Liabilities / Assets
73rd percentile
Higher debt load relative to assets than 73% of similar nonprofits.
Korean Catholic Broadcasting Corporation
990EZ • Fiscal year 2021 • EIN 95-4691019
Siviq Scores
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
0.05x
Liabilities / Revenue
62nd percentile
Higher debt load relative to revenue than 62% of similar nonprofits.
Net Margin
79th percentile
Higher net margin than 79% of similar nonprofits.
Top Officer Pay
80th percentile
Higher top officer pay than 80% of similar nonprofits.
Top officer pay equals 10.1% of source-year revenue.
Asset Growth
10th percentile
Faster asset growth than 10% of similar nonprofits.
Revenue Growth
76th percentile
Faster revenue growth than 76% of similar nonprofits.
Balance Sheet
Assets
Down$8,214
Down $6,289 (-43%) from 2020
Net Assets
Up$7,826
Up $21,842 (+156%) from 2020
Liabilities
Down$388
Down $28,131 (-99%) from 2020
Revenue And Expenses
Revenue
Up$59,489
Up $20,739 (+54%) from 2020
Expenses
Up$37,647
Up $2,067 (+5.8%) from 2020
Net Income
Up$21,842
Up $18,672 (+589%) from 2020
Historical Trend
Jump To
Filing Snapshot
- Filing Period
- Jan 1, 2021 to Dec 31, 2021
- Signed
- May 16, 2022
- Return Version
- 2021v4.0
- Gross Receipts
- $59,489
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
| Description | Grants | Expenses |
|---|---|---|
| CATHOLIC BROADCASTING | - | $34,200 |
| NA | - | - |
Compensation and Service Providers
Employees
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| MYUNG JIN JEONG | President | FT | $6,000 | - | $6,000 |
| YOUNG HAE YE | Secretary | - | $0 | - | - |
| HUI I CHONG | Treasurer | - | $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
- 2022-05-16
Preparer
- Firm
- Seung Hye Seo CPA
- Address
- 3450 WILSHIRE BLVD STE 302, LOS ANGELES, CA 90010
- Preparer
- Seung Hye Seo CPA
- Phone
- 2133808389
Supplemental Narrative
Additional Explanations
Form 990-ez, Part I, Line 16
“Expenses air fee 7,000 office supplies 1,250 total 8,250”
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 0 payroll tax payable 0 388”
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 Appendix113 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/ActivitiesNotPreviouslyRptInd | 0 | false |
| IRS990EZ/BooksInCareOfDetail/PersonNm | 0 | MYUNG JIN JEONG |
| IRS990EZ/BooksInCareOfDetail/PhoneNum | 0 | 2132356747 |
| IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | 567 S WILTON PL 1 |
| IRS990EZ/BooksInCareOfDetail/USAddress/CityNm | 0 | LOS ANGELES |
| IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | CA |
| IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 90020 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt | 0 | 14503 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt | 0 | 8214 |
| IRS990EZ/ChgMadeToOrgnzngDocNotRptInd | 0 | false |
| IRS990EZ/ContributionsGiftsGrantsEtcAmt | 0 | 59489 |
| IRS990EZ/DonorAdvisedFndsInd | 0 | false |
| IRS990EZ/EngagedInExcessBenefitTransInd | 0 | false |
| IRS990EZ/ExcessOrDeficitForYearAmt | 0 | 21842 |
| IRS990EZ/FeesAndOtherPymtToIndCntrctAmt | 0 | 22692 |
| IRS990EZ/FiledScheduleAInd | 0 | true |
| IRS990EZ/ForeignFinancialAccountInd | 0 | false |
| IRS990EZ/ForeignOfficeInd | 0 | false |
| IRS990EZ/Form1120PolFiledInd | 0 | false |
| IRS990EZ/Form990TotalAssetsGrp/BOYAmt | 0 | 14503 |
| IRS990EZ/Form990TotalAssetsGrp/EOYAmt | 0 | 8214 |
| IRS990EZ/GrossReceiptsAmt | 0 | 59489 |
| IRS990EZ/InfoInScheduleOPartIIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIInd | 0 | X |
| IRS990EZ/LobbyingActivitiesInd | 0 | false |
| IRS990EZ/MadeLoansToFromOfficersInd | 0 | false |
| IRS990EZ/MethodOfAccountingCashInd | 0 | X |
| IRS990EZ/NetAssetsOrFundBalancesBOYAmt | 0 | -14016 |
| IRS990EZ/NetAssetsOrFundBalancesEOYAmt | 0 | 7826 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt | 0 | -14016 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt | 0 | 7826 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 0 | 40.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 1 | 000.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 2 | 000.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 0 | 6000 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 0 | MYUNG JIN JEONG |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 1 | YOUNG HAE YE |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 2 | HUI I CHONG |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 0 | PRESIDENT |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 1 | SECRETARY |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 2 | TREASURER |
| IRS990EZ/OperateHospitalInd | 0 | false |
| IRS990EZ/Organization501c3Ind | 0 | X |
