Civic Intelligence

Association of Korean Asian

EIN 95-4630451 • 501(c)6 • Los Angeles, CA

Profile

EDUCATION & SEMINAR

3242 W 8th St 110Los Angeles, CA 90005

n/A

Siviq Scores

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

Liabilities / Assets

75th percentile

0.10x

Higher debt load relative to assets than 75% of similar nonprofits.

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

Liabilities / Revenue

67th percentile

0.03x

Higher debt load relative to revenue than 67% of similar nonprofits.

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

Net Margin

22nd percentile

-20%

Higher net margin than 22% 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

17th percentile

-41%

Faster asset growth than 17% of similar nonprofits.

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

Revenue Growth

68th percentile

11%

Faster revenue growth than 68% of similar nonprofits.

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

Balance Sheet
Liabilities / Assets75th percentile

Assets

Down

$38,950

Down $27,201 (-41%) from 2023

Liabilities

Up

$3,887

Up $81 (+2.1%) from 2023

Net Assets

Down

$35,063

Down $27,282 (-44%) from 2023

Operations
Liabilities / Revenue67th percentileNet Margin22nd percentile

Revenue

Up

$136,674

Up $13,086 (+11%) from 2023

Expenses

Up

$163,956

Up $59,224 (+57%) from 2023

Net Income

Down

-$27,282

Down $46,138 (-245%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth17th percentile

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

$100K$50K$0-$50KAssets 2009: $80,507Liabilities 2009: $1,832Net Assets 2009: $78,6752009Assets 2012: -$1,621Liabilities 2012: $0Net Assets 2012: -$1,6212012Assets 2013: $5,406Liabilities 2013: $0Net Assets 2013: $5,4062013Assets 2014: $8,957Liabilities 2014: $0Net Assets 2014: $8,9572014Assets 2015: $10,210Liabilities 2015: $0Net Assets 2015: $10,2102015Assets 2016: $11,711Liabilities 2016: $0Net Assets 2016: $11,7112016Assets 2017: $10,511Liabilities 2017: $0Net Assets 2017: $10,5112017Assets 2018: $1,642Liabilities 2018: $0Net Assets 2018: $1,6422018Assets 2019: $13,093Liabilities 2019: $1,268Net Assets 2019: $11,8252019Assets 2020: $19,951Liabilities 2020: $0Net Assets 2020: $19,9512020Assets 2021: $52,486Liabilities 2021: $0Net Assets 2021: $52,4862021Assets 2022: $43,829Liabilities 2022: $340Net Assets 2022: $43,4892022Assets 2023: $66,151Liabilities 2023: $3,806Net Assets 2023: $62,3452023Assets 2024: $38,950Liabilities 2024: $3,887Net Assets 2024: $35,0632024

Highlighted filing

2024

Assets$38,950
Liabilities$3,887
Net Assets$35,063
Open 2024 Filing

Operations Trend

Revenue Growth68th percentile

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

$400K$300K$200K$100K$0-$100KRevenue 2009: $347,584Expenses 2009: $367,231Net Income 2009: -$19,6472009Revenue 2012: $229,867Expenses 2012: $220,573Net Income 2012: $9,2942012Revenue 2013: $156,911Expenses 2013: $149,884Net Income 2013: $7,0272013Revenue 2014: $173,535Expenses 2014: $169,984Net Income 2014: $3,5512014Revenue 2015: $123,564Expenses 2015: $122,311Net Income 2015: $1,2532015Revenue 2016: $155,708Expenses 2016: $154,207Net Income 2016: $1,5012016Revenue 2017: $99,242Expenses 2017: $100,442Net Income 2017: -$1,2002017Revenue 2018: $171,751Expenses 2018: $170,109Net Income 2018: $1,6422018Revenue 2019: $181,089Expenses 2019: $170,906Net Income 2019: $10,1832019Revenue 2020: $105,484Expenses 2020: $96,964Net Income 2020: $8,5202020Revenue 2021: $149,950Expenses 2021: $117,415Net Income 2021: $32,5352021Revenue 2022: $118,911Expenses 2022: $127,908Net Income 2022: -$8,9972022Revenue 2023: $123,588Expenses 2023: $104,732Net Income 2023: $18,8562023Revenue 2024: $136,674Expenses 2024: $163,956Net Income 2024: -$27,2822024

