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
59th percentile
Higher net margin than 59% of similar nonprofits.
Top Officer Pay
81st percentile
Higher top officer pay than 81% of similar nonprofits.
Top officer pay equals 11.0% of source-year revenue.
Asset Growth
56th percentile
Faster asset growth than 56% of similar nonprofits.
Revenue Growth
52nd percentile
Faster revenue growth than 52% of similar nonprofits.
Balance Sheet
Assets
Up$146,473
Up $6,303 (+4.5%) from 2022
Net Assets
Up$146,473
Up $6,303 (+4.5%) from 2022
Liabilities
-
No earlier filing loaded for comparison.
Revenue And Expenses
Revenue
Up$75,516
Up $4,750 (+6.7%) from 2022
Expenses
Up$69,214
Up $8,110 (+13%) from 2022
Net Income
Down$6,302
Down $3,360 (-35%) from 2022
Historical Trend
Jump To
Filing Snapshot
- Filing Period
- Jan 1, 2023 to Dec 31, 2023
- Signed
- Nov 13, 2024
- Return Version
- 2023v5.0
- Gross Receipts
- $75,516
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 2023, MORE THAN 100 STUDENTS WERE REGISTERED IN EACH SEMESTER. | - | $55,541 |
Compensation and Service Providers
Employees
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| IRENE JOUNG | President | - | $8,280 | - | $8,280 |
| ILCHUL YOON | Board Of Tru | - | $0 | - | - |
| SUNHEE KIM | Board Of Tru | - | $0 | - | - |
| HANGKYO LIM | Board Of Tru | - | $0 | - | - |
| SUNHEE CHOI | Board Of Tru | - | $0 | - | - |
| REV MATTHEW MOON SEONG PARK | 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
- Irene Joung
- Title
- President
- Signed
- 2024-11-13
- Discuss with paid preparer
- Yes
Preparer
- Firm
- Ak & Associates 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 1,300 education supplies 2,198 operation expense 2,767 supplies and maintenance 6,175 refund of tuition 1,140 student meals 3,685 miscellaneous 1,441 total 18,706”
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 2023, more than 100 students were registered in each semester.”
Raw XML Appendix131 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 | JIHYUN SHIN |
| IRS990EZ/BooksInCareOfDetail/PhoneNum | 0 | 8577564617 |
| 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 | 140171 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt | 0 | 146473 |
| IRS990EZ/ChgMadeToOrgnzngDocNotRptInd | 0 | false |
| IRS990EZ/ContributionsGiftsGrantsEtcAmt | 0 | 26256 |
| IRS990EZ/DonorAdvisedFndsInd | 0 | false |
| IRS990EZ/EngagedInExcessBenefitTransInd | 0 | false |
| IRS990EZ/ExcessOrDeficitForYearAmt | 0 | 6302 |
| IRS990EZ/FeesAndOtherPymtToIndCntrctAmt | 0 | 850 |
| IRS990EZ/FiledScheduleAInd | 0 | true |
| IRS990EZ/ForeignFinancialAccountInd | 0 | false |
| IRS990EZ/ForeignOfficeInd | 0 | false |
| IRS990EZ/Form1120PolFiledInd | 0 | false |
| IRS990EZ/Form990TotalAssetsGrp/BOYAmt | 0 | 140171 |
| IRS990EZ/Form990TotalAssetsGrp/EOYAmt | 0 | 146473 |
| IRS990EZ/GrossReceiptsAmt | 0 | 75516 |
| IRS990EZ/InfoInScheduleOPartIIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIInd | 0 | X |
| IRS990EZ/LobbyingActivitiesInd | 0 | false |
| IRS990EZ/MadeLoansToFromOfficersInd | 0 | false |
| IRS990EZ/MethodOfAccountingCashInd | 0 | X |
| IRS990EZ/NetAssetsOrFundBalancesBOYAmt | 0 | 140171 |
| IRS990EZ/NetAssetsOrFundBalancesEOYAmt | 0 | 146473 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt | 0 | 140171 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt | 0 | 146473 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 0 | 000.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 1 | 000.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 2 | 000.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 3 | 000.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 4 | 000.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 5 | 3.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 3 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 4 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 5 | 8280 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 0 | ILCHUL YOON |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 1 | SUNHEE KIM |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 2 | HANGKYO LIM |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 3 | SUNHEE CHOI |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 4 | REV MATTHEW MOON SEONG PARK |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 5 | IRENE JOUNG |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 0 | BOARD OF TRU |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 1 | BOARD OF TRU |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 2 | BOARD OF TRU |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 3 | BOARD OF TRU |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 4 | BOARD OF TRU |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 5 | PRESIDENT |
