FURP.ORG / PUBLIC DATA EXPLORER

WON INSTITUTE OF GRADUATE STUDIES: Form 990, tax year 2024

View the entire original 990 at ProPublica ↗

Organization
WON INSTITUTE OF GRADUATE STUDIES (EIN 23-3102135)
Tax period
2024-07-01 to 2025-06-30
Filed
2025-12-04
IRS object ID
202533389349300818
Schema version
2024v5.0
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)
Return2025-12-04T12:22:49-05:00ReturnTs
Tax Period End2025-06-30TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN882373175PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1GALANI & ASSOCIATES LLCBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line1PO BOX 535AddressLine1Txt
CityPAOLICityNm
State AbbreviationPAStateAbbreviationCd
ZIP19301ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2024-07-01TaxPeriodBeginDt

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 ROADAddressLine1Txt
CityWARMINSTERCityNm
State AbbreviationPAStateAbbreviationCd
ZIP18974ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonWONSUN OH PHDPersonNm
Person TitlePRESIDENTPersonTitleTxt
Phone2158848942PhoneNum
Signature2025-12-04SignatureDt
FieldValueIRS element (for citing)
IRS Responsible Prty Info CurrfalseIRSResponsiblePrtyInfoCurrInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonANTHONY GALANI CPAPreparerPersonNm
PTINP00971702PTIN
Phone4849618536PhoneNum
Preparation2025-12-04PreparationDt
Self EmployedYes (X)SelfEmployedInd
FieldValueIRS element (for citing)
Tax2024TaxYr
Build TS2025-03-06 01:10:19ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerWONSUN OH PHDPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line1800 JACKSONVILLE ROADAddressLine1Txt
CityWARMINSTERCityNm
State AbbreviationPAStateAbbreviationCd
ZIP18974ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$2,785,239GrossReceiptsAmt
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, MASTER OF ACUPUNCTURE STUDIES, CERTIFICATE IN CHINESE HERBAL MEDICINE, CERTIFICATE OF WON BUDDHIST STUDIES, AND CONTINUING EDUCATION ACCREDITED BY ACAHM AND MSCHE.ActivityOrMissionDesc
Voting Members Governing Body15VotingMembersGoverningBodyCnt
Voting Members Independent15VotingMembersIndependentCnt
Total Employee85TotalEmployeeCnt
Total Volunteers30TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
PY Contributions Grants$334,111PYContributionsGrantsAmt
CY Contributions Grants$184,606CYContributionsGrantsAmt
PY Program Service Revenue$2,542,424PYProgramServiceRevenueAmt
CY Program Service Revenue$2,490,113CYProgramServiceRevenueAmt
PY Investment Income$80,084PYInvestmentIncomeAmt
CY Investment Income$110,520CYInvestmentIncomeAmt
CY Other Revenue$0CYOtherRevenueAmt
PY Total Revenue$2,956,619PYTotalRevenueAmt
CY Total Revenue$2,785,239CYTotalRevenueAmt
PY Grants And Similar Paid$96,939PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$130,014CYGrantsAndSimilarPaidAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$1,799,144PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$1,918,330CYSalariesCompEmpBnftPaidAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$66,829CYTotalFundraisingExpenseAmt
PY Other Expenses$948,845PYOtherExpensesAmt
CY Other Expenses$939,855CYOtherExpensesAmt
PY Total Expenses$2,844,928PYTotalExpensesAmt
CY Total Expenses$2,988,199CYTotalExpensesAmt
PY Revenues Less Expenses$111,691PYRevenuesLessExpensesAmt
CY Revenues Less Expenses-$202,960CYRevenuesLessExpensesAmt
Total Assets BOY$6,808,401TotalAssetsBOYAmt
Total Assets EOY$7,025,886TotalAssetsEOYAmt
Total Liabilities BOY$443,339TotalLiabilitiesBOYAmt
Total Liabilities EOY$624,642TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$6,365,062NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$6,401,244NetAssetsOrFundBalancesEOYAmt
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 IN 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, MASTER OF ACUPUNCTURE STUDIES, CERTIFICATE IN CHINESE HERBAL MEDICINE, AND CERTIFICATE OF WON BUDDHIST STUDIES.MissionDesc
Significant New Program SrvcfalseSignificantNewProgramSrvcInd
Significant ChangefalseSignificantChangeInd
Expense$1,797,376ExpenseAmt
Grant$130,014GrantAmt
Revenue$2,490,113RevenueAmt
DescTHE WON INSTITUTE IS A SPECIALIZED GRADUATE SCHOOL FOCUSING ON THE PROFESSIONAL AND PERSONAL DEVELOPMENT OF ITS STUDENTS. IT OFFERS GRADUATE PROGRAMS IN WON BUDDHIST STUDIES, DOCTOR OF ACUPUNCTURE, ACUPUNCTURE STUDIES, CERTIFICATE PROGRAM IN CHINESE HERBAL MEDICINE, AND CERTIFICATE OF WON BUDDHIST STUDIES. 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$1,797,376TotalProgramServiceExpensesAmt
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 Document27IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Backup Wthld CompliancefalseBackupWthldComplianceInd
Employee85EmployeeCnt
Employment Tax Returns FiledYes (true)EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over LimitfalseUnrelatedBusIncmOverLimitInd
Foreign Financial AccountfalseForeignFinancialAccountInd
Prohibited Tax Shelter TransfalseProhibitedTaxShelterTransInd
Taxable Party NotificationfalseTaxablePartyNotificationInd
Nondeductible ContributionsfalseNondeductibleContributionsInd
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 Members15GoverningBodyVotingMembersCnt
Independent Voting Member15IndependentVotingMemberCnt
Family Or Business RlnfalseFamilyOrBusinessRlnInd
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
States Where Copy Of Return Is FldPAStatesWhereCopyOfReturnIsFldCd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

