KOREAN COMMUNITY CENTER (EIN 463471871) - Form 990 Financial Analysis & Trantor Score

🔒

Tuckman-Chang Vulnerability Assessment

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

2013

Legal Domicile

Phone

7036259552

Tax Period

2024-01-01 to 2024-12-31

KOREAN COMMUNITY CENTER ORGANIZING COMMITTE INC, founded in 2013, is a small nonprofit in the Arts, Culture & Humanities sector that reported $679K in total revenue in fiscal year 2018. Revenue surged 123% from the prior year, signaling strong growth momentum. The organization ran a surplus of $678K, a strong 100% operating margin.

Mission

To raise funds and conduct work that supports the creation of a Koren Community Center that provides services and cultural opportunities that allow Korean and non-Koreans to develop as healthy, self-sufficient community

🔒

Trantor Score

Financial Health & Payment Capacity Assessment (FICO Scale: 300–850)

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $279,685

Program Service Revenue $0

Investment Income $0

Other Revenue $289,132

TOTAL REVENUE $568,817

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $4,665

Other Expenses $371,975

TOTAL EXPENSES $371,975

Year-over-Year Comparison

	2024	2023	Change
Revenue	$568,817	$578,079	0.0%
Expenses	$371,975	$739,101	-0.5%
Net Income	$196,842	$-161,022	-2.2%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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
WILLIAM WONKYUN HWANG	EXECUTIVE DIRECTOR	002.00	Officer Director	$0	$0	$0
HAROLD PYON	GOVERANCE COMMITTE CHAIR	002.00	Officer Director	$0	$0	$0
SUSAN OH	FINDING HOME COMMITTE CHAIR	002.00	Officer Director	$0	$0	$0
TERRY LEE	MEMBERSHIP COMMITTE CHAIR	002.00	Officer Director	$0	$0	$0
STEVE LEE	FINANCING COMMITTE CHAIR	002.00	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
2025	No data	No data	No data	No data
2024	$568,817	$371,975	$4,430,056	$196,842
2023	$578,079	$739,101	$4,428,741	$-161,022
2022	$280,173	$467,960	$4,350,872	$-187,787
2021	$395,862	$319,347	$4,519,129	$76,515
2020	$406,737	$383,145	$4,442,614	$23,592
2018	$678,562	$932	$1,307,631	$677,630

KOREAN COMMUNITY CENTER