Civic Intelligence

World Hongik Foundation

990EZ • Fiscal year 2018 • EIN 82-4242671

Jan 01, 2018 to Dec 31, 2018 • Filed on Dec 12, 2019

601 13th St NW Room 900SWashington, DC 20005

(201) 658-0104

Siviq Scores

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

Liabilities / Assets

59th percentile

0.00x

Higher debt load relative to assets than 59% of similar nonprofits.

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

Liabilities / Revenue

59th percentile

0.00x

Higher debt load relative to revenue than 59% of similar nonprofits.

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

Net Margin

96th percentile

74%

Higher net margin than 96% of similar nonprofits.

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

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.

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

Asset Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2018

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2018

Assets

$69,486

No earlier filing loaded for comparison.

Net Assets

$69,286

No earlier filing loaded for comparison.

Liabilities

$200

No earlier filing loaded for comparison.

Revenue

$93,309

No earlier filing loaded for comparison.

Expenses

$24,023

No earlier filing loaded for comparison.

Net Income

$69,286

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

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

$150K$100K$50K$0Assets 2018: $69,486Liabilities 2018: $200Net Assets 2018: $69,2862018Assets 2019: $79,995Liabilities 2019: $02019Assets 2020: $87,384Net Assets 2020: $87,3842020Assets 2021: $98,699Liabilities 2021: $02021Assets 2022: $103,465Liabilities 2022: $02022Assets 2023: $89,806Liabilities 2023: $02023

Highlighted filing

2018

Assets$69,486
Liabilities$200
Net Assets$69,286

Operations Trend

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

$100K$50K$0-$50KRevenue 2018: $93,309Expenses 2018: $24,023Net Income 2018: $69,2862018Revenue 2019: $93,250Expenses 2019: $82,541Net Income 2019: $10,7092019Revenue 2020: $20,606Expenses 2020: $13,018Net Income 2020: $7,5882020Revenue 2021: $24,075Expenses 2021: $12,761Net Income 2021: $11,3142021Revenue 2022: $95,173Expenses 2022: $90,408Net Income 2022: $4,7652022Revenue 2023: $10,869Expenses 2023: $24,528Net Income 2023: -$13,6592023

Highlighted filing

2018

Revenue$93,309
Expenses$24,023
Net Income$69,286
Jump To
Filing Snapshot
Filing Period
Jan 1, 2018 to Dec 31, 2018
Signed
Dec 12, 2019
Return Version
2018v3.1
Gross Receipts
$93,309
Mission and Program Overview

Mission

Finding a solution to ending global hunger.

Program Services

DescriptionGrantsExpenses
Provided education, instruction and solution finding exercises to combat world hunger. The organization accomplished this by holding conferences in which participants discussed and practiced in solution finding exercises.-$16,451
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
KyungAe ShinPresident-$0--
Daniel KimSecretaryPT$0--
Eugene ParkTreasurerPT$0--
Filing and Contact Details

Filer

Filer Name
World Hongik Foundation
EIN
82-4242671
Phone
2016580104
Address
601 13th St NW Room 900S, Washington, DC 20005

Signing Officer

Name
Daniel Kim
Title
Secretary
Signed
2019-12-12
Discuss with paid preparer
Yes

Preparer

Firm
Foundation Group Inc
Address
1321 Murfreesboro Pike Ste 610, Nashville, TN 37217
Preparer
William G McRay
Phone
6153619445
Supplemental Narrative

Additional Explanations

Form 990-EZ, Part I, Line 16, Other Expenses

Travel 3,357

Form 990-EZ, Part I, Line 16, Other Expenses

Conferences, conventions, and meetings 8,000

Form 990-EZ, Part I, Line 16, Other Expenses

IT -- Website 21

Form 990-EZ, Part I, Line 16, Other Expenses

Professional Development 347

Form 990-EZ, Part I, Line 16, Other Expenses

Bank Fees 80

Form 990-EZ, Part I, Line 16, Other Expenses

Vehicle Expenses 373

Form 990-EZ, Part I, Line 16, Other Expenses

Office Supplies 1,663

Form 990-EZ, Part I, Line 16, Other Expenses

Licenses and Fees 1,251

Form 990-EZ, Part I, Line 16, Other Expenses

Program Expenses 1,500

Form 990-EZ, Part II, Line 24, Other Assets

Inventorys for Sale Security Deposits Beginning of year 0, End of year 2,085

Form 990-EZ, Part II, Line 26, Liabilities

Current Liabilities Beginning of year 0, End of year 200

Form 990-EZ, Part I, Line H

Return is being ammended to adjust the donation amount reported on Schedule B. Imjeon Park donated 9,700 during the 2018 calendar year, not the orginially reported amount of 97,000.

