KOREAN EDUCATIONAL INSTITUTE

EIN: 133679783 501(c)(3)

NEW YORK, NY

Total Revenue
$273,578
Total Expenses
$235,094
Total Assets
$1,674,672
Net Assets
$1,417,896
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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
1998
Legal Domicile
NJ
Principal Officer
HEE SUNG KANG
Phone
2128291770
Tax Period
2022-07-01 to 2023-06-30

KOREAN EDUCATIONAL INSTITUTE, founded in 1998, is a small nonprofit that reported $274K in total revenue in fiscal year 2022. Expenses of $235K left a modest 14% surplus.

Mission

EDUCATION

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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%)

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Financial Overview (2022)

Revenue Breakdown

Contributions & Grants $103,790
Program Service Revenue $136,886
Investment Income $30,356
Other Revenue $2,546
TOTAL REVENUE $273,578

Expense Breakdown

Grants Paid $0
Salaries & Benefits $135,490
Fundraising Expenses $0
Program Expenses $163,138
Other Expenses $99,604
TOTAL EXPENSES $235,094

Year-over-Year Comparison

2022 2021 Change
Revenue $273,578 $278,182 0.0%
Expenses $235,094 $236,199 0.0%
Net Income $38,484 $41,983 -0.1%
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

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Governance

Voting Members
25
Independent Members
N/A
Employees
16
Volunteers
25

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
2
$36,186
Total Directors
2
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
HELENA MIN OFFICER 20.00
Officer
$36,186 $0 $36,186
HEE SUNG KANG CHAIRMAN 6.00
Director
$0 $0 $0
SEONG YONG YOON VICE-CHAIRMA 6.00
Officer 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 $273,578 $235,094 $1,674,672 $38,484
2023 $102,540 $113,970 $1,633,540 $-11,430
2022 $278,182 $236,199 $1,379,412 $41,983
2021 $169,508 $206,731 $1,368,369 $-37,223
2020 $232,273 $185,428 $1,405,104 $46,845
2019 $313,162 $267,701 $1,328,686 $45,461
2018 $249,054 $269,721 $1,295,860 $-20,667
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