MOOGOONG TERRACE INC (EIN 363085027) - 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

1980

Legal Domicile

Principal Officer

DANAE KOVAC

Phone

7735835501

Tax Period

2025-01-01 to 2025-12-31

MOOGOONG TERRACE INC, founded in 1980, is a community nonprofit in the Housing & Shelter sector that reported $1.1M in total revenue in fiscal year 2025. Revenue surged 31% from the prior year, signaling strong growth momentum. The organization ran a surplus of $189K, a strong 17% operating margin.

Mission

APARTMENT BUILDING THAT PROVIDES HUD-SUBSIDIZED HOUSING TO 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 (2025)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $1,136,700

Investment Income $1,110

Other Revenue $1,002

TOTAL REVENUE $1,138,812

Expense Breakdown

Grants Paid $0

Salaries & Benefits $334,562

Fundraising Expenses $0

Program Expenses $672,504

Other Expenses $615,655

TOTAL EXPENSES $950,217

Year-over-Year Comparison

	2025	2024	Change
Revenue	$1,138,812	$869,055	+0.3%
Expenses	$950,217	$856,674	+0.1%
Net Income	$188,595	$12,381	+14.2%

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

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
ARNOLD CHOI	PRESIDENT	3.00	Officer Director	$0	$0	$0
KENT CHAEGU LEE	SECRETARY/TREASURER	3.00	Officer Director	$0	$0	$0
DR JOSEPH KIM	DIRECTOR	2.00	Director	$0	$0	$0
SHINHAE OH	DIRECTOR	2.00	Director	$0	$0	$0
OK KYUNG KIM	DIRECTOR	2.00	Director	$0	$0	$0
DANAE KOVAC	EXECUTIVE DIRECTOR	2.00	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	$1,138,812	$950,217	$2,020,358	$188,595
2024	$869,055	$856,674	$1,895,122	$12,381
2023	$968,909	$907,077	$2,041,770	$61,832
2022	$1,008,260	$900,424	$2,017,766	$107,836
2021	$992,953	$887,607	$1,964,993	$105,346
2020	$975,288	$968,353	$1,988,131	$6,935

MOOGOONG TERRACE INC