THE KOREAN-AMERICAN YOUTH FOUNDATION INC (EIN 113186054) - Form 990 Financial Analysis & Trantor Score

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

1993

Legal Domicile

Principal Officer

KWANGSOO KIM

Phone

9293224454

Tax Period

2023-01-01 to 2023-12-31

THE KOREAN-AMERICAN YOUTH FOUNDATION INC, founded in 1993, is a small nonprofit in the Youth Development sector that reported $102K in total revenue in fiscal year 2023. Revenue grew 9% year-over-year, indicating healthy expansion. Expenses of $122K exceeded revenue, resulting in a 20% operating deficit.

Mission

SUPPORTING AND EMPOWERING UNDERSERVED YOUTHS OF IMMIGRANT FAMILIES. TO PROMOTE THE WELFARE OF THE YOUTH GROUP IN KOREAN-AMERICAN COMMUNITY LOCATED IN THE METROPOLITAN AREA.

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Trantor Score

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

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

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $46,228

Program Service Revenue $0

Investment Income $0

Other Revenue $55,429

TOTAL REVENUE $101,657

Expense Breakdown

Grants Paid $0

Salaries & Benefits $74,489

Fundraising Expenses $22,908

Program Expenses $79,576

Other Expenses $47,115

TOTAL EXPENSES $121,604

Year-over-Year Comparison

	2023	2022	Change
Revenue	$101,657	$93,205	+0.1%
Expenses	$121,604	$71,265	+0.7%
Net Income	$-19,947	$21,940	-1.9%

Key Indicators

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

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Financial Health Indicators

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

Financial Distress Indicator

Liquidity & Cash Position

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

Governance

Voting Members

Independent Members

Employees

Volunteers

N/A

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
HEE SUK KIM	PRESIDENT	N/A	Director	$0	$0	$0
KWANGSOO KIM	CHAIRMAN	N/A	Officer	$0	$0	$0
ROBERT JOHGHOON	VICE CHAIRMA	N/A	Director	$0	$0	$0
PHILLIP HONG	DIRECTOR	N/A	Director	$0	$0	$0
CHRIS LEE	DIRECTOR	N/A	Director	$0	$0	$0
SEJIN LIM	DIRECTOR	N/A	Director	$0	$0	$0
SYLVIA HUH	DIRECTOR	N/A	Director	$0	$0	$0
DAN KIM	DIRECTOR	N/A	Director	$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
2024	No data	No data	No data	No data
2023	$101,657	$121,604	$160,262	$-19,947
2022	$93,205	$71,265	$179,252	$21,940
2021	$111,974	$89,547	$191,169	$22,427
2020	$100,676	$105,164	$154,606	$-4,488
2019	$253,618	$248,972	$136,731	$4,646
2018	$258,671	$268,722	$142,840	$-10,051

THE KOREAN-AMERICAN YOUTH FOUNDATION INC