FieldValueIRS element (for citing)
PersonJUNGSOONAKBINJOPersonNm
Phone2158843469PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1800 JACKSONVILLE ROADAddressLine1Txt
CityWARMINSTERCityNm
State AbbreviationPAStateAbbreviationCd
ZIP18974ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (16 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtOfficerOfficerIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorInd
WONSUN OH PHD
PRESIDENT40.00Yes (X)$104,415$0$0
BOK HYAE KOH BA
TRUSTEE1.00$0$0$0Yes (X)
REV BOKHEE KIM
TRUSTEE1.00$0$0$0Yes (X)
MYUNGKI CHA PHD LD
TRUSTEE1.00$0$0$0Yes (X)
REV SUNGHA 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)
YOUP HUR MA
TRUSTEE1.00$0$0$0Yes (X)
SOOK JA CHOI MD
BOARD CHAIR1.00Yes (X)$0$0$0Yes (X)
SUE YIE MD
TRUSTEE1.00$0$0$0Yes (X)
KALPANA PATANKAR MD MAC DIOL OM
TRUSTEE1.00$0$0$0Yes (X)
BARRY BELL PHD
TRUSTEE1.00$0$0$0Yes (X)
CHOL K SYN PHD
BOARD SECRET1.00Yes (X)$0$0$0Yes (X)
HEEJIN KIM PHD
TRUSTEE1.00$0$0$0Yes (X)
BENJAMIN BELL MHRM PHR
BOARD GOV. &1.00$0$0$0Yes (X)
REV YOUNG SUN SEOUNG
TRUSTEE1.00$0$0$0Yes (X)
FieldValueIRS element (for citing)
Total Reportable Comp From Org$104,415TotalReportableCompFromOrgAmt
Indiv Rcvd Greater Than100 K1IndivRcvdGreaterThan100KCnt
Former Ofcr Employees ListedfalseFormerOfcrEmployeesListedInd
Total Comp Greater Than150 KfalseTotalCompGreaterThan150KInd
Compensation From Other SrcsfalseCompensationFromOtherSrcsInd
All Other Contributions$184,606AllOtherContributionsAmt
Total Contributions$184,606TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp (3 entries)

