FURP.ORG / PUBLIC DATA EXPLORER

WON INSTITUTE OF GRADUATE STUDIES: Form 990, tax year 2018

View the entire original 990 at ProPublica ↗

Organization
WON INSTITUTE OF GRADUATE STUDIES (EIN 23-3102135)
Tax period
2018-07-01 to 2019-06-30
Filed
2019-12-17
IRS object ID
201913519349301006
Schema version
2018v3.1
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)
Return2019-12-17T10:44:54-06:00ReturnTs
Tax Period End2019-06-30TaxPeriodEndDt

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 Begin2018-07-01TaxPeriodBeginDt

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 Line1137 S EASTON ROADAddressLine1Txt
CityGLENSIDECityNm
State AbbreviationPAStateAbbreviationCd
ZIP19038ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonBOK HYAE KOH BAPersonNm
Person TitleTRUSTEEPersonTitleTxt
Phone2158848942PhoneNum
Signature2019-12-17SignatureDt
Discuss With Paid PreparerYes (true)DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonROBERT J MCNAMEEPreparerPersonNm
PTINP01428150PTIN
Phone2158874425PhoneNum
Preparation2019-12-17PreparationDt

Filing Security Information FilingSecurityInformation

IP Address IPAddress

FieldValueIRS element (for citing)
I Pv4 Address50.243.48.145IPv4AddressTxt
FieldValueIRS element (for citing)
IP2019-12-17IPDt
IP Tm10:44:54IPTm
IP TimezoneCSIPTimezoneCd
Filing License TypePFilingLicenseTypeCd
At Submission Creation Device Id5B93BBDA4A9A0302A325E5A1708065449D2ABAF9AtSubmissionCreationDeviceId
At Submission Filing Device Id358B9C2629B8503BD02F7454FFD448924ED25D9DAtSubmissionFilingDeviceId
FieldValueIRS element (for citing)
Tax2018TaxYr
Build TS2020-04-17 16:48:07ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerBOKIN KIMPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line1137 S EASTON RDAddressLine1Txt
CityGLENSIDECityNm
State AbbreviationPAStateAbbreviationCd
ZIP19038ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$1,828,756GrossReceiptsAmt
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,MASTER OF APPLIED MEDITATION STUDIES, MASTER OF ACUPUNCTURE STUDIES, AND A CERTIFICATE IN CHINESE HERBAL MEDICINE.ActivityOrMissionDesc
Voting Members Governing Body17VotingMembersGoverningBodyCnt
Voting Members Independent17VotingMembersIndependentCnt
Total Employee75TotalEmployeeCnt
Total Volunteers28TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
PY Contributions Grants$210,209PYContributionsGrantsAmt
CY Contributions Grants$450,079CYContributionsGrantsAmt
PY Program Service Revenue$1,159,889PYProgramServiceRevenueAmt
CY Program Service Revenue$1,248,349CYProgramServiceRevenueAmt
PY Investment Income$139,388PYInvestmentIncomeAmt
CY Investment Income$119,052CYInvestmentIncomeAmt
PY Other Revenue$15,361PYOtherRevenueAmt
CY Other Revenue$11,276CYOtherRevenueAmt
PY Total Revenue$1,524,847PYTotalRevenueAmt
CY Total Revenue$1,828,756CYTotalRevenueAmt
PY Grants And Similar Paid$66,385PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$58,317CYGrantsAndSimilarPaidAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$1,244,770PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$1,301,455CYSalariesCompEmpBnftPaidAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$63,412CYTotalFundraisingExpenseAmt
PY Other Expenses$535,146PYOtherExpensesAmt
CY Other Expenses$697,348CYOtherExpensesAmt
PY Total Expenses$1,846,301PYTotalExpensesAmt
CY Total Expenses$2,057,120CYTotalExpensesAmt
PY Revenues Less Expenses-$321,454PYRevenuesLessExpensesAmt
