Civic Intelligence

Korean Apparel Manufacturers Association Inc

EIN 95-4276029 • 501(c)6 • Los Angeles, CA

Profile

To educate korean appral manufaturers

1458 S San Pedro St Ste L60Los Angeles, CA 90015

n.a

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 2023

Liabilities / Revenue

51st percentile

0.00x

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

501(c)6 • <$500k nonprofits • Source year 2023

Net Margin

73rd percentile

14%

Higher net margin than 73% of similar nonprofits.

501(c)6 • <$500k nonprofits • Source year 2023

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 2023

Asset Growth

97th percentile

162%

Faster asset growth than 97% of similar nonprofits.

501(c)6 • <$500k nonprofits • Annualized from 2022 to 2023

Revenue Growth

19th percentile

-29%

Faster revenue growth than 19% of similar nonprofits.

501(c)6 • <$500k nonprofits • Annualized from 2022 to 2023

Balance Sheet
Liabilities / Assets49th percentile

Assets

Up

$11,521

Up $7,131 (+162%) from 2022

Liabilities

Flat

$0

Flat from 2022

Net Assets

Up

$11,521

Up $7,131 (+162%) from 2022

Operations
Liabilities / Revenue51st percentileNet Margin73rd percentile

Revenue

Down

$81,863

Down $34,190 (-29%) from 2022

Expenses

Down

$70,587

Down $52,403 (-43%) from 2022

Net Income

Up

$11,276

Up $18,213 (+263%) from 2022

Trend Graphs

Balance Sheet Trend

Asset Growth97th percentile

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

$150K$100K$50K$0Assets 2011: $34,869Liabilities 2011: $0Net Assets 2011: $34,8692011Assets 2012: $149,561Liabilities 2012: $0Net Assets 2012: $149,5612012Assets 2013: $83,351Liabilities 2013: $0Net Assets 2013: $83,3512013Assets 2014: $102,629Liabilities 2014: $0Net Assets 2014: $102,6292014Assets 2015: $8,745Liabilities 2015: $0Net Assets 2015: $8,7452015Assets 2016: $17,078Liabilities 2016: $0Net Assets 2016: $17,0782016Assets 2017: $21,891Liabilities 2017: $0Net Assets 2017: $21,8912017Assets 2018: $17,668Liabilities 2018: $0Net Assets 2018: $17,6682018Assets 2019: $17,761Liabilities 2019: $0Net Assets 2019: $17,7612019Assets 2021: $11,327Liabilities 2021: $0Net Assets 2021: $11,3272021Assets 2022: $4,390Liabilities 2022: $0Net Assets 2022: $4,3902022Assets 2023: $11,521Liabilities 2023: $0Net Assets 2023: $11,5212023

Highlighted filing

2023

Assets$11,521
Liabilities$0
Net Assets$11,521
Open 2023 Filing

Operations Trend

Revenue Growth19th percentile

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

$600K$400K$200K$0-$200KRevenue 2011: $196,437Expenses 2011: $203,234Net Income 2011: -$6,7972011Revenue 2012: $246,168Expenses 2012: $131,476Net Income 2012: $114,6922012Revenue 2013: $442,281Expenses 2013: $381,268Net Income 2013: $61,0132013Revenue 2014: $150,265Expenses 2014: $130,987Net Income 2014: $19,2782014Revenue 2015: $193,831Expenses 2015: $199,722Net Income 2015: -$5,8912015Revenue 2016: $162,388Expenses 2016: $154,055Net Income 2016: $8,3332016Revenue 2017: $168,095Expenses 2017: $163,282Net Income 2017: $4,8132017Revenue 2018: $174,769Expenses 2018: $178,992Net Income 2018: -$4,2232018Revenue 2019: $115,085Expenses 2019: $114,992Net Income 2019: $932019Revenue 2021: $117,152Expenses 2021: $107,183Net Income 2021: $9,9692021Revenue 2022: $116,053Expenses 2022: $122,990Net Income 2022: -$6,9372022Revenue 2023: $81,863Expenses 2023: $70,587Net Income 2023: $11,2762023

Highlighted filing

2023

Revenue$81,863
Expenses$70,587
Net Income$11,276
Open 2023 Filing

Filings

Most recent year

2023 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$11,521
Liabilities
$0
Net assets
$11,521
Revenue
$81,863
Expenses
$70,587
Net income
$11,276
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2023Detailed filing. Detailed filing data is available for this year.$0.12$0.00$0.12$0.82$0.71$0.11
2022Detailed filing. Detailed filing data is available for this year.$0.04$0.00$0.04$1.16$1.23$0.07
2021Detailed filing. Detailed filing data is available for this year.$0.11$0.00$0.11$1.17$1.07$0.10
2019Detailed filing. Detailed filing data is available for this year.$0.18$0.00$0.18$1.15$1.15$0.00
2018Detailed filing. Detailed filing data is available for this year.$0.18$0.00$0.18$1.75$1.79$0.04
2017Detailed filing. Detailed filing data is available for this year.$0.22$0.00$0.22$1.68$1.63$0.05
2016Detailed filing. Detailed filing data is available for this year.$0.17$0.00$0.17$1.62$1.54$0.08
2015Summary only. Only limited summary data is available for this year.$0.09$0.00$0.09$1.94$2.00$0.06
2014Summary only. Only limited summary data is available for this year.$1.03$0.00$1.03$1.50$1.31$0.19
2013Summary only. Only limited summary data is available for this year.$0.83$0.00$0.83$4.42$3.81$0.61
2012Summary only. Only limited summary data is available for this year.$1.50$0.00$1.50$2.46$1.31$1.15
2011Summary only. Only limited summary data is available for this year.$0.35$0.00$0.35$1.96$2.03$0.07
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
May 7, 2024
Return Version
2023v5.0
Gross Receipts
$81,863
Mission and Program Overview

