FURP.ORG / PUBLIC DATA EXPLORER

WON INSTITUTE OF GRADUATE STUDIES: Form 990, tax year 2021

View the entire original 990 at ProPublica ↗

Organization
WON INSTITUTE OF GRADUATE STUDIES (EIN 23-3102135)
Tax period
2021-07-01 to 2022-06-30
Filed
2023-02-13
IRS object ID
202340449349301669
Schema version
2021v4.0
Source
Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header ReturnHeader

FieldValueIRS element (for citing)
Return2023-02-13T16:02:47-05:00ReturnTs
Tax Period End2022-06-30TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN471352305PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1O'CONNELL & COMPANY LLCBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line1165 TOWNSHIP LINE RD STE 1100AddressLine1Txt
CityJENKINTOWNCityNm
State AbbreviationPAStateAbbreviationCd
ZIP19046ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2021-07-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN233102135EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1WON INSTITUTE OF GRADUATE STUDIESBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlWONIBusinessNameControlTxt
Phone2158848942PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1800 JACKSONVILLE RDAddressLine1Txt
CityWARMINSTERCityNm
State AbbreviationPAStateAbbreviationCd
ZIP18974ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonBOK HYAE KOH BAPersonNm
Person TitleTRUSTEEPersonTitleTxt
Phone2158848942PhoneNum
Signature2023-02-09SignatureDt
Discuss With Paid PreparerYes (true)DiscussWithPaidPreparerInd

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

FieldValueIRS element (for citing)
Person FirstBOKHYAEPersonFirstNm
Person LastKOHPersonLastNm
FieldValueIRS element (for citing)
SSN999009999SSN

