Skip to content
ProPublica Donate
ProPublica Donate

Moogoong Terrace Inc

Organization summary

Type of Nonprofit

Designated as a Organizations for any of the following purposes: religious, educational, charitable, scientific, literary, testing for public safety, fostering national or international amateur sports competition (as long as it doesn't provide athletic facilities or equipment), or the prevention of cruelty to children or animals.

Category: Housing, Shelter / Public Housing Facilities (NTEE)

Donations to this organization are tax deductible.

Summary charts: organization finances over time

Revenue
$969k (2023)

Expenses
$907k (2023)

Total Assets
$2.04M (2023)

Total Liabilities
$2.78M (2023)

Years with missing data
Source: Form 990 tax filings from 2011 to 2023

Tax Filings and Audits by Year

Form 990 is an information return that most organizations claiming federal tax-exempt status must file yearly with the IRS. Nonprofit Explorer has IRS digitized Form 990 data for filings processed in 2012 and later. If this organization filed an amended return, it may not be reflected below. Duplicate download links may indicate a resubmission or amendment to this organization's original return. Form 990 data is from the IRS.

Audits are required to be submitted by nonprofit organizations that spend $750,000 or more in federal grant money in a fiscal year. "Single audits" look at the entire organization's finances and compliance, while other audits are program specific. Nonprofit Explorer has PDFs of audits for some nonprofits for fiscal year 2015 and later. Audit data is from the Federal Audit Clearinghouse.

Fiscal Year Ending Dec.
2023

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$968,909
Expenses
$907,077
Net Income
$61,832
Net Assets
-$736,340
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $965,926
99.7%
Investment Income $2,158
0.2%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $825
0.1%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $289,354
31.9%
Assets/Debt
Total Assets $2,041,770
Total Liabilities $2,778,110
Net Assets -$736,340
Compensation
Key Employees and Officers Compensation Related Other
Arnie Choi (President) $0 $0 $0
Kent Chaegu Lee (Secretary) $0 $0 $0
Heon J Woo (Treasurer) $0 $0 $0
Dr Joseph Kim (Director) $0 $0 $0
Shinhae Oh (Director) $0 $0 $0
Ok Kyung Kim (Director) $0 $0 $0
Inhe Choi (Executive Director) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2022

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,008,260
Expenses
$900,424
Net Income
$107,836
Net Assets
-$798,172
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $1,006,898
99.9%
Investment Income $355
0.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $1,007
0.1%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $267,261
29.7%
Assets/Debt
Total Assets $2,017,766
Total Liabilities $2,815,938
Net Assets -$798,172
Compensation
Key Employees and Officers Compensation Related Other
Arnie Choi (President) $0 $0 $0
Kent Chaegu Lee (Secretary) $0 $0 $0
Heon J Woo (Treasurer) $0 $0 $0
Ransil Park (Director) $0 $0 $0
Joseph Kim (Director) $0 $0 $0
Inhe Choi (Executive Director) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2021

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$992,953
Expenses
$887,607
Net Income
$105,346
Net Assets
-$906,008
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $989,012
99.6%
Investment Income $289
0.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $3,652
0.4%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $289,624
32.6%
Assets/Debt
Total Assets $1,964,993
Total Liabilities $2,871,001
Net Assets -$906,008
Compensation
Key Employees and Officers Compensation Related Other
Richard Kison Hahn (President) $0 $0 $0
Heon J Woo (Secretary/ Treasurer) $0 $0 $0
Arnie Choi (Director) $0 $0 $0
Ransil Park (Director) $0 $0 $0
Inhe Choi (Executive Director) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2020

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$975,288
Expenses
$968,353
Net Income
$6,935
Net Assets
-$1,011,354
Notable Sources of Revenue Percent of Total Revenue
Contributions $787,836
80.8%
Program Services $178,175
18.3%
Investment Income $324
0.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $8,953
0.9%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $283,611
29.3%
Assets/Debt
Total Assets $1,988,131
Total Liabilities $2,999,485
Net Assets -$1,011,354
Compensation
Key Employees and Officers Compensation Related Other
Richard Kison Hahn (President) $0 $0 $0
Heon J Woo (Sec/Treas) $0 $0 $0
Arnie Choi (Director) $0 $0 $0
Kyu Young Park (Director) $0 $0 $0
Ransil Park (Director) $0 $0 $0
Peter Kim (Ex Officio) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2019

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$949,550
Expenses
$884,889
Net Income
$64,661
Net Assets
-$1,018,289
Notable Sources of Revenue Percent of Total Revenue
Contributions $765,022
80.6%
Program Services $183,317
19.3%
Investment Income $461
0.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $750
0.1%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $247,493
28.0%
Assets/Debt
Total Assets $2,155,394
Total Liabilities $3,173,683
Net Assets -$1,018,289

Document Links

Fiscal Year Ending Dec.
2018

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$821,211
Expenses
$837,473
Net Income
-$16,262
Net Assets
-$1,082,950
Notable Sources of Revenue Percent of Total Revenue
Contributions $641,711
78.1%
Program Services $178,666
21.8%
Investment Income $353
0.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $481
0.1%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $235,933
28.2%
Assets/Debt
Total Assets $2,061,952
Total Liabilities $3,144,902
Net Assets -$1,082,950

Document Links

Fiscal Year Ending Dec.
2017

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$923,959
Expenses
$942,137
Net Income
-$18,178
Net Assets
-$1,066,688
Notable Sources of Revenue Percent of Total Revenue
Contributions $744,144
80.5%
Program Services $176,070
19.1%
Investment Income $2,050
0.2%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $1,695
0.2%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $227,389
24.1%
Assets/Debt
Total Assets $2,162,027
Total Liabilities $3,228,715
Net Assets -$1,066,688

Document Links

Fiscal Year Ending Dec.
2016

No Extracted Financial Data

Form 990 documents are not available for this tax period, but audit documents are available for download.

