KOREAN AMERICAN CULTURAL ART FOUNDATION INCORPORATED (EIN 412211438) - 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

CHONG S PANTAGES

Phone

7035074492

Tax Period

2022-01-01 to 2022-12-31

KOREAN AMERICAN CULTURAL ART FOUNDATION INCORPORATED, founded in 2008, is a micro nonprofit in the Religion sector that reported $500 in total revenue in fiscal year 2022.

Mission

KOREAN AMERICAN CULTURAL ART, CORP. IS A NON-PROFIT ORGANIZATION BASED IN MARYLAND. THE MAIN OBJECTIVE IS TO SPREAD AND ESTABLISH GOOD WILL BETWEEN KOREA AND USA THRU VARIOUS CULTURAL CONCERT EVENTS AND EXCHANGES. THE ORGANIZATION WILL SPONSOR AND HOLD VARIOUS CULTURAL EXCHANGE EVENTS SUCH AS CONCERTS AND SEMINARS RELATED TO KOREAN TRADITIONAL ARTS AND PERFORMANCES.

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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 $500

Investment Income $0

Other Revenue $0

TOTAL REVENUE $500

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $0

TOTAL EXPENSES $0

Year-over-Year Comparison

	2022	2021	Change
Revenue	$500	N/A	N/A
Expenses	N/A	N/A	N/A
Net Income	N/A	$0	N/A

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

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MOKA PANTAGES	VICE-CHAIRMAN	10.00	Director	$0	$0	$0
DONNA CAPUANO	TREASURER	10.00	Director	$0	$0	$0
SOON J MOORE	BOARD OF MEMBERS	10.00	Director	$0	$0	$0
HYUN JUNG KIM	BOARD OF MEMBERS	10.00	Director	$0	$0	$0
CHONG S PANTAGES	PRESIDENT	20.00	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
2022	$500	No data	$87,455	No data
2021	No data	No data	$86,955	No data
2019	$26,864	$28,035	$86,955	$-1,171
2018	$27,786	$12,090	$88,126	$15,696
2018	$27,786	$12,090	$114,468	$15,696

KOREAN AMERICAN CULTURAL ART FOUNDATION INCORPORATED