KOREA US QUANTUM TECHNOLOGY COOPERATION CENTER (EIN 883633291) - Form 990 Financial Analysis & Trantor Score

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Tuckman-Chang Vulnerability Assessment

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Principal Officer

YOONCHAE CHEONG

Phone

5713174125

Tax Period

2024-01-01 to 2024-12-31

KOREA US QUANTUM TECHNOLOGY COOPERATION CENTER is a small nonprofit in the Science & Technology sector that reported $176K in total revenue in fiscal year 2022. Expenses of $156K left a modest 11% surplus.

Mission

ENHANCEMENT OF PUBLIC AND PRIVATE COOPERATION BETWEEN KOREA AND UNITED STATES TO PROTECT AND PROMOTE CRITICAL AND EMERGING QUANTUM TECHNOLOGY

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Trantor Score

Financial Health & Payment Capacity Assessment (FICO Scale: 300–850)

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

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $729,373

Program Service Revenue $0

Investment Income $0

Other Revenue $561

TOTAL REVENUE $729,934

Expense Breakdown

Grants Paid $0

Salaries & Benefits $368,121

Fundraising Expenses $0

Program Expenses $727,128

Other Expenses $359,007

TOTAL EXPENSES $727,128

Year-over-Year Comparison

	2024	2023	Change
Revenue	$729,934	$617,900	+0.2%
Expenses	$727,128	$617,714	+0.2%
Net Income	$2,806	$186	+14.1%

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

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

$236,500

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
YOONCHAE CHEONG	PRESIDENT	40.00	Officer	$236,500	$0	$236,500
SEOK HO KIM	DIRECTOR	2.00	Director	$0	$0	$0
KYOUNG LIM LEE	DIRECTOR	2.00	Director	$0	$0	$0
JI BEOM YOO	DIRECTOR	2.00	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	$729,934	$727,128	$148,698	$2,806
2023	$617,900	$617,714	$376,552	$186
2022	$175,932	$156,401	$379,552	$19,531

KOREA US QUANTUM TECHNOLOGY COOPERATION CENTER