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonROBERT J MCNAMEEPreparerPersonNm
PTINP01428150PTIN
Phone2158874425PhoneNum
Preparation2023-02-10PreparationDt
FieldValueIRS element (for citing)
Tax2021TaxYr
Build TS2023-03-07 01:45:13ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Address ChangeYes (X)AddressChangeInd
Principal OfficerBOKIN KIM PHDPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line1800 JACKSONVILLE RDAddressLine1Txt
CityWARMINSTERCityNm
State AbbreviationPAStateAbbreviationCd
ZIP18974ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$5,718,501GrossReceiptsAmt
Group Return For AffiliatesfalseGroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website AddressWWW.WONINSTITUTE.EDUWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation2002FormationYr
Legal Domicile StatePALegalDomicileStateCd
Activity Or MissionTHE INSTITUTE IS DULY REGISTERED AS A NON-PROFIT CORPORATION IN THE COMMONWEALTH OF PENNSYLVANIA AND LEGALLY AUTHORIZED BY THE PENNSYLVANIA DEPARTMENT OF EDUCATION TO OFFER GRADUATE EDUCATION PROGRAMS LEADING TO MASTER OF WON BUDDHIST STUDIES, DOCTOR OF ACUPUNCTURE STUDIES, MASTER OF ACUPUNCTURE STUDIES, AND A CERTIFICATE IN CHINESE HERBAL MEDICINE.ActivityOrMissionDesc
Voting Members Governing Body18VotingMembersGoverningBodyCnt
Voting Members Independent18VotingMembersIndependentCnt
Total Employee77TotalEmployeeCnt
Total Volunteers30TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
PY Contributions Grants$660,033PYContributionsGrantsAmt
CY Contributions Grants$3,775,208CYContributionsGrantsAmt
PY Program Service Revenue$1,861,278PYProgramServiceRevenueAmt
CY Program Service Revenue$1,808,003CYProgramServiceRevenueAmt
PY Investment Income$114,937PYInvestmentIncomeAmt
CY Investment Income-$301,359CYInvestmentIncomeAmt
PY Other Revenue$17,146PYOtherRevenueAmt
CY Other Revenue$0CYOtherRevenueAmt
PY Total Revenue$2,653,394PYTotalRevenueAmt
CY Total Revenue$5,281,852CYTotalRevenueAmt
PY Grants And Similar Paid$78,060PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$31,111CYGrantsAndSimilarPaidAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$1,421,069PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$1,514,001CYSalariesCompEmpBnftPaidAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$72,995CYTotalFundraisingExpenseAmt
PY Other Expenses$542,935PYOtherExpensesAmt
CY Other Expenses$974,540CYOtherExpensesAmt
PY Total Expenses$2,042,064PYTotalExpensesAmt
CY Total Expenses$2,519,652CYTotalExpensesAmt
PY Revenues Less Expenses$611,330PYRevenuesLessExpensesAmt
CY Revenues Less Expenses$2,762,200CYRevenuesLessExpensesAmt
Total Assets BOY$4,631,147TotalAssetsBOYAmt
Total Assets EOY$6,894,585TotalAssetsEOYAmt
Total Liabilities BOY$804,519TotalLiabilitiesBOYAmt
Total Liabilities EOY$896,927TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$3,826,628NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$5,997,658NetAssetsOrFundBalancesEOYAmt
Info In Schedule O Part IIIYes (X)InfoInScheduleOPartIIIInd
MissionTHE MISSION OF THE WON INSTITUTE OF GRADUATE STUDIES IS TO PROVIDE QUALITY GRADUATE-LEVEL PROFESSIONAL EDUCATION AND TRAINING THE PRACTICAL APPLICATIONS OF SPIRITUALITY AND THE HEALING ARTS FOR THE WELL-BEING OF INDIVIDUALS AND SOCIETY. THE PROGRAMS OFFERED ARE GRADUATE EDUCATION PROGRAMS LEADING TO MASTER OF WON BUDDHIST STUDIES, DOCTOR OF ACUPUNCTURE STUDIES, MASTERS OF ACUPUNCTURE STUDIES, AND A CERTIFICATE IN CHINESE HERBAL MEDICINE.MissionDesc
Significant New Program SrvcfalseSignificantNewProgramSrvcInd
Significant ChangefalseSignificantChangeInd
Expense$1,540,010ExpenseAmt
Grant$31,111GrantAmt
Revenue$1,808,003RevenueAmt
DescTHE WON INSTITUTE IS A SPECIALIZED GRADUATE SCHOOL FOCUSING ON THE PROFESSIONAL AND PERSONAL DEVELOPMENT OF ITS STUDENTS. IT OFFERS TWO MASTER DEGREES: WON BUDDHIST STUDIES, DOCTOR OF ACUPUNCTURE STUDIES, ACUPUNCTURE STUDIES, AND A CERTIFICATE PROGRAM IN CHINESE HERBAL MEDICINE. IT OFFERS CONTINUING EDUCATION STUDIES AND PROVIDES HEALTH AND MEDITATION SERVICES TO THE COMMUNITY THROUGH ACUPUNCTURE CLINICS, SUCH AS IT'S VETERANS CLINIC AND ON-SITE MEDITATION. IT IS REGIONALLY ACCREDITED THROUGH MIDDLE STATES COMMISSION ON HIGHER EDUCATION AND PROGRAMMATICALLY ACCREDITED THROUGH THE ACCREDITATION COMMISSION FOR ACUPUNCTURE AND ORIENTAL MEDICINE.Desc
Total Program Service Expenses$1,540,010TotalProgramServiceExpensesAmt
Described In Section501c3Yes (true)DescribedInSection501c3Ind
Schedule B RequiredYes (true)ScheduleBRequiredInd
Political Campaign ActyfalsePoliticalCampaignActyInd
Lobbying ActivitiesfalseLobbyingActivitiesInd
Subject To Proxy TaxfalseSubjectToProxyTaxInd
Donor Advised FundfalseDonorAdvisedFundInd
Conservation EasementsfalseConservationEasementsInd
Collections Of ArtfalseCollectionsOfArtInd
Credit CounselingfalseCreditCounselingInd
Donor Rstr Or Quasi EndowmentsYes (true)DonorRstrOrQuasiEndowmentsInd
Report Land Building EquipmentYes (true)ReportLandBuildingEquipmentInd
Report Investments Other SecfalseReportInvestmentsOtherSecInd
Report Program Related InvstfalseReportProgramRelatedInvstInd
Report Other AssetsfalseReportOtherAssetsInd
Report Other LiabilitiesfalseReportOtherLiabilitiesInd
Include FIN48 FootnoteYes (true)IncludeFIN48FootnoteInd
Independent Audit Fincl StmtYes (true)IndependentAuditFinclStmtInd
Consolidated Audit Fincl StmtfalseConsolidatedAuditFinclStmtInd
School OperatingYes (true)SchoolOperatingInd
Foreign OfficefalseForeignOfficeInd
Foreign ActivitiesfalseForeignActivitiesInd
More Than5000 K To OrgfalseMoreThan5000KToOrgInd
More Than5000 K To IndividualsfalseMoreThan5000KToIndividualsInd
Professional FundraisingfalseProfessionalFundraisingInd
Fundraising ActivitiesfalseFundraisingActivitiesInd
Gaming ActivitiesfalseGamingActivitiesInd
Operate HospitalfalseOperateHospitalInd
Grants To OrganizationsfalseGrantsToOrganizationsInd
Grants To IndividualsYes (true)GrantsToIndividualsInd
Schedule J RequiredfalseScheduleJRequiredInd
Tax Exempt BondsfalseTaxExemptBondsInd
Engaged In Excess Benefit TransfalseEngagedInExcessBenefitTransInd
PY Excess Benefit TransfalsePYExcessBenefitTransInd
Loan OutstandingfalseLoanOutstandingInd
Grant To Related PersonfalseGrantToRelatedPersonInd
Business Rln With Org MemfalseBusinessRlnWithOrgMemInd
Business Rln With Fam MemfalseBusinessRlnWithFamMemInd
Business Rln With35 Ctrl EntfalseBusinessRlnWith35CtrlEntInd
Deductible Non Cash ContrifalseDeductibleNonCashContriInd
Deductible Art ContributionfalseDeductibleArtContributionInd
Terminate OperationsfalseTerminateOperationsInd
Partial LiquidationfalsePartialLiquidationInd
Disregarded EntityfalseDisregardedEntityInd
Related EntityYes (true)RelatedEntityInd
Related Organization Ctrl EntfalseRelatedOrganizationCtrlEntInd
Trnsfr Exmpt Non Chrtbl Rltd OrgfalseTrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted PrtshpfalseActivitiesConductedPrtshpInd
Schedule O RequiredYes (true)ScheduleORequiredInd
IRP Document10IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Employee77EmployeeCnt
Employment Tax Returns FiledYes (true)EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over LimitfalseUnrelatedBusIncmOverLimitInd
Foreign Financial AccountfalseForeignFinancialAccountInd
Prohibited Tax Shelter TransfalseProhibitedTaxShelterTransInd
Taxable Party NotificationfalseTaxablePartyNotificationInd
Nondeductible ContributionsfalseNondeductibleContributionsInd
Quid Pro Quo ContributionsfalseQuidProQuoContributionsInd
Form8282 Property Disposed OffalseForm8282PropertyDisposedOfInd
Rcv Fnds To Pay Prsnl Bnft CntrctfalseRcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft CntrctfalsePayPremiumsPrsnlBnftCntrctInd
Form8899 FiledindfalseForm8899Filedind
Form1098 C FiledfalseForm1098CFiledInd
Indoor Tanning ServicesfalseIndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht PymtfalseSubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst IncfalseSubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members18GoverningBodyVotingMembersCnt
Independent Voting Member18IndependentVotingMemberCnt
Family Or Business RlnYes (true)FamilyOrBusinessRlnInd
Delegation Of Mgmt DutiesfalseDelegationOfMgmtDutiesInd
Change To Org DocumentsfalseChangeToOrgDocumentsInd
Material Diversion Or MisusefalseMaterialDiversionOrMisuseInd
Members Or StockholdersfalseMembersOrStockholdersInd
Election Of Board MembersfalseElectionOfBoardMembersInd
Decisions Subject To ApprovafalseDecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (true)MinutesOfGoverningBodyInd
Minutes Of CommitteesYes (true)MinutesOfCommitteesInd
Officer Mailing AddressfalseOfficerMailingAddressInd
Local ChaptersfalseLocalChaptersInd
Form990 Provided To Gvrn BodyfalseForm990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyYes (true)ConflictOfInterestPolicyInd
Annual Disclosure Covered PrsnYes (true)AnnualDisclosureCoveredPrsnInd
Regular Monitoring EnfrcYes (true)RegularMonitoringEnfrcInd
Whistleblower PolicyYes (true)WhistleblowerPolicyInd
Document Retention PolicyYes (true)DocumentRetentionPolicyInd
Compensation Process CEOYes (true)CompensationProcessCEOInd
Compensation Process OtherYes (true)CompensationProcessOtherInd
Investment In Joint VenturefalseInvestmentInJointVentureInd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

