KWANG HE WON HEALTH CENTER (EIN 824806703) - 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

2018

Legal Domicile

Principal Officer

BONGJA BENA WON

Phone

2133850448

Tax Period

2023-01-01 to 2023-12-31

KWANG HE WON HEALTH CENTER, founded in 2018, is a small nonprofit in the Health Care sector that reported $784K in total revenue in fiscal year 2023. Revenue surged 172% from the prior year, signaling strong growth momentum. Expenses of $915K exceeded revenue, resulting in a 17% operating deficit.

Mission

PROVIDE HEALTH CARE SERVICES TO MEDICALLY UNDERSERVED POPULATION IN LOS ANGELES, CALIFORNIA.

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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 $44,000

Program Service Revenue $739,606

Investment Income $0

Other Revenue $0

TOTAL REVENUE $783,606

Expense Breakdown

Grants Paid $0

Salaries & Benefits $509,604

Fundraising Expenses $0

Program Expenses $757,223

Other Expenses $405,518

TOTAL EXPENSES $915,122

Year-over-Year Comparison

	2023	2022	Change
Revenue	$783,606	$288,025	+1.7%
Expenses	$915,122	$750,510	+0.2%
Net Income	$-131,516	$-462,485	-0.7%

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

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

$22,500

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
YEONG CHA	CHAIR	2.00	Officer Director	$0	$0	$0
KEVIN LEE	VICE CHAIR	2.00	Officer Director	$0	$0	$0
SVIATLANA SPIASIUTSAVA	TREASURER	2.00	Officer Director	$0	$0	$0
TERESA PEREZ	SECRETARY	2.00	Officer Director	$0	$0	$0
MICAH MOCH	MEMBER	1.00	Director	$0	$0	$0
YOUNG KIM	MEMBER	1.00	Director	$0	$0	$0
YOUNG SOON HWANG	MEMBER	1.00	Director	$0	$0	$0
EDUARDO ADIAMANIAN	MEMBER	1.00	Director	$0	$0	$0
BONGJA BENA WON	CEO	40.00	Officer	$22,500	$0	$22,500
GINA W LEE	PROVIDER	40.00	Highest	$123,328	$0	$123,328

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	$783,606	$915,122	$162,374	$-131,516
2022	$288,025	$750,510	$131,942	$-462,485

KWANG HE WON HEALTH CENTER