INSTITUTE OF ASIAN CULTURE & DEVELOPMENT (EIN 954612128) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1996

Legal Domicile

Principal Officer

GYU CHO

Phone

3108044525

Tax Period

2024-01-01 to 2024-12-31

INSTITUTE OF ASIAN CULTURE & DEVELOPMENT, founded in 1996, is a community nonprofit in the Religion sector that reported $4.6M in total revenue in fiscal year 2024. Revenue surged 64% from the prior year, signaling strong growth momentum. The organization ran a surplus of $2.0M, a strong 44% operating margin.

Mission

CHRISTIAN MISSIONARY SUPPORT SUPPORT CHRISTIAN MISSIONARIES SERVE IN UNDER-DEVELOPED ASIAN COUNTIRES IN FINANCIALLY AND SPIRITUALLY.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $13,040

Program Service Revenue $4,563,162

Investment Income $0

Other Revenue $0

TOTAL REVENUE $4,576,202

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $2,247,943

Other Expenses $2,570,560

TOTAL EXPENSES $2,570,560

Year-over-Year Comparison

	2024	2023	Change
Revenue	$4,576,202	$2,783,938	+0.6%
Expenses	$2,570,560	$3,036,260	-0.2%
Net Income	$2,005,642	$-252,322	-8.9%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

N/A

Volunteers

300

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
MI LEE	PRESIDENT	20.00	Officer	$0	$0	$0
YEO KIM	SECRETARY	20.00	Officer	$0	$0	$0
GYU CHO	CFO	10.00	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
2024	$4,576,202	$2,570,560	$2,005,641	$2,005,642
2023	$2,783,938	$3,036,260	$660,814	$-252,322
2022	$3,218,238	$3,244,732	$913,136	$-26,494
2021	$3,643,351	$3,626,947	$939,630	$16,404
2020	$3,356,408	$3,363,119	$923,226	$-6,711
2019	$3,170,190	$3,104,771	$929,936	$65,419
2018	$2,975,539	$2,641,963	$864,518	$333,576

INSTITUTE OF ASIAN CULTURE & DEVELOPMENT