Civic Intelligence

The Korean American Construction

EIN 84-4679471 • 501(c)3 • Flushing, NY

Profile

To organize and provide community service to those in need within the korean american communities and to provide training programs to the general public regarding occupational safety and health admistration and site safety traning.

163-07 Depot Rd Ste 207Flushing, NY 11358

n/A

Siviq Scores

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

Liabilities / Assets

80th percentile

0.08x

Higher debt load relative to assets than 80% of similar nonprofits.

NTEE P99 • <$500k nonprofits • Source year 2021

Liabilities / Revenue

75th percentile

0.01x

Higher debt load relative to revenue than 75% of similar nonprofits.

NTEE P99 • <$500k nonprofits • Source year 2021

Net Margin

12th percentile

-33%

Higher net margin than 12% of similar nonprofits.

NTEE P99 • <$500k nonprofits • Source year 2021

Top Officer Pay

89th percentile

$0

Higher top officer pay than 89% of similar nonprofits.

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

NTEE P99 • <$500k nonprofits • Source year 2021

Asset Growth

12th percentile

-75%

Faster asset growth than 12% of similar nonprofits.

NTEE P99 • <$500k nonprofits • Annualized from 2020 to 2021

Revenue Growth

76th percentile

52%

Faster revenue growth than 76% of similar nonprofits.

NTEE P99 • <$500k nonprofits • Annualized from 2020 to 2021

Balance Sheet
Liabilities / Assets80th percentile

Assets

Down

$8,012

Down $24,240 (-75%) from 2020

Liabilities

Up

$678

Up $59 (+9.5%) from 2020

Net Assets

Down

$7,334

Down $24,299 (-77%) from 2020

Operations
Liabilities / Revenue75th percentileNet Margin12th percentile

Revenue

Up

$73,822

Up $25,185 (+52%) from 2020

Expenses

Up

$98,121

Up $81,117 (+477%) from 2020

Net Income

Down

-$24,299

Down $55,932 (-177%) from 2020

Trend Graphs

Balance Sheet Trend

Asset Growth12th percentile

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

$40K$30K$20K$10K$0Assets 2020: $32,252Liabilities 2020: $619Net Assets 2020: $31,6332020Assets 2021: $8,012Liabilities 2021: $678Net Assets 2021: $7,3342021

Highlighted filing

2021

Assets$8,012
Liabilities$678
Net Assets$7,334
Open 2021 Filing

Operations Trend

Revenue Growth76th percentile

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

$100K$50K$0-$50KRevenue 2020: $48,637Expenses 2020: $17,004Net Income 2020: $31,6332020Revenue 2021: $73,822Expenses 2021: $98,121Net Income 2021: -$24,2992021

Highlighted filing

2021

Revenue$73,822
Expenses$98,121
Net Income-$24,299
Open 2021 Filing

Filings

Most recent year

2021 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$8,012
Liabilities
$678
Net assets
$7,334
Revenue
$73,822
Expenses
$98,121
Net income
-$24,299
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2021Detailed filing. Detailed filing data is available for this year.$8.01$0.68$7.33$73.8$98.1$24.3
2020Detailed filing. Detailed filing data is available for this year.$32.3$0.62$31.6$48.6$17.0$31.6
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2021 to Dec 31, 2021
Signed
Sep 21, 2022
Return Version
2021v4.0
Gross Receipts
$73,822
Mission and Program Overview

Mission

To organize and provide community service to those in need within the korean american communities and to provide training programs to the general public regarding occupational safety and health admistration and site safety traning.

