STRATEGY STUDIO / PUBLIC DATA EXPLORER

KOREAN SCHOOL ASSOCIATION INC: Form 990, tax year 2023

View the entire original 990 at ProPublica ↗

Organization
KOREAN SCHOOL ASSOCIATION INC (EIN 95-4655874)
Tax period
2023-01-01 to 2023-12-31
Filed
2024-11-12
IRS object ID
202423179349308687
Schema version
2023v5.0
Source
Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header ReturnHeader

FieldValueIRS element (for citing)
Return2024-11-12T18:43:26-05:00ReturnTs
Tax Period End2023-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN884118548PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1MOUNTAIN LLPBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line13700 WILSHIRE BLVD STE 535AddressLine1Txt
CityLOS ANGELESCityNm
State AbbreviationCAStateAbbreviationCd
ZIP900102918ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2023-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN954655874EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1KOREAN SCHOOL ASSOCIATION INCBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlKOREBusinessNameControlTxt
Phone2133883445PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1680 WILSHIRE PLACE SUITE 415AddressLine1Txt
CityLOS ANGELESCityNm
State AbbreviationCAStateAbbreviationCd
ZIP90005ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonKIWOOK UHMPersonNm
Person TitleCFOPersonTitleTxt
Phone2133883445PhoneNum
Signature2024-11-06SignatureDt
FieldValueIRS element (for citing)
IRS Responsible Prty Info CurrfalseIRSResponsiblePrtyInfoCurrInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonKIWOOK UHMPreparerPersonNm
PTINP00845230PTIN
Phone2133890080PhoneNum
Preparation2024-11-12PreparationDt
FieldValueIRS element (for citing)
Tax2023TaxYr
Build TS2024-10-15 13:58:12ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerKI HWAN PAEKPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line1680 WILSHIRE PL 415AddressLine1Txt
CityLOS ANGELESCityNm
State AbbreviationCAStateAbbreviationCd
ZIP90005ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$110,446GrossReceiptsAmt
Group Return For AffiliatesfalseGroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website AddressKOREANSCHOOL-USA.ORGWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation1997FormationYr
Legal Domicile StateCALegalDomicileStateCd
Activity Or MissionTO ENHANCE THE MUTUAL RELATIONSHIP & CORPORATION BETWEEN KOREAN SCHOOLS IN AMERICA TO HELP IMPROVE QUALITY OF KOREAN LANGUAGE AND CULTURE EDUCATION & EXPAND THE BASE THEREOF. TO HELP PROMTE PRIDE OF DESCENDANTS OF KOREANS & ESTABLISH IDENTITY THRU SOUND KOREAN LANGUAGE & CULTURE EDUCATION.ActivityOrMissionDesc
Voting Members Governing Body18VotingMembersGoverningBodyCnt
Voting Members Independent18VotingMembersIndependentCnt
Total Employee0TotalEmployeeCnt
Total Gross UBI$0TotalGrossUBIAmt
PY Contributions Grants$101,060PYContributionsGrantsAmt
CY Contributions Grants$110,446CYContributionsGrantsAmt
PY Program Service Revenue$1,060PYProgramServiceRevenueAmt
CY Program Service Revenue$0CYProgramServiceRevenueAmt
CY Investment Income$0CYInvestmentIncomeAmt
CY Other Revenue$0CYOtherRevenueAmt
PY Total Revenue$102,120PYTotalRevenueAmt
CY Total Revenue$110,446CYTotalRevenueAmt
CY Grants And Similar Paid$0CYGrantsAndSimilarPaidAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
CY Salaries Comp Emp Bnft Paid$0CYSalariesCompEmpBnftPaidAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$0CYTotalFundraisingExpenseAmt
PY Other Expenses$108,232PYOtherExpensesAmt
CY Other Expenses$117,001CYOtherExpensesAmt
PY Total Expenses$108,232PYTotalExpensesAmt
CY Total Expenses$117,001CYTotalExpensesAmt
PY Revenues Less Expenses-$6,112PYRevenuesLessExpensesAmt
CY Revenues Less Expenses-$6,555CYRevenuesLessExpensesAmt
Total Assets BOY$10,488TotalAssetsBOYAmt
Total Assets EOY$3,933TotalAssetsEOYAmt
Total Liabilities EOY$0TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$10,488NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$3,933NetAssetsOrFundBalancesEOYAmt
Info In Schedule O Part IIIYes (X)InfoInScheduleOPartIIIInd
MissionTO ENHANCE THE MUTUAL RELATIONSHIP & CORPORATION BETWEEN KOREAN SCHOOLS IN AMERICA TO HELP IMPROVE QUALITY OF KOREAN LANGUAGE AND CULTURE EDUCATION & EXPAND THE BASE THEREOF. TO HELP PROMTE PRIDE OF DESCENDANTS OF KOREANS & ESTABLISH IDENTITY THRU SOUND KOREAN LANGUAGE & CULTURE EDUCATION.MissionDesc
Significant New Program SrvcfalseSignificantNewProgramSrvcInd
Significant ChangefalseSignificantChangeInd
Expense$93,655ExpenseAmt
