KOREAN AMERICAN YOUTH FOUNDATION (EIN 237292240) - 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

1973

Legal Domicile

Principal Officer

CAROL JUN

Tax Period

2023-01-01 to 2023-12-31

KOREAN AMERICAN YOUTH FOUNDATION, founded in 1973, is a micro nonprofit in the Recreation & Sports sector that reported $46K in total revenue in fiscal year 2023. Revenue decreased 8% compared to the prior year. Expenses of $64K exceeded revenue, resulting in a 40% operating deficit.

Mission

KOREAN-AMERICAN YOUTH FOUNDATION (KAYF) PROVIDES OPPORTUNITIES FOR YOUTHS OF KOREAN ANCESTRY TO DEVELOP QUALITIES OF LEADERSHIP, SOCIAL RESPONSIBILITY, AND FRIENDSHIP IN AN ENVIRONMENT THAT FOSTERS AWARENESS AND APPRECIATION OF THEIR CULTURAL HERITAGE.

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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 $0

Program Service Revenue $45,595

Investment Income $228

Other Revenue $0

TOTAL REVENUE $45,823

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $59,489

Other Expenses $63,924

TOTAL EXPENSES $63,924

Year-over-Year Comparison

	2023	2022	Change
Revenue	$45,823	$49,993	-0.1%
Expenses	$63,924	$65,914	0.0%
Net Income	$-18,101	$-15,921	+0.1%

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

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
SHENNE HAHN	LEGAL MGR	2.00	Director	$0	$0	$0
CAMY JUN	EXECUTIVE DI	2.00	Director	$0	$0	$0
CAROL JUN	PRESIDENT	2.00	Officer Director	$0	$0	$0
LESLIE KIM	SECRETARY	2.00	Officer Director	$0	$0	$0
MICHELLE KIM	TREASURER	2.00	Officer Director	$0	$0	$0
SOPHIA KIM	BOARD MEMBER	2.00	Director	$0	$0	$0
KAREN PARK	ADVERTISING	2.00	Director	$0	$0	$0
EVAN SHIN	SENIOR DIREC	2.00	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
2024	No data	No data	No data	No data
2023	$45,823	$63,924	$201,615	$-18,101
2022	$49,993	$65,914	$219,716	$-15,921
2021	$24	$3,355	$235,637	$-3,331
2020	$45	$10,066	$238,968	$-10,021
2019	$55,443	$53,124	$248,989	$2,319
2018	$60,795	$51,273	$246,670	$9,522

KOREAN AMERICAN YOUTH FOUNDATION