CHUN HO CHUNG FOUNDATION INC (EIN 884405879) - 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

2022

Legal Domicile

Principal Officer

CHUN HO CHUNG

Tax Period

2024-01-01 to 2024-12-31

CHUN HO CHUNG FOUNDATION INC, founded in 2022, is a small nonprofit in the Philanthropy & Grantmaking sector that reported $111K in total revenue in fiscal year 2024. Revenue fell 44% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $109K, a strong 98% operating margin.

Mission

THE MISSION OF CHUN HO CHUNG FOUNDATION INC. IS TO ENGAGE AND SUPPORT THE KOREAN AMERICAN COMMUNITY IN THE NEW YORK METROPOLITAN AREA, WHILE PROMOTING PEACE AND HARMONY AMONG ALL ETHNIC GROUPS. WE ALSO CONDUCT RESEARCH AND PROMOTE A GREATER UNDERSTANDING OF KOREAN-AMERICAN HISTORY IN THE GREATER NEW YORK METROPOLITAN AREA.

🔒

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 (2024)

Revenue Breakdown

Contributions & Grants $100,000

Program Service Revenue $0

Investment Income $11,197

Other Revenue $0

TOTAL REVENUE $111,197

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $2,000

Other Expenses $2,000

TOTAL EXPENSES $2,000

Year-over-Year Comparison

	2024	2023	Change
Revenue	$111,197	$200,000	-0.4%
Expenses	$2,000	N/A	N/A
Net Income	$109,197	$200,000	-0.5%

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

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
CHUN HO CHUNG	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	No data	No data	No data	No data
2024	$111,197	$2,000	$411,197	$109,197
2023	$200,000	No data	$302,000	No data
2022	$102,000	No data	$102,000	No data

CHUN HO CHUNG FOUNDATION INC