Civic Intelligence

Korean Catholic Broadcasting Corporation

990EZ • Fiscal year 2020 • EIN 95-4691019

Jan 01, 2020 to Dec 31, 2020 • Filed on Jul 12, 2021

1230 N San Fernando RdLos Angeles, CA 90065

(213) 235-6747

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

97th percentile

1.97x

Higher debt load relative to assets than 97% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Liabilities / Revenue

93rd percentile

0.74x

Higher debt load relative to revenue than 93% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Net Margin

55th percentile

8.2%

Higher net margin than 55% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Top Officer Pay

76th percentile

$0

Higher top officer pay than 76% of similar nonprofits.

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

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Asset Growth

71st percentile

28%

Faster asset growth than 71% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Annualized from 2019 to 2020

Revenue Growth

89th percentile

59%

Faster revenue growth than 89% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Annualized from 2019 to 2020

Assets

Up

$14,503

Up $3,170 (+28%) from 2019

Net Assets

Up

-$14,016

Up $3,170 (+18%) from 2019

Liabilities

Flat

$28,519

Flat from 2019

Revenue

Up

$38,750

Up $14,330 (+59%) from 2019

Expenses

Down

$35,580

Down $8,110 (-19%) from 2019

Net Income

Up

$3,170

Up $22,440 (+116%) from 2019

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$400K$300K$200K$100K$0-$100KAssets 2011: $29,881Liabilities 2011: $24,5442011Assets 2012: $25,041Liabilities 2012: $24,5442012Assets 2013: $31,024Liabilities 2013: $24,9442013Assets 2014: $23,079Liabilities 2014: $24,9442014Assets 2015: $30,635Liabilities 2015: $28,519Net Assets 2015: $2,1162015Assets 2016: $35,950Liabilities 2016: $28,519Net Assets 2016: $7,4312016Assets 2017: $34,843Liabilities 2017: $28,516Net Assets 2017: $6,3272017Assets 2018: $30,603Liabilities 2018: $28,519Net Assets 2018: $2,0842018Assets 2019: $11,333Liabilities 2019: $28,519Net Assets 2019: -$17,1862019Assets 2020: $14,503Liabilities 2020: $28,519Net Assets 2020: -$14,0162020Assets 2021: $8,214Liabilities 2021: $388Net Assets 2021: $7,8262021Assets 2022: $2,381Liabilities 2022: $21Net Assets 2022: $2,3602022Assets 2023: $256,384Liabilities 2023: $0Net Assets 2023: $256,3842023Assets 2024: $318,235Liabilities 2024: $0Net Assets 2024: $318,2352024

Highlighted filing

2020

Assets$14,503
Liabilities$28,519
Net Assets-$14,016

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$300K$200K$100K$0-$100KRevenue 2011: $22,449Expenses 2011: $28,845Net Income 2011: -$6,3962011Revenue 2012: $40,640Expenses 2012: $45,480Net Income 2012: -$4,8402012Revenue 2013: $41,910Expenses 2013: $36,327Net Income 2013: $5,5832013Revenue 2014: $39,210Expenses 2014: $47,155Net Income 2014: -$7,9452014Revenue 2015: $37,019Expenses 2015: $33,038Net Income 2015: $3,9812015Revenue 2016: $48,890Expenses 2016: $43,575Net Income 2016: $5,3152016Revenue 2017: $35,540Expenses 2017: $36,644Net Income 2017: -$1,1042017Revenue 2018: $33,780Expenses 2018: $38,023Net Income 2018: -$4,2432018Revenue 2019: $24,420Expenses 2019: $43,690Net Income 2019: -$19,2702019Revenue 2020: $38,750Expenses 2020: $35,580Net Income 2020: $3,1702020Revenue 2021: $59,489Expenses 2021: $37,647Net Income 2021: $21,8422021Revenue 2022: $26,160Expenses 2022: $31,626Net Income 2022: -$5,4662022Revenue 2023: $279,573Expenses 2023: $25,549Net Income 2023: $254,0242023Revenue 2024: $87,818Expenses 2024: $25,967Net Income 2024: $61,8512024

Highlighted filing

2020

Revenue$38,750
Expenses$35,580
Net Income$3,170
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
Jul 12, 2021
Return Version
2020v4.0
Gross Receipts
$38,750
Mission and Program Overview

Mission

The specific and primary purposes are to operate an organization exclusively for charitabel purposes. The general purposes and powers are to have and to exercise all rights and powers conferred on nonprofit corporations under the laws of california, including the power to contract, rent, buy or sell personal or real property, provided, however, that this corporation shall not, except to an insubstantial degree, engage in any activities or exercise any powers that are not in furtherance of the primary purposes of this corporation.

