Civic Intelligence

Wonkwang Won Buddhism Welfare Foundation Inc.

990EZ • Fiscal year 2021 • EIN 81-4698979

Jan 01, 2021 to Dec 31, 2021 • Filed on Feb 04, 2022

Organization ProfileN/A
11313 Dunleith PlaceGaithersburg, MD 20878

(301) 924-6559

Siviq Scores

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

Liabilities / Assets

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on this filing.

Source year 2021

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on this filing.

Source year 2021

Net Margin

22nd percentile

-13%

Higher net margin than 22% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Top Officer Pay

77th percentile

$0

Higher top officer pay than 77% of similar nonprofits.

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

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Asset Growth

6th percentile

-61%

Faster asset growth than 6% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Annualized from 2020 to 2021

Revenue Growth

18th percentile

-46%

Faster revenue growth than 18% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Annualized from 2020 to 2021

Balance Sheet
Liabilities / AssetsScore unavailable

Assets

Down

$1,694

Down $2,600 (-61%) from 2020

Net Assets

Down

$1,694

Down $2,600 (-61%) from 2020

Liabilities

-

No earlier filing loaded for comparison.

Revenue And Expenses
Liabilities / RevenueScore unavailableNet Margin22nd percentile

Revenue

Down

$20,000

Down $17,000 (-46%) from 2020

Expenses

Down

$22,600

Down $8,600 (-28%) from 2020

Net Income

Down

-$2,600

Down $8,400 (-145%) from 2020

Historical Trend

Balance Sheet Trend

Asset Growth6th percentile

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

$30K$20K$10K$0Assets 2017: $1Liabilities 2017: $1,9422017Assets 2018: $1Liabilities 2018: $2,0412018Assets 2019: $1Liabilities 2019: $1,5062019Assets 2020: $4,294Net Assets 2020: $4,2942020Assets 2021: $1,694Net Assets 2021: $1,6942021Assets 2022: $694Net Assets 2022: $6942022Assets 2023: $4,264Net Assets 2023: $4,2642023Assets 2024: $5,457Net Assets 2024: $5,4572024Assets 2025: $20,987Net Assets 2025: $20,9872025

Highlighted filing

2021

Assets$1,694
Liabilities-
Net Assets$1,694
Open 2021 Filing

Operations Trend

Revenue Growth18th percentile

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

$60K$40K$20K$0-$20KRevenue 2017: $45,000Expenses 2017: $46,942Net Income 2017: -$1,9422017Revenue 2018: $38,100Expenses 2018: $38,199Net Income 2018: -$992018Revenue 2019: $37,000Expenses 2019: $36,465Net Income 2019: $5352019Revenue 2020: $37,000Expenses 2020: $31,200Net Income 2020: $5,8002020Revenue 2021: $20,000Expenses 2021: $22,600Net Income 2021: -$2,6002021Revenue 2022: $29,000Expenses 2022: $30,000Net Income 2022: -$1,0002022Revenue 2023: $23,500Expenses 2023: $19,930Net Income 2023: $3,5702023Revenue 2024: $12,093Expenses 2024: $10,900Net Income 2024: $1,1932024Revenue 2025: $31,330Expenses 2025: $15,800Net Income 2025: $15,5302025

Highlighted filing

2021

Revenue$20,000
Expenses$22,600
Net Income-$2,600
Open 2021 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2021 to Dec 31, 2021
Signed
Feb 4, 2022
Return Version
2021v4.0
Gross Receipts
$20,000
Mission and Program Overview

Mission

Expand spiritual power and conquering material power through faith in a religion based in truth

Program Services

DescriptionGrantsExpenses
SUPPORTING BUDDHISM RELIGION-$22,600
Compensation and Service Providers
Top Officer Pay77th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
SEUNG LIN SEODirector-$0--
SAERA LEE SEODirector-$0--
KUN SIK LEEDirector-$0--
Filing and Contact Details

Filer

Filer Name
Wonkwang Won Buddhism Welfare Found
EIN
81-4698979
Phone
3019246559
Address
11313 DUNLEITH PLACE, GAITHERSBURG, MD 20878

Signing Officer

Name
Seung Lin Seo
Title
Director
Phone
3019246559
Signed
2022-02-04
Discuss with paid preparer
Yes

