KOREAN SCHOOL ASSOCIATION INC: Form 990, tax year 2012

View the entire original 990 at ProPublica ↗

Organization: KOREAN SCHOOL ASSOCIATION INC (EIN 95-4655874)
Tax period: 2012-01-01 to 2012-12-31
Filed: 2013-05-13
IRS object ID: 201321339349303942
Schema version: 2012v2.1
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
Form 990
Schedule A
Schedule O

Return header ReturnHeader

Field	Value	IRS element (for citing)
Timestamp	2013-05-13T15:25:42-05:00	Timestamp
Tax Period End Date	2012-12-31	TaxPeriodEndDate

Preparer Firm PreparerFirm

Preparer Firm Business Name PreparerFirmBusinessName

Field	Value	IRS element (for citing)
Business Name Line1	CHO & WOO AN ACCOUNTANCY CORPORATION	BusinessNameLine1

Preparer Firm US Address PreparerFirmUSAddress

Field	Value	IRS element (for citing)
Address Line1	3250 WILSHIRE BLVD STE 1502	AddressLine1
City	LOS ANGELES	City
State	CA	State
ZIP Code	900101607	ZIPCode

Field	Value	IRS element (for citing)
Return Type	990	ReturnType
Tax Period Begin Date	2012-01-01	TaxPeriodBeginDate

Filer Filer

Field	Value	IRS element (for citing)
EIN	954655874	EIN

Name Name

Field	Value	IRS element (for citing)
Business Name Line1	KOREAN SCHOOL ASSOCIATION INC	BusinessNameLine1

Field	Value	IRS element (for citing)
Name Control	KORE	NameControl
Phone	2133883345	Phone

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	680 WILSHIRE PL	AddressLine1
Address Line2	ROOM/SUITE 415	AddressLine2
City	LOS ANGELES	City
State	CA	State
ZIP Code	90005	ZIPCode

Officer Officer

Field	Value	IRS element (for citing)
Name	JUNG IN CHOE	Name
Title	DIRECTOR	Title
Phone	2133883345	Phone
Date Signed	2013-05-03	DateSigned
Authorize Third Party	true	AuthorizeThirdParty

Preparer Preparer

Field	Value	IRS element (for citing)
Name	STEPHEN Y CHO CPA	Name
Phone	2133830972	Phone
Date Prepared	2013-05-07	DatePrepared

Field	Value	IRS element (for citing)
Tax Year	2012	TaxYear
Build TS	2016-02-24 21:20:13Z	BuildTS

Form 990 IRS990

Field	Value	IRS element (for citing)
Name Of Principal Officer Person	JUNG IN CHOE	NameOfPrincipalOfficerPerson

Address Principal Officer US AddressPrincipalOfficerUS

Field	Value	IRS element (for citing)
Address Line1	680 WILSHIRE PL 415	AddressLine1
City	LOS ANGELES	City
State	CA	State
ZIP Code	90005	ZIPCode