Program Services

DescriptionGrantsExpenses
CATHOLIC BROADCASTING-$24,790
NA-$7,800
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
MYUNG JIN JEONGPresident-$0--
YOUNG HAE YESecretary-$0--
HUI I CHONGTreasurer-$0--
Filing and Contact Details

Filer

Filer Name
Korean Catholic Broadcasting
EIN
95-4691019
Phone
2132356747
Address
1230 N SAN FERNANDO RD, LOS ANGELES, CA 90065

Signing Officer

Name
Myung Jin Jeong
Title
President
Phone
2132356747
Signed
2021-07-12

Preparer

Firm
Seung Hye Seo CPA
Address
3450 WILSHIRE BLVD STE 302, LOS ANGELES, CA 90010
Preparer
Seung Hye Seo
Phone
2133808389
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 16

Expenses air fee 7,800 office supplies 460 total 8,260

Form 990-ez, Part II, Line 24

Furniture & equipment 18,068 18,068 less accumulated depreciation 18,068 18,068 total 0 0

Form 990-ez, Part II, Line 26

LOAN 28,519 28,519

Form 990-ez, Part III

The specific and primary purposes are to operate an organization exclusively for charitabel purposes. The general purposes and powers are to have and to exercise all rights and powers conferred on nonprofit corporations under the laws of california, including the power to contract, rent, buy or sell personal or real property, provided, however, that this corporation shall not, except to an insubstantial degree, engage in any activities or exercise any powers that are not in furtherance of the primary purposes of this corporation.

