KORYO HEALTH FOUNDATION

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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

1974

Legal Domicile

Principal Officer

MOON JU KIM

Phone

2133808833

Tax Period

2024-07-01 to 2025-06-30

KORYO HEALTH FOUNDATION, founded in 1974, is a small nonprofit that reported $142K in total revenue in fiscal year 2024. Revenue fell 24% from the prior year — a significant decline worth monitoring. Expenses of $174K exceeded revenue, resulting in a 22% operating deficit.

Mission

THE FOUNDATION PROVIDES LOW INCOME FAMILIES COMPREHENSIVE PRIMARY HEALTH CARE SERVICES INCLUDING BASIC FAMILY PLANNING, STERILIZATION AND PREVENTION EDUCATION. THE FOUNDATION ALSO PROVIDES OTHER HEALTH EDUCATION AND COUNSELING SERVICES.

Program Service Accomplishments

Program 1

Expenses: $154,000 Revenue: $104,200

PRIMARY CARE SERVICE: 525 BASIC HEALTH CARE SERVICES WERE PROVIDED TO LOW INCOME ASIAN PACIFIC AND HISPANIC POPULATION IN LOS ANGELES AREA.

Program 2

FAMILY PLANNING:COUNSELING AND CONTRACEPTIVE SUPPLIES. IT ALSO INCLUDES OUTREACH PROGRAM PERFORMED OUTSIDE OF THE CLINIC. ONLY FEW SERVICES WERE PERFORMED DURING THE YEAR.

Program 3

Expenses: $7,806

HEALTH EDUCATION: THE FOUNDATION PROVIDES EDUCATION FOR IMMUNIZATION, BREAST CANCER DIAGNOSTICS AND OTHER ROUTINE CLINIC SERVICES. 155 HEALTH EDUCATION SERVICE CASES DURING THE YEAR.

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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%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $37,999

Program Service Revenue $104,200

Investment Income $0

Other Revenue $0

TOTAL REVENUE $142,199

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $161,806

Other Expenses $174,192

TOTAL EXPENSES $174,192

Year-over-Year Comparison

	2024	2023	Change
Revenue	$142,199	$186,623	-0.2%
Expenses	$174,192	$187,535	-0.1%
Net Income	$-31,993	$-912	+34.1%

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

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
MOON JU KIM	PRESIDENT	N/A	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	$142,199	$174,192	$32,381	$-31,993
2024	$186,623	$187,535	$47,374	$-912
2023	$122,277	$125,646	$48,286	$-3,369
2022	$1,168,393	$1,097,714	$62,245	$70,679
2021	$858,474	$1,069,680	$119,641	$-211,206
2020	$996,102	$1,181,371	$330,737	$-185,269
2019	$1,028,908	$1,216,083	$384,300	$-187,175
2018	$1,466,221	$1,053,140	$567,037	$413,081