Liabilities / Assets
Score unavailable
Liabilities-to-assets requires both liabilities and assets on this filing.
Siviq Scores
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
No value available
Liabilities / Revenue
Score unavailable
Liabilities-to-revenue requires both liabilities and revenue on this filing.
Net Margin
9th percentile
Higher net margin than 9% of similar nonprofits.
Top Officer Pay
78th percentile
Higher top officer pay than 78% of similar nonprofits.
Top officer pay equals 7.9% of source-year revenue.
Asset Growth
Score unavailable
No earlier valid filing was available within the previous three public years.
Revenue Growth
Score unavailable
No earlier valid filing was available within the previous three public years.
Balance Sheet
Assets
$117,633
No earlier filing loaded for comparison.
Net Assets
$117,633
No earlier filing loaded for comparison.
Liabilities
-
No earlier filing loaded for comparison.
Revenue And Expenses
Revenue
$52,670
No earlier filing loaded for comparison.
Expenses
$76,650
No earlier filing loaded for comparison.
Net Income
-$23,980
No earlier filing loaded for comparison.
Historical Trend
Jump To
Filing Snapshot
- Filing Period
- Jan 1, 2019 to Dec 31, 2019
- Signed
- Nov 15, 2020
- Return Version
- 2019v5.0
- Gross Receipts
- $52,670
Mission and Program Overview
Mission
To promote education and related cultural activities
Program Services
| Description | Grants | Expenses |
|---|---|---|
| WE OFFERED WEEKEND KOREAN LANGUAGE PROGRAMS TO THE CHILDREN OF IMMIGRANT FAMILY FROM KOREA AND ADULTS INTERESTED IN LEARNING KOREAN LANGUAGE. CLASSES MET FOR 15 WEEKS IN EACH SPRING AND FALL SEMESTER. STUDENTS WERE ENROLLED IN 12 DIFFERENT CLASSES DEPENDING ON THEIR AGES AND LEVELS. IN THE CLASS, THEY WERE TAUGHT KOREAN, KOREAN CULTURE AND HISTORY BY VOLUNTEER TEACHERS. DURING THE ACADEMIC YEAR OF 2019, A TOTAL OF 265 STUDENTS WERE REGISTERED. | - | $67,111 |
Compensation and Service Providers
Employees
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| TAE YUN HWANG | President | - | $4,140 | - | $4,140 |
| KYUNGHEE KWON | Board Of Tru | - | $0 | - | - |
| ILCHUL YOON | Board Of Tru | - | $0 | - | - |
Filing and Contact Details
Filer
- Filer Name
- Sakks Inc
- EIN
- 82-4650046
- Address
- 17615 OLD BALTIMORE RD, OLNEY, MD 20832
Signing Officer
- Name
- Tae Yun Hwang
- Title
- President
- Phone
- 3014051907
- Signed
- 2020-11-15
- Discuss with paid preparer
- Yes
Preparer
- Firm
- Albert T Kim CPA Pa
- Address
- 3300 N RIDGE RD SUITE 380, ELLICOTT CITY, MD 21043
- Preparer
- Albert Kim
- Phone
- 4107191000
Supplemental Narrative
Additional Explanations
Form 990-ez, Part I, Line 16
“Expenses seminars & training 2,279 education supplies 2,266 operation expense 4,560 supplies and maintenance 758 refund of tuition 2,380 student meals 5,951 miscellaneous 1,242 total 19,436”
Form 990-ez, Part III, Line 28
“We offered weekend korean language programs to the children of immigrant family from korea and adults interested in learning korean language. Classes met for 15 weeks in each spring and fall semester. Students were enrolled in 12 different classes depending on their ages and levels. In the class, they were taught korean, korean culture and history by volunteer teachers. During the academic year of 2019, a total of 265 students were registered.”
