Civic Intelligence

One Korean

990 • Fiscal year 2018 • EIN 81-1755092

Jan 01, 2018 to Dec 31, 2018 • Filed on Aug 22, 2019

15523 Hartford StLittle Rock, AR 72223

(501) 993-1500

Siviq Scores

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

Liabilities / Assets

57th percentile

0.00x

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

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

Liabilities / Revenue

56th percentile

0.00x

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

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

Net Margin

72nd percentile

16%

Higher net margin than 72% of similar nonprofits.

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

Top Officer Pay

76th percentile

$0

Higher top officer pay than 76% of similar nonprofits.

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

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

Asset Growth

91st percentile

105%

Faster asset growth than 91% of similar nonprofits.

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

Revenue Growth

84th percentile

45%

Faster revenue growth than 84% of similar nonprofits.

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

Assets

Up

$19,812

Up $10,137 (+105%) from 2017

Net Assets

Up

$19,812

Up $10,137 (+105%) from 2017

Liabilities

Flat

$0

Flat from 2017

Revenue

Up

$63,939

Up $19,704 (+45%) from 2017

Expenses

Up

$53,802

Up $12,122 (+29%) from 2017

Net Income

Up

$10,137

Up $7,582 (+297%) from 2017

Historical Trend

Balance Sheet Trend

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

$80K$60K$40K$20K$0Assets 2017: $9,675Liabilities 2017: $0Net Assets 2017: $9,6752017Assets 2018: $19,812Liabilities 2018: $0Net Assets 2018: $19,8122018Assets 2019: $25,778Liabilities 2019: $0Net Assets 2019: $25,7782019Assets 2020: $47,187Liabilities 2020: $0Net Assets 2020: $47,1872020Assets 2021: $65,924Liabilities 2021: $0Net Assets 2021: $65,9242021Assets 2022: $69,118Liabilities 2022: $0Net Assets 2022: $69,1182022Assets 2023: $75,606Liabilities 2023: $0Net Assets 2023: $75,6062023Assets 2024: $68,167Liabilities 2024: $0Net Assets 2024: $68,1672024Assets 2025: $73,883Liabilities 2025: $250Net Assets 2025: $73,6332025

Highlighted filing

2018

Assets$19,812
Liabilities$0
Net Assets$19,812

Operations Trend

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

$100K$50K$0-$50KRevenue 2017: $44,235Expenses 2017: $41,680Net Income 2017: $2,5552017Revenue 2018: $63,939Expenses 2018: $53,802Net Income 2018: $10,1372018Revenue 2019: $67,657Expenses 2019: $57,415Net Income 2019: $10,2422019Revenue 2020: $99,573Expenses 2020: $83,318Net Income 2020: $16,2552020Revenue 2021: $55,544Expenses 2021: $36,807Net Income 2021: $18,7372021Revenue 2022: $57,444Expenses 2022: $54,250Net Income 2022: $3,1942022Revenue 2023: $80,412Expenses 2023: $73,924Net Income 2023: $6,4882023Revenue 2024: $54,006Expenses 2024: $61,445Net Income 2024: -$7,4392024Revenue 2025: $73,245Expenses 2025: $67,779Net Income 2025: $5,4662025

Highlighted filing

2018

Revenue$63,939
Expenses$53,802
Net Income$10,137
Jump To
Filing Snapshot
Filing Period
Jan 1, 2018 to Dec 31, 2018
Signed
Aug 22, 2019
Return Version
2018v3.1
Gross Receipts
$63,939
Mission and Program Overview

Mission

To provide scholarship to the needy

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$9,675$19,812▲ $10,137
Total Assets$9,675$19,812▲ $10,137
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Unrestricted Net Assets$9,675$19,812▲ $10,137
Total Net Assets Fund Balance$9,675$19,812▲ $10,137
Total Liabilities and Net Assets / Fund Balance$9,675$19,812▲ $10,137
Compensation and Service Providers

Board Members and Trustees

NameTitle
Chang Heon LeePresident
Revenue and Support

Revenue Composition

Contributions and Grants
$63,939
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$0
All Other Contributions
$4,629
Change in Net Assets
$10,137
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$53,802
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Other$23,199$155-$23,354
Conferences and Meetings$21,401--$21,401
Travel-$6,580-$6,580
Fees for Services Accounting-$1,000-$1,000
Payments to Affiliates$800--$800
Office Expenses-$392-$392
Fees for Services Legal-$275-$275
Total Functional Expenses$45,400$8,402$0$53,802
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
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
Backup withholding compliance
No
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
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
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

No review was or will be conducted.

