KOREAN CENTER INCORPORATED (EIN 510173831) - 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

1975

Legal Domicile

Principal Officer

CHRISTY AHN

Phone

4154411881

Tax Period

2025-01-01 to 2025-12-31

KOREAN CENTER INCORPORATED, founded in 1975, is a small nonprofit in the Human Services sector that reported $572K in total revenue in fiscal year 2025. Revenue decreased 13% compared to the prior year. The organization ran a surplus of $115K, a strong 20% operating margin.

Mission

TO CREATE SPACES FOR EXPLORING KOREAN CULTURE AND COLLABORATING TO ADDRESS KOREAN AMERICAN NEEDS.

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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 $264,009

Program Service Revenue $279,897

Investment Income $0

Other Revenue $28,135

TOTAL REVENUE $572,041

Expense Breakdown

Grants Paid $0

Salaries & Benefits $314,180

Fundraising Expenses $31,418

Program Expenses $267,314

Other Expenses $143,324

TOTAL EXPENSES $457,504

Year-over-Year Comparison

	2025	2024	Change
Revenue	$572,041	$656,598	-0.1%
Expenses	$457,504	$729,614	-0.4%
Net Income	$114,537	$-73,016	-2.6%

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

Employees

Volunteers

172

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
ROSEMARIE NAHM	DIRECTOR	1.00	Director	$0	$0	$0
KORINA PARK	DIRECTOR	1.00	Director	$0	$0	$0
SARAH KIM-LEE	DIRECTOR	1.00	Director	$0	$0	$0
LINDA KANG	DIRECTOR	1.00	Director	$0	$0	$0
ANNY HONG	DIRECTOR	1.00	Director	$0	$0	$0
RACHEL SHAY	DIRECTOR	1.00	Director	$0	$0	$0
KATHY WOEBER GARDNER	SECRETARY	3.00	Officer Director	$0	$0	$0
CHRISTY AHN	TREASURER	3.00	Officer Director	$0	$0	$0
SO-EUN PARK	CHAIR	3.00	Officer Director	$0	$0	$0
CHRISTINE MOON	DIRECTOR	1.00	Director	$0	$0	$0
DAVID LEE	DIRECTOR	1.00	Director	$0	$0	$0
CHRISTINE HONG	DIRECTOR	1.00	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	$572,041	$457,504	$734,423	$114,537
2024	$656,598	$729,614	$604,659	$-73,016
2023	$543,952	$658,471	$676,397	$-114,519
2022	$307,520	$303,785	$801,817	$3,735
2022	$581,990	$430,091	$802,792	$151,899
2021	$429,416	$426,588	$687,408	$2,828
2020	$476,866	$387,936	$634,467	$88,930
2019	$267,804	$269,054	$506,229	$-1,250

KOREAN CENTER INCORPORATED