ANDREW JAY-HOON KIM MEMORIAL FOUNDATION (EIN 020603109) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

2003

Legal Domicile

Principal Officer

WILLIAM KIM

Phone

4154123585

Tax Period

2023-01-01 to 2023-12-31

ANDREW JAY-HOON KIM MEMORIAL FOUNDATION, founded in 2003, is a small nonprofit in the Education sector that reported $198K in total revenue in fiscal year 2023. Revenue surged 69% from the prior year, signaling strong growth momentum. Expenses of $267K exceeded revenue, resulting in a 35% operating deficit.

Mission

DEDICATED TO PROMOTING KOREAN-AMERICAN YOUTH THROUGH PRIZES AND AWARDS AND TO ENHANCING EFFORTS TO PREVENT FURTHER TRAGEDIES THORUGH SEMINARS AND/OR WORKSHOPS

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $95,480

Program Service Revenue $98,400

Investment Income $3,950

Other Revenue $0

TOTAL REVENUE $197,830

Expense Breakdown

Grants Paid $78,480

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $264,107

Other Expenses $188,269

TOTAL EXPENSES $266,749

Year-over-Year Comparison

	2023	2022	Change
Revenue	$197,830	$116,931	+0.7%
Expenses	$266,749	$132,711	+1.0%
Net Income	$-68,919	$-15,780	+3.4%

Key Indicators

✗ Grants to Organizations ✓ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

N/A

Volunteers

Governance Policies

✗ Conflict of Interest Policy

✗ Whistleblower Policy

✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

⚠ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
WILLIAM KIM	TREASURER	20.00	Officer	$0	$0	$0

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2025	No data	No data	No data	No data
2024	No data	No data	No data	No data
2023	$197,830	$266,749	$2,455,007	$-68,919
2022	$116,931	$132,711	$1,294,170	$-15,780
2021	$158,456	$20,673	$1,309,950	$137,783
2020	$272,607	$15,821	$1,172,143	$256,786
2019	$233,929	$118,480	$922,379	$115,449
2018	$102,767	$69,458	$806,416	$33,309

ANDREW JAY-HOON KIM MEMORIAL FOUNDATION