{"success":true,"data":{"_id":850795572,"filings":[{"Organization":{"value":null,"Person":["MARK LEE","SUNGSOOK LEE","DIANA LEE","MARCUS LEE"],"Title":["DIRECTOR & PRESIDENT","DIRECTOR & VICE-PRESIDENT","TREASURER","SECRETARY"],"Hours":[3.0,3.0,1.0,0.0],"Total Compensation":[0,0,0,0],"Direct compensation":[0,0,0,0],"Other compensation":[0,0,0,0]},"Basic":{"value":null,"mission":"Spread god's love, promises and grace by delivering humanitarian aid and relief to the poor.","year":2021,"name":"KAESONG FOUNDATION","phone":9199283894,"website":null,"type":"990","affiliation":null,"foreign_countries":null,"principal_officer":"MARK LEE","year_formation":2020,"state_legal_domicile":"NC","total_volunteers":0,"tax_period_begin":"2021-01-01T00:00:00","tax_period_end":"2021-12-31T00:00:00","address":"2545 FINKLE GRANT DRIVE, NEW HILL, NC, 27562, USA","city":"NEW HILL","state":"NC","country":"USA","zip_code":27562},"Governance":{"value":null,"501c3 determination":true,"501c determination":false,"Number of voting members":4,"Number of independent voting members":4,"Number of employees total":0,"Total Gross UBI":0,"Net unrelated business taxable income":0,"Number of employees":0,"Prohibited tax shelter transactions":true,"Taxable party notification":true,"Funds to pay premiums":false,"Premiums Paid":false,"Family or business relationship":true,"Delegation of management duties":true,"Conflict of interest policy":true,"Whistle blower policy":true,"Compensation process for CEO":true,"Compensation process for other employees":true,"Changes to organizing documents":true,"Material diversion or misuse":true,"Members or stockholders":true,"Election of board members":true,"Decisions subject to approval":true,"Minutes of governing body":true,"Local chapters":true,"Form 990 provided to governing body":true,"Document retention policy":true,"Investment in joint venture":true,"Independent audit financial statements":true,"Consolidated audit financial statements":true,"Accountant compile or review":true,"Political activities":true,"Donor advised funds":true,"Conservation easements":true,"Collections of art":true,"School":true,"Hospital":true,"Foreign activities":true,"Foreign office":true,"Gaming":true,"Fundraising activities":true,"Professional fundraising":true,"Loan to officer or DQP":true,"Grant to related person":true,"Business relationship through family member":true,"Business relationship with organization":true},"Revenues":{"value":115555,"Contributions":{"value":101995,"Other contributions":101995,"Contributions from gifts and grants":0,"Fundraising revenue":0,"Dues":0,"Campaigns":0,"Grant revenue":0,"Related organizations":0},"Program revenue":{"value":0,"Total revenue":0,"Total other revenue":0,"Unrelated business revenue":0},"Investment income":{"value":13560,"Investment income total":13560,"Net investment gain":0,"Income from invest bond proceeds":0},"Other revenues":{"value":0,"Other total":0,"Royalties revenue":0,"Net rental income":0,"Net income from fundraising events":0,"Net income from gaming":0,"Net income":0,"Gross profit from sales of inventory":0,"Gain from sale of assets":0}},"Expenses":{"value":39130,"Grant expense":{"value":24000,"Grants to domestic orgs":24000,"Grants to domestic individuals":0,"Grants and similar":0,"Foreign grants":0},"Total professional fundraising expense":{"value":0,"Fundraising professional":0,"Fees to independent contractors":0},"Benefits paid to members":{"value":0,"Benefits paid to members Total":0},"Salaries":{"value":0,"Current officers":0,"Disqualified persons":0,"Other salaries and wages":0,"Pension plan contributions":0,"Other employee benefits":0,"Payroll taxes":0},"Other expenses":{"value":15130,"Management services":0,"Legal":420,"Accounting":0,"Lobbying services":0,"Investment management fees":0,"Other services":135,"Advertising":0,"Office expenses":965,"Information technology":0,"Royalties":0,"Occupancy":0,"Travel":1020,"Conferences and meetings":9600,"Interest":0,"Payments to affiliates":0,"Depreciation and depletion":0,"Insurance":0,"Travel entertainment public officials":0,"Travel entertainment payments":0,"Printing, publications, postage":0,"Itemized Expenses":{"value":2990,"PHONE EXPENSE":1680,"INTERNET EXPENSE":1310},"All other expenses":0},"Functional Expenses":{"value":null,"Program Service Expenses":24000,"Management And General Expenses":15130,"Fundraising Expenses":0}},"Assets":{"value":422478,"Non-interest bearing cash":2000,"Savings and temp cash investments":269579,"Pledges and grants receivable":0,"Accounts receivable":0,"Receivables from officers":0,"Receivables from disqual persons":0,"Other net note and loans":0,"Inventories for sale or use":0,"Prepaid expenses deferred