FOUNDATION FOR KOREAN LANGUAGE & CULTURE IN THE USA (EIN 954497495) - 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

1994

Legal Domicile

Principal Officer

EUNICE LEE

Phone

2133805712

Tax Period

2025-01-01 to 2025-12-31

FOUNDATION FOR KOREAN LANGUAGE & CULTURE IN THE USA, founded in 1994, is a small nonprofit in the Arts, Culture & Humanities sector that reported $393K in total revenue in fiscal year 2025. Revenue fell 20% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $138K, a strong 35% operating margin.

Mission

CHARITY TO EDUCATION

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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 (2025)

Revenue Breakdown

Contributions & Grants $379,247

Program Service Revenue $0

Investment Income $14,042

Other Revenue $0

TOTAL REVENUE $393,289

Expense Breakdown

Grants Paid $119,882

Salaries & Benefits $58,306

Fundraising Expenses $0

Program Expenses $119,882

Other Expenses $77,193

TOTAL EXPENSES $255,381

Year-over-Year Comparison

	2025	2024	Change
Revenue	$393,289	$494,664	-0.2%
Expenses	$255,381	$275,363	-0.1%
Net Income	$137,908	$219,301	-0.4%

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

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

$54,000

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
EUNICE LEE	C.E.O.	10.00	Officer Director	$0	$0	$0
MI JIN LEE	SECRETARY	40.00	Officer	$54,000	$0	$54,000
CHRIS K KIM	C.F.O.	2.00	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	$393,289	$255,381	$1,904,295	$137,908
2024	$494,664	$275,363	$1,758,604	$219,301
2023	$753,467	$314,563	$1,542,915	$438,904
2022	$1,342,071	$744,704	$1,217,392	$597,367
2021	$555,352	$633,015	$728,079	$-77,663
2020	$232,244	$308,893	$836,294	$-76,649
2019	$431,179	$493,531	$788,569	$-62,352
2018	$650,620	$600,429	$858,405	$50,191

FOUNDATION FOR KOREAN LANGUAGE & CULTURE IN THE USA