SKS PARK FAMILY FOUNDATION

EIN: 931830400 501(c)(3) Public & Societal Benefit

ONTARIO, CA

Total Revenue
$2,000
Total Expenses
$1,564
Total Assets
$436
Net Assets
$436
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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
2022
Legal Domicile
CA
Principal Officer
SANG KYU PARK
Phone
3104081341
Tax Period
2023-01-01 to 2023-12-31

SKS PARK FAMILY FOUNDATION, founded in 2022, is a micro nonprofit in the Public & Societal Benefit sector that reported $2K in total revenue in fiscal year 2023. The organization ran a surplus of $436, a strong 22% operating margin.

Mission

SKS PARK FAMILY FOUNDATION IS DESIGNED TO SUPPORT THE IMPOVERISHED, THE UNDERPRIVILEGED, AND THE UNORGANIZED CHIRSTIAN COMMUNITY. ADDITIONALLY, MY ORGANIZATION PROVIDE PLANNED PROGRAMS AND ACTIVITIES TO COMMUNITIES.

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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 (2023)

Revenue Breakdown

Contributions & Grants $2,000
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $2,000

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Other Expenses $1,564
TOTAL EXPENSES $1,564

Year-over-Year Comparison

2023 2022 Change
Revenue $2,000 N/A N/A
Expenses $1,564 N/A N/A
Net Income $436 N/A N/A
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
2
Independent Members
N/A
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
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
KYUNG SIN PARK SECRETARY TR 1.00
Officer
$0 $0 $0
SANG KYU PARK PRESIDENT 1.00
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
2024 No data No data No data No data
2023 $2,000 $1,564 $436 $436
2022 No data No data No data No data
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