Civic Intelligence

Korean American Future Foundation

EIN 81-3111989 • 501(c)3 • Los Angeles, CA

Profile

The specific purpose of this corporation is to support, the korean-american community in communicating with the mainstream, and to grow together as equal members of american society.

3600 Wilshire Blvd Ste 722Los Angeles, CA 90010
Siviq Scores

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

Liabilities / Assets

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on the latest valid filing.

Source year 2024

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on the latest valid filing.

Source year 2024

Net Margin

Score unavailable

No value available

Net margin requires both revenue and expenses on the latest valid filing.

Source year 2024

Top Officer Pay

81st percentile

$0

Higher top officer pay than 81% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2024

Asset Growth

37th percentile

-13%

Faster asset growth than 37% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2023 to 2024

Revenue Growth

Score unavailable

No value available

No valid filing value is available for this score.

Assets

Up

$9,198

Up $115 (+1.3%) from 2019

Liabilities

-

No earlier filing loaded for comparison.

Net Assets

Up

$9,198

Up $115 (+1.3%) from 2019

Revenue

Flat

$3,000

Flat from 2019

Expenses

Down

$4,304

Down $526 (-11%) from 2019

Net Income

Up

-$1,304

Up $526 (+29%) from 2019

Trend Graphs

Balance Sheet Trend

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

$15K$10K$5.0K$0Assets 2017: $11,416Net Assets 2017: $11,4162017Assets 2018: $10,913Net Assets 2018: $10,9132018Assets 2019: $9,083Net Assets 2019: $9,0832019Assets 2022: $9,198Net Assets 2022: $9,1982022

Highlighted filing

2022

Assets$9,198
Liabilities-
Net Assets$9,198

Operations Trend

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

$15K$10K$5.0K$0-$5.0KExpenses 2017: $6,3122017Revenue 2018: $10,000Expenses 2018: $10,502Net Income 2018: -$5022018Revenue 2019: $3,000Expenses 2019: $4,830Net Income 2019: -$1,8302019Revenue 2022: $3,000Expenses 2022: $4,304Net Income 2022: -$1,3042022

Highlighted filing

2022

Revenue$3,000
Expenses$4,304
Net Income-$1,304

Filings

Latest Detailed Filing

The latest 2022 filing currently has linked XML that has not been fully parsed yet. Showing the latest detailed filing from 2019 below.

Jump To
Filing Snapshot
Filing Period
Jan 1, 2019 to Dec 31, 2019
Signed
Jan 29, 2020
Return Version
2019v5.0
Gross Receipts
$3,000
Mission and Program Overview

Mission

The specific purpose of this corporation is to support, the korean-american community in communicating with the mainstream, and to grow together as equal members of american society.

Program Services

DescriptionGrantsExpenses
THE SPECIFIC PURPOSE OF THIS CORPORATION IS TO SUPPORT, THE KOREAN-AMERICAN COMMUNITY IN COMMUNICATING WITH THE MAINSTREAM, AND TO GROW TOGETHER AS EQUAL MEMBERS OF AMERICAN SOCIETY.-$4,830
THE SPECIFIC PURPOSE OF THIS CORPORATION IS TO SUPPORT, THE KOREAN-AMERICAN COMMUNITY IN COMMUNICATING WITH THE MAINSTREAM, AND TO GROW TOGETHER AS EQUAL MEMBERS OF AMERICAN SOCIETY.--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
KAE HONG KOPresidentPT$0--
Filing and Contact Details

Filer

Filer Name
Korean American Future Foundation
EIN
81-3111989
Phone
2133839665
Address
3600 WILSHIRE BLVD STE 722, LOS ANGELES, CA 90010

Signing Officer

Name
Kae Hong Ko
Title
President
Phone
2133839665
Signed
2020-01-29

Preparer

Firm
Sara Yewon Kim CPA
Address
3435 WILSHIRE BLVD STE 1950, LOS ANGELES, CA 90010
Preparer
Sara Kim
Phone
2133839665
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 10

Korean american foundation 0

Form 990-ez, Part I, Line 16

Expenses office 100 conferences and meetings 3,605 bank charges 60 non-investment depreciation 765 total 4,530

Form 990-ez, Part II, Line 24

4,829 4,829 less accumulated depreciation 1,889 2,654 total 2,940 2,175

Form 990-ez, Part III

The specific purpose of this corporation is to support, the korean-american community in communicating with the mainstream, and to grow together as equal members of american society.

Form 990-ez, Part III, Line 31

The specific purpose of this corporation is to support, the korean-american community in communicating with the mainstream, and to grow together as equal members of american society.

