KOREAN AMERICAN FOOD FOR THE HUNGRY INTERNATIONAL INC (EIN 260059271) - 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

2005

Legal Domicile

Principal Officer

SEUNG H CHUNG

Phone

8472964555

Tax Period

2023-01-01 to 2023-12-31

KOREAN AMERICAN FOOD FOR THE HUNGRY INTERNATIONAL INC, founded in 2005, is a community nonprofit in the Human Services sector that reported $1.3M in total revenue in fiscal year 2023. Revenue surged 30% from the prior year, signaling strong growth momentum. Expenses of $1.3M left a modest 3% surplus.

Mission

CHRITABLE & EMERGENCY RELIEF PROGRAMS

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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 $1,299,841

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $1,299,841

Expense Breakdown

Grants Paid $1,072,760

Salaries & Benefits $97,978

Fundraising Expenses $28,085

Program Expenses $1,108,879

Other Expenses $84,343

TOTAL EXPENSES $1,255,081

Year-over-Year Comparison

	2023	2022	Change
Revenue	$1,299,841	$1,003,154	+0.3%
Expenses	$1,255,081	$969,183	+0.3%
Net Income	$44,760	$33,971	+0.3%

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
SOON K LEE	VICE CHARIMAN	0.10	Director	$0	$0	$0
JASON H KIM	DIRECTOR	0.10	Director	$0	$0	$0
SHINJONG BAIK	DIRECTOR	0.20	Director	$0	$0	$0
HYUN CHAN BAE	CHAIRMAN	0.20	Director	$0	$0	$0
HEEKON EUN	DIRECTOR	0.00	Director	$0	$0	$0
DANIEL AHN	VICE CHAIRMAN	0.10	Director	$0	$0	$0
MICHAEL CHANG	AUDITOR	0.10	Director	$0	$0	$0
JONGKWAN LEE	SECRETARY	0.10	Director	$0	$0	$0
HOONSUK CHOI	DIRECTOR	0.00	Director	$0	$0	$0
HYUNSUK KANG	DIRECTOR	0.00	Director	$0	$0	$0
SEUNGHWAN RO	DIRECTOR	0.10	Director	$0	$0	$0
KWANGTAE KIM	DIRECTOR	0.00	Director	$0	$0	$0
KAYJOON LEE	DIRECTOR	0.00	Director	$0	$0	$0
HYUNHEI LEE	DIRECTOR	0.00	Director	$0	$0	$0
CHULSUNG LIM	DIRECTOR	0.00	Director	$0	$0	$0
SEIHOON CHUNG	DIRECTOR	0.00	Director	$0	$0	$0
SUNHEE HONG	DIRECTOR	0.10	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	$1,299,841	$1,255,081	$334,710	$44,760
2022	$1,003,154	$969,183	$289,950	$33,971
2021	$695,953	$610,199	$255,979	$85,754
2020	$683,096	$631,210	$170,225	$51,886
2019	$537,122	$509,159	$118,339	$27,963
2018	$587,133	$558,889	$90,376	$28,244

KOREAN AMERICAN FOOD FOR THE HUNGRY INTERNATIONAL INC