| IRS990EZ/OrganizationDissolvedEtcInd | 0 | false |
| IRS990EZ/OrganizationHadUBIInd | 0 | false |
| IRS990EZ/OtherExpensesTotalAmt | 0 | 8250 |
| IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt | 0 | NONE |
| IRS990EZ/PartVIOfCompOfHghstPdEmplTxt | 0 | NONE |
| IRS990EZ/PoliticalCampaignActyInd | 0 | false |
| IRS990EZ/PrimaryExemptPurposeTxt | 0 | 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. |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 0 | NA |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 1 | CATHOLIC BROADCASTING |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt | 0 | 34200 |
| IRS990EZ/ProhibitedTaxShelterTransInd | 0 | false |
| IRS990EZ/RelatedOrganizationCtrlEntInd | 0 | false |
| IRS990EZ/SalariesOtherCompEmplBnftAmt | 0 | 6705 |
| IRS990EZ/ScheduleBNotRequiredInd | 0 | X |
| IRS990EZ/SchoolOperatingInd | 0 | false |
| IRS990EZ/SubjectToProxyTaxInd | 0 | false |
| IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt | 0 | 28519 |
| IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt | 0 | 388 |
| IRS990EZ/TanningServicesProvidedInd | 0 | false |
| IRS990EZ/TotalExpensesAmt | 0 | 37647 |
| IRS990EZ/TotalProgramServiceExpensesAmt | 0 | 34200 |
| IRS990EZ/TotalRevenueAmt | 0 | 59489 |
| IRS990EZ/TransactionWithControlEntInd | 0 | false |
| IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd | 0 | false |
| IRS990EZ/TypeOfOrganizationCorpInd | 0 | X |
| IRS990EZ/WebsiteAddressTxt | 0 | N/A |
| IRS990ScheduleA/ChurchInd | 0 | X |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | EXPENSES AIR FEE 7,000 OFFICE SUPPLIES 1,250 TOTAL 8,250 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | FURNITURE & EQUIPMENT 18,068 18,068 LESS ACCUMULATED DEPRECIATION 18,068 18,068 TOTAL 0 0 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | LOAN 28,519 0 PAYROLL TAX PAYABLE 0 388 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | 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. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 4 | CATHOLIC BROADCASTING |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | FORM 990-EZ, PART I, LINE 16 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | FORM 990-EZ, PART II, LINE 24 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | FORM 990-EZ, PART II, LINE 26 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | FORM 990-EZ, PART III |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 4 | FORM 990-EZ, PART III, LINE 31 |
| ReturnHeader/BuildTS | 0 | 2022-09-23 18:48:47Z |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | MYUNG JIN JEONG |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | PRESIDENT |
| ReturnHeader/BusinessOfficerGrp/PhoneNum | 0 | 2132356747 |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2022-05-16 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt | 0 | KOREAN CATHOLIC BROADCASTING |
| ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt | 0 | CORPORATION |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | KORE |
| ReturnHeader/Filer/EIN | 0 | 954691019 |
| ReturnHeader/Filer/PhoneNum | 0 | 2132356747 |
| ReturnHeader/Filer/USAddress/AddressLine1Txt | 0 | 1230 N SAN FERNANDO RD |
| ReturnHeader/Filer/USAddress/CityNm | 0 | LOS ANGELES |
| ReturnHeader/Filer/USAddress/StateAbbreviationCd | 0 | CA |
| ReturnHeader/Filer/USAddress/ZIPCd | 0 | 90065 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt | 0 | SEUNG HYE SEO CPA |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt | 0 | 3450 WILSHIRE BLVD STE 302 |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm | 0 | LOS ANGELES |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd | 0 | CA |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd | 0 | 90010 |
| ReturnHeader/PreparerPersonGrp/PhoneNum | 0 | 2133808389 |
| ReturnHeader/PreparerPersonGrp/PreparationDt | 0 | 2022-05-17 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | SEUNG HYE SEO CPA |
| ReturnHeader/PreparerPersonGrp/SelfEmployedInd | 0 | X |
| ReturnHeader/ReturnTs | 0 | 2022-06-06T16:56:44-05:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990EZ |
| ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm | 0 | MYUNG JIN |
| ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm | 0 | JEONG |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2021-01-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2021-12-31 |
| ReturnHeader/TaxYr | 0 | 2021 |
Document Assets
No mirrored PDF or thumbnail assets are attached yet.
Filings
Displayed year
2021 • Form 990EZDetailed filing. Detailed filing data is available for this year.
- Assets
- $8,214
- Liabilities
- $388
- Net assets
- $7,826
- Revenue
- $59,489
- Expenses
- $37,647
- Net income
- $21,842