Civic Intelligence

Korean American Grocery Association

EIN 93-0977273 • 501(c)6 • Portland, OR

Profile

To provide help, promote, protect korean-american grocers in the state of oregon through education and providing relevant information.

PO Box 66786Portland, OR 97290

kagrooregon.com

Siviq Scores

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

Liabilities / Assets

49th percentile

0.00x

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

501(c)6 • <$500k nonprofits • Source year 2024

Liabilities / Revenue

51st percentile

0.00x

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

501(c)6 • <$500k nonprofits • Source year 2024

Net Margin

34th percentile

-8.2%

Higher net margin than 34% of similar nonprofits.

501(c)6 • <$500k nonprofits • Source year 2024

Top Officer Pay

77th percentile

$0

Higher top officer pay than 77% of similar nonprofits.

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

501(c)6 • <$500k nonprofits • Source year 2024

Asset Growth

44th percentile

-4.8%

Faster asset growth than 44% of similar nonprofits.

501(c)6 • <$500k nonprofits • Annualized from 2023 to 2024

Revenue Growth

77th percentile

20%

Faster revenue growth than 77% of similar nonprofits.

501(c)6 • <$500k nonprofits • Annualized from 2023 to 2024

Assets

Down

$315,408

Down $15,986 (-4.8%) from 2023

Liabilities

Flat

$0

Flat from 2023

Net Assets

Down

$315,408

Down $15,986 (-4.8%) from 2023

Revenue

Up

$195,886

Up $33,277 (+20%) from 2023

Expenses

Up

$211,872

Up $51,323 (+32%) from 2023

Net Income

Down

-$15,986

Down $18,046 (-876%) from 2023

Trend Graphs

Balance Sheet Trend

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

$400K$300K$200K$100K$0Assets 2010: $39,807Liabilities 2010: $0Net Assets 2010: $39,8072010Assets 2011: $65,037Liabilities 2011: $0Net Assets 2011: $65,0372011Assets 2012: $71,798Liabilities 2012: $0Net Assets 2012: $71,7982012Assets 2013: $80,439Liabilities 2013: $0Net Assets 2013: $80,4392013Assets 2014: $85,901Liabilities 2014: $0Net Assets 2014: $85,9012014Assets 2015: $70,551Liabilities 2015: $0Net Assets 2015: $70,5512015Assets 2016: $84,725Liabilities 2016: $2,950Net Assets 2016: $81,7752016Assets 2017: $94,931Liabilities 2017: $6,919Net Assets 2017: $88,0122017Assets 2018: $153,085Liabilities 2018: $8,824Net Assets 2018: $144,2612018Assets 2019: $202,575Liabilities 2019: $0Net Assets 2019: $202,5752019Assets 2020: $239,116Liabilities 2020: $1,387Net Assets 2020: $237,7292020Assets 2021: $290,508Liabilities 2021: $0Net Assets 2021: $290,5082021Assets 2022: $329,334Liabilities 2022: $0Net Assets 2022: $329,3342022Assets 2023: $331,394Liabilities 2023: $0Net Assets 2023: $331,3942023Assets 2024: $315,408Liabilities 2024: $0Net Assets 2024: $315,4082024

Highlighted filing

2024

Assets$315,408
Liabilities$0
Net Assets$315,408

Operations Trend

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

$300K$200K$100K$0-$100KRevenue 2010: $86,694Expenses 2010: $66,036Net Income 2010: $20,6582010Revenue 2011: $118,614Expenses 2011: $93,384Net Income 2011: $25,2302011Expenses 2012: $154,9252012Revenue 2013: $239,138Expenses 2013: $230,497Net Income 2013: $8,6412013Revenue 2014: $225,594Expenses 2014: $219,133Net Income 2014: $6,4612014Revenue 2015: $219,574Expenses 2015: $236,439Net Income 2015: -$16,8652015Revenue 2016: $243,884Expenses 2016: $232,660Net Income 2016: $11,2242016Revenue 2017: $249,988Expenses 2017: $243,751Net Income 2017: $6,2372017Revenue 2018: $245,551Expenses 2018: $189,302Net Income 2018: $56,2492018Revenue 2019: $243,379Expenses 2019: $185,065Net Income 2019: $58,3142019Revenue 2020: $169,061Expenses 2020: $133,907Net Income 2020: $35,1542020Revenue 2021: $196,301Expenses 2021: $143,522Net Income 2021: $52,7792021Revenue 2022: $224,896Expenses 2022: $186,070Net Income 2022: $38,8262022Revenue 2023: $162,609Expenses 2023: $160,549Net Income 2023: $2,0602023Revenue 2024: $195,886Expenses 2024: $211,872Net Income 2024: -$15,9862024

