INTERNATIONAL FOUNDATION FOR KOREA UNIVERSITY INC

EIN: 133995485 501(c)(3) International Affairs

LOS ANGELES, CA

Total Revenue
$1,021,745
Total Expenses
$1,012,524
Total Assets
$570,280
Net Assets
$570,280
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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
1997
Legal Domicile
NY
Principal Officer
SUKHEE KANG
Phone
2135502182
Tax Period
2024-01-01 to 2024-12-31

INTERNATIONAL FOUNDATION FOR KOREA UNIVERSITY INC, founded in 1997, is a community nonprofit in the International Affairs sector that reported $1.0M in total revenue in fiscal year 2024.

Mission

TO PROVIDE EDUCATIONAL AND CHARITABLE SUPPORT TO COMMUNITY AND KOREA UNIVERSITY

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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 (2024)

Revenue Breakdown

Contributions & Grants $1,022,286
Program Service Revenue $0
Investment Income $-541
Other Revenue $0
TOTAL REVENUE $1,021,745

Expense Breakdown

Grants Paid $961,004
Salaries & Benefits $0
Fundraising Expenses $4,152
Program Expenses $983,872
Other Expenses $51,520
TOTAL EXPENSES $1,012,524

Year-over-Year Comparison

2024 2023 Change
Revenue $1,021,745 $1,010,285 +0.0%
Expenses $1,012,524 $1,098,395 -0.1%
Net Income $9,221 $-88,110 -1.1%
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
22
Independent Members
22
Employees
N/A
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
5
$0
Total Directors
16
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
WON C YI FUNDRAISING N/A
Officer
$0 $0 $0
KEVIN K LEE VICE PRESIDE N/A
Officer
$0 $0 $0
WILLIE SEUNG DIRECTOR N/A
Director
$0 $0 $0
JOANNE KIM DIRECTOR N/A
Director
$0 $0 $0
CHRIS M CHOI DIRECTOR N/A
Director
$0 $0 $0
SOH YUN KANG PARK TREASURER N/A
Officer
$0 $0 $0
SUNGWOOK RYU DIRECTOR N/A
Director
$0 $0 $0
SEONGHO AHN VICE PRESIDE N/A
Director
$0 $0 $0
PAUL KWAK DIRECTOR N/A
Director
$0 $0 $0
HENRY KANG DIRECTOR N/A
Director
$0 $0 $0
SIMON SOODONG LEE DIRECTOR N/A
Director
$0 $0 $0
HYUNYOUNG NA DIRECTOR N/A
Director
$0 $0 $0
JI HYUN MOON DIRECTOR N/A
Director
$0 $0 $0
CHUL HO LIM DIRECTOR N/A
Director
$0 $0 $0
SUNG KYU CHA DIRECTOR N/A
Director
$0 $0 $0
JAEWOOK JUN DIRECTOR N/A
Director
$0 $0 $0
SOO YEON CHO SECRETARY N/A
Officer
$0 $0 $0
KUNHO SONG DIRECTOR N/A
Director
$0 $0 $0
HONG JUN LEE DIRECTOR N/A
Director
$0 $0 $0
BYUNG SUN LEE DIRECTOR N/A
Director
$0 $0 $0
SUKHEE KANG PRESIDENT N/A
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
2024 $1,021,745 $1,012,524 $570,280 $9,221
2023 $1,010,285 $1,098,395 $542,911 $-88,110
2022 $2,178,537 $2,143,724 $594,939 $34,813
2021 $2,461,473 $2,344,883 $598,434 $116,590
2020 $712,758 $719,315 $433,346 $-6,557
2019 $202,980 $178,934 $440,903 $24,046
2018 $664,464 $506,142 $415,356 $158,322
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