charges":0,"Land, building, equipment":0,"Investments publicly traded":150899,"Investments other":0,"Investments program related":0,"Intangible assets":0,"Other assets":0},"Liabilities":{"value":0,"Sum of Total Liabilities":0,"Accounts payable, accrued":0,"Grants payable":0,"Deferred, revenue":0,"Tax exempt bond liabilities":0,"Escrow account liability":0,"Loans from officers, directors":0,"Secured mortgages and notes payable":0,"Unsecured notes loans payable":0,"Other liabilities":0},"Fund balance":{"value":422478,"Net assets without donor restriction":0,"Net assets with donor restriction":0,"Unrestricted net assets":0,"Temporarily restricted net assets":0,"Permanently restricted net assets":0},"Ratings":{"Program Expense Ratio":{"score":0.6133401482238692,"percentile":0.4996419163316765},"Fundraising Efficiency":{"score":null,"percentile":null},"Operating Margin":{"score":0.6613733719873653,"percentile":0.9532386365604923},"Liabilities to Assets Ratio":{"score":0.0,"percentile":0.9977938754541298},"Operating Reserve Ratio":{"score":10.796779964221825,"percentile":0.8992445625825164},"Officer Compensation Ratio":{"score":null,"percentile":null},"Program Expense Growth":{"score":null,"percentile":null},"Revenue Growth":{"score":null,"percentile":null},"Asset Growth":{"score":null,"percentile":null},"Independent Voting Board Pct":{"score":1.0,"percentile":0.9933392423419786},"Governance Policy Score":{"score":6.0,"percentile":1.0},"Overall Score":{"score":0.7778741023109095,"percentile":0.943480929360811}},"source_xml":"202221049349301132_public.xml"},{"Organization":{"value":null,"Person":["MARK LEE","SUNGSOOK LEE","DIANA LEE","MARCUS LEE"],"Title":["PRESIDENT","VICE PRESIDENT","TREASURER","SECRETARY"],"Hours":[3.0,3.0,1.0,1.0],"Total Compensation":[0,0,0,0],"Direct compensation":[0,0,0,0],"Other compensation":[0,0,0,0]},"Basic":{"value":null,"mission":"Spread god's love, promises and grace by delivering humanitarian aid and relief to the poor.","year":2022,"name":"KAESONG FOUNDATION","phone":9199283894,"website":null,"type":"990","affiliation":null,"foreign_countries":null,"principal_officer":"MARK LEE","year_formation":2020,"state_legal_domicile":"NC","total_volunteers":4,"tax_period_begin":"2022-01-01T00:00:00","tax_period_end":"2022-12-31T00:00:00","address":"2545 FINKLE GRANT DRIVE, NEW HILL, NC, 27562, USA","city":"NEW HILL","state":"NC","country":"USA","zip_code":27562},"Governance":{"value":null,"501c3 determination":true,"501c determination":false,"Number of voting members":4,"Number of independent voting members":4,"Number of employees total":0,"Total Gross UBI":0,"Net unrelated business taxable income":0,"Number of employees":0,"Prohibited tax shelter transactions":true,"Taxable party notification":true,"Funds to pay premiums":false,"Premiums Paid":false,"Family or business relationship":true,"Delegation of management duties":true,"Conflict of interest policy":true,"Whistle blower policy":true,"Compensation process for CEO":true,"Compensation process for other employees":true,"Changes to organizing documents":true,"Material diversion or misuse":true,"Members or stockholders":true,"Election of board members":true,"Decisions subject to approval":true,"Minutes of governing body":true,"Local chapters":true,"Form 990 provided to governing body":true,"Document retention policy":true,"Investment in joint venture":true,"Independent audit financial statements":true,"Consolidated audit financial statements":true,"Accountant compile or review":true,"Political activities":true,"Donor advised funds":true,"Conservation easements":true,"Collections of art":true,"School":true,"Hospital":true,"Foreign activities":true,"Foreign office":true,"Gaming":true,"Fundraising activities":true,"Professional fundraising":true,"Loan to officer or DQP":true,"Grant to related person":true,"Business relationship through family member":true,"Business relationship with organization":true},"Revenues":{"value":115726,"Contributions":{"value":100000,"Other contributions":100000,"Contributions from gifts and grants":0,"Fundraising revenue":0,"Dues":0,"Campaigns":0,"Grant revenue":0,"Related organizations":0},"Program revenue":{"value":0,"Total revenue":0,"Total other revenue":0,"Unrelated business revenue":0},"Investment income":{"value":15726,"Investment income total":15726,"Net investment gain":0,"Income from invest bond proceeds":0},"Other revenues":{"value":0,"Other total":0,"Royalties revenue":0,"Net rental income":0,"Net income from fundraising events":0,"Net income from gaming":0,"Net income":0,"Gross profit from sales of inventory":0,"Gain from sale of assets":0}},"Expenses":{"value":57426,"Grant expense":{"value":34000,"Grants to domestic orgs":34000,"Grants