CENTER FOR ASIA LEADERSHIP INITIATIVES INC (EIN 465675030) - 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

HUNGSOO KIM

Tax Period

2023-01-01 to 2023-12-31

CENTER FOR ASIA LEADERSHIP INITIATIVES INC, founded in 2012, is a small nonprofit in the Human Services sector that reported $321K in total revenue in fiscal year 2023. Revenue surged 26% from the prior year, signaling strong growth momentum. Expenses of $373K exceeded revenue, resulting in a 16% operating deficit.

Mission

EDUCATIONAL PURPOSE-LEADERSHIP TRAINING,EDUCATION,CONSULTINGAND JOB CREATION INITIATIVES.

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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 (2023)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $320,920

Investment Income $6

Other Revenue $0

TOTAL REVENUE $320,926

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $370,413

Other Expenses $241,985

TOTAL EXPENSES $372,901

Year-over-Year Comparison

	2023	2022	Change
Revenue	$320,926	$255,194	+0.3%
Expenses	$372,901	$289,181	+0.3%
Net Income	$-51,975	$-33,987	+0.5%

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

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
Gil Alterovitz	Director	0.00	Officer	$0	$0	$0
HUNGSOO KIM	PRESIDENT	0.00	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
2024	No data	No data	No data	No data
2023	$320,926	$372,901	$225,099	$-51,975
2022	$255,194	$289,181	$278,374	$-33,987
2021	$196,118	$50,189	$311,161	$145,929
2020	$126,359	$150,511	$166,532	$-24,152
2019	$309,079	$247,390	$189,705	$61,689
2018	$341,213	$306,841	$132,695	$34,372

CENTER FOR ASIA LEADERSHIP INITIATIVES INC