Nonprofit · EIN 95-4847500
HAPPY VILLAGE
Tax-exempt · LOS ANGELES, CA 90005
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | $757,338 | $794,417 | -$37,079 | $237,027 | $2,664 | $234,363 |
| December 31, 2024 | 990 | $927,772 | $731,143 | $196,629 | $297,163 | $25,721 | $271,442 |
| December 31, 2023 | 990 | $693,686 | $750,433 | -$56,747 | $100,574 | $25,761 | $74,813 |
Financial details: 990 for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $565,589
- Program service revenue
- $191,749
- Investment income
- $0
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $614,500
- Other salaries and wages
- $61,200
- Salaries, compensation and benefits (total)
- $66,057
- Professional fundraising fees
- $0
- Accounting fees
- $4,450
- Program services (functional)
- $718,516
- Management and general (functional)
- $74,312
- Fundraising (functional)
- $1,589
Balance sheet and other
- Total assets, start of year
- $297,163
- Total assets, end of year
- $237,027
- Total liabilities, end of year
- $2,664
- Net assets, end of year
- $234,363
- Net assets without donor restrictions
- $234,363
- Gross receipts
- $757,338
- Employees
- 1
- Year formed
- 2001
- State of legal domicile
- CA
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 for the year ended December 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| WILLIAM KIM | SECRETARY Officer | 40 | $61,200 |
| CHANGSIK CHO | CEO Officer | 1 | $0 |
| SANG IL PARK | CFO Officer | 1 | $0 |
990 for the year ended December 31, 2024: 3 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| WILLIAM KIM | SECRETARY Officer | 40 | $63,200 |
| CHANGSIK CHO | CEO Officer | 1 | $0 |
| SANG IL PARK | CFO Officer | 1 | $0 |
990 for the year ended December 31, 2023: 3 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| WILLIAM KIM | SECRETARY Officer | 40 | $63,200 |
| CHANGSIK CHO | CEO Officer | 1 | $0 |
| SANG IL PARK | CFO Officer | 1 | $0 |
Address and contacts
- Address (IRS master file)
- 690 WILSHIRE PL, LOS ANGELES, CA 90005-3930
- In care of
- % SANG G KIM
- Principal officer (990 for 2025)
- WILLIAM KIM, 690 WILSHIRE PL, LOS ANGELES, CA 90005
- Signed the 990
- WILLIAM KIM, SECRETARY
- Phone
- (213) 368-2630
- Return prepared by
- KIM & CO CPA
California records
California keeps its own records of charities and corporations. Search them by EIN 95-4847500 or by the name HAPPY VILLAGE.
- Attorney General, Registry of Charities and Fundraisers
- Registration status and filed reports (CT-TR-1, RRF-1)
- Secretary of State, bizfile Online
- Corporation status, entity number, agent for service
- Franchise Tax Board
- Entity status letter (state tax exemption, good standing)
Mission
(A)PROMOTE, FOSTER AND ENHANCE PUBLIC AWARENESS OF THE ISSUES OF NEW KOREAN IMMIGRANTS TO US, (B)ASSIST KOREAN IMMIGRANTS ASSIMILATE INTO AMERICAN SOCIETY, (C)PROMOTE A SOCIALLY RESPONSIVE ENVIRONMENT AMONG MINORITY GROUPS
Program accomplishments
- KIMBO SCHOLARSHIP PROGRAMExpenses $552,700 · grants $552,700
- HAPPY VILLAGE COMMUNITY DONATION PROGRAMExpenses $2,998
- LOVE SHARE JACKET & SLEEPING BAGSExpenses $29,103
- SENIORS WHO LIVE ALONE PROGRAM/ GREEN PROJECT/ CAR DONATION/LOVE MARATHON/ BAZAAR, ETCExpenses $133,715 · grants $61,800
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 on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 95-4847500
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2005
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Human services (P84)
- Assets (IRS master file)
- $237,027
- Income (IRS master file)
- $757,338
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | $757,338 | $794,417 | $237,027 | IRS |
| 990 | December 2024 | $927,772 | $731,143 | $297,163 | IRS |
| 990 | December 2023 | $693,686 | $750,433 | $100,574 | XML |
| 990 | December 2022 | $677,041 | $681,184 | $157,944 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2019 | – | – | – | IRS |
| 990 | 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 95-4847500).
Questions about HAPPY VILLAGE
- What is the EIN of HAPPY VILLAGE?
- The employer identification number (EIN) of HAPPY VILLAGE is 95-4847500.
- Is HAPPY VILLAGE tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2005.
- Are donations to HAPPY VILLAGE tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does HAPPY VILLAGE 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 HAPPY VILLAGE 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 HAPPY VILLAGE last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2025.
- Who is the principal officer of HAPPY VILLAGE?
- The 990 for the year ended December 31, 2025 names WILLIAM KIM.
- Who are the officers and directors of HAPPY VILLAGE?
- The 990 for the year ended December 31, 2025 lists 3 people; 1 received compensation from the organization, the highest $61,200 (WILLIAM KIM, SECRETARY).
- How much revenue does HAPPY VILLAGE have?
- On its 990 for the year ended December 31, 2025 it reported revenue of $757,338, expenses of $794,417 and total assets of $237,027 at year end.
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