OVERSEAS KOREAN TRADERS ASSOCIATION OF SOUTHERN CALIFORNIA (EIN 651282271) - 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

2006

Legal Domicile

Principal Officer

EDWARD SOHN

Tax Period

2023-01-01 to 2023-12-31

OVERSEAS KOREAN TRADERS ASSOCIATION OF SOUTHERN CALIFORNIA, founded in 2006, is a small nonprofit in the Community Improvement sector that reported $457K in total revenue in fiscal year 2023. Revenue surged 64% from the prior year, signaling strong growth momentum. Expenses of $410K left a modest 10% surplus.

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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 (2023)

Revenue Breakdown

Contributions & Grants $141,150

Program Service Revenue $307,314

Investment Income $1,616

Other Revenue $7,360

TOTAL REVENUE $457,440

Expense Breakdown

Grants Paid $0

Salaries & Benefits $44,361

Fundraising Expenses $0

Other Expenses $365,765

TOTAL EXPENSES $410,126

Year-over-Year Comparison

	2023	2022	Change
Revenue	$457,440	$278,221	+0.6%
Expenses	$410,126	$369,480	+0.1%
Net Income	$47,314	$-91,259	-1.5%

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
CHARLES CHOE	DIRECTOR	010.00	Director	$0	$0	$0
EDWARD SOHN	CEO, CFO	010.00	Officer	$0	$0	$0
KENNETH LEE	SECRETARY	007.00	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
2025	No data	No data	No data	No data
2024	No data	No data	No data	No data
2023	$457,440	$410,126	$170,620	$47,314
2022	$278,221	$369,480	$132,143	$-91,259
2021	$426,130	$326,616	$245,701	$99,514
2020	$268,245	$216,018	$125,493	$52,227
2019	$369,051	$333,051	$106,276	$36,000
2018	$384,861	$389,811	$98,780	$-4,950

OVERSEAS KOREAN TRADERS ASSOCIATION OF SOUTHERN CALIFORNIA