THE ASSOC OF KOREAN-AMERICAN PROF IN THE AUTOMOTIVE INDUSTRY (EIN 263302092) - 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

2008

Legal Domicile

Principal Officer

FABIAN ROH

Phone

2489625134

Tax Period

2024-05-01 to 2025-04-30

THE ASSOC OF KOREAN-AMERICAN PROF IN THE AUTOMOTIVE INDUSTRY, founded in 2008, is a micro nonprofit in the Education sector that reported $69K in total revenue in fiscal year 2024. Revenue surged 56% from the prior year, signaling strong growth momentum. Expenses of $82K exceeded revenue, resulting in a 18% operating deficit.

Mission

KPAI IS A NON-PROFIT ORGANIZATIONDEDICATED TO SERVE AUTOMOTIVE PROFESSIONALS AND THE COMMUNITY. THE PURPOSE OR PURPOSES FOR WHICH THE CORPORATION IS ORGANIZED ARE: 1) TO PROMOTE THE DEVELOPEMENT OF PROFESSIONAL AND PERSONAL RELATIONSHIPS AMONG ITS MEMBERS. 2) TO DEVELOP THE CAREERS OF KOREAN-AMERICAN PROFESSIONALS IN THE AUTOMOTIVE INDUSTRY. 3) TO NURTUR THE DEVELOPMENT OF YOUNG KOREAN-AMERICAN TALENTS IN THE AUTOMOTIVE INDUSTRY. 4) TO CONTRIBUTE TO THE SUCCESS OF AUTOMOTIVE INDUSTRY BY UTILIZING OUR UNIQUE CULTURAL BACKGROUND AS KOREA-AERICANS.

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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 (2024)

Revenue Breakdown

Contributions & Grants $8,353

Program Service Revenue $55,067

Investment Income $5,978

Other Revenue $0

TOTAL REVENUE $69,398

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $81,590

Other Expenses $81,590

TOTAL EXPENSES $81,590

Year-over-Year Comparison

	2024	2023	Change
Revenue	$69,398	$44,436	+0.6%
Expenses	$81,590	$50,885	+0.6%
Net Income	$-12,192	$-6,449	+0.9%

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
YOUNGSAN AHN	TREASURER	N/A	Officer	$0	$0	$0
SEUNG HOON LEE	AUDITOR	N/A	Officer	$0	$0	$0
FABIAN ROH	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
2025	$69,398	$81,590	$177,593	$-12,192
2024	$44,436	$50,885	$189,785	$-6,449
2023	$38,772	$48,413	$196,234	$-9,641
2022	$32,612	$46,571	$205,875	$-13,959
2021	$33,398	$25,171	$219,823	$8,227
2020	$59,790	$53,533	$211,596	$6,257

THE ASSOC OF KOREAN-AMERICAN PROF IN THE AUTOMOTIVE INDUSTRY