KOREAN AMERICAN NURSES FOUNDATION

EIN: 872203924 501(c)(3) Health Care

Gilbert, AZ

Total Revenue
$118,241
Total Expenses
$77,769
Total Assets
$30,717
Net Assets
$30,717
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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
2021
Legal Domicile
AZ
Phone
6028855893
Tax Period
2024-01-01 to 2024-12-31

KOREAN AMERICAN NURSES FOUNDATION, founded in 2021, is a small nonprofit in the Health Care sector that reported $118K in total revenue in fiscal year 2024. Revenue surged 40% from the prior year, signaling strong growth momentum. The organization ran a surplus of $40K, a strong 34% operating margin.

Mission

TO HELP THE PUBLIC FOR THE GENERAL HEALTH ISSUE AS THE CHARITABILITY.

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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 (2024)

Revenue Breakdown

Contributions & Grants $118,241
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $118,241

Expense Breakdown

Grants Paid $0
Salaries & Benefits $49,587
Fundraising Expenses $0
Other Expenses $28,182
TOTAL EXPENSES $77,769

Year-over-Year Comparison

2024 2023 Change
Revenue $118,241 $84,741 +0.4%
Expenses $77,769 $100,043 -0.2%
Net Income $40,472 $-15,302 -3.6%
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
N/A
Independent Members
N/A
Employees
3
Volunteers
4

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
0
$0
Total Directors
0
$0
Key Employees
1
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
SUN H JONES PRESIDENT 40.00
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 $118,241 $77,769 $30,717 $40,472
2023 $84,741 $100,043 $35,077 $-15,302
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