Skip to content
Nonprofiteer
← SOMANG SOCIETY

Form 990 for tax year 2024

Filed by SOMANG SOCIETY.

Totals

Total revenue
$648,683
Total expenses
$647,913
Contributions and grants received
$593,847
Grants paid
$104,332
Program service revenue
$41,510
Investment income
$495
Other revenue
$12,831
Total assets, end of year
$351,508
Total liabilities, end of year
$8,978
Net assets or fund balances, end of year
$342,530
Program services expenses (Part IX)
$399,850
Management and general expenses
$229,418
Fundraising expenses
$18,645
Program service expenses (Part III)
$647,913

Program services were 61.7% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1b · Membership dues

    $30,280

  • 1e · Government grants (contributions)

    $308,780

  • 1f · All other contributions, gifts and grants

    $254,787

  • 2a · Program service revenue: SEMINAR

    total $41,510 · related or exempt $41,510

  • 3 · Investment income

    total $495 · excluded $495

  • 11a · Other revenue: PUBLICATION

    total $12,831 · excluded $12,831

  • 11e · Other revenue, total

    $12,831

Functional expenses

Part IX, the statement of functional expenses.

  • 3 · Grants to foreign organizations and individuals

    total $104,332 · program services $104,332

  • 7 · Other salaries and wages

    total $187,062 · program services $92,157 · management and general $86,172 · fundraising $8,733

  • 9 · Other employee benefits

    total $400 · management and general $400

  • 10 · Payroll taxes

    total $15,156 · program services $7,451 · management and general $6,999 · fundraising $706

  • 11c · Fees: accounting

    total $9,155 · management and general $9,155

  • 11g · Fees: other

    total $82,296 · program services $80,023 · management and general $1,773 · fundraising $500

  • 12 · Advertising and promotion

    total $6,300 · program services $2,200 · management and general $1,800 · fundraising $2,300

  • 13 · Office expenses

    total $104,210 · program services $54,378 · management and general $46,110 · fundraising $3,722

  • 14 · Information technology

    total $9,422 · program services $6,128 · management and general $3,294

  • 16 · Occupancy

    total $80,413 · program services $32,400 · management and general $48,013

  • 17 · Travel

    total $8,134 · program services $1,011 · management and general $6,240 · fundraising $883

  • 18 · Travel or entertainment for public officials

    total $7,538 · program services $215 · management and general $6,999 · fundraising $324

  • 19 · Conferences, conventions and meetings

    total $18,698 · program services $15,657 · management and general $1,564 · fundraising $1,477

  • 22 · Depreciation, depletion and amortization

    total $3,223 · program services $3,223

  • 23 · Insurance

    total $6,372 · management and general $6,372

  • 24a · Other expenses: DUES & SUBSCRIPTIONS

    total $3,061 · management and general $3,061

  • 24b · Other expenses: BANK CHARGES

    total $1,466 · management and general $1,466

  • 24c · Other expenses: EDUCATION

    total $675 · program services $675

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $340,538 · end of year $348,851

  • 10a · Land, buildings and equipment: cost or other basis

    $89,364

  • 10b · Land, buildings and equipment: accumulated depreciation

    $86,707

  • 10c · Land, buildings and equipment, net

    beginning of year $3,995 · end of year $2,657

  • 25 · Other liabilities

    beginning of year $2,773 · end of year $8,978

  • 31 · Retained earnings, endowment or other funds

    beginning of year $341,760 · end of year $342,530

Mission and programs · 2024

Mission

TO PROMOTE WELL-DYING PROGRAMS BY CONDUCTING SEMINARS, SYMPOSIUMS AND JOURNAL PUBLICATIONS TO EDUCATE AND PROMOTE WELL-BEING, WELL-AGING, AND WELL-DYING

  • WELL-BEING PROGRAM WELL DIGGING AND SCHOOL SET-UP IN CHAD, AFRICA WAS PERFORMED BY GOOD NEIGHBOR USA UP UNTIL 2014. STARTING 2015, HOWEVER, SOMANG SOCIETY IS DIRECTLY PERFORMING THESE PROJECTS AND OTHER HUMANITARIAN PROJECTS BY SETTING UP A LOCAL OFFICE BY APPOINTING A LOCAL DIRECTOR. CHAD GOVERNMENT APPROVED THE LOCAL AGENCY OF SOMANG SOCIETY AS NON-PROFIT ORGANIZATION.

    Expenses $122,553 · Grants $104,332 · Revenue $178,504

  • WELL-AGING AND WELL-DYING PROGRAM SOMANG CARE CLASS WAS STRTING 2015 FOR DEMENTIA PATIENTS, THEIR FAMILIES AND CAREGIVERS. IT OFFERS A PLANNED PROGRAM OF ACTIVITIES DESIGNED TO PROMOTE WELL-AGING THROUGH SOCIALIZATION AND STIMULATION. DEMENTIA PATIENTS ARE CARED IN SUPPORTIVE, SAFE AND CHEERFUL ENVIRONMENT BY TRAINED STAFFS AND VOLUTEERS. SOMANG SOCIETY PROVIDES EDUCATION ON SUBJECTS RELATED TO END OF LIFE PREPARATION SUCH AS OF ADVANCE HEALTHCARE DIRECTIVES, HOSPICE CARE, WELLED BODY PROGRAM AND EMERGENCY CONTACT CARD BY FACILITATING SEMINARS, WORKSHOPS, FORUM, AND ANNUAL CONFERECES AS WELL.

    Expenses $525,360 · Revenue $470,179

As filed on the 2024 return.

Listed in Part VII

  • Hye-Won G Shin Chae

    SECRETARY

    Total calculated
    $60,000
    From this org
    $60,000
    From related orgs
    $0
    Other
    $0
    Hours/week
    16
  • Boon J Lee

    CEO

    Total calculated
    $0
  • Young G Chung

    CFO

    Total calculated
    $0

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.

Grants on this return

No itemized grants to organizations on this return.

Provenance

Return type
form_990
Tax year
2024
Filed
15 May 2025
IRS schema version
2024v5.0
Source object
202503149349304400

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

The source document this was parsed from is served over the API, which is where bulk and document access live.