Liabilities / Assets
69th percentile
Higher debt load relative to assets than 69% of similar nonprofits.
Siviq Scores
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
0.04x
Liabilities / Revenue
64th percentile
Higher debt load relative to revenue than 64% of similar nonprofits.
Net Margin
48th percentile
Higher net margin than 48% of similar nonprofits.
Top Officer Pay
73rd percentile
Higher top officer pay than 73% of similar nonprofits.
Top officer pay equals 0.0% of source-year revenue.
Asset Growth
56th percentile
Faster asset growth than 56% of similar nonprofits.
Revenue Growth
15th percentile
Faster revenue growth than 15% of similar nonprofits.
Balance Sheet
Assets
Up$26,272
Up $1,305 (+5.2%) from 2012
Net Assets
Up$25,265
Up $2,124 (+9.2%) from 2012
Liabilities
Down$1,007
Down $819 (-45%) from 2012
Revenue And Expenses
Revenue
Down$97,844
Down $45,722 (-32%) from 2012
Expenses
Down$95,720
Down $43,488 (-31%) from 2012
Net Income
Down$2,124
Down $2,234 (-51%) from 2012
Historical Trend
Jump To
Filing Snapshot
- Filing Period
- Jan 1, 2013 to Dec 31, 2013
- Signed
- May 14, 2014
- Return Version
- 2013v3.1
- Gross Receipts
- $97,844
Mission and Program Overview
Mission
Pre-school
Program Services
| Description | Grants | Expenses |
|---|---|---|
| The organization provided education services to pre-school students. Services were provided to total of 30 children. | $95,720 | $97,844 |
Compensation and Service Providers
Employees
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| JIN HA CHUNG | President & CEO | PT | $0 | - | - |
| SOON NAM CHUNG | Secretary | - | $0 | - | - |
Filing and Contact Details
Filer
- EIN
- 95-4715014
- Phone
- 2133875656
Signing Officer
- Name
- Jin Ha Chung
- Title
- CFO
- Signed
- 2014-05-14
- Discuss with paid preparer
- Yes
Preparer
- Preparer
- Soh Yun Kang Park
- Phone
- 2133651700
Supplemental Narrative
Additional Explanations
Other Expenses.1002
“Office Expenses $2522”
Other Expenses.1012
“Insurance $1746”
Other Expenses.1
“Supply $12317”
Other Expenses.2
“Outside service $8000”
Other Expenses.3
“Utilities $1873”
Other Expenses.4
“Security $696”
Other Expenses.5
“Field trip $690”
Other Expenses.6
“Meals $545”
Other Expenses.7
“Auto expenses $504”
Other Expenses.8
“Bank charges $369”
Other Expenses.9
“Repair $294”
Other Expenses.10
“Telephone $172”
Other Expenses.11
“Tax $134”
Other Expenses.12
“Dues & Subscriptions $49”
Other Assets.1001
“Automobiles - Beginning $4131 Automobiles - Ending $4131”
Other Assets.1003
“Machinery and Equipment - Beginning $-86 Machinery and Equipment - Ending $-86”
Other Assets.1007
“Receivables-Officers, Directors, Etc. - Beginning $18617 Receivables-Officers, Directors, Etc. - Ending $19752”
Total Liabilities.1
“Payroll tax payable - Beginning $1816 Payroll tax payable - Ending $997”
Total Liabilities.2
“- Beginning $0 - Ending $0”
Raw XML Appendix164 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 | SUNG HA HONG |
| IRS990EZ/BooksInCareOfDetail/PhoneNum | 0 | 2133651700 |
| IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1 | 0 | 3435 WILSHIRE BLVD STE 480 |
| IRS990EZ/BooksInCareOfDetail/USAddress/City | 0 | LOS ANGELES |
| IRS990EZ/BooksInCareOfDetail/USAddress/State | 0 | CA |
| IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCode | 0 | 90010 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt | 0 | 2305 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt | 0 | 2475 |
| IRS990EZ/ChgMadeToOrgnzngDocNotRptInd | 0 | false |
| IRS990EZ/ContributionsGiftsGrantsEtcAmt | 0 | 97844 |
| IRS990EZ/CostOfGoodsSoldAmt | 0 | 0 |
| IRS990EZ/CostOrOtherBasisExpenseSaleAmt | 0 | 0 |
| IRS990EZ/DonorAdvisedFndsInd | 0 | false |
| IRS990EZ/EngagedInExcessBenefitTransInd | 0 | false |
| IRS990EZ/ExcessOrDeficitForYearAmt | 0 | 2124 |
| IRS990EZ/FeesAndOtherPymtToIndCntrctAmt | 0 | 330 |
| IRS990EZ/FiledScheduleAInd | 0 | true |
| IRS990EZ/ForeignFinancialAccountInd | 0 | false |
| IRS990EZ/ForeignOfficeInd | 0 | false |
| IRS990EZ/Form1120PolFiledInd | 0 | false |
| IRS990EZ/Form720FiledInd | 0 | false |
| IRS990EZ/Form990TotalAssetsGrp/BOYAmt | 0 | 24967 |
| IRS990EZ/Form990TotalAssetsGrp/EOYAmt | 0 | 26272 |
| IRS990EZ/FundraisingGrossIncomeAmt | 0 | 0 |
| IRS990EZ/GrossReceiptsAmt | 0 | 97844 |
| IRS990EZ/GrossReceiptsForPublicUseAmt | 0 | 0 |
| IRS990EZ/InfoInScheduleOPartIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartVInd | 0 | X |
| IRS990EZ/InitiationFeesAndCapContriAmt | 0 | 0 |
| IRS990EZ/LobbyingActivitiesInd | 0 | false |
| IRS990EZ/MadeLoansToFromOfficersInd | 0 | false |