FieldValueIRS element (for citing)
PersonSEULKY KANGPersonNm
Phone2158848942PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1137 S EASTON RDAddressLine1Txt
CityGLENSIDECityNm
State AbbreviationPAStateAbbreviationCd
ZIP19038ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (19 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtOfficerOfficerIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorInd
BOKIN KIM PHD
PRESIDENT40.00Yes (X)$20,917$0$0
BOK HYAE KOH BA
TRUSTEE1.00$0$0$0Yes (X)
REV KIM BOKHEE
TRUSTEE1.00$0$0$0Yes (X)
MYUNGKI CHA PHD LD
TRUSTEE1.00$0$0$0Yes (X)
REV YOUNGHA LEE
TRUSTEE1.00$0$0$0Yes (X)
CAROL GISSELQUIST MD MA
TRUSTEE1.00$0$0$0Yes (X)
HYESEON KIM MA
TRUSTEE1.00$0$0$0Yes (X)
SOOK JA CHOI MD
BOARD CHAIR1.00Yes (X)$0$0$0Yes (X)
SUE S YIE MD
TRUSTEE1.00$0$0$0Yes (X)
KALPANA PATANKAR MD MAC DIOL OM
TRUSTEE1.00$0$0$0Yes (X)
LINDA L SILVA OM
TRUSTEE1.00$0$0$0Yes (X)
WONSUN OH
TRUSTEE1.00$0$0$0Yes (X)
BENJAMIN BELL MHRM PHR
BOARD GOV. &1.00$0$0$0Yes (X)
LON FREDRIC PALITZ
TRUSTEE1.00$0$0$0Yes (X)
BARRY BELL PHD
TRUSTEE1.00$0$0$0Yes (X)
CHOL K SYN PHD
TRUSTEE1.00$0$0$0Yes (X)
HEEJIN KIM PHD
BOARD SECRET1.00Yes (X)$0$0$0Yes (X)
REV YOUNGSON SEOUNG
TRUSTEE1.00$0$0$0Yes (X)
REV YOON SUNG YANG
TRUSTEE1.00$0$0$0Yes (X)
FieldValueIRS element (for citing)
Total Reportable Comp From Org$20,917TotalReportableCompFromOrgAmt
Former Ofcr Employees ListedfalseFormerOfcrEmployeesListedInd
Total Comp Greater Than150 KfalseTotalCompGreaterThan150KInd
Compensation From Other SrcsfalseCompensationFromOtherSrcsInd
Government Grants$260,495GovernmentGrantsAmt
All Other Contributions$3,514,713AllOtherContributionsAmt
Total Contributions$3,775,208TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp (3 entries)

