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Nonprofit · EIN 82-3464911

AK LEE SCHOLARSHIP

Tax-exempt · ARLINGTON HTS, IL 60004

Financials

$10K$13K2023$17K$16K2024$20K$18K2025
Revenue Expenses · by fiscal year end
Financials of AK LEE SCHOLARSHIP by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2025990-EZ$20,000$18,325$1,675$6,496–$6,496
December 31, 2024990-EZ$17,000$16,179$821$4,821–$4,821
December 31, 2023990-EZ$10,000$13,281-$3,281$4,000–$4,000
Financial details: 990-EZ for the year ended December 31, 2025

Revenue

Contributions, gifts and grants
$20,000
Program service revenue
$0
Investment income
$0

Expenses

Grants and similar amounts paid
$15,500
Compensation of officers, directors and key employees
$0
Professional fees and payments to contractors
$1,025
Other expenses
$1,800
Program services (functional)
$15,500

Balance sheet and other

Total assets, start of year
$4,821
Total assets, end of year
$6,496
Total liabilities, end of year
–
Net assets, end of year
$6,496
Cash, savings and investments
$6,496
Gross receipts
$20,000

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 December 31, 2025, highest compensation first.

NameTitleHours / weekCompensation
ALEX LEEPRESIDENT10$0
KAY LEETREASURER10$0
990-EZ for the year ended December 31, 2024: 2 people
NameTitleHours / weekCompensation
ALEX LEEPRESIDENT10$0
KAY LEETREASURER10$0
990-EZ for the year ended December 31, 2023: 2 people
NameTitleHours / weekCompensation
ALEX LEEPRESIDENT10$0
KAY LEETREASURER10$0

Address and contacts

Address (IRS master file)
1621 N CLARENCE AVE, ARLINGTON HTS, IL 60004-4001
In care of
% SANG LEE
Mailing address (990-N for 2025)
47 Monterey Dr, Vernon Hills IL 60061
Principal officer (990-N for 2025)
Sang Lee, 47 Monterey Dr, Vernon Hills IL 60061
Signed the 990-EZ
ALEX LEE, PRESIDENT
Phone
(847) 873-2407
Return prepared by
PH Accounting & Tax Service Inc

Mission

PROMOTE HIGHER EDUCATIONAL OPPORTUNITES FOR DESERVING STUDENTS ENTERNING COLLEGE AND GRADUATE SCHOOL BY PROVIDING SCHOLARSHIPS

990-EZ for the year ended December 31, 2025

Program accomplishments

  • GRANTS AND SCHOLARSHIPS TO STUDENTS
    Expenses $15,500 · grants $15,500

What it must file and when

IRS records say it files Form 990-N (e-Postcard). Gross receipts normally $50,000 or less. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026990-N on file
2024December 31, 2024May 15, 2025990-N on file
2023December 31, 2023May 15, 2024990-N on file

IRS record

EIN
82-3464911
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
2017
Accounting year ends
December
Files
Form 990-N (e-Postcard)
Category (NTEE)
Education (B12)
Assets (IRS master file)
$6,496
Income (IRS master file)
$20,000

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-N for 2025
Officer: Sang Lee
December 31, 2025≤ $50,000 receipts––e-Postcard
990-EZDecember 2025$20,000$18,325$6,496XML
990-N for 2024
Officer: Sang K Lee
December 31, 2024≤ $50,000 receipts––e-Postcard
990-EZDecember 2024$17,000$16,179$4,821XML
990-N for 2023
Officer: Sang K Lee
December 31, 2023≤ $50,000 receipts––e-Postcard
990-EZDecember 2023$10,000$13,281$4,000XML
990-N for 2022
Officer: Sang K Lee
December 31, 2022≤ $50,000 receipts––e-Postcard
990-EZDecember 2022–––IRS
990-EZDecember 2021–––IRS
990-N for 2020
Officer: Sang K Lee
December 31, 2020≤ $50,000 receipts––e-Postcard
990-EZDecember 2020–––IRS
990-N for 2019
Officer: Sang K Lee
December 31, 2019≤ $50,000 receipts––e-Postcard
990-EZDecember 2018–––IRS

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 82-3464911).

Questions about AK LEE SCHOLARSHIP

What is the EIN of AK LEE SCHOLARSHIP?
The employer identification number (EIN) of AK LEE SCHOLARSHIP is 82-3464911.
Is AK LEE SCHOLARSHIP tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2017.
Are donations to AK LEE SCHOLARSHIP tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does AK LEE SCHOLARSHIP file?
Form 990-N (e-Postcard). Gross receipts normally $50,000 or less.
When is the next return of AK LEE SCHOLARSHIP due?
The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
When did AK LEE SCHOLARSHIP last file with the IRS?
The latest return in the IRS public files is the 990-N for 2025 for the year ended December 31, 2025.
Who is the principal officer of AK LEE SCHOLARSHIP?
The 990-N for 2025 names Sang Lee.
Who are the officers and directors of AK LEE SCHOLARSHIP?
The 990-EZ for the year ended December 31, 2025 lists 2 people; 0 received compensation from the organization.
How much revenue does AK LEE SCHOLARSHIP have?
On its 990-EZ for the year ended December 31, 2025 it reported revenue of $20,000, expenses of $18,325 and total assets of $6,496 at year end.

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