Korean American Society of Houston (EIN 800241335) - 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

2009

Legal Domicile

Phone

2813824883

Tax Period

2024-07-01 to 2025-06-30

Korean American Society of Houston, founded in 2009, is a small nonprofit in the Arts, Culture & Humanities sector that reported $456K in total revenue in fiscal year 2024.

Mission

Support Leaders of the Korean American Community and promote Korean Cultural awareness.

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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 $140,719

Program Service Revenue $315,683

Investment Income $17

Other Revenue $0

TOTAL REVENUE $456,419

Expense Breakdown

Grants Paid $10,500

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $445,554

Other Expenses $439,166

TOTAL EXPENSES $449,666

Year-over-Year Comparison

	2024	2023	Change
Revenue	$456,419	N/A	N/A
Expenses	$449,666	N/A	N/A
Net Income	$6,753	N/A	N/A

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

N/A

Volunteers

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
Randy Shim	Director	1.00	Director	$0	$0	$0
Yang Nam	Director	1.00	Director	$0	$0	$0
Lawrence Lim	Director	1.00	Director	$0	$0	$0
Johnny So	Director	1.00	Director	$0	$0	$0
Sean Rheem	Director	1.00	Director	$0	$0	$0
Erick Kim	Director	1.00	Director	$0	$0	$0
David So	Director	1.00	Director	$0	$0	$0
Kristopher Ahn	Director	1.00	Director	$0	$0	$0
Janet Hong	President	4.00	Officer	$0	$0	$0
Jean Yang	Treasurer	4.00	Officer	$0	$0	$0
Kimmy Nunley	Executive Officer	1.00	Officer	$0	$0	$0
Patricia Han	Executive Officer	1.00	Officer	$0	$0	$0
Heather Gaskins	Executive Officer	1.00	Officer	$0	$0	$0
Crystal Ching	Executive Officer	1.00	Officer	$0	$0	$0
Jeongmin Park	Executive Officer	1.00	Officer	$0	$0	$0
John Nam	Executive Officer	1.00	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	$456,419	$449,666	$32,585	$6,753
2020	$288,321	$273,172	$16,694	$15,149

Korean American Society of Houston