Civic Intelligence

Honam Hyangwoo Association of Dfw

EIN 81-1043886 • 501(c)3 • Dallas, TX

Profile

To provide charitable and educational services and promote mutual understanding in honam korean-american community.

11500 N Stemmons Fwy Ste 150Dallas, TX 75229

n/A

Siviq Scores

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

Liabilities / Assets

92nd percentile

0.93x

Higher debt load relative to assets than 92% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2020

Liabilities / Revenue

87th percentile

0.21x

Higher debt load relative to revenue than 87% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2020

Net Margin

37th percentile

-4.6%

Higher net margin than 37% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2020

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 2020

Asset Growth

30th percentile

-23%

Faster asset growth than 30% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2019 to 2020

Revenue Growth

40th percentile

-12%

Faster revenue growth than 40% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2019 to 2020

Balance Sheet
Liabilities / Assets92nd percentile

Assets

Down

$2,494

Down $752 (-23%) from 2019

Liabilities

Down

$2,309

Down $253 (-9.9%) from 2019

Net Assets

Down

$185

Down $499 (-73%) from 2019

Operations
Liabilities / Revenue87th percentileNet Margin37th percentile

Revenue

Down

$10,800

Down $1,485 (-12%) from 2019

Expenses

Down

$11,299

Down $677 (-5.7%) from 2019

Net Income

Down

-$499

Down $808 (-261%) from 2019

Trend Graphs

Balance Sheet Trend

Asset Growth30th percentile

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

$6.0K$4.0K$2.0K$0Assets 2017: $4,809Liabilities 2017: $2,784Net Assets 2017: $2,0252017Assets 2018: $3,264Liabilities 2018: $2,890Net Assets 2018: $3742018Assets 2019: $3,246Liabilities 2019: $2,562Net Assets 2019: $6842019Assets 2020: $2,494Liabilities 2020: $2,309Net Assets 2020: $1852020

Highlighted filing

2020

Assets$2,494
Liabilities$2,309
Net Assets$185
Open 2020 Filing

Operations Trend

Revenue Growth40th percentile

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

$60K$40K$20K$0-$20KRevenue 2017: $48,754Expenses 2017: $46,729Net Income 2017: $2,0252017Revenue 2018: $31,874Expenses 2018: $33,525Net Income 2018: -$1,6512018Revenue 2019: $12,285Expenses 2019: $11,976Net Income 2019: $3092019Revenue 2020: $10,800Expenses 2020: $11,299Net Income 2020: -$4992020

Highlighted filing

2020

Revenue$10,800
Expenses$11,299
Net Income-$499
Open 2020 Filing

Filings

Most recent year

2020 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$2,494
Liabilities
$2,309
Net assets
$185
Revenue
$10,800
Expenses
$11,299
Net income
-$499
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2020Detailed filing. Detailed filing data is available for this year.$2.49$2.31$0.19$10.8$11.3$0.50
2019Detailed filing. Detailed filing data is available for this year.$3.25$2.56$0.68$12.3$12.0$0.31
2018Detailed filing. Detailed filing data is available for this year.$3.26$2.89$0.37$31.9$33.5$1.65
2017Detailed filing. Detailed filing data is available for this year.$4.81$2.78$2.03$48.8$46.7$2.03
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
Apr 29, 2021
Return Version
2020v4.0
Gross Receipts
$10,800
Mission and Program Overview

Mission

To provide charitable and educational services and promote mutual understanding in honam korean-american community.

Program Services

DescriptionGrantsExpenses
NATIONAL HONAM KOREAN-AMERICAN COMMUNITY MEETING AND ANNUAL HONAM KOREAN- AMERICAN COMMUNITY MEETING IN DALLAS-FORT WORTH, TEXAS.-$11,253
NATIONAL HONAM KOREAN-AMERICAN COMMUNITY MEETING AND ANNUAL HONAM KOREAN- AMERICAN COMMUNITY MEETING IN DALLAS-FORT WORTH, TEXAS.-$46
Compensation and Service Providers
Top Officer Pay81st percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
KANG KIMPresident-$0--
Filing and Contact Details

Filer

Filer Name
Honam Hyangwoo Association of Dfw
EIN
81-1043886
Phone
2147708070
Address
11500 N STEMMONS FWY STE 150, DALLAS, TX 75229

Signing Officer

Name
Kang Kim
Title
President
Phone
2147708070
Signed
2021-04-29
Discuss with paid preparer
Yes

Preparer

Firm
Kim CPA Firm Pllc
Address
1445 MAC ARTHUR DR STE 100, CARROLLTON, TX 75007-6456
Preparer
Sang K Park
Phone
9729724930
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 16

“Expenses advertising 500 automobile expense 46 total 546”

Form 990-ez, Part II, Line 26

“Unsecured notes and loans payable 2,562 2,309”

Form 990-ez, Part III

“To provide charitable and educational services and promote mutual understanding in honam korean-american community.”

