KOREAN COMMUNITY CENTER FOUNDATION INC (EIN 261739698) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

2008

Legal Domicile

Principal Officer

YONGKEUN JOH

Phone

6098956638

Tax Period

2023-01-01 to 2023-12-31

KOREAN COMMUNITY CENTER FOUNDATION INC, founded in 2008, is a micro nonprofit in the Recreation & Sports sector that reported $20K in total revenue in fiscal year 2023. Revenue surged 49% from the prior year, signaling strong growth momentum.

Mission

MAIN FUNCTIONS OF THE ENTITY ARE TO SUPPORT ACTIVITIES OF THE NONPROFIT ORGANIZATION, TO CONSTRUCT A COMMUNITY CENTER BUILDING AND TO MANAGE ITS ASSETS.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

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

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $0

Investment Income $19,907

Other Revenue $0

TOTAL REVENUE $19,907

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $0

TOTAL EXPENSES $0

Year-over-Year Comparison

	2023	2022	Change
Revenue	$19,907	$13,402	+0.5%
Expenses	N/A	N/A	N/A
Net Income	N/A	$13,402	N/A

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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

Governance

Voting Members

Independent Members

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
YONGKEUN JOH	CHAIRPERSON	5.00	Director	$0	$0	$0
JUNG HI LEE	DIRECTOR	5.00	Director	$0	$0	$0
YONG SUP SIM	DIRECTOR	5.00	Director	$0	$0	$0
JAEWAN KIM	DIRECTOR	5.00	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	$19,907	No data	$1,123,623	No data
2022	$13,402	No data	$1,103,716	No data
2021	No data	No data	$1,090,314	No data
2020	$471	No data	$1,090,314	No data
2019	$6,347	No data	$1,089,843	No data
2018	$34,097	$91,210	$1,083,496	$-57,113

KOREAN COMMUNITY CENTER FOUNDATION INC