Civic Intelligence

Ak Lee Scholarship

990EZ • Fiscal year 2024 • EIN 82-3464911

Jan 01, 2024 to Dec 31, 2024 • Filed on Mar 09, 2025

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 2024

Liabilities / Revenue

Score unavailable

No value available

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

Source year 2024

Net Margin

53rd percentile

4.8%

Higher net margin than 53% of similar nonprofits.

2024 filings • 501(c)3 • <$500k nonprofits • Source year 2024

Top Officer Pay

79th percentile

$0

Higher top officer pay than 79% of similar nonprofits.

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

2024 filings • 501(c)3 • <$500k nonprofits • Source year 2024

Asset Growth

73rd percentile

21%

Faster asset growth than 73% of similar nonprofits.

2024 filings • 501(c)3 • <$500k nonprofits • Annualized from 2023 to 2024

Revenue Growth

87th percentile

70%

Faster revenue growth than 87% of similar nonprofits.

2024 filings • 501(c)3 • <$500k nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / AssetsScore unavailable

Assets

Up

$4,821

Up $821 (+21%) from 2023

Net Assets

Up

$4,821

Up $821 (+21%) from 2023

Liabilities

-

No earlier filing loaded for comparison.

Revenue And Expenses
Liabilities / RevenueScore unavailableNet Margin53rd percentile

Revenue

Up

$17,000

Up $7,000 (+70%) from 2023

Expenses

Up

$16,179

Up $2,898 (+22%) from 2023

Net Income

Up

$821

Up $4,102 (+125%) from 2023

Historical Trend

Balance Sheet Trend

Asset Growth73rd 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

2024

Assets$4,821
Liabilities-
Net Assets$4,821
Open 2024 Filing

Operations Trend

Revenue Growth87th percentile

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

2024

Revenue$17,000
Expenses$16,179
Net Income$821
Open 2024 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Mar 9, 2025
Return Version
2024v5.0
Gross Receipts
$17,000
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 STUDENTS$13,000$13,000
Compensation and Service Providers
Top Officer Pay79th 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
2025-03-09
Discuss with paid preparer
Yes

Preparer

Firm
PH Accounting & Tax Service Inc
Address
8951 N MILWAUKEE AVE, NILES, IL 60714
Preparer
Seongrae H Fujii Ea
Phone
8479679600
Supplemental Narrative

Additional Explanations

Form 990EZ, Part I, Line 10

“Grants and scholarship; scholarship; merit school of music: 38 s peoria st, chicago, il, 60607; n/a, 1000.”

Form 990EZ, Part I, Line 10

“Grants and scholarship; scholarship; erica yoo: , , , ; , 1000.”

Form 990EZ, Part I, Line 10

“Grants and scholarship; scholarship; avery park: , , , ; , 1000.”

Form 990EZ, Part I, Line 10

“Grants and scholarship; scholarship; chad park: , , , ; , 1000.”

Form 990EZ, Part I, Line 10

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

Form 990EZ, Part I, Line 10

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

Form 990EZ, Part I, Line 10

“Grants and scholarship; scholarship; grace to: , , , ; , 1000.”

Form 990EZ, Part I, Line 10

“Grants and scholarship; scholarship; hahn saem lee: , , , ; , 1000.”

Form 990EZ, Part I, Line 10

“Grants and scholarship; scholarship; sarah kwon: , , , ; , 1000.”

Form 990EZ, Part I, Line 10

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

Form 990EZ, Part I, Line 10

“Grants and scholarship; scholarship; daniel suh: , , , ; , 1000.”

Form 990EZ, Part I, Line 10

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

Form 990EZ, Part I, Line 10

“Grants and scholarship; scholarship; crystal park: , , , ; , 1000.”

Form 990EZ, Part I, Line 16

“Award ceremony dinner 1200.”

Form 990EZ, Part I, Line 16

“Advertising expenses 900.”

