REMNANT UNIVERSITY

🔒

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

2023

Legal Domicile

Phone

5629456470

Tax Period

2024-01-01 to 2024-12-31

REMNANT UNIVERSITY, founded in 2023, is a small nonprofit in the Religion sector that reported $605K in total revenue in fiscal year 2024. Expenses of $765K exceeded revenue, resulting in a 26% operating deficit.

Mission

Providing students with evangelical education in order to bring them up as godly servants and to glorify God

Program Service Accomplishments

Program 1

Expenses: $400,558 Revenue: $116,399

Raised up students to carry out Christian leadership and guided them to grow in faith and to serve to God.

🔒

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 $297,003

Program Service Revenue $116,399

Investment Income $179,494

Other Revenue $11,995

TOTAL REVENUE $604,891

Expense Breakdown

Grants Paid $0

Salaries & Benefits $243,607

Fundraising Expenses $0

Program Expenses $400,558

Other Expenses $521,099

TOTAL EXPENSES $764,706

Year-over-Year Comparison

	2024	2023	Change
Revenue	$604,891	N/A	N/A
Expenses	$764,706	N/A	N/A
Net Income	$-159,815	N/A	N/A

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

N/A

Independent Members

N/A

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Role	Reportable Comp	Other Comp	Total
KWANG SU RYU	CHAIRMAN	Director	$0	$0	$0
WAN SIK KIM	DIRECTOR	Director	$0	$0	$0
JEA DONG KIM	DIRECTOR	Director	$0	$0	$0
HYUN TAE JANG	DIRECTOR	Director	$0	$0	$0
DONG KWUN KIM	DIRECTOR	Director	$0	$0	$0
EUN CHU CHUNG	DIRECTOR	Director	$0	$0	$0
CHURL YEON KIM	PRESIDENT	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	$604,891	$764,706	$7,205,450	$-159,815
2023	$7,598,531	$272,714	$7,330,181	$7,325,817