KOREAN INVESTORS & TRADERS ASSOCIA… - 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

1996

Legal Domicile

Phone

3239399500

Tax Period

2024-01-01 to 2024-12-31

KOREAN INVESTORS & TRADERS ASSOCIATION OF SOUTHERN, founded in 1996, is a small nonprofit that reported $401K in total revenue in fiscal year 2024. Revenue surged 23% from the prior year, signaling strong growth momentum. Expenses of $361K left a modest 10% surplus.

Mission

TO ENGAGE IN ANY LAWFUL ACT OR EXCHANGE INFORMATION ON BUSINESS ACTIVITIES

Program Service Accomplishments

Program 1

Expenses: $240,861 Revenue: $400,929

THIS CORPORATION IS TO CONTRIBUTE INVEST AND TRADE PROMOTION AND MUTUAL BENEFIT BETWEEN KOREA AND AMERICA BY CULTIVATING FRIENDSHIP AND ENCOURAGING MEMBERS CLOSE COOPERATION WITH AMERICAN SOCIETY.

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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 $400,930

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $400,930

Expense Breakdown

Grants Paid $0

Salaries & Benefits $72,927

Fundraising Expenses $0

Program Expenses $240,861

Other Expenses $288,472

TOTAL EXPENSES $361,399

Year-over-Year Comparison

	2024	2023	Change
Revenue	$400,930	$325,615	+0.2%
Expenses	$361,399	$374,515	0.0%
Net Income	$39,531	$-48,900	-1.8%

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

N/A

Independent Members

N/A

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	Role	Reportable Comp	Other Comp	Total
JEONG AH CHUNG	SECRETARY	Officer	$0	$0	$0
SOO WAN LEE	CFO	Officer	$0	$0	$0
HYUNSOO SHIN	CEO	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
2024	$400,930	$361,399	$49,321	$39,531
2023	$325,615	$374,515	$47,563	$-48,900
2022	$368,450	$368,395	$25,514	$55
2021	$273,875	$289,881	$23,656	$-16,006
2020	$191,470	$196,057	$41,750	$-4,587
2019	$248,320	$277,680	$43,965	$-29,360
2018	$220,614	$262,138	$74,777	$-41,524

KOREAN INVESTORS & TRADERS ASSOCIATION OF SOUTHERN