U S Soo Bahk Do Moo Duk Kwan Federation Inc
U S Soo Bahk Do Moo Duk Kwan Federation Inc: Stable Revenue, High Program Spending
EIN: 222219229 · Springfield, NJ · Updated: 2026-04-04
Is U S Soo Bahk Do Moo Duk Kwan Federation Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
U S Soo Bahk Do Moo Duk Kwan Federation Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About U S Soo Bahk Do Moo Duk Kwan Federation Inc
U S Soo Bahk Do Moo Duk Kwan Federation Inc (EIN: 222219229) is a nonprofit organization based in Springfield, NJ. The organization reported total revenue of $812K and total assets of $392K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of U S Soo Bahk Do Moo Duk Kwan Federation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates U S Soo Bahk Do Moo Duk Kwan Federation Inc with a Mission Score of 75 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, U S Soo Bahk Do Moo Duk Kwan Federation Inc allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.
Executive Compensation Analysis
Executive compensation is reported as $0 across all available filings, which suggests either volunteer leadership or compensation is reported under other expense categories.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of U S Soo Bahk Do Moo Duk Kwan Federation Inc's IRS 990 filings:
- Consistent reporting of $0 for officer, director, trustee, and key employee compensation across multiple years (e.g., 2022, 2021, 2020) raises questions about how leadership is compensated or if this is a reporting anomaly.
- The organization's liabilities have shown an increasing trend in recent years, from $275,725 in 2019 to $449,403 in 2022, which warrants further investigation.
Strengths
The following positive indicators were identified for U S Soo Bahk Do Moo Duk Kwan Federation Inc:
- The organization consistently allocates a high percentage of its expenses to programs, indicating a strong focus on its mission.
- Revenue has remained relatively stable over the past several years, demonstrating financial consistency (e.g., $683,048 in 2022 and $636,915 in 2021).
- Total assets have shown growth in some periods, such as from $233,664 in 2018 to $381,238 in 2022, indicating some financial stability.
Frequently Asked Questions about U S Soo Bahk Do Moo Duk Kwan Federation Inc
Is U S Soo Bahk Do Moo Duk Kwan Federation Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, U S Soo Bahk Do Moo Duk Kwan Federation Inc (EIN: 222219229) some concerns. Mission Score: 75/100. 2 red flags identified, 3 strengths noted.
How does U S Soo Bahk Do Moo Duk Kwan Federation Inc spend its money?
U S Soo Bahk Do Moo Duk Kwan Federation Inc directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to U S Soo Bahk Do Moo Duk Kwan Federation Inc tax-deductible?
U S Soo Bahk Do Moo Duk Kwan Federation Inc is registered as a tax-exempt nonprofit (EIN: 222219229). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What does U S Soo Bahk Do Moo Duk Kwan Federation Inc do?
U S Soo Bahk Do Moo Duk Kwan Federation Inc is a nonprofit organization in the Unknown sector, located in Springfield, New Jersey. It is classified under NTEE code Unknown.
How much revenue does U S Soo Bahk Do Moo Duk Kwan Federation Inc have?
U S Soo Bahk Do Moo Duk Kwan Federation Inc reported total revenue of $812,213. Based on 12 IRS 990 filings on record.
What are U S Soo Bahk Do Moo Duk Kwan Federation Inc's total assets?
U S Soo Bahk Do Moo Duk Kwan Federation Inc holds total assets of $392,149 as reported in IRS 990 filings.
Where is U S Soo Bahk Do Moo Duk Kwan Federation Inc located?
U S Soo Bahk Do Moo Duk Kwan Federation Inc is based in Springfield, New Jersey.
What is U S Soo Bahk Do Moo Duk Kwan Federation Inc's EIN?
U S Soo Bahk Do Moo Duk Kwan Federation Inc's Employer Identification Number (EIN) is 222219229. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is U S Soo Bahk Do Moo Duk Kwan Federation Inc?
U S Soo Bahk Do Moo Duk Kwan Federation Inc is classified under NTEE code Unknown (Unknown).
Is U S Soo Bahk Do Moo Duk Kwan Federation Inc a registered 501(c)(3)?
U S Soo Bahk Do Moo Duk Kwan Federation Inc appears in IRS records (EIN: 222219229). Check the IRS Tax Exempt Organization Search for the most current determination letter status.
Does U S Soo Bahk Do Moo Duk Kwan Federation Inc file IRS Form 990?
Yes, U S Soo Bahk Do Moo Duk Kwan Federation Inc has 12 IRS Form 990 filings on record. The most recent covers tax period 202212.
What was U S Soo Bahk Do Moo Duk Kwan Federation Inc's revenue in 2022?
In the 202212 filing period, U S Soo Bahk Do Moo Duk Kwan Federation Inc reported total revenue of $683,048, total expenses of $658,141, and net assets of $381,238.
Is U S Soo Bahk Do Moo Duk Kwan Federation Inc's revenue growing or declining?
U S Soo Bahk Do Moo Duk Kwan Federation Inc's revenue is growing. Revenue went from $636,915 (202112) to $683,048 (202212), a +7.2% change. Based on 12 filings on record.
What is U S Soo Bahk Do Moo Duk Kwan Federation Inc's most recent 990 filing?
The most recent IRS Form 990 filing for U S Soo Bahk Do Moo Duk Kwan Federation Inc covers tax period 202212. It shows revenue of $683,048, expenses of $658,141, total assets of $381,238, and liabilities of $449,403.
How much does U S Soo Bahk Do Moo Duk Kwan Federation Inc spend on programs vs administration?
