Civic Intelligence

Ak Lee Scholarship

990EZ • Fiscal year 2020 • EIN 82-3464911

Jan 01, 2020 to Dec 31, 2020 • Filed on Mar 11, 2021

Organization ProfileAKLEESCHOLARSHIP.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.

Liabilities / Assets

Score unavailable

No value available

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

Source year 2020

Liabilities / Revenue

Score unavailable

No value available

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

Source year 2020

Net Margin

92nd percentile

60%

Higher net margin than 92% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Top Officer Pay

76th percentile

$0

Higher top officer pay than 76% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Asset Growth

97th percentile

556%

Faster asset growth than 97% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Annualized from 2019 to 2020

Revenue Growth

Score unavailable

No value available

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

Annualized from 2019 to 2020

Balance Sheet
Liabilities / AssetsScore unavailable

Assets

Up

$21,135

Up $17,914 (+556%) from 2019

Net Assets

Up

$21,135

Up $17,914 (+556%) from 2019

Liabilities

-

No earlier filing loaded for comparison.

Revenue And Expenses
Liabilities / RevenueScore unavailableNet Margin92nd percentile

Revenue

Up

$30,000

Up $30,000 from 2019

Expenses

Down

$12,086

Down $842 (-6.5%) from 2019

Net Income

Up

$17,914

Up $30,842 (+239%) from 2019

Historical Trend

Balance Sheet Trend

Asset Growth97th percentile

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

$30K$20K$10K$0Assets 2017: $29,141Net Assets 2017: $29,1412017Assets 2018: $16,149Net Assets 2018: $16,1492018Assets 2019: $3,221Net Assets 2019: $3,2212019Assets 2020: $21,135Net Assets 2020: $21,1352020Assets 2021: $11,810Liabilities 2021: $02021Assets 2022: $7,281Net Assets 2022: $7,2812022Assets 2023: $4,000Net Assets 2023: $4,0002023Assets 2024: $4,821Net Assets 2024: $4,8212024Assets 2025: $6,496Net Assets 2025: $6,4962025

Highlighted filing

2020

Assets$21,135
Liabilities-
Net Assets$21,135
Open 2020 Filing

Operations Trend

Revenue GrowthScore unavailable

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

$40K$20K$0-$20KRevenue 2017: $40,000Expenses 2017: $10,859Net Income 2017: $29,1412017Revenue 2018: $0Expenses 2018: $12,992Net Income 2018: -$12,9922018Revenue 2019: $0Expenses 2019: $12,928Net Income 2019: -$12,9282019Revenue 2020: $30,000Expenses 2020: $12,086Net Income 2020: $17,9142020Revenue 2021: $0Expenses 2021: $9,325Net Income 2021: -$9,3252021Revenue 2022: $10,000Expenses 2022: $14,529Net Income 2022: -$4,5292022Revenue 2023: $10,000Expenses 2023: $13,281Net Income 2023: -$3,2812023Revenue 2024: $17,000Expenses 2024: $16,179Net Income 2024: $8212024Revenue 2025: $20,000Expenses 2025: $18,325Net Income 2025: $1,6752025

Highlighted filing

2020

Revenue$30,000
Expenses$12,086
Net Income$17,914
Open 2020 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
Mar 11, 2021
Return Version
2020v4.0
Gross Receipts
$30,000
Mission and Program Overview

Mission

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

Program Services

DescriptionGrantsExpenses
GRANTS AND SCHOLARSHIPS TO TEN STUDENTS$10,000$10,000
Compensation and Service Providers
Top Officer Pay76th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
ALEX LEEPresidentPT$0--
KAY LEETreasurerPT$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
2021-03-11
Discuss with paid preparer
Yes

Preparer

Firm
Ph Accounting & Tax Service Inc
Address
8951 N MILWAUKEE AVE STE 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; nathan kim: , , , ; , 1000.”

Form 990EZ, Part I, Line 10

“Scholarship and grant; scholarship; john ko: , , , ; , 1000.”

Form 990EZ, Part I, Line 10

“Grants and scholarship; scholarship; alicia hannah kim: , , , ; , 1000.”

Form 990EZ, Part I, Line 10

“Grants and scholarship; sholarship; justin chang: , , , ; , 1000.”

Form 990EZ, Part I, Line 10

“Grants and scholarship; scholarship; eunsol moon: , , , ; , 1000.”

Form 990EZ, Part I, Line 10

“Grants and scholarship; scholarship; esther cha: , , , ; , 1000.”

Form 990EZ, Part I, Line 10

“Grants and scholarship; scholarship; hanah cho: , , , ; , 1000.”

Form 990EZ, Part I, Line 10

“Grants and scholarship; scholarship; spencer sadler: , , , ; , 1000.”

Form 990EZ, Part I, Line 10

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

Form 990EZ, Part I, Line 10

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

Form 990EZ, Part I, Line 16

“Award ceremony dinner 1071.”

