Civic Intelligence

Kaccoc Foundation

EIN 88-1523506 • 501(c)3 • Buena Park, CA

Pub. 78 Eligible

Profile

To empower the growth and positive development of our communities for the general welfare of the public by providing education, training, and networking and to carry on other charitable activities associated therewith as permitted by law.

5300 Beach Boulevard Ste 110-601Buena Park, CA 90621
Siviq Scores

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

Liabilities / Assets

60th percentile

0.00x

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

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

Liabilities / Revenue

62nd percentile

0.00x

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

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

Net Margin

8th percentile

-130%

Higher net margin than 8% of similar nonprofits.

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

Top Officer Pay

81st percentile

$0

Higher top officer pay than 81% of similar nonprofits.

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

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

Asset Growth

10th percentile

-100%

Faster asset growth than 10% of similar nonprofits.

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

Revenue Growth

4th percentile

-100%

Faster revenue growth than 4% of similar nonprofits.

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

Balance Sheet
Liabilities / Assets60th percentile

Assets

Down

$315

Down $267,325 (-100%) from 2023

Liabilities

Flat

$0

Flat from 2023

Net Assets

Down

$315

Down $267,325 (-100%) from 2023

Operations
Liabilities / Revenue62nd percentileNet Margin8th percentile

Revenue

Down

$3,000

Down $1,201,420 (-100%) from 2023

Expenses

Down

$6,914

Down $1,259,191 (-99%) from 2023

Net Income

Up

-$3,914

Up $57,771 (+94%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth10th percentile

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

$400K$300K$200K$100K$0Assets 2022: $329,325Liabilities 2022: $0Net Assets 2022: $329,3252022Assets 2023: $267,640Liabilities 2023: $0Net Assets 2023: $267,6402023Assets 2024: $315Liabilities 2024: $0Net Assets 2024: $3152024

Highlighted filing

2024

Assets$315
Liabilities$0
Net Assets$315
Open 2024 Filing

Operations Trend

Revenue Growth4th percentile

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

$1.5M$1.0M$500K$0-$500KRevenue 2022: $557,804Expenses 2022: $228,479Net Income 2022: $329,3252022Revenue 2023: $1,204,420Expenses 2023: $1,266,105Net Income 2023: -$61,6852023Revenue 2024: $3,000Expenses 2024: $6,914Net Income 2024: -$3,9142024

Highlighted filing

2024

Revenue$3,000
Expenses$6,914
Net Income-$3,914
Open 2024 Filing

Filings

Most recent year

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

Open filing
Assets
$315
Liabilities
$0
Net assets
$315
Revenue
$3,000
Expenses
$6,914
Net income
-$3,914
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$0.00$0.00$0.00$0.00$0.01$0.00
2023Detailed filing. Detailed filing data is available for this year.$0.27$0.00$0.27$1.20$1.27$0.06
2022Detailed filing. Detailed filing data is available for this year.$0.33$0.00$0.33$0.56$0.23$0.33
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
May 15, 2025
Return Version
2024v5.1
Gross Receipts
$3,000
Mission and Program Overview

Mission

To empower the growth and positive development of our communities for the general welfare of the public by providing education, training, and networking and to carry on other charitable activities associated therewith as permitted by law.

To promote networking among members and protect the interests and businesses of the Korean American Commuity.

Balance Sheet Detail
LineBeginningEndChange
Assets
Accounts Receivable$213,244--
Cash and Non-Interest-Bearing Accounts$54,396$315▼ $54,081
Rtn Earn Endowment Incm Other Fnds$267,640$315▼ $267,325
Total Assets$267,640$315▼ $267,325
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Total Net Assets Fund Balance$267,640$315▼ $267,325
Total Liabilities and Net Assets / Fund Balance$267,640$315▼ $267,325
Compensation and Service Providers
Top Officer Pay81st percentile

Board Members and Trustees

NameTitle
Tim ParkCEO
John SongCFO
Chris ChaSecretary
Revenue and Support

Revenue Composition

Contributions and Grants
$3,000
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$0
All Other Contributions
$3,000
Change in Net Assets
$-3,914
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$6,914
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
Other Expenses---$4,210
Advertising---$1,892
Fees for Services Accounting---$35
Total Functional Expenses$0$0$0$6,914
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
Lobbying activity
No
Subject to proxy tax
No
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, Section Section A, Line 1A

“Governing body consists of board of directors in kaccoc foundation”

Filing and Contact Details

Filer

Filer Name
Kaccoc Foundation
EIN
88-1523506
Address
5300 BEACH BOULEVARD STE 110-601, Buena Park, CA 90621

Signing Officer

Name
Tim Park
Title
CEO
Signed
2025-05-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Tim Park
Formed
2022
Legal Domicile
CA
Voting Board Members
35
Independent Board Members
0
Employees
0

Preparer

Firm
Skc Accounting Group Inc
Address
2605 W OLYMPIC BLVD, LOS ANGELES, CA 90006
Preparer
Stanley Cha
Phone
2137395700
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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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