Ak Lee Scholarship

990EZ • Fiscal year 2018 • EIN 82-3464911

Jan 01, 2018 to Dec 31, 2018 • Filed on Apr 22, 2019

Organization Profile AKLEESCHOLARSHIP.ORG

1621 N Clarence AveArlington Heights, IL 60004

(847) 873-2407

Siviq Scores

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

No value available

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

Source year 2018

No value available

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

Source year 2018

No value available

Net margin requires both revenue and expenses on this filing.

Source year 2018

Higher top officer pay than 76% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

-45%

Faster asset growth than 10% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Annualized from 2017 to 2018

-100%

Faster revenue growth than 1% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Annualized from 2017 to 2018

Balance Sheet

Liabilities / AssetsScore unavailable

Assets

Down

$16,149

Down $12,992 (-45%) from 2017

Net Assets

Down

$16,149

Down $12,992 (-45%) from 2017

Liabilities

No earlier filing loaded for comparison.

Revenue And Expenses

Liabilities / RevenueScore unavailable Net MarginScore unavailable

Revenue

Down

Down $40,000 (-100%) from 2017

Expenses

$12,992

Up $2,133 (+20%) from 2017

Net Income

Down

-$12,992

Down $42,133 (-145%) from 2017

Historical Trend

Balance Sheet Trend

Asset Growth10th percentile

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

Highlighted filing

2018

Assets$16,149

Liabilities-

Net Assets$16,149

Open 2018 Filing

Operations Trend

Revenue Growth1st percentile

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

Highlighted filing

2018

Revenue$0

Expenses$12,992

Net Income-$12,992

Open 2018 Filing

Jump To

Filing Snapshot

Filing Period: Jan 1, 2018 to Dec 31, 2018
Signed: Apr 22, 2019
Return Version: 2018v3.1
Gross Receipts: $0

Mission and Program Overview

Mission

Promote higher educational opportunites for deserving students enterning college and graduate school by providing scholarships

Program Services

Description	Grants	Expenses
GRANTS AND SCHOLARSHIPS TO EIGHT STUDENTS	$0	$9,000

Compensation and Service Providers

Top Officer Pay76th percentile

Employees

Name	Title	Full / Part Time	Base	Other	Total
ALEX LEE	President	PT	$0	-	-
KAY LEE	Treasurer	PT	$0	-	-

Filing and Contact Details

Filer

Filer Name: Ak Lee Scholarship
EIN: 82-3464911
Phone: 8478732407
Address: 1621 N CLARENCE AVE, ARLINGTON HEIGHTS, IL 60004

Signing Officer

Name: Alex Lee
Title: President
Phone: 8478732407
Signed: 2019-04-22

Preparer

Firm: Ph Accounting Services Pc
Address: 8951 N MILWAUKEE AVE SUITE 201, NILES, IL 60714
Preparer: Tae Woong Park CPA
Phone: 8479679600

Supplemental Narrative

Additional Explanations

Form 990EZ, Part I, Line 10

“Grants and scholarship; scholarship; adam lee: , , , ; , 1000.”

Form 990EZ, Part I, Line 10

“Grants and scholarship; scholarship; song hee back: , , , ; , 1000.”

Form 990EZ, Part I, Line 10

“Grants and scholarship; scholarship; jee sa choi: , , , ; , 1000.”

Form 990EZ, Part I, Line 10

“Grants and scholarship; scholarship; sharon kim: , , , ; , 1000.”

Form 990EZ, Part I, Line 10

“Grants and scholarship; scholarship; in young nan: , , , ; , 1000.”

Form 990EZ, Part I, Line 10

“Grants and scholarship; scholarship; young mo lee: , , , ; , 1000.”

Form 990EZ, Part I, Line 10

“Grants and scholarship; scholarship; jeong hyon oh: , , , ; , 1000.”

Form 990EZ, Part I, Line 10

“Grants and scholarship; scholarship; chaer rim park: , , , ; , 1000.”

Form 990EZ, Part I, Line 10

“Grants and scholarship; scholarship; geon sung: , , , ; , 1000.”

Form 990EZ, Part I, Line 16

“Award ceremony dinner 2314.”

Form 990EZ, Part I, Line 16

“Web site maintenance cost 100.”

