KOREAN AMERICAN UNITED FOUNDATION (EIN 953663674) - 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

1973

Legal Domicile

Principal Officer

C JAY WON

Tax Period

2019-01-01 to 2019-12-31

KOREAN AMERICAN UNITED FOUNDATION, founded in 1973, is a small nonprofit that reported $246K in total revenue in fiscal year 2019. Revenue grew 8% year-over-year, indicating healthy expansion. Net assets of $1.4M represent 68 months of operating reserves.

Mission

TO EDUCATE PEOPLE AND HELP THEM OBTAIN FINANCIAL ASSISTANCE AND SECURITY, PROVIDE SCHOLARSHIPS, ASSIST IN EMPLOYMENT PLACEMENTS FOR STUDENTS AND ADULTS, PROVIDE FINANCIAL AND MORAL GUIDANCE TO THE ELDERLY.

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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 (2019)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $0

Investment Income $0

Other Revenue $245,684

TOTAL REVENUE $245,684

Expense Breakdown

Grants Paid $0

Salaries & Benefits $16,823

Fundraising Expenses $0

Other Expenses $224,653

TOTAL EXPENSES $241,476

Year-over-Year Comparison

	2019	2018	Change
Revenue	$245,684	$226,789	+0.1%
Expenses	$241,476	$163,337	+0.5%
Net Income	$4,208	$63,452	-0.9%

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

$15,185

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JOON HUR	SECRETARY & DIRECTOR	1.00	Officer Director	$0	$0	$0
KATHERINE YEOM	CHIEF FINANCIAL OFFICER & DIR	1.00	Officer Director	$0	$0	$0
EUNICE SONG	DIRECTOR	1.00	Director	$0	$0	$0
MICHAEL KIM	DIRECTOR	1.00	Director	$0	$0	$0
MYUNG KI HONG	DIRECTOR	1.00	Director	$0	$0	$0
INSANG HWANG	DIRECTOR	1.00	Director	$0	$0	$0
C JAY WON	PRESIDENT	30.00	Officer	$15,185	$0	$15,185

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
2019	$245,684	$241,476	$1,655,300	$4,208
2018	$226,789	$163,337	$1,638,890	$63,452

KOREAN AMERICAN UNITED FOUNDATION