Nonprofit · EIN 26-1669059
KOREAN ACADEMY OF COLORADO INC
Tax-exempt · ENGLEWOOD, CO 80111
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990-EZ | $168,492 | $141,431 | $27,061 | $244,554 | $50,133 | $194,421 |
| June 30, 2024 | 990-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.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| JIYEON PARK | Principal | 5 | $0 |
| BRETT E MYERS | Recorder | 1 | $0 |
| JUN SANG PARK | President | 1 | $0 |
| ERIC ERVIN | Vice President | 1 | $0 |
| DAVID CHUNG | Treasurer | 1 | $0 |
| MOONSUN CHANG | Director | 1 | $0 |
| SOHEE MYERS | Director | 1 | $0 |
990-EZ for the year ended June 30, 2024: 6 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| JIYEON PARK | Principal | 5 | $0 |
| BRETT E MYERS | Recorder | 1 | $0 |
| JUN SANG PARK | President | 1 | $0 |
| ERIC ERVIN | Vice President | 1 | $0 |
| DAVID CHUNG | Treasurer | 1 | $0 |
| MOONSUN CHANG | Secretary | 1 | $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
- Website
- www.koreanacademyco.org/
- Return prepared by
- JS PARK CPA LLC
Mission
Korean Language and Culture Education
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 semestersExpenses $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 year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | 990-EZ on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990-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
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-EZ | June 2025 | $168,492 | $141,431 | $244,554 | IRS |
| 990-EZ | June 2024 | $108,253 | $131,495 | $203,933 | XML |
| 990-EZ | June 2023 | – | – | – | IRS |
| 990-EZ | June 2022 | – | – | – | IRS |
| 990-EZ | June 2021 | – | – | – | IRS |
| 990-EZ | June 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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