Reformed University Inc (EIN 205239134) - 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

2012

Legal Domicile

Principal Officer

Bom H Huh

Phone

7702322717

Tax Period

2023-01-01 to 2023-12-31

Reformed University Inc, founded in 2012, is a community nonprofit in the Education sector that reported $2.0M in total revenue in fiscal year 2023. Revenue grew 15% year-over-year, indicating healthy expansion. The organization ran a surplus of $905K, a strong 45% operating margin.

Mission

Provide education in theology, divinity, religious education, ministerial training, business and organizational leadership.

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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 (2023)

Revenue Breakdown

Contributions & Grants $141,281

Program Service Revenue $1,805,563

Investment Income $26,243

Other Revenue $49,001

TOTAL REVENUE $2,022,088

Expense Breakdown

Grants Paid $0

Salaries & Benefits $126,000

Fundraising Expenses $0

Program Expenses $612,416

Other Expenses $991,578

TOTAL EXPENSES $1,117,578

Year-over-Year Comparison

	2023	2022	Change
Revenue	$2,022,088	$1,761,834	+0.1%
Expenses	$1,117,578	$1,107,381	+0.0%
Net Income	$904,510	$654,453	+0.4%

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

$126,000

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Dr Jin O Jeong	President	040.00	Officer	$60,000	$0	$60,000
Sung Eun Hwang	Vice President	040.00	Officer	$54,000	$0	$54,000
Bolor Purevragchaa	Chief Financial Officer	040.00	Officer	$12,000	$0	$12,000
Pyeong Rack Jeong	Chair	001.00	Officer Director	$0	$0	$0
Young Naomi Didion	Vice Chair	001.00	Officer Director	$0	$0	$0
Dong Soon Park	Trustee	001.00	Director	$0	$0	$0
Seok Won Sohn	Trustee	001.00	Director	$0	$0	$0
Moon Sook Kim	Trustee	001.00	Director	$0	$0	$0
Ok Ran Lee	Secretary	001.00	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	$2,022,088	$1,117,578	$4,408,517	$904,510
2022	$1,783,898	$1,066,278	$3,356,644	$717,620
2022	$1,761,834	$1,107,381	$3,416,542	$654,453
2021	$1,317,110	$736,949	$2,597,142	$580,161
2021	$1,488,733	$770,199	$2,644,823	$718,534
2020	$1,001,151	$1,186,703	$1,879,105	$-185,552
2020	$1,401,528	$989,749	$2,060,699	$411,779
2019	$888,391	$871,297	$958,415	$17,094
2018	$743,652	$741,936	$799,393	$1,716

Reformed University Inc