KOREAN TRADITIONAL DANCE INSTITUTE OF CALIFORNIA (EIN 822688277) - 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

Phone

2136051254

Tax Period

2023-01-01 to 2023-12-31

KOREAN TRADITIONAL DANCE INSTITUTE OF CALIFORNIA, founded in 2017, is a small nonprofit in the Arts, Culture & Humanities sector that reported $172K in total revenue in fiscal year 2023. Revenue fell 25% from the prior year — a significant decline worth monitoring. Expenses of $207K exceeded revenue, resulting in a 21% operating deficit.

Mission

Serving the local community by teaching and educating individuals in the comuunity the art of Korean Traditioanl Dance and Music, and by promoting the mental and physical well-being of the community through cultural events and performances.

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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 $113,155

Program Service Revenue $58,547

Investment Income $18

Other Revenue $0

TOTAL REVENUE $171,720

Expense Breakdown

Grants Paid $20,000

Salaries & Benefits $38,177

Fundraising Expenses $0

Program Expenses $109,001

Other Expenses $148,791

TOTAL EXPENSES $206,968

Year-over-Year Comparison

	2023	2022	Change
Revenue	$171,720	$230,435	-0.3%
Expenses	$206,968	$140,698	+0.5%
Net Income	$-35,248	$89,737	-1.4%

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

N/A

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Role	Reportable Comp	Other Comp	Total
LAURA PARK	CEO	Officer	$0	$0	$0
VICTORIA S NAM	Secretary	Officer	$0	$0	$0
YVETTE KIM	CFO	Officer	$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	$171,720	$206,968	$517,657	$-35,248
2022	$230,435	$140,698	$552,905	$89,737
2021	$49,192	$103,249	$463,168	$-54,057
2020	$328,572	$50,389	$517,225	$278,183
2019	$273,321	$55,684	$239,042	$217,637
2018	$47,200	$30,895	$21,405	$16,305

KOREAN TRADITIONAL DANCE INSTITUTE OF CALIFORNIA