Liabilities / Assets
59th percentile
Tied with the lowest-debt nonprofits in its peer group.
EIN 82-3464911 • 501(c)3 • Arlington Heights, IL
Profile
Promote higher educational opportunites for deserving students enterning college and graduate school by providing scholarships
Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.
Liabilities / Assets
59th percentile
Tied with the lowest-debt nonprofits in its peer group.
Liabilities / Revenue
61st percentile
Tied with the lowest-debt nonprofits in its peer group.
Net Margin
18th percentile
Higher net margin than 18% of similar nonprofits.
Top Officer Pay
Score unavailable
No filing with officer rows is available for this organization yet.
Asset Growth
19th percentile
Faster asset growth than 19% of similar nonprofits.
Revenue Growth
52nd percentile
Faster revenue growth than 52% of similar nonprofits.
Assets
Up$6,496
Up $1,675 (+35%) from 2024
Liabilities
-
No earlier filing loaded for comparison.
Net Assets
Up$6,496
Up $1,675 (+35%) from 2024
Revenue
Up$20,000
Up $3,000 (+18%) from 2024
Expenses
Up$18,325
Up $2,146 (+13%) from 2024
Net Income
Up$1,675
Up $854 (+104%) from 2024
Most recent year
2025 • Form 990EZDetailed filing. Detailed filing data is available for this year.
Promote higher educational opportunites for deserving students enterning college and graduate school by providing scholarships
| Description | Grants | Expenses |
|---|---|---|
| GRANTS AND SCHOLARSHIPS TO STUDENTS | $15,500 | $15,500 |
“GRANTS AND SCHOLARSHIP; SCHOLARSHIP; MERIT SCHOOL OF MUSIC: 38 S PEORIA ST, CHICAGO, IL, 60607; n/a, 1000.”
“Grants and scholarship; scholarship; iris lee: , , , ; , 1000.”
“Grants and scholarship; scholarship; daniel chang: , , , ; , 1000.”
“Grants and scholarship; scholarship; jiho park: , , , ; , 1000.”
“Grants and scholarship; scholarship; kay lee hwang: , , , ; , 1000.”
“Grants and scholarship; scholarship; sou lynn beneteau: , , , ; , 1000.”
“Grants and scholarship; scholarship; lena kwon: , , , ; , 1000.”
“Grants and scholarship; scholarship; juno kim: , , , ; , 1000.”
“Grants and scholarship; scholarship; minhee cho: , , , ; , 1000.”
“Grants and scholarship; scholarship; sung woo choi: , , , ; , 1000.”
“Grants and scholarship; scholarship; ha jin kim: , , , ; , 1000.”
“Grants and scholarship; scholarship; joshus jung: , , , ; , 1000.”
“Grants and scholarship; scholarship; peter lee: , , , ; , 1000.”
“Grants and scholarship; scholarship; jae guan park: , , , ; , 1500.”
“Grants and scholarship; scholarship; mattew kim: , , , ; , 1000.”
“Award ceremony dinner 1200.”
“Advertising expenses 600.”
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/ActivitiesNotPreviouslyRptInd | 0 | false |
| IRS990EZ/BooksInCareOfDetail/PersonNm | 0 | KAY LEE |
| IRS990EZ/BooksInCareOfDetail/PhoneNum | 0 | 7086744948 |
| IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | 1621 N CLARENCE AVE |
| IRS990EZ/BooksInCareOfDetail/USAddress/CityNm | 0 | ARLINGTON HEIGHTS |
| IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | IL |
| IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 60004 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt | 0 | 4821 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt | 0 | 6496 |
| IRS990EZ/ChgMadeToOrgnzngDocNotRptInd | 0 | false |
| IRS990EZ/ContributionsGiftsGrantsEtcAmt | 0 | 20000 |
| IRS990EZ/CostOfGoodsSoldAmt | 0 | 0 |
| IRS990EZ/CostOrOtherBasisExpenseSaleAmt | 0 | 0 |
| IRS990EZ/DonorAdvisedFndsInd | 0 | false |
| IRS990EZ/EngagedInExcessBenefitTransInd | 0 | false |
| IRS990EZ/ExcessOrDeficitForYearAmt | 0 | 1675 |
| IRS990EZ/FeesAndOtherPymtToIndCntrctAmt | 0 | 1025 |
| IRS990EZ/FiledScheduleAInd | 0 | true |
| IRS990EZ/ForeignFinancialAccountInd | 0 | false |
| IRS990EZ/ForeignOfficeInd | 0 | false |
| IRS990EZ/Form1120PolFiledInd | 0 | false |
| IRS990EZ/Form990TotalAssetsGrp/BOYAmt | 0 | 4821 |
| IRS990EZ/Form990TotalAssetsGrp/EOYAmt | 0 | 6496 |
| IRS990EZ/FundraisingGrossIncomeAmt | 0 | 0 |
| IRS990EZ/GainOrLossFromSaleOfAssetsAmt | 0 | 0 |
| IRS990EZ/GrantsAndSimilarAmountsPaidAmt | 0 | 15500 |
| IRS990EZ/GrossProfitLossSlsOfInvntryAmt | 0 | 0 |
| IRS990EZ/GrossReceiptsAmt | 0 | 20000 |
| IRS990EZ/GrossReceiptsForPublicUseAmt | 0 | 0 |
| IRS990EZ/InfoInScheduleOPartIInd | 0 | X |
| IRS990EZ/InitiationFeesAndCapContriAmt | 0 | 0 |
| IRS990EZ/InvestmentIncomeAmt | 0 | 0 |
| IRS990EZ/LobbyingActivitiesInd | 0 | false |
| IRS990EZ/MadeLoansToFromOfficersInd | 0 | false |
| IRS990EZ/MembershipDuesAmt | 0 | 0 |
| IRS990EZ/MethodOfAccountingCashInd | 0 | X |
| IRS990EZ/NetAssetsOrFundBalancesBOYAmt | 0 | 4821 |
