GLOBAL CHILDREN FOUNDATION INC

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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

1998

Legal Domicile

Principal Officer

ANGELINE CHO

Phone

4152856225

Tax Period

2024-01-01 to 2024-12-31

GLOBAL CHILDREN FOUNDATION INC, founded in 1998, is a community nonprofit in the Human Services sector that reported $1.2M in total revenue in fiscal year 2024. Expenses of $1.1M left a modest 10% surplus.

Mission

To provide assistance to children around the world who need food, education and medical attention.

Program Service Accomplishments

Program 1

Expenses: $665,798 Revenue: $1,245,924

Received the donations from the general public and conduct the special events to Provide the assitance to the needy children around the world.

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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 (2024)

Revenue Breakdown

Contributions & Grants $1,218,624

Program Service Revenue $0

Investment Income $27,300

Other Revenue $0

TOTAL REVENUE $1,245,924

Expense Breakdown

Grants Paid $0

Salaries & Benefits $45,325

Fundraising Expenses $336,944

Program Expenses $665,798

Other Expenses $1,072,993

TOTAL EXPENSES $1,118,318

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,245,924	$1,204,641	+0.0%
Expenses	$1,118,318	$1,084,668	+0.0%
Net Income	$127,606	$119,973	+0.1%

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

420

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
GRACE SUNG	Chairman	5.00	Director	$0	$0	$0
KAREN CHUNG	Director	5.00	Director	$0	$0	$0
IN SOOK YU SONG	Director	5.00	Director	$0	$0	$0
YEONG SOOK KIM	Director	5.00	Director	$0	$0	$0
SEUNG KEE RYU	Director	5.00	Director	$0	$0	$0
YOUNG CHON	Director	5.00	Director	$0	$0	$0
CLAIRE KANG	Director	5.00	Director	$0	$0	$0
YOUNG SOOK CHOI	Director	5.00	Director	$0	$0	$0
MYUNG HEI LEE	Director	5.00	Director	$0	$0	$0
SEU HEE LEE	Director	5.00	Director	$0	$0	$0
KIM YUM	Director	5.00	Director	$0	$0	$0
PYOUNG RAN CHOI	Director	5.00	Director	$0	$0	$0
ANGELINE CHO	President & CEO	20.00	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	$1,245,924	$1,118,318	$1,800,356	$127,606
2023	$1,204,641	$1,084,668	$1,676,261	$119,973
2022	$1,327,983	$1,052,121	$1,554,641	$275,862
2021	$787,361	$439,989	$1,276,579	$347,372
2020	$316,531	$380,465	$929,420	$-63,934
2019	$589,409	$604,109	$993,235	$-14,700
2018	$809,765	$697,792	$1,009,958	$111,973