Liabilities / Assets
90th percentile
Higher debt load relative to assets than 90% of similar nonprofits.
Siviq Scores
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
0.61x
Liabilities / Revenue
97th percentile
Higher debt load relative to revenue than 97% of similar nonprofits.
Net Margin
86th percentile
Higher net margin than 86% of similar nonprofits.
Top Officer Pay
85th percentile
Higher top officer pay than 85% of similar nonprofits.
Top officer pay equals 0.0% of source-year revenue.
Asset Growth
99th percentile
Faster asset growth than 99% of similar nonprofits.
Revenue Growth
92nd percentile
Faster revenue growth than 92% of similar nonprofits.
Balance Sheet
Assets
Up$483,265
Up $468,667 (+3210%) from 2022
Net Assets
Up$189,910
Up $553,832 (+152%) from 2022
Liabilities
Down$293,355
Down $85,165 (-22%) from 2022
Revenue And Expenses
Revenue
Up$199,959
Up $194,584 (+3620%) from 2022
Expenses
Up$115,296
Up $22,048 (+24%) from 2022
Net Income
Up$84,663
Up $172,536 (+196%) from 2022
Historical Trend
Jump To
Filing Snapshot
- Filing Period
- Jan 1, 2024 to Dec 31, 2024
- Signed
- Dec 9, 2025
- Return Version
- 2024v5.0
- Gross Receipts
- $199,959
Mission and Program Overview
Mission
The World Hug Foundation, founded on the principle that every person deserves to be protected and treated equally, aims to promote awareness and be an advocate for not only adoptees, but the adoption issue at large.
The world hug foundaton, founded on the principle that every person deserves to be protected and treated equally, aims to promote awareness and be an advocate for not only adoptees, but the adoption issue at large.
Program Services
| Description | Grants | Expenses |
|---|---|---|
| AS A NON-PROFIT ORGANIZATION, WE VISITED ADOPTIVE FAMILIES, DELIVERED DONATIONS, AND COVERED THE EXPENSES FOR THE ADOPTIVE'S WEDDING. WE ALSO PROVIDED FINANCIAL SUPPORT FOR INDIVIDUALS WHO PASSED AWAY IN ADOPTIVE FAMILIES. | - | - |
Compensation and Service Providers
Employees
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| JOANNA KIL | President | - | $0 | - | - |
| JAEKYU D KANG | Treasurer | - | $0 | - | - |
| JOHN SHIN | Executive Di | - | $0 | - | - |
Filing and Contact Details
Filer
- Filer Name
- World Hug Foundation Inc
- EIN
- 81-5199143
- Phone
- 6462542992
- Address
- 441 E 155TH STREET, BRONX, NY 10455
Signing Officer
- Name
- Joanna Kil
- Title
- President
- Phone
- 6462542992
- Signed
- 2025-12-09
Preparer
- Firm
- David Shin CPA Pc
- Address
- 21814 NORTHERN BLVD STE 108, BAYSIDE, NY 11361-3580
- Preparer
- David Shin
- Phone
- 7183520884
Supplemental Narrative
Additional Explanations
Form 990-ez, Page 1, Item B
“The organization is filing an amended 2024 form 990-ez to correct current assets on the balance sheet. The original 2024 form 990-ez omitted a certificate of deposit of 100,000 and a pledge receivable that should have been included in total net assets as of december 31, 2024.”
Form 990-ez, Part I, Line 16
“Expenses advertising 1,500 technology & it mgmt 1,652 supplies 689 due & subscription 1,137 consulting fee 11,000 charity & relief 5,800 bank fee 2,258 auto & transportation 4,187 total 28,223”
Form 990-ez, Part II, Line 24
“Pledges receivable 376,830 382,400 total 376,830 382,400”
Form 990-ez, Part II, Line 26
“Unsecured notes and loans payable 85,020 0 sba loan 293,500 290,992 fed w/h tax payable 0 1,869 state w/h tax payable 0 494”
Form 990-ez, Part III
“The world hug foundaton, founded on the principle that every person deserves to be protected and treated equally, aims to promote awareness and be an advocate for not only adoptees, but the adoption issue at large.”
Form 990-ez, Part III, Line 28
“As a non-profit organization, we visited adoptive families, delivered donations, and covered the expenses for the adoptive's wedding. We also provided financial support for individuals who passed away in adoptive families.”