to domestic individuals":0,"Grants and similar":0,"Foreign grants":0},"Total professional fundraising expense":{"value":0,"Fundraising professional":0,"Fees to independent contractors":0},"Benefits paid to members":{"value":0,"Benefits paid to members Total":0},"Salaries":{"value":0,"Current officers":0,"Disqualified persons":0,"Other salaries and wages":0,"Pension plan contributions":0,"Other employee benefits":0,"Payroll taxes":0},"Other expenses":{"value":23426,"Management services":0,"Legal":420,"Accounting":1600,"Lobbying services":0,"Investment management fees":0,"Other services":0,"Advertising":0,"Office expenses":1959,"Information technology":960,"Royalties":0,"Occupancy":0,"Travel":113,"Conferences and meetings":12557,"Interest":0,"Payments to affiliates":0,"Depreciation and depletion":0,"Insurance":0,"Travel entertainment public officials":0,"Travel entertainment payments":0,"Printing, publications, postage":0,"Itemized Expenses":{"value":5817,"PHONE EXPENSE":5342,"MEALS":468,"INVESTMENT TAX":7},"All other expenses":0},"Functional Expenses":{"value":null,"Program Service Expenses":34000,"Management And General Expenses":23426,"Fundraising Expenses":0}},"Assets":{"value":452206,"Non-interest bearing cash":102582,"Savings and temp cash investments":227297,"Pledges and grants receivable":0,"Accounts receivable":0,"Receivables from officers":0,"Receivables from disqual persons":0,"Other net note and loans":0,"Inventories for sale or use":0,"Prepaid expenses deferred charges":0,"Land, building, equipment":0,"Investments publicly traded":122327,"Investments other":0,"Investments program related":0,"Intangible assets":0,"Other assets":0},"Liabilities":{"value":0,"Sum of Total Liabilities":0,"Accounts payable, accrued":0,"Grants payable":0,"Deferred, revenue":0,"Tax exempt bond liabilities":0,"Escrow account liability":0,"Loans from officers, directors":0,"Secured mortgages and notes payable":0,"Unsecured notes loans payable":0,"Other liabilities":0},"Fund balance":{"value":452206,"Net assets without donor restriction":0,"Net assets with donor restriction":0,"Unrestricted net assets":0,"Temporarily restricted net assets":0,"Permanently restricted net assets":0},"Ratings":{"Program Expense Ratio":{"score":0.5920663114268798,"percentile":0.49349749865064085},"Fundraising Efficiency":{"score":null,"percentile":null},"Operating Margin":{"score":0.5037761609318563,"percentile":0.9193994553138691},"Liabilities to Assets Ratio":{"score":0.0,"percentile":0.9977938754541298},"Operating Reserve Ratio":{"score":7.874586424267753,"percentile":0.8670916376850929},"Officer Compensation Ratio":{"score":null,"percentile":null},"Program Expense Growth":{"score":0.22499999999999998,"percentile":0.8234076063345276},"Revenue Growth":{"score":-0.6315286289441236,"percentile":0.014463649239567944},"Asset Growth":{"score":0.13723296618325695,"percentile":0.7608532737920847},"Independent Voting Board Pct":{"score":1.0,"percentile":0.9933392423419786},"Governance Policy Score":{"score":6.0,"percentile":1.0},"Overall Score":{"score":0.7007092139327795,"percentile":0.8499766917854092}},"source_xml":"202301749349300625_public.xml"},{"Organization":{"value":null,"Person":["MARK LEE","SUNGSOOK LEE","DIANA LEE"],"Title":["PRESIDENT","VICE PRESIDENT","TREASURER"],"Hours":[3.0,3.0,1.0],"Total Compensation":[0,0,0],"Direct compensation":[0,0,0],"Other compensation":[0,0,0]},"Basic":{"value":null,"mission":"Spread god's love, promises and grace by delivering humanitarian aid and relief to the poor.","year":2024,"name":"KAESONG FOUNDATION","phone":9199283894,"website":null,"type":"990","affiliation":null,"foreign_countries":null,"principal_officer":"MARK LEE","year_formation":2020,"state_legal_domicile":"NC","total_volunteers":3,"tax_period_begin":"2024-01-01T00:00:00","tax_period_end":"2024-12-31T00:00:00","address":"8909 OLD CREEDMOOR RD, RALEIGH, NC, 27613, USA","city":"RALEIGH","state":"NC","country":"USA","zip_code":27613},"Governance":{"value":null,"501c3 determination":true,"501c determination":false,"Number of voting members":3,"Number of independent voting members":0,"Number of employees total":0,"Total Gross UBI":0,"Net unrelated business taxable income":0,"Number of employees":0,"Prohibited tax shelter transactions":true,"Taxable party notification":true,"Funds to pay premiums":true,"Premiums Paid":true,"Family or business relationship":true,"Delegation of management duties":true,"Conflict of interest policy":true,"Whistle blower policy":true,"Compensation process for CEO":true,"Compensation process for other employees":true,"Changes to organizing documents":true,"Material diversion or misuse":true,"Members or stockholders":true,"Election of board