NJSANGJO MUTUAL AID INC (EIN 831599593) - 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

Principal Officer

KEUN H SUH

Phone

2019452411

Tax Period

2019-01-01 to 2019-12-31

NJSANGJO MUTUAL AID INC, founded in 2018, is a small nonprofit that reported $358K in total revenue in fiscal year 2019. Revenue surged 69% from the prior year, signaling strong growth momentum. Expenses of $326K left a modest 9% surplus.

Mission

OUR MISSION IS TO HELP INDIVIDUALS WHO HAVE SUFFERED FINANCIAL DIFFICULTIES. SPECIFICALLY, IN FULFILLMENT OF OUR CHARITABLE PURPOSES, WE PROVIDE FINANCIAL SUPPORT TO THE FAMILY MEMBERS OF AN INDIVIDUAL WHO HAS PASSED AWAY; PROVIDE FUNDING FOR FUNERAL SERVICE FOR INDIVIDUALS WHO WERE IMPOVERISHED AND LIVING WITHOUT FAMILY AT THE TIME OF THEIR DEATH; PROMOTE CHARITABLE ACTIVITIES BETWEEN OUR MEMBERSHIP AND THE COMMUNITY.

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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 (2019)

Revenue Breakdown

Contributions & Grants $357,517

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $357,517

Expense Breakdown

Grants Paid $293,400

Salaries & Benefits $14,244

Fundraising Expenses $0

Program Expenses $298,890

Other Expenses $18,404

TOTAL EXPENSES $326,048

Year-over-Year Comparison

	2019	2018	Change
Revenue	$357,517	$210,954	+0.7%
Expenses	$326,048	$160,072	+1.0%
Net Income	$31,469	$50,882	-0.4%

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

Employees

N/A

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
YONG M CHO	DIRECTOR	N/A	Officer Director	$0	$0	$0
YOUNG J JO	DIRECTOR	N/A	Officer Director	$0	$0	$0
KEUN H SUH	DIRECTOR	N/A	Officer 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	$357,517	$326,048	No data	$31,469
2018	$210,954	$160,072	$179,692	$50,882

NJSANGJO MUTUAL AID INC