Highlighted filing

2024

Revenue$195,886
Expenses$211,872
Net Income-$15,986

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$3.15$0.00$3.15$1.96$2.12$0.16
2023Detailed filing. Detailed filing data is available for this year.$3.31$0.00$3.31$1.63$1.61$0.02
2022Detailed filing. Detailed filing data is available for this year.$3.29$0.00$3.29$2.25$1.86$0.39
2021Detailed filing. Detailed filing data is available for this year.$2.91$0.00$2.91$1.96$1.44$0.53
2020Detailed filing. Detailed filing data is available for this year.$2.39$0.01$2.38$1.69$1.34$0.35
2019Detailed filing. Detailed filing data is available for this year.$2.03$0.00$2.03$2.43$1.85$0.58
2018Detailed filing. Detailed filing data is available for this year.$1.53$0.09$1.44$2.46$1.89$0.56
2017Detailed filing. Detailed filing data is available for this year.$0.95$0.07$0.88$2.50$2.44$0.06
2016Detailed filing. Detailed filing data is available for this year.$0.85$0.03$0.82$2.44$2.33$0.11
2015Detailed filing. Detailed filing data is available for this year.$0.71$0.00$0.71$2.20$2.36$0.17
2014Summary only. Only limited summary data is available for this year.$0.86$0.00$0.86$2.26$2.19$0.06
2013Summary only. Only limited summary data is available for this year.$0.80$0.00$0.80$2.39$2.30$0.09
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.72$0.00$0.72$1.55
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.65$0.00$0.65$1.19$0.93$0.25
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.40$0.00$0.40$0.87$0.66$0.21
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Jul 21, 2025
Return Version
2024v5.2
Gross Receipts
$195,886
Mission and Program Overview

Mission

To provide help, promote, protect korean-american grocers in the state of oregon through education and providing relevant information.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$328,657$312,671▼ $15,986
Land, Buildings, and Equipment, Net$2,737$2,737→ $0
Total Assets$331,394$315,408▼ $15,986
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$331,394$315,408▼ $15,986
Total Net Assets Fund Balance$331,394$315,408▼ $15,986
Total Liabilities and Net Assets / Fund Balance$331,394$315,408▼ $15,986

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$2,737-$-11,108
Compensation and Service Providers

Board Members and Trustees

NameTitle
Jungsoo LeeChairman
Jung Hyun KimPresident
Jonny LeeVice Chairman
In Hee OhVice President
Jae Geun KimBoard Member
James KimBoard Member
Moon Hong KIMBoard Member
Seohyung YooBoard Member
SeokGeun KimBoard Member
Sukki UmBoard Member
SungRae ChoBoard Member
Tae Sun LeeBoard Member
Youngman YuBoard Member
Sang Jun RyuTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$2,450
Program Service Revenue
$193,400
Investment Income
$0
Other Revenue
$36
Change in Net Assets
$-15,986
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$104,552
Grants and Similar Amounts Paid$34,600
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Benefits to Members$72,720--$72,720
Grants to Domestic Orgs$34,600--$34,600
Conferences and Meetings$32,990--$32,990
Occupancy$21,778--$21,778
Office Expenses$16,448--$16,448
Other Expenses$2,005--$2,005
Advertising$400--$400
Total Functional Expenses$211,872$0$0$211,872
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
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
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
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Members or stockholder classes and rights Part VI line 6

06. Members or stockholder classes and rights (Part VI, line 6)Each member has right to vote at the annual membership meeting to approve business plan, budget & election of officers.

Member election for additional members Part VI line 7A

07. Member election for additional members (part VI, line 7a)Each member has right to vote to elect or appoint offices of the organization at the annual meeting or special meeting, if one is called.

Form 990 governing body review Part VI line 11

012. Form 990 governing body review (part VI, line 11)Officers of the organization have reviewd and approved.

Conflict of interest policy compliance Part VI line 12C

014. Conflict of interest policy compliance (part VI, line 12c)Organization uses similar conflict of interest statement recommended by internal revenue service.

Governing documents etc available to public Part VI line 19

018. Governing documents, etc, available to public (part VI, line 19)Upon written request governing documents are available to public.

Filing and Contact Details

Filer

Filer Name
Korean American Grocery Association
EIN
93-0977273
In Care Of
% JUNG HYUN KIM
Phone
5034421916
Address
PO BOX 66786, Portland, OR 97290

Signing Officer

Name
Jung Hyun Kim
Title
President
Phone
3609048266
Signed
2025-07-21
Discuss with paid preparer
No

Organization Details

Formed
2002
Legal Domicile
Or
Voting Board Members
14
Independent Board Members
14
Employees
0