DescDescBusinessBusinessCdTotal Revenue ColumnTotalRevenueColumnAmtRelated Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt
TUITION AND FEES611600$1,630,448$1,630,448
CLINIC TREATMENT611600$156,108$156,108
OTHER EDUCATIONAL SERVICES611600$21,447$21,447
FieldValueIRS element (for citing)
Total Program Service Revenue$1,808,003TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$135,290TotalRevenueColumnAmt
Exclusion$135,290ExclusionAmt

Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp

FieldValueIRS element (for citing)
Other$436,649OtherAmt

Gain Or Loss GainOrLossGrp

FieldValueIRS element (for citing)
Other-$436,649OtherAmt

Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp

FieldValueIRS element (for citing)
Total Revenue Column-$436,649TotalRevenueColumnAmt
Related Or Exempt Func Income-$436,649RelatedOrExemptFuncIncomeAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$5,281,852TotalRevenueColumnAmt
Related Or Exempt Func Income$1,371,354RelatedOrExemptFuncIncomeAmt
Exclusion$135,290ExclusionAmt

Grants To Domestic Individuals GrantsToDomesticIndividualsGrp

FieldValueIRS element (for citing)
Total$31,111TotalAmt
Program Services$31,111ProgramServicesAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

FieldValueIRS element (for citing)
Total$20,917TotalAmt
Management And General$20,917ManagementAndGeneralAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$1,278,183TotalAmt
Program Services$925,767ProgramServicesAmt
Management And General$305,403ManagementAndGeneralAmt
Fundraising$47,013FundraisingAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

FieldValueIRS element (for citing)
Total$105,733TotalAmt
Program Services$69,394ProgramServicesAmt
Management And General$33,127ManagementAndGeneralAmt
Fundraising$3,212FundraisingAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$109,168TotalAmt
Program Services$82,760ProgramServicesAmt
Management And General$22,787ManagementAndGeneralAmt
Fundraising$3,621FundraisingAmt

Fees For Services Legal FeesForServicesLegalGrp

FieldValueIRS element (for citing)
Total$19,870TotalAmt
Management And General$19,870ManagementAndGeneralAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$21,575TotalAmt
Management And General$21,575ManagementAndGeneralAmt

Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp

FieldValueIRS element (for citing)
Total$20,835TotalAmt
Management And General$20,835ManagementAndGeneralAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$141,320TotalAmt
Program Services$6,300ProgramServicesAmt
Management And General$135,020ManagementAndGeneralAmt

Advertising AdvertisingGrp

FieldValueIRS element (for citing)
Total$118,861TotalAmt
Program Services$24,589ProgramServicesAmt
Management And General$94,272ManagementAndGeneralAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$89,167TotalAmt
Program Services$61,883ProgramServicesAmt
Management And General$18,183ManagementAndGeneralAmt
Fundraising$9,101FundraisingAmt

Information Technology InformationTechnologyGrp

FieldValueIRS element (for citing)
Total$77,721TotalAmt
Management And General$77,721ManagementAndGeneralAmt

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total$175,226TotalAmt
Program Services$134,924ProgramServicesAmt
Management And General$35,045ManagementAndGeneralAmt
Fundraising$5,257FundraisingAmt