members":true,"Decisions subject to approval":true,"Minutes of governing body":true,"Local chapters":true,"Form 990 provided to governing body":true,"Document retention policy":true,"Investment in joint venture":true,"Independent audit financial statements":true,"Consolidated audit financial statements":true,"Accountant compile or review":true,"Political activities":true,"Donor advised funds":true,"Conservation easements":true,"Collections of art":true,"School":true,"Hospital":true,"Foreign activities":true,"Foreign office":true,"Gaming":true,"Fundraising activities":true,"Professional fundraising":true,"Loan to officer or DQP":true,"Grant to related person":true,"Business relationship through family member":true,"Business relationship with organization":true},"Revenues":{"value":49787,"Contributions":{"value":20000,"Other contributions":20000,"Contributions from gifts and grants":0,"Fundraising revenue":0,"Dues":0,"Campaigns":0,"Grant revenue":0,"Related organizations":0},"Program revenue":{"value":0,"Total revenue":0,"Total other revenue":0,"Unrelated business revenue":0},"Investment income":{"value":29787,"Investment income total":21332,"Net investment gain":8455,"Income from invest bond proceeds":0},"Other revenues":{"value":0,"Other total":0,"Royalties revenue":0,"Net rental income":0,"Net income from fundraising events":0,"Net income from gaming":0,"Net income":0,"Gross profit from sales of inventory":0,"Gain from sale of assets":0}},"Expenses":{"value":47034,"Grant expense":{"value":25000,"Grants to domestic orgs":25000,"Grants to domestic individuals":0,"Grants and similar":0,"Foreign grants":0},"Total professional fundraising expense":{"value":0,"Fundraising professional":0,"Fees to independent contractors":0},"Benefits paid to members":{"value":0,"Benefits paid to members Total":0},"Salaries":{"value":0,"Current officers":0,"Disqualified persons":0,"Other salaries and wages":0,"Pension plan contributions":0,"Other employee benefits":0,"Payroll taxes":0},"Other expenses":{"value":22034,"Management services":0,"Legal":3575,"Accounting":1349,"Lobbying services":0,"Investment management fees":0,"Other services":0,"Advertising":0,"Office expenses":0,"Information technology":1344,"Royalties":0,"Occupancy":0,"Travel":0,"Conferences and meetings":12000,"Interest":0,"Payments to affiliates":0,"Depreciation and depletion":0,"Insurance":0,"Travel entertainment public officials":0,"Travel entertainment payments":0,"Printing, publications, postage":0,"Itemized Expenses":{"value":3766,"PHONE EXPENSE":3754,"INVESTMENT TAX":12},"All other expenses":0},"Functional Expenses":{"value":null,"Program Service Expenses":27565,"Management And General Expenses":18614,"Fundraising Expenses":855}},"Assets":{"value":518249,"Non-interest bearing cash":26771,"Savings and temp cash investments":369960,"Pledges and grants receivable":0,"Accounts receivable":0,"Receivables from officers":0,"Receivables from disqual persons":0,"Other net note and loans":0,"Inventories for sale or use":0,"Prepaid expenses deferred charges":0,"Land, building, equipment":0,"Investments publicly traded":121518,"Investments other":0,"Investments program related":0,"Intangible assets":0,"Other assets":0},"Liabilities":{"value":0,"Sum of Total Liabilities":0,"Accounts payable, accrued":0,"Grants payable":0,"Deferred, revenue":0,"Tax exempt bond liabilities":0,"Escrow account liability":0,"Loans from officers, directors":0,"Secured mortgages and notes payable":0,"Unsecured notes loans payable":0,"Other liabilities":0},"Fund balance":{"value":518249,"Net assets without donor restriction":0,"Net assets with donor restriction":0,"Unrestricted net assets":0,"Temporarily restricted net assets":0,"Permanently restricted net assets":0},"Ratings":{"Program Expense Ratio":{"score":0.5860653994982353,"percentile":0.49196889626449053},"Fundraising Efficiency":{"score":23.391812865497077,"percentile":0.6365004891527145},"Operating Margin":{"score":0.05529555908168799,"percentile":0.5366336375377317},"Liabilities to Assets Ratio":{"score":0.0,"percentile":0.9977938754541298},"Operating Reserve Ratio":{"score":11.018603563379683,"percentile":0.9011118860189008},"Officer Compensation Ratio":{"score":null,"percentile":null},"Program Expense Growth":{"score":0.07505927682276231,"percentile":0.6140714532378293},"Revenue Growth":{"score":-0.4725124476518461,"percentile":0.023988962585505386},"Asset Growth":{"score":0.09302541988915587,"percentile":0.6652164514847511},"Independent Voting Board Pct":{"score":0.0,"percentile":0.10798813433961453},"Governance Policy Score":{"score":6.0,"percentile":1.0},"Overall Score":{"score":0.543398801046673,"percentile":0.43812963926963194}},"source_xml":"202543169349304259_public.xml"},{"Organization":{"value":null,"Person":["MARK