CALIFORNIA UNIFIED TAEKWONDOASSOCIATION INC (EIN 208001310) - 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

Yong Choi

Phone

8314381765

Tax Period

2024-01-01 to 2024-12-31

CALIFORNIA UNIFIED TAEKWONDOASSOCIATION INC, founded in 2006, is a small nonprofit in the Recreation & Sports sector that reported $314K in total revenue in fiscal year 2024. Revenue surged 58% from the prior year, signaling strong growth momentum. Expenses of $302K left a modest 4% surplus.

Mission

Provide an annual State Taekwondo Championship to qualify athletes for Nationals. Provide opportunities for athletes of all ages and ability levels to compete in the sport of Taekwondo. Provide California Team Trials and training for the state teams. Sponsor the state teams to compete in National and International competitions. Provide and coordinate technical training for athletes coaches and referees.

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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 $0

Program Service Revenue $314,095

Investment Income $0

Other Revenue $0

TOTAL REVENUE $314,095

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $302,032

Other Expenses $302,032

TOTAL EXPENSES $302,032

Year-over-Year Comparison

	2024	2023	Change
Revenue	$314,095	$199,367	+0.6%
Expenses	$302,032	N/A	N/A
Net Income	$12,063	$199,367	-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

N/A

Employees

N/A

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
Yong S Choi	President	20.00	Officer	$0	$0	$0
Derrik Carter	Secretary General	20.00	Officer	$0	$0	$0
Maryhien Pham	Treasurer	15.00	Officer	$0	$0	$0
Mauricio Ramirez	Vice President	7.00	Officer	$0	$0	$0
Martin Ramirez	Vice President	5.00	Officer	$0	$0	$0
Henry Cruz	Vice President	5.00	Officer	$0	$0	$0
Geoffrey Uy	Vice President	5.00	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	No data	No data	No data	No data
2024	$314,095	$302,032	$38,094	$12,063

CALIFORNIA UNIFIED TAEKWONDOASSOCIATION INC