KEUM-RAN SENIOR CITIZENS ASSOCIATI… - Form 990 Financial Data

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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

1997

Legal Domicile

Tax Period

2020-01-01 to 2020-12-31

KEUM-RAN SENIOR CITIZENS ASSOCIATION INC, founded in 1997, is a micro nonprofit that reported $41K in total revenue in fiscal year 2020. Revenue fell 91% from the prior year — a significant decline worth monitoring. Expenses of $133K exceeded revenue, resulting in a 226% operating deficit.

Mission

TO PROVIDE THE DEATH BENEFIT TO MEMBERS SURVIVING FAMILY FOR FUNERAL EXPENSES & TO PROVIDE THE LEGAL & SOCIAL CONSULTING SERVICES TO MEMBERS

Program Service Accomplishments

Program 1

Expenses: $112,507 Revenue: $37,925

(A). WHEN A MEMBER PASSES AWAY,THE REMAINNING MEMBERS CONTRIBUTE TO THE BENEFIT BASKET. THEN THE BENEFIT SUM IS PAID TO THE SURVIVING FAMILY FOR FUNERAL SERVICE. (B). THE ASSOCIATION PROOVIDE THE...

(A). WHEN A MEMBER PASSES AWAY,THE REMAINNING MEMBERS CONTRIBUTE TO THE BENEFIT BASKET. THEN THE BENEFIT SUM IS PAID TO THE SURVIVING FAMILY FOR FUNERAL SERVICE. (B). THE ASSOCIATION PROOVIDE THE NECESSARY LEGAL,SOCIAL CONSULTING SERVICES TO MEMBERS.

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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 (2020)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $37,925

Investment Income $0

Other Revenue $2,733

TOTAL REVENUE $40,658

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $112,507

Other Expenses $20,217

TOTAL EXPENSES $132,724

Year-over-Year Comparison

	2020	2019	Change
Revenue	$40,658	$457,384	-0.9%
Expenses	$132,724	$417,618	-0.7%
Net Income	$-92,066	$39,766	-3.3%

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

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

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
YEONG J JUNG	PRESIDENT	20.00	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
2020	$40,658	$132,724	$361,347	$-92,066

KEUM-RAN SENIOR CITIZENS ASSOCIATION INC