Civic Intelligence

Okta New Jersey Inc

EIN 85-4267224 • 501(c)6 • Fort Lee, NJ

Profile

Mission of the organization is to help support the interests and benefits of members in harmony with the growth of the community, coordinate and liaise business inquires and demands from companies in korea in desire of setting up a foothold or exploring market in the us and lead and nurture young business leaders to be able to grow and flourish over the long run.

210 Whiteman St Ste 103Fort Lee, NJ 07024

www.oktanj.org

Siviq Scores

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

Liabilities / Assets

73rd percentile

0.09x

Higher debt load relative to assets than 73% of similar nonprofits.

501(c)6 • <$500k nonprofits • Source year 2024

Liabilities / Revenue

59th percentile

0.01x

Higher debt load relative to revenue than 59% of similar nonprofits.

501(c)6 • <$500k nonprofits • Source year 2024

Net Margin

55th percentile

3.1%

Higher net margin than 55% of similar nonprofits.

501(c)6 • <$500k nonprofits • Source year 2024

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

82nd percentile

22%

Faster asset growth than 82% of similar nonprofits.

501(c)6 • <$500k nonprofits • Annualized from 2022 to 2024

Revenue Growth

87th percentile

40%

Faster revenue growth than 87% of similar nonprofits.

501(c)6 • <$500k nonprofits • Annualized from 2022 to 2024

Balance Sheet
Liabilities / Assets73rd percentile

Assets

Up

$23,516

Up $4,444 (+23%) from 2023

Liabilities

Down

$2,000

Down $1,500 (-43%) from 2023

Net Assets

Up

$21,516

Up $5,944 (+38%) from 2023

Operations
Liabilities / Revenue59th percentileNet Margin55th percentile

Revenue

Up

$191,998

Up $112,947 (+143%) from 2023

Expenses

Up

$186,054

Up $110,251 (+145%) from 2023

Net Income

Up

$5,944

Up $2,696 (+83%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth82nd percentile

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

$30K$20K$10K$0Assets 2022: $15,824Liabilities 2022: $3,500Net Assets 2022: $12,3242022Assets 2023: $19,072Liabilities 2023: $3,500Net Assets 2023: $15,5722023Assets 2024: $23,516Liabilities 2024: $2,000Net Assets 2024: $21,5162024

Highlighted filing

2024

Assets$23,516
Liabilities$2,000
Net Assets$21,516
Open 2024 Filing

Operations Trend

Revenue Growth87th percentile

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

$200K$150K$100K$50K$0Revenue 2022: $97,383Expenses 2022: $91,888Net Income 2022: $5,4952022Revenue 2023: $79,051Expenses 2023: $75,803Net Income 2023: $3,2482023Revenue 2024: $191,998Expenses 2024: $186,054Net Income 2024: $5,9442024

Highlighted filing

2024

Revenue$191,998
Expenses$186,054
Net Income$5,944
Open 2024 Filing

Filings

Most recent year

2024 • Form 990Facts available. Structured filing facts are available, but richer extracted sections are limited.

Open filing
Assets
$23,516
Liabilities
$2,000
Net assets
$21,516
Revenue
$191,998
Expenses
$186,054
Net income
$5,944
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.24$0.02$0.22$1.92$1.86$0.06
2023Detailed filing. Detailed filing data is available for this year.$0.19$0.04$0.16$0.79$0.76$0.03
2022Detailed filing. Detailed filing data is available for this year.$0.16$0.04$0.12$0.97$0.92$0.05
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Nov 14, 2025
Return Version
2024v5.0
Gross Receipts
$191,998
Mission and Program Overview

Mission

Mission of the organization is to help support the interests and benefits of members in harmony with the growth of the community, coordinate and liaise business inquires and demands from companies in korea in desire of setting up a foothold or exploring market in the us and lead and nurture young business leaders to be able to grow and flourish over the long run.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$18,572$23,516▲ $4,944
Accounts Receivable$500--
Total Assets$19,072$23,516▲ $4,444
Liabilities
Other Liabilities$3,500$2,000▼ $1,500
Total Liabilities$3,500$2,000▼ $1,500
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$15,572$21,516▲ $5,944
Total Net Assets Fund Balance$15,572$21,516▲ $5,944
Total Liabilities and Net Assets / Fund Balance$19,072$23,516▲ $4,444
Compensation and Service Providers
Top Officer PayScore unavailable

Board Members and Trustees

NameTitle
Sunyung HwangChairman
Matthew H SonFormer Chair
Vivian LeeVice Preside
Revenue and Support

Revenue Composition

Contributions and Grants
$191,998
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$0
All Other Contributions
$152,598
Change in Net Assets
$5,944
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$186,054
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Conferences and Meetings-$36,278-$36,278
Advertising-$2,917-$2,917
All Other Expenses-$1,250-$1,250
Other Expenses$124,330$854-$854
Office Expenses-$332-$332
Total Functional Expenses$124,330$61,724$0$186,054
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Unearned Revenue$2,000
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Backup withholding compliance
No
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 11B

“No review was or will be conducted.”

Form 990, Page 6, Part VI, Line 19

“No documents available to the public”

Filing and Contact Details

Filer

Filer Name
Okta New Jersey Inc
EIN
85-4267224
Phone
2019477770
Address
210 WHITEMAN ST STE 103, FORT LEE, NJ 07024

Signing Officer

Name
Sunyung Hwang
Title
Chairman
Phone
2019477770
Signed
2025-11-14

Organization Details

Principal Officer
Sunyung Hwang
Formed
2020
Voting Board Members
3
Independent Board Members
3
Employees
0

Preparer

Firm
Hjk Cpas Pc
Address
111 GRAND AVE STE 204, PALISADES PARK, NJ 07650-1036
Preparer
Hyo-jung Kim CPA
Phone
2018495314
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

“Mission of the organization is to help support the interests and benefits of members in harmony with the growth of the community, coordinate and liaise business inquires and demands from companies in korea in desire of setting up a foothold or exploring market in the us and lead and nurture young business leaders to be able to grow and flourish over the long run.”

Raw XML Appendix236 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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IRS990/Form990ProvidedToGvrnBodyInd0false
IRS990/FormationYr02020
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ReturnHeader/BuildTS02025-03-06 01:10:19Z
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