Nonprofit · EIN 92-2066749
AKP SPORTS FOUNDATION INC
Tax-exempt · KENSINGTON, MD 20895
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990-EZ | $67,214 | $80,834 | -$13,620 | $9,344 | $20,875 | -$11,531 |
| December 31, 2024 | 990-EZ | $57,480 | $102,848 | -$45,368 | $12,704 | $10,615 | $2,089 |
| December 31, 2023 | 990-EZ | $171,161 | $123,614 | $47,547 | $62,489 | $14,942 | $47,547 |
Financial details: 990-EZ for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $54,764
- Program service revenue
- $12,450
Expenses
- Grants and similar amounts paid
- $1,300
- Compensation of officers, directors and key employees
- $0
- Professional fees and payments to contractors
- $15,868
- Occupancy
- $2,009
- Printing, publications and postage
- $231
- Other expenses
- $61,426
- Program services (functional)
- $46,936
Balance sheet and other
- Total assets, start of year
- $12,704
- Total assets, end of year
- $9,344
- Total liabilities, end of year
- $20,875
- Net assets, end of year
- -$11,531
- Cash, savings and investments
- $7,849
- Gross receipts
- $67,214
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 |
|---|---|---|---|
| Jung Won Lee | President & CEO | 20 | $0 |
| Chris Yin | Executive Director | 20 | $0 |
| Kwon Hwang | Senior Vice President | 20 | $0 |
| Jaeseok Choi | SVP of Athletics | 20 | $0 |
| Heimin You | Vice President of AKP Cares | 20 | $0 |
| Andrew Park | Senior Director of Athletics | 10 | $0 |
| Daniel Jun | Senior Director of Finance | 10 | $0 |
| Sangmi Park | Senior Director of Marketing | 10 | $0 |
| Justin Moh | Director of Legal | 10 | $0 |
990-EZ for the year ended December 31, 2024: 4 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| John Lee | President | 20 | $0 |
| Chris Yin | Executive Director | 20 | $0 |
| Kwon Hwang | Vice President | 20 | $0 |
| Daniel Jun | Senior Director of Finance | 20 | $0 |
990-EZ for the year ended December 31, 2023: 4 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| John Lee | President | 20 | $0 |
| Chris Yin | Executive Director | 20 | $0 |
| Kwon Hwang | Vice President | 20 | $0 |
| Daniel Jun | Senior Director of Finance | 20 | $0 |
Address and contacts
- Address (IRS master file)
- 5268 G NICHOLSON LANE STE 155, KENSINGTON, MD 20895-1009
- Signed the 990-EZ
- Kwon Hwang, Senior Vice President
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.
Program accomplishments
- AKP Sports Academy is an annual summer sports camp in LA and DC serving students in 1st through 8th grade. The program offers affordable and accessible athletic instruction in soccer and basketball coached by AKP Sports Ambassadors and Foundation staff providing students with opportunities to learn develop skills and build character.Expenses $22,310
- Korean American Soccer Tournament KAST is the largest national soccer tournament for college students young professionals and community teams promoting unity and networking through sports and service.Expenses $13,409 · grants $1,000
- 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.Expenses $10,003 · grants $300
- The AKP Ambassador Program is a leadership development program where our Ambassadors serve as leaders and role models who believe in the power of unity purpose and giving back. Ambassadors serve as coaches and volunteers across Sports Academy Back 2 School and other AKP initiatives to inspire and uplift communities.Expenses $1,214
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. 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-EZ on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990-EZ on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990-EZ on file |
IRS record
- EIN
- 92-2066749
- 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
- 2023
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Recreation and sports (N01)
- Assets (IRS master file)
- $9,344
- Income (IRS master file)
- $67,214
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-EZ | December 2025 | $67,214 | $80,834 | $9,344 | XML |
| 990-EZ | December 2024 | $57,480 | $102,848 | $12,704 | IRS |
| 990-EZ | December 2023 | $171,161 | $123,614 | $62,489 | XML |
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 92-2066749).
Questions about AKP SPORTS FOUNDATION INC
- What is the EIN of AKP SPORTS FOUNDATION INC?
- The employer identification number (EIN) of AKP SPORTS FOUNDATION INC is 92-2066749.
- Is AKP SPORTS FOUNDATION INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2023.
- Are donations to AKP SPORTS FOUNDATION INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does AKP SPORTS FOUNDATION INC file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of AKP SPORTS FOUNDATION INC 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 AKP SPORTS FOUNDATION INC last file with the IRS?
- The latest return in the IRS public files is the 990-EZ for the year ended December 2025.
- Who are the officers and directors of AKP SPORTS FOUNDATION INC?
- The 990-EZ for the year ended December 31, 2025 lists 9 people; 0 received compensation from the organization.
- How much revenue does AKP SPORTS FOUNDATION INC have?
- On its 990-EZ for the year ended December 31, 2025 it reported revenue of $67,214, expenses of $80,834 and total assets of $9,344 at year end.
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