesAmt | 0 | 36930 |
| IRS990/GrantsToDomesticIndividualsGrp/TotalAmt | 0 | 36930 |
| IRS990/GrantsToIndividualsInd | 0 | true |
| IRS990/GrantsToOrganizationsInd | 0 | false |
| IRS990/GrantToRelatedPersonInd | 0 | false |
| IRS990/GrossReceiptsAmt | 0 | 79195 |
| IRS990/GrossSalesOfInventoryAmt | 0 | 8619 |
| IRS990/GroupReturnForAffiliatesInd | 0 | false |
| IRS990/IncludeFIN48FootnoteInd | 0 | false |
| IRS990/IndependentAuditFinclStmtInd | 0 | false |
| IRS990/IndependentVotingMemberCnt | 0 | 8 |
| IRS990/IndoorTanningServicesInd | 0 | false |
| IRS990/InfoInScheduleOPartVIInd | 0 | X |
| IRS990/InvestmentInJointVentureInd | 0 | false |
| IRS990/InvestmentsPubTradedSecGrp/BOYAmt | 0 | 108516 |
| IRS990/IRPDocumentCnt | 0 | 0 |
| IRS990/IRPDocumentW2GCnt | 0 | 0 |
| IRS990/LandBldgEquipAccumDeprecAmt | 0 | 4603 |
| IRS990/LandBldgEquipCostOrOtherBssAmt | 0 | 4603 |
| IRS990/LegalDomicileStateCd | 0 | AR |
| IRS990/LoanOutstandingInd | 0 | false |
| IRS990/LobbyingActivitiesInd | 0 | false |
| IRS990/LocalChaptersInd | 0 | false |
| IRS990/MaterialDiversionOrMisuseInd | 0 | false |
| IRS990/MembersOrStockholdersInd | 0 | false |
| IRS990/MethodOfAccountingAccrualInd | 0 | X |
| IRS990/MinutesOfCommitteesInd | 0 | true |
| IRS990/MinutesOfGoverningBodyInd | 0 | true |
| IRS990/MissionDesc | 0 | TO AWARD SCHOLARSHIPS TO QUALIFIED STUDENTS FOR TAEKWONDO AND TO FURTHER THE PRINCIPLES OF TAEKWONDO SET FORTH BY GRAND MASTER H. U. LEE. |
| IRS990/MoreThan5000KToIndividualsInd | 0 | false |
| IRS990/MoreThan5000KToOrgInd | 0 | false |
| IRS990/NetAssetsOrFundBalancesBOYAmt | 0 | 346349 |
| IRS990/NetAssetsOrFundBalancesEOYAmt | 0 | 380825 |
| IRS990/NetIncomeOrLossGrp/RelatedOrExemptFuncIncomeAmt | 0 | 5821 |
| IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt | 0 | 5821 |
| IRS990/NetUnrlzdGainsLossesInvstAmt | 0 | -1761 |
| IRS990/NoListedPersonsCompensatedInd | 0 | X |
| IRS990/NondeductibleContributionsInd | 0 | false |
| IRS990/OfficerMailingAddressInd | 0 | false |
| IRS990/OperateHospitalInd | 0 | false |
| IRS990/Organization501c3Ind | 0 | X |
| IRS990/OrganizationFollowsSFAS117Ind | 0 | X |
| IRS990/OtherExpensesGrp/Desc | 0 | CONTRIBUTION CAMPAIGN |
| IRS990/OtherExpensesGrp/Desc | 1 | BANK CHARGES |
| IRS990/OtherExpensesGrp/FundraisingAmt | 0 | 2525 |
| IRS990/OtherExpensesGrp/ManagementAndGeneralAmt | 0 | 705 |
| IRS990/OtherExpensesGrp/TotalAmt | 0 | 2525 |
| IRS990/OtherExpensesGrp/TotalAmt | 1 | 705 |
| IRS990/OtherWebsiteInd | 0 | X |
| IRS990/PartialLiquidationInd | 0 | false |
| IRS990/PayPremiumsPrsnlBnftCntrctInd | 0 | false |
| IRS990/PoliticalCampaignActyInd | 0 | false |
| IRS990/PrincipalOfficerNm | 0 | SUN C LEE |
| IRS990/ProfessionalFundraisingInd | 0 | false |
| IRS990/ProhibitedTaxShelterTransInd | 0 | false |
| IRS990/PYContributionsGrantsAmt | 0 | 91379 |
| IRS990/PYExcessBenefitTransInd | 0 | false |
| IRS990/PYGrantsAndSimilarPaidAmt | 0 | 37465 |
| IRS990/PYInvestmentIncomeAmt | 0 | 4206 |
| IRS990/PYOtherExpensesAmt | 0 | 5218 |
| IRS990/PYOtherRevenueAmt | 0 | -3370 |
| IRS990/PYRevenuesLessExpensesAmt | 0 | 49532 |
| IRS990/PYTotalExpensesAmt | 0 | 42683 |
| IRS990/PYTotalRevenueAmt | 0 | 92215 |
| IRS990/QuidProQuoContributionsInd | 0 | false |
| IRS990/RcvFndsToPayPrsnlBnftCntrctInd | 0 | false |
| IRS990/ReconcilationRevenueExpnssAmt | 0 | 36237 |
| IRS990/RegularMonitoringEnfrcInd | 0 | true |
| IRS990/RelatedEntityInd | 0 | false |
| IRS990/RelatedOrganizationCtrlEntInd | 0 | false |
| IRS990/ReportInvestmentsOtherSecInd | 0 | false |
| IRS990/ReportLandBuildingEquipmentInd | 0 | true |
| IRS990/ReportOtherAssetsInd | 0 | false |
| IRS990/ReportOtherLiabilitiesInd | 0 | false |
| IRS990/ReportProgramRelatedInvstInd | 0 | false |
