KOREAN MARTIAL ARTS CULTURE & EDUCATION FOUNDATION INC (EIN 831717127) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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

Financial Trends

Organization Details

Formation Year

2018

Legal Domicile

Principal Officer

EUNJOO LEE

Phone

8506212035

Tax Period

2022-01-01 to 2022-12-31

KOREAN MARTIAL ARTS CULTURE & EDUCATION FOUNDATION INC, founded in 2018, is a small nonprofit in the Arts, Culture & Humanities sector that reported $145K in total revenue in fiscal year 2022. Revenue fell 97% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $84K, a strong 58% operating margin.

Mission

THE ORGANIZATION IS A YOUTH SCHOLARSHIP ORGANIZATION FOR THE INSTRUCTION OF KOREAN MARTIAL ARTS AND THE EDUCATION IN KOREAN CULTURE AND LANGUAGE.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

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

Financial Overview (2022)

Revenue Breakdown

Contributions & Grants $126,374

Program Service Revenue $0

Investment Income $7

Other Revenue $18,417

TOTAL REVENUE $144,798

Expense Breakdown

Grants Paid $0

Salaries & Benefits $4,244

Fundraising Expenses $0

Program Expenses $41,303

Other Expenses $56,793

TOTAL EXPENSES $61,037

Year-over-Year Comparison

	2022	2021	Change
Revenue	$144,798	$4,469,417	-1.0%
Expenses	$61,037	$4,518,982	-1.0%
Net Income	$83,761	$-49,565	-2.7%

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

Governance

Voting Members

Independent Members

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

$3,846

Total Directors

$3,846

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
EUNJOO LEE	PRESIDENT	040.00	Officer Director Highest	$3,846	$0	$3,846
ELINA LEE FRIEDSBERG	DIRECTOR	N/A	Director	$0	$0	$0
JAE CHUN	DIRECTOR	N/A	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
2022	$144,798	$61,037	$474,041	$83,761
2021	$4,469,417	$4,518,982	$530,186	$-49,565
2020	$1,318,592	$1,014,658	$653,306	$303,934

KOREAN MARTIAL ARTS CULTURE & EDUCATION FOUNDATION INC