YUCATAN RAINBOW SCHOLARSHIP FOUNDATION

EIN: 261752929 501(c)(3) Education

SAN DIEGO, CA

Total Revenue
$65,500
Total Expenses
$21,566
Total Assets
$133,003
Net Assets
$133,003
🔒

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

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
2008
Legal Domicile
CA
Principal Officer
YONG HOON KANG
Tax Period
2024-01-01 to 2024-12-31

YUCATAN RAINBOW SCHOLARSHIP FOUNDATION, founded in 2008, is a micro nonprofit in the Education sector that reported $66K in total revenue in fiscal year 2024. Revenue surged 192% from the prior year, signaling strong growth momentum. The organization ran a surplus of $44K, a strong 67% operating margin.

Mission

PROVIDE SCHOLARSHIPS AND GRANTS TO STUDENTS OF YUCATAN

🔒

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%)

Sign In — Free (10 views/day)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $65,500
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $65,500

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Other Expenses $21,566
TOTAL EXPENSES $21,566

Year-over-Year Comparison

2024 2023 Change
Revenue $65,500 $22,460 +1.9%
Expenses $21,566 $45,424 -0.5%
Net Income $43,934 $-22,964 -2.9%
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

Sign In

Governance

Voting Members
20
Independent Members
20
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
1
$0
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
YONG HOON KANG PRESIDENT N/A
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
2024 $65,500 $21,566 $133,003 $43,934
2023 $22,460 $45,424 $89,069 $-22,964
2022 $9,120 $20,756 $112,033 $-11,636
2021 $15,280 $25,894 $123,669 $-10,614
2020 $19,640 $10,633 $134,283 $9,007
2019 $39,244 $23,236 $125,276 $16,008
2018 $24,386 $19,712 $109,268 $4,674
Explore More Nonprofits
→Top 100 Nonprofits in California →Largest U.S. Nonprofits →Best Rated Nonprofits →Most Efficient Nonprofits

Compare YUCATAN RAINBOW SCHOLARSHIP FOUNDATION with other nonprofits in California and across the country.

We Value Your Privacy
We use cookies and similar technologies to analyze site traffic and improve your experience. By clicking "Accept All", you consent to our use of cookies for analytics and measurement.