KOREAN AMERICAN EDUCATION FOUNDATION INC (EIN 954611649) - 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

1996

Legal Domicile

Principal Officer

JEONHOON KANG

Phone

2133863112

Tax Period

2024-01-01 to 2024-12-31

KOREAN AMERICAN EDUCATION FOUNDATION INC, founded in 1996, is a small nonprofit in the International Affairs sector that reported $804K in total revenue in fiscal year 2024. Revenue surged 50% from the prior year, signaling strong growth momentum. Net assets of $2.8M represent 42 months of operating reserves.

Mission

EDUCATION OF KOREAN LANGUAGE, HERITAGE, AND CULTURE.

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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 $575,488

Program Service Revenue $88,531

Investment Income $0

Other Revenue $139,484

TOTAL REVENUE $803,503

Expense Breakdown

Grants Paid $0

Salaries & Benefits $195,940

Fundraising Expenses $0

Program Expenses $627,027

Other Expenses $627,027

TOTAL EXPENSES $822,967

Year-over-Year Comparison

	2024	2023	Change
Revenue	$803,503	$534,464	+0.5%
Expenses	$822,967	$680,632	+0.2%
Net Income	$-19,464	$-146,168	-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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MONICA RYOO	DIRECTOR	001.00	Director	$0	$0	$0
HYUNGWOOK KIM	PRESIDENT	005.00	Director	$0	$0	$0
JEONHOON KANG	SECRETARY	040.00	Director	$0	$0	$0
ANNA CHO	DIRECTOR	001.00	Director	$0	$0	$0
YOUNGSEOK SUH	DIRECTOR	001.00	Director	$0	$0	$0
JOONDO KIM	DIRECTOR	001.00	Director	$0	$0	$0
HAROLD CHOI	DIRECTOR	001.00	Director	$0	$0	$0
DALE JUNCHANG PARK	DIRECTOR	001.00	Director	$0	$0	$0
JI EUN LEE	DIRECTOR	001.00	Director	$0	$0	$0
STEVE PAEK	DIRECTOR	001.00	Director	$0	$0	$0
HYUJOUNG KIM	DIRECTOR	001.00	Director	$0	$0	$0
IRENE SHIN	DIRECTOR	001.00	Director	$0	$0	$0
SANGHUN CHO	DIRECTOR	001.00	Director	$0	$0	$0
SUE K CHOI	DIRECTOR	001.00	Director	$0	$0	$0
SANGBEOM LEE	CFO	040.00	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
2025	No data	No data	No data	No data
2024	$803,503	$822,967	$2,933,349	$-19,464
2023	$534,464	$680,632	$2,950,385	$-146,168
2022	$517,211	$673,658	$3,076,679	$-156,447
2021	$526,257	$693,746	$3,242,762	$-167,489
2020	$446,503	$581,459	$3,399,333	$-134,956
2019	$721,354	$574,119	$3,532,895	$147,235
2018	$580,498	$580,029	$3,375,757	$469

KOREAN AMERICAN EDUCATION FOUNDATION INC