CY Revenues Less Expenses-$228,364CYRevenuesLessExpensesAmt
Total Assets BOY$3,964,951TotalAssetsBOYAmt
Total Assets EOY$3,745,065TotalAssetsEOYAmt
Total Liabilities BOY$635,456TotalLiabilitiesBOYAmt
Total Liabilities EOY$595,717TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$3,329,495NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$3,149,348NetAssetsOrFundBalancesEOYAmt
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, MASTER OF APPLIED MEDITATION STUDIES, MASTERS OF ACUPUNCTURE STUDIES, AND A CERTIFICATE IN CHINESE HERBAL MEDICINE.MissionDesc
Significant New Program SrvcfalseSignificantNewProgramSrvcInd
Significant ChangefalseSignificantChangeInd
Expense$1,239,826ExpenseAmt
Grant$58,317GrantAmt
Revenue$1,248,349RevenueAmt
DescTHE WON INSTITUTE IS A SPECIALIZED GRADUATE SCHOOL FOCUSING ON THE PROFESSIONAL AND PERSONAL DEVELOPMENT OF ITS STUDENTS. IT OFFERS THREE MASTER DEGREES: WON BUDDHIST STUDIES, APPLIED MEDITATION STUDIES, ACUPUNCTURE STUDIES, AND A CERTIFICATE PROGRAM IN CHINESE HERBAL MEDICINE. IT 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$1,239,826TotalProgramServiceExpensesAmt
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
Temp Or Permanent EndowmentsYes (true)TempOrPermanentEndowmentsInd
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 With Officer EntfalseBusinessRlnWithOfficerEntInd
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 Document15IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Employee75EmployeeCnt
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 Members17GoverningBodyVotingMembersCnt
Independent Voting Member17IndependentVotingMemberCnt
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 BodyYes (true)Form990ProvidedToGvrnBodyInd
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 (18 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmtOfficerOfficerInd
BOK HYAE KOH BA
TRUSTEE2.00Yes (X)$0$0$0
BARRY BELL PHD
TRUSTEE1.00Yes (X)$0$0$0
BENJAMIN BELL MHRM PHR
TRUSTEE1.00Yes (X)$0$0$0
SOOK JA CHOI MD
BOARD CHAIR3.00Yes (X)$0$0$0Yes (X)
CAROL GISSELQUIST MD MA
TRUSTEE1.00Yes (X)$0$0$0
REV BOKHEE KIM
TRUSTEE1.00Yes (X)$0$0$0
HEEJIN KIM PHD
BOARD SECRET1.00Yes (X)$0$0$0Yes (X)
HYESEON KIM MA
TRUSTEE2.00Yes (X)$0$0$0
SONG KEE KIM MD
TRUSTEE1.00Yes (X)$0$0$0
REV BYUNG SIK LEE
TRUSTEE1.00Yes (X)$0$0$0
LON FREDRIC PALITZ CPA
TRUSREE1.00Yes (X)$0$0$0
REV YOUNGSON SEOUNG
TRUSTEE1.00Yes (X)$0$0$0
LINDA L SILVA OM
TRUSTEE1.00Yes (X)$0$0$0
JAESUNG SIM PHD
TRUSTEE1.00Yes (X)$0$0$0
CHOL K SYN PHD
TRUSTEE2.00Yes (X)$0$0$0
REV YOON SUNG YANG
TRUSTEE1.00Yes (X)$0$0$0
SUE S YIE MD
TRUSTEE1.00Yes (X)$0$0$0
BOKIN KIM
PRESIDENT40.00$20,047$0$0Yes (X)
FieldValueIRS element (for citing)
Total Reportable Comp From Org$20,047TotalReportableCompFromOrgAmt
Former Ofcr Employees ListedfalseFormerOfcrEmployeesListedInd
Total Comp Greater Than150 KfalseTotalCompGreaterThan150KInd
Compensation From Other SrcsfalseCompensationFromOtherSrcsInd
All Other Contributions$450,079AllOtherContributionsAmt
Total Contributions$450,079TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp (2 entries)

DescDescBusinessBusinessCdTotal Revenue ColumnTotalRevenueColumnAmtRelated Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt
TUITION AND FEES611600$1,137,013$1,137,013
CLINIC TREATMENT611600$111,336$111,336
FieldValueIRS element (for citing)
Total Program Service Revenue$1,248,349TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$119,052TotalRevenueColumnAmt
Exclusion$119,052ExclusionAmt