Raw XML Appendix156 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/ActivitiesNotPreviouslyRptInd0false
IRS990EZ/BooksInCareOfDetail/PersonNm0KAY LEE
IRS990EZ/BooksInCareOfDetail/PhoneNum07086744948
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt01621 N CLARENCE AVE
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0ARLINGTON HEIGHTS
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0IL
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd060004
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt03221
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt021135
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/ContributionsGiftsGrantsEtcAmt030000
IRS990EZ/CostOfGoodsSoldAmt00
IRS990EZ/CostOrOtherBasisExpenseSaleAmt00
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt017914
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt01015
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt03221
IRS990EZ/Form990TotalAssetsGrp/EOYAmt021135
IRS990EZ/FundraisingGrossIncomeAmt00
IRS990EZ/GainOrLossFromSaleOfAssetsAmt00
IRS990EZ/GrantsAndSimilarAmountsPaidAmt010000
IRS990EZ/GrossProfitLossSlsOfInvntryAmt00
IRS990EZ/GrossReceiptsAmt030000
IRS990EZ/GrossReceiptsForPublicUseAmt00
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InitiationFeesAndCapContriAmt00
IRS990EZ/InvestmentIncomeAmt00
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MembershipDuesAmt00
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt03221
IRS990EZ/NetAssetsOrFundBalancesEOYAmt021135
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt03221
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt021135
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt010.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt110.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0ALEX LEE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1KAY LEE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1TREASURER
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherExpensesTotalAmt01071
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0PROMOTE HIGHER EDUCATIONAL OPPORTUNITES FOR DESERVING STUDENTS ENTERNING COLLEGE AND GRADUATE SCHOOL BY PROVIDING SCHOLARSHIPS
IRS990EZ/ProgramServiceRevenueAmt00
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0GRANTS AND SCHOLARSHIPS TO TEN STUDENTS
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt010000
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt010000
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SpecialEventsDirectExpensesAmt00
IRS990EZ/SpecialEventsNetIncomeLossAmt00
IRS990EZ/StatesWhereCopyOfReturnIsFldCd0IL
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt012086
IRS990EZ/TotalProgramServiceExpensesAmt010000
IRS990EZ/TotalRevenueAmt030000
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0AKLEESCHOLARSHIP.ORG
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/First5Years509Ind0X
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt030000
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt040000
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt070000
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt00
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/TotalAmt00
IRS990ScheduleA/InvestmentIncomeCYPct00
IRS990ScheduleA/OtherSupportSumAmt00
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00
IRS990ScheduleA/PublicSupportCY509Pct00
IRS990ScheduleA/PublicSupportTotal509Amt070000
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft509Grp/TotalAmt00
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt030000
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt040000
IRS990ScheduleA/Total509Grp/TotalAmt070000
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt070000
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0GRANTS AND SCHOLARSHIP; SCHOLARSHIP; NATHAN KIM: , , , ; , 1000.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1SCHOLARSHIP AND GRANT; SCHOLARSHIP; JOHN KO: , , , ; , 1000.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2GRANTS AND SCHOLARSHIP; SCHOLARSHIP; ALICIA HANNAH KIM: , , , ; , 1000.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3GRANTS AND SCHOLARSHIP; SHOLARSHIP; JUSTIN CHANG: , , , ; , 1000.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4GRANTS AND SCHOLARSHIP; SCHOLARSHIP; EUNSOL MOON: , , , ; , 1000.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5GRANTS AND SCHOLARSHIP; SCHOLARSHIP; ESTHER CHA: , , , ; , 1000.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6GRANTS AND SCHOLARSHIP; SCHOLARSHIP; HANAH CHO: , , , ; , 1000.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7GRANTS AND SCHOLARSHIP; SCHOLARSHIP; SPENCER SADLER: , , , ; , 1000.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8GRANTS AND SCHOLARSHIP; SCHOLARSHIP; ENOCH KIM: , , , ; , 1000.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt9GRANTS AND SCHOLARSHIP; SCHOLARSHIP; LEE NAH: , , , ; , 1000.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt10AWARD CEREMONY DINNER 1071.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990EZ, Part I, Line 10
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990EZ, Part I, Line 10
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990EZ, Part I, Line 10
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990EZ, Part I, Line 10
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990EZ, Part I, Line 10
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Form 990EZ, Part I, Line 10
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Form 990EZ, Part I, Line 10
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7Form 990EZ, Part I, Line 10
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8Form 990EZ, Part I, Line 10
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc9Form 990EZ, Part I, Line 10
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc10Form 990EZ, Part I, Line 16
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/FederatedAssuranceLevelCd0FAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd03
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0ALEX LEE
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum08478732407
ReturnHeader/BusinessOfficerGrp/SignatureDt02021-03-11
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0AK LEE SCHOLARSHIP
ReturnHeader/Filer/BusinessNameControlTxt0AKLE
ReturnHeader/Filer/EIN0823464911
ReturnHeader/Filer/PhoneNum08478732407
ReturnHeader/Filer/USAddress/AddressLine1Txt01621 N CLARENCE AVE
ReturnHeader/Filer/USAddress/CityNm0ARLINGTON HEIGHTS
ReturnHeader/Filer/USAddress/StateAbbreviationCd0IL
ReturnHeader/Filer/USAddress/ZIPCd060004
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0PH ACCOUNTING & TAX SERVICE INC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt08951 N MILWAUKEE AVE STE 201
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0NILES
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0IL
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd060714
ReturnHeader/PreparerPersonGrp/PhoneNum08479679600
ReturnHeader/PreparerPersonGrp/PreparationDt02021-03-13
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0TAE WOONG PARK CPA
ReturnHeader/ReturnTs02021-03-13T11:42:24-08:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0ALEX
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0LEE
ReturnHeader/TaxPeriodBeginDt02020-01-01
ReturnHeader/TaxPeriodEndDt02020-12-31
ReturnHeader/TaxYr02020

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2020 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$21,135
Liabilities
-
Net assets
$21,135
Revenue
$30,000
Expenses
$12,086
Net income
$17,914
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet 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