Travel TravelGrp

FieldValueIRS element (for citing)
Total$7,414TotalAmt
Program Services$4,268ProgramServicesAmt
Management And General$3,146ManagementAndGeneralAmt

Conferences Meetings ConferencesMeetingsGrp

FieldValueIRS element (for citing)
Total$2,208TotalAmt
Program Services$1,689ProgramServicesAmt
Management And General$519ManagementAndGeneralAmt

Interest InterestGrp

FieldValueIRS element (for citing)
Total$16,537TotalAmt
Management And General$16,537ManagementAndGeneralAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$13,677TotalAmt
Program Services$10,532ProgramServicesAmt
Management And General$2,735ManagementAndGeneralAmt
Fundraising$410FundraisingAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$33,016TotalAmt
Program Services$27,741ProgramServicesAmt
Management And General$4,587ManagementAndGeneralAmt
Fundraising$688FundraisingAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDescTotalTotalAmtProgram ServicesProgramServicesAmtManagement And GeneralManagementAndGeneralAmtFundraisingFundraisingAmt
BUILDING MOVE$52,785$40,644$10,557$1,584
CONTRACTED SERVICES$49,180$32,459$15,456$1,265
DUES AND SUBSCRIPTIONS$40,594$37,191$3,403
FACULTY AND STAFF DEVELOP$20,236$9,627$10,609

All Other Expenses AllOtherExpensesGrp

FieldValueIRS element (for citing)
Total$74,318TotalAmt
Program Services$39,131ProgramServicesAmt
Management And General$34,343ManagementAndGeneralAmt
Fundraising$844FundraisingAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$2,519,652TotalAmt
Program Services$1,540,010ProgramServicesAmt
Management And General$906,647ManagementAndGeneralAmt
Fundraising$72,995FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$70,725BOYAmt
EOY$296,304EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

FieldValueIRS element (for citing)
BOY$67,954BOYAmt
EOY$67,961EOYAmt

Pledges And Grants Receivable PledgesAndGrantsReceivableGrp

FieldValueIRS element (for citing)
EOY$3,143,758EOYAmt

Accounts Receivable AccountsReceivableGrp

FieldValueIRS element (for citing)
BOY$33,125BOYAmt
EOY$87,769EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
BOY$19,561BOYAmt
EOY$20,196EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$295,230LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$224,870LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$461,235BOYAmt
EOY$70,360EOYAmt

Investments Pub Traded Sec InvestmentsPubTradedSecGrp

FieldValueIRS element (for citing)
BOY$3,975,622BOYAmt
EOY$3,204,374EOYAmt

Other Assets Total OtherAssetsTotalGrp

FieldValueIRS element (for citing)
BOY$2,925BOYAmt
EOY$3,863EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$4,631,147BOYAmt
EOY$6,894,585EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$54,752BOYAmt
EOY$170,228EOYAmt

Deferred Revenue DeferredRevenueGrp

FieldValueIRS element (for citing)
EOY$22,597EOYAmt

Unsecured Notes Loans Payable UnsecuredNotesLoansPayableGrp

FieldValueIRS element (for citing)
BOY$749,767BOYAmt
EOY$704,102EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$804,519BOYAmt
EOY$896,927EOYAmt
FieldValueIRS element (for citing)
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$178,787BOYAmt
EOY-$214,463EOYAmt

Donor Restriction Net Assets DonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$3,647,841BOYAmt
EOY$6,212,121EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$3,826,628BOYAmt
EOY$5,997,658EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$4,631,147BOYAmt
EOY$6,894,585EOYAmt
FieldValueIRS element (for citing)
Info In Schedule O Part XIYes (X)InfoInScheduleOPartXIInd
Reconcilation Revenue Expnss$2,762,200ReconcilationRevenueExpnssAmt
Net Unrlzd Gains Losses Invst-$591,170NetUnrlzdGainsLossesInvstAmt
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or ReviewfalseAccountantCompileOrReviewInd
FS AuditedYes (true)FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

FieldValueIRS element (for citing)
Separate Basis Fincl StmtYes (X)SeparateBasisFinclStmtInd
FieldValueIRS element (for citing)
Audit CommitteeYes (true)AuditCommitteeInd
Federal Grant Audit RequiredYes (true)FederalGrantAuditRequiredInd
Federal Grant Audit PerformedYes (true)FederalGrantAuditPerformedInd

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
SchoolYes (X)SchoolInd

Schedule B IRS990ScheduleB

Contributor Information ContributorInformationGrp

FieldValueIRS element (for citing)
ContributorRESTRICTEDContributorNum

Contributor Business Name ContributorBusinessName

FieldValueIRS element (for citing)
Business Name Line1RESTRICTEDBusinessNameLine1