DescDescBusinessBusinessCdTotal Revenue ColumnTotalRevenueColumnAmtRelated Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt
TUITION AND FEES611600$2,221,198$2,221,198
CLINIC TREATMENT611600$263,737$263,737
OTHER EDUCATIONAL SERVICES611600$5,178$5,178
FieldValueIRS element (for citing)
Total Program Service Revenue$2,490,113TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$110,520TotalRevenueColumnAmt
Exclusion$110,520ExclusionAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$2,785,239TotalRevenueColumnAmt
Related Or Exempt Func Income$2,490,113RelatedOrExemptFuncIncomeAmt
Exclusion$110,520ExclusionAmt

Grants To Domestic Individuals GrantsToDomesticIndividualsGrp

FieldValueIRS element (for citing)
Total$130,014TotalAmt
Program Services$130,014ProgramServicesAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$1,657,619TotalAmt
Program Services$993,696ProgramServicesAmt
Management And General$617,014ManagementAndGeneralAmt
Fundraising$46,909FundraisingAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

FieldValueIRS element (for citing)
Total$124,455TotalAmt
Program Services$80,904ProgramServicesAmt
Management And General$40,474ManagementAndGeneralAmt
Fundraising$3,077FundraisingAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$136,256TotalAmt
Program Services$87,624ProgramServicesAmt
Management And General$45,120ManagementAndGeneralAmt
Fundraising$3,512FundraisingAmt

Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp

FieldValueIRS element (for citing)
Total$21,259TotalAmt
Management And General$21,259ManagementAndGeneralAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$171,592TotalAmt
Program Services$53,616ProgramServicesAmt
Management And General$116,069ManagementAndGeneralAmt
Fundraising$1,907FundraisingAmt

Advertising AdvertisingGrp

FieldValueIRS element (for citing)
Total$11,639TotalAmt
Program Services$11,191ProgramServicesAmt
Management And General$448ManagementAndGeneralAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$626TotalAmt
Management And General$626ManagementAndGeneralAmt

Information Technology InformationTechnologyGrp

FieldValueIRS element (for citing)
Total$87,403TotalAmt
Management And General$83,803ManagementAndGeneralAmt
Fundraising$3,600FundraisingAmt

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total$148,701TotalAmt
Program Services$114,500ProgramServicesAmt
Management And General$29,740ManagementAndGeneralAmt
Fundraising$4,461FundraisingAmt

Travel TravelGrp

FieldValueIRS element (for citing)
Total$15,328TotalAmt
Program Services$12,112ProgramServicesAmt
Management And General$3,216ManagementAndGeneralAmt

Conferences Meetings ConferencesMeetingsGrp

FieldValueIRS element (for citing)
Total$2,063TotalAmt
Program Services$496ProgramServicesAmt
Management And General$1,567ManagementAndGeneralAmt

Interest InterestGrp

FieldValueIRS element (for citing)
Total$19,322TotalAmt
Management And General$19,322ManagementAndGeneralAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$11,417TotalAmt
Program Services$8,791ProgramServicesAmt
Management And General$2,283ManagementAndGeneralAmt
Fundraising$343FundraisingAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$50,895TotalAmt
Program Services$40,565ProgramServicesAmt
Management And General$8,983ManagementAndGeneralAmt
Fundraising$1,347FundraisingAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDescTotalTotalAmtProgram ServicesProgramServicesAmtManagement And GeneralManagementAndGeneralAmtFundraisingFundraisingAmt
MARKETING$109,156$22,919$86,237
SUPPLIES$84,317$69,416$14,901
STUDENT ELECTIVE TRIPS$40,653$40,653
UTILITIES$40,636$31,290$8,127$1,219

