Civic Intelligence

The John Kwon and Family Foundation

EIN 84-2738153 • Wilmington, DE

Foundation Source 501 Silverside RdWilmington, DE 19809-1377
Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

63rd percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

<$500k nonprofits • Source year 2024

Liabilities / Revenue

66th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

<$500k nonprofits • Source year 2024

Net Margin

17th percentile

-47%

Higher net margin than 17% of similar nonprofits.

<$500k nonprofits • Source year 2024

Top Officer Pay

81st percentile

$0

Higher top officer pay than 81% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

<$500k nonprofits • Source year 2024

Asset Growth

19th percentile

-58%

Faster asset growth than 19% of similar nonprofits.

<$500k nonprofits • Annualized from 2023 to 2024

Revenue Growth

99th percentile

4936%

Faster revenue growth than 99% of similar nonprofits.

<$500k nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets63rd percentile

Assets

Down

$3,487

Down $4,737 (-58%) from 2023

Liabilities

Flat

$0

Flat from 2023

Net Assets

Down

$3,487

Down $4,737 (-58%) from 2023

Operations
Liabilities / Revenue66th percentileNet Margin17th percentile

Revenue

Up

$10,022

Up $9,823 (+4936%) from 2023

Expenses

Down

$14,759

Down $6,003 (-29%) from 2023

Net Income

Up

-$4,737

Up $15,826 (+77%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth19th percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$40K$30K$20K$10K$0Assets 2019: $1Liabilities 2019: $02019Assets 2020: $33,968Liabilities 2020: $02020Assets 2021: $11,443Liabilities 2021: $0Net Assets 2021: $11,4432021Assets 2022: $28,787Liabilities 2022: $0Net Assets 2022: $28,7872022Assets 2023: $8,224Liabilities 2023: $0Net Assets 2023: $8,2242023Assets 2024: $3,487Liabilities 2024: $0Net Assets 2024: $3,4872024

Highlighted filing

2024

Assets$3,487
Liabilities$0
Net Assets$3,487
Open 2024 Filing

Operations Trend

Revenue Growth99th percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

$60K$40K$20K$0-$20K-$40KRevenue 2019: $1Expenses 2019: $0Net Income 2019: $12019Revenue 2020: $55,046Expenses 2020: $21,078Net Income 2020: $33,9682020Revenue 2021: $72Expenses 2021: $22,597Net Income 2021: -$22,5252021Revenue 2022: $40,058Expenses 2022: $22,714Net Income 2022: $17,3442022Revenue 2023: $199Expenses 2023: $20,762Net Income 2023: -$20,5632023Revenue 2024: $10,022Expenses 2024: $14,759Net Income 2024: -$4,7372024

Highlighted filing

2024

Revenue$10,022
Expenses$14,759
Net Income-$4,737
Open 2024 Filing

Filings

Most recent year

2024 • Form 990PFDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$3,487
Liabilities
$0
Net assets
$3,487
Revenue
$10,022
Expenses
$14,759
Net income
-$4,737
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$3.49$0.00$3.49$10.0$14.8$4.74
2023Detailed filing. Detailed filing data is available for this year.$8.22$0.00$8.22$0.20$20.8$20.6
2022Detailed filing. Detailed filing data is available for this year.$28.8$0.00$28.8$40.1$22.7$17.3
2021Detailed filing. Detailed filing data is available for this year.$11.4$0.00$11.4$0.07$22.6$22.5
2020Summary only. Only limited summary data is available for this year.$34.0$0.00$55.0$21.1$34.0
2019Summary only. Only limited summary data is available for this year.$0.00$0.00$0.00$0.00$0.00
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Nov 18, 2025
Return Version
2024v5.2
Compensation and Service Providers
Top Officer Pay81st percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
David S KwonDir, Pres, Sec, Treas-$0--
Nancy KwonDirector-$0--
Filing and Contact Details

Filer

Filer Name
The John Kwon and Family Foundation
EIN
84-2738153
In Care Of
% Foundation Source
Phone
8008391754
Address
Foundation Source 501 Silverside Rd, Wilmington, DE 19809-1377

Signing Officer

Name
David Kwon
Title
President
Phone
8008391754
Signed
2025-11-18
Discuss with paid preparer
Yes

Preparer

Firm
Foundation Source
Address
3333 New Hyde Park Rd Ste 406, New Hyde Park, NY 11042
Preparer
Jeffrey D Haskell
Phone
8008391754
Raw XML Appendix223 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.

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IRS990ScheduleB/ContributorInformationGrp/ContributorNum01
IRS990ScheduleB/ContributorInformationGrp/ContributorPersonNm0Kwon Robert Hyukdal
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine1Txt055 Charles Street
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LiquidationExplanationStmt/ExplanationTxt0As explained below, the Foundation has no plans for dissolution. This statement is submitted to report the distribution of certain assets during the year. The distributions resulted in a substantial contraction of assets. The following information is submitted in accordance with Treasury Regulation Section 1.6043-3(a)(1) and the Form 990-PF instructions: During the taxable year ending December 31, 2024, the Foundation made distributions from assets from sources other than current income. Collectively, the distributions in excess of current income totaled $5,000. This amount represents 25% or more of the Foundation's net assets of $8,224 (as measured by fair market value) at the beginning of the Foundation's taxable year ending December 31, 2024. Although the Foundation technically experienced a substantial contraction, it will continue in existence and has no plans for dissolution. The Foundation made distributions of cash to the grantees listed in the attachment to Part XIV, Line 3a; each such grant was made solely for the charitable purpose specified therein.
OtherExpensesSchedule/OtherExpensesScheduleGrp/Desc0Administrative Fees
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ReturnHeader/BuildTS02025-03-06 01:10:19Z
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ReturnHeader/BusinessOfficerGrp/PersonNm0DAVID KWON
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum08008391754
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-11-18
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0The John Kwon and Family Foundation
ReturnHeader/Filer/BusinessNameControlTxt0JOHN
ReturnHeader/Filer/EIN0842738153
ReturnHeader/Filer/InCareOfNm0% Foundation Source
ReturnHeader/Filer/PhoneNum08008391754
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ReturnHeader/Filer/USAddress/CityNm0Wilmington
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ReturnHeader/Filer/USAddress/ZIPCd0198091377
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ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt03333 New Hyde Park Rd Ste 406
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0New Hyde Park
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd011042
ReturnHeader/PreparerPersonGrp/PhoneNum08008391754
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Jeffrey D Haskell
ReturnHeader/ReturnTs02025-11-18T13:14:23-06:00
ReturnHeader/ReturnTypeCd0990PF
ReturnHeader/TaxPeriodBeginDt02024-01-01
ReturnHeader/TaxPeriodEndDt02024-12-31
ReturnHeader/TaxYr02024

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