Form 990, Page 6, Part VI, Line 19

No documents available to the public

Filing and Contact Details

Filer

Filer Name
One Korean
EIN
81-1755092
Phone
5019931500
Address
15523 HARTFORD ST, LITTLE ROCK, AR 72223

Signing Officer

Name
Chang Heon Lee
Title
President
Phone
5019931500
Signed
2019-08-22
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Chang Heon Lee
Formed
2016
Voting Board Members
6
Independent Board Members
6
Employees
0

Preparer

Firm
Korus Group Inc
Address
600 JEFFERSON PLZ STE 100, ROCKVILLE, MD 20852-1150
Preparer
Samuel Kim
Phone
3013090313
Supplemental Narrative

Additional Explanations

Form 990, Page 2, Part III, Line 4D

To provide scholarship to the needy

Form 990, Part IX, Line 11G

Donation 21,877 0 0 due 0 155 0 outsourcing 150 0 0 misc expense 1,172 0 0 total 23,199 155 0

Raw XML Appendix241 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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IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0TO PROVIDE SCHOLARSHIP TO THE NEEDY
IRS990/AllOtherContributionsAmt04629
IRS990/BackupWthldComplianceInd0false
IRS990/BooksInCareOfDetail/PersonNm0CHANG HEON LEE
IRS990/BooksInCareOfDetail/PhoneNum05019931500
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt015523 HARTFORD ST
IRS990/BooksInCareOfDetail/USAddress/CityNm0LITTLE ROCK
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0AR
IRS990/BooksInCareOfDetail/USAddress/ZIPCd072223
IRS990/BusinessRlnWithFamMemInd0false
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IRS990/CashNonInterestBearingGrp/BOYAmt09675
IRS990/CashNonInterestBearingGrp/EOYAmt019812
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CollectionsOfArtInd0false
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IRS990/CompensationProcessCEOInd0false
IRS990/CompensationProcessOtherInd0false
IRS990/ConferencesMeetingsGrp/ProgramServicesAmt021401
IRS990/ConferencesMeetingsGrp/TotalAmt021401
IRS990/ConflictOfInterestPolicyInd0false
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt063939
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt00
IRS990/CYOtherExpensesAmt053802
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt00
IRS990/CYRevenuesLessExpensesAmt010137
IRS990/CYSalariesCompEmpBnftPaidAmt00
IRS990/CYTotalExpensesAmt053802
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt063939
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/Desc0TO PROVIDE SCHOLARSHIP TO THE NEEDY
IRS990/DescribedInSection501c3Ind0true
IRS990/DisregardedEntityInd0false
IRS990/DocumentRetentionPolicyInd0false
IRS990/DonorAdvisedFundInd0false
IRS990/ElectionOfBoardMembersInd0false
IRS990/EmployeeCnt00
IRS990/EngagedInExcessBenefitTransInd0false
IRS990/FamilyOrBusinessRlnInd0false
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt01000
IRS990/FeesForServicesAccountingGrp/TotalAmt01000
IRS990/FeesForServicesLegalGrp/ManagementAndGeneralAmt0275
IRS990/FeesForServicesLegalGrp/TotalAmt0275
IRS990/FeesForServicesOtherGrp/ManagementAndGeneralAmt0155
IRS990/FeesForServicesOtherGrp/ProgramServicesAmt023199
IRS990/FeesForServicesOtherGrp/TotalAmt023354
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignOfficeInd0false
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/PersonNm0CHANG HEON LEE
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/TitleTxt0PRESIDENT
IRS990/Form990ProvidedToGvrnBodyInd0false
IRS990/FormationYr02016
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedInd0false
IRS990/FundraisingActivitiesInd0false
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt06
IRS990/GovernmentGrantsAmt053610
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt063939
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IndependentAuditFinclStmtInd0false
IRS990/IndependentVotingMemberCnt06
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartIXInd0X
IRS990/InvestmentInJointVentureInd0false
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembershipDuesAmt05700
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0TO PROVIDE SCHOLARSHIP TO THE NEEDY
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt09675
IRS990/NetAssetsOrFundBalancesEOYAmt019812
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd0false
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt0392
IRS990/OfficeExpensesGrp/TotalAmt0392
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/ProgramServicesAmt0800
IRS990/PaymentsToAffiliatesGrp/TotalAmt0800
IRS990/PoliticalCampaignActyInd0false
IRS990/PrincipalOfficerNm0CHANG HEON LEE
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgSrvcAccomActy2Grp/Desc0TO PROMOTE FRIENDSHIP AND COOPERATION AMONG MEMBERS
IRS990/ProgSrvcAccomActy3Grp/Desc0TO PROTECT THE RIGHTS AND IMPROVE THE STATUS OF MEMBERS