Other Revenue Misc OtherRevenueMiscGrp

FieldValueIRS element (for citing)
DescOTHER INCOMEDesc
Total Revenue Column$11,276TotalRevenueColumnAmt
Exclusion$11,276ExclusionAmt
FieldValueIRS element (for citing)
Other Revenue Total$11,276OtherRevenueTotalAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$1,828,756TotalRevenueColumnAmt
Related Or Exempt Func Income$1,248,349RelatedOrExemptFuncIncomeAmt
Exclusion$130,328ExclusionAmt
FieldValueIRS element (for citing)
Info In Schedule O Part IXYes (X)InfoInScheduleOPartIXInd

Grants To Domestic Individuals GrantsToDomesticIndividualsGrp

FieldValueIRS element (for citing)
Total$58,317TotalAmt
Program Services$58,317ProgramServicesAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

FieldValueIRS element (for citing)
Total$20,047TotalAmt
Management And General$20,047ManagementAndGeneralAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$1,085,601TotalAmt
Program Services$685,867ProgramServicesAmt
Management And General$353,827ManagementAndGeneralAmt
Fundraising$45,907FundraisingAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

FieldValueIRS element (for citing)
Total$100,032TotalAmt
Program Services$55,284ProgramServicesAmt
Management And General$41,324ManagementAndGeneralAmt
Fundraising$3,424FundraisingAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$95,775TotalAmt
Program Services$60,676ProgramServicesAmt
Management And General$31,566ManagementAndGeneralAmt
Fundraising$3,533FundraisingAmt

Fees For Services Legal FeesForServicesLegalGrp

FieldValueIRS element (for citing)
Total$1,073TotalAmt
Management And General$1,073ManagementAndGeneralAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$13,202TotalAmt
Management And General$13,202ManagementAndGeneralAmt

Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp

FieldValueIRS element (for citing)
Total$18,240TotalAmt
Management And General$18,240ManagementAndGeneralAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$209,005TotalAmt
Program Services$159,055ProgramServicesAmt
Management And General$49,950ManagementAndGeneralAmt

Advertising AdvertisingGrp

FieldValueIRS element (for citing)
Total$60,621TotalAmt
Program Services$16,489ProgramServicesAmt
Management And General$44,132ManagementAndGeneralAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$62,714TotalAmt
Program Services$33,061ProgramServicesAmt
Management And General$22,776ManagementAndGeneralAmt
Fundraising$6,877FundraisingAmt

Information Technology InformationTechnologyGrp

FieldValueIRS element (for citing)
Total$80,542TotalAmt
Management And General$80,542ManagementAndGeneralAmt

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total$23,069TotalAmt
Program Services$17,763ProgramServicesAmt
Management And General$4,614ManagementAndGeneralAmt
Fundraising$692FundraisingAmt

Travel TravelGrp

FieldValueIRS element (for citing)
Total$22,768TotalAmt
Program Services$16,549ProgramServicesAmt
Management And General$6,219ManagementAndGeneralAmt

Conferences Meetings ConferencesMeetingsGrp

FieldValueIRS element (for citing)
Total$4,527TotalAmt
Program Services$960ProgramServicesAmt
Management And General$3,567ManagementAndGeneralAmt

Interest InterestGrp

FieldValueIRS element (for citing)
Total$11,635TotalAmt
Management And General$11,635ManagementAndGeneralAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$39,099TotalAmt
Program Services$30,106ProgramServicesAmt
Management And General$7,820ManagementAndGeneralAmt
Fundraising$1,173FundraisingAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$27,471TotalAmt
Program Services$23,277ProgramServicesAmt
Management And General$3,647ManagementAndGeneralAmt
Fundraising$547FundraisingAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDescTotalTotalAmtProgram ServicesProgramServicesAmtManagement And GeneralManagementAndGeneralAmtFundraisingFundraisingAmt
FACULTY AND STAFF DEVELOP$33,044$27,144$5,900
CONTRACTED SERVICES$20,162$11,171$8,556$435
REPAIRS AND MAINTENANCE$16,271$12,529$3,254$488
DUES AND SUBSCRIPTIONS$14,443$8,546$5,897