Form 990-ez, Part III, Line 31

CATHOLIC BROADCASTING

Raw XML Appendix116 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
CompensationExplanation/CompensationExplanationGrp/PersonNm0MYUNG JIN JEONG
CompensationExplanation/CompensationExplanationGrp/PersonNm1YOUNG HAE YE
CompensationExplanation/CompensationExplanationGrp/PersonNm2HUI I CHONG
IRS990EZ/ActivitiesNotPreviouslyRptInd0false
IRS990EZ/BooksInCareOfDetail/PersonNm0MYUNG JIN JEONG
IRS990EZ/BooksInCareOfDetail/PhoneNum02132356747
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt0567 S WILTON PL 1
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0LOS ANGELES
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0CA
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd090020
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt011333
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt014503
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/ContributionsGiftsGrantsEtcAmt038750
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt03170
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt027320
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt011333
IRS990EZ/Form990TotalAssetsGrp/EOYAmt014503
IRS990EZ/GrossReceiptsAmt038750
IRS990EZ/InfoInScheduleOPartIIIInd0X
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt0-17186
IRS990EZ/NetAssetsOrFundBalancesEOYAmt0-14016
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt0-17186
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt0-14016
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt0000.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt1000.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt2000.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0MYUNG JIN JEONG
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1YOUNG HAE YE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2HUI I CHONG
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1SECRETARY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2TREASURER
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherExpensesTotalAmt08260
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0THE SPECIFIC AND PRIMARY PURPOSES ARE TO OPERATE AN ORGANIZATION EXCLUSIVELY FOR CHARITABEL PURPOSES. THE GENERAL PURPOSES AND POWERS ARE TO HAVE AND TO EXERCISE ALL RIGHTS AND POWERS CONFERRED ON NONPROFIT CORPORATIONS UNDER THE LAWS OF CALIFORNIA, INCLUDING THE POWER TO CONTRACT, RENT, BUY OR SELL PERSONAL OR REAL PROPERTY, PROVIDED, HOWEVER, THAT THIS CORPORATION SHALL NOT, EXCEPT TO AN INSUBSTANTIAL DEGREE, ENGAGE IN ANY ACTIVITIES OR EXERCISE ANY POWERS THAT ARE NOT IN FURTHERANCE OF THE PRIMARY PURPOSES OF THIS CORPORATION.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0NA
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt1CATHOLIC BROADCASTING
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt07800
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt124790
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt028519
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt028519
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt035580
IRS990EZ/TotalProgramServiceExpensesAmt032590
IRS990EZ/TotalRevenueAmt038750
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleA/ChurchInd0X
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0EXPENSES AIR FEE 7,800 OFFICE SUPPLIES 460 TOTAL 8,260
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1FURNITURE & EQUIPMENT 18,068 18,068 LESS ACCUMULATED DEPRECIATION 18,068 18,068 TOTAL 0 0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2LOAN 28,519 28,519
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE SPECIFIC AND PRIMARY PURPOSES ARE TO OPERATE AN ORGANIZATION EXCLUSIVELY FOR CHARITABEL PURPOSES. THE GENERAL PURPOSES AND POWERS ARE TO HAVE AND TO EXERCISE ALL RIGHTS AND POWERS CONFERRED ON NONPROFIT CORPORATIONS UNDER THE LAWS OF CALIFORNIA, INCLUDING THE POWER TO CONTRACT, RENT, BUY OR SELL PERSONAL OR REAL PROPERTY, PROVIDED, HOWEVER, THAT THIS CORPORATION SHALL NOT, EXCEPT TO AN INSUBSTANTIAL DEGREE, ENGAGE IN ANY ACTIVITIES OR EXERCISE ANY POWERS THAT ARE NOT IN FURTHERANCE OF THE PRIMARY PURPOSES OF THIS CORPORATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4CATHOLIC BROADCASTING
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART II, LINE 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART II, LINE 26
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990-EZ, PART III
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990-EZ, PART III, LINE 31
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/PersonNm0MYUNG JIN JEONG
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum02132356747
ReturnHeader/BusinessOfficerGrp/SignatureDt02021-07-12
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0KOREAN CATHOLIC BROADCASTING
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0CORPORATION
ReturnHeader/Filer/BusinessNameControlTxt0KORE
ReturnHeader/Filer/EIN0954691019
ReturnHeader/Filer/PhoneNum02132356747
ReturnHeader/Filer/USAddress/AddressLine1Txt01230 N SAN FERNANDO RD
ReturnHeader/Filer/USAddress/CityNm0LOS ANGELES
ReturnHeader/Filer/USAddress/StateAbbreviationCd0CA
ReturnHeader/Filer/USAddress/ZIPCd090065
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0833995237
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0SEUNG HYE SEO CPA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt03450 WILSHIRE BLVD STE 302
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0LOS ANGELES
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0CA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd090010
ReturnHeader/PreparerPersonGrp/PhoneNum02133808389
ReturnHeader/PreparerPersonGrp/PreparationDt02021-08-06
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0SEUNG HYE SEO
ReturnHeader/ReturnTs02021-08-06T18:16:50-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0MYUNG JIN
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0JEONG
ReturnHeader/TaxPeriodBeginDt02020-01-01
ReturnHeader/TaxPeriodEndDt02020-12-31
ReturnHeader/TaxYr02020

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$3.18$0.00$3.18$0.88$0.26$0.62
2023Detailed filing. Detailed filing data is available for this year.$2.56$0.00$2.56$2.80$0.26$2.54
2022Detailed filing. Detailed filing data is available for this year.$0.02$0.00$0.02$0.26$0.32$0.05
2021Detailed filing. Detailed filing data is available for this year.$0.08$0.00$0.08$0.59$0.38$0.22
2020Detailed filing. Detailed filing data is available for this year.$0.15$0.29$0.14$0.39$0.36$0.03
2019Detailed filing. Detailed filing data is available for this year.$0.11$0.29$0.17$0.24$0.44$0.19
2018Detailed filing. Detailed filing data is available for this year.$0.31$0.29$0.02$0.34$0.38$0.04
2017Detailed filing. Detailed filing data is available for this year.$0.35$0.29$0.06$0.36$0.37$0.01
2016Detailed filing. Detailed filing data is available for this year.$0.36$0.29$0.07$0.49$0.44$0.05
2015Detailed filing. Detailed filing data is available for this year.$0.31$0.29$0.02$0.37$0.33$0.04
2014Summary only. Only limited summary data is available for this year.$0.23$0.25$0.39$0.47$0.08
2013Summary only. Only limited summary data is available for this year.$0.31$0.25$0.42$0.36$0.06
2012Summary only. Only limited summary data is available for this year.$0.25$0.25$0.41$0.45$0.05
2011Summary only. Only limited summary data is available for this year.$0.30$0.25$0.22$0.29$0.06