INTERNATIONAL REFORMED UNIV& SEMI (EIN 953614603) - Form 990 Financial Analysis & Trantor Score

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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

Principal Officer

HUN SUNG PARK

Phone

2133839665

Tax Period

2024-07-01 to 2025-06-30

INTERNATIONAL REFORMED UNIV& SEMI, founded in 1977, is a small nonprofit in the Education sector that reported $751K in total revenue in fiscal year 2024. Revenue fell 55% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $192K, a strong 26% operating margin.

Mission

INTERNATIONAL REFORMED UNIVERSITY AND SEMINARY IS AN INSTITUTION OF BIBLICAL HIGHER EDUCATION, WHOSE MISSION IS TO PREPARE MEMBERS OF THE FAITH COMMUNITY IN NORTHERN AMERICAN REGION INCLUDING LOS ANGELES AND FURTHER THROUGHOUT THE WORLD, FOR SERVICE AS FUTURE AND LAY LEADERS NOT ONLY IN KOREAN IMMIGRANT CHURCHES IN THE WORLD BUT ALSO IN ALL THE CHURCHES OF GOD. THIS PREPARATION IS TO TRAIN MEN AND WOMEN WHO ARE APPROVED WORKMEN WHO DO NOT NEED TO BE ASHAMED, AND WHO CORRECTLY HANDLE THE WORD OF THE TRUTH SO THAT THEY MAY EXERT THEMSELVES IN DEVELOPING THEMSELVES TO GOD.

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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 $251,586

Program Service Revenue $293,405

Investment Income $0

Other Revenue $206,286

TOTAL REVENUE $751,277

Expense Breakdown

Grants Paid $0

Salaries & Benefits $156,616

Fundraising Expenses $0

Program Expenses $269,217

Other Expenses $402,736

TOTAL EXPENSES $559,352

Year-over-Year Comparison

	2024	2023	Change
Revenue	$751,277	$1,681,043	-0.6%
Expenses	$559,352	$542,813	+0.0%
Net Income	$191,925	$1,138,230	-0.8%

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

Governance

Voting Members

Independent Members

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	Hours/Week	Role	Reportable Comp	Other Comp	Total
HUN SUNG PARK	PRESIDENT	10.00	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
2025	$751,277	$559,352	$2,469,055	$191,925
2024	$1,681,043	$542,813	$3,097,113	$1,138,230
2020	$368,752	$335,242	$3,365,777	$33,510
2019	$386,256	$397,932	$3,394,759	$-11,676
2018	$580,860	$495,283	$3,482,990	$85,577

INTERNATIONAL REFORMED UNIV& SEMI