SEO & HWANG FOUNDATION INC (EIN 822079005) - 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

2017

Legal Domicile

Principal Officer

JIN UN HWANG

Phone

2013379100

Tax Period

2023-01-01 to 2023-12-31

SEO & HWANG FOUNDATION INC, founded in 2017, is a small nonprofit in the Education sector that reported $534K in total revenue in fiscal year 2023. Revenue surged 7464% from the prior year, signaling strong growth momentum. The organization ran a surplus of $485K, a strong 91% operating margin.

Mission

TO PROVIDE EDUCATIONAL SUPPORT TO CHILDREN FROM LOW-INCOME FAMILIES AND COMMUNITIES; TO PROVIDE RESOURCES AND FINANCIAL SUPPORT TO UNDERPRIVILEGED CHILDREN; TO AID IN THE ACADEMIC SUCCESS OF CHILDREN WHO DO NOT HAVE PROPER LEARNING MATERIALS AND OTHER ISSUES THAT ARISE FROM ECONOMIC HARDSHIPS; TO COLLECT AND DISTRIBUTE FUNDS FOR SCHOOL SUPPLIES, COMPUTERS, TEXTBOOKS, LUNCH MONEY, TUITIOIN, AND OTHER EDUCATIONAL NECESSITIES TO CHILDREN FROM FAMILIES EXPERIENCING FINANCIAL HARDSHIP; AND TO WORK COLLABORATIVELY WITH OTHER CHARITABLE ORGANIZATIONS, NOT-FOR-PROFIT AFFILIATIONS, AND GOVERNMENT AGENCIES TO ACTIVELY PARTAKE IN SOCIAL WORKS.

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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 $490,000

Program Service Revenue $0

Investment Income $44,003

Other Revenue $0

TOTAL REVENUE $534,003

Expense Breakdown

Grants Paid $48,200

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $48,200

Other Expenses $1,100

TOTAL EXPENSES $49,300

Year-over-Year Comparison

	2023	2022	Change
Revenue	$534,003	$7,060	+74.6%
Expenses	$49,300	$61,206	-0.2%
Net Income	$484,703	$-54,146	-10.0%

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
MYUNG SOOK AN	TRUSTEE	1.00	Director	$0	$0	$0
JIN UN HWANG	TRUSTEE	2.00	Officer Director	$0	$0	$0
KEE JAE HWANG	TRUSTEE	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
2023	$534,003	$49,300	$1,639,511	$484,703
2022	$7,060	$61,206	$1,154,808	$-54,146
2021	$451,915	$57,020	$1,208,954	$394,895
2020	$500,000	$32,000	$814,059	$468,000
2019	$200,175	$14,180	$346,059	$185,995

SEO & HWANG FOUNDATION INC