JINDO LOVE RESCUE 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

2018

Legal Domicile

Principal Officer

PATTI KIM

Phone

6192225900

Tax Period

2023-01-01 to 2023-12-31

JINDO LOVE RESCUE INC, founded in 2018, is a small nonprofit in the Animal-Related sector that reported $308K in total revenue in fiscal year 2023. Revenue fell 57% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $77K, a strong 25% operating margin.

Mission

PASSIONATE ANIMAL ADVOCATES SAVING THE LIVES OF DOGS IN SOUTH KOREA. WITH THE HELP OF OUR TEAM AND VOLUNTEERS, WE RESCUE AS MANY DOGS AS WE CAN FROM TERRIBLE CONDITIONS IN SOUTH KOREA AND LOOK FOR PERFECT, LOVING HOMES IN THE UNITED STATES AND CANADA FOR THESE DOGS.

Program Service Accomplishments

Program 1

Expenses: $231,146 Revenue: $106,828

JINDO LOVE RESCUE (JLR) RESCUES DOGS FROM THE MEAT TRADE IN SOUTH KOREA. THE DOGS RESCUED ARE GIVEN MEDICAL ATTENTION, FOSTERED, AND ULTIMATELY ADOPTED OUT TO PERSONS IN THE UNITED STATES AND CANADA. THE PROGRAM WAS ABLE TO RESCUE 94 DOGS AND PROVIDE NEW HOMES FOR 75 DOGS THROUGH ADOPTIONS IN 2023.

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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 $201,112

Program Service Revenue $106,828

Investment Income $0

Other Revenue $0

TOTAL REVENUE $307,940

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $231,146

Other Expenses $231,146

TOTAL EXPENSES $231,146

Year-over-Year Comparison

	2023	2022	Change
Revenue	$307,940	$712,049	-0.6%
Expenses	$231,146	$474,784	-0.5%
Net Income	$76,794	$237,265	-0.7%

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

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
JACKIE ALCAYAGA	VICE PRESIDENT	3.00	Officer Director	$0	$0	$0
PATTI KIM	CEO/PRESIDENT	20.00	Officer Director	$0	$0	$0
GRACE LEE	SECRETARY	5.00	Officer Director	$0	$0	$0
CLAIRE CLARE	SECRETARY	5.00	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	No data	No data	No data	No data
2023	$307,940	$231,146	$541,605	$76,794
2022	$712,049	$474,784	$465,758	$237,265
2021	$322,577	$519,970	$47,420	$-197,393
2020	$257,749	$337,994	$14,383	$-80,245