Field	Value	IRS element (for citing)
Gross Receipts	128805	GrossReceipts
Group Return For Affiliates	false	GroupReturnForAffiliates
Organization501c3	X	Organization501c3
Web Site	KOREANSCHOOL-USA.ORG	WebSite
Type Of Organization Corporation	X	TypeOfOrganizationCorporation
Year Formation	1997	YearFormation
State Legal Domicile	CA	StateLegalDomicile
Activity Or Mission Description	1. TO ENHANCE THE MUTUAL RELATIONSHIP AND COOPERATION BETWEEN KOREAN SCHOOLS IN AMERICA, 2. TO HELP IMPROVE THE QUALITY OF KOREAN LANGUAGE AND CHULTURE EDUCATION AND EXPAND THE BASE THEREOF, 3. TO HELP PROMOTE THE PRIDE OF THE DESCENDANTS OF KOREANS AND ESTABLISH THE IDENTITY THROUGH SOUND KOREAN LANGUAGE AND CULTURE EDUCATION, AND 4. TO PROVIDE RECOMMENDATIONS ON THE BILINGUAL EDUCAITON POLICY IN KOREAN AND AMERICA AND COOPERATE THEREIN.	ActivityOrMissionDescription
Nbr Voting Members Governing Body	10	NbrVotingMembersGoverningBody
Nbr Independent Voting Members	10	NbrIndependentVotingMembers
Total Nbr Employees	1	TotalNbrEmployees
Total Gross UBI	0	TotalGrossUBI
Contributions Grants Prior Year	75775	ContributionsGrantsPriorYear
Contributions Grants Current Year	59120	ContributionsGrantsCurrentYear
Program Service Revenue Prior Year	19136	ProgramServiceRevenuePriorYear
Program Service Revenue CY	69685	ProgramServiceRevenueCY
Investment Income Current Year	0	InvestmentIncomeCurrentYear
Other Revenue Current Year	0	OtherRevenueCurrentYear
Total Revenue Prior Year	94911	TotalRevenuePriorYear
Total Revenue Current Year	128805	TotalRevenueCurrentYear
Grants And Similar Amnts CY	0	GrantsAndSimilarAmntsCY
Benefits Paid To Members CY	0	BenefitsPaidToMembersCY
Salaries Etc Prior Year	10471	SalariesEtcPriorYear
Salaries Etc Current Year	28625	SalariesEtcCurrentYear
Total Prof Fundrsng Exp CY	0	TotalProfFundrsngExpCY
Total Fundrsng Exp Current Year	1	TotalFundrsngExpCurrentYear
Other Expense Prior Year	42366	OtherExpensePriorYear
Other Expenses Current Year	124706	OtherExpensesCurrentYear
Total Expenses Prior Year	52837	TotalExpensesPriorYear
Total Expenses Current Year	153331	TotalExpensesCurrentYear
Revenues Less Expenses Prior Year	42074	RevenuesLessExpensesPriorYear
Revenues Less Expenses CY	-24526	RevenuesLessExpensesCY
Total Assets BOY	51538	TotalAssetsBOY
Total Assets EOY	24849	TotalAssetsEOY
Total Liabilities BOY	2764	TotalLiabilitiesBOY
Total Liabilities EOY	1767	TotalLiabilitiesEOY
Net Assets Or Fund Balances BOY	48774	NetAssetsOrFundBalancesBOY
Net Assets Or Fund Balances EOY	23082	NetAssetsOrFundBalancesEOY
Info In Schedule O Part III	X	InfoInScheduleOPartIII
Mission Description	1. TO ENHANCE THE MUTUAL RELATIONSHIP AND COOPERATION BETWEEN KOREAN SCHOOLS IN AMERICA, 2. TO HELP IMPROVE THE QUALITY OF KOREAN LANGUAGE AND CHULTURE EDUCATION AND EXPAND THE BASE THEREOF, 3. TO HELP PROMOTE THE PRIDE OF THE DESCENDANTS OF KOREANS AND ESTABLISH THE IDENTITY THROUGH SOUND KOREAN LANGUAGE AND CULTURE EDUCATION, AND 4. TO PROVIDE RECOMMENDATIONS ON THE BILINGUAL EDUCAITON POLICY IN KOREAN AND AMERICA AND COOPERATE THEREIN.	MissionDescription
Significant New Program Services	false	SignificantNewProgramServices
Significant Change	false	SignificantChange
Expense	94785	Expense
Description	SEMINAR FOR TRAINING KOREAN LANGUAGE TEACHERS, CONTEST OF KOREAN CHILDREN'S SONGS & STORY TELLING, WRITING, & WORKSHOP FOR KOREAN LANGUAGE TEACHERS	Description
Total Program Service Expense	94785	TotalProgramServiceExpense
Described In501 C3	true	DescribedIn501C3
Schedule B Required	false	ScheduleBRequired
Political Activities	false	PoliticalActivities
Lobbying Activities	false	LobbyingActivities
Subject To Proxy Tax	false	SubjectToProxyTax
Donor Advised Funds	false	DonorAdvisedFunds
Conservation Easements	false	ConservationEasements
Collections Of Art	false	CollectionsOfArt
Credit Counseling	false	CreditCounseling
