Civic Intelligence

Walec Inc

EIN 93-3135556 • 501(c)3 • Duluth, GA

NTEE I60

Profile

Law enforcement assistance in Korean Community

2917 Bob White Dr NW STE 1411Duluth, GA 30096
Siviq Scores

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

Liabilities / Assets

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on the latest valid filing.

Source year 2025

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on the latest valid filing.

Source year 2025

Net Margin

32nd percentile

-3.9%

Higher net margin than 32% of similar nonprofits.

NTEE I • <$500k nonprofits • Source year 2025

Top Officer Pay

79th percentile

$0

Higher top officer pay than 79% of similar nonprofits.

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

NTEE I • <$500k nonprofits • Source year 2025

Asset Growth

2nd percentile

-100%

Faster asset growth than 2% of similar nonprofits.

NTEE I • <$500k nonprofits • Annualized from 2024 to 2025

Revenue Growth

24th percentile

-32%

Faster revenue growth than 24% of similar nonprofits.

NTEE I • <$500k nonprofits • Annualized from 2024 to 2025

Balance Sheet
Liabilities / AssetsScore unavailable

Assets

Down

$473

Down $93 (-16%) from 2023

Liabilities

-

No earlier filing loaded for comparison.

Net Assets

Down

$473

Down $93 (-16%) from 2023

Operations
Liabilities / RevenueScore unavailableNet Margin32nd percentile

Revenue

Up

$18,000

Up $14,299 (+386%) from 2023

Expenses

Up

$18,093

Up $14,958 (+477%) from 2023

Net Income

Down

-$93

Down $659 (-116%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth2nd percentile

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

$600$400$200$0Assets 2023: $566Net Assets 2023: $5662023Assets 2024: $473Net Assets 2024: $4732024

Highlighted filing

2024

Assets$473
Liabilities-
Net Assets$473
Open 2024 Filing

Operations Trend

Revenue Growth24th percentile

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

$20K$15K$10K$5.0K$0-$5.0KRevenue 2023: $3,701Expenses 2023: $3,135Net Income 2023: $5662023Revenue 2024: $18,000Expenses 2024: $18,093Net Income 2024: -$932024

Highlighted filing

2024

Revenue$18,000
Expenses$18,093
Net Income-$93
Open 2024 Filing

Filings

Most recent year

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

Open filing
Assets
$473
Liabilities
-
Net assets
$473
Revenue
$18,000
Expenses
$18,093
Net income
-$93
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$0.47$0.47$18.0$18.1$0.09
2023Detailed filing. Detailed filing data is available for this year.$0.57$0.57$3.70$3.14$0.57
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Apr 8, 2025
Return Version
2024v5.1
Gross Receipts
$18,000
Mission and Program Overview

Mission

Law enforcement assistance in Korean Community

Program Services

DescriptionGrantsExpenses
Nothing--
Compensation and Service Providers
Top Officer Pay79th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Jeong Ki MinPresident-$0--
Filing and Contact Details

Filer

Filer Name
WALEC Inc
EIN
93-3135556
Address
2917 Bob White Dr NW STE 1411, Duluth, GA 30096

Signing Officer

Name
Jeong Min
Title
Officer
Signed
2025-04-08
Discuss with paid preparer
No

Preparer

Firm
Cho's Tax & Accounting LLC
Address
4485 Tench Rd Ste 650, Suwanee, GA 30024
Preparer
Sang D Cho
Phone
6787799297
Supplemental Narrative

Additional Explanations

Form 990-EZ, Part I, Line 16, Other Expenses

“Travel 1,350”

Form 990-EZ, Part I, Line 16, Other Expenses

“Meals and entertainment 169”

Form 990-EZ, Part I, Line 16, Other Expenses

“Supplies 13,780”

Form 990-EZ, Part I, Line 16, Other Expenses

“License 85”

Raw XML Appendix99 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/AddressChangeInd0X
IRS990EZ/BooksInCareOfDetail/PersonNm0Jeong Ki Min
IRS990EZ/BooksInCareOfDetail/PhoneNum07705681233
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt011 Perimeter Center East 1411
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0Dunwoody
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0GA
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd030346
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt0566
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt0473
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/ContributionsGiftsGrantsEtcAmt018000
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt0-93
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt0150
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt0566
IRS990EZ/Form990TotalAssetsGrp/EOYAmt0473
IRS990EZ/GrossReceiptsAmt018000
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt0566
IRS990EZ/NetAssetsOrFundBalancesEOYAmt0473
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt0566
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt0473
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt0000.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0Jeong Ki Min
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0President
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherExpensesTotalAmt015384
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0Law enforcement assistance in Korean Community
IRS990EZ/PrintingPublicationsPostageAmt02559
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0Nothing
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TaxImposedUnderIRC4911Amt00
IRS990EZ/TaxImposedUnderIRC4912Amt00
IRS990EZ/TaxImposedUnderIRC4955Amt00
IRS990EZ/TotalExpensesAmt018093
IRS990EZ/TotalRevenueAmt018000
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990ScheduleA/TestPublicSafetyInd0X
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
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Travel 1,350
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Meals and entertainment 169
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Supplies 13,780
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3License 85
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990-EZ, Part I, Line 16, Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990-EZ, Part I, Line 16, Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990-EZ, Part I, Line 16, Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990-EZ, Part I, Line 16, Other Expenses
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0false
ReturnHeader/BusinessOfficerGrp/PersonNm0Jeong Min
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Officer
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-04-08
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0WALEC Inc
ReturnHeader/Filer/BusinessNameControlTxt0WALE
ReturnHeader/Filer/EIN0933135556
ReturnHeader/Filer/USAddress/AddressLine1Txt02917 Bob White Dr NW STE 1411
ReturnHeader/Filer/USAddress/CityNm0Duluth
ReturnHeader/Filer/USAddress/StateAbbreviationCd0GA
ReturnHeader/Filer/USAddress/ZIPCd030096
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0261856403
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Cho's Tax & Accounting LLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt04485 Tench Rd Ste 650
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Suwanee
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0GA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd030024
ReturnHeader/PreparerPersonGrp/PhoneNum06787799297
ReturnHeader/PreparerPersonGrp/PreparationDt02025-04-08
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Sang D Cho
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02025-04-08T02:32:28-00:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02024-01-01
ReturnHeader/TaxPeriodEndDt02024-12-31
ReturnHeader/TaxYr02024

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