Liabilities / Assets
88th percentile
Higher debt load relative to assets than 88% of similar nonprofits.
Siviq Scores
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
0.18x
Liabilities / Revenue
81st percentile
Higher debt load relative to revenue than 81% of similar nonprofits.
Net Margin
11th percentile
Higher net margin than 11% of similar nonprofits.
Top Officer Pay
86th percentile
Higher top officer pay than 86% of similar nonprofits.
Top officer pay equals 8.6% of source-year revenue.
Asset Growth
6th percentile
Faster asset growth than 6% of similar nonprofits.
Revenue Growth
32nd percentile
Faster revenue growth than 32% of similar nonprofits.
Balance Sheet
Assets
Down$20,299
Down $69,662 (-77%) from 2022
Net Assets
Down$16,609
Down $51,308 (-76%) from 2022
Liabilities
Down$3,690
Down $18,354 (-83%) from 2022
Revenue And Expenses
Revenue
Down$136,568
Down $17,646 (-11%) from 2022
Expenses
Up$187,877
Up $81,179 (+76%) from 2022
Net Income
Down-$51,309
Down $98,825 (-208%) from 2022
Historical Trend
Jump To
Filing Snapshot
- Filing Period
- Jan 1, 2023 to Dec 31, 2023
- Signed
- Jul 19, 2024
- Return Version
- 2023v5.0
- Gross Receipts
- $136,568
Mission and Program Overview
Mission
The organization promotes traditional korean food around the states. It helps elevate korea's image abroad, amplify the korean wave and enhance korea's global reputation
Program Services
| Description | Grants | Expenses |
|---|---|---|
| K FOOD FESTIAVL PROJECT | - | $319 |
| INCREASE PUBLIC AWARENEWSS OF KOREAN CUISINE AND PROMOTE VARIOUS KOREAN FOODS EVENTS AS WELL AS EDUCATIONAL AND INFORMATIONAL ACTIVITIES. | - | - |
Compensation and Service Providers
Employees
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| JIMIN KIM | Member | PT | $11,700 | - | $11,700 |
| JUN HO MOON | Member | PT | $0 | - | - |
| JONG HWAN | Member | PT | $0 | - | - |
Fundraising, Events, and Gaming
Fundraising Events
| Event | Gross Receipts | Gross Revenue | Direct Expenses | Net Income |
|---|---|---|---|---|
| Fundraising Eve | $121,568 | $121,568 | - | $121,568 |
| Total Events | $121,568 | $121,568 | - | $121,568 |
Filing and Contact Details
Filer
- Filer Name
- Kcgcusa Inc
- EIN
- 85-4182590
- Phone
- 9172265213
- Address
- 310 5TH AVE 3RD FLOOR, NEW YORK, NY 10001
Signing Officer
- Name
- Jun Ho Moon
- Title
- Member
- Phone
- 9172265213
- Signed
- 2024-07-19
Preparer
- Firm
- Scj CPA
- Address
- 1 STATION PLAZA, RIDGEFIELD PARK, NJ 07660
- Preparer
- Sung W Seo
- Phone
- 2016990969
Supplemental Narrative
Additional Explanations
Form 990-ez, Part I, Line 16
“Fundraising event promotion 2,450 office expense 779 conference 1,250 catering 10,802 expenses marketing 870 office 5,786 travel 4,321 conferences/meetings 1,049 insurance 2,673 non-investment depreciation 319 total 30,299”
Form 990-ez, Part II, Line 24
“999 999 less accumulated depreciation 200 519 total 799 480”
Form 990-ez, Part II, Line 26
“Accounts payable and accrued expenses 0 1,111 unsecured notes and loans payable 22,044 2,579”
Form 990-ez, Part III
“The organization promotes traditional korean food around the states. It helps elevate korea's image abroad, amplify the korean wave and enhance korea's global reputation”
Form 990-ez, Part III, Line 31
“K FOOD FESTIAVL PROJECT”
Raw XML Appendix137 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 | JUN HO MOON |
| IRS990EZ/BooksInCareOfDetail/PhoneNum | 0 | 9172265213 |
| IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | 310 5TH AVE FL 3 |
| IRS990EZ/BooksInCareOfDetail/USAddress/CityNm | 0 | NEW YORK |
| IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | NY |
| IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 10001 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt | 0 | 89163 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt | 0 | 19819 |
| IRS990EZ/ChgMadeToOrgnzngDocNotRptInd | 0 | false |
| IRS990EZ/ContributionsGiftsGrantsEtcAmt | 0 | 15000 |
| IRS990EZ/DonorAdvisedFndsInd | 0 | false |
| IRS990EZ/EngagedInExcessBenefitTransInd | 0 | false |
