FRIENDS OF THE CATHOLIC UNIVERSITY… - Form 990 Financial Data

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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

2006

Legal Domicile

Principal Officer

HYUN JIN PARK

Tax Period

2025-01-01 to 2025-12-31

FRIENDS OF THE CATHOLIC UNIVERSITY OF KOREA INC, founded in 2006, is a micro nonprofit in the Education sector that reported $30K in total revenue in fiscal year 2025. Revenue fell 94% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $20K, a strong 68% operating margin.

Mission

THE ORGANIZATION PROVIDES SUPPORT FOR INTERNATIONAL NONPROFIT EDUCATIONAL INSTITUTIONS.

Program Service Accomplishments

Program 1

Expenses: $6,246

THE ORGANIZATION PROVIDES SUPPORT FOR PROJECTS IN KOREA AT THE CATHOLIC MEDICAL CENTER, THE CATHOLIC UNIVERSITY OF KOREA AND SUNGSIM INTERNATIONAL CULTURE CENTER WHICH IS BECOMING THE INTERNATIONAL...

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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 (2025)

Revenue Breakdown

Contributions & Grants $29,550

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $29,550

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $6,246

Other Expenses $9,512

TOTAL EXPENSES $9,512

Year-over-Year Comparison

	2025	2024	Change
Revenue	$29,550	$515,900	-0.9%
Expenses	$9,512	$496,122	-1.0%
Net Income	$20,038	$19,778	+0.0%

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

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

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 HYE HONG	DIRECTOR	2.00	Director	$0	$0	$0
MYUNGDUK ROGER KIM	PRESIDENT	5.00	Officer Director	$0	$0	$0
SANG NAM LEE	VICE PRESIDE	2.00	Officer Director	$0	$0	$0
HYUN JIN PARK	TREASURER	2.00	Officer 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
2025	$29,550	$9,512	$56,048	$20,038
2024	$515,900	$496,122	$36,010	$19,778
2023	$37,447	$40,871	$16,232	$-3,424
2022	$146,000	$196,107	$19,656	$-50,107
2021	$146,600	$98,730	$69,763	$47,870
2020	$132,000	$132,144	$21,893	$-144
2019	$22,000	$43,543	$22,037	$-21,543
2018	$40,042	$18,924	$43,580	$21,118

FRIENDS OF THE CATHOLIC UNIVERSITY OF KOREA INC