KOR EDUCATION SCHOOL (EIN 201183373) - 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

2004

Legal Domicile

Principal Officer

GENA RICHTER

Phone

9797771213

Tax Period

2024-08-01 to 2025-07-31

KOR EDUCATION SCHOOL, founded in 2004, is a community nonprofit in the Education sector that reported $1.5M in total revenue in fiscal year 2024. The organization ran a surplus of $315K, a strong 21% operating margin.

Mission

TO DEVELOP THE ACADEMIC, PHYSICAL, AND SOCIAL POTENTIAL OF THE STUDENTS IN KINDERGARTEN THROUGH TWELFTH GRADES AND TO ASSIST PARENTS IN HELPING TO EDUCATE THEIR CHILDREN.

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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 $32,402

Program Service Revenue $1,462,604

Investment Income $20,725

Other Revenue $13,843

TOTAL REVENUE $1,529,574

Expense Breakdown

Grants Paid $0

Salaries & Benefits $885,531

Fundraising Expenses $0

Program Expenses $1,126,774

Other Expenses $328,626

TOTAL EXPENSES $1,214,157

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,529,574	$1,485,856	+0.0%
Expenses	$1,214,157	$1,091,158	+0.1%
Net Income	$315,417	$394,698	-0.2%

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

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

Total Directors

$65,000

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
GENA RICHTER	SCHOOL DIRECTOR	60.00	Director	$65,000	$0	$65,000
MATTHIAS RICHTER	Treasurer	20.00	Officer Director	$0	$0	$0
DANA MULLER	Director	1.00	Director	$0	$0	$0
KRISTY LEJEUNE	Director	1.00	Director	$0	$0	$0
CARMIE McCALLUM	Director	1.00	Director	$0	$0	$0
DEREK WALTON	President	20.00	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
2025	$1,529,574	$1,214,157	$3,312,839	$315,417
2024	$1,503,904	$1,095,789	$2,927,161	$408,115
2023	$1,279,292	$976,538	$2,668,341	$302,754
2022	$945,711	$876,581	$2,489,365	$69,130
2021	$895,104	$806,145	$2,297,357	$88,959
2020	$945,451	$823,972	$2,330,485	$121,479
2019	$994,419	$782,925	$2,078,431	$211,494

KOR EDUCATION SCHOOL