Liabilities / Assets
Score unavailable
Liabilities-to-assets requires both liabilities and assets on the latest valid filing.
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
Score unavailable
Liabilities-to-assets requires both liabilities and assets on the latest valid filing.
Liabilities / Revenue
Score unavailable
Liabilities-to-revenue requires both liabilities and revenue on the latest valid filing.
Net Margin
61st percentile
Higher net margin than 61% of similar nonprofits.
Top Officer Pay
81st percentile
Higher top officer pay than 81% of similar nonprofits.
Top officer pay equals 0.0% of source-year revenue.
Asset Growth
82nd percentile
Faster asset growth than 82% of similar nonprofits.
Revenue Growth
70th percentile
Faster revenue growth than 70% 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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