Raw XML Appendix166 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/BOYAmt04000
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt04821
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/ContributionsGiftsGrantsEtcAmt017000
IRS990EZ/CostOfGoodsSoldAmt00
IRS990EZ/CostOrOtherBasisExpenseSaleAmt00
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt0821
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt01013
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt04000
IRS990EZ/Form990TotalAssetsGrp/EOYAmt04821
IRS990EZ/FundraisingGrossIncomeAmt00
IRS990EZ/GainOrLossFromSaleOfAssetsAmt00
IRS990EZ/GrantsAndSimilarAmountsPaidAmt013000
IRS990EZ/GrossProfitLossSlsOfInvntryAmt00
IRS990EZ/GrossReceiptsAmt017000
IRS990EZ/GrossReceiptsForPublicUseAmt00
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InitiationFeesAndCapContriAmt00
IRS990EZ/InvestmentIncomeAmt00
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MembershipDuesAmt00
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt04000
IRS990EZ/NetAssetsOrFundBalancesEOYAmt04821
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt04000
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt04821
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/OtherExpensesTotalAmt02100
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0PROMOTE HIGHER EDUCATIONAL OPPORTUNITES FOR DESERVING STUDENTS ENTERNING COLLEGE AND GRADUATE SCHOOL BY PROVIDING SCHOLARSHIPS
IRS990EZ/PrintingPublicationsPostageAmt066
IRS990EZ/ProgramServiceRevenueAmt00
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0GRANTS AND SCHOLARSHIPS TO STUDENTS
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt013000
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt013000
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SpecialEventsDirectExpensesAmt00
IRS990EZ/SpecialEventsNetIncomeLossAmt00
IRS990EZ/StatesWhereCopyOfReturnIsFldCd0IL
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt016179
IRS990EZ/TotalProgramServiceExpensesAmt013000
IRS990EZ/TotalRevenueAmt017000
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0AKLEESCHOLARSHIP.ORG
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt017000
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt010000
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt010000
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt030000
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt067000
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt00
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/TotalAmt00
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/InvestmentIncomePYPct00.00000
IRS990ScheduleA/OtherSupportSumAmt00
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00
IRS990ScheduleA/PublicSupportCY509Pct01.00000
IRS990ScheduleA/PublicSupportPY509Pct01.00000
IRS990ScheduleA/PublicSupportTotal509Amt067000
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft509Grp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt017000
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt010000
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt010000
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt030000
IRS990ScheduleA/Total509Grp/TotalAmt067000
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt067000
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0GRANTS AND SCHOLARSHIP; SCHOLARSHIP; MERIT SCHOOL OF MUSIC: 38 S PEORIA ST, CHICAGO, IL, 60607; N/A, 1000.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1GRANTS AND SCHOLARSHIP; SCHOLARSHIP; ERICA YOO: , , , ; , 1000.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2GRANTS AND SCHOLARSHIP; SCHOLARSHIP; AVERY PARK: , , , ; , 1000.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3GRANTS AND SCHOLARSHIP; SCHOLARSHIP; CHAD PARK: , , , ; , 1000.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4GRANTS AND SCHOLARSHIP; SCHOLARSHIP; CHANMIN LEE: , , , ; , 1000.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5GRANTS AND SCHOLARSHIP; SCHOLARSHIP; DANIEL KIM: , , , ; , 1000.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6GRANTS AND SCHOLARSHIP; SCHOLARSHIP; GRACE TO: , , , ; , 1000.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7GRANTS AND SCHOLARSHIP; SCHOLARSHIP; HAHN SAEM LEE: , , , ; , 1000.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8GRANTS AND SCHOLARSHIP; SCHOLARSHIP; SARAH KWON: , , , ; , 1000.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt9GRANTS AND SCHOLARSHIP; SCHOLARSHIP; YUCHAN KIM: , , , ; , 1000.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt10GRANTS AND SCHOLARSHIP; SCHOLARSHIP; DANIEL SUH: , , , ; , 1000.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt11GRANTS AND SCHOLARSHIP; SCHOLARSHIP; ELLEN KIM: , , , ; , 1000.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt12GRANTS AND SCHOLARSHIP; SCHOLARSHIP; CRYSTAL PARK: , , , ; , 1000.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt13AWARD CEREMONY DINNER 1200.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt14ADVERTISING EXPENSES 900.
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 10
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc11Form 990EZ, Part I, Line 10
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc12Form 990EZ, Part I, Line 10
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc13Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc14Form 990EZ, Part I, Line 16
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0ALEX LEE
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum08478732407
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-03-09
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/IRSResponsiblePrtyInfoCurrInd0true
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0852012498
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0PH Accounting & Tax Service Inc
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt08951 N MILWAUKEE AVE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0NILES
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0IL
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd060714
ReturnHeader/PreparerPersonGrp/PhoneNum08479679600
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0SEONGRAE H FUJII EA
ReturnHeader/ReturnTs02025-03-11T17:14:52-07:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02024-01-01
ReturnHeader/TaxPeriodEndDt02024-12-31
ReturnHeader/TaxYr02024

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2024 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$4,821
Liabilities
-
Net assets
$4,821
Revenue
$17,000
Expenses
$16,179
Net income
$821
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