Civic Intelligence

The Korean Cleaners Association of New York Inc

EIN 85-0749081 • 501(c)6 • Brooklyn, NY

990-N Coverage

Profile

Kcany disseminates important information regarding dry-cleaning industry- related government regulations and changes in market trends. Kcany provides useful information for its members to execute their daily business activities through a well-established online presence as well as social media service platforms. Kcany educates members on environmental compliance and holds seminars for regulation compliance.

1332 Nostrand AvenueBrooklyn, NY 11226

kcany.org

Siviq Scores

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

Liabilities / Assets

49th percentile

0.00x

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

501(c)6 • <$500k nonprofits • Source year 2022

Liabilities / Revenue

51st percentile

0.00x

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

501(c)6 • <$500k nonprofits • Source year 2022

Net Margin

12th percentile

-49%

Higher net margin than 12% of similar nonprofits.

501(c)6 • <$500k nonprofits • Source year 2022

Top Officer Pay

77th percentile

$0

Higher top officer pay than 77% of similar nonprofits.

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

501(c)6 • <$500k nonprofits • Source year 2022

Asset Growth

14th percentile

-52%

Faster asset growth than 14% of similar nonprofits.

501(c)6 • <$500k nonprofits • Annualized from 2021 to 2022

Revenue Growth

10th percentile

-57%

Faster revenue growth than 10% of similar nonprofits.

501(c)6 • <$500k nonprofits • Annualized from 2021 to 2022

Balance Sheet
Liabilities / Assets49th percentile

Assets

Down

$5,834

Down $6,393 (-52%) from 2021

Liabilities

Flat

$0

Flat from 2021

Net Assets

Down

$5,834

Down $6,393 (-52%) from 2021

Operations
Liabilities / Revenue51st percentileNet Margin12th percentile

Revenue

Down

$12,957

Down $16,889 (-57%) from 2021

Expenses

Down

$19,350

Down $8,386 (-30%) from 2021

Net Income

Down

-$6,393

Down $8,503 (-403%) from 2021

Trend Graphs

Balance Sheet Trend

Asset Growth14th percentile

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

$15K$10K$5.0K$0Assets 2020: $10,117Liabilities 2020: $0Net Assets 2020: $10,1172020Assets 2021: $12,227Liabilities 2021: $0Net Assets 2021: $12,2272021Assets 2022: $5,834Liabilities 2022: $0Net Assets 2022: $5,8342022

Highlighted filing

2022

Assets$5,834
Liabilities$0
Net Assets$5,834
Open 2022 Filing

Operations Trend

Revenue Growth10th percentile

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

$30K$20K$10K$0-$10KRevenue 2020: $15,722Expenses 2020: $5,605Net Income 2020: $10,1172020Revenue 2021: $29,846Expenses 2021: $27,736Net Income 2021: $2,1102021Revenue 2022: $12,957Expenses 2022: $19,350Net Income 2022: -$6,3932022

Highlighted filing

2022

Revenue$12,957
Expenses$19,350
Net Income-$6,393
Open 2022 Filing

Filings

Most recent year

2022 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$5,834
Liabilities
$0
Net assets
$5,834
Revenue
$12,957
Expenses
$19,350
Net income
-$6,393
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2022Detailed filing. Detailed filing data is available for this year.$5.83$0.00$5.83$13.0$19.4$6.39
2021Detailed filing. Detailed filing data is available for this year.$12.2$0.00$12.2$29.8$27.7$2.11
2020Detailed filing. Detailed filing data is available for this year.$10.1$0.00$10.1$15.7$5.61$10.1
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
Sep 26, 2023
Return Version
2022v5.0
Gross Receipts
$12,957
Mission and Program Overview

Mission

Kcany disseminates important information regarding dry-cleaning industry- related government regulations and changes in market trends. Kcany provides useful information for its members to execute their daily business activities through a well-established online presence as well as social media service platforms. Kcany educates members on environmental compliance and holds seminars for regulation compliance.

