KOREAN WOMENS ASSOCIATION OF MICHIGAN

EIN: 383153944 501(c)(3) Community Improvement

Livonia, MI

Total Revenue
$27,710
Total Expenses
$24,177
Total Assets
$62,021
Net Assets
$62,021
🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Phone
7345580029
Tax Period
2025-01-01 to 2025-12-31

KOREAN WOMENS ASSOCIATION OF MICHIGAN is a micro nonprofit in the Community Improvement sector that reported $28K in total revenue in fiscal year 2025. Revenue decreased 15% compared to the prior year. Expenses of $24K left a modest 13% surplus.

Mission

EDUCATE MEMBERS AND ENHANCE COMMUNITY RELATIONS

Program Service Accomplishments

Program 1
Expenses: $24,177

PAINT TOWN, VISIT SENIORS, NEWSLETTERS TO MEMBERS, LIBRARY BOOKS, ENHANCE COMMUNITY RELATIONS

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Sign In — Free (10 views/day)

Financial Overview (2025)

Revenue Breakdown

Contributions & Grants $25,775
Program Service Revenue $0
Investment Income $1,875
Other Revenue $60
TOTAL REVENUE $27,710

Expense Breakdown

Grants Paid $0
Salaries & Benefits $410
Fundraising Expenses $0
Program Expenses $24,177
Other Expenses $22,976
TOTAL EXPENSES $24,177

Year-over-Year Comparison

2025 2024 Change
Revenue $27,710 $32,463 -0.1%
Expenses $24,177 $29,911 -0.2%
Net Income $3,533 $2,552 +0.4%
Key Indicators
✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required
🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Sign In

Governance

Voting Members
11
Independent Members
11
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
1
$0
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
HYUNJU SISKOSKY 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 $27,710 $24,177 $62,021 $3,533
2024 $32,463 $29,911 $58,488 $2,552
2023 $23,788 $21,629 $55,936 $2,159
2022 $38,643 $37,968 $53,777 $675
2021 $9,942 $14,367 $53,102 $-4,425
2020 $4,221 $8,145 $57,527 $-3,924
2019 $23,054 $9,271 $61,451 $13,783
2018 $12,604 $8,596 $47,668 $4,008
Explore More Nonprofits
→Top 100 Nonprofits in Michigan →Largest U.S. Nonprofits →Best Rated Nonprofits →Most Efficient Nonprofits

Compare KOREAN WOMENS ASSOCIATION OF MICHIGAN with other nonprofits in Michigan and across the country.

We Value Your Privacy
We use cookies and similar technologies to analyze site traffic and improve your experience. By clicking "Accept All", you consent to our use of cookies for analytics and measurement.