Form 990-ez, Part III, Line 31

“National honam korean-american community meeting and annual honam korean- american community meeting in dallas-fort worth, texas.”

Raw XML Appendix125 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
CompensationExplanation/CompensationExplanationGrp/PersonNm0KANG KIM
IRS990EZ/ActivitiesNotPreviouslyRptInd0false
IRS990EZ/BenefitsPaidToOrForMembersAmt010753
IRS990EZ/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0HONAM HYANGWOO ASSOCIATION OF DFW
IRS990EZ/BooksInCareOfDetail/PhoneNum02147708070
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt011500 N STEMMONS FWY STE 130
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0DALLAS
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0TX
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd075229
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt03246
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt02494
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/ContributionsGiftsGrantsEtcAmt010800
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt0-499
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt03246
IRS990EZ/Form990TotalAssetsGrp/EOYAmt02494
IRS990EZ/GrossReceiptsAmt010800
IRS990EZ/InfoInScheduleOPartIIIInd0X
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt0684
IRS990EZ/NetAssetsOrFundBalancesEOYAmt0185
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt0684
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt0185
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt0000.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0KANG KIM
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0PRESIDENT
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherExpensesTotalAmt0546
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0TO PROVIDE CHARITABLE AND EDUCATIONAL SERVICES AND PROMOTE MUTUAL UNDERSTANDING IN HONAM KOREAN-AMERICAN COMMUNITY.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0NATIONAL HONAM KOREAN-AMERICAN COMMUNITY MEETING AND ANNUAL HONAM KOREAN- AMERICAN COMMUNITY MEETING IN DALLAS-FORT WORTH, TEXAS.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt1NATIONAL HONAM KOREAN-AMERICAN COMMUNITY MEETING AND ANNUAL HONAM KOREAN- AMERICAN COMMUNITY MEETING IN DALLAS-FORT WORTH, TEXAS.
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt011253
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt146
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt02562
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt02309
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt011299
IRS990EZ/TotalProgramServiceExpensesAmt011299
IRS990EZ/TotalRevenueAmt010800
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt010800
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt012285
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt031874
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt048754
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0103713
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/InvestmentIncomePYPct00.00000
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct01.00000
IRS990ScheduleA/PublicSupportPY509Pct01.00000
IRS990ScheduleA/PublicSupportTotal509Amt0103713
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt010800
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt012285
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt031874
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt048754
IRS990ScheduleA/Total509Grp/TotalAmt0103713
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt010800
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt012285
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt031874
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt048754
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0103713
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0EXPENSES ADVERTISING 500 AUTOMOBILE EXPENSE 46 TOTAL 546
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1UNSECURED NOTES AND LOANS PAYABLE 2,562 2,309
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2TO PROVIDE CHARITABLE AND EDUCATIONAL SERVICES AND PROMOTE MUTUAL UNDERSTANDING IN HONAM KOREAN-AMERICAN COMMUNITY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3NATIONAL HONAM KOREAN-AMERICAN COMMUNITY MEETING AND ANNUAL HONAM KOREAN- AMERICAN COMMUNITY MEETING IN DALLAS-FORT WORTH, TEXAS.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART II, LINE 26
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART III
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990-EZ, PART III, LINE 31
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0KANG KIM
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum02147708070
ReturnHeader/BusinessOfficerGrp/SignatureDt02021-04-29
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0HONAM HYANGWOO ASSOCIATION OF DFW
ReturnHeader/Filer/BusinessNameControlTxt0HONA
ReturnHeader/Filer/EIN0811043886
ReturnHeader/Filer/PhoneNum02147708070
ReturnHeader/Filer/USAddress/AddressLine1Txt011500 N STEMMONS FWY STE 150
ReturnHeader/Filer/USAddress/CityNm0DALLAS
ReturnHeader/Filer/USAddress/StateAbbreviationCd0TX
ReturnHeader/Filer/USAddress/ZIPCd075229
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0824840474
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0KIM CPA FIRM PLLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt01445 MAC ARTHUR DR STE 100
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0CARROLLTON
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0TX
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0750076456
ReturnHeader/PreparerPersonGrp/PhoneNum09729724930
ReturnHeader/PreparerPersonGrp/PreparationDt02021-08-30
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0SANG K PARK
ReturnHeader/ReturnTs02021-08-31T08:09:59-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0KANG
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0KIM
ReturnHeader/TaxPeriodBeginDt02020-01-01
ReturnHeader/TaxPeriodEndDt02020-12-31
ReturnHeader/TaxYr02020

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