LEE","SUNGSOOK LEE","DIANA LEE","MARCUS LEE"],"Title":["DIRECTOR & PRESIDENT","DIRECTOR & VICE-PRESIDENT","TREASURER","SECRETARY"],"Hours":[3.0,3.0,1.0,0.0],"Total Compensation":[0,0,0,0],"Direct compensation":[0,0,0,0],"Other compensation":[0,0,0,0]},"Basic":{"value":null,"mission":"Spread god's love, promises and grace by delivering humanitarian aid and relief to the poor.","year":2020,"name":"KAESONG FOUNDATION","phone":9199283894,"website":null,"type":"990","affiliation":null,"foreign_countries":null,"principal_officer":"MARK LEE","year_formation":2020,"state_legal_domicile":"NC","total_volunteers":4,"tax_period_begin":"2020-04-16T00:00:00","tax_period_end":"2020-12-31T00:00:00","address":"2545 FINKLE GRANT DRIVE, NEW HILL, NC, 27562, USA","city":"NEW HILL","state":"NC","country":"USA","zip_code":27562},"Governance":{"value":null,"501c3 determination":true,"501c determination":false,"Number of voting members":4,"Number of independent voting members":4,"Number of employees total":0,"Total Gross UBI":0,"Net unrelated business taxable income":0,"Number of employees":0,"Prohibited tax shelter transactions":true,"Taxable party notification":true,"Funds to pay premiums":false,"Premiums Paid":false,"Family or business relationship":true,"Delegation of management duties":true,"Conflict of interest policy":true,"Whistle blower policy":true,"Compensation process for CEO":true,"Compensation process for other employees":true,"Changes to organizing documents":true,"Material diversion or misuse":true,"Members or stockholders":true,"Election of board members":true,"Decisions subject to approval":true,"Minutes of governing body":true,"Local chapters":true,"Form 990 provided to governing body":true,"Document retention policy":true,"Investment in joint venture":true,"Independent audit financial statements":true,"Consolidated audit financial statements":true,"Accountant compile or review":true,"Political activities":true,"Donor advised funds":true,"Conservation easements":true,"Collections of art":true,"School":true,"Hospital":true,"Foreign activities":true,"Foreign office":true,"Gaming":true,"Fundraising activities":true,"Professional fundraising":true,"Loan to officer or DQP":true,"Grant to related person":true,"Business relationship through family member":true,"Business relationship with organization":true},"Revenues":{"value":368060,"Contributions":{"value":368060,"Other contributions":368060,"Contributions from gifts and grants":0,"Fundraising revenue":0,"Dues":0,"Campaigns":0,"Grant revenue":0,"Related organizations":0},"Program revenue":{"value":0,"Total revenue":0,"Total other revenue":0,"Unrelated business revenue":0},"Investment income":{"value":0,"Investment income total":0,"Net investment gain":0,"Income from invest bond proceeds":0},"Other revenues":{"value":0,"Other total":0,"Royalties revenue":0,"Net rental income":0,"Net income from fundraising events":0,"Net income from gaming":0,"Net income":0,"Gross profit from sales of inventory":0,"Gain from sale of assets":0}},"Expenses":{"value":27074,"Grant expense":{"value":22000,"Grants to domestic orgs":22000,"Grants to domestic individuals":0,"Grants and similar":0,"Foreign grants":0},"Total professional fundraising expense":{"value":0,"Fundraising professional":0,"Fees to independent contractors":0},"Benefits paid to members":{"value":0,"Benefits paid to members Total":0},"Salaries":{"value":0,"Current officers":0,"Disqualified persons":0,"Other salaries and wages":0,"Pension plan contributions":0,"Other employee benefits":0,"Payroll taxes":0},"Other expenses":{"value":5074,"Management services":0,"Legal":5060,"Accounting":0,"Lobbying services":0,"Investment management fees":0,"Other services":14,"Advertising":0,"Office expenses":0,"Information technology":0,"Royalties":0,"Occupancy":0,"Travel":0,"Conferences and meetings":0,"Interest":0,"Payments to affiliates":0,"Depreciation and depletion":0,"Insurance":0,"Travel entertainment public officials":0,"Travel entertainment payments":0,"Printing, publications, postage":0,"Itemized Expenses":0,"All other expenses":0},"Functional Expenses":{"value":null,"Program Service Expenses":22000,"Management And General Expenses":5074,"Fundraising Expenses":0}},"Assets":{"value":340986,"Non-interest bearing cash":340986,"Savings and temp cash investments":0,"Pledges and grants receivable":0,"Accounts receivable":0,"Receivables from officers":0,"Receivables from disqual persons":0,"Other net note and loans":0,"Inventories for sale or use":0,"Prepaid expenses deferred charges":0,"Land, building, equipment":0,"Investments publicly traded":0,"Investments other":0,"Investments