Civic Intelligence

Kwon Family Childcare

EIN 88-0861283 • 501(c)3 • Buena Park, CA

Pub. 78 Eligible

Profile

CHILD CARE PROVIDER

8512 Elm CirBuena Park, CA 90620

n/A

Siviq Scores

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

Liabilities / Assets

95th percentile

1.34x

Higher debt load relative to assets than 95% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2024

Liabilities / Revenue

86th percentile

0.19x

Higher debt load relative to revenue than 86% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2024

Net Margin

74th percentile

20%

Higher net margin than 74% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2024

Top Officer Pay

87th percentile

$18,000

Higher top officer pay than 87% of similar nonprofits.

Top officer pay equals 9.0% of source-year revenue.

501(c)3 • <$500k nonprofits • Source year 2024

Asset Growth

99th percentile

1313%

Faster asset growth than 99% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2023 to 2024

Revenue Growth

65th percentile

12%

Faster revenue growth than 65% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets95th percentile

Assets

Up

$28,281

Up $26,279 (+1313%) from 2023

Liabilities

Down

$37,927

Down $12,776 (-25%) from 2023

Net Assets

Up

-$9,646

Up $39,055 (+80%) from 2023

Operations
Liabilities / Revenue86th percentileNet Margin74th percentile

Revenue

Up

$199,185

Up $20,717 (+12%) from 2023

Expenses

Down

$160,131

Down $45,025 (-22%) from 2023

Net Income

Up

$39,054

Up $65,742 (+246%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth99th percentile

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

$100K$50K$0-$50KAssets 2022: $3,074Liabilities 2022: $25,088Net Assets 2022: -$22,0142022Assets 2023: $2,002Liabilities 2023: $50,703Net Assets 2023: -$48,7012023Assets 2024: $28,281Liabilities 2024: $37,927Net Assets 2024: -$9,6462024

Highlighted filing

2024

Assets$28,281
Liabilities$37,927
Net Assets-$9,646
Open 2024 Filing

Operations Trend

Revenue Growth65th percentile

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

$300K$200K$100K$0-$100KRevenue 2022: $111,675Expenses 2022: $133,689Net Income 2022: -$22,0142022Revenue 2023: $178,468Expenses 2023: $205,156Net Income 2023: -$26,6882023Revenue 2024: $199,185Expenses 2024: $160,131Net Income 2024: $39,0542024

Highlighted filing

2024

Revenue$199,185
Expenses$160,131
Net Income$39,054
Open 2024 Filing

Filings

Most recent year

2024 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$28,281
Liabilities
$37,927
Net assets
-$9,646
Revenue
$199,185
Expenses
$160,131
Net income
$39,054
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$0.28$0.38$0.10$1.99$1.60$0.39
2023Detailed filing. Detailed filing data is available for this year.$0.02$0.51$0.49$1.78$2.05$0.27
2022Detailed filing. Detailed filing data is available for this year.$0.03$0.25$0.22$1.12$1.34$0.22
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Apr 21, 2025
Return Version
2024v5.0
Gross Receipts
$199,185
Mission and Program Overview

Mission

CHILD CARE PROVIDER

Program Services

DescriptionGrantsExpenses
THE SECOND YEAR OF THE OPERATION, WE PROVIDED CHILD CARE SERVICES TO LOCAL PARENTS. ABOUT 13 CHILDREN AGED 18 MONTHS TO 3YEARS ENROLLED IN 2023.-$160,131
Compensation and Service Providers
Top Officer Pay87th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
YONGJIN KWONCEOFT$18,000-$18,000
MIJUNG KWONSecretary An-$0--
Filing and Contact Details

Filer

Filer Name
Kwon Family Childcare
EIN
88-0861283
Phone
7149245977
Address
8512 ELM CIR, BUENA PARK, CA 90620

Signing Officer

Name
Yongjin Kwon
Title
CEO
Phone
7149245977
Signed
2025-04-21
Discuss with paid preparer
Yes

Preparer

Firm
Esther Hwang and Co
Address
3435 WILSHIRE BLVD 460, LOS ANGELES, CA 90010
Preparer
Esther Baek
Phone
2133879858
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 16

