NEW ASIA FOUNDATION FOR EDUCATION AND CULTURE (EIN 330802338) - 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

1998

Legal Domicile

Principal Officer

DR WOO YONG LIE

Phone

2133823740

Tax Period

2023-01-01 to 2023-12-31

NEW ASIA FOUNDATION FOR EDUCATION AND CULTURE, founded in 1998, is a small nonprofit in the International Affairs sector that reported $179K in total revenue in fiscal year 2023.

Mission

1. RELIEF WORK FOR N. KOREA CHILDREN 2. MYANMAR, MONGOLIA MISSION PROJECT 3. NATIVE MISSIONARY SCHOLARSHIP SUPPORT 4. YUST MISSIONARY SUPPORT

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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 $178,689

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $178,689

Expense Breakdown

Grants Paid $3,000

Salaries & Benefits $64,898

Fundraising Expenses $0

Program Expenses $110,890

Other Expenses $110,760

TOTAL EXPENSES $178,658

Year-over-Year Comparison

	2023	2022	Change
Revenue	$178,689	$174,473	+0.0%
Expenses	$178,658	$169,532	+0.1%
Net Income	$31	$4,941	-1.0%

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

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

$60,000

Total Directors

$60,000

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
YEUN K LIE	SECRETARY	20.00	Officer Director	$52,500	$0	$52,500
DR WOO YONG LIE	PRESIDENT	20.00	Officer Director	$7,500	$0	$7,500
DAE YONG SHIN	CHAIRMAN	N/A	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	$178,689	$178,658	$71,813	$31
2022	$174,473	$169,532	$71,350	$4,941
2021	$192,665	$189,479	$62,190	$3,186
2020	$170,550	$146,448	$58,984	$24,102
2019	$168,171	$163,150	$33,293	$5,021
2018	$174,130	$186,580	$27,940	$-12,450

NEW ASIA FOUNDATION FOR EDUCATION AND CULTURE