Preparer

Firm
Aceprotax LLC
Address
3827 SW HALL BLVD, Beaverton, OR 97005
Preparer
Jaehyuk Yang
Phone
5036265065
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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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IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt0331394
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt0315408
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd0true
IRS990/NondeductibleContriDisclInd0true
IRS990/OccupancyGrp/ProgramServicesAmt021778
IRS990/OccupancyGrp/TotalAmt021778
IRS990/OfficeExpensesGrp/ProgramServicesAmt016448
IRS990/OfficeExpensesGrp/TotalAmt016448
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501cInd0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherExpensesGrp/Desc0OPERATING EXPENSE
IRS990/OtherExpensesGrp/Desc1MISCELLANEOUS EXPENSES
IRS990/OtherExpensesGrp/ProgramServicesAmt030931
IRS990/OtherExpensesGrp/ProgramServicesAmt12005
IRS990/OtherExpensesGrp/TotalAmt030931
IRS990/OtherExpensesGrp/TotalAmt12005
IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/Desc0BANK INTEREST
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt036
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt036
IRS990/OtherRevenueTotalAmt036
IRS990/PartialLiquidationInd0false
IRS990/PoliticalCampaignActyInd0false
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0900099
IRS990/ProgramServiceRevenueGrp/BusinessCd1445100
IRS990/ProgramServiceRevenueGrp/BusinessCd2445100
IRS990/ProgramServiceRevenueGrp/Desc0ANNUAL SPONSORSHIP
IRS990/ProgramServiceRevenueGrp/Desc1PROGRAM REBATE
IRS990/ProgramServiceRevenueGrp/Desc2COLLECTIVE PURCHASING
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0124410
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt138753
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt22140
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0124410
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt138753
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt22140
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYBenefitsPaidToMembersAmt030357
IRS990/PYContributionsGrantsAmt02600
IRS990/PYGrantsAndSimilarPaidAmt022000
IRS990/PYOtherExpensesAmt0108192
IRS990/PYOtherRevenueAmt0306
IRS990/PYProgramServiceRevenueAmt0159703
IRS990/PYRevenuesLessExpensesAmt02060
IRS990/PYTotalExpensesAmt0160549
IRS990/PYTotalRevenueAmt0162609
IRS990/ReconcilationRevenueExpnssAmt0-15986
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt0195886
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleD/EquipmentGrp/BookValueAmt02737
IRS990ScheduleD/EquipmentGrp/InvestmentCostOrOtherBasisAmt013845
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0-11108
IRS990ScheduleD/TotalBookValueLandBuildingsAmt02737
IRS990ScheduleI/GrantRecordsMaintainedInd0true
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt0DONATIONS & SCHOLARSHIPS
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt006. Members or stockholder classes and rights (Part VI, line 6)Each member has right to vote at the annual membership meeting to approve business plan, budget & election of officers.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt107. Member election for additional members (part VI, line 7a)Each member has right to vote to elect or appoint offices of the organization at the annual meeting or special meeting, if one is called.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2012. Form 990 governing body review (part VI, line 11)Officers of the organization have reviewd and approved.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3014. Conflict of interest policy compliance (part VI, line 12c)Organization uses similar conflict of interest statement recommended by internal revenue service.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4018. Governing documents, etc, available to public (part VI, line 19)Upon written request governing documents are available to public.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Members or stockholder classes and rights Part VI line 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Member election for additional members Part VI line 7a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990 governing body review Part VI line 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Conflict of interest policy compliance Part VI line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Governing documents etc available to public Part VI line 19
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0331394
IRS990/TotalAssetsEOYAmt0315408
IRS990/TotalAssetsGrp/BOYAmt0331394
IRS990/TotalAssetsGrp/EOYAmt0315408
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt02450
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt00
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0211872
IRS990/TotalFunctionalExpensesGrp/TotalAmt0211872
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesEOYAmt00
IRS990/TotalLiabilitiesGrp/BOYAmt00
IRS990/TotalLiabilitiesGrp/EOYAmt00
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0331394
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0315408
IRS990/TotalOtherCompensationAmt00
IRS990/TotalOthProgramServiceRevGrp/RelatedOrExemptFuncIncomeAmt028097
IRS990/TotalOthProgramServiceRevGrp/TotalRevenueColumnAmt028097
IRS990/TotalProgramServiceExpensesAmt0211872
IRS990/TotalProgramServiceRevenueAmt0193400
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0193436
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0195886
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0331394
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0315408
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UponRequestInd0X
IRS990/VotingMembersGoverningBodyCnt014
IRS990/VotingMembersIndependentCnt014
IRS990/WebsiteAddressTxt0KAGROOREGON.COM
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0false
ReturnHeader/BusinessOfficerGrp/PersonNm0JUNG HYUN KIM
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0President
ReturnHeader/BusinessOfficerGrp/PhoneNum03609048266
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-07-21
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0KOREAN AMERICAN GROCERY ASSOCIATION
ReturnHeader/Filer/BusinessNameControlTxt0KORE
ReturnHeader/Filer/EIN0930977273
ReturnHeader/Filer/InCareOfNm0% JUNG HYUN KIM
ReturnHeader/Filer/PhoneNum05034421916
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO BOX 66786
ReturnHeader/Filer/USAddress/CityNm0Portland
ReturnHeader/Filer/USAddress/StateAbbreviationCd0OR
ReturnHeader/Filer/USAddress/ZIPCd097290
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0true
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0454294590
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0ACEPROTAX LLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt03827 SW HALL BLVD
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Beaverton
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0OR
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd097005
ReturnHeader/PreparerPersonGrp/PhoneNum05036265065
ReturnHeader/PreparerPersonGrp/PreparationDt02025-07-25
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0JAEHYUK YANG
ReturnHeader/ReturnTs02025-07-25T13:36:34-04:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02024-01-01
ReturnHeader/TaxPeriodEndDt02024-12-31
ReturnHeader/TaxYr02024

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