Civic Intelligence

Hongik International University

EIN 74-3134282 • 501(c)3 • Los Angeles, CA

Profile

The mission of hongik international university is to improve the quality of health care by providing graduate education for training practitioner with courses of traditional oriental medicine integrated with western medical technology through lecture, hands-on laboratory and clinical training. The university is dedicated to enhancing the standard of professionalism in practice and theory in traditional oriental medicine and the fostering of a commitment to pursue lifelong learning. The university is standing in the forefront to carry forward and develop traditional oriental medicine in american health care. Inherent in the school's mission is nurturing and developing professional healing arts practitioners in their own individual style, art and energy through basic and continuing education.

3700 Wilshire BlvdLos Angeles, CA 90010

www.hongik.ca

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

98th percentile

6.63x

Higher debt load relative to assets than 98% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2015

Liabilities / Revenue

80th percentile

0.07x

Higher debt load relative to revenue than 80% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2015

Net Margin

35th percentile

-5.6%

Higher net margin than 35% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2015

Top Officer Pay

81st percentile

$0

Higher top officer pay than 81% of similar nonprofits.

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

501(c)3 • <$500k nonprofits • Source year 2015

Asset Growth

11th percentile

-99%

Faster asset growth than 11% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2014 to 2015

Revenue Growth

37th percentile

-16%

Faster revenue growth than 37% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2014 to 2015

Balance Sheet
Liabilities / Assets98th percentile

Assets

Down

$1,626

Down $108,398 (-99%) from 2014

Liabilities

Down

$10,778

Down $15,698 (-59%) from 2014

Net Assets

Down

-$9,152

Down $92,700 (-111%) from 2014

Operations
Liabilities / Revenue80th percentileNet Margin35th percentile

Revenue

Down

$163,592

Down $30,113 (-16%) from 2014

Expenses

Down

$172,744

Down $51,784 (-23%) from 2014

Net Income

Up

-$9,152

Up $21,671 (+70%) from 2014

Trend Graphs

Balance Sheet Trend

Asset Growth11th percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$150K$100K$50K$0-$50KAssets 2011: $128,931Liabilities 2011: $10,564Net Assets 2011: $118,3672011Assets 2012: $122,128Liabilities 2012: $1,446Net Assets 2012: $120,6822012Assets 2013: $125,257Liabilities 2013: $10,886Net Assets 2013: $114,3712013Assets 2014: $110,024Liabilities 2014: $26,476Net Assets 2014: $83,5482014Assets 2015: $1,626Liabilities 2015: $10,778Net Assets 2015: -$9,1522015

Highlighted filing

2015

Assets$1,626
Liabilities$10,778
Net Assets-$9,152
Open 2015 Filing

Operations Trend

Revenue Growth37th percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

$300K$200K$100K$0-$100KExpenses 2011: $211,7682011Revenue 2012: $238,037Expenses 2012: $235,722Net Income 2012: $2,3152012Revenue 2013: $236,886Expenses 2013: $243,197Net Income 2013: -$6,3112013Revenue 2014: $193,705Expenses 2014: $224,528Net Income 2014: -$30,8232014Revenue 2015: $163,592Expenses 2015: $172,744Net Income 2015: -$9,1522015

Highlighted filing

2015

Revenue$163,592
Expenses$172,744
Net Income-$9,152
Open 2015 Filing

Filings

Most recent year

2015 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$1,626
Liabilities
$10,778
Net assets
-$9,152
Revenue
$163,592
Expenses
$172,744
Net income
-$9,152
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2015Detailed filing. Detailed filing data is available for this year.$0.02$0.11$0.09$1.64$1.73$0.09
2014Detailed filing. Detailed filing data is available for this year.$1.10$0.26$0.84$1.94$2.25$0.31
2013Detailed filing. Detailed filing data is available for this year.$1.25$0.11$1.14$2.37$2.43$0.06
2012Summary only. Only limited summary data is available for this year.$1.22$0.01$1.21$2.38$2.36$0.02
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.29$0.11$1.18$2.12
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2015 to Dec 31, 2015
Signed
May 12, 2016
Return Version
2015v2.1
Gross Receipts
$163,592
Mission and Program Overview

Mission

The mission of hongik international university is to improve the quality of health care by providing graduate education for training practitioner with courses of traditional oriental medicine integrated with western medical technology through lecture, hands-on laboratory and clinical training. The university is dedicated to enhancing the standard of professionalism in practice and theory in traditional oriental medicine and the fostering of a commitment to pursue lifelong learning. The university is standing in the forefront to carry forward and develop traditional oriental medicine in american health care. Inherent in the school's mission is nurturing and developing professional healing arts practitioners in their own individual style, art and energy through basic and continuing education.