Program Services

DescriptionGrantsExpenses
KCANY DISSEMINATES IMPORTANT INFORMATION REGARDING DRY-CLEANING INDUSTRY- RELATED GOVERNMENT REGULATIONS AND CHANGES IN MARKET TRENDS. KCANY PROVIDES USEFUL INFORMATION FOR ITS MEMBERS TO EXECUTE THEIR DAILY BUSINESS ACTIVITIES THROUGH A WELL-ESTABLISHED ONLINE PRESENCE AS WELL AS SOCIAL MEDIA SERVICE PLATFORMS. KCANY EDUCATES MEMBERS ON ENVIRONMENTAL COMPLIANCE AND HOLDS SEMINARS FOR REGULATION COMPLIANCE.--
Compensation and Service Providers
Top Officer Pay77th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
SOON GYU KIMDirector-$0--
SEUNG SOON PARKDirector-$0--
KYOUNG SCIK LIMDirector-$0--
Filing and Contact Details

Filer

Filer Name
The Korean Cleaners Asso of Ny Inc
EIN
85-0749081
Phone
6469192486
Address
1332 NOSTRAND AVENUE, BROOKLYN, NY 11226

Signing Officer

Name
Soon Gyu Kim
Title
Director
Phone
6469192486
Signed
2023-09-26

Preparer

Firm
Ny Nj Tax Group Inc
Address
460 BERGEN BLVD STE 260, PALISADES PARK, NJ 07650-2357
Preparer
Joseph Kwangsun Choi
Phone
2013460440
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 16

“Expenses advertising and promotion 848 office 1,140 conferences/meetings 12,242 total 14,230”

Form 990-ez, Part III

“Kcany disseminates important information regarding dry-cleaning industry- related government regulations and changes in market trends. Kcany provides useful information for its members to execute their daily business activities through a well-established online presence as well as social media service platforms. Kcany educates members on environmental compliance and holds seminars for regulation compliance.”

Form 990-ez, Part III, Line 28

“Kcany disseminates important information regarding dry-cleaning industry- related government regulations and changes in market trends. Kcany provides useful information for its members to execute their daily business activities through a well-established online presence as well as social media service platforms. Kcany educates members on environmental compliance and holds seminars for regulation compliance.”