Contributor US Address ContributorUSAddress

FieldValueIRS element (for citing)
Address Line1RESTRICTEDAddressLine1
Address Line2RESTRICTEDAddressLine2
CityRESTRICTEDCity
StateRESTRICTEDState
ZIP CodeRESTRICTEDZIPCode
FieldValueIRS element (for citing)
Total ContributionsRESTRICTEDTotalContributionsAmt

Schedule D IRS990ScheduleD

CY Endwmt Fund CYEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$2,930,048BeginningYearBalanceAmt
Investment Earnings Or Losses-$420,169InvestmentEarningsOrLossesAmt
Grants Or Scholarships$28,169GrantsOrScholarshipsAmt
Other Expenditures$51,843OtherExpendituresAmt
Administrative Expenses$21,485AdministrativeExpensesAmt
End Year Balance$2,408,382EndYearBalanceAmt

CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$2,597,352BeginningYearBalanceAmt
Contributions$176,510ContributionsAmt
Investment Earnings Or Losses$437,222InvestmentEarningsOrLossesAmt
Grants Or Scholarships$72,691GrantsOrScholarshipsAmt
Other Expenditures$144,755OtherExpendituresAmt
Administrative Expenses$63,950AdministrativeExpensesAmt
End Year Balance$2,930,048EndYearBalanceAmt

CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$2,760,512BeginningYearBalanceAmt
Investment Earnings Or Losses$115,094InvestmentEarningsOrLossesAmt
Grants Or Scholarships$67,583GrantsOrScholarshipsAmt
Other Expenditures$144,994OtherExpendituresAmt
Administrative Expenses$65,677AdministrativeExpensesAmt
End Year Balance$2,597,352EndYearBalanceAmt

CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$2,705,095BeginningYearBalanceAmt
Contributions$10,000ContributionsAmt
Investment Earnings Or Losses$139,441InvestmentEarningsOrLossesAmt
Grants Or Scholarships$21,580GrantsOrScholarshipsAmt
Other Expenditures$49,962OtherExpendituresAmt
Administrative Expenses$22,482AdministrativeExpensesAmt
End Year Balance$2,760,512EndYearBalanceAmt

CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$2,707,333BeginningYearBalanceAmt
Contributions$1,000ContributionsAmt
Investment Earnings Or Losses$89,711InvestmentEarningsOrLossesAmt
Grants Or Scholarships$19,425GrantsOrScholarshipsAmt
Other Expenditures$51,397OtherExpendituresAmt
Administrative Expenses$22,127AdministrativeExpensesAmt
End Year Balance$2,705,095EndYearBalanceAmt
FieldValueIRS element (for citing)
Prmnnt Endowment Balance EOY1.00000PrmnntEndowmentBalanceEOYPct
Endowments Held Unrelated OrgfalseEndowmentsHeldUnrelatedOrgInd
Endowments Held Related OrgfalseEndowmentsHeldRelatedOrgInd

Buildings BuildingsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$45,667OtherCostOrOtherBasisAmt
Book Value$45,667BookValueAmt

Equipment EquipmentGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$249,563OtherCostOrOtherBasisAmt
Depreciation$224,870DepreciationAmt
Book Value$24,693BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$70,360TotalBookValueLandBuildingsAmt
Footnote TextYes (X)FootnoteTextInd
Total Rev Etc Audited Fincl Stmt$4,887,248TotalRevEtcAuditedFinclStmtAmt
Net Unrealized Gains Invst-$591,170NetUnrealizedGainsInvstAmt
Donated Services And Use Fclts$248,512DonatedServicesAndUseFcltsAmt
Other Revenue-$31,111OtherRevenueAmt
Revenue Not Reported-$373,769RevenueNotReportedAmt
Revenue Subtotal$5,261,017RevenueSubtotalAmt
Investment Expenses Not Incld$20,835InvestmentExpensesNotIncldAmt
Revenue Not Reported Fincl Stmt$20,835RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990$5,281,852TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt$2,716,218TotExpnsEtcAuditedFinclStmtAmt
Donated Services Use Fclts$248,512DonatedServicesUseFcltsAmt
Expenses Not Reported$248,512ExpensesNotReportedAmt
Expenses Subtotal$2,467,706ExpensesSubtotalAmt
Investment Expenses Not Incld2$20,835InvestmentExpensesNotIncld2Amt
Other Expenses Not Included$31,111OtherExpensesNotIncludedAmt
Expenses Not Rpt Fincl Stmt$51,946ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990$2,519,652TotalExpensesPerForm990Amt

