CTS AMERICA INC (EIN 263963874) - 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

DUCK KYU KAM

Tax Period

2023-01-01 to 2023-12-31

CTS AMERICA INC, founded in 2008, is a small nonprofit in the Religion sector that reported $811K in total revenue in fiscal year 2023. Revenue fell 28% from the prior year — a significant decline worth monitoring. Expenses of $958K exceeded revenue, resulting in a 18% operating deficit.

Mission

TO DELIVER THE GOSPEL OF THE LORD JESUS CHRIST BY BROADCASTING TELEVISION

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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 $807,074

Program Service Revenue $0

Investment Income $3,701

Other Revenue $0

TOTAL REVENUE $810,775

Expense Breakdown

Grants Paid $0

Salaries & Benefits $265,175

Fundraising Expenses $0

Program Expenses $957,733

Other Expenses $692,558

TOTAL EXPENSES $957,733

Year-over-Year Comparison

	2023	2022	Change
Revenue	$810,775	$1,132,472	-0.3%
Expenses	$957,733	$1,085,104	-0.1%
Net Income	$-146,958	$47,368	-4.1%

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

$72,000

Total Directors

$72,000

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
DUCK KYU KAM	PRESIDENT	32.00	Officer Director	$72,000	$0	$72,000
WOO JOON KIM	BOARD MEMBER	0.00	Director	$0	$0	$0
YONG JOONG CHO	BOARD MEMBER	0.00	Director	$0	$0	$0
JIN TAEK KIM	BOARD MEMBER	0.00	Director	$0	$0	$0
BYUNGJOO SONG	BOARD MEMBER	0.00	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	$810,775	$957,733	$289,142	$-146,958
2022	$1,132,472	$1,085,104	$436,100	$47,368
2021	$1,010,192	$994,361	$390,247	$15,831
2020	$927,477	$721,014	$372,901	$206,463
2019	$764,846	$779,704	$166,438	$-14,858
2018	$755,377	$699,304	$184,005	$56,073

CTS AMERICA INC