| IRS990EZ/OperateHospitalInd | 0 | false |
| IRS990EZ/Organization501c3Ind | 0 | X |
| IRS990EZ/OrganizationDissolvedEtcInd | 0 | false |
| IRS990EZ/OrganizationHadUBIInd | 0 | false |
| IRS990EZ/OtherExpensesTotalAmt | 0 | 18706 |
| 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 | 49260 |
| 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 2023, MORE THAN 100 STUDENTS WERE REGISTERED IN EACH SEMESTER. |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt | 0 | 55541 |
| IRS990EZ/ProhibitedTaxShelterTransInd | 0 | false |
| IRS990EZ/RelatedOrganizationCtrlEntInd | 0 | false |
| IRS990EZ/SalariesOtherCompEmplBnftAmt | 0 | 49658 |
| IRS990EZ/ScheduleBNotRequiredInd | 0 | X |
| IRS990EZ/SchoolOperatingInd | 0 | false |
| IRS990EZ/SubjectToProxyTaxInd | 0 | false |
| IRS990EZ/TanningServicesProvidedInd | 0 | false |
| IRS990EZ/TotalExpensesAmt | 0 | 69214 |
| IRS990EZ/TotalProgramServiceExpensesAmt | 0 | 55541 |
| IRS990EZ/TotalRevenueAmt | 0 | 75516 |
| IRS990EZ/TransactionWithControlEntInd | 0 | false |
| IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd | 0 | false |
| IRS990EZ/TypeOfOrganizationCorpInd | 0 | X |
| IRS990EZ/WebsiteAddressTxt | 0 | N/A |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt | 0 | 26256 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt | 0 | 26971 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 27102 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 19506 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt | 0 | 23280 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt | 0 | 123115 |
| IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt | 0 | 220157 |
| IRS990ScheduleA/PublicOrganization170Ind | 0 | X |
| IRS990ScheduleA/PublicSupportCY170Pct | 0 | 1.00000 |
| IRS990ScheduleA/PublicSupportPY170Pct | 0 | 1.00000 |
| IRS990ScheduleA/PublicSupportTotal170Amt | 0 | 123115 |
| IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind | 0 | X |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt | 0 | 26256 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt | 0 | 26971 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 27102 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 19506 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt | 0 | 23280 |
| IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt | 0 | 123115 |
| IRS990ScheduleA/TotalSupportAmt | 0 | 123115 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | EXPENSES SEMINARS & TRAINING 1,300 EDUCATION SUPPLIES 2,198 OPERATION EXPENSE 2,767 SUPPLIES AND MAINTENANCE 6,175 REFUND OF TUITION 1,140 STUDENT MEALS 3,685 MISCELLANEOUS 1,441 TOTAL 18,706 |
| 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 2023, MORE THAN 100 STUDENTS WERE REGISTERED IN EACH SEMESTER. |
| 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 | 2024-10-15 13:58:12Z |
| ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd | 0 | true |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | IRENE JOUNG |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | PRESIDENT |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2024-11-13 |
| 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/IRSResponsiblePrtyInfoCurrInd | 0 | false |
| ReturnHeader/PreparerFirmGrp/PreparerFirmEIN | 0 | 521984594 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt | 0 | AK & ASSOCIATES 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 | 2024-11-13 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | ALBERT KIM |
| ReturnHeader/ReturnTs | 0 | 2024-11-15T09:43:16-05:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990EZ |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2023-01-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2023-12-31 |
| ReturnHeader/TaxYr | 0 | 2023 |
Document Assets
No mirrored PDF or thumbnail assets are attached yet.
Filings
Displayed year
2023 • Form 990EZDetailed filing. Detailed filing data is available for this year.
- Assets
- $146,473
- Liabilities
- -
- Net assets
- $146,473
- Revenue
- $75,516
- Expenses
- $69,214
- Net income
- $6,302