Mission

To engage in the activity of educating and enlightening the korean garment wholesale industry through lectures seminars and charitable works

To educate korean appral manufaturers

Program Services

DescriptionGrantsExpenses
TO ENGAGE IN THE ACTIVITY OF EDUCATING AND ENLIGHTENING THE KOREAN GARMENT WHOLESALE INDUSTRY THROUGH LECTURES SEMINARS AND CHARITABLE WORKS--
Compensation and Service Providers
Top Officer Pay77th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
RICHARD CHOPresidentPT$0--
YOUNG GI CHANGSecretaryPT$0--
YOUNG GI CHANGCFOPT$0--
Filing and Contact Details

Filer

Filer Name
Korean Apparel Manufacturers Association Inc
EIN
95-4276029
Address
1458 S SAN PEDRO ST STE L60, Los Angeles, CA 90015

Signing Officer

Name
Richard Cho
Title
president
Phone
2137465362
Signed
2024-05-07
Discuss with paid preparer
No

Preparer

Firm
Se Jong Kim CPA Office
Address
1220 CRENSHAW BLVD, Los Angeles, CA 90019
Preparer
Se Jong Kim CPA
Phone
2133832782
Supplemental Narrative

Additional Explanations

Description of other expenses Part I line 16

“Description AmountASSOCIATION FEE HOA 4,870PROPERTY TAX 10,798”

Raw XML Appendix108 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/PersonNm0RICHARD CHO
IRS990EZ/BooksInCareOfDetail/PhoneNum02137465362
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt01458 S SAN PEDRO ST
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0Los Angeles
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0CA
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd090015
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt0245
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt011521
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/ContributionsGiftsGrantsEtcAmt040137
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/ExcessOrDeficitForYearAmt011276
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt02370
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt0245
IRS990EZ/Form990TotalAssetsGrp/EOYAmt011521
IRS990EZ/GrossReceiptsAmt081863
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/LandAndBuildingsGrp/BOYAmt00
IRS990EZ/LandAndBuildingsGrp/EOYAmt00
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MembershipDuesAmt041726
IRS990EZ/MethodOfAccountingAccrualInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt0245
IRS990EZ/NetAssetsOrFundBalancesEOYAmt011521
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt0245
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt011521
IRS990EZ/OccupancyRentUtltsAndMaintAmt044981
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt012.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt112.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt28.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0RICHARD CHO
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1YOUNG GI CHANG
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2YOUNG GI CHANG
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1SECRETARY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2CFO
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501cInd0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherAssetsTotalDetail/BOYAmt00
IRS990EZ/OtherAssetsTotalDetail/EOYAmt00
IRS990EZ/OtherExpensesTotalAmt015668
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0TO EDUCATE KOREAN APPRAL MANUFATURERS
IRS990EZ/PrintingPublicationsPostageAmt07568
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0TO ENGAGE IN THE ACTIVITY OF EDUCATING AND ENLIGHTENING THE KOREAN GARMENT WHOLESALE INDUSTRY THROUGH LECTURES SEMINARS AND CHARITABLE WORKS
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt00
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt00
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt070587
IRS990EZ/TotalRevenueAmt081863
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0N.A
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Description AmountASSOCIATION FEE HOA 4,870PROPERTY TAX 10,798
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Description of other expenses Part I line 16
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL2
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/OOBSecurityVerificationCd000
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd02
ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0false
ReturnHeader/BusinessOfficerGrp/PersonNm0RICHARD CHO
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0president
ReturnHeader/BusinessOfficerGrp/PhoneNum02137465362
ReturnHeader/BusinessOfficerGrp/SignatureDt02024-05-07
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0KOREAN APPAREL MANUFACTURERS ASSOCIATION INC
ReturnHeader/Filer/BusinessNameControlTxt0KORE
ReturnHeader/Filer/EIN0954276029
ReturnHeader/Filer/USAddress/AddressLine1Txt01458 S SAN PEDRO ST STE L60
ReturnHeader/Filer/USAddress/CityNm0Los Angeles
ReturnHeader/Filer/USAddress/StateAbbreviationCd0CA
ReturnHeader/Filer/USAddress/ZIPCd090015
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0true
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0SE JONG KIM CPA OFFICE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt01220 CRENSHAW BLVD
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Los Angeles
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0CA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd090019
ReturnHeader/PreparerPersonGrp/PhoneNum02133832782
ReturnHeader/PreparerPersonGrp/PreparationDt02024-05-07
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0SE JONG KIM CPA
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02024-05-07T23:02:03-04:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0RICHARD
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0CHO
ReturnHeader/TaxPeriodBeginDt02023-01-01
ReturnHeader/TaxPeriodEndDt02023-12-31
ReturnHeader/TaxYr02023

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