Ak Lee Scholarship

990EZ • Fiscal year 2019 • EIN 82-3464911

Jan 01, 2019 to Dec 31, 2019 • Filed on Jun 18, 2020

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 2019

No value available

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

Source year 2019

No value available

Net margin requires both revenue and expenses on this filing.

Source year 2019

Higher top officer pay than 77% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

-80%

Faster asset growth than 4% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Annualized from 2018 to 2019

No value available

A valid growth rate could not be computed from the available filing history.

Annualized from 2018 to 2019

Balance Sheet

Liabilities / AssetsScore unavailable

Assets

Down

$3,221

Down $12,928 (-80%) from 2018

Net Assets

Down

$3,221

Down $12,928 (-80%) from 2018

Liabilities

No earlier filing loaded for comparison.

Revenue And Expenses

Liabilities / RevenueScore unavailable Net MarginScore unavailable

Revenue

Flat

Flat from 2018

Expenses

Down

$12,928

Down $64 (-0.5%) from 2018

Net Income

-$12,928

Up $64 (+0.5%) from 2018

Historical Trend

Balance Sheet Trend

Asset Growth4th percentile

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

Highlighted filing

2019

Assets$3,221

Liabilities-

Net Assets$3,221

Open 2019 Filing

Operations Trend

Revenue GrowthScore unavailable

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

Highlighted filing

2019

Revenue$0

Expenses$12,928

Net Income-$12,928

Open 2019 Filing

Jump To

Filing Snapshot

Filing Period: Jan 1, 2019 to Dec 31, 2019
Signed: Jun 18, 2020
Return Version: 2019v5.1
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	$10,000

Compensation and Service Providers

Top Officer Pay77th 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: 2020-06-18

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; adele lee: , , , ; , 1000.”

Form 990EZ, Part I, Line 10

“Scholarship and grant; scholarship; sua jo: , , , ; , 1000.”

Form 990EZ, Part I, Line 10

“Scholarship and grant; scholarhsip; minjun kim: , , , ; , 1000.”

Form 990EZ, Part I, Line 10

“Scholarship and grant; scholarship; hannah shipley: , , , ; , 1000.”

Form 990EZ, Part I, Line 10

“Scholarship and grant; scholarship; amy oh: , , , ; , 1000.”

Form 990EZ, Part I, Line 10

“Scholarship and grant; scholarship; minseo kim: , , , ; , 1000.”

Form 990EZ, Part I, Line 10

“Scholarship and grant; scholarship; ethan chung: , , , ; , 1000.”

Form 990EZ, Part I, Line 10

“Scholarship and grant; scholarship; esther cha: , , , ; , 1000.”

Form 990EZ, Part I, Line 10

“Scholarship and grant; scholarship; alex hong: , , , ; , 1000.”

Form 990EZ, Part I, Line 10

“Scholarship and grant; scholarship; lauren kim: , , , ; , 1000.”

Form 990EZ, Part I, Line 16

“Award ceremony dinner 1513.”

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	16149
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt	0	3221
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	-12928
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt	0	1115
IRS990EZ/FiledScheduleAInd	0	true
IRS990EZ/ForeignFinancialAccountInd	0	false
IRS990EZ/ForeignOfficeInd	0	false
IRS990EZ/Form1120PolFiledInd	0	false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt	0	16149
IRS990EZ/Form990TotalAssetsGrp/EOYAmt	0	3221
IRS990EZ/FundraisingGrossIncomeAmt	0	0
IRS990EZ/GainOrLossFromSaleOfAssetsAmt	0	0
IRS990EZ/GrantsAndSimilarAmountsPaidAmt	0	10000
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	16149
IRS990EZ/NetAssetsOrFundBalancesEOYAmt	0	3221
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt	0	16149
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt	0	3221
IRS990EZ/OccupancyRentUtltsAndMaintAmt	0	300
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	1513
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	10000
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	12928
IRS990EZ/TotalProgramServiceExpensesAmt	0	10000
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/CurrentTaxYearMinus2YearsAmt	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/CurrentTaxYearMinus2YearsAmt	0	40000
IRS990ScheduleA/Total509Grp/TotalAmt	0	40000
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt	0	40000
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt	0	GRANTS AND SCHOLARSHIP; SCHOLARSHIP; ADELE LEE: , , , ; , 1000.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt	1	SCHOLARSHIP AND GRANT; SCHOLARSHIP; SUA JO: , , , ; , 1000.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt	2	SCHOLARSHIP AND GRANT; SCHOLARHSIP; MINJUN KIM: , , , ; , 1000.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt	3	SCHOLARSHIP AND GRANT; SCHOLARSHIP; HANNAH SHIPLEY: , , , ; , 1000.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt	4	SCHOLARSHIP AND GRANT; SCHOLARSHIP; AMY OH: , , , ; , 1000.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt	5	SCHOLARSHIP AND GRANT; SCHOLARSHIP; MINSEO KIM: , , , ; , 1000.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt	6	SCHOLARSHIP AND GRANT; SCHOLARSHIP; ETHAN CHUNG: , , , ; , 1000.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt	7	SCHOLARSHIP AND GRANT; SCHOLARSHIP; ESTHER CHA: , , , ; , 1000.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt	8	SCHOLARSHIP AND GRANT; SCHOLARSHIP; ALEX HONG: , , , ; , 1000.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt	9	SCHOLARSHIP AND GRANT; SCHOLARSHIP; LAUREN KIM: , , , ; , 1000.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt	10	AWARD CEREMONY DINNER 1513.
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 16
ReturnHeader/BuildTS	0	2021-01-29 14:40:06Z
ReturnHeader/BusinessOfficerGrp/PersonNm	0	ALEX LEE
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt	0	PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum	0	8478732407
ReturnHeader/BusinessOfficerGrp/SignatureDt	0	2020-06-18
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	7DDE9DE78DDE9CF3FCA75517C3CACD8613FF247A
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId	0	7DDE9DE78DDE9CF3FCA75517C3CACD8613FF247A
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd	0	P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt	0	99.113.24.111
ReturnHeader/FilingSecurityInformation/IPDt	0	2020-07-06
ReturnHeader/FilingSecurityInformation/IPTimezoneCd	0	PD
ReturnHeader/FilingSecurityInformation/IPTm	0	13:35:19
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	2020-07-06
ReturnHeader/PreparerPersonGrp/PreparerPersonNm	0	TAE WOONG PARK CPA
ReturnHeader/ReturnTs	0	2020-07-06T13:35:35-07:00
ReturnHeader/ReturnTypeCd	0	990EZ
ReturnHeader/TaxPeriodBeginDt	0	2019-01-01
ReturnHeader/TaxPeriodEndDt	0	2019-12-31
ReturnHeader/TaxYr	0	2019

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2019 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing

Assets: $3,221
Liabilities: -
Net assets: $3,221
Revenue: $0
Expenses: $12,928
Net income: -$12,928

	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