SEOUL NAT'L UNIV COLLEGE OF MEDICINE ALUMNI ASSOC INC

EIN: 237305290 501(c)(3) Education

HAYMARKET, VA

Total Revenue
$286,966
Total Expenses
$290,671
Total Assets
$752,918
Net Assets
$752,918
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Tuckman-Chang Vulnerability Assessment

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Financial Trends

Organization Details

Formation Year
1971
Legal Domicile
VA
Principal Officer
MYONG HO NAM
Phone
5163655500
Tax Period
2024-07-01 to 2025-06-30

SEOUL NAT'L UNIV COLLEGE OF MEDICINE ALUMNI ASSOC INC, founded in 1971, is a small nonprofit in the Education sector that reported $208K in total revenue in fiscal year 2017. The organization ran a surplus of $37K, a strong 18% operating margin.

Mission

MEDICAL RESEACH/DEVELOPMENT AND CHARITY ACTIVITIES

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Trantor Score

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

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $209,827
Program Service Revenue $56,555
Investment Income $20,584
Other Revenue $0
TOTAL REVENUE $286,966

Expense Breakdown

Grants Paid $67,295
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $141,632
Other Expenses $223,376
TOTAL EXPENSES $290,671

Year-over-Year Comparison

2024 2023 Change
Revenue $286,966 $292,630 0.0%
Expenses $290,671 $164,366 +0.8%
Net Income $-3,705 $128,264 -1.0%
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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Governance

Voting Members
60
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
3
$0
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
GWY SUK SEO TREASURER 1.00
Officer
$0 $0 $0
MYONG HO NAM PRESIDENT 1.00
Officer
$0 $0 $0
SUNG HWAN KIM FINANCE COMMITTEE CHAIR 1.00
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 $286,966 $290,671 $752,918 $-3,705
2024 No data No data No data No data
2023 $289,408 $283,339 $628,813 $6,069
2022 $213,277 $165,249 $638,613 $48,028
2021 $197,323 $127,681 $578,821 $69,642
2020 $170,645 $152,143 $508,867 $18,502
2019 $218,399 $265,992 $544,689 $-47,593
2018 $208,082 $171,112 $598,597 $36,970
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