Civic Intelligence

World Korean Federation Chicago Corp Nfp

EIN 92-3110717 • 501(c)3 • Glenview, IL

Profile

The organization's primary exempt purpose is to promote religious education, faith-based outreach, and community support.

700 Greenwood RdGlenview, IL 60025
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 2025

Liabilities / Revenue

62nd percentile

0.00x

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

501(c)3 • <$500k nonprofits • Source year 2025

Net Margin

40th percentile

-2.6%

Higher net margin than 40% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2025

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 2025

Asset Growth

43rd percentile

-7.0%

Faster asset growth than 43% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2024 to 2025

Revenue Growth

20th percentile

-46%

Faster revenue growth than 20% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2024 to 2025

Assets

Down

$16,611

Down $1,251 (-7.0%) from 2024

Liabilities

Flat

$0

Flat from 2024

Net Assets

Down

$16,611

Down $1,251 (-7.0%) from 2024

Revenue

Down

$48,123

Down $41,166 (-46%) from 2024

Expenses

Down

$49,374

Down $22,053 (-31%) from 2024

Net Income

Down

-$1,251

Down $19,113 (-107%) from 2024

Trend Graphs

Balance Sheet Trend

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

$20K$15K$10K$5.0K$0Assets 2024: $17,862Liabilities 2024: $0Net Assets 2024: $17,8622024Assets 2025: $16,611Liabilities 2025: $0Net Assets 2025: $16,6112025

Highlighted filing

2025

Assets$16,611
Liabilities$0
Net Assets$16,611

Operations Trend

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

$100K$50K$0-$50KRevenue 2024: $89,289Expenses 2024: $71,427Net Income 2024: $17,8622024Revenue 2025: $48,123Expenses 2025: $49,374Net Income 2025: -$1,2512025

Highlighted filing

2025

Revenue$48,123
Expenses$49,374
Net Income-$1,251

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Nov 1, 2024 to Oct 31, 2025
Signed
Dec 28, 2025
Return Version
2024v5.0
Gross Receipts
$48,123
Mission and Program Overview

Mission

The organization's primary exempt purpose is to promote religious education, faith-based outreach, and community support.

Program Services

DescriptionGrantsExpenses
The organization's primary exempt purpose is to promote religious education, faith-based outreach, and community support.$40,000$6,600
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Chong Hee DerPresidentPT$0--
Myeong Hwa LeeSecretaryPT$0--
Benjamin ParkTreasurerPT$0--
Filing and Contact Details

Filer

Filer Name
World Korean Federation Chicago Corp Nfp
EIN
92-3110717
Phone
8477381696
Address
700 Greenwood Rd, Glenview, IL 60025

Signing Officer

Name
Benjamin Park
Title
Treasurer
Phone
8477381696
Signed
2025-12-28
Supplemental Narrative

Additional Explanations

Form 990-EZ, Part I, Line 10

The organization's primary exempt purpose is to promote religious education, faith-based outreach, and community support. Below are the three largest program services measured by expenses: 1. Faith-Based Education and Community Outreach ($6,400 spent, 500 persons benefited) - Conducted religious educational programs and workshops for members. - Provided counseling and faith-based mentoring services to individuals and families. - Hosted public events promoting religious awareness and community engagement. 2. Charitable Contributions ($42,000 spent, 1,200 persons benefited) During the fiscal year, the organization provided $42,000 in donations to foreign organizations in alignment with its charitable mission. This contribution supported religious educational programs, community development initiatives, and humanitarian aid in the designated country. Proper due diligence and compliance measures were followed to ensure the funds were used for charitable purposes. - Provided financial assistance and donations to mission-aligned initiatives, including a $42,000 grant to foreign organizations. 3. Public Engagement and Events ($600 spent, 300 persons benefited) - Organized faith-based conferences, guest speaker events, and community gatherings. - Sponsored social programs to support underprivileged communities. Provided transportation and accommodation for speakers and event participants.

Form 990-EZ, Part I, Line 16

1. Advertising and Promotions - $1700.00 Marketing and promotional materials for faith-based programs and outreach initiatives. 2. Food Expenses - $ 645.39 Meals and refreshments provided for community events, volunteer gatherings, and religious activities. 3. Bank Fees and Miscellaneous Expenses - $248.00 Bank service charges, administrative fees, and other minor business-related costs. 4. Event Gifts and Materials - $801.93 Small gifts and materials distributed at religious and community events. 5. Registration fee - $574.75 Registration fee for non-profit organization. 6. Condolences Money $200.00 Total : $4170.07

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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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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0The organization's primary exempt purpose is to promote religious education, faith-based outreach, and community support. Below are the three largest program services measured by expenses: 1. Faith-Based Education and Community Outreach ($6,400 spent, 500 persons benefited) - Conducted religious educational programs and workshops for members. - Provided counseling and faith-based mentoring services to individuals and families. - Hosted public events promoting religious awareness and community engagement. 2. Charitable Contributions ($42,000 spent, 1,200 persons benefited) During the fiscal year, the organization provided $42,000 in donations to foreign organizations in alignment with its charitable mission. This contribution supported religious educational programs, community development initiatives, and humanitarian aid in the designated country. Proper due diligence and compliance measures were followed to ensure the funds were used for charitable purposes. - Provided financial assistance and donations to mission-aligned initiatives, including a $42,000 grant to foreign organizations. 3. Public Engagement and Events ($600 spent, 300 persons benefited) - Organized faith-based conferences, guest speaker events, and community gatherings. - Sponsored social programs to support underprivileged communities. Provided transportation and accommodation for speakers and event participants.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt11. Advertising and Promotions - $1700.00 Marketing and promotional materials for faith-based programs and outreach initiatives. 2. Food Expenses - $ 645.39 Meals and refreshments provided for community events, volunteer gatherings, and religious activities. 3. Bank Fees and Miscellaneous Expenses - $248.00 Bank service charges, administrative fees, and other minor business-related costs. 4. Event Gifts and Materials - $801.93 Small gifts and materials distributed at religious and community events. 5. Registration fee - $574.75 Registration fee for non-profit organization. 6. Condolences Money $200.00 Total : $4170.07
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990-EZ, Part I, Line 10
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990-EZ, Part I, Line 16
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/PersonNm0Benjamin Park
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Treasurer
ReturnHeader/BusinessOfficerGrp/PhoneNum08477381696
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-12-28
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0WORLD KOREAN FEDERATION CHICAGO CORP NFP
ReturnHeader/Filer/BusinessNameControlTxt0WORL
ReturnHeader/Filer/EIN0923110717
ReturnHeader/Filer/PhoneNum08477381696
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ReturnHeader/ReturnTs02025-12-31T11:19:27-07:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02024-11-01
ReturnHeader/TaxPeriodEndDt02025-10-31
ReturnHeader/TaxYr02024

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