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Nonprofit · EIN 26-1669059

KOREAN ACADEMY OF COLORADO INC

Tax-exempt · ENGLEWOOD, CO 80111

Financials

$108K$131K2023$168K$141K2024
Revenue Expenses · by fiscal year end
Financials of KOREAN ACADEMY OF COLORADO INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
June 30, 2025990-EZ$168,492$141,431$27,061$244,554$50,133$194,421
June 30, 2024990-EZ$108,253$131,495-$23,242$203,933$36,573$167,360
Financial details: 990-EZ for the year ended June 30, 2025

Revenue

Contributions, gifts and grants
$34,880
Program service revenue
$125,901
Investment income
$7,711

Expenses

Compensation of officers, directors and key employees
$0
Salaries, compensation and benefits (total)
$78,440
Professional fees and payments to contractors
$1,000
Occupancy
$27,455
Printing, publications and postage
$41
Other expenses
$34,495
Program services (functional)
$141,371

Balance sheet and other

Total assets, start of year
$203,933
Total assets, end of year
$244,554
Total liabilities, end of year
$50,133
Net assets, end of year
$194,421
Cash, savings and investments
$240,055
Gross receipts
$168,492

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990-EZ for the year ended June 30, 2025, highest compensation first.

NameTitleHours / weekCompensation
JIYEON PARKPrincipal5$0
BRETT E MYERSRecorder1$0
JUN SANG PARKPresident1$0
ERIC ERVINVice President1$0
DAVID CHUNGTreasurer1$0
MOONSUN CHANGDirector1$0
SOHEE MYERSDirector1$0
990-EZ for the year ended June 30, 2024: 6 people
NameTitleHours / weekCompensation
JIYEON PARKPrincipal5$0
BRETT E MYERSRecorder1$0
JUN SANG PARKPresident1$0
ERIC ERVINVice President1$0
DAVID CHUNGTreasurer1$0
MOONSUN CHANGSecretary1$0

Address and contacts

Address (IRS master file)
5458 S IOLA WAY, ENGLEWOOD, CO 80111-3819
In care of
% JUN SANG PARK
Mailing address (990-N for 2014)
10855 GLENGATE LOOP, HIGHLANDS RANCHQ CO 80130
Principal officer (990-N for 2014)
BRETT MYERS, 10855 GLENGATE LOOP, HIGHLANDS RANCH CO 80130
Signed the 990-EZ
JUN SANG PARK, ACCOUNTANT
Return prepared by
JS PARK CPA LLC

Mission

Korean Language and Culture Education

990-EZ for the year ended June 30, 2025

Program accomplishments

  • The Korean Academy of Colorado offered 3 hours of language and cultural education to the public on Saturdays and online during the fall and spring semesters
    Expenses $141,371

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in June, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025June 30, 2026November 16, 2026Not due yet
2024June 30, 2025November 17, 2025990-EZ on file
2023June 30, 2024November 15, 2024990-EZ on file

IRS record

EIN
26-1669059
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (509(a)(2))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
2008
Accounting year ends
June
Files
Form 990 or 990-EZ
Category (NTEE)
Education (B90)
Assets (IRS master file)
$244,554
Income (IRS master file)
$168,492

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-EZJune 2025$168,492$141,431$244,554IRS
990-EZJune 2024$108,253$131,495$203,933XML
990-EZJune 2023–––IRS
990-EZJune 2022–––IRS
990-EZJune 2021–––IRS
990-EZJune 2019–––IRS
990-N for 2014
Officer: BRETT MYERS
June 30, 2015≤ $50,000 receipts––e-Postcard

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 26-1669059).

Questions about KOREAN ACADEMY OF COLORADO INC

What is the EIN of KOREAN ACADEMY OF COLORADO INC?
The employer identification number (EIN) of KOREAN ACADEMY OF COLORADO INC is 26-1669059.
Is KOREAN ACADEMY OF COLORADO INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2008.
Are donations to KOREAN ACADEMY OF COLORADO INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does KOREAN ACADEMY OF COLORADO INC file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of KOREAN ACADEMY OF COLORADO INC due?
The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did KOREAN ACADEMY OF COLORADO INC last file with the IRS?
The latest return in the IRS public files is the 990-EZ for the year ended June 2025.
Who is the principal officer of KOREAN ACADEMY OF COLORADO INC?
The 990-N for 2014 names BRETT MYERS.
Who are the officers and directors of KOREAN ACADEMY OF COLORADO INC?
The 990-EZ for the year ended June 30, 2025 lists 7 people; 0 received compensation from the organization.
How much revenue does KOREAN ACADEMY OF COLORADO INC have?
On its 990-EZ for the year ended June 30, 2025 it reported revenue of $168,492, expenses of $141,431 and total assets of $244,554 at year end.

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