KOREAN SPORTS ASSOCIATION IN USA (EIN 465315326) - 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

2016

Legal Domicile

Principal Officer

RICHARD JEON

Phone

2135076007

Tax Period

2025-01-01 to 2025-12-31

KOREAN SPORTS ASSOCIATION IN USA, founded in 2016, is a small nonprofit in the Recreation & Sports sector that reported $172K in total revenue in fiscal year 2025. Revenue fell 31% from the prior year — a significant decline worth monitoring. Expenses of $209K exceeded revenue, resulting in a 22% operating deficit.

Mission

TO PROMOTE HEALTH AND SOCIAL RELATION THROUGH SPORTS.

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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 $172,193

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $172,193

Expense Breakdown

Grants Paid $33,703

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $165,536

Other Expenses $175,696

TOTAL EXPENSES $209,399

Year-over-Year Comparison

	2025	2024	Change
Revenue	$172,193	$251,130	-0.3%
Expenses	$209,399	$235,857	-0.1%
Net Income	$-37,206	$15,273	-3.4%

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

N/A

Employees

N/A

Volunteers

330

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
JOO HYUN CHUNG	C.E.O.	20.00	Officer	$0	$0	$0
ANDREW KIM	SECRETARY	20.00	Officer	$0	$0	$0
EUNSIL CHA	FINANCE DIRECTOR	20.00	Officer	$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	$172,193	$209,399	$26,280	$-37,206
2024	$251,130	$235,857	$63,486	$15,273
2023	$200,584	$284,306	$48,213	$-83,722
2022	$364,851	$247,117	$131,848	$117,734
2021	$37,587	$61,144	$14,114	$-23,557
2020	$38,332	$11,871	$37,671	$26,461
2019	$297,633	$348,817	$11,210	$-51,184
2018	$251,037	$204,933	No data	$46,104

KOREAN SPORTS ASSOCIATION IN USA