Raw XML Appendix157 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/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	29141
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt	0	16149
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd	0	false
IRS990EZ/ContributionsGiftsGrantsEtcAmt	0	0
IRS990EZ/CostOfGoodsSoldAmt	0	0
IRS990EZ/CostOrOtherBasisExpenseSaleAmt	0	0
IRS990EZ/DonorAdvisedFndsInd	0	false
IRS990EZ/EngagedInExcessBenefitTransInd	0	false
IRS990EZ/ExcessOrDeficitForYearAmt	0	-12992
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt	0	1235
IRS990EZ/FiledScheduleAInd	0	true
IRS990EZ/ForeignFinancialAccountInd	0	false
IRS990EZ/ForeignOfficeInd	0	false
IRS990EZ/Form1120PolFiledInd	0	false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt	0	29141
IRS990EZ/Form990TotalAssetsGrp/EOYAmt	0	16149
IRS990EZ/FundraisingGrossIncomeAmt	0	0
IRS990EZ/GainOrLossFromSaleOfAssetsAmt	0	0
IRS990EZ/GrantsAndSimilarAmountsPaidAmt	0	9000
IRS990EZ/GrossProfitLossSlsOfInvntryAmt	0	0
IRS990EZ/GrossReceiptsAmt	0	0
IRS990EZ/GrossReceiptsForPublicUseAmt	0	0
IRS990EZ/InfoInScheduleOPartIIIInd	0	X
IRS990EZ/InfoInScheduleOPartIIInd	0	X
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	29141
IRS990EZ/NetAssetsOrFundBalancesEOYAmt	0	16149
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt	0	29141
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt	0	16149
IRS990EZ/OccupancyRentUtltsAndMaintAmt	0	343
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	2414
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 EIGHT STUDENTS
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt	0	0
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt	0	9000
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	12992
IRS990EZ/TotalProgramServiceExpensesAmt	0	9000
IRS990EZ/TotalRevenueAmt	0	0
IRS990EZ/TransactionWithControlEntInd	0	false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd	0	false
IRS990EZ/TypeOfOrganizationCorpInd	0	X
IRS990EZ/WebsiteAddressTxt	0	AKLEESCHOLARSHIP.ORG
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt	0	0
IRS990ScheduleA/First5Years509Ind	0	X
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt	0	40000
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt	0	40000
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt	0	0
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/TotalAmt	0	0
IRS990ScheduleA/InvestmentIncomeCYPct	0	0
IRS990ScheduleA/OtherSupportSumAmt	0	0
IRS990ScheduleA/PubliclySupportedOrg509a2Ind	0	X
IRS990ScheduleA/PublicSupportCY170Pct	0	0
IRS990ScheduleA/PublicSupportCY509Pct	0	0
IRS990ScheduleA/PublicSupportTotal509Amt	0	40000
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt	0	0
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt	0	0
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft509Grp/TotalAmt	0	0
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt	0	40000
IRS990ScheduleA/Total509Grp/TotalAmt	0	40000
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt	0	40000
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt	0	GRANTS AND SCHOLARSHIP; SCHOLARSHIP; ADAM LEE: , , , ; , 1000.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt	1	GRANTS AND SCHOLARSHIP; SCHOLARSHIP; SONG HEE BACK: , , , ; , 1000.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt	2	GRANTS AND SCHOLARSHIP; SCHOLARSHIP; JEE SA CHOI: , , , ; , 1000.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt	3	GRANTS AND SCHOLARSHIP; SCHOLARSHIP; SHARON KIM: , , , ; , 1000.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt	4	GRANTS AND SCHOLARSHIP; SCHOLARSHIP; IN YOUNG NAN: , , , ; , 1000.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt	5	GRANTS AND SCHOLARSHIP; SCHOLARSHIP; YOUNG MO LEE: , , , ; , 1000.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt	6	GRANTS AND SCHOLARSHIP; SCHOLARSHIP; JEONG HYON OH: , , , ; , 1000.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt	7	GRANTS AND SCHOLARSHIP; SCHOLARSHIP; CHAER RIM PARK: , , , ; , 1000.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt	8	GRANTS AND SCHOLARSHIP; SCHOLARSHIP; GEON SUNG: , , , ; , 1000.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt	9	AWARD CEREMONY DINNER 2314.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt	10	WEB SITE MAINTENANCE COST 100.
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 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc	10	Form 990EZ, Part I, Line 16
ReturnHeader/BuildTS	0	2019-02-21 02:37:17Z
ReturnHeader/BusinessOfficerGrp/PersonNm	0	ALEX LEE
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt	0	PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum	0	8478732407
ReturnHeader/BusinessOfficerGrp/SignatureDt	0	2019-04-22
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/FilingSecurityInformation/AtSubmissionCreationDeviceId	0	7D0AB71FF64A6260FBF7529F101175C53E902482
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId	0	7D0AB71FF64A6260FBF7529F101175C53E902482
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd	0	P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt	0	99.113.24.111
ReturnHeader/FilingSecurityInformation/IPDt	0	2019-07-12
ReturnHeader/FilingSecurityInformation/IPTimezoneCd	0	PD
ReturnHeader/FilingSecurityInformation/IPTm	0	08:05:37
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt	0	PH ACCOUNTING SERVICES PC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt	0	8951 N MILWAUKEE AVE SUITE 201
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	2019-07-12
ReturnHeader/PreparerPersonGrp/PreparerPersonNm	0	TAE WOONG PARK CPA
ReturnHeader/ReturnTs	0	2019-07-12T08:05:43-07:00
ReturnHeader/ReturnTypeCd	0	990EZ
ReturnHeader/TaxPeriodBeginDt	0	2018-01-01
ReturnHeader/TaxPeriodEndDt	0	2018-12-31
ReturnHeader/TaxYr	0	2018

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2018 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing

Assets: $16,149
Liabilities: -
Net assets: $16,149
Revenue: $0
Expenses: $12,992
Net income: -$12,992

	Balance Sheet			Operations
Year	Assets	Liabilities	Net Assets	Revenue	Expenses	Net Income
2025Detailed filing. Detailed filing data is available for this year.	$6.50		$6.50	$20.0	$18.3	$1.68
2024Detailed filing. Detailed filing data is available for this year.	$4.82		$4.82	$17.0	$16.2	$0.82
2023Detailed filing. Detailed filing data is available for this year.	$4.00		$4.00	$10.0	$13.3	$3.28
2022Detailed filing. Detailed filing data is available for this year.	$7.28		$7.28	$10.0	$14.5	$4.53
2021Summary only. Only limited summary data is available for this year.	$11.8	$0.00		$0.00	$9.33	$9.33
2020Detailed filing. Detailed filing data is available for this year.	$21.1		$21.1	$30.0	$12.1	$17.9
2019Detailed filing. Detailed filing data is available for this year.	$3.22		$3.22	$0.00	$12.9	$12.9
2018Detailed filing. Detailed filing data is available for this year.	$16.1		$16.1	$0.00	$13.0	$13.0
2017Detailed filing. Detailed filing data is available for this year.	$29.1		$29.1	$40.0	$10.9	$29.1