Raw XML Appendix120 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 | TAE YOON HWANG |
| IRS990EZ/BooksInCareOfDetail/PhoneNum | 0 | 4439397567 |
| IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | 17615 OLD BALTIMORE RD |
| IRS990EZ/BooksInCareOfDetail/USAddress/CityNm | 0 | OLNEY |
| IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | MD |
| IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 20832 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt | 0 | 141613 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt | 0 | 117633 |
| IRS990EZ/ChgMadeToOrgnzngDocNotRptInd | 0 | false |
| IRS990EZ/ContributionsGiftsGrantsEtcAmt | 0 | 23280 |
| IRS990EZ/DonorAdvisedFndsInd | 0 | false |
| IRS990EZ/EngagedInExcessBenefitTransInd | 0 | false |
| IRS990EZ/ExcessOrDeficitForYearAmt | 0 | -23980 |
| IRS990EZ/FeesAndOtherPymtToIndCntrctAmt | 0 | 55214 |
| IRS990EZ/FiledScheduleAInd | 0 | true |
| IRS990EZ/ForeignFinancialAccountInd | 0 | false |
| IRS990EZ/ForeignOfficeInd | 0 | false |
| IRS990EZ/Form1120PolFiledInd | 0 | false |
| IRS990EZ/Form990TotalAssetsGrp/BOYAmt | 0 | 141613 |
| IRS990EZ/Form990TotalAssetsGrp/EOYAmt | 0 | 117633 |
| IRS990EZ/GrossReceiptsAmt | 0 | 52670 |
| IRS990EZ/InfoInScheduleOPartIIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIInd | 0 | X |
| IRS990EZ/LobbyingActivitiesInd | 0 | false |
| IRS990EZ/MadeLoansToFromOfficersInd | 0 | false |
| IRS990EZ/MethodOfAccountingCashInd | 0 | X |
| IRS990EZ/NetAssetsOrFundBalancesBOYAmt | 0 | 141613 |
| IRS990EZ/NetAssetsOrFundBalancesEOYAmt | 0 | 117633 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt | 0 | 141613 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt | 0 | 117633 |
| IRS990EZ/OccupancyRentUtltsAndMaintAmt | 0 | 2000 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 0 | 000.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 1 | 4.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 2 | 000.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 1 | 4140 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 0 | KYUNGHEE KWON |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 1 | TAE YUN HWANG |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 2 | ILCHUL YOON |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 0 | BOARD OF TRU |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 1 | PRESIDENT |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 2 | BOARD OF TRU |
| IRS990EZ/OperateHospitalInd | 0 | false |
| IRS990EZ/Organization501c3Ind | 0 | X |
| IRS990EZ/OrganizationDissolvedEtcInd | 0 | false |
| IRS990EZ/OrganizationHadUBIInd | 0 | false |
| IRS990EZ/OtherExpensesTotalAmt | 0 | 19436 |
| IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt | 0 | NONE |
| IRS990EZ/PartVIOfCompOfHghstPdEmplTxt | 0 | NONE |
| IRS990EZ/PoliticalCampaignActyInd | 0 | false |
| IRS990EZ/PrimaryExemptPurposeTxt | 0 | TO PROMOTE EDUCATION AND RELATED CULTURAL ACTIVITIES |
| IRS990EZ/ProgramServiceRevenueAmt | 0 | 29390 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 0 | WE OFFERED WEEKEND KOREAN LANGUAGE PROGRAMS TO THE CHILDREN OF IMMIGRANT FAMILY FROM KOREA AND ADULTS INTERESTED IN LEARNING KOREAN LANGUAGE. CLASSES MET FOR 15 WEEKS IN EACH SPRING AND FALL SEMESTER. STUDENTS WERE ENROLLED IN 12 DIFFERENT CLASSES DEPENDING ON THEIR AGES AND LEVELS. IN THE CLASS, THEY WERE TAUGHT KOREAN, KOREAN CULTURE AND HISTORY BY VOLUNTEER TEACHERS. DURING THE ACADEMIC YEAR OF 2019, A TOTAL OF 265 STUDENTS WERE REGISTERED. |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt | 0 | 67111 |
| IRS990EZ/ProhibitedTaxShelterTransInd | 0 | false |
| IRS990EZ/RelatedOrganizationCtrlEntInd | 0 | false |
| IRS990EZ/ScheduleBNotRequiredInd | 0 | X |
| IRS990EZ/SchoolOperatingInd | 0 | false |
| IRS990EZ/SubjectToProxyTaxInd | 0 | false |
| IRS990EZ/TanningServicesProvidedInd | 0 | false |
| IRS990EZ/TotalExpensesAmt | 0 | 76650 |
| IRS990EZ/TotalProgramServiceExpensesAmt | 0 | 67111 |
| IRS990EZ/TotalRevenueAmt | 0 | 52670 |
| IRS990EZ/TransactionWithControlEntInd | 0 | false |
| IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd | 0 | false |