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| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt | 0 | 91379 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt | 0 | 104537 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt | 0 | 234844 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt | 0 | 187505 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt | 0 | 688841 |
| IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt | 0 | 4206 |
| IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt | 0 | 6816 |
| IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt | 0 | 6708 |
| IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt | 0 | 4880 |
| IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt | 0 | 22610 |
| IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt | 0 | 8619 |
| IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt | 0 | 6611 |
| IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt | 0 | 52846 |
| IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt | 0 | 68203 |
| IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt | 0 | 136279 |
| IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt | 0 | 4206 |
| IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt | 0 | 6816 |
| IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt | 0 | 6708 |
| IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt | 0 | 4880 |
| IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt | 0 | 22610 |
| IRS990ScheduleA/InvestmentIncomeCYPct | 0 | 0.03000 |
| IRS990ScheduleA/InvestmentIncomePYPct | 0 | 0.03000 |
| IRS990ScheduleA/PubliclySupportedOrg509a2Ind | 0 | X |
| IRS990ScheduleA/PublicSupportCY509Pct | 0 | 0.97330 |
| IRS990ScheduleA/PublicSupportPY509Pct | 0 | 0.97190 |
| IRS990ScheduleA/PublicSupportTotal509Amt | 0 | 825120 |
| IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind | 0 | X |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt | 0 | 79195 |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt | 0 | 97990 |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt | 0 | 157383 |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt | 0 | 303047 |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt | 0 | 187505 |
| IRS990ScheduleA/Total509Grp/TotalAmt | 0 | 825120 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt | 0 | 79195 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt | 0 | 102196 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt | 0 | 164199 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt | 0 | 309755 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt | 0 | 192385 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt | 0 | 847730 |
| IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine1 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorNum | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine1 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine2 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt | 0 | RESTRICTED |
| IRS990/ScheduleBRequiredInd | 0 | true |
| IRS990ScheduleD/BuildingsGrp/DepreciationAmt | 0 | 4603 |
| IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt | 0 | 4603 |
| IRS990ScheduleI/GrantRecordsMaintainedInd | 0 | true |
| IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt | 0 | 36930 |
| IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt | 0 | ACADEMIC SCHOLARSHIPS |
| IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt | 0 | 58 |
| IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/ValuationMethodUsedDesc | 0 | CASH |
| IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt | 0 | THE COMMITTEE FOR SCHOLARSHIP APPROVAL MONITORS THE SCHOLARSHIP FUNDS AND ENSURES THE SAFETY OF THOSE FUNDS. SCHOLARSHIPS ARE GRANTED BY THE SCHOLARSHIP COMMITTEE BASED ON A SELECTION PROCESS, PROVIDED THE STUDENTS MEET THE REQUIREMENTS LISTED ON THE ORGANIZATION'S WEBSITE. |
| IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | SCHEDULE I, PAGE 1, PART I, LINE 2 |
| IRS990/ScheduleJRequiredInd | 0 | false |
| IRS990/ScheduleORequiredInd | 0 | true |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | THE 990 IS PREPARED BY AN INDEPENDENT CERTIFIED PUBLIC ACCOUNTANT AND IS THOROUGHLY REVIEWED BY THE AUDIT COMMITTEE BEFORE SUBMISSION. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | FOR EACH INTEREST DISCLOSED, THE FULL BOARD, OR THE EXECUTIVE DIRECTOR OR THE CHAIRPERSON OF THE BOARD, AS APPROPRIATE, WILL DETERMINE WHETHER THE ORGANIZATION SHOULD: (A) TAKE NO ACTION OR (B) DISCLOSE THE SITUATION MORE BROADLY AND INVITE DISCUSSION/RESOLUTION BY THE FULL BOARD OF WHAT ACTION TO TAKE, OR (C) REFRAIN FROM TAKING ACTION AND OTHERWISE AVOID THE CONFLICT. IN MOST CASES THE BROADEST DISCLOSURE POSSIBLE IS ADVISABLE SO THAT DECISION-MAKERS CAN MAKE INFORMED DECISIONS THAT ARE IN THE BEST INTERESTS OF THE ORGANIZATION. WHEN THE CONFLICT INVOLVES A DECISION-MAKER, THE PERSON WITH THE CONFLICT ("INTERESTED PARTY"): (I) MUST FULLY DISCLOSE THE CONFLICT TO ALL OTHER DECISION-MAKERS; (II) MAY NOT BE INVOLVED IN THE DECISION OF WHAT ACTION TO TAKE (E.G., MAY NOT PARTICIPATE IN A VOTE) BUT MAY SERVE AS A RESOURCE TO PROVIDE OTHER DECISION-MAKERS WITH NEEDED INFORMATION. IN SOME CASES THE PERSON WITH THE CONFLICT MAY BE ASKED TO RECUSE HIM/HERSELF FROM SENSITIVE DISCUSSIONS SO AS NOT TO UNDULY INFLUENCE THE DISCUSSION OF THE CONFLICT. IN ALL CASES, DECISIONS INVOLVING A CONFLICT WILL BE MADE ONLY BE DISINTERESTED PERSONS. THE FACT THAT A CONFLICT WAS MANAGED AND THE OUTCOME WILL BE DOCUMENTED IN THE MINUTES OF BOARD MEETINGS IF THE CONFLICT WAS RELATED TO A BOARD MEMBER, AND REPORTED BY THE EXECUTIVE DIRECTOR TO THE BOARD/CHAIR OF THE BOARD/OTHER APPROPRIATE COMMITTEE OF THE BOARD (E.G., AUDIT COMMITTEE) IF THE CONFLICT WAS RELATED TO A STAFF MEMBER. THE CHAIRPERSON OF THE BOARD/EXECUTIVE DIRECTOR WILL MONITOR PROPOSED OR ONGOING TRANSACTIONS OF THE ORGANIZATION (E.G., CONTRACTS WITH VENDORS AND COLLABORATIONS WITH THIRD PARTIES) FOR CONFLICTS OF INTEREST AND DISCLOSE THEM TO THE BOARD AND STAFF, AS APPROPRIATE, WHETHER DISCOVERED BEFORE OR AFTER THE TRANSACTION HAS OCCURRED. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | NO OFFICERS ARE COMPENSATED. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | NO OFFICERS ARE COMPENSATED. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 4 | GOVERNING DOCUMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST. |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | FORM 990, PAGE 6, PART VI, LINE 11B |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | FORM 990, PAGE 6, PART VI, LINE 12C |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | FORM 990, PAGE 6, PART VI, LINE 15A |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | FORM 990, PAGE 6, PART VI, LINE 15B |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 4 | FORM 990, PAGE 6, PART VI, LINE 19 |
| IRS990/SchoolOperatingInd | 0 | false |
| IRS990/SignificantChangeInd | 0 | false |
| IRS990/SignificantNewProgramSrvcInd | 0 | false |
| IRS990/SubjectToProxyTaxInd | 0 | false |
| IRS990/TaxablePartyNotificationInd | 0 | false |
| IRS990/TaxExemptBondsInd | 0 | false |
| IRS990/TempOrPermanentEndowmentsInd | 0 | false |
| IRS990/TerminateOperationsInd | 0 | false |
| IRS990/TotalAssetsBOYAmt | 0 | 488695 |
| IRS990/TotalAssetsEOYAmt | 0 | 503181 |
| IRS990/TotalAssetsGrp/BOYAmt | 0 | 488695 |
| IRS990/TotalAssetsGrp/EOYAmt | 0 | 503181 |
| IRS990/TotalCompGreaterThan150KInd | 0 | false |
| IRS990/TotalContributionsAmt | 0 | 70576 |
| IRS990/TotalEmployeeCnt | 0 | 0 |
| IRS990/TotalFunctionalExpensesGrp/FundraisingAmt | 0 | 2525 |
| IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt | 0 | 705 |
| IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt | 0 | 36930 |
