WON EDIFICATION CENTER (EIN 204086696) - 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

2006

Legal Domicile

Principal Officer

BOHKYAE KOH

Phone

2158848443

Tax Period

2024-01-01 to 2024-12-31

WON EDIFICATION CENTER, founded in 2006, is a small nonprofit in the Religion sector that reported $233K in total revenue in fiscal year 2024. Revenue fell 75% from the prior year — a significant decline worth monitoring. Expenses of $288K exceeded revenue, resulting in a 24% operating deficit.

Mission

MAINTENANCE OF BUDDHIST REVERENDS AND STUDENTS.

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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 $167,888

Program Service Revenue $0

Investment Income $54,340

Other Revenue $10,758

TOTAL REVENUE $232,986

Expense Breakdown

Grants Paid $25,300

Salaries & Benefits $30,345

Fundraising Expenses $0

Program Expenses $249,360

Other Expenses $232,488

TOTAL EXPENSES $288,133

Year-over-Year Comparison

	2024	2023	Change
Revenue	$232,986	$939,552	-0.8%
Expenses	$288,133	$426,282	-0.3%
Net Income	$-55,147	$513,270	-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

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

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
REV CHONGNYUE PARK	BOARD MEMBER	1.00	Director	$0	$0	$0
BOKHYAE KOH	ASSISTANT SECRETARY	1.00	Officer Director	$0	$0	$0
REV YOUNG SUN SEONG	BOARD MEMBER	1.00	Director	$0	$0	$0
REV YOUNGBIN KIM	BOARD MEMBER	1.00	Director	$0	$0	$0
REV WONSUK LEE	BOARD MEMBER	1.00	Director	$0	$0	$0
REV MIKUEM SO	BOARD MEMBER	1.00	Director	$0	$0	$0
DR WOMSUN OH	BOARD MEMBER	1.00	Director	$0	$0	$0
DR REV HYE SUNG PARK	BOARD MEMBER	1.00	Director	$0	$0	$0
DR CHUNGNAM HA	BOARD CHAIR	1.00	Officer Director	$0	$0	$0
REV NAKBIN JO	SECRETARY	1.00	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	$232,986	$288,133	$5,869,264	$-55,147
2023	$939,552	$426,282	$5,913,951	$513,270
2022	$158,608	$342,081	$5,357,947	$-183,473
2021	$442,842	$432,912	$5,565,953	$9,930
2020	$1,640,324	$278,982	$5,565,132	$1,361,342
2019	$1,810,881	$341,373	$4,207,426	$1,469,508
2018	$221,793	$238,761	$2,726,015	$-16,968

WON EDIFICATION CENTER