program related":0,"Intangible assets":0,"Other assets":0},"Liabilities":{"value":0,"Sum of Total Liabilities":0,"Accounts payable, accrued":0,"Grants payable":0,"Deferred, revenue":0,"Tax exempt bond liabilities":0,"Escrow account liability":0,"Loans from officers, directors":0,"Secured mortgages and notes payable":0,"Unsecured notes loans payable":0,"Other liabilities":0},"Fund balance":{"value":340986,"Net assets without donor restriction":0,"Net assets with donor restriction":0,"Unrestricted net assets":0,"Temporarily restricted net assets":0,"Permanently restricted net assets":0},"Ratings":{"Program Expense Ratio":{"score":0.8125877225382285,"percentile":0.6415093085642013},"Fundraising Efficiency":{"score":null,"percentile":null},"Operating Margin":{"score":0.9264413410856925,"percentile":0.9864409308210299},"Liabilities to Assets Ratio":{"score":0.0,"percentile":0.9977938754541298},"Operating Reserve Ratio":{"score":12.594592598064564,"percentile":0.9125623780000198},"Officer Compensation Ratio":{"score":null,"percentile":null},"Program Expense Growth":{"score":null,"percentile":null},"Revenue Growth":{"score":null,"percentile":null},"Asset Growth":{"score":null,"percentile":null},"Independent Voting Board Pct":{"score":1.0,"percentile":0.9933392423419786},"Governance Policy Score":{"score":6.0,"percentile":1.0},"Overall Score":{"score":0.8441855264529852,"percentile":0.9794011778697752}},"source_xml":"202123149349307097_public.xml"},{"Organization":{"value":null,"Person":["MARK LEE","SUNGSOOK LEE","DIANA LEE"],"Title":["PRESIDENT","VICE PRESIDENT","TREASURER"],"Hours":[3.0,3.0,1.0],"Total Compensation":[0,0,0],"Direct compensation":[0,0,0],"Other compensation":[0,0,0]},"Basic":{"value":null,"mission":"Spread god's love, promises and grace by delivering humanitarian aid and relief to the poor.","year":2023,"name":"KAESONG FOUNDATION","phone":9199283894,"website":null,"type":"990","affiliation":null,"foreign_countries":null,"principal_officer":"MARK LEE","year_formation":2020,"state_legal_domicile":"NC","total_volunteers":3,"tax_period_begin":"2023-01-01T00:00:00","tax_period_end":"2023-12-31T00:00:00","address":"8909 OLD CREEDMOOR RD, RALEIGH, NC, 27613, USA","city":"RALEIGH","state":"NC","country":"USA","zip_code":27613},"Governance":{"value":null,"501c3 determination":true,"501c determination":false,"Number of voting members":3,"Number of independent voting members":3,"Number of employees total":0,"Total Gross UBI":0,"Net unrelated business taxable income":0,"Number of employees":0,"Prohibited tax shelter transactions":true,"Taxable party notification":true,"Funds to pay premiums":false,"Premiums Paid":false,"Family or business relationship":true,"Delegation of management duties":true,"Conflict of interest policy":true,"Whistle blower policy":true,"Compensation process for CEO":true,"Compensation process for other employees":true,"Changes to organizing documents":true,"Material diversion or misuse":true,"Members or stockholders":true,"Election of board members":true,"Decisions subject to approval":true,"Minutes of governing body":true,"Local chapters":true,"Form 990 provided to governing body":true,"Document retention policy":true,"Investment in joint venture":true,"Independent audit financial statements":true,"Consolidated audit financial statements":true,"Accountant compile or review":true,"Political activities":true,"Donor advised funds":true,"Conservation easements":true,"Collections of art":true,"School":true,"Hospital":true,"Foreign activities":true,"Foreign office":true,"Gaming":true,"Fundraising activities":true,"Professional fundraising":true,"Loan to officer or DQP":true,"Grant to related person":true,"Business relationship through family member":true,"Business relationship with organization":true},"Revenues":{"value":71289,"Contributions":{"value":47500,"Other contributions":47500,"Contributions from gifts and grants":0,"Fundraising revenue":0,"Dues":0,"Campaigns":0,"Grant revenue":0,"Related organizations":0},"Program revenue":{"value":0,"Total revenue":0,"Total other revenue":0,"Unrelated business revenue":0},"Investment income":{"value":23789,"Investment income total":23789,"Net investment gain":0,"Income from invest bond proceeds":0},"Other revenues":{"value":0,"Other total":0,"Royalties revenue":0,"Net rental income":0,"Net income from fundraising events":0,"Net income from gaming":0,"Net income":0,"Gross profit from sales of inventory":0,"Gain from sale of assets":0}},"Expenses":{"value":55815,"Grant expense":{"value":30000,"Grants to domestic orgs":30000,"Grants to domestic individuals":0,"Grants and similar":0,"Foreign grants":0},"Total professional fundraising expense":{"value":0,"Fundraising