Supplemental Information Detail SupplementalInformationDetail (3 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
SCHEDULE D, PAGE 3, PART XTHE INSTITUTE IS EXEMPT FROM INCOME TAX UNDER IRC SECTION 501(C)(3), THOUGH IT IS SUBJECT TO TAX ON INCOME UNRELATED TO ITS EXEMPT PURPOSE, UNLESS THAT INCOME IS OTHERWISE EXCLUDED BY THE CODE. THE INSTITUTE HAS PROCESSES PRESENTLY IN PLACE TO ENSURE THE MAINTENANCE OF ITS TAX-EXEMPT STATUS; TO IDENTIFY AND REPORT UNRELATED INCOME; TO DETERMINE ITS FILING AND TAX OBLIGATIONS; AND TO IDENTIFY AND EVALUATE OTHER MATTERS THAT MAY BE CONSIDERED TAX POSITIONS. THE INSTITUTE HAS DETERMINED THAT THERE ARE NO MATERIAL UNCERTAIN TAX POSITIONS THAT REQUIRE RECOGNITION OR DISCLOSURE IN THE FINANCIAL STATEMENTS.
SCHEDULE D, PAGE 4, PART XI, LINE 2DFINANCIAL AID/SCHOLARSHIPS -31,111
SCHEDULE D, PAGE 4, PART XII, LINE 4BFINANCIAL AID/SCHOLARSHIPS 31,111

Schedule E IRS990ScheduleE

FieldValueIRS element (for citing)
Nondiscriminatory Policy StmtYes (true)NondiscriminatoryPolicyStmtInd
Policy Stmt In Brochures EtcYes (true)PolicyStmtInBrochuresEtcInd
Plcy Pblczd Via Broadcast MediaYes (true)PlcyPblczdViaBroadcastMediaInd
Maintain Racial Comp RecsYes (true)MaintainRacialCompRecsInd
Maintain Scholarships RecsYes (true)MaintainScholarshipsRecsInd
Maintain Cpy Of Brochures EtcYes (true)MaintainCpyOfBrochuresEtcInd
Maintain Cpy Of All SolYes (true)MaintainCpyOfAllSolInd
Discriminate Race Stdnts RghtsfalseDiscriminateRaceStdntsRghtsInd
Discriminate Race Admiss PlcyfalseDiscriminateRaceAdmissPlcyInd
Discriminate Race Emplm FcultyfalseDiscriminateRaceEmplmFcultyInd
Discriminate Race SchsfalseDiscriminateRaceSchsInd
Discriminate Race Educ PlcyfalseDiscriminateRaceEducPlcyInd
Discriminate Race Use Of FcltsfalseDiscriminateRaceUseOfFcltsInd
Discriminate Race Athlt ProgfalseDiscriminateRaceAthltProgInd
Discriminate Race Other ActyfalseDiscriminateRaceOtherActyInd
Government Financial Aid RcvdfalseGovernmentFinancialAidRcvdInd
Government Financial Aid RvkdfalseGovernmentFinancialAidRvkdInd
Compliance With Rev Proc7550Yes (true)ComplianceWithRevProc7550Ind

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferenceSCHEDULE E, LINE 3FormAndLineReferenceDesc
ExplanationOUR NONDISCRIMINATION POLICY IS POSTED IN THE MAIN HALL OF THE SCHOOL BUILDING. IN ADDITION, IT IS ALSO PRINTED IN THE STUDENT CATALOGUE AND ON THE BACK OF THE INTRODUCTORY BROCHURE. IT IS ALSO POSTED ON THE ORGANIZATION'S WEBSITE.ExplanationTxt

Schedule I IRS990ScheduleI

FieldValueIRS element (for citing)
Grant Records MaintainedYes (true)GrantRecordsMaintainedInd

Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp (3 entries)

Grant TypeGrantTypeTxtRecipientRecipientCntCash GrantCashGrantAmtValuation Method UsedValuationMethodUsedDescNon Cash AssistanceNonCashAssistanceDesc
INSTITUTIONAL AID107$14,178BOOKFINANCIAL AID
SUNG DUK SCHOLARSHIP5$11,973BOOKSCHOLARSHIP
OTHER SCHOLARSHIPS12$4,960BOOKSCHOLARSHIP

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferenceSCHEDULE I, PAGE 1, PART I, LINE 2FormAndLineReferenceDesc
ExplanationSCHOLARSHIP APPROVAL AND DOCUMENTATION IS MAINTAINED IN THE FINANCIAL AID OFFICE.ExplanationTxt