Raw XML Appendix137 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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| IRS990EZ/AmendedReturnInd | 0 | X |
| IRS990EZ/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt | 0 | WORLD HUG FOUNDATION INC |
| IRS990EZ/BooksInCareOfDetail/PhoneNum | 0 | 7183520884 |
| IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | 218-14 NORTHERN BLVD SUITE 108 |
| IRS990EZ/BooksInCareOfDetail/USAddress/CityNm | 0 | BAYSIDE |
| IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | NY |
| IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 11361 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt | 0 | 106937 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt | 0 | 100865 |
| IRS990EZ/ChgMadeToOrgnzngDocNotRptInd | 0 | false |
| IRS990EZ/ContributionsGiftsGrantsEtcAmt | 0 | 199959 |
| IRS990EZ/DonorAdvisedFndsInd | 0 | false |
| IRS990EZ/EngagedInExcessBenefitTransInd | 0 | false |
| IRS990EZ/ExcessOrDeficitForYearAmt | 0 | 84663 |
| IRS990EZ/FeesAndOtherPymtToIndCntrctAmt | 0 | 3350 |
| IRS990EZ/FiledScheduleAInd | 0 | true |
| IRS990EZ/ForeignFinancialAccountInd | 0 | false |
| IRS990EZ/ForeignOfficeInd | 0 | false |
| IRS990EZ/Form1120PolFiledInd | 0 | false |
| IRS990EZ/Form990TotalAssetsGrp/BOYAmt | 0 | 483767 |
| IRS990EZ/Form990TotalAssetsGrp/EOYAmt | 0 | 483265 |
| IRS990EZ/GrossReceiptsAmt | 0 | 199959 |
| IRS990EZ/InfoInScheduleOPartIIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIInd | 0 | X |
| IRS990EZ/LobbyingActivitiesInd | 0 | false |
| IRS990EZ/MadeLoansToFromOfficersInd | 0 | false |
| IRS990EZ/MethodOfAccountingAccrualInd | 0 | X |
| IRS990EZ/NetAssetsOrFundBalancesBOYAmt | 0 | 105247 |
| IRS990EZ/NetAssetsOrFundBalancesEOYAmt | 0 | 189910 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt | 0 | 105247 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt | 0 | 189910 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 0 | 000.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 1 | 000.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 2 | 000.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 0 | JOANNA KIL |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 1 | JAEKYU D KANG |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 2 | JOHN SHIN |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 0 | PRESIDENT |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 1 | TREASURER |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 2 | EXECUTIVE DI |
| IRS990EZ/OperateHospitalInd | 0 | false |
| IRS990EZ/Organization501c3Ind | 0 | X |
| IRS990EZ/OrganizationDissolvedEtcInd | 0 | false |
| IRS990EZ/OrganizationHadUBIInd | 0 | false |
| IRS990EZ/OtherAssetsTotalDetail/BOYAmt | 0 | 376830 |
| IRS990EZ/OtherAssetsTotalDetail/EOYAmt | 0 | 382400 |
| IRS990EZ/OtherExpensesTotalAmt | 0 | 28223 |
| IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt | 0 | NONE |
| IRS990EZ/PartVIOfCompOfHghstPdEmplTxt | 0 | NONE |
| IRS990EZ/PoliticalCampaignActyInd | 0 | false |
| IRS990EZ/PrimaryExemptPurposeTxt | 0 | THE WORLD HUG FOUNDATON, FOUNDED ON THE PRINCIPLE THAT EVERY PERSON DESERVES TO BE PROTECTED AND TREATED EQUALLY, AIMS TO PROMOTE AWARENESS AND BE AN ADVOCATE FOR NOT ONLY ADOPTEES, BUT THE ADOPTION ISSUE AT LARGE. |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 0 | AS A NON-PROFIT ORGANIZATION, WE VISITED ADOPTIVE FAMILIES, DELIVERED DONATIONS, AND COVERED THE EXPENSES FOR THE ADOPTIVE'S WEDDING. WE ALSO PROVIDED FINANCIAL SUPPORT FOR INDIVIDUALS WHO PASSED AWAY IN ADOPTIVE FAMILIES. |
| IRS990EZ/ProhibitedTaxShelterTransInd | 0 | false |
| IRS990EZ/RelatedOrganizationCtrlEntInd | 0 | false |
| IRS990EZ/SalariesOtherCompEmplBnftAmt | 0 | 83723 |
| IRS990EZ/ScheduleBNotRequiredInd | 0 | X |
| IRS990EZ/SchoolOperatingInd | 0 | false |
| IRS990EZ/SubjectToProxyTaxInd | 0 | false |
| IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt | 0 | 378520 |
| IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt | 0 | 293355 |
| IRS990EZ/TanningServicesProvidedInd | 0 | false |
| IRS990EZ/TotalExpensesAmt | 0 | 115296 |
| IRS990EZ/TotalRevenueAmt | 0 | 199959 |
| IRS990EZ/TransactionWithControlEntInd | 0 | false |
| IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd | 0 | false |
| IRS990EZ/TypeOfOrganizationCorpInd | 0 | X |
| IRS990EZ/WebsiteAddressTxt | 0 | N/A |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt | 0 | 199959 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt | 0 | 89231 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt | 0 | 5375 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt | 0 | 26680 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt | 0 | 37938 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt | 0 | 359183 |
| IRS990ScheduleA/InvestmentIncomeCYPct | 0 | 0.00000 |
| IRS990ScheduleA/InvestmentIncomePYPct | 0 | 0.00000 |
| IRS990ScheduleA/PubliclySupportedOrg509a2Ind | 0 | X |
| IRS990ScheduleA/PublicSupportCY509Pct | 0 | 1.00000 |