Program Services

DescriptionGrantsExpenses
SAFETY TRAINING EDUCATION-$31,139
Compensation and Service Providers
Top Officer Pay89th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
YOUNG GYO SEOPresident-$0--
YOUNGSAM YUV-P-$0--
JINMOK KIMTreasurer-$0--
Filing and Contact Details

Filer

Filer Name
The Korean American Construction
EIN
84-4679471
Phone
7184452328
Address
163-07 DEPOT RD STE 207, FLUSHING, NY 11358

Signing Officer

Name
Young Gyo Seo
Title
President
Phone
7184452328
Signed
2022-09-21

Preparer

Firm
Taik Sik Jeong CPA Pc
Address
159-15 NORTHERN BLVD 111, FLUSHING, NY 11358
Preparer
Taik Sik Jeong CPA
Phone
7184452797
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 16

“Expenses advertising and promotion 4,350 office 6,680 insurance 490 safety training education 31,139 year-end galla 17,300 contribution 4,750 total 64,709”

Form 990-ez, Part II, Line 26

“Payroll tax payable 619 678”

Form 990-ez, Part III

“To organize and provide community service to those in need within the korean american communities and to provide training programs to the general public regarding occupational safety and health admistration and site safety traning.”

Raw XML Appendix124 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
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IRS990EZ/BooksInCareOfDetail/PersonNm0YOUNG GYO SEO
IRS990EZ/BooksInCareOfDetail/PhoneNum07184452328
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt0119-14 14TH RD
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0COLLEGE POINT
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0NY
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd011356
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt032252
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt08012
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/ContributionsGiftsGrantsEtcAmt073822
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IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt0-24299
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IRS990EZ/NetAssetsOrFundBalancesBOYAmt031633
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IRS990EZ/PrimaryExemptPurposeTxt0TO ORGANIZE AND PROVIDE COMMUNITY SERVICE TO THOSE IN NEED WITHIN THE KOREAN AMERICAN COMMUNITIES AND TO PROVIDE TRAINING PROGRAMS TO THE GENERAL PUBLIC REGARDING OCCUPATIONAL SAFETY AND HEALTH ADMISTRATION AND SITE SAFETY TRANING.
IRS990EZ/PrintingPublicationsPostageAmt0310
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IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt031139
IRS990EZ/ProhibitedTaxShelterTransInd0false
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IRS990EZ/SalariesOtherCompEmplBnftAmt014219
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IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt0678
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IRS990EZ/TotalExpensesAmt098121
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IRS990EZ/TotalRevenueAmt073822
IRS990EZ/TransactionWithControlEntInd0false
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IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt073822
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt048637
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IRS990ScheduleA/InvestmentIncomePYPct00.00000
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IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt048637
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0122459
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0EXPENSES ADVERTISING AND PROMOTION 4,350 OFFICE 6,680 INSURANCE 490 SAFETY TRAINING EDUCATION 31,139 YEAR-END GALLA 17,300 CONTRIBUTION 4,750 TOTAL 64,709
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1PAYROLL TAX PAYABLE 619 678
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2TO ORGANIZE AND PROVIDE COMMUNITY SERVICE TO THOSE IN NEED WITHIN THE KOREAN AMERICAN COMMUNITIES AND TO PROVIDE TRAINING PROGRAMS TO THE GENERAL PUBLIC REGARDING OCCUPATIONAL SAFETY AND HEALTH ADMISTRATION AND SITE SAFETY TRANING.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART II, LINE 26
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART III
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/PersonNm0YOUNG GYO SEO
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum07184452328
ReturnHeader/BusinessOfficerGrp/SignatureDt02022-09-21
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0THE KOREAN AMERICAN CONSTRUCTION
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0ASSOCIATION INC
ReturnHeader/Filer/BusinessNameControlTxt0KORE
ReturnHeader/Filer/EIN0844679471
ReturnHeader/Filer/PhoneNum07184452328
ReturnHeader/Filer/USAddress/AddressLine1Txt0163-07 DEPOT RD STE 207
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ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0204089822
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0TAIK SIK JEONG CPA PC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0159-15 NORTHERN BLVD 111
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0FLUSHING
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd011358
ReturnHeader/PreparerPersonGrp/PhoneNum07184452797
ReturnHeader/PreparerPersonGrp/PreparationDt02022-10-03
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0TAIK SIK JEONG CPA
ReturnHeader/ReturnTs02022-10-11T08:33:37-04:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0YOUNG GYO
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0SEO
ReturnHeader/TaxPeriodBeginDt02021-01-01
ReturnHeader/TaxPeriodEndDt02021-12-31
ReturnHeader/TaxYr02021

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