KASBP INC (EIN 461096682) - 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

HYUNKYUNG JUNG

Phone

7326096101

Tax Period

2024-07-01 to 2025-06-30

KASBP INC, founded in 2012, is a small nonprofit in the Recreation & Sports sector that reported $361K in total revenue in fiscal year 2024. Revenue fell 26% from the prior year — a significant decline worth monitoring. Expenses of $405K exceeded revenue, resulting in a 12% operating deficit.

Mission

TO SUPPORT PROMOTION OF EDUCATION AND INFORMATION EXCHANGE AMONG COMMUNITIES IN PHARMACEUTICAL AND BIOTECH FIELD.

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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 (2024)

Revenue Breakdown

Contributions & Grants $360,818

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $360,818

Expense Breakdown

Grants Paid $58,800

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $388,993

Other Expenses $346,404

TOTAL EXPENSES $405,204

Year-over-Year Comparison

	2024	2023	Change
Revenue	$360,818	$489,409	-0.3%
Expenses	$405,204	$537,941	-0.2%
Net Income	$-44,386	$-48,532	-0.1%

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
SEUNGWON CHUNG	PRESIDENT	002.00	Officer Director	$0	$0	$0
MIN-KYU CHO	SECRETARY	002.00	Officer Director	$0	$0	$0
SEUNG WOOK CHUNG	DIRECTOR	002.00	Director	$0	$0	$0
DOOYOUNG LEE	DIRECTOR	002.00	Director	$0	$0	$0
OH KYU YOON	DIRECTOR	002.00	Director	$0	$0	$0
SUNGYONG HWANG	DIRECTOR	002.00	Director	$0	$0	$0
CHEOL K CHUNG	DIRECTOR	002.00	Director	$0	$0	$0
HYUNGWOOK LIM	DIRECTOR	002.00	Director	$0	$0	$0
JINSOO LIM	DIRECTOR	002.00	Director	$0	$0	$0
SEUNGKYU LEE	DIRECTOR	002.00	Director	$0	$0	$0
IN-HYUN PARK	DIRECTOR	002.00	Director	$0	$0	$0
HYUNKYUNG JUNG	TREASURER	002.00	Officer Director	$0	$0	$0
SEUNGHUN PARK	DIRECTOR	002.00	Director	$0	$0	$0
JINA HA	DIRECTOR	002.00	Director	$0	$0	$0
HYELIM KIM	DIRECTOR	002.00	Director	$0	$0	$0
HYUNGJIN YUN	DIRECTOR	002.00	Director	$0	$0	$0
YANG LEE	DIRECTOR	002.00	Director	$0	$0	$0
SUNGTAE KIM	DIRECTOR	002.00	Director	$0	$0	$0
JAEMIN CHO	DIRECTOR	002.00	Director	$0	$0	$0
GRACE HO-YOUNG LEE	DIRECTOR	002.00	Director	$0	$0	$0
JAMIE JI YOUNG PARK	DIRECTOR	002.00	Director	$0	$0	$0
DAEHO LEE	DIRECTOR	002.00	Director	$0	$0	$0
JIWHAN PARK	DIRECTOR	002.00	Director	$0	$0	$0
YOONJI BAEK	DIRECTOR	002.00	Director	$0	$0	$0
GRACE LEE	DIRECTOR	002.00	Director	$0	$0	$0
HYUNGJIN YUN	DIRECTOR	002.00	Director	$0	$0	$0
SEUNGHUN PARK	DIRECTOR	002.00	Director	$0	$0	$0
SUNGKI KIM	DIRECTOR	002.00	Director	$0	$0	$0
SANGWON LEE	DIRECTOR	002.00	Director	$0	$0	$0
YOONSEOK SEO	DIRECTOR	002.00	Director	$0	$0	$0
HYUNG JIN JUNG	DIRECTOR	002.00	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	$360,818	$405,204	$274,268	$-44,386
2024	$489,409	$537,941	$318,654	$-48,532
2023	$277,005	$344,087	$367,186	$-67,082
2022	$221,953	$68,641	$434,268	$153,312
2021	$169,597	$66,173	$280,956	$103,424
2020	$189,117	$186,281	$177,532	$2,836
2019	$204,578	$214,830	$174,696	$-10,252

KASBP INC