All Other Expenses AllOtherExpensesGrp

FieldValueIRS element (for citing)
Total$124,848TotalAmt
Program Services$99,589ProgramServicesAmt
Management And General$24,805ManagementAndGeneralAmt
Fundraising$454FundraisingAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$2,988,199TotalAmt
Program Services$1,797,376ProgramServicesAmt
Management And General$1,123,994ManagementAndGeneralAmt
Fundraising$66,829FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$94,869BOYAmt
EOY$95,527EOYAmt

Pledges And Grants Receivable PledgesAndGrantsReceivableGrp

FieldValueIRS element (for citing)
BOY$2,977,386BOYAmt
EOY$2,894,200EOYAmt

Accounts Receivable AccountsReceivableGrp

FieldValueIRS element (for citing)
BOY$34,530BOYAmt
EOY$65,491EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
BOY$14,554BOYAmt
EOY$14,409EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$447,056LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$228,785LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$212,187BOYAmt
EOY$218,271EOYAmt

Investments Pub Traded Sec InvestmentsPubTradedSecGrp

FieldValueIRS element (for citing)
BOY$3,467,828BOYAmt
EOY$3,732,667EOYAmt

Other Assets Total OtherAssetsTotalGrp

FieldValueIRS element (for citing)
BOY$7,047BOYAmt
EOY$5,321EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$6,808,401BOYAmt
EOY$7,025,886EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$118,990BOYAmt
EOY$104,130EOYAmt

Deferred Revenue DeferredRevenueGrp

FieldValueIRS element (for citing)
BOY$23,800BOYAmt

Unsecured Notes Loans Payable UnsecuredNotesLoansPayableGrp

FieldValueIRS element (for citing)
BOY$300,549BOYAmt
EOY$520,512EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$443,339BOYAmt
EOY$624,642EOYAmt
FieldValueIRS element (for citing)
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY-$164,659BOYAmt
EOY-$273,117EOYAmt

Donor Restriction Net Assets DonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$6,529,721BOYAmt
EOY$6,674,361EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$6,365,062BOYAmt
EOY$6,401,244EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$6,808,401BOYAmt
EOY$7,025,886EOYAmt
FieldValueIRS element (for citing)
Info In Schedule O Part XIYes (X)InfoInScheduleOPartXIInd
Reconcilation Revenue Expnss-$202,960ReconcilationRevenueExpnssAmt
Net Unrlzd Gains Losses Invst$238,781NetUnrlzdGainsLossesInvstAmt
Other Changes In Net Assets$361OtherChangesInNetAssetsAmt
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$2,723,527BeginningYearBalanceAmt
Investment Earnings Or Losses$300,309InvestmentEarningsOrLossesAmt
Grants Or Scholarships$29,304GrantsOrScholarshipsAmt
Other Expenditures$51,751OtherExpendituresAmt
Administrative Expenses$18,479AdministrativeExpensesAmt
End Year Balance$2,924,302EndYearBalanceAmt

CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$2,507,591BeginningYearBalanceAmt
Investment Earnings Or Losses$312,973InvestmentEarningsOrLossesAmt
Grants Or Scholarships$25,394GrantsOrScholarshipsAmt
Other Expenditures$52,420OtherExpendituresAmt
Administrative Expenses$19,223AdministrativeExpensesAmt
End Year Balance$2,723,527EndYearBalanceAmt

CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$2,408,382BeginningYearBalanceAmt
Contributions$25,000ContributionsAmt
Investment Earnings Or Losses$175,441InvestmentEarningsOrLossesAmt
Grants Or Scholarships$27,869GrantsOrScholarshipsAmt
Other Expenditures$53,143OtherExpendituresAmt
Administrative Expenses$20,220AdministrativeExpensesAmt
End Year Balance$2,507,591EndYearBalanceAmt

CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp

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 Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp

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
FieldValueIRS element (for citing)
Prmnnt Endowment Balance EOY1.00000PrmnntEndowmentBalanceEOYPct
Endowments Held Unrelated OrgfalseEndowmentsHeldUnrelatedOrgInd
Endowments Held Related OrgfalseEndowmentsHeldRelatedOrgInd