| IRS990EZ/MethodOfAccountingCashInd | 0 | X |
| IRS990EZ/NetAssetsOrFundBalancesBOYAmt | 0 | 23141 |
| IRS990EZ/NetAssetsOrFundBalancesEOYAmt | 0 | 25265 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt | 0 | 23141 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt | 0 | 25265 |
| IRS990EZ/OccupancyRentUtltsAndMaintAmt | 0 | 38000 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 0 | 20.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 1 | 1.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 0 | JIN HA CHUNG |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 1 | SOON NAM CHUNG |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 0 | President & CEO |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 1 | Secretary |
| IRS990EZ/OperateHospitalInd | 0 | false |
| IRS990EZ/Organization501c3Ind | 0 | X |
| IRS990EZ/OrganizationDissolvedEtcInd | 0 | false |
| IRS990EZ/OrganizationFiled990TInd | 0 | false |
| IRS990EZ/OrganizationHadUBIInd | 0 | false |
| IRS990EZ/OtherAssetsTotalDetail/BOYAmt | 0 | 22662 |
| IRS990EZ/OtherAssetsTotalDetail/EOYAmt | 0 | 23797 |
| IRS990EZ/OtherExpensesTotalAmt | 0 | 29911 |
| IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt | 0 | NONE |
| IRS990EZ/PartVIOfCompOfHghstPdEmplTxt | 0 | NONE |
| IRS990EZ/PoliticalCampaignActyInd | 0 | false |
| IRS990EZ/PrimaryExemptPurposeTxt | 0 | Pre-school |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 0 | The organization provided education services to pre-school students. Services were provided to total of 30 children. |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt | 0 | 95720 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt | 0 | 97844 |
| IRS990EZ/ProhibitedTaxShelterTransInd | 0 | false |
| IRS990EZ/RelatedOrganizationCtrlEntInd | 0 | false |
| IRS990EZ/RelatedOrgSect527OrgInd | 0 | false |
| IRS990EZ/SalariesOtherCompEmplBnftAmt | 0 | 27479 |
| IRS990EZ/ScheduleBNotRequiredInd | 0 | X |
| IRS990EZ/SchoolOperatingInd | 0 | true |
| IRS990EZ/SpecialEventsDirectExpensesAmt | 0 | 0 |
| IRS990EZ/SubjectToProxyTaxInd | 0 | false |
| IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt | 0 | 1826 |
| IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt | 0 | 1007 |
| IRS990EZ/TanningServicesProvidedInd | 0 | false |
| IRS990EZ/TotalExpensesAmt | 0 | 95720 |
| IRS990EZ/TotalProgramServiceExpensesAmt | 0 | 95720 |
| IRS990EZ/TotalRevenueAmt | 0 | 97844 |
| IRS990EZ/TransactionWithControlEntInd | 0 | false |
| IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd | 0 | false |
| IRS990EZ/WebsiteAddressTxt | 0 | N/A |
| IRS990ScheduleA/SchoolInd | 0 | X |
| IRS990ScheduleE/ComplianceWithRevProc7550Ind | 0 | true |
| IRS990ScheduleE/DiscriminateRaceAdmissPlcyInd | 0 | false |
| IRS990ScheduleE/DiscriminateRaceAthltProgInd | 0 | false |
| IRS990ScheduleE/DiscriminateRaceEducPlcyInd | 0 | false |
| IRS990ScheduleE/DiscriminateRaceEmplmFcultyInd | 0 | false |
| IRS990ScheduleE/DiscriminateRaceOtherActyInd | 0 | false |
| IRS990ScheduleE/DiscriminateRaceSchsInd | 0 | false |
| IRS990ScheduleE/DiscriminateRaceStdntsRghtsInd | 0 | false |
| IRS990ScheduleE/DiscriminateRaceUseOfFcltsInd | 0 | false |
| IRS990ScheduleE/GovernmentFinancialAidRcvdInd | 0 | false |
| IRS990ScheduleE/GovernmentFinancialAidRvkdInd | 0 | false |
| IRS990ScheduleE/MaintainCpyOfAllSolInd | 0 | true |
| IRS990ScheduleE/MaintainCpyOfBrochuresEtcInd | 0 | true |
| IRS990ScheduleE/MaintainRacialCompRecsInd | 0 | true |
| IRS990ScheduleE/MaintainScholarshipsRecsInd | 0 | true |
| IRS990ScheduleE/NondiscriminatoryPolicyStmtInd | 0 | true |
| IRS990ScheduleE/PlcyPblczdViaBroadcastMediaInd | 0 | true |
| IRS990ScheduleE/PolicyStmtInBrochuresEtcInd | 0 | true |
| IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | Schedule E, Line 3 - Racially Nondiscriminatory Policy Publicized |
| IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | Schedule E, Line 4 - Explanation of Records and Materials Not Maintained |
| IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | Schedule E, Line 5 - Explanation of Organization Discrimination by Race |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | Office Expenses $2522 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | Insurance $1746 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | Supply $12317 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | Outside service $8000 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 4 | Utilities $1873 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 5 | Security $696 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 6 | Field trip $690 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 7 | Meals $545 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 8 | Auto expenses $504 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 9 | Bank charges $369 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 10 | Repair $294 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 11 | Telephone $172 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 12 | Tax $134 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 13 | Dues & Subscriptions $49 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 14 | Automobiles - Beginning $4131 Automobiles - Ending $4131 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 15 | Machinery and Equipment - Beginning $-86 Machinery and Equipment - Ending $-86 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 16 | Receivables-Officers, Directors, Etc. - Beginning $18617 Receivables-Officers, Directors, Etc. - Ending $19752 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 17 | Payroll tax payable - Beginning $1816 Payroll tax payable - Ending $997 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 18 | - Beginning $0 - Ending $0 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | Other Expenses.1002 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | Other Expenses.1012 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | Other Expenses.1 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | Other Expenses.2 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 4 | Other Expenses.3 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 5 | Other Expenses.4 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 6 | Other Expenses.5 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 7 | Other Expenses.6 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 8 | Other Expenses.7 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 9 | Other Expenses.8 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 10 | Other Expenses.9 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 11 | Other Expenses.10 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 12 | Other Expenses.11 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 13 | Other Expenses.12 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 14 | Other Assets.1001 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 15 | Other Assets.1003 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 16 | Other Assets.1007 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 17 | Total Liabilities.1 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 18 | Total Liabilities.2 |
| ReturnHeader/BuildTS | 0 | 2015-11-30 17:44:51Z |
| ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd | 0 | true |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | JIN HA CHUNG |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | CFO |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2014-05-14 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1 | 0 | ACADEMY CHILDREN CENTER |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | ACAD |
| ReturnHeader/Filer/EIN | 0 | 954715014 |
| ReturnHeader/Filer/PhoneNum | 0 | 2133875656 |
| ReturnHeader/Filer/USAddress/AddressLine1 | 0 | 815 S KINGSLEY DR |
| ReturnHeader/Filer/USAddress/City | 0 | LOS ANGELES |
| ReturnHeader/Filer/USAddress/State | 0 | CA |
| ReturnHeader/Filer/USAddress/ZIPCode | 0 | 90005 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1 | 0 | CHOI HONG LEE & KANG LLP |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1 | 0 | 3435 WILSHIRE BLVD STE 480 |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/City | 0 | LOS ANGELES |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/State | 0 | CA |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCode | 0 | 900102003 |
| ReturnHeader/PreparerPersonGrp/PhoneNum | 0 | 2133651700 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | Soh Yun Kang Park |
| ReturnHeader/ReturnTs | 0 | 2014-05-14T15:22:03-07:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990EZ |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2013-01-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2013-12-31 |
| ReturnHeader/TaxYr | 0 | 2013 |
Document Assets
No mirrored PDF or thumbnail assets are attached yet.
Filings
Displayed year
2013 • Form 990EZDetailed filing. Detailed filing data is available for this year.
- Assets
- $26,272
- Liabilities
- $1,007
- Net assets
- $25,265
- Revenue
- $97,844
- Expenses
- $95,720
- Net income
- $2,124