US FUTURE LEADERSHIP FOUNDATIONINC (EIN 474045896) - 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

JIN WOOK OH

Phone

9785003322

Tax Period

2021-01-01 to 2021-12-31

US FUTURE LEADERSHIP FOUNDATIONINC, founded in 2016, is a small nonprofit that reported $316K in total revenue in fiscal year 2021. Revenue grew 16% year-over-year, indicating healthy expansion.

Mission

1. TO REACH TAEKWONDO TO CHILDREN GRADES K-12, WHILE PROMOTING IN THE STUDENTS THE CORE BELIEFS; RESPECT, HONESTY, HUMILITY, PERSEVERANCE AND SELF CONTORL. 2. TO PROMOTE A POSITIVE LEARNING ENVIRONMENT. THAT CARRIES THROUGHOUT THE STUDENTS' LIVES. 3. TO EXPAND TAEKWONDO NATIONWIDE BY MAKING IT A PART OF THE PUBLIC SCHOOL CURRICULUM.

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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 (2021)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $315,784

Investment Income $0

Other Revenue $0

TOTAL REVENUE $315,784

Expense Breakdown

Grants Paid $0

Salaries & Benefits $82,332

Fundraising Expenses $0

Program Expenses $317,198

Other Expenses $234,866

TOTAL EXPENSES $317,198

Year-over-Year Comparison

	2021	2020	Change
Revenue	$315,784	$271,818	+0.2%
Expenses	$317,198	$258,573	+0.2%
Net Income	$-1,414	$13,245	-1.1%

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

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
KIMBERLY KARVONEN	DIRECTOR	N/A	Director	$0	$0	$0
SEAN MEGLEY	DIRECTOR	N/A	Director	$0	$0	$0
PETER HUN DONG	EXECUTIVE DI	N/A	Director	$0	$0	$0
JIN WOOK OH	PRESIDENT	N/A	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
2021	$315,784	$317,198	$53,005	$-1,414
2020	$271,818	$258,573	$38,472	$13,245

US FUTURE LEADERSHIP FOUNDATIONINC