KNU SCHOOL OF MEDICINE ALUMNI

EIN: 823238519 501(c)(3) Education

PEPPER PIKE, OH

Total Revenue
$214,475
Total Expenses
$107,978
Total Assets
$558,448
Net Assets
$558,448
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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
OH
Principal Officer
BON CHUL KOO
Phone
4404616865
Tax Period
2024-01-01 to 2024-12-31

KNU SCHOOL OF MEDICINE ALUMNI, founded in 2017, is a small nonprofit in the Education sector that reported $214K in total revenue in fiscal year 2024. Revenue fell 66% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $106K, a strong 50% operating margin.

Mission

CHARITY AND ALUMNI RELATIONS

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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%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $61,038
Program Service Revenue $66,925
Investment Income $0
Other Revenue $86,512
TOTAL REVENUE $214,475

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $102,826
Other Expenses $107,978
TOTAL EXPENSES $107,978

Year-over-Year Comparison

2024 2023 Change
Revenue $214,475 $637,014 -0.7%
Expenses $107,978 $634,079 -0.8%
Net Income $106,497 $2,935 +35.3%
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

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Governance

Voting Members
7
Independent Members
7
Employees
N/A
Volunteers
20

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
1
$0
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Bon C Koo Treasurer N/A
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 $214,475 $107,978 $558,448 $106,497
2023 No data No data No data No data
2023 No data No data No data No data
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