Highlighted filing

2024

Revenue$136,674
Expenses$163,956
Net Income-$27,282
Open 2024 Filing

Filings

Most recent year

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

Open filing
Assets
$38,950
Liabilities
$3,887
Net assets
$35,063
Revenue
$136,674
Expenses
$163,956
Net income
-$27,282
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$0.39$0.04$0.35$1.37$1.64$0.27
2023Detailed filing. Detailed filing data is available for this year.$0.66$0.04$0.62$1.24$1.05$0.19
2022Detailed filing. Detailed filing data is available for this year.$0.44$0.00$0.43$1.19$1.28$0.09
2021Detailed filing. Detailed filing data is available for this year.$0.52$0.00$0.52$1.50$1.17$0.33
2020Detailed filing. Detailed filing data is available for this year.$0.20$0.00$0.20$1.05$0.97$0.09
2019Detailed filing. Detailed filing data is available for this year.$0.13$0.01$0.12$1.81$1.71$0.10
2018Summary only. Only limited summary data is available for this year.$0.02$0.00$0.02$1.72$1.70$0.02
2017Detailed filing. Detailed filing data is available for this year.$0.11$0.00$0.11$0.99$1.00$0.01
2016Detailed filing. Detailed filing data is available for this year.$0.12$0.00$0.12$1.56$1.54$0.02
2015Summary only. Only limited summary data is available for this year.$0.10$0.00$0.10$1.24$1.22$0.01
2014Summary only. Only limited summary data is available for this year.$0.09$0.00$0.09$1.74$1.70$0.04
2013Summary only. Only limited summary data is available for this year.$0.05$0.00$0.05$1.57$1.50$0.07
2012Summary only. Only limited summary data is available for this year.$0.02$0.00$0.02$2.30$2.21$0.09
2009Summary only. Only limited summary data is available for this year.$0.81$0.02$0.79$3.48$3.67$0.20
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Dec 1, 2023 to Nov 30, 2024
Signed
Apr 21, 2025
Return Version
2023v6.0
Gross Receipts
$136,674
Mission and Program Overview

Mission

EDUCATION & SEMINAR

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$66,151$38,950▼ $27,201
Total Assets$66,151$38,950▼ $27,201
Liabilities
Other Liabilities$3,806$3,887▲ $81
Total Liabilities$3,806$3,887▲ $81
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$62,345$35,063▼ $27,282
Total Net Assets Fund Balance$62,345$35,063▼ $27,282
Total Liabilities and Net Assets / Fund Balance$66,151$38,950▼ $27,201
Compensation and Service Providers
Top Officer Pay77th percentile

Board Members and Trustees

NameTitle
Bon H ChoCEO
Revenue and Support

Revenue Composition

Contributions and Grants
$136,674
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$0
All Other Contributions
$79,974
Change in Net Assets
$-27,282
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$123,895
Salaries, Compensation, and Employee Benefits$40,061
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Conferences and Meetings$52,253$3,490-$55,743
Other Salaries and Wages$37,582--$37,582
Information Technology$16,922--$16,922
Occupancy$14,437--$14,437
Office Expenses$7,159$2,324-$9,483
Payment Travel Entrtnmnt Publicly Ofcl$5,406$3,604-$9,010
Advertising$2,589$488-$3,077
Fees for Services Accounting$1,205$1,205-$2,410
Payroll Taxes$2,295--$2,295
Travel$1,335--$1,335
Insurance$153$614-$767
Fees for Services Other$200--$200
Other Employee Benefits$184--$184
Other Expenses$55$45-$100
Total Functional Expenses$151,081$12,875$0$163,956
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
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Accrued Expense$3,703
Payroll Tax Payable$184
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, Page 6, Part VI, Line 11B

“No review was or will be conducted.”

Form 990, Page 6, Part VI, Line 19

“No documents available to the public”

Filing and Contact Details

Filer

Filer Name
Association of Korean Asian
EIN
95-4630451
Phone
2133824412
Address
3242 W 8TH ST 110, LOS ANGELES, CA 90005

Signing Officer

Name
Bon H Cho
Title
CEO
Phone
2133824412
Signed
2025-04-21

Organization Details

Principal Officer
Bon H Cho
Legal Domicile
CA
Voting Board Members
0
Independent Board Members
2
Employees
1

Preparer

Firm
Wilshire CPA Group Apc
Address
2221 W OLYMPIC BLVD, LOS ANGELES, CA 90006
Preparer
Sally Kim
Phone
3239319656
Raw XML Appendix254 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.

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IRS990/GovernmentGrantsAmt09800
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IRS990/MissionDesc0EDUCATION & SEMINAR
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IRS990/NetAssetsOrFundBalancesBOYAmt062345
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IRS990/NoListedPersonsCompensatedInd0X
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ReturnHeader/BuildTS02025-03-06 01:10:19Z
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ReturnHeader/ReturnTs02025-04-21T18:49:15-04:00
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ReturnHeader/TaxPeriodBeginDt02023-12-01
ReturnHeader/TaxPeriodEndDt02024-11-30
ReturnHeader/TaxYr02023

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