LIGHT OF THE WORLD VIA TAEKWONDO

EIN: 812830936 501(c)(3) Youth Development

STRONGSVILLE, OH

Total Revenue
N/A
Total Expenses
N/A
Total Assets
$11,653
Net Assets
$11,653
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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
2016
Principal Officer
KEUN RYU
Phone
6144535902
Tax Period
2023-01-01 to 2023-12-31

Mission

THE MISSION OF LIGHT OF THE WORLD VIA TAEKWONDO IS TO IMPROVE THE WELL- BEING AND QUALITY OF LIFE OF ASIAN AMERICANS AND ASIAN IMMIGRANT FAMILIES IN OHIO BY PROVIDING SOCIAL AND EDUCATION SERVICES AND EMPOWERING INDIVIDUALS THROUGH EDUCATION, TRAINING, AND LEADERSHIP.

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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 (2023)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $0

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Other Expenses $0
TOTAL EXPENSES $0

Year-over-Year Comparison

2023 2022 Change
Revenue N/A N/A N/A
Expenses N/A N/A N/A
Net Income N/A 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

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Governance

Voting Members
N/A
Independent Members
3
Employees
3
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
0
$0
Total Directors
1
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
KEUN RYU PRESIDENT N/A
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
2023 No data No data $11,653 No data
2022 No data No data $11,653 No data
2021 No data No data $11,653 No data
2020 No data No data $11,653 No data
2019 $4,700 No data $11,653 No data
2018 No data No data $5,453 No data
2018 $1,500 No data $6,953 No data
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