SCHOOL

Program Services

DescriptionGrantsExpenses
ACUPUNTURE SCHOOL$163,592$172,744
Compensation and Service Providers
Top Officer Pay81st percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
-PresidentPT$0--
-Secretary, CFOPT$0--
Filing and Contact Details

Filer

Filer Name
Hongik International University
EIN
74-3134282
Phone
7148082456
Address
3700 WILSHIRE BLVD, LOS ANGELES, CA 90010

Signing Officer

Name
Hyun Lee
Title
President
Phone
7148082456
Signed
2016-05-12

Preparer

Firm
Tony Song & Co
Address
9252 Garden Grove Blvd Ste 20, GARDEN GROVE, CA 92844
Preparer
Tony Song
Supplemental Narrative

Additional Explanations

Form 990EZ, Part I, Line 16

“Advertizing 4900. Bank service 1878. Insurance 3163. Internet 2008. License & permit 1935. Office expense 315. Payroll tax 6076. Supplies 4484. Telephone 661. Wage 65500.”

Raw XML Appendix107 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/BusinessName/BusinessNameLine1Txt0HONGIK INTERNATIONAL UNIVERSITY
IRS990EZ/BooksInCareOfDetail/PhoneNum07148082456
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt03700 WILSHIRE BLVD 100
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0LOS ANGELES
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0CA
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd090010
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt01626
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/ContributionsGiftsGrantsEtcAmt00
IRS990EZ/CostOfGoodsSoldAmt00
IRS990EZ/CostOrOtherBasisExpenseSaleAmt00
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt0-9152
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt07631
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt00
IRS990EZ/Form990TotalAssetsGrp/EOYAmt01626
IRS990EZ/FundraisingGrossIncomeAmt00
IRS990EZ/GainOrLossFromSaleOfAssetsAmt00
IRS990EZ/GamingGrossIncomeAmt00
IRS990EZ/GrossProfitLossSlsOfInvntryAmt00
IRS990EZ/GrossReceiptsAmt0163592
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InvestmentIncomeAmt00
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MembershipDuesAmt00
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesEOYAmt0-9152
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt00
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt0-9152
IRS990EZ/OccupancyRentUtltsAndMaintAmt074193
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt010.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt110.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/BusinessName/BusinessNameLine1Txt0HYUN LEE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/BusinessName/BusinessNameLine1Txt1HAN NA KIM
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1SECRETARY, CFO
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherExpensesTotalAmt090920
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0SCHOOL
IRS990EZ/ProgramServiceRevenueAmt0163592
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0ACUPUNTURE SCHOOL
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt0163592
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt0172744
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SpecialEventsDirectExpensesAmt00
IRS990EZ/SpecialEventsNetIncomeLossAmt00
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt010778
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt0172744
IRS990EZ/TotalProgramServiceExpensesAmt0172744
IRS990EZ/TotalRevenueAmt0163592
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt00
IRS990ScheduleA/InvestmentIncomeCYPct00
IRS990ScheduleA/PublicSupportCY170Pct00
IRS990ScheduleA/PublicSupportCY509Pct00
IRS990ScheduleA/PublicSupportTotal170Amt00
IRS990ScheduleA/PublicSupportTotal509Amt00
IRS990ScheduleA/SchoolInd0X
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0ADVERTIZING 4900. BANK SERVICE 1878. INSURANCE 3163. INTERNET 2008. LICENSE & PERMIT 1935. OFFICE EXPENSE 315. PAYROLL TAX 6076. SUPPLIES 4484. TELEPHONE 661. WAGE 65500.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990EZ, Part I, Line 16
ReturnHeader/BuildTS02016-09-27 15:27:22Z
ReturnHeader/BusinessOfficerGrp/PersonNm0HYUN LEE
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum07148082456
ReturnHeader/BusinessOfficerGrp/SignatureDt02016-05-12
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0HONGIK INTERNATIONAL UNIVERSITY
ReturnHeader/Filer/BusinessNameControlTxt0HONG
ReturnHeader/Filer/EIN0743134282
ReturnHeader/Filer/PhoneNum07148082456
ReturnHeader/Filer/USAddress/AddressLine1Txt03700 WILSHIRE BLVD
ReturnHeader/Filer/USAddress/CityNm0LOS ANGELES
ReturnHeader/Filer/USAddress/StateAbbreviationCd0CA
ReturnHeader/Filer/USAddress/ZIPCd090010
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Tony Song & Co
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt09252 Garden Grove Blvd Ste 20
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0GARDEN GROVE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0CA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd092844
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0TONY SONG
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02016-05-12T17:24:08-07:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02015-01-01
ReturnHeader/TaxPeriodEndDt02015-12-31
ReturnHeader/TaxYr02015

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 501(c)3 • <$500k nonprofits