| IRS990EZ/NetAssetsOrFundBalancesEOYAmt | 0 | 6496 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt | 0 | 4821 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt | 0 | 6496 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 0 | 10.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 1 | 10.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 0 | ALEX LEE |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 1 | KAY LEE |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 0 | PRESIDENT |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 1 | TREASURER |
| IRS990EZ/OperateHospitalInd | 0 | false |
| IRS990EZ/Organization501c3Ind | 0 | X |
| IRS990EZ/OrganizationDissolvedEtcInd | 0 | false |
| IRS990EZ/OrganizationHadUBIInd | 0 | false |
| IRS990EZ/OtherExpensesTotalAmt | 0 | 1800 |
| IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt | 0 | NONE |
| IRS990EZ/PartVIOfCompOfHghstPdEmplTxt | 0 | NONE |
| IRS990EZ/PoliticalCampaignActyInd | 0 | false |
| IRS990EZ/PrimaryExemptPurposeTxt | 0 | PROMOTE HIGHER EDUCATIONAL OPPORTUNITES FOR DESERVING STUDENTS ENTERNING COLLEGE AND GRADUATE SCHOOL BY PROVIDING SCHOLARSHIPS |
| IRS990EZ/ProgramServiceRevenueAmt | 0 | 0 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 0 | GRANTS AND SCHOLARSHIPS TO STUDENTS |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt | 0 | 15500 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt | 0 | 15500 |
| IRS990EZ/ProhibitedTaxShelterTransInd | 0 | false |
| IRS990EZ/RelatedOrganizationCtrlEntInd | 0 | false |
| IRS990EZ/ScheduleBNotRequiredInd | 0 | X |
| IRS990EZ/SchoolOperatingInd | 0 | false |
| IRS990EZ/SpecialEventsDirectExpensesAmt | 0 | 0 |
| IRS990EZ/SpecialEventsNetIncomeLossAmt | 0 | 0 |
| IRS990EZ/StatesWhereCopyOfReturnIsFldCd | 0 | IL |
| IRS990EZ/SubjectToProxyTaxInd | 0 | false |
| IRS990EZ/TanningServicesProvidedInd | 0 | false |
| IRS990EZ/TotalExpensesAmt | 0 | 18325 |
| IRS990EZ/TotalProgramServiceExpensesAmt | 0 | 15500 |
| IRS990EZ/TotalRevenueAmt | 0 | 20000 |
| IRS990EZ/TransactionWithControlEntInd | 0 | false |
| IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd | 0 | false |
| IRS990EZ/TypeOfOrganizationCorpInd | 0 | X |
| IRS990EZ/WebsiteAddressTxt | 0 | AKLEESCHOLARSHIP.ORG |
| IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt | 0 | 0 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt | 0 | 20000 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt | 0 | 17000 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt | 0 | 10000 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt | 0 | 10000 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt | 0 | 57000 |
| IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt | 0 | 0 |
| IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/TotalAmt | 0 | 0 |
| IRS990ScheduleA/InvestmentIncomeCYPct | 0 | 0.00000 |
| IRS990ScheduleA/InvestmentIncomePYPct | 0 | 0.00000 |
| IRS990ScheduleA/OtherSupportSumAmt | 0 | 0 |
| IRS990ScheduleA/PubliclySupportedOrg509a2Ind | 0 | X |
| IRS990ScheduleA/PublicSupportCY170Pct | 0 | 0 |
| IRS990ScheduleA/PublicSupportCY509Pct | 0 | 1.00000 |
| IRS990ScheduleA/PublicSupportPY509Pct | 0 | 1.00000 |
| IRS990ScheduleA/PublicSupportTotal509Amt | 0 | 57000 |
| IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt | 0 | 0 |
| IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt | 0 | 0 |
| IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft509Grp/TotalAmt | 0 | 0 |
| IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind | 0 | X |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt | 0 | 20000 |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt | 0 | 17000 |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt | 0 | 10000 |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt | 0 | 10000 |
| IRS990ScheduleA/Total509Grp/TotalAmt | 0 | 57000 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt | 0 | 20000 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt | 0 | 17000 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt | 0 | 10000 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt | 0 | 10000 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt | 0 | 57000 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | GRANTS AND SCHOLARSHIP; SCHOLARSHIP; MERIT SCHOOL OF MUSIC: 38 S PEORIA ST, CHICAGO, IL, 60607; n/a, 1000. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | GRANTS AND SCHOLARSHIP; SCHOLARSHIP; IRIS LEE: , , , ; , 1000. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | GRANTS AND SCHOLARSHIP; SCHOLARSHIP; DANIEL CHANG: , , , ; , 1000. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | GRANTS AND SCHOLARSHIP; SCHOLARSHIP; JIHO PARK: , , , ; , 1000. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 4 | GRANTS AND SCHOLARSHIP; SCHOLARSHIP; KAY LEE HWANG: , , , ; , 1000. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 5 | GRANTS AND SCHOLARSHIP; SCHOLARSHIP; SOU LYNN BENETEAU: , , , ; , 1000. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 6 | GRANTS AND SCHOLARSHIP; SCHOLARSHIP; LENA KWON: , , , ; , 1000. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 7 | GRANTS AND SCHOLARSHIP; SCHOLARSHIP; JUNO KIM: , , , ; , 1000. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 8 | GRANTS AND SCHOLARSHIP; SCHOLARSHIP; MINHEE CHO: , , , ; , 1000. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 9 | GRANTS AND SCHOLARSHIP; SCHOLARSHIP; SUNG WOO CHOI: , , , ; , 1000. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 10 | GRANTS AND SCHOLARSHIP; SCHOLARSHIP; HA JIN KIM: , , , ; , 1000. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 11 | GRANTS AND SCHOLARSHIP; SCHOLARSHIP; JOSHUS JUNG: , , , ; , 1000. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 12 | GRANTS AND SCHOLARSHIP; SCHOLARSHIP; PETER LEE: , , , ; , 1000. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 13 | GRANTS AND SCHOLARSHIP; SCHOLARSHIP; JAE GUAN PARK: , , , ; , 1500. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 14 | GRANTS AND SCHOLARSHIP; SCHOLARSHIP; MATTEW KIM: , , , ; , 1000. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 15 | AWARD CEREMONY DINNER 1200. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 16 | ADVERTISING EXPENSES 600. |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | Form 990EZ, Part I, Line 10 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | Form 990EZ, Part I, Line 10 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | Form 990EZ, Part I, Line 10 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | Form 990EZ, Part I, Line 10 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 4 | Form 990EZ, Part I, Line 10 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 5 | Form 990EZ, Part I, Line 10 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 6 | Form 990EZ, Part I, Line 10 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 7 | Form 990EZ, Part I, Line 10 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 8 | Form 990EZ, Part I, Line 10 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 9 | Form 990EZ, Part I, Line 10 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 10 | Form 990EZ, Part I, Line 10 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 11 | Form 990EZ, Part I, Line 10 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 12 | Form 990EZ, Part I, Line 10 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 13 | Form 990EZ, Part I, Line 10 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 14 | Form 990EZ, Part I, Line 10 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 15 | Form 990EZ, Part I, Line 16 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 16 | Form 990EZ, Part I, Line 16 |
| ReturnHeader/BuildTS | 0 | 2025-03-06 01:10:19Z |
| ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd | 0 | true |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | ALEX LEE |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | PRESIDENT |
| ReturnHeader/BusinessOfficerGrp/PhoneNum | 0 | 8478732407 |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2026-02-15 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt | 0 | AK LEE SCHOLARSHIP |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | AKLE |
| ReturnHeader/Filer/EIN | 0 | 823464911 |
| ReturnHeader/Filer/PhoneNum | 0 | 8478732407 |
| ReturnHeader/Filer/USAddress/AddressLine1Txt | 0 | 1621 N CLARENCE AVE |
| ReturnHeader/Filer/USAddress/CityNm | 0 | ARLINGTON HEIGHTS |
| ReturnHeader/Filer/USAddress/StateAbbreviationCd | 0 | IL |
| ReturnHeader/Filer/USAddress/ZIPCd | 0 | 60004 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmEIN | 0 | 852012498 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt | 0 | PH Accounting & Tax Service Inc |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt | 0 | 8951 N MILWAUKEE AVE |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm | 0 | NILES |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd | 0 | IL |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd | 0 | 60714 |
| ReturnHeader/PreparerPersonGrp/PhoneNum | 0 | 8479679600 |
| ReturnHeader/PreparerPersonGrp/PreparationDt | 0 | 2026-03-11 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | SEONGRAE H FUJII EA |
| ReturnHeader/ReturnTs | 0 | 2026-03-11T15:17:32-07:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990EZ |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2025-01-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2025-12-31 |
| ReturnHeader/TaxYr | 0 | 2025 |
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