Virginia University of Integrative… - Form 990 Financial Data

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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

2004

Legal Domicile

Principal Officer

JOHN YOO

Phone

7033235690

Tax Period

2024-01-01 to 2024-12-31

Virginia University of Integrative Medic, founded in 2004, is a community nonprofit in the Education sector that reported $7.1M in total revenue in fiscal year 2024. Revenue surged 23% from the prior year, signaling strong growth momentum. Expenses of $6.3M left a modest 12% surplus.

Mission

The mission of the Virginia University of Integrative Medicine is to produce educated healthcare practitioners highly skilled in Acupuncture and Integrative Medicine, trained to provide the community with affordable healthcare services while fostering the growth and practice of Acupuncture and Integrative Medicine.

Program Service Accomplishments

Program 1

Expenses: $3,709,599 Revenue: $6,180,237

The Virginia University of Integrative Medicine was founded in 2004 as an institution of higher education designed to offer Acupuncture and Herbal Medicine education to students from around the...

The Virginia University of Integrative Medicine was founded in 2004 as an institution of higher education designed to offer Acupuncture and Herbal Medicine education to students from around the world. The University is certified to operate by the State Council of Higher Education of Virginia SCHEV, approved for licensure by the Office of the Secretary of Higher Education for the State of New Jersey, authorized by the Georgia Nonpublic Postsecondary Education Commission in Georgia, and is institutionally accredited by the Accreditation Commission for Acupuncture and Herbal Medicine ACAHM. The University offers programs at both the Masters and Doctoral Levels in the English, Korean, and Chinese languages. Programs offered are: Master of Science in Acupuncture MAc, Master of Science in Acupuncture and Herbal Medicine MAcHM, Doctor of Acupuncture and Oriental Medicine DAOM, Doctor of Acupuncture DAc, Doctor of Acupuncture and Herbal Medicine DAcHM, Graduate Certificate in Chinese Herbal Medicine CCHM.

Program 2

Expenses: $657,083 Revenue: $743,022

An educational institution offering a teaching clinic which has been a comprehensive, patient-centered center for natural healing and wellness.

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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 (2024)

Revenue Breakdown

Contributions & Grants $103,144

Program Service Revenue $6,923,259

Investment Income $58,049

Other Revenue $32,650

TOTAL REVENUE $7,117,102

Expense Breakdown

Grants Paid $0

Salaries & Benefits $3,434,403

Fundraising Expenses $0

Program Expenses $4,366,682

Other Expenses $2,850,681

TOTAL EXPENSES $6,285,084

Year-over-Year Comparison

	2024	2023	Change
Revenue	$7,117,102	$5,769,133	+0.2%
Expenses	$6,285,084	$5,327,186	+0.2%
Net Income	$832,018	$441,947	+0.9%

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

$455,950

Total Directors

$501,479

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JOHN YOO	CEO	40.00	Officer Director	$354,200	$0	$354,200
CHAD EGRESI	Director of E.M.	40.00		$162,000	$0	$162,000
BYUNG YUN KIM	CMO	40.00		$144,375	$0	$144,375
Sungwon Woo	Instructional Desi	40.00		$120,000	$0	$120,000
Yona Lee	Professor	40.00		$109,350	$0	$109,350
LIXING LAO	President	40.00	Officer Director	$101,750	$0	$101,750
Haley Parker	Director of Clinic	40.00		$100,500	$0	$100,500
SOON DEOK CHOI	Director	40.00	Director	$45,529	$0	$45,529
JANE KIM	Chairman	20.00	Director	$0	$0	$0
JOHN SHIN	Director	1.00	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
2024	$7,117,102	$6,285,084	$11,515,091	$832,018
2023	$5,769,133	$5,327,186	$10,927,839	$441,947
2022	$5,379,331	$4,977,834	$10,961,899	$401,497
2021	$4,808,814	$4,608,018	$2,597,416	$200,796
2020	$4,180,492	$3,726,577	$2,513,432	$453,915
2019	$3,616,805	$3,710,650	$810,383	$-93,845
2019	$3,616,805	$3,713,413	$834,656	$-96,608
2018	$3,130,615	$3,025,091	$898,947	$105,524

Virginia University of Integrative Medic