Civic Intelligence

Rvpdn Crest Education and Culture Inc

EIN 87-4217464 • 501(c)6 • Los Angeles, CA

Profile

To strengthen the communication and exchange among Korean American society and organizations, with special emphasis in promoting interaction and communication between organizations, developing strong networks among local educational and cultural organizations as well as institutions, servicing Korean American community. The Organization will organize events that promote Korean cultural heritage and hold activities that cultivate understanding of Korean history and Korean American history in term of education programs and cultures. Moreover, it will have the forums that provide important information on current issues and challenges important to local Korean American community as well as businesses. And it will take collective action to improve, to assist, and to provide a better environment for those who are living or plan to live in the US, for those who are operating a business or plan to establish a company in the U.S., as well as those who would like to do business with companies in

3003 S Hill StLos Angeles, CA 90007

n/A

Siviq Scores

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

Liabilities / Assets

25th percentile

0.00x

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

501(c)6 • $500k-$1M nonprofits • Source year 2022

Liabilities / Revenue

26th percentile

0.00x

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

501(c)6 • $500k-$1M nonprofits • Source year 2022

Net Margin

100th percentile

100%

Higher net margin than 100% of similar nonprofits.

501(c)6 • $500k-$1M nonprofits • Source year 2022

Top Officer Pay

49th percentile

$0

Higher top officer pay than 49% of similar nonprofits.

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

501(c)6 • $500k-$1M nonprofits • Source year 2022

Asset Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2022

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2022

Balance Sheet
Liabilities / Assets25th percentile

Assets

$950,000

No earlier filing loaded for comparison.

Liabilities

$0

No earlier filing loaded for comparison.

Net Assets

$950,000

No earlier filing loaded for comparison.

Operations
Liabilities / Revenue26th percentileNet Margin100th percentile

Revenue

$950,000

No earlier filing loaded for comparison.

Expenses

$0

No earlier filing loaded for comparison.

Net Income

$950,000

No earlier filing loaded for comparison.

Trend Graphs

Balance Sheet Trend

Asset GrowthScore unavailable

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

$1.0M$500K$0Assets 2022: $950,000Liabilities 2022: $0Net Assets 2022: $950,0002022

Highlighted filing

2022

Assets$950,000
Liabilities$0
Net Assets$950,000
Open 2022 Filing

Operations Trend

Revenue GrowthScore unavailable

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

$1.0M$500K$0Revenue 2022: $950,000Expenses 2022: $0Net Income 2022: $950,0002022

Highlighted filing

2022

Revenue$950,000
Expenses$0
Net Income$950,000
Open 2022 Filing

Filings

Most recent year

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

Open filing
Assets
$950,000
Liabilities
$0
Net assets
$950,000
Revenue
$950,000
Expenses
$0
Net income
$950,000
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2022Detailed filing. Detailed filing data is available for this year.$9.50$0.00$9.50$9.50$0.00$9.50
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Dec 1, 2021 to Nov 30, 2022
Signed
Oct 30, 2023
Return Version
2021v4.0
Gross Receipts
$950,000
Mission and Program Overview

Mission

To strengthen the communication and exchange among Korean American society and organizations, with special emphasis in promoting interaction and communication between organizations, developing strong networks among local educational and cultural organizations as well as institutions, servicing Korean American community. The Organization will organize events that promote Korean cultural heritage and hold activities that cultivate understanding of Korean history and Korean American history in term of education programs and cultures. Moreover, it will have the forums that provide important information on current issues and challenges important to local Korean American community as well as businesses. And it will take collective action to improve, to assist, and to provide a better environment for those who are living or plan to live in the US, for those who are operating a business or plan to establish a company in the U.S., as well as those who would like to do business with companies in

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts-$0-
Savings and Temporary Cash Investments-$0-
Accounts Receivable-$0-
Other Notes and Loans Receivable, Net-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$0-
Land, Buildings, and Equipment, Net-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Prepaid Expenses and Deferred Charges-$0-
Other Assets Total-$950,000-
Total Assets$0$950,000▲ $950,000
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Net Assets Without Donor Restrictions-$950,000-
Total Net Assets Fund Balance$0$950,000▲ $950,000
Total Liabilities and Net Assets / Fund Balance$0$950,000▲ $950,000
Compensation and Service Providers
Top Officer Pay49th percentile

Board Members and Trustees

NameTitle
Daniel ParkerPresident
Bob GyunVice President
Kt LeungDirector
Nikki HanSecretary
Kyung LeeTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$950,000
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$0
All Other Contributions
$950,000
Change in Net Assets
$950,000

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
No
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeContribution CountReported Amount
Securities Closely Held Stock1$950,000
Total Noncash Contributions1$950,000
Expenses and Functional Allocation

Major Expense Lines

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

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
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, Part VI, Line 11B: Form 990 Review Process

“No review was or will be conducted.”

Form 990, Part VI, Line 19: Other Organization Documents Publicly Available

“No documents available to the public.”

Filing and Contact Details

Filer

Filer Name
Rvpdn Crest Education and Culture Inc
EIN
87-4217464
Phone
3236324003
Address
3003 S HILL ST, LOS ANGELES, CA 90007

Signing Officer

Name
Daniel Parker
Title
President
Signed
2023-10-30
Discuss with paid preparer
Yes

Organization Details

Formed
2021
Legal Domicile
CA
Voting Board Members
5
Independent Board Members
0
Employees
0

Preparer

Firm
Kall Accountancy Corporation
Address
100 N CITRUS ST STE 300, WEST COVINA, CA 91791
Preparer
KT Leung CPA
Phone
6263969680
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ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0100 N CITRUS ST STE 300
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0WEST COVINA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0CA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd091791
ReturnHeader/PreparerPersonGrp/PhoneNum06263969680
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0KT Leung CPA
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02023-10-30T17:46:16-07:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0DANIEL
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0PARKER
ReturnHeader/TaxPeriodBeginDt02021-12-01
ReturnHeader/TaxPeriodEndDt02022-11-30
ReturnHeader/TaxYr02021

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