“Expenses insurance 8,590 automobile expense 5,459 bank and merchant fees 282 food/grocery 18,227 license and permits 527 instructors' fees 4,605 supply 28,567 telephone 5,154 utilities 3,928 repair and maintenance 6,603 outside service 12,000 total 93,942”

Form 990-ez, Part I, Line 20

“Prior period adjustment 0”

Form 990-ez, Part II, Line 26

“Unsecured notes and loans payable 47,910 37,013 payroll tax payable 2,793 914”

Raw XML Appendix118 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/PersonNm0YONGJIN KWON
IRS990EZ/BooksInCareOfDetail/PhoneNum07149245977
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt08512 ELM CIR
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0BUENA PARK
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0CA
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd090620
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt02003
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt028281
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt039054
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt08300
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt02003
IRS990EZ/Form990TotalAssetsGrp/EOYAmt028281
IRS990EZ/GrossReceiptsAmt0199185
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt0-48700
IRS990EZ/NetAssetsOrFundBalancesEOYAmt0-9646
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt0-48700
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt0-9646
IRS990EZ/OccupancyRentUtltsAndMaintAmt038400
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt040.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt1000.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt018000
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0YONGJIN KWON
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1MIJUNG KWON
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0CEO
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1SECRETARY AN
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherExpensesTotalAmt093942
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0CHILD CARE PROVIDER
IRS990EZ/ProgramServiceRevenueAmt0199185
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0THE SECOND YEAR OF THE OPERATION, WE PROVIDED CHILD CARE SERVICES TO LOCAL PARENTS. ABOUT 13 CHILDREN AGED 18 MONTHS TO 3YEARS ENROLLED IN 2023.
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt0160131
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/SalariesOtherCompEmplBnftAmt019489
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/StatesWhereCopyOfReturnIsFldCd0CA
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt050703
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt037927
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt0160131
IRS990EZ/TotalProgramServiceExpensesAmt0160131
IRS990EZ/TotalRevenueAmt0199185
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleA/First5Years509Ind0X
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt0199185
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt0170912
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt0111670
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt0481767
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportTotal509Amt0481767
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0199185
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0170912
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0111670
IRS990ScheduleA/Total509Grp/TotalAmt0481767
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0199185
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0170912
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0111670
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0481767
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0EXPENSES INSURANCE 8,590 AUTOMOBILE EXPENSE 5,459 BANK AND MERCHANT FEES 282 FOOD/GROCERY 18,227 LICENSE AND PERMITS 527 INSTRUCTORS' FEES 4,605 SUPPLY 28,567 TELEPHONE 5,154 UTILITIES 3,928 REPAIR AND MAINTENANCE 6,603 OUTSIDE SERVICE 12,000 TOTAL 93,942
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1PRIOR PERIOD ADJUSTMENT 0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2UNSECURED NOTES AND LOANS PAYABLE 47,910 37,013 PAYROLL TAX PAYABLE 2,793 914
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART I, LINE 20
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART II, LINE 26
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0YONGJIN KWON
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0CEO
ReturnHeader/BusinessOfficerGrp/PhoneNum07149245977
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-04-21
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0KWON FAMILY CHILDCARE
ReturnHeader/Filer/BusinessNameControlTxt0KWON
ReturnHeader/Filer/EIN0880861283
ReturnHeader/Filer/PhoneNum07149245977
ReturnHeader/Filer/USAddress/AddressLine1Txt08512 ELM CIR
ReturnHeader/Filer/USAddress/CityNm0BUENA PARK
ReturnHeader/Filer/USAddress/StateAbbreviationCd0CA
ReturnHeader/Filer/USAddress/ZIPCd090620
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0false
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0465636069
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0ESTHER HWANG AND CO
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt03435 WILSHIRE BLVD 460
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0LOS ANGELES
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0CA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd090010
ReturnHeader/PreparerPersonGrp/PhoneNum02133879858
ReturnHeader/PreparerPersonGrp/PreparationDt02025-04-21
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0ESTHER BAEK
ReturnHeader/ReturnTs02025-04-21T22:40:25-04:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02024-01-01
ReturnHeader/TaxPeriodEndDt02024-12-31
ReturnHeader/TaxYr02024

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