NATIONAL KOREAN AMERICAN SERVICE AND EDUCATION CONSORTIUM INC (EIN 113303986) - 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

1994

Legal Domicile

Principal Officer

BECKY BELCORE

Phone

3125504733

Tax Period

2023-07-01 to 2024-06-30

NATIONAL KOREAN AMERICAN SERVICE AND EDUCATION CONSORTIUM INC, founded in 1994, is a community nonprofit in the Civil Rights & Advocacy sector that reported $8.1M in total revenue in fiscal year 2023. Revenue grew 11% year-over-year, indicating healthy expansion. The organization ran a surplus of $3.1M, a strong 38% operating margin.

Mission

TO ORGANIZE KOREAN AND ASIAN AMERICANS TO ACHIEVE SOCIAL, RACIAL AND ECONOMIC JUSTICE

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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 $7,865,339

Program Service Revenue $0

Investment Income $224,229

Other Revenue $-10,452

TOTAL REVENUE $8,079,116

Expense Breakdown

Grants Paid $814,433

Salaries & Benefits $2,611,297

Fundraising Expenses $136,474

Program Expenses $3,862,418

Other Expenses $1,548,831

TOTAL EXPENSES $4,974,561

Year-over-Year Comparison

	2023	2022	Change
Revenue	$8,079,116	$7,259,795	+0.1%
Expenses	$4,974,561	$4,049,216	+0.2%
Net Income	$3,104,555	$3,210,579	0.0%

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

100

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

$460,859

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
REVEREND EUNSANG LEE	CHAIR	1.00	Officer Director	$0	$0	$0
GAYOUNG CHUNG	VICE-CHAIR	1.00	Officer Director	$0	$0	$0
LIZ HANNA RUBIO	SECRETARY	1.00	Officer Director	$0	$0	$0
HEE SOOK KIM	TREASURER	1.00	Officer Director	$0	$0	$0
DAN CHOI	DIRECTOR	1.00	Director	$0	$0	$0
ARAM HAN SIFUENTES	DIRECTOR	1.00	Director	$0	$0	$0
EMILY KESSEL	DIRECTOR	1.00	Director	$0	$0	$0
JONGHUN KAPSONG KIM	DIRECTOR	1.00	Director	$0	$0	$0
CORI MCMILLAN	DIRECTOR	1.00	Director	$0	$0	$0
SABA NAFEES	DIRECTOR	1.00	Director	$0	$0	$0
IRENE SHIN	DIRECTOR	1.00	Director	$0	$0	$0
REBECCA BELCORE	CO-DIRECTOR	40.00	Officer	$113,446	$0	$113,446
JUNG WOO KIM	CO-DIRECTOR	40.00	Officer	$104,942	$0	$104,942
NANCY WU	FINANCE AND COMPLIANCE DIRECTOR	40.00	Officer	$95,856	$0	$95,856
SOOKYUNG LINDA OH	EXECUTIVE DIRECTOR	40.00	Officer	$65,000	$0	$65,000
HYUNJA S NORMAN	EXECUTIVE DIRECTOR	40.00	Officer	$81,615	$0	$81,615

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	$8,079,116	$4,974,561	$9,881,863	$3,104,555
2023	$7,259,795	$4,049,216	$6,820,254	$3,210,579
2022	$3,468,479	$3,073,926	$2,814,724	$394,553
2022	$3,887,763	$3,041,761	$3,315,030	$846,002
2021	$3,044,351	$2,596,755	$2,513,164	$447,596
2020	$2,796,066	$2,783,457	$2,024,032	$12,609
2019	$2,432,676	$2,796,922	$1,787,972	$-364,246
2018	$3,126,837	$2,655,201	$1,330,945	$471,636

NATIONAL KOREAN AMERICAN SERVICE AND EDUCATION CONSORTIUM INC