GOOD NEIGHBORS GLOBAL PARTNERSHIP CENTER (EIN 813404708) - 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

2016

Legal Domicile

Principal Officer

IL HA YI

Phone

9499971004

Tax Period

2024-01-01 to 2024-12-31

GOOD NEIGHBORS GLOBAL PARTNERSHIP CENTER, founded in 2016, is a mid-sized nonprofit in the International Affairs sector that reported $72.9M in total revenue in fiscal year 2024. Expenses of $68.3M left a modest 6% surplus.

Mission

GOOD NEIGHBORS GLOBAL PARTNERSHIP CENTER FACILITATES COLLABORATION AMONG GOOD NEIGHBORS ENTITIES AROUND THE WORLD UNDER THE PARTNERSHIP COVENANT, FURTHERING THEIR SHARED MISSION 'GOOD NEIGHBORS EXISTS TO MAKE THE WORLD A PLACE WITHOUT HUNGER, WHERE PEOPLE LIVE TOGETHER IN HARMONY.'

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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 $72,263,942

Program Service Revenue $0

Investment Income $0

Other Revenue $660,002

TOTAL REVENUE $72,923,944

Expense Breakdown

Grants Paid $65,868,985

Salaries & Benefits $1,999,023

Fundraising Expenses $0

Program Expenses $65,868,985

Other Expenses $405,462

TOTAL EXPENSES $68,273,470

Year-over-Year Comparison

	2024	2023	Change
Revenue	$72,923,944	$75,686,180	0.0%
Expenses	$68,273,470	$77,850,899	-0.1%
Net Income	$4,650,474	$-2,164,719	-3.1%

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

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

$75,145

Total Directors

$75,145

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MIN HO CHOI	SECRETARY	40.00	Officer Director	$75,145	$0	$75,145
MINA CHOI	TREASURER/DI	2.00	Officer Director	$0	$0	$0
JUNGGON KIM	DIRECTOR	2.00	Director	$0	$0	$0
SATOSHI KOIZUMI	DIRECTOR	2.00	Director	$0	$0	$0
IL HA YI	PRESIDENT	2.00	Officer 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
2024	$72,923,944	$68,273,470	$18,396,490	$4,650,474
2023	$75,686,180	$77,850,899	$13,843,094	$-2,164,719
2022	$76,257,600	$71,379,564	$15,977,952	$4,878,036
2021	$76,708,426	$73,986,723	$10,080,240	$2,721,703
2020	$74,277,628	$75,774,645	$7,369,016	$-1,497,017
2019	$69,525,997	$63,730,893	$10,536,127	$5,795,104
2018	$46,979,570	$42,352,738	$4,819,962	$4,626,832

GOOD NEIGHBORS GLOBAL PARTNERSHIP CENTER