Raw XML Appendix155 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
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IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt0527 Green Valley Road
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0Paramus
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0NJ
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd007652
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt067401
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
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IRS990EZ/ExcessOrDeficitForYearAmt069286
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt03000
IRS990EZ/FiledScheduleAInd0true
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IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MembershipDuesAmt035120
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesEOYAmt069286
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt00
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt069286
IRS990EZ/OccupancyRentUtltsAndMaintAmt03247
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt0003.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt1020.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt2010.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0KyungAe Shin
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1Daniel Kim
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2Eugene Park
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0President
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1Secretary
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2Treasurer
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IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherAssetsTotalDetail/EOYAmt02085
IRS990EZ/OtherExpensesTotalAmt016592
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0Finding a solution to ending global hunger.
IRS990EZ/PrintingPublicationsPostageAmt01184
IRS990EZ/ProgramServiceRevenueAmt08000
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0Provided education, instruction and solution finding exercises to combat world hunger. The organization accomplished this by holding conferences in which participants discussed and practiced in solution finding exercises.
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt016451
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/StatesWhereCopyOfReturnIsFldCd0DC
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt0200
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TaxImposedUnderIRC4911Amt00
IRS990EZ/TaxImposedUnderIRC4912Amt00
IRS990EZ/TaxImposedUnderIRC4955Amt00
IRS990EZ/TotalExpensesAmt024023
IRS990EZ/TotalProgramServiceExpensesAmt016451
IRS990EZ/TotalRevenueAmt093309
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0None at this time.
IRS990ScheduleA/First5Years170Ind0X
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt093309
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt093309
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.00000
IRS990ScheduleA/PublicSupportCY509Pct00.00000
IRS990ScheduleA/PublicSupportTotal170Amt093309
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt093309
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt093309
IRS990ScheduleA/TotalSupportAmt093309
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Travel 3,357
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Conferences, conventions, and meetings 8,000
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2IT -- Website 21
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Professional Development 347
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Bank Fees 80
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5Vehicle Expenses 373
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6Office Supplies 1,663
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7Licenses and Fees 1,251
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8Program Expenses 1,500
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt9Inventorys for Sale Security Deposits Beginning of year 0, End of year 2,085
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt10Current Liabilities Beginning of year 0, End of year 200
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt11Return is being ammended to adjust the donation amount reported on Schedule B. Imjeon Park donated 9,700 during the 2018 calendar year, not the orginially reported amount of 97,000.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990-EZ, Part I, Line 16, Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990-EZ, Part I, Line 16, Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990-EZ, Part I, Line 16, Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990-EZ, Part I, Line 16, Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990-EZ, Part I, Line 16, Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Form 990-EZ, Part I, Line 16, Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Form 990-EZ, Part I, Line 16, Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7Form 990-EZ, Part I, Line 16, Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8Form 990-EZ, Part I, Line 16, Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc9Form 990-EZ, Part II, Line 24, Other Assets
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc10Form 990-EZ, Part II, Line 26, Liabilities
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc11Form 990-EZ, Part I, Line H
ReturnHeader/BuildTS02020-04-17 16:48:07Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0Daniel Kim
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Secretary
ReturnHeader/BusinessOfficerGrp/SignatureDt02019-12-12
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0World Hongik Foundation
ReturnHeader/Filer/BusinessNameControlTxt0WORL
ReturnHeader/Filer/EIN0824242671
ReturnHeader/Filer/PhoneNum02016580104
ReturnHeader/Filer/USAddress/AddressLine1Txt0601 13th St NW Room 900S
ReturnHeader/Filer/USAddress/CityNm0Washington
ReturnHeader/Filer/USAddress/StateAbbreviationCd0DC
ReturnHeader/Filer/USAddress/ZIPCd020005
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ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt075.149.108.5
ReturnHeader/FilingSecurityInformation/IPDt02019-12-12
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0CS
ReturnHeader/FilingSecurityInformation/IPTm014:50:58
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Foundation Group Inc
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt01321 Murfreesboro Pike Ste 610
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Nashville
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0TN
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd037217
ReturnHeader/PreparerPersonGrp/PhoneNum06153619445
ReturnHeader/PreparerPersonGrp/PreparationDt02019-12-12
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0William G McRay
ReturnHeader/ReturnTs02019-12-12T09:13:38-00:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02018-01-01
ReturnHeader/TaxPeriodEndDt02018-12-31
ReturnHeader/TaxYr02018

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Filings