KOREA ASSOCIATION OF VIRGINIA IN WASHINGTON METROPOLITIAN AREA

EIN: 824030204 501(c)(3)

VIENNA, VA

Total Revenue
$43,057
Total Expenses
$34,194
Total Assets
$27,620
Net Assets
$27,620
🔒

Tuckman-Chang Vulnerability Assessment

4 risk indicators measuring financial stability and operational resilience

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

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
2018
Legal Domicile
VA
Principal Officer
YEONGCHEON KIM
Phone
7033034866
Tax Period
2019-01-01 to 2019-12-31

KOREA ASSOCIATION OF VIRGINIA IN WASHINGTON METROPOLITIAN AREA, founded in 2018, is a micro nonprofit that reported $30K in total revenue in fiscal year 2018. The organization ran a surplus of $19K, a strong 62% operating margin.

Mission

Advocate the rights and representing the interest of Korean-Americans in the Washington

🔒

Trantor Score

Financial Health & Payment Capacity Assessment (FICO Scale: 300–850)

Sign in to view Trantor Score and financial metrics

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

Sign In — Free (10 views/day)

Financial Overview (2019)

Revenue Breakdown

Contributions & Grants $43,057
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $43,057

Expense Breakdown

Grants Paid $22,300
Salaries & Benefits $0
Fundraising Expenses $0
Other Expenses $11,894
TOTAL EXPENSES $34,194

Year-over-Year Comparison

2019 2018 Change
Revenue $43,057 $30,032 +0.4%
Expenses $34,194 $11,275 +2.0%
Net Income $8,863 $18,757 -0.5%
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

Sign In

Governance

Voting Members
31
Independent Members
N/A
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
1
$0
Total Directors
2
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
IL K CHOE PRESIDENT 010.00
Officer Director
$0 $0 $0
BEOPM GU YEO DIRECTOR 010.00
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
2019 $43,057 $34,194 $27,620 $8,863
2018 $30,032 $11,275 $18,757 $18,757
Explore More Nonprofits
→Top 100 Nonprofits in Virginia →Largest U.S. Nonprofits →Best Rated Nonprofits →Most Efficient Nonprofits

Compare KOREA ASSOCIATION OF VIRGINIA IN WASHINGTON METROPOLITIAN AREA with other nonprofits in Virginia and across the country.

We Value Your Privacy
We use cookies and similar technologies to analyze site traffic and improve your experience. By clicking "Accept All", you consent to our use of cookies for analytics and measurement.