Based on IRS 990 analysis, U S Soo Bahk Do Moo Duk Kwan Federation Inc allocates approximately 85% of expenses to program services, 10% to administrative costs, and 5% to fundraising. This indicates strong program focus.
Is U S Soo Bahk Do Moo Duk Kwan Federation Inc a trustworthy charity?
Based on AI analysis of IRS 990 data, U S Soo Bahk Do Moo Duk Kwan Federation Inc appears trustworthy. Mission Score: 75/100 (Good). 2 red flags identified. 3 strengths noted.
What are the red flags for U S Soo Bahk Do Moo Duk Kwan Federation Inc?
The following concerns were identified: Consistent reporting of $0 for officer, director, trustee, and key employee compensation across multiple years (e.g., 2022, 2021, 2020) raises questions about how leadership is compensated or if this is a reporting anomaly.. The organization's liabilities have shown an increasing trend in recent years, from $275,725 in 2019 to $449,403 in 2022, which warrants further investigation.. These flags are based on automated analysis of IRS 990 public filings and should be verified independently.
What are U S Soo Bahk Do Moo Duk Kwan Federation Inc's strengths?
Positive indicators for U S Soo Bahk Do Moo Duk Kwan Federation Inc include: The organization consistently allocates a high percentage of its expenses to programs, indicating a strong focus on its mission.. Revenue has remained relatively stable over the past several years, demonstrating financial consistency (e.g., $683,048 in 2022 and $636,915 in 2021).. Total assets have shown growth in some periods, such as from $233,664 in 2018 to $381,238 in 2022, indicating some financial stability.. These findings are derived from AI analysis of the organization's financial filings.
How does U S Soo Bahk Do Moo Duk Kwan Federation Inc compensate executives?
Executive compensation is reported as $0 across all available filings, which suggests either volunteer leadership or compensation is reported under other expense categories. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
Given the reported $0 executive compensation, how does the organization attract and retain leadership, and where are leadership-related costs accounted for in the financial statements?
The consistent reporting of $0 for executive compensation suggests either a fully volunteer-led organization or that compensation for key personnel is categorized under other expense lines, such as 'salaries and wages' within program or administrative expenses, rather than explicitly as officer compensation. Further detail from the full Form 990 would be needed to clarify this.
What factors contributed to the significant increase in liabilities from $275,725 in 2019 to $449,403 in 2022, and what is the nature of these liabilities?
The provided data does not specify the nature of the liabilities. An increase from $275,725 in 2019 to $449,403 in 2022 could be due to various factors such as new debt, deferred revenue, or increased accounts payable. A detailed balance sheet from the full Form 990 would be necessary to understand the composition and implications of this increase.
Filing History
IRS 990 filing history for U S Soo Bahk Do Moo Duk Kwan Federation Inc showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2011–2022), U S Soo Bahk Do Moo Duk Kwan Federation Inc's revenue has grown by 13.9%, moving from $600K to $683K. Total assets increased by 69.5% over the same period, from $225K to $381K. Total functional expenses rose by 6.2%, from $620K to $658K. In its most recent filing year (2022), U S Soo Bahk Do Moo Duk Kwan Federation Inc reported a surplus of $25K, with revenue exceeding expenses. The organization holds $449K in liabilities against $381K in assets (debt-to-asset ratio: 117.9%), resulting in net assets of $-68,165.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2022 | $683K | $658K | $381K | $449K | — | View 990 |
| 2021 | $637K | $629K | $492K | $563K | — | View 990 |
| 2020 | $399K | $554K | $320K | $422K | — | View 990 |
| 2019 | $789K | $723K | $320K | $276K | — | — |
| 2018 | $653K | $658K | $234K | $256K | — | View 990 |
| 2017 | $644K | $607K | $277K | $292K | — | View 990 |
| 2016 | $638K | $578K | $214K | $272K | — | View 990 |
| 2015 | $596K | $773K | $163K | $283K | — | View 990 |
| 2014 | $706K | $682K | $243K | $185K | — | View 990 |
| 2013 | $671K | $721K | $179K | $144K | — | View 990 |
| 2012 | $668K | $689K | $218K | $133K | — | View 990 |
| 2011 | $600K | $620K | $225K | $119K | — | View 990 |
Year-by-Year Financial Summary
- 2022: Revenue of $683K, expenses of $658K, and assets of $381K (revenue +7.2% year-over-year).
- 2021: Revenue of $637K, expenses of $629K, and assets of $492K (revenue +59.7% year-over-year).
- 2020: Revenue of $399K, expenses of $554K, and assets of $320K (revenue -49.4% year-over-year).
- 2019: Revenue of $789K, expenses of $723K, and assets of $320K (revenue +20.7% year-over-year).
- 2018: Revenue of $653K, expenses of $658K, and assets of $234K (revenue +1.4% year-over-year).
- 2017: Revenue of $644K, expenses of $607K, and assets of $277K (revenue +0.9% year-over-year).
- 2016: Revenue of $638K, expenses of $578K, and assets of $214K (revenue +7.1% year-over-year).
- 2015: Revenue of $596K, expenses of $773K, and assets of $163K (revenue -15.6% year-over-year).
- 2014: Revenue of $706K, expenses of $682K, and assets of $243K (revenue +5.2% year-over-year).
- 2013: Revenue of $671K, expenses of $721K, and assets of $179K (revenue +0.5% year-over-year).
- 2012: Revenue of $668K, expenses of $689K, and assets of $218K (revenue +11.3% year-over-year).
- 2011: Revenue of $600K, expenses of $620K, and assets of $225K.
Data Sources and Methodology
This transparency report for U S Soo Bahk Do Moo Duk Kwan Federation Inc is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.