Raw XML Appendix97 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/ActivitiesNotPreviouslyRptInd0false
IRS990EZ/AddressChangeInd0X
IRS990EZ/BooksInCareOfDetail/PersonNm0SOON GYU KIM
IRS990EZ/BooksInCareOfDetail/PhoneNum06469192486
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt043-29 165TH ST 3RD FL
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0FLUSHING
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0NY
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd011358
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt012227
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt05834
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/ContributionsGiftsGrantsEtcAmt012957
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/ExcessOrDeficitForYearAmt0-6393
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt02200
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt012227
IRS990EZ/Form990TotalAssetsGrp/EOYAmt05834
IRS990EZ/GrossReceiptsAmt012957
IRS990EZ/InfoInScheduleOPartIIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt012227
IRS990EZ/NetAssetsOrFundBalancesEOYAmt05834
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt012227
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt05834
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt0000.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt1000.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt2000.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0SOON GYU KIM
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1SEUNG SOON PARK
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2KYOUNG SCIK LIM
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2DIRECTOR
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501cInd0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherExpensesTotalAmt014230
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0KCANY DISSEMINATES IMPORTANT INFORMATION REGARDING DRY-CLEANING INDUSTRY- RELATED GOVERNMENT REGULATIONS AND CHANGES IN MARKET TRENDS. KCANY PROVIDES USEFUL INFORMATION FOR ITS MEMBERS TO EXECUTE THEIR DAILY BUSINESS ACTIVITIES THROUGH A WELL-ESTABLISHED ONLINE PRESENCE AS WELL AS SOCIAL MEDIA SERVICE PLATFORMS. KCANY EDUCATES MEMBERS ON ENVIRONMENTAL COMPLIANCE AND HOLDS SEMINARS FOR REGULATION COMPLIANCE.
IRS990EZ/PrintingPublicationsPostageAmt02920
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0KCANY DISSEMINATES IMPORTANT INFORMATION REGARDING DRY-CLEANING INDUSTRY- RELATED GOVERNMENT REGULATIONS AND CHANGES IN MARKET TRENDS. KCANY PROVIDES USEFUL INFORMATION FOR ITS MEMBERS TO EXECUTE THEIR DAILY BUSINESS ACTIVITIES THROUGH A WELL-ESTABLISHED ONLINE PRESENCE AS WELL AS SOCIAL MEDIA SERVICE PLATFORMS. KCANY EDUCATES MEMBERS ON ENVIRONMENTAL COMPLIANCE AND HOLDS SEMINARS FOR REGULATION COMPLIANCE.
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/StatesWhereCopyOfReturnIsFldCd0NY
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt019350
IRS990EZ/TotalRevenueAmt012957
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0KCANY.ORG
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0EXPENSES ADVERTISING AND PROMOTION 848 OFFICE 1,140 CONFERENCES/MEETINGS 12,242 TOTAL 14,230
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1KCANY DISSEMINATES IMPORTANT INFORMATION REGARDING DRY-CLEANING INDUSTRY- RELATED GOVERNMENT REGULATIONS AND CHANGES IN MARKET TRENDS. KCANY PROVIDES USEFUL INFORMATION FOR ITS MEMBERS TO EXECUTE THEIR DAILY BUSINESS ACTIVITIES THROUGH A WELL-ESTABLISHED ONLINE PRESENCE AS WELL AS SOCIAL MEDIA SERVICE PLATFORMS. KCANY EDUCATES MEMBERS ON ENVIRONMENTAL COMPLIANCE AND HOLDS SEMINARS FOR REGULATION COMPLIANCE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2KCANY DISSEMINATES IMPORTANT INFORMATION REGARDING DRY-CLEANING INDUSTRY- RELATED GOVERNMENT REGULATIONS AND CHANGES IN MARKET TRENDS. KCANY PROVIDES USEFUL INFORMATION FOR ITS MEMBERS TO EXECUTE THEIR DAILY BUSINESS ACTIVITIES THROUGH A WELL-ESTABLISHED ONLINE PRESENCE AS WELL AS SOCIAL MEDIA SERVICE PLATFORMS. KCANY EDUCATES MEMBERS ON ENVIRONMENTAL COMPLIANCE AND HOLDS SEMINARS FOR REGULATION COMPLIANCE.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART III
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART III, LINE 28
ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/PersonNm0SOON GYU KIM
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0DIRECTOR
ReturnHeader/BusinessOfficerGrp/PhoneNum06469192486
ReturnHeader/BusinessOfficerGrp/SignatureDt02023-09-26
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0THE KOREAN CLEANERS ASSO OF NY INC
ReturnHeader/Filer/BusinessNameControlTxt0KORE
ReturnHeader/Filer/EIN0850749081
ReturnHeader/Filer/PhoneNum06469192486
ReturnHeader/Filer/USAddress/AddressLine1Txt01332 NOSTRAND AVENUE
ReturnHeader/Filer/USAddress/CityNm0BROOKLYN
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NY
ReturnHeader/Filer/USAddress/ZIPCd011226
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0false
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0882995913
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0NY NJ TAX GROUP INC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0460 BERGEN BLVD STE 260
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0PALISADES PARK
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NJ
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0076502357
ReturnHeader/PreparerPersonGrp/PhoneNum02013460440
ReturnHeader/PreparerPersonGrp/PreparationDt02023-10-06
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0JOSEPH KWANGSUN CHOI
ReturnHeader/ReturnTs02023-10-06T09:34:53-04:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0SOON GYU
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0KIM
ReturnHeader/TaxPeriodBeginDt02022-01-01
ReturnHeader/TaxPeriodEndDt02022-12-31
ReturnHeader/TaxYr02022

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