professional":0,"Fees to independent contractors":0},"Benefits paid to members":{"value":0,"Benefits paid to members Total":0},"Salaries":{"value":0,"Current officers":0,"Disqualified persons":0,"Other salaries and wages":0,"Pension plan contributions":0,"Other employee benefits":0,"Payroll taxes":0},"Other expenses":{"value":25815,"Management services":0,"Legal":645,"Accounting":2425,"Lobbying services":0,"Investment management fees":0,"Other services":0,"Advertising":0,"Office expenses":80,"Information technology":5678,"Royalties":0,"Occupancy":0,"Travel":0,"Conferences and meetings":9600,"Interest":0,"Payments to affiliates":0,"Depreciation and depletion":0,"Insurance":0,"Travel entertainment public officials":0,"Travel entertainment payments":0,"Printing, publications, postage":0,"Itemized Expenses":{"value":7387,"PHONE EXPENSE":4602,"MEALS":2776,"INVESTMENT TAX":9},"All other expenses":0},"Functional Expenses":{"value":null,"Program Service Expenses":34143,"Management And General Expenses":20678,"Fundraising Expenses":994}},"Assets":{"value":479820,"Non-interest bearing cash":2642,"Savings and temp cash investments":333373,"Pledges and grants receivable":0,"Accounts receivable":0,"Receivables from officers":0,"Receivables from disqual persons":0,"Other net note and loans":0,"Inventories for sale or use":0,"Prepaid expenses deferred charges":0,"Land, building, equipment":0,"Investments publicly traded":143805,"Investments other":0,"Investments program related":0,"Intangible assets":0,"Other assets":0},"Liabilities":{"value":0,"Sum of Total Liabilities":0,"Accounts payable, accrued":0,"Grants payable":0,"Deferred, revenue":0,"Tax exempt bond liabilities":0,"Escrow account liability":0,"Loans from officers, directors":0,"Secured mortgages and notes payable":0,"Unsecured notes loans payable":0,"Other liabilities":0},"Fund balance":{"value":479820,"Net assets without donor restriction":0,"Net assets with donor restriction":0,"Unrestricted net assets":0,"Temporarily restricted net assets":0,"Permanently restricted net assets":0},"Ratings":{"Program Expense Ratio":{"score":0.6117172803009944,"percentile":0.49916359872072696},"Fundraising Efficiency":{"score":47.78672032193159,"percentile":0.7754352211075877},"Operating Margin":{"score":0.21706013550477632,"percentile":0.7727617804221552},"Liabilities to Assets Ratio":{"score":0.0,"percentile":0.9977938754541298},"Operating Reserve Ratio":{"score":8.596613813490997,"percentile":0.8767146182121833},"Officer Compensation Ratio":{"score":null,"percentile":null},"Program Expense Growth":{"score":0.16270467746598563,"percentile":0.7698348159084697},"Revenue Growth":{"score":-0.5309288281168454,"percentile":0.019741025031559268},"Asset Growth":{"score":0.10527458138945084,"percentile":0.6957682556513114},"Independent Voting Board Pct":{"score":1.0,"percentile":0.9933392423419786},"Governance Policy Score":{"score":6.0,"percentile":1.0},"Overall Score":{"score":0.6787989861867949,"percentile":0.8085374660301021}},"source_xml":"202431569349301103_public.xml"}],"Latest":{"Organization":{"value":null,"Person":["MARK LEE","SUNGSOOK LEE","DIANA LEE"],"Title":["PRESIDENT","VICE PRESIDENT","TREASURER"],"Hours":[3.0,3.0,1.0],"Total Compensation":[0,0,0],"Direct compensation":[0,0,0],"Other compensation":[0,0,0]},"Basic":{"value":null,"mission":"Spread god's love, promises and grace by delivering humanitarian aid and relief to the poor.","year":2024,"name":"KAESONG FOUNDATION","phone":9199283894,"website":null,"type":"990","affiliation":null,"foreign_countries":null,"principal_officer":"MARK LEE","year_formation":2020,"state_legal_domicile":"NC","total_volunteers":3,"tax_period_begin":"2024-01-01T00:00:00","tax_period_end":"2024-12-31T00:00:00","address":"8909 OLD CREEDMOOR RD, RALEIGH, NC, 27613, USA","city":"RALEIGH","state":"NC","country":"USA","zip_code":27613},"Governance":{"value":null,"501c3 determination":true,"501c determination":false,"Number of voting members":3,"Number of independent voting members":0,"Number of employees total":0,"Total Gross UBI":0,"Net unrelated business taxable income":0,"Number of employees":0,"Prohibited tax shelter transactions":true,"Taxable party notification":true,"Funds to pay premiums":true,"Premiums Paid":true,"Family or business relationship":true,"Delegation of management duties":true,"Conflict of interest policy":true,"Whistle blower policy":true,"Compensation process for CEO":true,"Compensation process for other employees":true,"Changes to organizing documents":true,"Material diversion or misuse":true,"Members or stockholders":true,"Election of board members":true,"Decisions subject to approval":true,"Minutes of governing body":true,"Local chapters":true,"Form 