KRIN International Inc

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

2017

Legal Domicile

Principal Officer

Derek Seipp

Phone

7577057985

Tax Period

2022-01-01 to 2022-12-31

KRIN International Inc, founded in 2017, is a small nonprofit in the International Affairs sector that reported $192K in total revenue in fiscal year 2022. Revenue fell 32% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $36K, a strong 19% operating margin.

Mission

Grow a relational network of members and organizations connected to the organization's mission of empowering the Korean people for collaborative action and peer learning. Major activities focus on networking and training members on current issues, trends, related to the organization's mission while catalyzing new opportunities through which members may carry out the organization's mission.

Program Service Accomplishments

Program 1

Expenses: $108,149 Revenue: $0

Began a reorganization process, preparing the network for multiple future scenarios for the Korean peninsula. Hired a new executive director to carry out the plan. Held 5 online conferences to...

Began a reorganization process, preparing the network for multiple future scenarios for the Korean peninsula. Hired a new executive director to carry out the plan. Held 5 online conferences to educate and encourage organizations working to empower the Korean people, while dealing with significant current issues. Recruited, trained and released 3 new leaders in specific focus areas. Expanded the network signficantly, in terms of new organizations and individuals participating.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2022)

Revenue Breakdown

Contributions & Grants $191,935

Program Service Revenue $0

Investment Income $14

Other Revenue $0

TOTAL REVENUE $191,949

Expense Breakdown

Grants Paid $2,775

Salaries & Benefits $102,633

Fundraising Expenses $15,912

Program Expenses $108,149

Other Expenses $50,310

TOTAL EXPENSES $155,718

Year-over-Year Comparison

	2022	2021	Change
Revenue	$191,949	$282,654	-0.3%
Expenses	$155,718	$174,317	-0.1%
Net Income	$36,231	$108,337	-0.7%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

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
Derek Seipp	Executive Director	40.00	Highest	$47,403	$0	$47,403
Mary Gilliam	Director/Secretary	1.00	Officer Director	$0	$0	$0
Eugene W Jahn	Director/Treasurer	1.00	Officer Director	$0	$0	$0
Brett Nordick	Director/Acting Chairman	1.00	Officer Director	$0	$0	$0
Gary Russell	Director	1.00	Director	$0	$0	$0
Jeff Kwon	Director	1.00	Director	$0	$0	$0
Peter Lee	Director	1.00	Director	$0	$0	$0
Bob Beasley	Director	1.00	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
2022	$191,949	$155,718	$107,584	$36,231
2021	$282,654	$174,317	$197,185	$108,337
2020	$49,460	$185,160	$43,685	$-135,700