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
75th percentile
Higher net margin than 75% of similar nonprofits.
Top Officer Pay
79th percentile
Higher top officer pay than 79% of similar nonprofits.
Top officer pay equals 10.1% of source-year revenue.
Asset Growth
64th percentile
Faster asset growth than 64% of similar nonprofits.
Revenue Growth
85th percentile
Faster revenue growth than 85% of similar nonprofits.
Balance Sheet
Assets
Up$136,349
Up $18,716 (+16%) from 2019
Net Assets
Up$136,349
Up $18,716 (+16%) from 2019
Liabilities
-
No earlier filing loaded for comparison.
Revenue And Expenses
Revenue
Up$71,240
Up $18,570 (+35%) from 2019
Expenses
Down$52,523
Down $24,127 (-31%) from 2019
Net Income
Up$18,717
Up $42,697 (+178%) from 2019
Historical Trend
Jump To
Filing Snapshot
- Filing Period
- Jan 1, 2020 to Dec 31, 2020
- Signed
- Nov 12, 2021
- Return Version
- 2020v4.0
- Gross Receipts
- $71,240
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 2020, MORE THAN 200 STUDENTS WERE REGISTERED. | - | $46,331 |
Compensation and Service Providers
Employees
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| TAE YOON HWANG | President | PT | $7,202 | - | $7,202 |
| 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 Yoon Hwang
- Title
- President
- Phone
- 4439397567
- Signed
- 2021-11-12
- 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 1,016 education supplies 692 operation expense 3,086 supplies and maintenance 328 student meals 1,018 miscellaneous 1,762 total 7,902”
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 2020, more than 200 students were registered.”
Raw XML Appendix119 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 |
|---|---|---|
| CompensationExplanation/CompensationExplanationGrp/PersonNm | 0 | KYUNGHEE KWON |
| CompensationExplanation/CompensationExplanationGrp/PersonNm | 1 | TAE YOON HWANG |
| CompensationExplanation/CompensationExplanationGrp/PersonNm | 2 | ILCHUL YOON |
| 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 | 117632 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt | 0 | 136349 |
| IRS990EZ/ChgMadeToOrgnzngDocNotRptInd | 0 | false |
| IRS990EZ/ContributionsGiftsGrantsEtcAmt | 0 | 19506 |
| IRS990EZ/DonorAdvisedFndsInd | 0 | false |
| IRS990EZ/EngagedInExcessBenefitTransInd | 0 | false |
| IRS990EZ/ExcessOrDeficitForYearAmt | 0 | 18717 |
| IRS990EZ/FiledScheduleAInd | 0 | true |
| IRS990EZ/ForeignFinancialAccountInd | 0 | false |
| IRS990EZ/ForeignOfficeInd | 0 | false |
| IRS990EZ/Form1120PolFiledInd | 0 | false |
| IRS990EZ/Form990TotalAssetsGrp/BOYAmt | 0 | 117632 |
| IRS990EZ/Form990TotalAssetsGrp/EOYAmt | 0 | 136349 |
| IRS990EZ/GrossReceiptsAmt | 0 | 71240 |
| IRS990EZ/InfoInScheduleOPartIIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIInd | 0 | X |
| IRS990EZ/LobbyingActivitiesInd | 0 | false |
| IRS990EZ/MadeLoansToFromOfficersInd | 0 | false |
| IRS990EZ/MethodOfAccountingCashInd | 0 | X |
| IRS990EZ/NetAssetsOrFundBalancesBOYAmt | 0 | 117632 |
| IRS990EZ/NetAssetsOrFundBalancesEOYAmt | 0 | 136349 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt | 0 | 117632 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt | 0 | 136349 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 0 | 000.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 1 | 10.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 2 | 000.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 1 | 7202 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 0 | KYUNGHEE KWON |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 1 | TAE YOON 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 | 7902 |
| 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 | 51734 |
| 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 2020, MORE THAN 200 STUDENTS WERE REGISTERED. |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt | 0 | 46331 |
| IRS990EZ/ProhibitedTaxShelterTransInd | 0 | false |
| IRS990EZ/RelatedOrganizationCtrlEntInd | 0 | false |
| IRS990EZ/SalariesOtherCompEmplBnftAmt | 0 | 44621 |
| IRS990EZ/ScheduleBNotRequiredInd | 0 | X |
| IRS990EZ/SchoolOperatingInd | 0 | false |
| IRS990EZ/SubjectToProxyTaxInd | 0 | false |
| IRS990EZ/TanningServicesProvidedInd | 0 | false |
| IRS990EZ/TotalExpensesAmt | 0 | 52523 |
| IRS990EZ/TotalProgramServiceExpensesAmt | 0 | 46331 |
| IRS990EZ/TotalRevenueAmt | 0 | 71240 |
| IRS990EZ/TransactionWithControlEntInd | 0 | false |
| IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd | 0 | false |
| IRS990EZ/TypeOfOrganizationCorpInd | 0 | X |
| IRS990EZ/WebsiteAddressTxt | 0 | N/A |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt | 0 | 19506 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt | 0 | 23280 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 35769 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt | 0 | 78555 |
| IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt | 0 | 171684 |
| IRS990ScheduleA/PublicOrganization170Ind | 0 | X |
| IRS990ScheduleA/PublicSupportCY170Pct | 0 | 1.00000 |
| IRS990ScheduleA/PublicSupportPY170Pct | 0 | 1.00000 |
| IRS990ScheduleA/PublicSupportTotal170Amt | 0 | 78555 |
| IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind | 0 | X |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt | 0 | 19506 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt | 0 | 23280 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 35769 |
| IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt | 0 | 78555 |
| IRS990ScheduleA/TotalSupportAmt | 0 | 78555 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | EXPENSES SEMINARS & TRAINING 1,016 EDUCATION SUPPLIES 692 OPERATION EXPENSE 3,086 SUPPLIES AND MAINTENANCE 328 STUDENT MEALS 1,018 MISCELLANEOUS 1,762 TOTAL 7,902 |
| 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 2020, MORE THAN 200 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 | 2022-09-23 18:48:47Z |
| ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd | 0 | true |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | TAE YOON HWANG |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | PRESIDENT |
| ReturnHeader/BusinessOfficerGrp/PhoneNum | 0 | 4439397567 |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2021-11-12 |
| 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/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 | 2021-11-12 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | ALBERT KIM |
| ReturnHeader/ReturnTs | 0 | 2021-11-15T17:23:45-06:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990EZ |
| ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm | 0 | TAE YOON |
| ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm | 0 | HWANG |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2020-01-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2020-12-31 |
| ReturnHeader/TaxYr | 0 | 2020 |
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.
- Assets
- $136,349
- Liabilities
- -
- Net assets
- $136,349
- Revenue
- $71,240
- Expenses
- $52,523
- Net income
- $18,717