Term Or Permanent Endowments	false	TermOrPermanentEndowments
Report Land Bldg Equip	false	ReportLandBldgEquip
Report Invest Oth Securities	false	ReportInvestOthSecurities
Report Prog Rel Invest	false	ReportProgRelInvest
Report Other Assets	false	ReportOtherAssets
Report Other Liabilities	false	ReportOtherLiabilities
Report Fin48 Footnote	false	ReportFin48Footnote
Independent Audit Financial Stmt	false	IndependentAuditFinancialStmt
Consolidated Audit Financial Stmt	false	ConsolidatedAuditFinancialStmt
School	false	School
Foreign Office	false	ForeignOffice
Foreign Activities	false	ForeignActivities
More Than5000 K To Organizations	false	MoreThan5000KToOrganizations
More Than5000 K To Individuals	false	MoreThan5000KToIndividuals
Professional Fundraising	false	ProfessionalFundraising
Fundraising Activities	false	FundraisingActivities
Gaming	false	Gaming
Hospital	false	Hospital
Grants To Organizations	false	GrantsToOrganizations
Grants To Individuals	false	GrantsToIndividuals
Schedule J Required	false	ScheduleJRequired
Tax Exempt Bonds	false	TaxExemptBonds
Excess Benefit Transaction	false	ExcessBenefitTransaction
Prior Excess Benefit Transaction	false	PriorExcessBenefitTransaction
Loan To Officer Or DQP	false	LoanToOfficerOrDQP
Grant To Related Person	false	GrantToRelatedPerson
Bsnss Rltnshp With Organization	false	BsnssRltnshpWithOrganization
Bsnss Rltnshp Thru Family Member	false	BsnssRltnshpThruFamilyMember
Officer Entity With Bsnss Rltnshp	false	OfficerEntityWithBsnssRltnshp
Deductible Non Cash Contributions	false	DeductibleNonCashContributions
Deductible Contributions Of Art	false	DeductibleContributionsOfArt
Terminated	false	Terminated
Partial Liquidation	false	PartialLiquidation
Disregarded Entity	false	DisregardedEntity
Related Entity	false	RelatedEntity
Related Org Controlled Entity	false	RelatedOrgControlledEntity
Transfers To Exempt Non Chrtbl Org	false	TransfersToExemptNonChrtblOrg
Activities Conducted Partnership	false	ActivitiesConductedPartnership
Schedule O Required	true	ScheduleORequired
Number Forms Transmitted With1096	0	NumberFormsTransmittedWith1096
Number W2 G Included	0	NumberW2GIncluded
Number Of Employees	1	NumberOfEmployees
Employment Tax Returns Filed	true	EmploymentTaxReturnsFiled
Unrelated Business Income	false	UnrelatedBusinessIncome
Foreign Financial Account	false	ForeignFinancialAccount
Prohibited Tax Shelter Trans	false	ProhibitedTaxShelterTrans
Taxable Party Notification	false	TaxablePartyNotification
Non Deductible Contributions	false	NonDeductibleContributions
Indoor Tanning Services	false	IndoorTanningServices
Info In Schedule O Part VI	X	InfoInScheduleOPartVI
Nbr Voting Governing Body Members	10	NbrVotingGoverningBodyMembers
Number Independent Voting Members	10	NumberIndependentVotingMembers
Family Or Business Relationship	false	FamilyOrBusinessRelationship
Delegation Of Management Duties	false	DelegationOfManagementDuties
Changes To Organizing Docs	false	ChangesToOrganizingDocs
Material Diversion Or Misuse	false	MaterialDiversionOrMisuse
Members Or Stockholders	false	MembersOrStockholders
Election Of Board Members	false	ElectionOfBoardMembers
Decisions Subject To Approval	false	DecisionsSubjectToApproval
Minutes Of Governing Body	true	MinutesOfGoverningBody
Minutes Of Committees	true	MinutesOfCommittees
Officer Mailing Address	false	OfficerMailingAddress
Local Chapters	false	LocalChapters
Form990 Provided To Governing Body	false	Form990ProvidedToGoverningBody
Conflict Of Interest Policy	false	ConflictOfInterestPolicy
Whistleblower Policy	false	WhistleblowerPolicy
Document Retention Policy	false	DocumentRetentionPolicy
Compensation Process CEO	false	CompensationProcessCEO
Compensation Process Other	false	CompensationProcessOther
Investment In Joint Venture	false	InvestmentInJointVenture
States Where Copy Of Return Is Filed	CA	StatesWhereCopyOfReturnIsFiled
Upon Request	X	UponRequest