DescSEMINAR FOR TRAINING KOREAN LANGUAGE TEACHERS, CONTEST OF KOREAN CHILDREN'S SONGS, STORY TELLING, WRITING, AND WORKSHOP FOR KOREAN LANGUAGE TEACHERS.Desc
Total Program Service Expenses$93,655TotalProgramServiceExpensesAmt
Described In Section501c3Yes (true)DescribedInSection501c3Ind
Schedule B RequiredfalseScheduleBRequiredInd
Political Campaign ActyfalsePoliticalCampaignActyInd
Lobbying ActivitiesfalseLobbyingActivitiesInd
Subject To Proxy TaxfalseSubjectToProxyTaxInd
Donor Advised FundfalseDonorAdvisedFundInd
Conservation EasementsfalseConservationEasementsInd
Collections Of ArtfalseCollectionsOfArtInd
Credit CounselingfalseCreditCounselingInd
Donor Rstr Or Quasi EndowmentsfalseDonorRstrOrQuasiEndowmentsInd
Report Land Building EquipmentfalseReportLandBuildingEquipmentInd
Report Investments Other SecfalseReportInvestmentsOtherSecInd
Report Program Related InvstfalseReportProgramRelatedInvstInd
Report Other AssetsfalseReportOtherAssetsInd
Report Other LiabilitiesfalseReportOtherLiabilitiesInd
Include FIN48 FootnotefalseIncludeFIN48FootnoteInd
Independent Audit Fincl StmtfalseIndependentAuditFinclStmtInd
Consolidated Audit Fincl StmtfalseConsolidatedAuditFinclStmtInd
School OperatingfalseSchoolOperatingInd
Foreign OfficefalseForeignOfficeInd
Foreign ActivitiesfalseForeignActivitiesInd
More Than5000 K To OrgfalseMoreThan5000KToOrgInd
More Than5000 K To IndividualsfalseMoreThan5000KToIndividualsInd
Professional FundraisingfalseProfessionalFundraisingInd
Fundraising ActivitiesfalseFundraisingActivitiesInd
Gaming ActivitiesfalseGamingActivitiesInd
Operate HospitalfalseOperateHospitalInd
Grants To OrganizationsfalseGrantsToOrganizationsInd
Grants To IndividualsfalseGrantsToIndividualsInd
Schedule J RequiredfalseScheduleJRequiredInd
Tax Exempt BondsfalseTaxExemptBondsInd
Engaged In Excess Benefit TransfalseEngagedInExcessBenefitTransInd
PY Excess Benefit TransfalsePYExcessBenefitTransInd
Loan OutstandingfalseLoanOutstandingInd
Grant To Related PersonfalseGrantToRelatedPersonInd
Business Rln With Org MemfalseBusinessRlnWithOrgMemInd
Business Rln With Fam MemfalseBusinessRlnWithFamMemInd
Business Rln With35 Ctrl EntfalseBusinessRlnWith35CtrlEntInd
Deductible Non Cash ContrifalseDeductibleNonCashContriInd
Deductible Art ContributionfalseDeductibleArtContributionInd
Terminate OperationsfalseTerminateOperationsInd
Partial LiquidationfalsePartialLiquidationInd
Disregarded EntityfalseDisregardedEntityInd
Related EntityfalseRelatedEntityInd
Related Organization Ctrl EntfalseRelatedOrganizationCtrlEntInd
Trnsfr Exmpt Non Chrtbl Rltd OrgfalseTrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted PrtshpfalseActivitiesConductedPrtshpInd
Schedule O RequiredfalseScheduleORequiredInd
IRP Document0IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Employee0EmployeeCnt
Unrelated Bus Incm Over LimitfalseUnrelatedBusIncmOverLimitInd
Foreign Financial AccountfalseForeignFinancialAccountInd
Prohibited Tax Shelter TransfalseProhibitedTaxShelterTransInd
Taxable Party NotificationfalseTaxablePartyNotificationInd
Nondeductible ContributionsfalseNondeductibleContributionsInd
Indoor Tanning ServicesfalseIndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht PymtfalseSubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst IncfalseSubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members18GoverningBodyVotingMembersCnt
Independent Voting Member18IndependentVotingMemberCnt
Family Or Business RlnfalseFamilyOrBusinessRlnInd
Delegation Of Mgmt DutiesfalseDelegationOfMgmtDutiesInd
Change To Org DocumentsfalseChangeToOrgDocumentsInd
Material Diversion Or MisusefalseMaterialDiversionOrMisuseInd
Members Or StockholdersfalseMembersOrStockholdersInd
Election Of Board MembersfalseElectionOfBoardMembersInd
Decisions Subject To ApprovafalseDecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (true)MinutesOfGoverningBodyInd
Minutes Of CommitteesYes (true)MinutesOfCommitteesInd
Officer Mailing AddressfalseOfficerMailingAddressInd
Local ChaptersfalseLocalChaptersInd
Form990 Provided To Gvrn BodyfalseForm990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyfalseConflictOfInterestPolicyInd
Whistleblower PolicyfalseWhistleblowerPolicyInd
Document Retention PolicyfalseDocumentRetentionPolicyInd
Compensation Process CEOfalseCompensationProcessCEOInd
Compensation Process OtherfalseCompensationProcessOtherInd
Investment In Joint VenturefalseInvestmentInJointVentureInd
States Where Copy Of Return Is FldCAStatesWhereCopyOfReturnIsFldCd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