990 provided to governing body":true,"Document retention policy":true,"Investment in joint venture":true,"Independent audit financial statements":true,"Consolidated audit financial statements":true,"Accountant compile or review":true,"Political activities":true,"Donor advised funds":true,"Conservation easements":true,"Collections of art":true,"School":true,"Hospital":true,"Foreign activities":true,"Foreign office":true,"Gaming":true,"Fundraising activities":true,"Professional fundraising":true,"Loan to officer or DQP":true,"Grant to related person":true,"Business relationship through family member":true,"Business relationship with organization":true},"Revenues":{"value":49787,"Contributions":{"value":20000,"Other contributions":20000,"Contributions from gifts and grants":0,"Fundraising revenue":0,"Dues":0,"Campaigns":0,"Grant revenue":0,"Related organizations":0},"Program revenue":{"value":0,"Total revenue":0,"Total other revenue":0,"Unrelated business revenue":0},"Investment income":{"value":29787,"Investment income total":21332,"Net investment gain":8455,"Income from invest bond proceeds":0},"Other revenues":{"value":0,"Other total":0,"Royalties revenue":0,"Net rental income":0,"Net income from fundraising events":0,"Net income from gaming":0,"Net income":0,"Gross profit from sales of inventory":0,"Gain from sale of assets":0}},"Expenses":{"value":47034,"Grant expense":{"value":25000,"Grants to domestic orgs":25000,"Grants to domestic individuals":0,"Grants and similar":0,"Foreign grants":0},"Total professional fundraising expense":{"value":0,"Fundraising professional":0,"Fees to independent contractors":0},"Benefits paid to members":{"value":0,"Benefits paid to members Total":0},"Salaries":{"value":0,"Current officers":0,"Disqualified persons":0,"Other salaries and wages":0,"Pension plan contributions":0,"Other employee benefits":0,"Payroll taxes":0},"Other expenses":{"value":22034,"Management services":0,"Legal":3575,"Accounting":1349,"Lobbying services":0,"Investment management fees":0,"Other services":0,"Advertising":0,"Office expenses":0,"Information technology":1344,"Royalties":0,"Occupancy":0,"Travel":0,"Conferences and meetings":12000,"Interest":0,"Payments to affiliates":0,"Depreciation and depletion":0,"Insurance":0,"Travel entertainment public officials":0,"Travel entertainment payments":0,"Printing, publications, postage":0,"Itemized Expenses":{"value":3766,"PHONE EXPENSE":3754,"INVESTMENT TAX":12},"All other expenses":0},"Functional Expenses":{"value":null,"Program Service Expenses":27565,"Management And General Expenses":18614,"Fundraising Expenses":855}},"Assets":{"value":518249,"Non-interest bearing cash":26771,"Savings and temp cash investments":369960,"Pledges and grants receivable":0,"Accounts receivable":0,"Receivables from officers":0,"Receivables from disqual persons":0,"Other net note and loans":0,"Inventories for sale or use":0,"Prepaid expenses deferred charges":0,"Land, building, equipment":0,"Investments publicly traded":121518,"Investments other":0,"Investments program related":0,"Intangible assets":0,"Other assets":0},"Liabilities":{"value":0,"Sum of Total Liabilities":0,"Accounts payable, accrued":0,"Grants payable":0,"Deferred, revenue":0,"Tax exempt bond liabilities":0,"Escrow account liability":0,"Loans from officers, directors":0,"Secured mortgages and notes payable":0,"Unsecured notes loans payable":0,"Other liabilities":0},"Fund balance":{"value":518249,"Net assets without donor restriction":0,"Net assets with donor restriction":0,"Unrestricted net assets":0,"Temporarily restricted net assets":0,"Permanently restricted net assets":0},"Ratings":{"Program Expense Ratio":{"score":0.5860653994982353,"percentile":0.49196889626449053},"Fundraising Efficiency":{"score":23.391812865497077,"percentile":0.6365004891527145},"Operating Margin":{"score":0.05529555908168799,"percentile":0.5366336375377317},"Liabilities to Assets Ratio":{"score":0.0,"percentile":0.9977938754541298},"Operating Reserve Ratio":{"score":11.018603563379683,"percentile":0.9011118860189008},"Officer Compensation Ratio":{"score":null,"percentile":null},"Program Expense Growth":{"score":0.07505927682276231,"percentile":0.6140714532378293},"Revenue Growth":{"score":-0.4725124476518461,"percentile":0.023988962585505386},"Asset Growth":{"score":0.09302541988915587,"percentile":0.6652164514847511},"Independent Voting Board Pct":{"score":0.0,"percentile":0.10798813433961453},"Governance Policy Score":{"score":6.0,"percentile":1.0},"Overall Score":{"score":0.543398801046673,"percentile":0.43812963926963194}},"source_xml":"202543169349304259_public.xml"},"sector":"Religion Related","donation_categories":[],"zakat_policy":null},"error":null}