KOREAN AMERICAN COALITION

EIN: 953823437 501(c)(3) Civil Rights & Advocacy

LOS ANGELES, CA

Total Revenue
$774,638
Total Expenses
$747,469
Total Assets
$827,421
Net Assets
$506,876
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1983
Legal Domicile
CA
Principal Officer
EUNICE SONG
Phone
2133655999
Tax Period
2023-01-01 to 2023-12-31

KOREAN AMERICAN COALITION, founded in 1983, is a small nonprofit in the Civil Rights & Advocacy sector that reported $775K in total revenue in fiscal year 2023. Revenue surged 37% from the prior year, signaling strong growth momentum. Expenses of $747K left a modest 4% surplus.

Mission

To facilitate the Korean American communitys participation in civic, legislative and community affairs, encouraging the community to contribute to and become an integral par of the broader soceity.

Program Service Accomplishments

Program 1
Expenses: $106,847 Revenue: $0

EMPOWERMENT

Program 2
Expenses: $308,221 Revenue: $0

SPECIAL PROJECTS - COMMUNITY OUTREACH, STOP THE HATE PROGRAM, ADR PROGRAM

Program 3
Expenses: $63,307 Revenue: $0

CIVIC ENGAGEMENT, CENSUS, VOTER REGISTRATION

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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 (2023)

Revenue Breakdown

Contributions & Grants $733,671
Program Service Revenue $24,720
Investment Income $6,431
Other Revenue $9,816
TOTAL REVENUE $774,638

Expense Breakdown

Grants Paid $0
Salaries & Benefits $435,995
Fundraising Expenses $209,262
Program Expenses $478,375
Other Expenses $311,474
TOTAL EXPENSES $747,469

Year-over-Year Comparison

2023 2022 Change
Revenue $774,638 $565,980 +0.4%
Expenses $747,469 $527,826 +0.4%
Net Income $27,169 $38,154 -0.3%
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

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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
13
Independent Members
13
Employees
8
Volunteers
50

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
1
$153,243
Total Directors
14
$153,243
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
EUNICE SONG EXECUTIVE/ADR DIRECTOR 1.00
Officer Director
$153,243 $0 $153,243
ROBERT J KANG BOARD VICE CHAIR 1.00
Director
$0 $0 $0
ALBERT J JANG TREASURER 1.00
Director
$0 $0 $0
SUSIE OH BOARD CHAIR 1.00
Director
$0 $0 $0
GARRETT LEE SECRETARY 1.00
Director
$0 $0 $0
ROBERT L AHN BOARD MEMBER 1.00
Director
$0 $0 $0
ZENO HO BOARD MEMBER 1.00
Director
$0 $0 $0
VIVIAN HUANG BOARD MEMBER 1.00
Director
$0 $0 $0
JOYCE KWON BOARD MEMBER 1.00
Director
$0 $0 $0
THEO KWON BOARD MEMBER 1.00
Director
$0 $0 $0
JOONE KIM-LOPEZ BOARD MEMBER 1.00
Director
$0 $0 $0
AARON PYON BOARD MEMBER 1.00
Director
$0 $0 $0
JAMES SANTA MARIA BOARD MEMBER 1.00
Director
$0 $0 $0
TIM YU BOARD MEMBER 1.00
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
2024 No data No data No data No data
2023 $774,638 $747,469 $827,421 $27,169
2022 $565,980 $527,826 $689,978 $38,154
2021 $480,469 $356,536 $612,508 $123,933
2020 $466,836 $322,116 $491,129 $144,720
2019 $332,847 $268,386 $197,700 $64,461
2018 $250,730 $250,432 $140,409 $298
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