THE WORLD KOREAN MEDICAL ORGANIZATION INC

EIN: 461375262 501(c)(3)

ENGLEWOOD, NJ

Total Revenue
N/A
Total Expenses
$849
Total Assets
N/A
Net Assets
N/A
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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
NJ
Principal Officer
CHUL S HYUN MD PHD
Phone
8456802527
Tax Period
2020-01-01 to 2020-12-31

Mission

THE GENERAL PURPOSES OF THE ORGANIZATION ARE (I) TO ENGENDER AND ENHANCE THE FELLOWSHIP OF ITS MEMBERS AND OTHERS THROUGH ACTIVE PARTICIPATION IN FORUMS, SYMPOSIA, AND OTHER PROFESSIONAL MEETINGS; (II) TO FACILITATE MEDICAL AND SCIENTIFIC RESEARCH AND ADVANCEMENT; (III) TO PROVIDE SCHOLARSHIP AND FINANCIAL/EDUCATIONAL ASSISTANCE TO NEEDY MEDICAL STUDENTS; AND (IV) TO PROMOTE OUTREACH ACTIVITIES IN THE UNDERDEVELOPED COMMUNITIES THROUGHOUT THE WORLD.

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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 (2020)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $0

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $849
Other Expenses $849
TOTAL EXPENSES $849

Year-over-Year Comparison

2020 2019 Change
Revenue N/A N/A N/A
Expenses $849 $6,720 -0.9%
Net Income N/A $-6,720 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

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Governance

Voting Members
3
Independent Members
3
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
3
$0
Total Directors
3
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
KEE PARK MD TREASURER 1.00
Officer Director
$0 $0 $0
KYUNG R LEE MD SECRETARY 1.00
Officer Director
$0 $0 $0
CHUL S HYUN MD PHD PRESIDENT 1.00
Officer 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
2020 No data $849 No data No data
2019 No data $6,720 $849 No data
2018 $16,000 $10,156 $7,569 $5,844
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