Civic Intelligence

Triangle Korean School Inc.

990EZ • Fiscal year 2014 • EIN 71-0956244

Jul 01, 2013 to Jun 30, 2014 • Filed on Sep 12, 2014

Organization Profilewww.rtptks.org
PO Box 30184Raleigh, NC 27622

(919) 866-2463

Siviq Scores

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

Liabilities / Assets

65th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2014 filings • NTEE A23 • <$500k nonprofits • Source year 2014

Liabilities / Revenue

66th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2014 filings • NTEE A23 • <$500k nonprofits • Source year 2014

Net Margin

82nd percentile

39%

Higher net margin than 82% of similar nonprofits.

2014 filings • NTEE A23 • <$500k nonprofits • Source year 2014

Top Officer Pay

89th percentile

$4,800

Higher top officer pay than 89% of similar nonprofits.

Top officer pay equals 9.1% of source-year revenue.

2014 filings • NTEE A23 • <$500k nonprofits • Source year 2014

Asset Growth

53rd percentile

5.4%

Faster asset growth than 53% of similar nonprofits.

2014 filings • NTEE A23 • <$500k nonprofits • Annualized from 2012 to 2014

Revenue Growth

45th percentile

-2.6%

Faster revenue growth than 45% of similar nonprofits.

2014 filings • NTEE A23 • <$500k nonprofits • Annualized from 2012 to 2014

Balance Sheet
Liabilities / Assets65th percentile

Assets

Up

$34,344

Up $3,445 (+11%) from 2012

Net Assets

Up

$34,344

Up $3,445 (+11%) from 2012

Liabilities

$0

No earlier filing loaded for comparison.

Revenue And Expenses
Liabilities / Revenue66th percentileNet Margin82nd percentile

Revenue

Down

$52,559

Down $2,873 (-5.2%) from 2012

Expenses

Down

$32,015

Down $20,573 (-39%) from 2012

Net Income

Up

$20,544

Up $17,700 (+622%) from 2012

Historical Trend

Balance Sheet Trend

Asset Growth53rd percentile

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

$80K$60K$40K$20K$0Assets 2012: $30,899Net Assets 2012: $30,8992012Assets 2014: $34,344Liabilities 2014: $0Net Assets 2014: $34,3442014Assets 2015: $72,422Liabilities 2015: $0Net Assets 2015: $72,4222015Assets 2016: $69,836Liabilities 2016: $0Net Assets 2016: $69,8362016

Highlighted filing

2014

Assets$34,344
Liabilities$0
Net Assets$34,344
Open 2014 Filing

Operations Trend

Revenue Growth45th percentile

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

$60K$40K$20K$0-$20KRevenue 2012: $55,432Expenses 2012: $52,588Net Income 2012: $2,8442012Revenue 2014: $52,559Expenses 2014: $32,015Net Income 2014: $20,5442014Revenue 2015: $58,828Expenses 2015: $44,227Net Income 2015: $14,6012015Revenue 2016: $41,227Expenses 2016: $43,813Net Income 2016: -$2,5862016

Highlighted filing

2014

Revenue$52,559
Expenses$32,015
Net Income$20,544
Open 2014 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2013 to Jun 30, 2014
Signed
Sep 12, 2014
Return Version
2013v3.1
Gross Receipts
$52,559
Mission and Program Overview

Mission

Teaching Korean Language, Culture and History

Program Services

DescriptionGrantsExpenses
The school is to provide educational opportunities to Korean-American children and any interested individuals to learn about Korean language, culture and history.$22,000$22,000
Compensation and Service Providers
Top Officer Pay89th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Mi Kyung ParkPrincipalPT$4,800-$4,800
Filing and Contact Details

Filer

EIN
71-0956244
Phone
9198662463

Signing Officer

Name
Mi Kyung Park
Title
Principal
Signed
2014-09-12
Discuss with paid preparer
No

Preparer

Preparer
Si Young Park
Phone
9198707444
Supplemental Narrative

Additional Explanations

Form 990-EZ, Part I, Line 16, Other Expenses

“Travel 585”

Form 990-EZ, Part I, Line 16, Other Expenses

“Meals and entertainment 2,150”

Form 990-EZ, Part I, Line 16, Other Expenses

“Conferences, conventions, and meetings 746”

Form 990-EZ, Part I, Line 16, Other Expenses

“Supplies 3,341”

Form 990-EZ, Part I, Line 16, Other Expenses

“Insurance 919”

Form 990-EZ, Part I, Line 16, Other Expenses

“Advertisement 640”

Form 990-EZ, Part I, Line 16, Other Expenses

“License Fee 798”

Form 990-EZ, Part I, Line 16, Other Expenses

“Misc 630”