The Books Are In Care Of TheBooksAreInCareOf

Field	Value	IRS element (for citing)
Name Person	KOREAN SCHOOL ASSOCIATION INC	NamePerson
Telephone Number	2133883345	TelephoneNumber

Address US AddressUS

Field	Value	IRS element (for citing)
Address Line1	680 WILSHIRE PL 415	AddressLine1
City	LOS ANGELES	City
State	CA	State
ZIP Code	90005	ZIPCode

Field	Value	IRS element (for citing)
No Listed Persons Compensated	X	NoListedPersonsCompensated

Form990 Part VII Section A Form990PartVIISectionA (10 entries)

TitleTitle	Average Hours Per WeekAverageHoursPerWeek	Individual Trustee Or DirectorIndividualTrusteeOrDirector	Reportable Comp From OrganizationReportableCompFromOrganization	Reportable Comp From Related OrgsReportableCompFromRelatedOrgs	Other CompensationOtherCompensation
JAMES PARK
CHAIRMAN	2.00	X	0	0	0
YONG HAN KEUM
DIRECTOR	2.00	X	0	0	0
JEAN AHN
DIRECTOR	2.00	X	0	0	0
NAK JU LEE
DIRECTOR	2.00	X	0	0	0
JUNG SOO JU
DIRECTOR	2.00	X	0	0	0
KANGWON LEE
DIRECTOR	2.00	X	0	0	0
JUNG IN CHOE
DIRECTOR	2.00	X	0	0	0
EYOUNG KUL YUN
DIRECTOR	2.00	X	0	0	0
SUZIE OH
DIRECTOR	2.00	X	0	0	0
SEBASTIAN HAN
DIRECTOR	2.00	X	0	0	0

Field	Value	IRS element (for citing)
Formers Listed	false	FormersListed
Total Comp GT150 K	false	TotalCompGT150K
Compensation From Other Sources	false	CompensationFromOtherSources
Membership Dues	11900	MembershipDues
All Other Contributions	47220	AllOtherContributions
Total Contributions	59120	TotalContributions

Program Service Revenue ProgramServiceRevenue (3 entries)

DescriptionDescription	Total Revenue ColumnTotalRevenueColumn	Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome
EVENT & CONFERENCE	50184	50184
SALE OF SAT BOOKS	17339	17339
OTHER	2162	2162

Field	Value	IRS element (for citing)
Total Program Service Revenue	69685	TotalProgramServiceRevenue

Total Revenue TotalRevenue

Field	Value	IRS element (for citing)
Total Revenue Column	128805	TotalRevenueColumn
Related Or Exempt Function Income	69685	RelatedOrExemptFunctionIncome

Other Salaries And Wages OtherSalariesAndWages

Field	Value	IRS element (for citing)
Total	26415	Total
Management And General	26415	ManagementAndGeneral

Payroll Taxes PayrollTaxes

Field	Value	IRS element (for citing)
Total	2210	Total
Management And General	2210	ManagementAndGeneral

Fees For Services Accounting FeesForServicesAccounting

Field	Value	IRS element (for citing)
Total	2400	Total
Management And General	2400	ManagementAndGeneral

Advertising Advertising

Field	Value	IRS element (for citing)
Total	1400	Total
Program Services	1400	ProgramServices

Office Expenses OfficeExpenses

Field	Value	IRS element (for citing)
Total	19098	Total
Program Services	17377	ProgramServices
Management And General	1720	ManagementAndGeneral
Fundraising	1	Fundraising

Occupancy Occupancy

Field	Value	IRS element (for citing)
Total	7455	Total
Management And General	7455	ManagementAndGeneral

Travel Entrtnmnt Public Officials TravelEntrtnmntPublicOfficials

Field	Value	IRS element (for citing)
Total	3000	Total
Management And General	3000	ManagementAndGeneral

Conferences Meetings ConferencesMeetings

Field	Value	IRS element (for citing)
Total	74001	Total
Program Services	71708	ProgramServices
Management And General	2293	ManagementAndGeneral

Insurance Insurance

Field	Value	IRS element (for citing)
Total	529	Total
Management And General	529	ManagementAndGeneral

Other Expenses OtherExpenses (4 entries)

DescriptionDescription	TotalTotal	Management And GeneralManagementAndGeneral	Program ServicesProgramServices
BUSINESS PROMOTION	4655	4655
WEBSITE	3124	3124
SUPPORTING FOR OTHER ORG	2300		2300
TELEPHONE	2154	2154

All Other Expenses AllOtherExpenses

Field	Value	IRS element (for citing)
Total	4590	Total
Program Services	2000	ProgramServices
Management And General	2590	ManagementAndGeneral

Total Functional Expenses TotalFunctionalExpenses

Field	Value	IRS element (for citing)
Total	153331	Total
Program Services	94785	ProgramServices
Management And General	58545	ManagementAndGeneral
Fundraising	1	Fundraising