FieldValueIRS element (for citing)
PersonKI HWAN PAEKPersonNm
Phone2133883445PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1680 WILSHIRE PL 415AddressLine1Txt
CityLOS ANGELESCityNm
State AbbreviationCAStateAbbreviationCd
ZIP90005ZIPCd
FieldValueIRS element (for citing)
No Listed Persons CompensatedYes (X)NoListedPersonsCompensatedInd

Form990 Part VII Section A Form990PartVIISectionAGrp (18 entries)

TitleTitleTxtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmtOfficerOfficerInd
BANG HO AHN
VICE PRESIDEYes (X)$0$0$0
JUNG IN CHOE
PRESIDENTYes (X)$0$0$0
CHANG K CHOI
DIRECTORYes (X)$0$0$0
HYUN MOO CHOI
DIRECTORYes (X)$0$0$0
IL SOON CHOI
VICE PRESIDEYes (X)$0$0$0
SUNG YEOL HAN
DIRECTORYes (X)$0$0$0
LAWRENCE JEON
DIRECTORYes (X)$0$0$0
YOUNG CHEUL JOH
DIRECTORYes (X)$0$0$0
JUN HOON KANG
DIRECTORYes (X)$0$0$0
HYUNG CHUL KIM
DIRECTORYes (X)$0$0$0
LISA LEE
DIRECTORYes (X)$0$0$0
SANG LEE
DIRECTORYes (X)$0$0$0
SUNG IK LEE
DIRECTORYes (X)$0$0$0
SUNG IL LEE
DIRECTORYes (X)$0$0$0
KIWOOK UHM
CFOYes (X)$0$0$0
DONG MOUK GARBRIEL YIM
DIRECTORYes (X)$0$0$0
KI HWAN PAEK
CEO$0$0$0Yes (X)
CHONG YU
SECRETARY$0$0$0Yes (X)
FieldValueIRS element (for citing)
Former Ofcr Employees ListedfalseFormerOfcrEmployeesListedInd
Total Comp Greater Than150 KfalseTotalCompGreaterThan150KInd
Compensation From Other SrcsfalseCompensationFromOtherSrcsInd
Membership Dues$9,000MembershipDuesAmt
All Other Contributions$101,446AllOtherContributionsAmt
Total Contributions$110,446TotalContributionsAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$110,446TotalRevenueColumnAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$33,937TotalAmt
Program Services$27,141ProgramServicesAmt
Management And General$6,796ManagementAndGeneralAmt

