KOREAN COMMUNITY SENIOR HOUSING CORPORATION OF MARYLAND II (EIN 273741984) - 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

2009

Legal Domicile

Phone

3014455540

Tax Period

2022-01-01 to 2022-12-31

KOREAN COMMUNITY SENIOR HOUSING CORPORATION OF MARYLAND II, founded in 2009, is a small nonprofit that reported $164K in total revenue in fiscal year 2022. Revenue fell 55% from the prior year — a significant decline worth monitoring.

Mission

TO PROVIDE ADEQUATE AND AFFORDABLE HOUSING TO MEET THE PHYSICAL, SOCIAL AND PSYCHOLOGICAL NEEDS OF ELDERLY AND HANDICAPPED INDIVIDUALS

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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 (2022)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $163,444

Investment Income $16

Other Revenue $77

TOTAL REVENUE $163,537

Expense Breakdown

Grants Paid $0

Salaries & Benefits $35,719

Fundraising Expenses $0

Program Expenses $163,591

Other Expenses $137,194

TOTAL EXPENSES $172,913

Year-over-Year Comparison

	2022	2021	Change
Revenue	$163,537	$361,279	-0.5%
Expenses	$172,913	$414,931	-0.6%
Net Income	$-9,376	$-53,652	-0.8%

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
SU JIN YON	Director	1.00	Director	$0	$0	$0
ROGER PYON	Director	1.00	Director	$0	$0	$0
ELIZABETH SANGHEE KIM	Director	1.00	Officer Director	$0	$0	$0
TIMOTHY HYON	Director	1.00	Director	$0	$0	$0
HAROLD PYON	Director	1.00	Director	$0	$0	$0
PHILIP S CHO	Treasurer	1.00	Officer Director	$0	$0	$0
DAVID LEE	Director	1.00	Director	$0	$0	$0
PETER W RIM	President	1.00	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
2022	$163,537	$172,913	No data	$-9,376
2021	$361,279	$414,931	$3,584,474	$-53,652
2020	$323,101	$401,529	$3,624,890	$-78,428
2019	$329,726	$379,190	$3,689,517	$-49,464
2018	$288,709	$387,371	$3,770,050	$-98,662

KOREAN COMMUNITY SENIOR HOUSING CORPORATION OF MARYLAND II