KOREA FINANCE SOCIETY LTD

EIN: 461209817 501(c)(3) Education

BROOKLYN, NY

Total Revenue
$397,366
Total Expenses
$277,082
Total Assets
$267,193
Net Assets
$259,116
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2012
Legal Domicile
NY
Principal Officer
MARK KIM
Phone
6073732818
Tax Period
2024-03-01 to 2025-02-28

KOREA FINANCE SOCIETY LTD, founded in 2012, is a small nonprofit in the Education sector that reported $397K in total revenue in fiscal year 2024. Revenue fell 30% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $120K, a strong 30% operating margin.

Mission

KFS SERVES TO BUILD A COMMUNITY TO PROMOTE THE DEVELOPMENT OF GLOBAL KOREAN FINANCE PROFESSIONALS THROUGH NETWORKING, EDUCATION AND MENTORSHIP - TO EMPOWER MEMBERS TO GIVE BACK TO THE COMMUNITY

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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%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $395,077
Program Service Revenue $0
Investment Income $2,289
Other Revenue $0
TOTAL REVENUE $397,366

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $210,892
Other Expenses $277,082
TOTAL EXPENSES $277,082

Year-over-Year Comparison

2024 2023 Change
Revenue $397,366 $571,435 -0.3%
Expenses $277,082 $505,854 -0.5%
Net Income $120,284 $65,581 +0.8%
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

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Governance

Voting Members
10
Independent Members
N/A
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
2
$0
Total Directors
10
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MARK KIM PRESIDENT 5.00
Officer Director
$0 $0 $0
DONGJIN KIM TREASURER 5.00
Officer Director
$0 $0 $0
MICHAEL JOO DIRECTOR 1.00
Director
$0 $0 $0
SANDOR HAU DIRECTOR 1.00
Director
$0 $0 $0
SOO KIM DIRECTOR 1.00
Director
$0 $0 $0
ANDREW KIM DIRECTOR 1.00
Director
$0 $0 $0
JI HYE YOU DIRECTOR 1.00
Director
$0 $0 $0
CHRISTOPHER KIM DIRECTOR 1.00
Director
$0 $0 $0
SANDRA SCHUBERT DIRECTOR 1.00
Director
$0 $0 $0
YUP SANG KIM DIRECTOR 1.00
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 $397,366 $277,082 $267,193 $120,284
2024 $571,435 $505,854 $158,771 $65,581
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