JK Corporation (EIN 850323947) - 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

1987

Legal Domicile

Tax Period

2023-01-01 to 2023-12-31

JK Corporation, founded in 1987, is a community nonprofit that reported $2.2M in total revenue in fiscal year 2023. Revenue surged 56% from the prior year, signaling strong growth momentum. Expenses of $2.0M left a modest 9% surplus.

Mission

Providing day care services for moderate and low income familites and for title 20 children in protective custody.

🔒

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 (2023)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $2,188,166

Investment Income $8,906

Other Revenue $2,448

TOTAL REVENUE $2,199,520

Expense Breakdown

Grants Paid $0

Salaries & Benefits $1,434,061

Fundraising Expenses $0

Program Expenses $1,816,703

Other Expenses $282,027

TOTAL EXPENSES $1,992,812

Year-over-Year Comparison

	2023	2022	Change
Revenue	$2,199,520	$1,410,688	+0.6%
Expenses	$1,992,812	$1,411,616	+0.4%
Net Income	$206,708	$-928	-223.7%

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

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
Frank Wanker	Director	1.00	Director	$0	$0	$0
Renee Burns	Director	1.00	Director	$0	$0	$0
Marc Cito	Treasurer	1.00	Officer	$0	$0	$0
Kelly Bassett	President	1.00	Officer	$0	$0	$0
Jodi King	Executive Director	0.00	Key Emp	$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	No data	No data	No data	No data
2023	$2,199,520	$1,992,812	$878,315	$206,708
2022	$1,528,914	$1,383,680	$771,030	$145,234
2021	$1,441,629	$1,109,809	$629,143	$331,820
2020	$1,041,808	$868,484	$281,086	$173,324

JK Corporation