All Other Expenses AllOtherExpensesGrp

FieldValueIRS element (for citing)
Total$39,462TotalAmt
Program Services$23,032ProgramServicesAmt
Management And General$16,094ManagementAndGeneralAmt
Fundraising$336FundraisingAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$2,057,120TotalAmt
Program Services$1,239,826ProgramServicesAmt
Management And General$753,882ManagementAndGeneralAmt
Fundraising$63,412FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$11,091BOYAmt
EOY$132,654EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

FieldValueIRS element (for citing)
BOY$48,044BOYAmt
EOY$125,706EOYAmt

Accounts Receivable AccountsReceivableGrp

FieldValueIRS element (for citing)
BOY$22,943BOYAmt
EOY$21,257EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
BOY$26,079BOYAmt
EOY$16,041EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$988,735LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$457,976LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$538,636BOYAmt
EOY$530,759EOYAmt

Investments Pub Traded Sec InvestmentsPubTradedSecGrp

FieldValueIRS element (for citing)
BOY$3,314,282BOYAmt
EOY$2,914,511EOYAmt

Other Assets Total OtherAssetsTotalGrp

FieldValueIRS element (for citing)
BOY$3,876BOYAmt
EOY$4,137EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$3,964,951BOYAmt
EOY$3,745,065EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$85,904BOYAmt
EOY$77,730EOYAmt

Deferred Revenue DeferredRevenueGrp

FieldValueIRS element (for citing)
BOY$12,896BOYAmt
EOY$8,490EOYAmt

Unsecured Notes Loans Payable UnsecuredNotesLoansPayableGrp

FieldValueIRS element (for citing)
BOY$536,656BOYAmt
EOY$509,497EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$635,456BOYAmt
EOY$595,717EOYAmt
FieldValueIRS element (for citing)
Organization Follows SFAS117Yes (X)OrganizationFollowsSFAS117Ind

Unrestricted Net Assets UnrestrictedNetAssetsGrp

FieldValueIRS element (for citing)
BOY$511,736BOYAmt
EOY$73,965EOYAmt

Temporarily Rstr Net Assets TemporarilyRstrNetAssetsGrp

FieldValueIRS element (for citing)
BOY$112,664BOYAmt
EOY$314,871EOYAmt

Permanently Rstr Net Assets PermanentlyRstrNetAssetsGrp

FieldValueIRS element (for citing)
BOY$2,705,095BOYAmt
EOY$2,760,512EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$3,329,495BOYAmt
EOY$3,149,348EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$3,964,951BOYAmt
EOY$3,745,065EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss-$228,364ReconcilationRevenueExpnssAmt
Net Unrlzd Gains Losses Invst$48,217NetUnrlzdGainsLossesInvstAmt
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 RequiredfalseFederalGrantAuditRequiredInd

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$2,705,095BeginningYearBalanceAmt
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 Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp

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

CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$2,577,228BeginningYearBalanceAmt
Contributions$50,000ContributionsAmt
Investment Earnings Or Losses$174,522InvestmentEarningsOrLossesAmt
Grants Or Scholarships$18,284GrantsOrScholarshipsAmt
Other Expenditures$53,409OtherExpendituresAmt
Administrative Expenses$22,724AdministrativeExpensesAmt
End Year Balance$2,707,333EndYearBalanceAmt

CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$2,645,462BeginningYearBalanceAmt
Contributions$50,000ContributionsAmt
Investment Earnings Or Losses$46,753InvestmentEarningsOrLossesAmt
Grants Or Scholarships$19,466GrantsOrScholarshipsAmt
Other Expenditures$133,948OtherExpendituresAmt
Administrative Expenses$11,573AdministrativeExpensesAmt
End Year Balance$2,577,228EndYearBalanceAmt

CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$2,731,950BeginningYearBalanceAmt
Investment Earnings Or Losses$6,355InvestmentEarningsOrLossesAmt
Grants Or Scholarships$12,068GrantsOrScholarshipsAmt
Other Expenditures$71,075OtherExpendituresAmt
Administrative Expenses$9,700AdministrativeExpensesAmt
End Year Balance$2,645,462EndYearBalanceAmt
FieldValueIRS element (for citing)
Prmnnt Endowment Balance EOY1.00000PrmnntEndowmentBalanceEOYPct
Endowments Held Unrelated OrgfalseEndowmentsHeldUnrelatedOrgInd
Endowments Held Related OrgfalseEndowmentsHeldRelatedOrgInd

