AKP Sports Foundation Inc

Nonprofit profile at a glance

EIN
922066749
IRS 990-EZ coverage
2023–2025
Forms available
Form 990-EZ 2025
Location
Kensington, MD, USA
Rating
74
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Alliance/Advocacy

Reported finances

Revenue
$67,214
Expenses
$80,834
Assets
$9,344
Liabilities
$20,875

Source: IRS Form 990-EZ. Selected filing: tax year 2025. Amounts in USD.

Leadership & pay

9 people listed

Executive titles in this filing

  • Jung Won Lee (President & CEO)
  • Chris Yin (Executive Director)
  • Kwon Hwang (Senior Vice President)
  • Heimin You (Vice President of AKP Cares)

People named in this filing

  • Jung Won Lee (President & CEO)
  • Chris Yin (Executive Director)
  • Kwon Hwang (Senior Vice President)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

Source: IRS Form 990-EZ. Selected filing: tax year 2025. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Our mission is to share love opportunity and life through the power of sports and service by providing youth and young adults in underserved communities with access to quality sports programs mentorship leadership development and community support services.

What it reported doing in 2025

Back 2 School B2S is an annual two-part event designed to equip children and families with essential school supplies for the upcoming school year while fostering community engagement. The event features basketball tournaments providing a fun competitive and safe environment for children and families to connect alongside refreshments festival games and community support grants to families in need.

Operating model

Revenue model
Donor-supported. 81% of the money available for current operations came from contributions and gifts.
Distribution model
Direct operator. The filing allocates 97% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.

The verdict

SUPPORTED - The filed numbers largely add up and a large share of available resources goes toward mission work. A relatively small share of total spending goes to programs and program spending has declined or grown slowly.

Rating breakdown

  • Financial Efficiency: 66
  • Transparency & Controls: 100
  • Sustainability: 21
  • Growth: 0

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 69.8%; rating input score 70
  • Program expense ratio: 58.1%; rating input score 58

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100

Sustainability

  • Operating margin: -20.3%; rating input score 22; 22nd percentile among comparable filings
  • Total-asset coverage ratio: 0.12; rating input score 14; 14th percentile among comparable filings
  • Liabilities to assets ratio: 2.23; rating input score 2; 2nd percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings

Growth

  • Program expense growth: -22.7% per year; rating input score 0; 17th percentile among comparable filings
  • Revenue growth: -52.7% per year; rating input score 0; 6th percentile among comparable filings
  • Asset growth: -94.3% per year; rating input score 0; 2nd percentile among comparable filings

Details

  • Where the money goes: 69.8% of revenue deployed · 58.1% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 4 filed program accomplishments · $47K in reported program spending
  • Leadership: top reported pay $0 · 9 people listed
  • Consistency: 9 of 9 current checks pass
  • Schedules: 3 filed schedules
  • Filing history: 3 filing years from 2023 to 2025
  • Contacts: How to reach this organization
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • Review — Financial Efficiency: Program expense ratio scored 58/100.
  • High — Growth: Program expense growth scored 0/100.
  • High — Growth: Revenue growth scored 0/100.
  • High — Sustainability: Operating margin scored 22/100.
  • High — Sustainability: Total-asset coverage ratio scored 14/100.
  • High — Growth: Asset growth scored 0/100.
  • High — Sustainability: Liabilities to assets ratio scored 2/100.
  • Review — Sustainability: Officer compensation ratio scored 56/100.