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
26th percentile
Higher net margin than 26% of similar nonprofits.
Top Officer Pay
79th percentile
Higher top officer pay than 79% of similar nonprofits.
Top officer pay equals 6.6% of source-year revenue.
Asset Growth
32nd percentile
Faster asset growth than 32% of similar nonprofits.
Revenue Growth
49th percentile
Faster revenue growth than 49% of similar nonprofits.
Balance Sheet
Assets
Down$130,506
Down $5,843 (-4.3%) from 2020
Net Assets
Down$130,506
Down $5,843 (-4.3%) from 2020
Liabilities
-
No earlier filing loaded for comparison.
Revenue And Expenses
Revenue
Up$73,080
Up $1,840 (+2.6%) from 2020
Expenses
Up$78,923
Up $26,400 (+50%) from 2020
Net Income
Down-$5,843
Down $24,560 (-131%) from 2020
Historical Trend
Jump To
Filing Snapshot
- Filing Period
- Jan 1, 2021 to Dec 31, 2021
- Signed
- Nov 15, 2022
- Return Version
- 2021v4.0
- Gross Receipts
- $73,080
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 2021, MORE THAN 200 STUDENTS WERE REGISTERED. | - | $53,423 |
Compensation and Service Providers
Employees
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| MIYOUNG PARK | President | PT | $4,838 | - | $4,838 |
| 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
- Miyoung Park
- Title
- President
- Signed
- 2022-11-15
- 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 1,420 education supplies 2,760 operation expense 3,035 supplies and maintenance 13,548 refund of tuition 740 student meals 1,268 miscellaneous 1,919 total 24,690”
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 2021, more than 200 students were registered.”
Raw XML Appendix117 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 | MIYOUNG PARK |
| 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 | 136349 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt | 0 | 130506 |
| IRS990EZ/ChgMadeToOrgnzngDocNotRptInd | 0 | false |
| IRS990EZ/ContributionsGiftsGrantsEtcAmt | 0 | 27102 |
| IRS990EZ/DonorAdvisedFndsInd | 0 | false |
| IRS990EZ/EngagedInExcessBenefitTransInd | 0 | false |
| IRS990EZ/ExcessOrDeficitForYearAmt | 0 | -5843 |
| IRS990EZ/FiledScheduleAInd | 0 | true |
| IRS990EZ/ForeignFinancialAccountInd | 0 | false |
| IRS990EZ/ForeignOfficeInd | 0 | false |
| IRS990EZ/Form1120PolFiledInd | 0 | false |
| IRS990EZ/Form990TotalAssetsGrp/BOYAmt | 0 | 136349 |
| IRS990EZ/Form990TotalAssetsGrp/EOYAmt | 0 | 130506 |
| IRS990EZ/GrossReceiptsAmt | 0 | 73080 |
| IRS990EZ/InfoInScheduleOPartIIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIInd | 0 | X |
| IRS990EZ/LobbyingActivitiesInd | 0 | false |
| IRS990EZ/MadeLoansToFromOfficersInd | 0 | false |
| IRS990EZ/MethodOfAccountingCashInd | 0 | X |
| IRS990EZ/NetAssetsOrFundBalancesBOYAmt | 0 | 136349 |
| IRS990EZ/NetAssetsOrFundBalancesEOYAmt | 0 | 130506 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt | 0 | 136349 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt | 0 | 130506 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 0 | 000.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 1 | 000.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 2 | 5.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 2 | 4838 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 0 | KYUNGHEE KWON |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 1 | ILCHUL YOON |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 2 | MIYOUNG PARK |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 0 | BOARD OF TRU |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 1 | BOARD OF TRU |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 2 | PRESIDENT |
| IRS990EZ/OperateHospitalInd | 0 | false |
| IRS990EZ/Organization501c3Ind | 0 | X |
| IRS990EZ/OrganizationDissolvedEtcInd | 0 | false |
| IRS990EZ/OrganizationHadUBIInd | 0 | false |
| IRS990EZ/OtherExpensesTotalAmt | 0 | 24690 |
| 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 | 45978 |
| 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 2021, MORE THAN 200 STUDENTS WERE REGISTERED. |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt | 0 | 53423 |
| IRS990EZ/ProhibitedTaxShelterTransInd | 0 | false |
| IRS990EZ/RelatedOrganizationCtrlEntInd | 0 | false |
| IRS990EZ/SalariesOtherCompEmplBnftAmt | 0 | 54233 |
| IRS990EZ/ScheduleBNotRequiredInd | 0 | X |
| IRS990EZ/SchoolOperatingInd | 0 | false |
| IRS990EZ/SubjectToProxyTaxInd | 0 | false |
| IRS990EZ/TanningServicesProvidedInd | 0 | false |
| IRS990EZ/TotalExpensesAmt | 0 | 78923 |
| IRS990EZ/TotalProgramServiceExpensesAmt | 0 | 53423 |
| IRS990EZ/TotalRevenueAmt | 0 | 73080 |
| IRS990EZ/TransactionWithControlEntInd | 0 | false |
| IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd | 0 | false |
| IRS990EZ/TypeOfOrganizationCorpInd | 0 | X |
| IRS990EZ/WebsiteAddressTxt | 0 | N/A |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt | 0 | 27102 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt | 0 | 19506 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 23280 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 35769 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt | 0 | 105657 |
| IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt | 0 | 217662 |
| IRS990ScheduleA/PublicOrganization170Ind | 0 | X |
| IRS990ScheduleA/PublicSupportCY170Pct | 0 | 1.00000 |
| IRS990ScheduleA/PublicSupportPY170Pct | 0 | 1.00000 |
| IRS990ScheduleA/PublicSupportTotal170Amt | 0 | 105657 |
| IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind | 0 | X |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt | 0 | 27102 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt | 0 | 19506 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 23280 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 35769 |
| IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt | 0 | 105657 |
| IRS990ScheduleA/TotalSupportAmt | 0 | 105657 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | EXPENSES SEMINARS & TRAINING 1,420 EDUCATION SUPPLIES 2,760 OPERATION EXPENSE 3,035 SUPPLIES AND MAINTENANCE 13,548 REFUND OF TUITION 740 STUDENT MEALS 1,268 MISCELLANEOUS 1,919 TOTAL 24,690 |
| 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 2021, 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 | MIYOUNG PARK |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | PRESIDENT |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2022-11-15 |
| 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/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 | 2022-11-15 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | ALBERT KIM |
| ReturnHeader/ReturnTs | 0 | 2022-11-15T20:29:41-05:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990EZ |
| ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm | 0 | MIYOUNG |
| ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm | 0 | PARK |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2021-01-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2021-12-31 |
| ReturnHeader/TaxYr | 0 | 2021 |
Document Assets
No mirrored PDF or thumbnail assets are attached yet.
Filings
Displayed year
2021 • Form 990EZDetailed filing. Detailed filing data is available for this year.
- Assets
- $130,506
- Liabilities
- -
- Net assets
- $130,506
- Revenue
- $73,080
- Expenses
- $78,923
- Net income
- -$5,843