Nonprofit · EIN 82-3464911
AK LEE SCHOLARSHIP
Tax-exempt · ARLINGTON HTS, IL 60004
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990-EZ | $20,000 | $18,325 | $1,675 | $6,496 | – | $6,496 |
| December 31, 2024 | 990-EZ | $17,000 | $16,179 | $821 | $4,821 | – | $4,821 |
| December 31, 2023 | 990-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.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| ALEX LEE | PRESIDENT | 10 | $0 |
| KAY LEE | TREASURER | 10 | $0 |
990-EZ for the year ended December 31, 2024: 2 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| ALEX LEE | PRESIDENT | 10 | $0 |
| KAY LEE | TREASURER | 10 | $0 |
990-EZ for the year ended December 31, 2023: 2 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| ALEX LEE | PRESIDENT | 10 | $0 |
| KAY LEE | TREASURER | 10 | $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
- Website
- AKLEESCHOLARSHIP.ORG
- Return prepared by
- PH Accounting & Tax Service Inc
Mission
PROMOTE HIGHER EDUCATIONAL OPPORTUNITES FOR DESERVING STUDENTS ENTERNING COLLEGE AND GRADUATE SCHOOL BY PROVIDING SCHOLARSHIPS
Program accomplishments
- GRANTS AND SCHOLARSHIPS TO STUDENTSExpenses $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 year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | 990-N on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990-N on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990-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
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-N for 2025 Officer: Sang Lee | December 31, 2025 | ≤ $50,000 receipts | – | – | e-Postcard |
| 990-EZ | December 2025 | $20,000 | $18,325 | $6,496 | XML |
| 990-N for 2024 Officer: Sang K Lee | December 31, 2024 | ≤ $50,000 receipts | – | – | e-Postcard |
| 990-EZ | December 2024 | $17,000 | $16,179 | $4,821 | XML |
| 990-N for 2023 Officer: Sang K Lee | December 31, 2023 | ≤ $50,000 receipts | – | – | e-Postcard |
| 990-EZ | December 2023 | $10,000 | $13,281 | $4,000 | XML |
| 990-N for 2022 Officer: Sang K Lee | December 31, 2022 | ≤ $50,000 receipts | – | – | e-Postcard |
| 990-EZ | December 2022 | – | – | – | IRS |
| 990-EZ | December 2021 | – | – | – | IRS |
| 990-N for 2020 Officer: Sang K Lee | December 31, 2020 | ≤ $50,000 receipts | – | – | e-Postcard |
| 990-EZ | December 2020 | – | – | – | IRS |
| 990-N for 2019 Officer: Sang K Lee | December 31, 2019 | ≤ $50,000 receipts | – | – | e-Postcard |
| 990-EZ | December 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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