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (8 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990 - ORGANIZATION'S MISSIONTHE MISSION OF THE WON INSTITUTE OF GRADUATE STUDIES IS TO PROVIDE QUALITY GRADUATE-LEVEL PROFESSIONAL EDUCATION AND TRAINING THE PRACTICAL APPLICATIONS OF SPIRITUALITY AND THE HEALING ARTS FOR THE WELL-BEING OF INDIVIDUALS AND SOCIETY. THE PROGRAMS OFFERED ARE GRADUATE EDUCATION PROGRAMS LEADING TO MASTER OF WON BUDDHIST STUDIES, DOCTOR OF ACUPUNCTURE STUDIES, MASTERS OF ACUPUNCTURE STUDIES, AND A CERTIFICATE IN CHINESE HERBAL MEDICINE.
FORM 990, PAGE 6, PART VI, LINE 2BOK HYAE KOH BOKIN KIM TRUSTEE PRESIDENT SISTERS
FORM 990, PAGE 6, PART VI, LINE 11BTHE BOARD OF TRUSTEES REVIEWS THE FORM 990 BEFORE FILING.
FORM 990, PAGE 6, PART VI, LINE 12CTHE MEMBERS OF THE BOARD OF TRUSTEES REVIEWS THE CONFLICT OF INTEREST POLICY ANNUALLY. EACH MEMBER IS REQUESTED TO SIGN A FORM INDICATING IF THERE ARE ANY CONFLICTS.
FORM 990, PAGE 6, PART VI, LINE 15ATHE BOARD CONSIDERS SALARY SURVEYS OF OTHER COMPARABLE NON-PROFIT ENTITIES.
FORM 990, PAGE 6, PART VI, LINE 15BTHE BOARD CONSIDERS SALARY SURVEYS OF OTHER COMPARABLE NON-PROFIT ENTITIES.
FORM 990, PAGE 6, PART VI, LINE 19THE INSTITUTE WILL MAKE THE GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE UPON REQUEST.
FORM 990, PART XI, LINE 9FINANCIAL AID/SCHOLARSHIPS -31,111 FINANCIAL AID/SCHOLARSHIPS 31,111

Schedule R IRS990ScheduleR

Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp

Disregarded Entity Name DisregardedEntityName

FieldValueIRS element (for citing)
Business Name Line1WON EDIFICATION CENTER OF PA INCBusinessNameLine1Txt

US Address USAddress

FieldValueIRS element (for citing)
Address Line1430 LIMEKILN PIKEAddressLine1Txt
CityGLENSIDECityNm
State AbbreviationPAStateAbbreviationCd
ZIP19038ZIPCd
FieldValueIRS element (for citing)
EIN204086696EIN
Primary ActivitiesCHURCHPrimaryActivitiesTxt
Legal Domicile StatePALegalDomicileStateCd
Exempt Code Section501C3ExemptCodeSectionTxt
Public Charity Status1PublicCharityStatusTxt
Direct Controlling NAN/ADirectControllingNACd
Controlled OrganizationfalseControlledOrganizationInd
FieldValueIRS element (for citing)
Receipt Of Int Annts Rnts RyltsfalseReceiptOfIntAnntsRntsRyltsInd
Gift Grnt Or Cap Contri To Oth OrgfalseGiftGrntOrCapContriToOthOrgInd
Gift Grnt Cap Contri From Oth OrgfalseGiftGrntCapContriFromOthOrgInd
Loans Or Guarantees To Other OrgfalseLoansOrGuaranteesToOtherOrgInd
Loans Or Guarantees From Oth OrgYes (true)LoansOrGuaranteesFromOthOrgInd
Div Related OrganizationfalseDivRelatedOrganizationInd
Asset Sale To Other OrgfalseAssetSaleToOtherOrgInd
Asset Purchase From Other OrgfalseAssetPurchaseFromOtherOrgInd
Asset ExchangefalseAssetExchangeInd
Rental Of Facilities To Oth OrgfalseRentalOfFacilitiesToOthOrgInd
Rental Of Fclts From Oth OrgYes (true)RentalOfFcltsFromOthOrgInd
Perform Of Services For Oth OrgfalsePerformOfServicesForOthOrgInd
Perform Of Services By Other OrgfalsePerformOfServicesByOtherOrgInd
Sharing Of FacilitiesfalseSharingOfFacilitiesInd
Paid Employees SharingfalsePaidEmployeesSharingInd
Reimbursement Paid To Other OrgfalseReimbursementPaidToOtherOrgInd
Reimbursement Paid By Other OrgfalseReimbursementPaidByOtherOrgInd
Transfer To Other OrgfalseTransferToOtherOrgInd
Transfer From Other OrgfalseTransferFromOtherOrgInd

Transactions Related Org TransactionsRelatedOrgGrp (2 entries)

Transaction TypeTransactionTypeTxtInvolvedInvolvedAmtMethod Of Amount DeterminationMethodOfAmountDeterminationTxt
WON EDIFICATION CENTER OF PA INC
K$3,226,943FMV OF FUTURE RENTS
WON EDIFICATION CENTER OF PA INC
E$348,023BOOK