Civic Intelligence

Valley Korean American Parents Asso

EIN 95-4655071 • 501(c)3 • Granada Hills, CA

990-N CoverageNTEE N71

Profile

PROVIDE YOUTH OLYMPICS

18017 Chatsworth St Ste 625Granada Hills, CA 91344
Siviq Scores

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

Liabilities / Assets

72nd percentile

0.00x

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

NTEE N • <$500k nonprofits • Source year 2024

Liabilities / Revenue

73rd percentile

0.00x

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

NTEE N • <$500k nonprofits • Source year 2024

Net Margin

38th percentile

0.6%

Higher net margin than 38% of similar nonprofits.

NTEE N • <$500k nonprofits • Source year 2024

Top Officer Pay

92nd percentile

$0

Higher top officer pay than 92% of similar nonprofits.

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

NTEE N • <$500k nonprofits • Source year 2024

Asset Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2024

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2024

Balance Sheet
Liabilities / Assets72nd percentile

Assets

$15,093

No earlier filing loaded for comparison.

Liabilities

$0

No earlier filing loaded for comparison.

Net Assets

$15,093

No earlier filing loaded for comparison.

Operations
Liabilities / Revenue73rd percentileNet Margin38th percentile

Revenue

$56,567

No earlier filing loaded for comparison.

Expenses

$56,223

No earlier filing loaded for comparison.

Net Income

$344

No earlier filing loaded for comparison.

Trend Graphs

Balance Sheet Trend

Asset GrowthScore unavailable

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

$20K$15K$10K$5.0K$0Assets 2024: $15,093Liabilities 2024: $0Net Assets 2024: $15,0932024

Highlighted filing

2024

Assets$15,093
Liabilities$0
Net Assets$15,093
Open 2024 Filing

Operations Trend

Revenue GrowthScore unavailable

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

$60K$40K$20K$0Revenue 2024: $56,567Expenses 2024: $56,223Net Income 2024: $3442024

Highlighted filing

2024

Revenue$56,567
Expenses$56,223
Net Income$344
Open 2024 Filing

Filings

Most recent year

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

Open filing
Assets
$15,093
Liabilities
$0
Net assets
$15,093
Revenue
$56,567
Expenses
$56,223
Net income
$344
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$15.1$0.00$15.1$56.6$56.2$0.34
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2023 to Jun 30, 2024
Signed
Nov 14, 2024
Return Version
2023v5.1
Gross Receipts
$56,567
Mission and Program Overview

Mission

PROVIDE YOUTH OLYMPICS

Program Services

DescriptionGrantsExpenses
COMMUNITY VOLUNTEER WORK--
CHARITY WORK: FOOD DRIVE, HUNGER CENTER--
EDUCATIONAL SEMINARS--
Compensation and Service Providers
Top Officer Pay92nd percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
YOUNG BAI KIMChief Executive Officer-$0--
JANICE PARKChief Financial Officer-$0--
PAMELA LEESecretary-$0--
Fundraising, Events, and Gaming

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Swap Meet$31,837$31,837$25,470$6,367
Total Events$31,837$31,837$25,470$6,367
Filing and Contact Details

Filer

Filer Name
Valley Korean American Parents Asso
EIN
95-4655071
Address
18017 CHATSWORTH ST STE 625, Granada Hills, CA 91344

Signing Officer

Name
Young Bai Kim
Title
Chief Executive
Phone
2135192582
Signed
2024-11-14
Discuss with paid preparer
No

Preparer

Firm
Chon & Hough Professional Corp
Address
2421 W 205th Street Ste D200, Torrance, CA 90501
Preparer
Henry H Hough CPA
Phone
3107828088
Supplemental Narrative

Additional Explanations

Description of other revenue Part I line 8

“Description AmountOter revenue 2,880”

Description of other expenses Part I line 16

“Description AmountFUNDRASING SUPPLIES 42,365FUNDRASING FOOD SUPPLIES 5,268OFFICE EXPENSE 1,720INSURANCE 1,479LICENSE AND PERMIT 4,076”