Land LandGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$60,000OtherCostOrOtherBasisAmt
Book Value$60,000BookValueAmt

Buildings BuildingsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$700,224OtherCostOrOtherBasisAmt
Depreciation$277,740DepreciationAmt
Book Value$422,484BookValueAmt

Equipment EquipmentGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$228,511OtherCostOrOtherBasisAmt
Depreciation$180,236DepreciationAmt
Book Value$48,275BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$530,759TotalBookValueLandBuildingsAmt
Footnote TextYes (X)FootnoteTextInd
Total Rev Etc Audited Fincl Stmt$2,008,773TotalRevEtcAuditedFinclStmtAmt
Net Unrealized Gains Invst$48,217NetUnrealizedGainsInvstAmt
Donated Services And Use Fclts$208,357DonatedServicesAndUseFcltsAmt
Other Revenue-$58,317OtherRevenueAmt
Revenue Not Reported$198,257RevenueNotReportedAmt
Revenue Subtotal$1,810,516RevenueSubtotalAmt
Investment Expenses Not Incld$18,240InvestmentExpensesNotIncldAmt
Revenue Not Reported Fincl Stmt$18,240RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990$1,828,756TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt$2,188,920TotExpnsEtcAuditedFinclStmtAmt
Donated Services Use Fclts$208,357DonatedServicesUseFcltsAmt
Expenses Not Reported$208,357ExpensesNotReportedAmt
Expenses Subtotal$1,980,563ExpensesSubtotalAmt
Investment Expenses Not Incld2$18,240InvestmentExpensesNotIncld2Amt
Other Expenses Not Included$58,317OtherExpensesNotIncludedAmt
Expenses Not Rpt Fincl Stmt$76,557ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990$2,057,120TotalExpensesPerForm990Amt

Supplemental Information Detail SupplementalInformationDetail (3 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
SCHEDULE D, PAGE 3, PART XTHE INSTITUTE ADOPTED THE INCOME STANDARD RELATED TO THE RECOGNITION AND MEASUREMENT OF UNCERTAIN TAX POSITIONS. THE ADOPTION OF THIS STANDARD HAD NO FINANCIAL STATEMENT EFFECT FOR THE INSTITUTE. THE INSTITUTE IS NO LONGER SUBJECT TO FEDERAL AND STATE TAX EXAMINATIONS FOR THE YEARS PRIOR TO 2016.
SCHEDULE D, PAGE 4, PART XI, LINE 2DFINANCIAL AID/SCHOLARSHIPS -58,317
SCHEDULE D, PAGE 4, PART XII, LINE 4BFINANCIAL AID/SCHOLARSHIPS 58,317

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 (4 entries)

Grant TypeGrantTypeTxtRecipientRecipientCntNon Cash AssistanceNonCashAssistanceAmtValuation Method UsedValuationMethodUsedDescNon Cash AssistanceNonCashAssistanceDesc
INSTITUTIONAL AID13$24,000BOOKFINANCIAL AID
SHENNONG SCHOLARSHIP1$8,637BOOKSCHOLARSHIP
SONG EUN SCHOLARSHIP5$10,680BOOKSCHOLARSHIP
SUNG DUK SCHOLARSHIP8$15,000BOOKSCHOLARSHIP

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, MASTER OF APPLIED MEDITATION 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 IX, LINE 11GCONSULTING 159,055 49,950 0

Schedule R IRS990ScheduleR

Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp (2 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdEINEINPrimary ActivitiesPrimaryActivitiesTxtLegal Domicile StateLegalDomicileStateCdExempt Code SectionExemptCodeSectionTxtPublic Charity StatusPublicCharityStatusTxtDirect Controlling NADirectControllingNACdControlled OrganizationControlledOrganizationInd
WON BUDDHISM OF PHILADELPHIA INC
423 ABINGTON AVENUEGLENSIDEPA19038232443526TEMPLEPA501C31N/Afalse
WON EDIFICATION CENTER OF PA INC
430 LIMEKILN PIKEGLENSIDEPA19038204086696CHURCHPA501C31N/Afalse
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 BUDDHISM OF PHILADELPHIA INC
K$1BOOK
WON EDIFICATION CENTER OF PA INC
E$500,000BOOK