PRIMAX FOUNDATION INC (EIN 208081933) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

2006

Legal Domicile

Phone

7145232532

Tax Period

2025-01-01 to 2025-12-31

PRIMAX FOUNDATION INC, founded in 2006, is a micro nonprofit in the International Affairs sector that reported $58K in total revenue in fiscal year 2025. Revenue fell 38% from the prior year — a significant decline worth monitoring. Expenses of $157K exceeded revenue, resulting in a 169% operating deficit.

Mission

THE SPECIFIC PURPOSE OF THE ORGANIZATION IS TO SUPPORT SOCIALLY AND ECONOMICALLY DISADVANTAGED PEOPLE IN LOCAL AND INTERNATIONAL COMMUNITIES. ACTIVITIES ARE YOUTH EMPOWERMENT AND

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2025)

Revenue Breakdown

Contributions & Grants $25,543

Program Service Revenue $7,488

Investment Income $25,362

Other Revenue $26

TOTAL REVENUE $58,419

Expense Breakdown

Grants Paid $82,583

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $118,128

Other Expenses $74,721

TOTAL EXPENSES $157,304

Year-over-Year Comparison

	2025	2024	Change
Revenue	$58,419	$94,166	-0.4%
Expenses	$157,304	$359,612	-0.6%
Net Income	$-98,885	$-265,446	-0.6%

Key Indicators

✓ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

N/A

Employees

N/A

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JIN K HONG	PRESIDENT	20.00	Officer	$0	$0	$0
MINSOOK SUH	TRESURER	18.00	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	$58,419	$157,304	$4,603,546	$-98,885
2024	$94,166	$359,612	$4,406,307	$-265,446
2023	$113,362	$302,570	$4,484,852	$-189,208
2022	$74,844	$165,254	$4,405,308	$-90,410
2021	$282,446	$58,640	$4,775,646	$223,806
2020	$3,029,982	$77,627	$4,354,452	$2,952,355
2019	$218,392	$82,984	$1,332,884	$135,408
2018	$158,013	$99,558	$1,057,287	$58,455

PRIMAX FOUNDATION INC