Document Links

Fiscal Year Ending Dec.
2015

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$891,673
Expenses
$891,399
Net Income
$274
Net Assets
-$1,010,340
Notable Sources of Revenue Percent of Total Revenue
Contributions $726,114
81.4%
Program Services $163,218
18.3%
Investment Income $991
0.1%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $1,350
0.2%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $221,125
24.8%
Assets/Debt
Total Assets $2,274,907
Total Liabilities $3,285,247
Net Assets -$1,010,340

Document Links

Fiscal Year Ending Dec.
2014

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$883,516
Expenses
$916,623
Net Income
-$33,107
Net Assets
-$1,010,614
Notable Sources of Revenue Percent of Total Revenue
Contributions $735,309
83.2%
Program Services $145,401
16.5%
Investment Income $1,107
0.1%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $1,699
0.2%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $215,175
23.5%
Assets/Debt
Total Assets $2,306,400
Total Liabilities $3,317,014
Net Assets -$1,010,614

Document Links

Fiscal Year Ending Dec.
2013

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$575,119
Expenses
$850,961
Net Income
-$275,842
Net Assets
-$977,507
Notable Sources of Revenue Percent of Total Revenue
Contributions $431,334
75.0%
Program Services $139,793
24.3%
Investment Income $1,640
0.3%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $2,352
0.4%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $209,534
24.6%
Assets/Debt
Total Assets $2,392,076
Total Liabilities $3,369,583
Net Assets -$977,507

Document Links

Fiscal Year Ending Dec.
2012

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$804,975
Expenses
$902,882
Net Income
-$97,907
Net Assets
-$701,665
Notable Sources of Revenue Percent of Total Revenue
Contributions $663,517
82.4%
Program Services $137,413
17.1%
Investment Income $2,693
0.3%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $1,352
0.2%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $196,408
21.8%
Assets/Debt
Total Assets $2,687,684
Total Liabilities $3,389,349
Net Assets -$701,665

Document Links

Fiscal Year Ending Dec.
2011

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$881,071
Expenses
$885,494
Net Income
-$4,423
Net Assets
-$603,758
Notable Sources of Revenue Percent of Total Revenue
Contributions $736,343
83.6%
Program Services $128,575
14.6%
Investment Income $2,297
0.3%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $13,856
1.6%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $166,524
18.8%
Assets/Debt
Total Assets $2,814,339
Total Liabilities $3,418,097
Net Assets -$603,758

Document Links

Fiscal Year Ending Dec.
2010

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2009

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2008

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2007

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2005

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2004

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2003

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2002

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2001

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

About This Data

Nonprofit Explorer includes summary data for nonprofit tax returns and full Form 990 documents, in both PDF and digital formats.

The summary data contains information processed by the IRS during the 2012-2019 calendar years; this generally consists of filings for the 2011-2018 fiscal years, but may include older records. This data release includes only a subset of what can be found in the full Form 990s.

In addition to the raw summary data, we link to PDFs and digital copies of full Form 990 documents wherever possible. This consists of separate releases by the IRS of Form 990 documents processed by the agency, which we update regularly.

We also link to copies of audits nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year since 2016. These audits are copied from the Federal Audit Clearinghouse.

Which Organizations Are Here?

Every organization that has been recognized as tax exempt by the IRS has to file Form 990 every year, unless they make less than $200,000 in revenue and have less than $500,000 in assets, in which case they have to file form 990-EZ. Organizations making less than $50,000 don’t have to file either form but do have to let the IRS they’re still in business via a Form 990N "e-Postcard."

Nonprofit Explorer has organizations claiming tax exemption in each of the 27 subsections of the 501(c) section of the tax code, and which have filed a Form 990, Form 990EZ or Form 990PF. Taxable trusts and private foundations that are required to file a form 990PF are also included. Small organizations filing a Form 990N "e-Postcard" are not included in this data.

Types of Nonprofits

There are 27 nonprofit designations based on the numbered subsections of section 501(c) of the tax code. See the list »

Get the Data

For those interested in acquiring the original data from the source, here’s where our data comes from:

  • Raw filing data. Includes EINs and summary financials as structured data.
  • Exempt Organization profiles. Includes organization names, addresses, etc. You can merge this with the raw filing data using EIN numbers.
  • Form 990 documents. Prior to 2017, these documents were obtained and processed by Public.Resource.org and ProPublica. Bulk PDF downloads since 2017 are available from the IRS.
  • Form 990 documents as XML files. Includes complete filing data (financial details, names of officers, tax schedules, etc.) in machine-readable format. Only available for electronically filed documents. Electronic data released prior to October 2021 is also available through Amazon Web Services.
  • Audits. PDFs of single or program-specific audits for nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year. Available for fiscal year 2015 and later.

API

The data powering this website is available programmatically, via an API. Read the API documentation »