KAGRO NEW YORK ASSOCIATION INC

EIN: 133668099 Community Improvement

BAYSIDE, NY

Total Revenue
$38,875
Total Expenses
$50,412
Total Assets
$56,591
Net Assets
$56,591
🔒

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

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
2005
Legal Domicile
NY
Phone
7183530111
Tax Period
2024-05-01 to 2025-04-30

KAGRO NEW YORK ASSOCIATION INC, founded in 2005, is a micro nonprofit in the Community Improvement sector that reported $39K in total revenue in fiscal year 2024. Revenue fell 42% from the prior year — a significant decline worth monitoring. Expenses of $50K exceeded revenue, resulting in a 30% operating deficit.

Mission

TO ASSIST KOREAN-AMERICAN RETAILERS IN ADAPTING TO AMERICAN CULTURE, LIFE STYLE AND BUSINESS WITH PRACTICAL INFORMATION.

🔒

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%)

Sign In — Free (10 views/day)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $38,875
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $38,875

Expense Breakdown

Grants Paid $2,800
Salaries & Benefits $0
Fundraising Expenses $0
Other Expenses $47,612
TOTAL EXPENSES $50,412

Year-over-Year Comparison

2024 2023 Change
Revenue $38,875 $67,241 -0.4%
Expenses $50,412 $87,000 -0.4%
Net Income $-11,537 $-19,759 -0.4%
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

Sign In

Governance

Voting Members
1
Independent Members
N/A
Employees
N/A
Volunteers
1

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
0
$0
Total Directors
1
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
KWANG MIN PARK PRESIDENT 40.00
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
2025 $38,875 $50,412 $56,591 $-11,537
2024 $67,241 $87,000 $68,145 $-19,759
2023 $79,804 $85,731 $87,905 $-5,927
2022 $96,591 $83,113 $105,216 $13,478
2021 $87,114 $58,226 $94,539 $28,888
2020 $106,100 No data $65,651 No data
2019 $137,527 $124,724 $80,675 $12,803
Explore More Nonprofits
→Top 100 Nonprofits in New York →Largest U.S. Nonprofits →Best Rated Nonprofits →Most Efficient Nonprofits

Compare KAGRO NEW YORK ASSOCIATION INC with other nonprofits in New York and across the country.

We Value Your Privacy
We use cookies and similar technologies to analyze site traffic and improve your experience. By clicking "Accept All", you consent to our use of cookies for analytics and measurement.