THE NANOOM HOUSE INC

EIN: 852310457 501(c)(3) Housing & Shelter

FLUSHING, NY

Total Revenue
$236,288
Total Expenses
$171,591
Total Assets
$881,643
Net Assets
$722,643
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2020
Legal Domicile
NY
Principal Officer
SUNG WON PARK
Tax Period
2025-01-01 to 2025-12-31

THE NANOOM HOUSE INC, founded in 2020, is a small nonprofit in the Housing & Shelter sector that reported $236K in total revenue in fiscal year 2025. Revenue decreased 5% compared to the prior year. The organization ran a surplus of $65K, a strong 27% operating margin.

Mission

THE ORGANIZATION EXISTS TO HELP AID IN THE INDEPENDENCE AND REHABILITATION OF KOREAN-AMERICAN HOMELESS IN THE EAST COAST OF THE UNITED STATES ESPECIALLY IN THE NEW YORK AND NEW JERSEY AREA.

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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%)

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Financial Overview (2025)

Revenue Breakdown

Contributions & Grants $236,288
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $236,288

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $29,091
Other Expenses $171,591
TOTAL EXPENSES $171,591

Year-over-Year Comparison

2025 2024 Change
Revenue $236,288 $249,304 -0.1%
Expenses $171,591 $266,854 -0.4%
Net Income $64,697 $-17,550 -4.7%
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

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Governance

Voting Members
5
Independent Members
5
Employees
N/A
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
1
$0
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
SUNG WON PARK PRESIDENT N/A
Officer
$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
2025 $236,288 $171,591 $881,643 $64,697
2024 No data No data No data No data
2023 $215,729 $192,148 $815,496 $23,581
2022 $236,337 $118,254 $651,915 $118,083
2021 $589,386 $110,588 $533,832 $478,798
2020 $64,854 $9,820 $55,034 $55,034
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