TASSEL INC (EIN 460825424) - 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

2012

Legal Domicile

Principal Officer

Joji Tatsugi

Phone

3105259693

Tax Period

2025-01-01 to 2025-12-31

TASSEL INC, founded in 2012, is a community nonprofit in the International Affairs sector that reported $1.8M in total revenue in fiscal year 2025. Revenue surged 90% from the prior year, signaling strong growth momentum. The organization ran a surplus of $681K, a strong 37% operating margin.

Mission

To provide continuous, high quality English education and other sustainability services to the underserved in rural Cambodia, as well as to nurture and transform hearts of all involved.

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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 $1,821,404

Program Service Revenue $0

Investment Income $2,843

Other Revenue $0

TOTAL REVENUE $1,824,247

Expense Breakdown

Grants Paid $551,405

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $1,132,193

Other Expenses $591,527

TOTAL EXPENSES $1,142,932

Year-over-Year Comparison

	2025	2024	Change
Revenue	$1,824,247	$962,020	+0.9%
Expenses	$1,142,932	$833,141	+0.4%
Net Income	$681,315	$128,879	+4.3%

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

800

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
Joji Tatsugi	President	40	Director	$0	$0	$0
Ella Kim	Director	10	Director	$0	$0	$0
Ray Kim	Director	10	Director	$0	$0	$0
Leslie Kim	Director	10	Director	$0	$0	$0
Gary Kim	Treasurer	10.00	Director	$0	$0	$0
Stephen Kim	Director	10	Director	$0	$0	$0
Tammy Ryu	Director	10	Director	$0	$0	$0
Helen Chun	Director	10	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
2025	$1,824,247	$1,142,932	$1,171,071	$681,315
2024	$962,020	$833,141	$489,757	$128,879
2023	$721,597	$619,817	$360,878	$101,780
2022	$631,102	$567,564	$259,098	$63,538
2021	$593,650	$560,236	$195,560	$33,414
2020	$466,612	$480,976	$162,146	$-14,364
2018	$303,886	$260,394	$132,015	$43,492

TASSEL INC