WORLD WHEAT FOUNDATION INC

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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

1998

Legal Domicile

Principal Officer

SONG CHONG YOO

Phone

2015855300

Tax Period

2024-01-01 to 2024-12-31

WORLD WHEAT FOUNDATION INC, founded in 1998, is a small nonprofit in the Human Services sector that reported $323K in total revenue in fiscal year 2024. Expenses of $286K left a modest 12% surplus.

Mission

CARING AND SUPPORTING DISABLED PERSONS UNDER THE NAME OF JESUS. THE ORGANIZATION KEEPS THE LAND TO BUILD THE PROPERTY FOR DISABLED PERSONS.

Program Service Accomplishments

Program 1

Expenses: $286,469

THE ORGANIZATION KEEPS THE LAND TO BUILD THE PROPERTY FOR DISABLED PERSONS.

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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 $323,415

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $323,415

Expense Breakdown

Grants Paid $0

Salaries & Benefits $151,895

Fundraising Expenses $0

Program Expenses $286,469

Other Expenses $133,680

TOTAL EXPENSES $285,575

Year-over-Year Comparison

	2024	2023	Change
Revenue	$323,415	$333,146	0.0%
Expenses	$285,575	$330,851	-0.1%
Net Income	$37,840	$2,295	+15.5%

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

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
NAM IN BANG	PRESIDENT	10.00	Officer Director	$0	$0	$0
CHIL SUN KIM	TREASURER	3.00	Officer Director	$0	$0	$0
CHAN HYO PARK	SECRETARY	2.00	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	$323,415	$285,575	$1,159,066	$37,840
2023	$333,146	$330,851	$1,143,761	$2,295
2022	$132,080	$158,204	$1,144,535	$-26,124
2021	No data	$53,218	$1,458,035	No data
2020	No data	$32,198	$1,159,123	No data
2019	No data	$4,918	$1,149,705	No data
2018	$53,656	$90,855	$1,475,623	$-37,199