Leasehold Improvements LeaseholdImprovementsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$174,775OtherCostOrOtherBasisAmt
Depreciation$16,361DepreciationAmt
Book Value$158,414BookValueAmt

Equipment EquipmentGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$193,617OtherCostOrOtherBasisAmt
Depreciation$178,941DepreciationAmt
Book Value$14,676BookValueAmt

Other Land Buildings OtherLandBuildingsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$78,664OtherCostOrOtherBasisAmt
Depreciation$33,483DepreciationAmt
Book Value$45,181BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$218,271TotalBookValueLandBuildingsAmt
Footnote TextYes (X)FootnoteTextInd
Total Rev Etc Audited Fincl Stmt$3,112,753TotalRevEtcAuditedFinclStmtAmt
Net Unrealized Gains Invst$238,781NetUnrealizedGainsInvstAmt
Donated Services And Use Fclts$239,645DonatedServicesAndUseFcltsAmt
Other Revenue-$130,014OtherRevenueAmt
Revenue Not Reported$348,412RevenueNotReportedAmt
Revenue Subtotal$2,764,341RevenueSubtotalAmt
Investment Expenses Not Incld$21,259InvestmentExpensesNotIncldAmt
Other Revenues Not Included-$361OtherRevenuesNotIncludedAmt
Revenue Not Reported Fincl Stmt$20,898RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990$2,785,239TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt$3,076,571TotExpnsEtcAuditedFinclStmtAmt
Donated Services Use Fclts$239,645DonatedServicesUseFcltsAmt
Expenses Not Reported$239,645ExpensesNotReportedAmt
Expenses Subtotal$2,836,926ExpensesSubtotalAmt
Investment Expenses Not Incld2$21,259InvestmentExpensesNotIncld2Amt
Other Expenses Not Included$130,014OtherExpensesNotIncludedAmt
Expenses Not Rpt Fincl Stmt$151,273ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990$2,988,199TotalExpensesPerForm990Amt

Supplemental Information Detail SupplementalInformationDetail (4 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 PURPOSES, 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 2DSCHOLARSHIPS -74,387 REMISSIONS -55,627
SCHEDULE D, PAGE 4, PART XI, LINE 4BOTHER -361
SCHEDULE D, PAGE 4, PART XII, LINE 4BSCHOLARSHIPS 74,387 TUITION REMISSIONS 55,627

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 INSTITUTE'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 TypeGrantTypeTxtRecipientRecipientCntCash GrantCashGrantAmtValuation Method UsedValuationMethodUsedDescNon Cash AssistanceNonCashAssistanceDesc
INSTITUTIONAL AID46$39,960BOOKFINANCIAL AID
SUNG DUK SCHOLARSHIP14$17,911BOOKSCHOLARSHIP
OTHER SCHOLARSHIPS20$16,516BOOKSCHOLARSHIP
TUITION REMISSIONS25$55,627BOOKREMISSION

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 (7 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 IN 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, MASTER OF ACUPUNCTURE STUDIES, CERTIFICATE IN CHINESE HERBAL MEDICINE, AND CERTIFICATE OF WON BUDDHIST STUDIES.
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 REVIEW THE CONFLICT OF INTEREST POLICY ANNUALLY. EACH MEMBER IS REQUIRED 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 9SCHOLARSHIPS -74,387 REMISSIONS -55,627 OTHER 361 SCHOLARSHIPS 74,387 TUITION REMISSIONS 55,627 TOTAL 361

Schedule R IRS990ScheduleR

Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp

Disregarded Entity Name DisregardedEntityName

FieldValueIRS element (for citing)
Business Name Line1WON EDIFICAION 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 Entity Name DirectControllingEntityName

FieldValueIRS element (for citing)
Business Name Line1NABusinessNameLine1Txt
FieldValueIRS element (for citing)
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$2,894,200FMV OF FUTURE RENTS
WON EDIFICATION CENTER OF PA INC
E$160,566BOOK