WON INSTITUTE OF GRADUATE STUDIES

EIN: 233102135 501(c)(3) Education

WARMINSTER, PA

Total Revenue
$2,785,239
Total Expenses
$2,988,199
Total Assets
$7,025,886
Net Assets
$6,401,244
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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
2002
Legal Domicile
PA
Principal Officer
WONSUN OH PHD
Phone
2158848942
Tax Period
2024-07-01 to 2025-06-30

WON INSTITUTE OF GRADUATE STUDIES, founded in 2002, is a community nonprofit in the Education sector that reported $2.8M in total revenue in fiscal year 2024. Revenue decreased 6% compared to the prior year. Net assets of $6.4M represent 28 months of operating reserves.

Mission

THE INSTITUTE IS DULY REGISTERED AS A NON-PROFIT CORPORATION IN THE COMMONWEALTH OF PENNSYLVANIA AND LEGALLY AUTHORIZED BY THE PENNSYLVANIA DEPARTMENT OF EDUCATION TO OFFER GRADUATE EDUCATION PROGRAMS LEADING TO MASTER OF WON BUDDHIST STUDIES, DOCTOR OF ACUPUNCTURE, MASTER OF ACUPUNCTURE STUDIES, CERTIFICATE IN CHINESE HERBAL MEDICINE, CERTIFICATE OF WON BUDDHIST STUDIES, AND CONTINUING EDUCATION ACCREDITED BY ACAHM AND MSCHE.

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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%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $184,606
Program Service Revenue $2,490,113
Investment Income $110,520
Other Revenue $0
TOTAL REVENUE $2,785,239

Expense Breakdown

Grants Paid $130,014
Salaries & Benefits $1,918,330
Fundraising Expenses $66,829
Program Expenses $1,797,376
Other Expenses $939,855
TOTAL EXPENSES $2,988,199

Year-over-Year Comparison

2024 2023 Change
Revenue $2,785,239 $2,956,619 -0.1%
Expenses $2,988,199 $2,844,928 +0.1%
Net Income $-202,960 $111,691 -2.8%
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

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Financial Distress Indicator

Liquidity & Cash Position

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

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Governance

Voting Members
15
Independent Members
15
Employees
85
Volunteers
30

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
3
$104,415
Total Directors
15
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
WONSUN OH PHD PRESIDENT 40.00
Officer
$104,415 $0 $104,415
BOK HYAE KOH BA TRUSTEE 1.00
Director
$0 $0 $0
REV BOKHEE KIM TRUSTEE 1.00
Director
$0 $0 $0
MYUNGKI CHA PHD LD TRUSTEE 1.00
Director
$0 $0 $0
REV SUNGHA LEE TRUSTEE 1.00
Director
$0 $0 $0
CAROL GISSELQUIST MD MA TRUSTEE 1.00
Director
$0 $0 $0
HYESEON KIM MA TRUSTEE 1.00
Director
$0 $0 $0
YOUP HUR MA TRUSTEE 1.00
Director
$0 $0 $0
SOOK JA CHOI MD BOARD CHAIR 1.00
Officer Director
$0 $0 $0
SUE YIE MD TRUSTEE 1.00
Director
$0 $0 $0
KALPANA PATANKAR MD MAC DIOL OM TRUSTEE 1.00
Director
$0 $0 $0
BARRY BELL PHD TRUSTEE 1.00
Director
$0 $0 $0
CHOL K SYN PHD BOARD SECRET 1.00
Officer Director
$0 $0 $0
HEEJIN KIM PHD TRUSTEE 1.00
Director
$0 $0 $0
BENJAMIN BELL MHRM PHR BOARD GOV. & 1.00
Director
$0 $0 $0
REV YOUNG SUN SEOUNG TRUSTEE 1.00
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
2025 $2,785,239 $2,988,199 $7,025,886 $-202,960
2024 $2,956,619 $2,844,928 $6,808,401 $111,691
2023 $2,419,859 $2,549,809 $6,688,704 $-129,950
2022 $5,281,852 $2,519,652 $6,894,585 $2,762,200
2021 $2,653,394 $2,042,064 $4,631,147 $611,330
2020 $1,731,916 $2,047,522 $3,766,804 $-315,606
2019 $1,828,756 $2,057,120 $3,745,065 $-228,364
2018 $1,524,847 $1,846,301 $3,964,951 $-321,454
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