Preparer

Firm
K & K Accounting
Address
3444 ELLICOTT CENTER DR SUITE 204, ELLICOTT CITY, MD 21043-4596
Preparer
Taek Y Kwon CPA Cma
Phone
4438732800
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 16

“Expenses program support buddhism 22,600 total 22,600”

Form 990-ez, Part III

“Expand spiritual power and conquering material power through faith in a religion based in truth”

Raw XML Appendix101 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/PersonNm0SEUNG LIN SEO
IRS990EZ/BooksInCareOfDetail/PhoneNum03019246559
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt011313 DUNLEITH PL
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0GAITHERSBURG
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0MD
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd020878
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt04294
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt01694
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/ContributionsGiftsGrantsEtcAmt020000
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt0-2600
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt04294
IRS990EZ/Form990TotalAssetsGrp/EOYAmt01694
IRS990EZ/GrossReceiptsAmt020000
IRS990EZ/InfoInScheduleOPartIIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt04294
IRS990EZ/NetAssetsOrFundBalancesEOYAmt01694
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt04294
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt01694
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt0000.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt1000.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt2000.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0SEUNG LIN SEO
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1SAERA LEE SEO
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2KUN SIK LEE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2DIRECTOR
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherExpensesTotalAmt022600
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0EXPAND SPIRITUAL POWER AND CONQUERING MATERIAL POWER THROUGH FAITH IN A RELIGION BASED IN TRUTH
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0SUPPORTING BUDDHISM RELIGION
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt022600
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt022600
IRS990EZ/TotalProgramServiceExpensesAmt022600
IRS990EZ/TotalRevenueAmt020000
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleA/ChurchInd0X
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0EXPENSES PROGRAM SUPPORT BUDDHISM 22,600 TOTAL 22,600
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1EXPAND SPIRITUAL POWER AND CONQUERING MATERIAL POWER THROUGH FAITH IN A RELIGION BASED IN TRUTH
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART III
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0SEUNG LIN SEO
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0DIRECTOR
ReturnHeader/BusinessOfficerGrp/PhoneNum03019246559
ReturnHeader/BusinessOfficerGrp/SignatureDt02022-02-04
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0WONKWANG WON BUDDHISM WELFARE FOUND
ReturnHeader/Filer/BusinessNameControlTxt0WONK
ReturnHeader/Filer/EIN0814698979
ReturnHeader/Filer/PhoneNum03019246559
ReturnHeader/Filer/USAddress/AddressLine1Txt011313 DUNLEITH PLACE
ReturnHeader/Filer/USAddress/CityNm0GAITHERSBURG
ReturnHeader/Filer/USAddress/StateAbbreviationCd0MD
ReturnHeader/Filer/USAddress/ZIPCd020878
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0452497497
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0K & K ACCOUNTING
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt03444 ELLICOTT CENTER DR SUITE 204
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0ELLICOTT CITY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0MD
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0210434596
ReturnHeader/PreparerPersonGrp/PhoneNum04438732800
ReturnHeader/PreparerPersonGrp/PreparationDt02022-04-22
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0TAEK Y KWON CPA CMA
ReturnHeader/ReturnTs02022-04-25T15:17:04-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0SEUNG
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0SEO
ReturnHeader/TaxPeriodBeginDt02021-01-01
ReturnHeader/TaxPeriodEndDt02021-12-31
ReturnHeader/TaxYr02021

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2021 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$1,694
Liabilities
-
Net assets
$1,694
Revenue
$20,000
Expenses
$22,600
Net income
-$2,600
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$21.0$21.0$31.3$15.8$15.5
2024Detailed filing. Detailed filing data is available for this year.$5.46$5.46$12.1$10.9$1.19
2023Detailed filing. Detailed filing data is available for this year.$4.26$4.26$23.5$19.9$3.57
2022Detailed filing. Detailed filing data is available for this year.$0.69$0.69$29.0$30.0$1.00
2021Detailed filing. Detailed filing data is available for this year.$1.69$1.69$20.0$22.6$2.60
2020Detailed filing. Detailed filing data is available for this year.$4.29$4.29$37.0$31.2$5.80
2019Summary only. Only limited summary data is available for this year.$0.00$1.51$37.0$36.5$0.54
2018Summary only. Only limited summary data is available for this year.$0.00$2.04$38.1$38.2$0.10
2017Summary only. Only limited summary data is available for this year.$0.00$1.94$45.0$46.9$1.94