| IRS990EZ/TypeOfOrganizationCorpInd | 0 | X |
| IRS990EZ/WebsiteAddressTxt | 0 | N/A |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt | 0 | 23280 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt | 0 | 35769 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt | 0 | 59049 |
| IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt | 0 | 119950 |
| IRS990ScheduleA/PublicOrganization170Ind | 0 | X |
| IRS990ScheduleA/PublicSupportCY170Pct | 0 | 1.00000 |
| IRS990ScheduleA/PublicSupportPY170Pct | 0 | 1.00000 |
| IRS990ScheduleA/PublicSupportTotal170Amt | 0 | 59049 |
| IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind | 0 | X |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt | 0 | 23280 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt | 0 | 35769 |
| IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt | 0 | 59049 |
| IRS990ScheduleA/TotalSupportAmt | 0 | 59049 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | EXPENSES SEMINARS & TRAINING 2,279 EDUCATION SUPPLIES 2,266 OPERATION EXPENSE 4,560 SUPPLIES AND MAINTENANCE 758 REFUND OF TUITION 2,380 STUDENT MEALS 5,951 MISCELLANEOUS 1,242 TOTAL 19,436 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | WE OFFERED WEEKEND KOREAN LANGUAGE PROGRAMS TO THE CHILDREN OF IMMIGRANT FAMILY FROM KOREA AND ADULTS INTERESTED IN LEARNING KOREAN LANGUAGE. CLASSES MET FOR 15 WEEKS IN EACH SPRING AND FALL SEMESTER. STUDENTS WERE ENROLLED IN 12 DIFFERENT CLASSES DEPENDING ON THEIR AGES AND LEVELS. IN THE CLASS, THEY WERE TAUGHT KOREAN, KOREAN CULTURE AND HISTORY BY VOLUNTEER TEACHERS. DURING THE ACADEMIC YEAR OF 2019, A TOTAL OF 265 STUDENTS WERE REGISTERED. |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | FORM 990-EZ, PART I, LINE 16 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | FORM 990-EZ, PART III, LINE 28 |
| ReturnHeader/BuildTS | 0 | 2021-01-29 14:40:06Z |
| ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd | 0 | true |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | TAE YUN HWANG |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | PRESIDENT |
| ReturnHeader/BusinessOfficerGrp/PhoneNum | 0 | 3014051907 |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2020-11-15 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt | 0 | SAKKS INC |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | SAKK |
| ReturnHeader/Filer/EIN | 0 | 824650046 |
| ReturnHeader/Filer/USAddress/AddressLine1Txt | 0 | 17615 OLD BALTIMORE RD |
| ReturnHeader/Filer/USAddress/CityNm | 0 | OLNEY |
| ReturnHeader/Filer/USAddress/StateAbbreviationCd | 0 | MD |
| ReturnHeader/Filer/USAddress/ZIPCd | 0 | 20832 |
| ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId | 0 | 1B0E5AD97BD2F51F94ABCC748F9A70EB2FF33113 |
| ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId | 0 | 1B0E5AD97BD2F51F94ABCC748F9A70EB2FF33113 |
| ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd | 0 | P |
| ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt | 0 | 71.127.151.19 |
| ReturnHeader/FilingSecurityInformation/IPDt | 0 | 2020-11-16 |
| ReturnHeader/FilingSecurityInformation/IPTimezoneCd | 0 | CS |
| ReturnHeader/FilingSecurityInformation/IPTm | 0 | 11:29:01 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmEIN | 0 | 521984594 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt | 0 | ALBERT T KIM CPA PA |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt | 0 | 3300 N RIDGE RD SUITE 380 |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm | 0 | ELLICOTT CITY |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd | 0 | MD |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd | 0 | 21043 |
| ReturnHeader/PreparerPersonGrp/PhoneNum | 0 | 4107191000 |
| ReturnHeader/PreparerPersonGrp/PreparationDt | 0 | 2020-11-15 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | ALBERT KIM |
| ReturnHeader/ReturnTs | 0 | 2020-11-16T11:29:01-06:00 |
| 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.
- Assets
- $117,633
- Liabilities
- -
- Net assets
- $117,633
- Revenue
- $52,670
- Expenses
- $76,650
- Net income
- -$23,980