IRS990/ProgSrvcAccomActyOtherGrp/Desc0TO PROVIDE SCHOLARSHIP TO THE NEEDY
IRS990/ProgSrvcAccomActyOtherGrp/ExpenseAmt045400
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt044235
IRS990/PYExcessBenefitTransInd0false
IRS990/PYOtherExpensesAmt041680
IRS990/PYRevenuesLessExpensesAmt02555
IRS990/PYTotalExpensesAmt041680
IRS990/PYTotalRevenueAmt044235
IRS990/ReconcilationRevenueExpnssAmt010137
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0false
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt063939
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt044235
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0108174
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct01.00000
IRS990ScheduleA/PublicSupportPY170Pct01.00000
IRS990ScheduleA/PublicSupportTotal170Amt0108174
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt063939
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt044235
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0108174
IRS990ScheduleA/TotalSupportAmt0108174
IRS990/ScheduleBRequiredInd0false
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0false
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0TO PROVIDE SCHOLARSHIP TO THE NEEDY
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1NO REVIEW WAS OR WILL BE CONDUCTED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2NO DOCUMENTS AVAILABLE TO THE PUBLIC
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3DONATION 21,877 0 0 DUE 0 155 0 OUTSOURCING 150 0 0 MISC EXPENSE 1,172 0 0 TOTAL 23,199 155 0
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 2, PART III, LINE 4D
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART IX, LINE 11G
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt09675
IRS990/TotalAssetsEOYAmt019812
IRS990/TotalAssetsGrp/BOYAmt09675
IRS990/TotalAssetsGrp/EOYAmt019812
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt063939
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt08402
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt045400
IRS990/TotalFunctionalExpensesGrp/TotalAmt053802
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesEOYAmt00
IRS990/TotalLiabilitiesGrp/BOYAmt00
IRS990/TotalLiabilitiesGrp/EOYAmt00
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt09675
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt019812
IRS990/TotalOtherProgSrvcExpenseAmt045400
IRS990/TotalProgramServiceExpensesAmt045400
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt063939
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt09675
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt019812
IRS990/TravelGrp/ManagementAndGeneralAmt06580
IRS990/TravelGrp/TotalAmt06580
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnrestrictedNetAssetsGrp/BOYAmt09675
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IRS990/USAddress/CityNm0LITTLE ROCK
IRS990/USAddress/StateAbbreviationCd0AR
IRS990/USAddress/ZIPCd072223
IRS990/VotingMembersGoverningBodyCnt06
IRS990/VotingMembersIndependentCnt06
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02020-01-14 16:20:31Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0CHANG HEON LEE
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum05019931500
ReturnHeader/BusinessOfficerGrp/SignatureDt02019-08-22
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0ONE KOREAN
ReturnHeader/Filer/BusinessNameControlTxt0ONEK
ReturnHeader/Filer/EIN0811755092
ReturnHeader/Filer/PhoneNum05019931500
ReturnHeader/Filer/USAddress/AddressLine1Txt015523 HARTFORD ST
ReturnHeader/Filer/USAddress/CityNm0LITTLE ROCK
ReturnHeader/Filer/USAddress/StateAbbreviationCd0AR
ReturnHeader/Filer/USAddress/ZIPCd072223
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ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId0465E8E203615684503F39A54A362B78824448C58
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt0108.48.90.46
ReturnHeader/FilingSecurityInformation/IPDt02019-10-01
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0CD
ReturnHeader/FilingSecurityInformation/IPTm017:12:20
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0KORUS GROUP INC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0600 JEFFERSON PLZ STE 100
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0ROCKVILLE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0MD
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0208521150
ReturnHeader/PreparerPersonGrp/PhoneNum03013090313
ReturnHeader/PreparerPersonGrp/PreparationDt02019-08-22
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0SAMUEL KIM
ReturnHeader/ReturnTs02019-10-01T17:12:20-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02018-01-01
ReturnHeader/TaxPeriodEndDt02018-12-31
ReturnHeader/TaxYr02018

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Filings