THE DRAGON KIM FOUNDATION

EIN: 475197030 501(c)(3) Philanthropy & Grantmaking

Tustin, CA

Total Revenue
$399,009
Total Expenses
$718,952
Total Assets
$315,171
Net Assets
$313,844
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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
2015
Legal Domicile
CA
Principal Officer
DANIEL KIM
Phone
7148610873
Tax Period
2024-01-01 to 2024-12-31

THE DRAGON KIM FOUNDATION, founded in 2015, is a small nonprofit in the Philanthropy & Grantmaking sector that reported $399K in total revenue in fiscal year 2024. Revenue decreased 10% compared to the prior year. Expenses of $719K exceeded revenue, resulting in a 80% operating deficit.

Mission

ALL KIDS DESERVE OPPORTUNITIES TO FIND AND EXPLORE THEIR INTERESTS SO THAT THEY CAN LEAD AMAZING LIVES. OUR MISSION IS TO PROVIDE FUNDING AND PROGRAMS TO ENABLE CHILDREN TO PURSUE THEIR PASSIONS WITHIN ACADEMICS, ATHLETICS, AND THE ARTS.

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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 (2024)

Revenue Breakdown

Contributions & Grants $354,623
Program Service Revenue $0
Investment Income $1,399
Other Revenue $42,987
TOTAL REVENUE $399,009

Expense Breakdown

Grants Paid $0
Salaries & Benefits $239,290
Fundraising Expenses $57,515
Program Expenses $575,161
Other Expenses $479,662
TOTAL EXPENSES $718,952

Year-over-Year Comparison

2024 2023 Change
Revenue $399,009 $443,078 -0.1%
Expenses $718,952 $548,541 +0.3%
Net Income $-319,943 $-105,463 +2.0%
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
10
Independent Members
9
Employees
4
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
4
$113,679
Total Directors
10
$113,679
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
DANIEL KIM CHAIR-FOUNDER 10.00
Officer Director
$113,679 $0 $113,679
GEORGE FIGUEROA BOARDMEMBER 3.00
Director
$0 $0 $0
TEREN SHAFFER BOARDMEMBER 3.00
Director
$0 $0 $0
BILL TATE BOARDMEMBER 3.00
Director
$0 $0 $0
HELEN YI BOARDMEMBER 3.00
Director
$0 $0 $0
KERRI SONENSHINE BOARDMEMBER 3.00
Director
$0 $0 $0
JACK TOAN BOARDMEMBER 3.00
Director
$0 $0 $0
GRACE TSAI CO FOUNDER-EX DIR 3.00
Officer Director
$0 $0 $0
THAO NGO TREASURER 3.00
Officer Director
$0 $0 $0
STACY HANDLEY SECRETARY 3.00
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
2024 $399,009 $718,952 $315,171 $-319,943
2023 $417,598 $548,541 $612,958 $-130,943
2022 $603,769 $563,578 $746,234 $40,191
2021 $676,217 $447,624 $713,608 $228,593
2020 $437,586 $293,522 $517,360 $144,064
2019 $385,898 $320,591 $366,555 $65,307
2018 $290,988 $189,045 $296,928 $101,943
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