| IRS990/TotalFunctionalExpensesGrp/TotalAmt | 0 | 40160 |
| IRS990/TotalGrossUBIAmt | 0 | 0 |
| IRS990/TotalLiabilitiesBOYAmt | 0 | 142346 |
| IRS990/TotalLiabilitiesEOYAmt | 0 | 122356 |
| IRS990/TotalLiabilitiesGrp/BOYAmt | 0 | 142346 |
| IRS990/TotalLiabilitiesGrp/EOYAmt | 0 | 122356 |
| IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt | 0 | 346349 |
| IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt | 0 | 380825 |
| IRS990/TotalProgramServiceExpensesAmt | 0 | 36930 |
| IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt | 0 | 5821 |
| IRS990/TotalRevenueGrp/TotalRevenueColumnAmt | 0 | 76397 |
| IRS990/TotalVolunteersCnt | 0 | 50 |
| IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt | 0 | 488695 |
| IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt | 0 | 503181 |
| IRS990/TrnsfrExmptNonChrtblRltdOrgInd | 0 | false |
| IRS990/TypeOfOrganizationCorpInd | 0 | X |
| IRS990/UnrelatedBusIncmOverLimitInd | 0 | false |
| IRS990/UnrestrictedNetAssetsGrp/BOYAmt | 0 | 346349 |
| IRS990/UnrestrictedNetAssetsGrp/EOYAmt | 0 | 380825 |
| IRS990/UponRequestInd | 0 | X |
| IRS990/USAddress/AddressLine1Txt | 0 | 6210 BASELINE RD |
| IRS990/USAddress/CityNm | 0 | LITTLE ROCK |
| IRS990/USAddress/StateAbbreviationCd | 0 | AR |
| IRS990/USAddress/ZIPCd | 0 | 72209 |
| IRS990/VotingMembersGoverningBodyCnt | 0 | 8 |
| IRS990/VotingMembersIndependentCnt | 0 | 8 |
| IRS990/WebsiteAddressTxt | 0 | WWW.HULEEFOUNDATION.COM |
| IRS990/WhistleblowerPolicyInd | 0 | false |
| ReturnHeader/BuildTS | 0 | 2017-02-10 21:41:12Z |
| ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd | 0 | true |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | SUN C LEE |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | CHAIRMAN |
| ReturnHeader/BusinessOfficerGrp/PhoneNum | 0 | 5015682821 |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2017-11-13 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt | 0 | MASTER H U LEE FOUNDATION |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | MAST |
| ReturnHeader/Filer/EIN | 0 | 710696757 |
| ReturnHeader/Filer/PhoneNum | 0 | 5015682821 |
| ReturnHeader/Filer/USAddress/AddressLine1Txt | 0 | 1800 RIVERFRONT DRIVE |
| ReturnHeader/Filer/USAddress/CityNm | 0 | LITTLE ROCK |
| ReturnHeader/Filer/USAddress/StateAbbreviationCd | 0 | AR |
| ReturnHeader/Filer/USAddress/ZIPCd | 0 | 72202 |
| ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId | 0 | EC3CFB9FF873EC89FAAF1F420748751FA338FCC8 |
| ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId | 0 | 3DD5D0FADC5FD3038290D493CF907AC3BA83F794 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmEIN | 0 | 263474353 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt | 0 | BELL FOSTER JOHNSON & WATKINS LLP |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt | 0 | 5420 W MARKHAM ST |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm | 0 | LITTLE ROCK |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd | 0 | AR |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd | 0 | 722053410 |
| ReturnHeader/PreparerPersonGrp/PhoneNum | 0 | 5016630990 |
| ReturnHeader/PreparerPersonGrp/PreparationDt | 0 | 2017-11-13 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | TIM JOHNSON CPA |
| ReturnHeader/ReturnTs | 0 | 2017-11-13T13:38:51-06:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990 |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2016-01-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2016-12-31 |
| ReturnHeader/TaxYr | 0 | 2016 |
Document Assets
No mirrored PDF or thumbnail assets are attached yet.
Filings
Displayed year
2016 • Form 990Detailed filing. Detailed filing data is available for this year.
- Assets
- $503,181
- Liabilities
- $122,356
- Net assets
- $380,825
- Revenue
- $76,397
- Expenses
- $40,160
- Net income
- $36,237