KOREAN AMERICAN GROCERY ASSOCIATION

EIN: 930977273

Portland, OR

Total Revenue
$195,886
Total Expenses
$211,872
Total Assets
$315,408
Net Assets
$315,408
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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
2002
Legal Domicile
OR
Phone
5034421916
Tax Period
2024-01-01 to 2024-12-31

KOREAN AMERICAN GROCERY ASSOCIATION, founded in 2002, is a small nonprofit that reported $196K in total revenue in fiscal year 2024. Revenue surged 20% from the prior year, signaling strong growth momentum.

Mission

TO PROVIDE HELP, PROMOTE, PROTECT KOREAN-AMERICAN GROCERS IN THE STATE OF OREGON THROUGH EDUCATION AND PROVIDING RELEVANT INFORMATION.

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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 $2,450
Program Service Revenue $193,400
Investment Income $0
Other Revenue $36
TOTAL REVENUE $195,886

Expense Breakdown

Grants Paid $34,600
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $211,872
Other Expenses $104,552
TOTAL EXPENSES $211,872

Year-over-Year Comparison

2024 2023 Change
Revenue $195,886 $162,609 +0.2%
Expenses $211,872 $160,549 +0.3%
Net Income $-15,986 $2,060 -8.8%
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
14
Independent Members
14
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
2
$0
Total Directors
14
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
YOUNGMAN YU BOARD MEMBER 5.00
Director
$0 $0 $0
SANG JUN RYU TREASURER 5.00
Director
$0 $0 $0
SUKKI UM BOARD MEMBER 5.00
Director
$0 $0 $0
SEOHYUNG YOO BOARD MEMBER 5.00
Director
$0 $0 $0
TAE SUN LEE BOARD MEMBER 5.00
Director
$0 $0 $0
JAE GEUN KIM BOARD MEMBER 5.00
Director
$0 $0 $0
Jonny Lee VICE CHAIRMAN 5.00
Director
$0 $0 $0
James Kim BOARD MEMBER 5.00
Director
$0 $0 $0
SeokGeun Kim BOARD MEMBER 5.00
Director
$0 $0 $0
In Hee Oh VICE PRESIDENT 5.00
Director
$0 $0 $0
SungRae Cho BOARD MEMBER 5.00
Director
$0 $0 $0
Moon Hong KIM BOARD MEMBER 5.00
Director
$0 $0 $0
JUNG HYUN KIM PRESIDENT 5.00
Officer Director
$0 $0 $0
JUNGSOO LEE CHAIRMAN 5.00
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
2025 No data No data No data No data
2024 $195,886 $211,872 $315,408 $-15,986
2023 $162,609 $160,549 $331,394 $2,060
2022 $224,896 $186,070 $329,334 $38,826
2021 $196,301 $143,522 $290,508 $52,779
2020 $169,061 $133,907 $239,116 $35,154
2019 $243,379 $185,065 $202,575 $58,314
2018 $245,551 $189,302 $153,085 $56,249
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