Raw XML Appendix126 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/PersonNm0KAE HONG KO
IRS990EZ/BooksInCareOfDetail/PhoneNum02133839665
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt03600 WILSHIRE BLVD STE 722
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0LOS ANGELES
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0CA
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd090010
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt07973
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt06908
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/ContributionsGiftsGrantsEtcAmt03000
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt0-1830
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt0300
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt010913
IRS990EZ/Form990TotalAssetsGrp/EOYAmt09083
IRS990EZ/GrossReceiptsAmt03000
IRS990EZ/InfoInScheduleOPartIIIInd0X
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt010913
IRS990EZ/NetAssetsOrFundBalancesEOYAmt09083
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt010913
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt09083
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt020.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0KAE HONG KO
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0PRESIDENT
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherAssetsTotalDetail/BOYAmt02940
IRS990EZ/OtherAssetsTotalDetail/EOYAmt02175
IRS990EZ/OtherExpensesTotalAmt04530
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0THE SPECIFIC PURPOSE OF THIS CORPORATION IS TO SUPPORT, THE KOREAN-AMERICAN COMMUNITY IN COMMUNICATING WITH THE MAINSTREAM, AND TO GROW TOGETHER AS EQUAL MEMBERS OF AMERICAN SOCIETY.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0THE SPECIFIC PURPOSE OF THIS CORPORATION IS TO SUPPORT, THE KOREAN-AMERICAN COMMUNITY IN COMMUNICATING WITH THE MAINSTREAM, AND TO GROW TOGETHER AS EQUAL MEMBERS OF AMERICAN SOCIETY.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt1THE SPECIFIC PURPOSE OF THIS CORPORATION IS TO SUPPORT, THE KOREAN-AMERICAN COMMUNITY IN COMMUNICATING WITH THE MAINSTREAM, AND TO GROW TOGETHER AS EQUAL MEMBERS OF AMERICAN SOCIETY.
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt04830
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/StatesWhereCopyOfReturnIsFldCd0CA
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt04830
IRS990EZ/TotalProgramServiceExpensesAmt04830
IRS990EZ/TotalRevenueAmt03000
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt03000
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt010000
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt020000
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt033000
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/InvestmentIncomePYPct00.00000
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct01.00000
IRS990ScheduleA/PublicSupportTotal509Amt033000
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt03000
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt010000
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt020000
IRS990ScheduleA/Total509Grp/TotalAmt033000
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt03000
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt010000
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt020000
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt033000
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0KOREAN AMERICAN FOUNDATION 0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1EXPENSES OFFICE 100 CONFERENCES AND MEETINGS 3,605 BANK CHARGES 60 NON-INVESTMENT DEPRECIATION 765 TOTAL 4,530
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt24,829 4,829 LESS ACCUMULATED DEPRECIATION 1,889 2,654 TOTAL 2,940 2,175
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE SPECIFIC PURPOSE OF THIS CORPORATION IS TO SUPPORT, THE KOREAN-AMERICAN COMMUNITY IN COMMUNICATING WITH THE MAINSTREAM, AND TO GROW TOGETHER AS EQUAL MEMBERS OF AMERICAN SOCIETY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE SPECIFIC PURPOSE OF THIS CORPORATION IS TO SUPPORT, THE KOREAN-AMERICAN COMMUNITY IN COMMUNICATING WITH THE MAINSTREAM, AND TO GROW TOGETHER AS EQUAL MEMBERS OF AMERICAN SOCIETY.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 10
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART I, LINE 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART II, LINE 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990-EZ, PART III
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990-EZ, PART III, LINE 31
ReturnHeader/BuildTS02020-09-22 18:59:49Z
ReturnHeader/BusinessOfficerGrp/PersonNm0KAE HONG KO
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum02133839665
ReturnHeader/BusinessOfficerGrp/SignatureDt02020-01-29
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0KOREAN AMERICAN FUTURE FOUNDATION
ReturnHeader/Filer/BusinessNameControlTxt0KORE
ReturnHeader/Filer/EIN0813111989
ReturnHeader/Filer/PhoneNum02133839665
ReturnHeader/Filer/USAddress/AddressLine1Txt03600 WILSHIRE BLVD STE 722
ReturnHeader/Filer/USAddress/CityNm0LOS ANGELES
ReturnHeader/Filer/USAddress/StateAbbreviationCd0CA
ReturnHeader/Filer/USAddress/ZIPCd090010
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId00A3E868615521219CE7BB212E9565A4F4B2EB9BF
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId0166E2F90B3FC589E33A682CAA3B14E01D316618E
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt0216.240.45.186
ReturnHeader/FilingSecurityInformation/IPDt02020-02-05
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0CS
ReturnHeader/FilingSecurityInformation/IPTm013:22:30
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0452607622
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0SARA YEWON KIM CPA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt03435 WILSHIRE BLVD STE 1950
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0LOS ANGELES
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0CA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd090010
ReturnHeader/PreparerPersonGrp/PhoneNum02133839665
ReturnHeader/PreparerPersonGrp/PreparationDt02020-02-05
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0SARA KIM
ReturnHeader/ReturnTs02020-02-05T13:22:30-06:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02019-01-01
ReturnHeader/TaxPeriodEndDt02019-12-31
ReturnHeader/TaxYr02019

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