KOREAN AMERICAN DENTAL ASSOCIATION OF SO CALIFORNIA

EIN: 953382979 Mutual Benefit

SAN MARINO, CA

Total Revenue
$311,714
Total Expenses
$270,821
Total Assets
$383,498
Net Assets
$383,498
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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
1977
Legal Domicile
CA
Principal Officer
JONATHAN SONG
Phone
7145239922
Tax Period
2024-01-01 to 2024-12-31

KOREAN AMERICAN DENTAL ASSOCIATION OF SO CALIFORNIA, founded in 1977, is a small nonprofit in the Mutual Benefit sector that reported $312K in total revenue in fiscal year 2024. Expenses of $271K left a modest 13% surplus.

Mission

PROVIDE CONTINUING EDUCATIONAND ACADEMIC CREDIT UNITS TO ITS MEMBERS AND OPPRTUNITYIES TO GET TOGERTHER TO IMPROVE RELATIONSHIPS BETWEEN MEMBERS AND CLIENTS.

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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 $311,714
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $311,714

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $262,554
Other Expenses $270,821
TOTAL EXPENSES $270,821

Year-over-Year Comparison

2024 2023 Change
Revenue $311,714 $302,333 +0.0%
Expenses $270,821 $338,611 -0.2%
Net Income $40,893 $-36,278 -2.1%
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

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Governance

Voting Members
5
Independent Members
5
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
2
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JONATHAN SONG CEO N/A
Officer Director
$0 $0 $0
JACOB CHOI CFO 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 No data No data No data No data
2024 $311,714 $270,821 $383,498 $40,893
2023 $302,333 $338,611 $342,605 $-36,278
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