KOREA ECONOMIC INSTITUTE OF AMERICA

EIN: 521238765 Community Improvement

WASHINGTON, DC

Total Revenue
$2,946,248
Total Expenses
$3,052,592
Total Assets
$7,139,398
Net Assets
$1,610,482
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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
1982
Legal Domicile
DC
Principal Officer
SCOTT SNYDER
Phone
2024641982
Tax Period
2025-01-01 to 2025-12-31

KOREA ECONOMIC INSTITUTE OF AMERICA, founded in 1982, is a community nonprofit in the Community Improvement sector that reported $2.9M in total revenue in fiscal year 2025.

Mission

THE INSTITUTE WAS FORMED TO HELP AMERICANS UNDERSTAND THE BREADTH AND IMPORTANCE OF OUR RELATIONS WITH THE REPUBLIC OF KOREA. THROUGH ITS PUBLICATIONS, SOCIAL MEDIA, PROGRAMS, AND PUBLIC EVENTS, KEI SEEKS TO ADVANCE THE SCHOLARSHIP AND UNDERSTANDING OF KOREA IN WAYS THAT WILL INFORM POLICY-MAKERS AND THE AMERICAN PUBLIC OF THE SECURITY, ECONOMIC AND POLITICAL IMPLICATIONS OF OUR CONNECTIONS TO THE KOREAN PENINSULA.

Program Service Accomplishments

Program 1

SPONSOR AND ORGANIZE OUTREACH PROGRAMS THAT INFORM UNIVERSITY STUDENTS AND PUBLIC AFFAIRS GROUPS ABOUT KOREA AND THE IMPORTANCE OF THE U.S. - KOREA RELATIONSHIP. IN 2023, KEIA ORGANIZED VARIOUS...

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SPONSOR AND ORGANIZE OUTREACH PROGRAMS THAT INFORM UNIVERSITY STUDENTS AND PUBLIC AFFAIRS GROUPS ABOUT KOREA AND THE IMPORTANCE OF THE U.S. - KOREA RELATIONSHIP. IN 2023, KEIA ORGANIZED VARIOUS ACADEMIC AND OUTREACH PROGRAMS THROUGHOUT THE UNITED STATES.

Program 2

SPONSOR AND CO-SPONSOR CONFERENCES, POLICY SEMINARS AND ROUNDTABLE DISCUSSIONS ON TOPICAL ISSUES RELATED TO KOREA OR THE U.S. - KOREA RELATIONSHIP.

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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 (2025)

Revenue Breakdown

Contributions & Grants $2,745,537
Program Service Revenue $163,040
Investment Income $37,671
Other Revenue $0
TOTAL REVENUE $2,946,248

Expense Breakdown

Grants Paid $0
Salaries & Benefits $1,476,471
Fundraising Expenses $0
Other Expenses $1,576,121
TOTAL EXPENSES $3,052,592

Year-over-Year Comparison

2025 2024 Change
Revenue $2,946,248 $3,059,106 0.0%
Expenses $3,052,592 $3,367,493 -0.1%
Net Income $-106,344 $-308,387 -0.7%
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
7
Employees
20
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
2
$376,619
Total Directors
9
$376,619
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
SCOTT SNYDER CHIEF EXEC. 40.00
Officer Director
$250,000 $4,619 $254,619
MARK TOKOLA SECRETARY -E 40.00
$180,040 $0 $180,040
ROSA CHUNG TREASURER 40.00
Officer Director
$122,000 $0 $122,000
MARK FITZPATRICK DIRECTOR 1.20
Director
$0 $0 $0
STEPHEN HAGGARD DIRECTOR 1.20
Director
$0 $0 $0
TAE SOO KANG DIRECTOR 1.20
Director
$0 $0 $0
DANNY M LEIPZIGER DIRECTOR 1.20
Director
$0 $0 $0
KATY OH DIRECTOR 1.20
Director
$0 $0 $0
TAMI OVERBY DIRECTOR 1.20
Director
$0 $0 $0
E YOUNG SONG DIRECTOR 1.20
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 $2,946,248 $3,052,592 $7,139,398 $-106,344
2024 $3,059,106 $3,367,493 $7,966,334 $-308,387
2023 $3,223,460 $3,472,211 $8,965,386 $-248,751
2022 $3,018,908 $3,352,154 $9,555,889 $-333,246
2021 $3,493,094 $2,824,209 $3,109,058 $668,885
2020 $2,875,188 $2,472,843 $2,405,440 $402,345
2019 $2,582,110 $2,561,778 $1,987,067 $20,332
2018 $2,493,126 $2,624,611 $1,982,352 $-131,485
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