Cash Non Interest Bearing CashNonInterestBearing

Field	Value	IRS element (for citing)
BOY	49807	BOY
EOY	24849	EOY

Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges

Field	Value	IRS element (for citing)
BOY	565	BOY

Other Assets Total OtherAssetsTotal

Field	Value	IRS element (for citing)
BOY	1166	BOY

Total Assets TotalAssets

Field	Value	IRS element (for citing)
BOY	51538	BOY
EOY	24849	EOY

Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses

Field	Value	IRS element (for citing)
BOY	2764	BOY
EOY	1767	EOY

Total Liabilities TotalLiabilities

Field	Value	IRS element (for citing)
BOY	2764	BOY
EOY	1767	EOY

Field	Value	IRS element (for citing)
Follow SFAS117	X	FollowSFAS117

Unrestricted Net Assets UnrestrictedNetAssets

Field	Value	IRS element (for citing)
BOY	48774	BOY
EOY	23082	EOY

Total Net Assets Fund Balances TotalNetAssetsFundBalances

Field	Value	IRS element (for citing)
BOY	48774	BOY
EOY	23082	EOY

Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances

Field	Value	IRS element (for citing)
BOY	51538	BOY
EOY	24849	EOY

Field	Value	IRS element (for citing)
Reconcilation Revenue Expenses	-24526	ReconcilationRevenueExpenses
Reconcilation Other Changes	-1166	ReconcilationOtherChanges
Method Of Accounting Cash	X	MethodOfAccountingCash
Accountant Compile Or Review	false	AccountantCompileOrReview
FS Audited	false	FSAudited
Federal Grant Audit Required	false	FederalGrantAuditRequired

Schedule A IRS990ScheduleA

Field	Value	IRS element (for citing)
Publicly Supported Org509a2	X	PubliclySupportedOrg509a2

Gifts Grants Contrib Received509 GiftsGrantsContribReceived509

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	50750	CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years	43606	CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years	86774	CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year	75775	CurrentTaxYearMinus1Year
Current Tax Year	59120	CurrentTaxYear
Total	316025	Total

Gross Receipts From Admissions GrossReceiptsFromAdmissions

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	65417	CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years	76583	CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years	45269	CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year	19136	CurrentTaxYearMinus1Year
Current Tax Year	69685	CurrentTaxYear
Total	276090	Total

Total509 Total509

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	116167	CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years	120189	CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years	132043	CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year	94911	CurrentTaxYearMinus1Year
Current Tax Year	128805	CurrentTaxYear
Total	592115	Total

Field	Value	IRS element (for citing)
Public Support Total509	592115	PublicSupportTotal509

Gross Investment Income509 GrossInvestmentIncome509

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	412	CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years	126	CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years	44	CurrentTaxYearMinus2Years
Total	582	Total

Investment Income And UBTI InvestmentIncomeAndUBTI

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	412	CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years	126	CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years	44	CurrentTaxYearMinus2Years
Total	582	Total

Total Support Total TotalSupportTotal

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	116579	CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years	120315	CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years	132087	CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year	94911	CurrentTaxYearMinus1Year
Current Tax Year	128805	CurrentTaxYear
Total	592697	Total

Field	Value	IRS element (for citing)
Public Support Percentage509	0.99900	PublicSupportPercentage509
Prior Year Support Percentage	0.99850	PriorYearSupportPercentage
Investment Income Percentage	0.00000	InvestmentIncomePercentage
Thirty Three Percnt Tests CY509	X	ThirtyThreePercntTestsCY509

Schedule O IRS990ScheduleO

General Explanation GeneralExplanation (4 entries)

IdentifierIdentifier	Return ReferenceReturnReference	ExplanationExplanation
ORGANIZATION'S MISSION	FORM 990 - ORGANIZATION'S MISSION	1. TO ENHANCE THE MUTUAL RELATIONSHIP AND COOPERATION BETWEEN KOREAN SCHOOLS IN AMERICA, 2. TO HELP IMPROVE THE QUALITY OF KOREAN LANGUAGE AND CHULTURE EDUCATION AND EXPAND THE BASE THEREOF, 3. TO HELP PROMOTE THE PRIDE OF THE DESCENDANTS OF KOREANS AND ESTABLISH THE IDENTITY THROUGH SOUND KOREAN LANGUAGE AND CULTURE EDUCATION, AND 4. TO PROVIDE RECOMMENDATIONS ON THE BILINGUAL EDUCAITON POLICY IN KOREAN AND AMERICA AND COOPERATE THEREIN.
ORGANIZATION'S PROCESS USED TO REVIEW FORM 990	FORM 990, PAGE 6, PART VI, LINE 11B	BOARD OF DIRECTORS REVIEW FORM 990
GOVERNING DOCUMENTS DISCLOSURE EXPLANATION	FORM 990, PAGE 6, PART VI, LINE 19	UPON REQUEST
OTHER CHANGES IN NET ASSETS EXPLANATION	FORM 990, PART XI, LINE 9	PRIOR PERIOD ADJUSTMENT 1,166