Raw XML Appendix143 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
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IRS990EZ/BooksInCareOfDetail/PersonNm0CHONHOUGH
IRS990EZ/BooksInCareOfDetail/PhoneNum03107828088
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt02421 W 205TH ST D200
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0Torrance
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0CA
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd090501
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt014749
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt015093
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/ContributionsGiftsGrantsEtcAmt019850
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt0344
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt0900
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt014749
IRS990EZ/Form990TotalAssetsGrp/EOYAmt015093
IRS990EZ/FundraisingGrossIncomeAmt031837
IRS990EZ/GrossReceiptsAmt056567
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/LandAndBuildingsGrp/BOYAmt00
IRS990EZ/LandAndBuildingsGrp/EOYAmt00
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MembershipDuesAmt02000
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt014749
IRS990EZ/NetAssetsOrFundBalancesEOYAmt015093
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt014749
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt015093
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt00.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt10.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt20.00
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/PersonNm0YOUNG BAI KIM
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1JANICE PARK
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2PAMELA LEE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0CHIEF EXECUTIVE OFFICER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1CHIEF FINANCIAL OFFICER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2SECRETARY
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherAssetsTotalDetail/BOYAmt00
IRS990EZ/OtherAssetsTotalDetail/EOYAmt00
IRS990EZ/OtherExpensesTotalAmt054908
IRS990EZ/OtherRevenueTotalAmt02880
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0PROVIDE YOUTH OLYMPICS
IRS990EZ/PrintingPublicationsPostageAmt0415
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0COMMUNITY VOLUNTEER WORK
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt1CHARITY WORK: FOOD DRIVE, HUNGER CENTER
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt2EDUCATIONAL SEMINARS
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SpecialEventsNetIncomeLossAmt031837
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt00
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt00
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt056223
IRS990EZ/TotalProgramServiceExpensesAmt00
IRS990EZ/TotalRevenueAmt056567
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt021850
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt021850
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearAmt031837
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/TotalAmt031837
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/InvestmentIncomePYPct00.00000
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct01.00000
IRS990ScheduleA/PublicSupportPY509Pct00.00000
IRS990ScheduleA/PublicSupportTotal509Amt053687
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt053687
IRS990ScheduleA/Total509Grp/TotalAmt053687
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt053687
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt00
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt00
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt053687
IRS990ScheduleG/AgrmtProfFundraisingActyInd0false
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt025470
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0SWAP MEET
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt031837
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt031837
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt031837
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt031837
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt06367
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt025470
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt025470
IRS990ScheduleG/SpecialFundraisingEventsInd0X
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Description AmountOter revenue 2,880
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Description AmountFUNDRASING SUPPLIES 42,365FUNDRASING FOOD SUPPLIES 5,268OFFICE EXPENSE 1,720INSURANCE 1,479LICENSE AND PERMIT 4,076
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Description of other revenue Part I line 8
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Description of other expenses Part I line 16
ReturnHeader/BuildTS02024-10-15 13:58:12Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0false
ReturnHeader/BusinessOfficerGrp/PersonNm0YOUNG BAI KIM
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0CHIEF EXECUTIVE
ReturnHeader/BusinessOfficerGrp/PhoneNum02135192582
ReturnHeader/BusinessOfficerGrp/SignatureDt02024-11-14
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0VALLEY KOREAN AMERICAN PARENTS ASSO
ReturnHeader/Filer/BusinessNameControlTxt0VALL
ReturnHeader/Filer/EIN0954655071
ReturnHeader/Filer/USAddress/AddressLine1Txt018017 CHATSWORTH ST STE 625
ReturnHeader/Filer/USAddress/CityNm0Granada Hills
ReturnHeader/Filer/USAddress/StateAbbreviationCd0CA
ReturnHeader/Filer/USAddress/ZIPCd091344
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0true
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0CHON & HOUGH PROFESSIONAL CORP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt02421 W 205th Street Ste D200
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Torrance
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0CA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd090501
ReturnHeader/PreparerPersonGrp/PhoneNum03107828088
ReturnHeader/PreparerPersonGrp/PreparationDt02024-11-06
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0HENRY H HOUGH CPA
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02024-11-06T12:54:59-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02023-07-01
ReturnHeader/TaxPeriodEndDt02024-06-30
ReturnHeader/TaxYr02023

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