| IRS990EZ/ExcessOrDeficitForYearAmt | 0 | -51309 |
| IRS990EZ/FeesAndOtherPymtToIndCntrctAmt | 0 | 125840 |
| IRS990EZ/FiledScheduleAInd | 0 | true |
| IRS990EZ/ForeignFinancialAccountInd | 0 | false |
| IRS990EZ/ForeignOfficeInd | 0 | false |
| IRS990EZ/Form1120PolFiledInd | 0 | false |
| IRS990EZ/Form990TotalAssetsGrp/BOYAmt | 0 | 89962 |
| IRS990EZ/Form990TotalAssetsGrp/EOYAmt | 0 | 20299 |
| IRS990EZ/FundraisingGrossIncomeAmt | 0 | 121568 |
| IRS990EZ/GrossReceiptsAmt | 0 | 136568 |
| IRS990EZ/InfoInScheduleOPartIIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIVInd | 0 | X |
| IRS990EZ/LobbyingActivitiesInd | 0 | false |
| IRS990EZ/MadeLoansToFromOfficersInd | 0 | false |
| IRS990EZ/MethodOfAccountingAccrualInd | 0 | X |
| IRS990EZ/NetAssetsOrFundBalancesBOYAmt | 0 | 67918 |
| IRS990EZ/NetAssetsOrFundBalancesEOYAmt | 0 | 16609 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt | 0 | 67918 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt | 0 | 16609 |
| IRS990EZ/OccupancyRentUtltsAndMaintAmt | 0 | 13552 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 0 | 10.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 1 | 10.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 2 | 10.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 1 | 11700 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 0 | JUN HO MOON |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 1 | JIMIN KIM |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 2 | JONG HWAN |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 0 | MEMBER |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 1 | MEMBER |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 2 | MEMBER |
| IRS990EZ/OperateHospitalInd | 0 | false |
| IRS990EZ/Organization501c3Ind | 0 | X |
| IRS990EZ/OrganizationDissolvedEtcInd | 0 | false |
| IRS990EZ/OrganizationHadUBIInd | 0 | false |
| IRS990EZ/OtherAssetsTotalDetail/BOYAmt | 0 | 799 |
| IRS990EZ/OtherAssetsTotalDetail/EOYAmt | 0 | 480 |
| IRS990EZ/OtherExpensesTotalAmt | 0 | 30299 |
| IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt | 0 | NONE |
| IRS990EZ/PartVIOfCompOfHghstPdEmplTxt | 0 | NONE |
| IRS990EZ/PoliticalCampaignActyInd | 0 | false |
| IRS990EZ/PrimaryExemptPurposeTxt | 0 | THE ORGANIZATION PROMOTES TRADITIONAL KOREAN FOOD AROUND THE STATES. IT HELPS ELEVATE KOREA'S IMAGE ABROAD, AMPLIFY THE KOREAN WAVE AND ENHANCE KOREA'S GLOBAL REPUTATION |
| IRS990EZ/PrintingPublicationsPostageAmt | 0 | 5104 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 0 | INCREASE PUBLIC AWARENEWSS OF KOREAN CUISINE AND PROMOTE VARIOUS KOREAN FOODS EVENTS AS WELL AS EDUCATIONAL AND INFORMATIONAL ACTIVITIES. |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 1 | K FOOD FESTIAVL PROJECT |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt | 0 | 319 |
| IRS990EZ/ProhibitedTaxShelterTransInd | 0 | false |
| IRS990EZ/RelatedOrganizationCtrlEntInd | 0 | false |
| IRS990EZ/SalariesOtherCompEmplBnftAmt | 0 | 13082 |
| IRS990EZ/ScheduleBNotRequiredInd | 0 | X |
| IRS990EZ/SchoolOperatingInd | 0 | false |
| IRS990EZ/SpecialEventsNetIncomeLossAmt | 0 | 121568 |
| IRS990EZ/StatesWhereCopyOfReturnIsFldCd | 0 | NY |
| IRS990EZ/SubjectToProxyTaxInd | 0 | false |
| IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt | 0 | 22044 |
| IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt | 0 | 3690 |
| IRS990EZ/TanningServicesProvidedInd | 0 | false |
| IRS990EZ/TotalExpensesAmt | 0 | 187877 |
| IRS990EZ/TotalProgramServiceExpensesAmt | 0 | 319 |
| IRS990EZ/TotalRevenueAmt | 0 | 136568 |
| IRS990EZ/TransactionWithControlEntInd | 0 | false |
| IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd | 0 | false |
| IRS990EZ/TypeOfOrganizationCorpInd | 0 | X |
| IRS990EZ/WebsiteAddressTxt | 0 | N/A |
| IRS990ScheduleA/CommunityTrustInd | 0 | X |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt | 0 | 15000 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt | 0 | 11000 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt | 0 | 26000 |
| IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt | 0 | 264782 |
| IRS990ScheduleA/PublicSupportCY170Pct | 0 | 1.00000 |
| IRS990ScheduleA/PublicSupportPY170Pct | 0 | 1.00000 |
| IRS990ScheduleA/PublicSupportTotal170Amt | 0 | 26000 |
| IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind | 0 | X |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt | 0 | 15000 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt | 0 | 11000 |
| IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt | 0 | 26000 |
| IRS990ScheduleA/TotalSupportAmt | 0 | 26000 |
| IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm | 0 | FUNDRAISING EVE |
| IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt | 0 | 121568 |
| IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt | 0 | 121568 |
| IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt | 0 | 121568 |
| IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt | 0 | 121568 |
| IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt | 0 | 121568 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | FUNDRAISING EVENT PROMOTION 2,450 OFFICE EXPENSE 779 CONFERENCE 1,250 CATERING 10,802 EXPENSES MARKETING 870 OFFICE 5,786 TRAVEL 4,321 CONFERENCES/MEETINGS 1,049 INSURANCE 2,673 NON-INVESTMENT DEPRECIATION 319 TOTAL 30,299 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | 999 999 LESS ACCUMULATED DEPRECIATION 200 519 TOTAL 799 480 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | ACCOUNTS PAYABLE AND ACCRUED EXPENSES 0 1,111 UNSECURED NOTES AND LOANS PAYABLE 22,044 2,579 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | THE ORGANIZATION PROMOTES TRADITIONAL KOREAN FOOD AROUND THE STATES. IT HELPS ELEVATE KOREA'S IMAGE ABROAD, AMPLIFY THE KOREAN WAVE AND ENHANCE KOREA'S GLOBAL REPUTATION |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 4 | K FOOD FESTIAVL PROJECT |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | FORM 990-EZ, PART I, LINE 16 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | FORM 990-EZ, PART II, LINE 24 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | FORM 990-EZ, PART II, LINE 26 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | FORM 990-EZ, PART III |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 4 | FORM 990-EZ, PART III, LINE 31 |
| ReturnHeader/BuildTS | 0 | 2024-10-15 13:58:12Z |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | JUN HO MOON |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | MEMBER |
| ReturnHeader/BusinessOfficerGrp/PhoneNum | 0 | 9172265213 |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2024-07-19 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt | 0 | KCGCUSA INC |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | KCGC |
| ReturnHeader/Filer/EIN | 0 | 854182590 |
| ReturnHeader/Filer/PhoneNum | 0 | 9172265213 |
| ReturnHeader/Filer/USAddress/AddressLine1Txt | 0 | 310 5TH AVE 3RD FLOOR |
| ReturnHeader/Filer/USAddress/CityNm | 0 | NEW YORK |
| ReturnHeader/Filer/USAddress/StateAbbreviationCd | 0 | NY |
| ReturnHeader/Filer/USAddress/ZIPCd | 0 | 10001 |
| ReturnHeader/IRSResponsiblePrtyInfoCurrInd | 0 | false |
| ReturnHeader/PreparerFirmGrp/PreparerFirmEIN | 0 | 871396068 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt | 0 | SCJ CPA |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt | 0 | 1 STATION PLAZA |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm | 0 | RIDGEFIELD PARK |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd | 0 | NJ |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd | 0 | 07660 |
| ReturnHeader/PreparerPersonGrp/PhoneNum | 0 | 2016990969 |
| ReturnHeader/PreparerPersonGrp/PreparationDt | 0 | 2024-08-05 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | SUNG W SEO |
| ReturnHeader/ReturnTs | 0 | 2024-10-17T10:00:38-04:00 |
| 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
- $20,299
- Liabilities
- $3,690
- Net assets
- $16,609
- Revenue
- $136,568
- Expenses
- $187,877
- Net income
- -$51,309