Civic Intelligence

Socal K-Group Inc.

990EZ • Fiscal year 2022 • EIN 86-3679654

Jan 01, 2022 to Dec 31, 2022 • Filed on Aug 29, 2023

Organization ProfileN/A
3435 Wilshire Blvd Ste 2090Los Angeles, CA 90010

(310) 384-8445

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

63rd percentile

0.00x

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

2022 filings • NTEE W • <$500k nonprofits • Source year 2022

Liabilities / Revenue

63rd percentile

0.00x

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

2022 filings • NTEE W • <$500k nonprofits • Source year 2022

Net Margin

60th percentile

20%

Higher net margin than 60% of similar nonprofits.

2022 filings • NTEE W • <$500k nonprofits • Source year 2022

Top Officer Pay

87th percentile

$0

Higher top officer pay than 87% of similar nonprofits.

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

2022 filings • NTEE W • <$500k nonprofits • Source year 2022

Asset Growth

86th percentile

77%

Faster asset growth than 86% of similar nonprofits.

2022 filings • NTEE W • <$500k nonprofits • Annualized from 2021 to 2022

Revenue Growth

69th percentile

44%

Faster revenue growth than 69% of similar nonprofits.

2022 filings • NTEE W • <$500k nonprofits • Annualized from 2021 to 2022

Balance Sheet
Liabilities / Assets63rd percentile

Assets

Up

$10,075

Up $4,368 (+77%) from 2021

Net Assets

Up

$10,075

Up $4,858 (+93%) from 2021

Liabilities

Down

$0

Down $490 (-100%) from 2021

Revenue And Expenses
Liabilities / Revenue63rd percentileNet Margin60th percentile

Revenue

Up

$24,019

Up $7,304 (+44%) from 2021

Expenses

Up

$19,161

Up $7,663 (+67%) from 2021

Net Income

Down

$4,858

Down $359 (-6.9%) from 2021

Historical Trend

Balance Sheet Trend

Asset Growth86th percentile

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$30K$20K$10K$0Assets 2021: $5,707Liabilities 2021: $490Net Assets 2021: $5,2172021Assets 2022: $10,075Liabilities 2022: $0Net Assets 2022: $10,0752022Assets 2023: $22,292Net Assets 2023: $22,2922023Assets 2024: $16,508Net Assets 2024: $16,5082024

Highlighted filing

2022

Assets$10,075
Liabilities$0
Net Assets$10,075
Open 2022 Filing

Operations Trend

Revenue Growth69th percentile

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$40K$30K$20K$10K$0-$10KRevenue 2021: $16,715Expenses 2021: $11,498Net Income 2021: $5,2172021Revenue 2022: $24,019Expenses 2022: $19,161Net Income 2022: $4,8582022Revenue 2023: $30,066Expenses 2023: $17,849Net Income 2023: $12,2172023Revenue 2024: $14,833Expenses 2024: $20,617Net Income 2024: -$5,7842024

Highlighted filing

2022

Revenue$24,019
Expenses$19,161
Net Income$4,858
Open 2022 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
Aug 29, 2023
Return Version
2022v5.0
Gross Receipts
$24,019
Mission and Program Overview

Mission

Serving the Korean community to provide education and mentorship

Program Services

DescriptionGrantsExpenses
Events to provide networking among mentors and menteesserving 150 participants.$0$6,131
Conference for education of industry vision &career development serving 102 participants.$0$3,231
Education services for career & business developmentserving 545 audiences.$0$1,900
Compensation and Service Providers
Top Officer Pay87th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Hyung KimPresidentPT$0--
Jangwon KimSecretary-$0--
Eunbi ChoTreasurer-$0--
Jonghwan LeeVice President-$0--
Dong Yun LeeDirector-$0--
Filing and Contact Details

Filer

Filer Name
Socal K-group Inc
EIN
86-3679654
Phone
3103848445
Address
3435 WILSHIRE BLVD STE 2090, LOS ANGELES, CA 90010

Signing Officer

Name
Jangwon Kim
Title
Secretary
Phone
3103848445
Signed
2023-08-29
Discuss with paid preparer
Yes

Preparer

Firm
Kyung S Kim CPA
Address
20657 Golden Springs Dr Unit 208, Diamond Bar, CA 91789
Preparer
Kyung S Kim
Phone
9093457116
Supplemental Narrative

Additional Explanations

Form 990EZ, Part I, Line 16

“Advertising & promotion 880.”

Form 990EZ, Part I, Line 16

“LICENSE & TAXES 50.”

Form 990EZ, Part I, Line 16

“MEETING 2840.”

Form 990EZ, Part I, Line 16

“OFFICE EXPENSE 161.”

Form 990EZ, Part I, Line 16

“PROGRAM SERVICES 14103.”

Form 990EZ, Part I, Line 16

“SUNDRY 27.”

Form 990EZ, Part II, Line 26

“Credit card payable 490. 0.”