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total$10,517TotalAmt
Management And General$10,517ManagementAndGeneralAmt

Conferences Meetings ConferencesMeetingsGrp

FieldValueIRS element (for citing)
Total$57,514TotalAmt
Program Services$54,371ProgramServicesAmt
Management And General$3,143ManagementAndGeneralAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$1,167TotalAmt
Program Services$400ProgramServicesAmt
Management And General$767ManagementAndGeneralAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDescTotalTotalAmtProgram ServicesProgramServicesAmtManagement And GeneralManagementAndGeneralAmt
EVENT EXPENSE$7,079$7,079
COMPUTER AND SOFTWARE$4,664$4,664
TELEPHONE$2,065$2,065
BANK FEE$58$58

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$117,001TotalAmt
Program Services$93,655ProgramServicesAmt
Management And General$23,346ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$10,488BOYAmt
EOY$3,933EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$10,488BOYAmt
EOY$3,933EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt
FieldValueIRS element (for citing)
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$10,488BOYAmt
EOY$3,933EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$10,488BOYAmt
EOY$3,933EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$10,488BOYAmt
EOY$3,933EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss-$6,555ReconcilationRevenueExpnssAmt
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or ReviewfalseAccountantCompileOrReviewInd
FS AuditedfalseFSAuditedInd

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
Publicly Supported Org509a2Yes (X)PubliclySupportedOrg509a2Ind

Gifts Grants Contris Rcvd509 GiftsGrantsContrisRcvd509Grp

FieldValueIRS element (for citing)
Current Tax Year Minus3 Years$28,651CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$63,667CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$101,060CurrentTaxYearMinus1YearAmt
Current Tax Year$110,446CurrentTaxYearAmt
Total$303,824TotalAmt

Gross Receipts Admissions GrossReceiptsAdmissionsGrp

FieldValueIRS element (for citing)
Current Tax Year Minus3 Years$4,018CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$50CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$1,060CurrentTaxYearMinus1YearAmt
Total$5,128TotalAmt

Total509 Total509Grp

FieldValueIRS element (for citing)
Current Tax Year Minus3 Years$32,669CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$63,717CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$102,120CurrentTaxYearMinus1YearAmt
Current Tax Year$110,446CurrentTaxYearAmt
Total$308,952TotalAmt
FieldValueIRS element (for citing)
Public Support Total509$308,952PublicSupportTotal509Amt

Total Support Calendar Year TotalSupportCalendarYearGrp

FieldValueIRS element (for citing)
Current Tax Year Minus3 Years$32,669CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$63,717CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$102,120CurrentTaxYearMinus1YearAmt
Current Tax Year$110,446CurrentTaxYearAmt
Total$308,952TotalAmt
FieldValueIRS element (for citing)
Public Support CY5091.00000PublicSupportCY509Pct
Public Support PY5091.00000PublicSupportPY509Pct
Investment Income CY0.00000InvestmentIncomeCYPct
Investment Income PY0.00000InvestmentIncomePYPct
Thirty Thr Pct Suprt Tests CY509Yes (X)ThirtyThrPctSuprtTestsCY509Ind

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (3 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990 - ORGANIZATION'S MISSIONTO ENHANCE THE MUTUAL RELATIONSHIP & CORPORATION BETWEEN KOREAN SCHOOLS IN AMERICA TO HELP IMPROVE QUALITY OF KOREAN LANGUAGE AND CULTURE EDUCATION & EXPAND THE BASE THEREOF. TO HELP PROMTE PRIDE OF DESCENDANTS OF KOREANS & ESTABLISH IDENTITY THRU SOUND KOREAN LANGUAGE & CULTURE EDUCATION.
FORM 990, PAGE 6, PART VI, LINE 11BNO REVIEW WAS OR WILL BE CONDUCTED.
FORM 990, PAGE 6, PART VI, LINE 19NO DOCUMENTS AVAILABLE TO THE PUBLIC