Raw XML Appendix137 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/PersonNm0Si Young Park
IRS990EZ/BooksInCareOfDetail/PhoneNum09198707444
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine107320 Six Forks Rd Suite 201
IRS990EZ/BooksInCareOfDetail/USAddress/City0Raleigh
IRS990EZ/BooksInCareOfDetail/USAddress/State0NC
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCode027615
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt013800
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt034344
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/ContributionsGiftsGrantsEtcAmt039550
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt020544
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt015230
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt013800
IRS990EZ/Form990TotalAssetsGrp/EOYAmt034344
IRS990EZ/GrossReceiptsAmt052559
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt013800
IRS990EZ/NetAssetsOrFundBalancesEOYAmt034344
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt013800
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt034344
IRS990EZ/OccupancyRentUtltsAndMaintAmt06500
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt0005.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt04800
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0Mi Kyung Park
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0Principal
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherExpensesTotalAmt09809
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0Teaching Korean Language, Culture and History
IRS990EZ/PrintingPublicationsPostageAmt0476
IRS990EZ/ProgramServiceRevenueAmt013009
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0The school is to provide educational opportunities to Korean-American children and any interested individuals to learn about Korean language, culture and history.
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt022000
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt022000
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/SchoolOperatingInd0true
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TaxImposedUnderIRC4911Amt00
IRS990EZ/TaxImposedUnderIRC4912Amt00
IRS990EZ/TaxImposedUnderIRC4955Amt00
IRS990EZ/TotalExpensesAmt032015
IRS990EZ/TotalProgramServiceExpensesAmt022000
IRS990EZ/TotalRevenueAmt052559
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0www.rtptks.org
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/PublicSupportCY170Pct00.00000
IRS990ScheduleA/PublicSupportCY509Pct00.00000
IRS990ScheduleA/SchoolInd0X
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990ScheduleE/ComplianceWithRevProc7550Ind0true
IRS990ScheduleE/DiscriminateRaceAdmissPlcyInd0false
IRS990ScheduleE/DiscriminateRaceAthltProgInd0false
IRS990ScheduleE/DiscriminateRaceEducPlcyInd0false
IRS990ScheduleE/DiscriminateRaceEmplmFcultyInd0false
IRS990ScheduleE/DiscriminateRaceOtherActyInd0false
IRS990ScheduleE/DiscriminateRaceSchsInd0false
IRS990ScheduleE/DiscriminateRaceStdntsRghtsInd0false
IRS990ScheduleE/DiscriminateRaceUseOfFcltsInd0false
IRS990ScheduleE/GovernmentFinancialAidRcvdInd0true
IRS990ScheduleE/GovernmentFinancialAidRvkdInd0false
IRS990ScheduleE/MaintainCpyOfAllSolInd0true
IRS990ScheduleE/MaintainCpyOfBrochuresEtcInd0true
IRS990ScheduleE/MaintainRacialCompRecsInd0true
IRS990ScheduleE/MaintainScholarshipsRecsInd0false
IRS990ScheduleE/NondiscriminatoryPolicyStmtInd0true
IRS990ScheduleE/PlcyPblczdViaBroadcastMediaInd0true
IRS990ScheduleE/PolicyStmtInBrochuresEtcInd0true
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt0TKS receive 8,000 Grant from NC Arts Grant Falk Arts and receive 14,000 from Korean Embassy
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc0Line 6a
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Travel 585
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Meals and entertainment 2,150
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Conferences, conventions, and meetings 746
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Supplies 3,341
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Insurance 919
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5Advertisement 640
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6License Fee 798
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7Misc 630
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990-EZ, Part I, Line 16, Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990-EZ, Part I, Line 16, Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990-EZ, Part I, Line 16, Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990-EZ, Part I, Line 16, Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990-EZ, Part I, Line 16, Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Form 990-EZ, Part I, Line 16, Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Form 990-EZ, Part I, Line 16, Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7Form 990-EZ, Part I, Line 16, Other Expenses
ReturnHeader/BuildTS02015-11-30 17:44:51Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0false
ReturnHeader/BusinessOfficerGrp/PersonNm0Mi Kyung Park
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Principal
ReturnHeader/BusinessOfficerGrp/SignatureDt02014-09-12
ReturnHeader/Filer/BusinessName/BusinessNameLine10The Triangle Korean School Inc
ReturnHeader/Filer/BusinessNameControlTxt0TRIA
ReturnHeader/Filer/EIN0710956244
ReturnHeader/Filer/PhoneNum09198662463
ReturnHeader/Filer/USAddress/AddressLine10PO Box 30184
ReturnHeader/Filer/USAddress/City0Raleigh
ReturnHeader/Filer/USAddress/State0NC
ReturnHeader/Filer/USAddress/ZIPCode027622
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine10Si Young Park CPA PLLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine107320 Six Forks Rd Suite 201
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/City0Raleigh
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/State0NC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCode027615
ReturnHeader/PreparerPersonGrp/PhoneNum09198707444
ReturnHeader/PreparerPersonGrp/PreparationDt02014-09-12
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Si Young Park
ReturnHeader/ReturnTs02014-09-12T02:48:33-00:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02013-07-01
ReturnHeader/TaxPeriodEndDt02014-06-30
ReturnHeader/TaxYr02013

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2014 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$34,344
Liabilities
$0
Net assets
$34,344
Revenue
$52,559
Expenses
$32,015
Net income
$20,544
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2016Detailed filing. Detailed filing data is available for this year.$69.8$0.00$69.8$41.2$43.8$2.59
2015Detailed filing. Detailed filing data is available for this year.$72.4$0.00$72.4$58.8$44.2$14.6
2014Detailed filing. Detailed filing data is available for this year.$34.3$0.00$34.3$52.6$32.0$20.5
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$30.9$30.9$55.4$52.6$2.84