KAESONG FOUNDATION (EIN 850795572) - 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

2020

Legal Domicile

Principal Officer

MARK LEE

Phone

9199283894

Tax Period

2023-01-01 to 2023-12-31

KAESONG FOUNDATION, founded in 2020, is a micro nonprofit in the Religion sector that reported $71K in total revenue in fiscal year 2023. Revenue fell 38% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $15K, a strong 22% operating margin.

Mission

SPREAD GOD'S LOVE, PROMISES AND GRACE BY DELIVERING HUMANITARIAN AID AND RELIEF TO THE POOR.

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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 $47,500

Program Service Revenue $0

Investment Income $23,789

Other Revenue $0

TOTAL REVENUE $71,289

Expense Breakdown

Grants Paid $30,000

Salaries & Benefits $0

Fundraising Expenses $994

Program Expenses $34,143

Other Expenses $25,815

TOTAL EXPENSES $55,815

Year-over-Year Comparison

	2023	2022	Change
Revenue	$71,289	$115,726	-0.4%
Expenses	$55,815	$57,426	0.0%
Net Income	$15,474	$58,300	-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

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
MARK LEE	PRESIDENT	3.00	Officer Director	$0	$0	$0
SUNGSOOK LEE	VICE PRESIDENT	3.00	Officer Director	$0	$0	$0
DIANA LEE	TREASURER	1.00	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
2024	No data	No data	No data	No data
2023	$71,289	$55,815	$479,820	$15,474
2022	$115,726	$57,426	$452,206	$58,300
2021	$115,555	$39,130	$422,478	$76,425
2020	$368,060	$27,074	$340,986	$340,986

KAESONG FOUNDATION