Raw XML Appendix180 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/BooksInCareOfDetail/PersonNm0Jangwon Kim
IRS990EZ/BooksInCareOfDetail/PhoneNum02137037883
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt03571 Helms Ave
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0Culver City
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0CA
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd090232
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt05707
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt010075
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/ContributionsGiftsGrantsEtcAmt024019
IRS990EZ/CostOfGoodsSoldAmt00
IRS990EZ/CostOrOtherBasisExpenseSaleAmt00
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt04858
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt01100
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt05707
IRS990EZ/Form990TotalAssetsGrp/EOYAmt010075
IRS990EZ/FundraisingGrossIncomeAmt00
IRS990EZ/GainOrLossFromSaleOfAssetsAmt00
IRS990EZ/GrossProfitLossSlsOfInvntryAmt00
IRS990EZ/GrossReceiptsAmt024019
IRS990EZ/GrossReceiptsForPublicUseAmt00
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InitiationFeesAndCapContriAmt00
IRS990EZ/InvestmentIncomeAmt00
IRS990EZ/LandAndBuildingsGrp/BOYAmt00
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MembershipDuesAmt00
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt05217
IRS990EZ/NetAssetsOrFundBalancesEOYAmt010075
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt05217
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt010075
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt05.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt12.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt22.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt32.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt40.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0Hyung Kim
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1Jangwon Kim
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2Eunbi Cho
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3Jonghwan Lee
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4Dong Yun Lee
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0President
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1Secretary
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2Treasurer
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3Vice President
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4Director
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherAssetsTotalDetail/BOYAmt00
IRS990EZ/OtherExpensesTotalAmt018061
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0Serving the Korean community to provide education and mentorship
IRS990EZ/ProgramServiceRevenueAmt00
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0Events to provide networking among mentors and menteesserving 150 participants.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt1Conference for education of industry vision &career development serving 102 participants.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt2Education services for career & business developmentserving 545 audiences.
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt00
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt10
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt20
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt06131
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt13231
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt21900
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SpecialEventsDirectExpensesAmt00
IRS990EZ/SpecialEventsNetIncomeLossAmt00
IRS990EZ/StatesWhereCopyOfReturnIsFldCd0CA
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt0490
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt00
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt019161
IRS990EZ/TotalProgramServiceExpensesAmt011262
IRS990EZ/TotalRevenueAmt024019
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt024019
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt014445
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt038464
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt00
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/TotalAmt00
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/InvestmentIncomePYPct00.00000
IRS990ScheduleA/OtherSupportSumAmt00
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00
IRS990ScheduleA/PublicSupportCY509Pct01.00000
IRS990ScheduleA/PublicSupportPY509Pct01.00000
IRS990ScheduleA/PublicSupportTotal509Amt038464
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft509Grp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt024019
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt014445
IRS990ScheduleA/Total509Grp/TotalAmt038464
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt038464
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0ADVERTISING & PROMOTION 880.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1LICENSE & TAXES 50.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2MEETING 2840.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3OFFICE EXPENSE 161.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4PROGRAM SERVICES 14103.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5SUNDRY 27.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6Credit card payable 490. 0.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Form 990EZ, Part II, Line 26
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/FederatedAssuranceLevelCd0FAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd03
ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0Jangwon Kim
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0SECRETARY
ReturnHeader/BusinessOfficerGrp/PhoneNum03103848445
ReturnHeader/BusinessOfficerGrp/SignatureDt02023-08-29
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0SOCAL K-GROUP INC
ReturnHeader/Filer/BusinessNameControlTxt0SOCA
ReturnHeader/Filer/EIN0863679654
ReturnHeader/Filer/PhoneNum03103848445
ReturnHeader/Filer/USAddress/AddressLine1Txt03435 WILSHIRE BLVD STE 2090
ReturnHeader/Filer/USAddress/CityNm0LOS ANGELES
ReturnHeader/Filer/USAddress/StateAbbreviationCd0CA
ReturnHeader/Filer/USAddress/ZIPCd090010
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0true
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0954510652
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Kyung S Kim CPA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt020657 Golden Springs Dr Unit 208
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Diamond Bar
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0CA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd091789
ReturnHeader/PreparerPersonGrp/PhoneNum09093457116
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Kyung S Kim
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02023-10-13T17:06:44-07:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0Jangwon
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0Kim
ReturnHeader/TaxPeriodBeginDt02022-01-01
ReturnHeader/TaxPeriodEndDt02022-12-31
ReturnHeader/TaxYr02022

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

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

Open filing
Assets
$10,075
Liabilities
$0
Net assets
$10,075
Revenue
$24,019
Expenses
$19,161
Net income
$4,858
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$16.5$16.5$14.8$20.6$5.78
2023Detailed filing. Detailed filing data is available for this year.$22.3$22.3$30.1$17.8$12.2
2022Detailed filing. Detailed filing data is available for this year.$10.1$0.00$10.1$24.0$19.2$4.86
2021Detailed filing. Detailed filing data is available for this year.$5.71$0.49$5.22$16.7$11.5$5.22