| IRS990ScheduleA/PublicSupportPY509Pct | 0 | 1.00000 |
| IRS990ScheduleA/PublicSupportTotal509Amt | 0 | 359183 |
| IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind | 0 | X |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt | 0 | 199959 |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt | 0 | 89231 |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt | 0 | 5375 |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt | 0 | 26680 |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt | 0 | 37938 |
| IRS990ScheduleA/Total509Grp/TotalAmt | 0 | 359183 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt | 0 | 199959 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt | 0 | 89231 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt | 0 | 5375 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt | 0 | 26680 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt | 0 | 37938 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt | 0 | 359183 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | THE ORGANIZATION IS FILING AN AMENDED 2024 FORM 990-EZ TO CORRECT CURRENT ASSETS ON THE BALANCE SHEET. THE ORIGINAL 2024 FORM 990-EZ OMITTED A CERTIFICATE OF DEPOSIT OF 100,000 AND A PLEDGE RECEIVABLE THAT SHOULD HAVE BEEN INCLUDED IN TOTAL NET ASSETS AS OF DECEMBER 31, 2024. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | EXPENSES ADVERTISING 1,500 TECHNOLOGY & IT MGMT 1,652 SUPPLIES 689 DUE & SUBSCRIPTION 1,137 CONSULTING FEE 11,000 CHARITY & RELIEF 5,800 BANK FEE 2,258 AUTO & TRANSPORTATION 4,187 TOTAL 28,223 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | PLEDGES RECEIVABLE 376,830 382,400 TOTAL 376,830 382,400 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | UNSECURED NOTES AND LOANS PAYABLE 85,020 0 SBA LOAN 293,500 290,992 FED W/H TAX PAYABLE 0 1,869 STATE W/H TAX PAYABLE 0 494 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 4 | THE WORLD HUG FOUNDATON, FOUNDED ON THE PRINCIPLE THAT EVERY PERSON DESERVES TO BE PROTECTED AND TREATED EQUALLY, AIMS TO PROMOTE AWARENESS AND BE AN ADVOCATE FOR NOT ONLY ADOPTEES, BUT THE ADOPTION ISSUE AT LARGE. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 5 | AS A NON-PROFIT ORGANIZATION, WE VISITED ADOPTIVE FAMILIES, DELIVERED DONATIONS, AND COVERED THE EXPENSES FOR THE ADOPTIVE'S WEDDING. WE ALSO PROVIDED FINANCIAL SUPPORT FOR INDIVIDUALS WHO PASSED AWAY IN ADOPTIVE FAMILIES. |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | FORM 990-EZ, PAGE 1, ITEM B |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | FORM 990-EZ, PART I, LINE 16 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | FORM 990-EZ, PART II, LINE 24 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | FORM 990-EZ, PART II, LINE 26 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 4 | FORM 990-EZ, PART III |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 5 | FORM 990-EZ, PART III, LINE 28 |
| ReturnHeader/BuildTS | 0 | 2025-03-06 01:10:19Z |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | JOANNA KIL |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | PRESIDENT |
| ReturnHeader/BusinessOfficerGrp/PhoneNum | 0 | 6462542992 |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2025-12-09 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt | 0 | WORLD HUG FOUNDATION INC |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | WORL |
| ReturnHeader/Filer/EIN | 0 | 815199143 |
| ReturnHeader/Filer/PhoneNum | 0 | 6462542992 |
| ReturnHeader/Filer/USAddress/AddressLine1Txt | 0 | 441 E 155TH STREET |
| ReturnHeader/Filer/USAddress/CityNm | 0 | BRONX |
| ReturnHeader/Filer/USAddress/StateAbbreviationCd | 0 | NY |
| ReturnHeader/Filer/USAddress/ZIPCd | 0 | 10455 |
| ReturnHeader/IRSResponsiblePrtyInfoCurrInd | 0 | false |
| ReturnHeader/PreparerFirmGrp/PreparerFirmEIN | 0 | 113323329 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt | 0 | DAVID SHIN CPA PC |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt | 0 | 21814 NORTHERN BLVD STE 108 |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm | 0 | BAYSIDE |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd | 0 | NY |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd | 0 | 113613580 |
| ReturnHeader/PreparerPersonGrp/PhoneNum | 0 | 7183520884 |
| ReturnHeader/PreparerPersonGrp/PreparationDt | 0 | 2025-12-09 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | DAVID SHIN |
| ReturnHeader/ReturnTs | 0 | 2025-12-09T15:43:01-05:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990EZ |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2024-01-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2024-12-31 |
| ReturnHeader/TaxYr | 0 | 2024 |
Document Assets
No mirrored PDF or thumbnail assets are attached yet.
Filings
Displayed year
2024 • Form 990EZDetailed filing. Detailed filing data is available for this year.
- Assets
- $483,265
- Liabilities
- $293,355
- Net assets
- $189,910
- Revenue
- $199,959
- Expenses
- $115,296
- Net income
- $84,663