PAVA WORLD

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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

2001

Legal Domicile

Phone

8142248015

Tax Period

2023-01-01 to 2023-12-31

PAVA WORLD, founded in 2001, is a small nonprofit in the Human Services sector that reported $290K in total revenue in fiscal year 2023. Revenue grew 16% year-over-year, indicating healthy expansion. Expenses of $267K left a modest 8% surplus.

Mission

BY WORKING TOGETHER ON PROJECTS THAT PRESERVE AND CLEANSE THE EARTH, WE WILL BE ABLE TO NARROW THE GAP BETWEEN DIFFERENT COMMUNITIES AND BETTER UNDERSTAND EACH OTHER.

Program Service Accomplishments

Program 1

LEADERSHIP PROGRAM

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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 (2023)

Revenue Breakdown

Contributions & Grants $62,685

Program Service Revenue $220,627

Investment Income $0

Other Revenue $6,400

TOTAL REVENUE $289,712

Expense Breakdown

Grants Paid $30,800

Salaries & Benefits $28,550

Fundraising Expenses $0

Other Expenses $207,433

TOTAL EXPENSES $266,783

Year-over-Year Comparison

	2023	2022	Change
Revenue	$289,712	$249,469	+0.2%
Expenses	$266,783	$226,482	+0.2%
Net Income	$22,929	$22,987	0.0%

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

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
KU HYON SHIN	DIRECTOR	001.00	Director	$0	$0	$0
CHRIS UM	DIRECTOR	001.00	Director	$0	$0	$0
ALEX Y WOO	DIRECTOR	001.00	Director	$0	$0	$0
KAY KIM	DIRECTOR	001.00	Director	$0	$0	$0
LYNDA CHUNG	DIRECTOR	001.00	Director	$0	$0	$0
STEVE KIM	DIRECTOR	001.00	Director	$0	$0	$0
JOHN OH	DIRECTOR	001.00	Director	$0	$0	$0
GRACE KANG	DIRECTOR	001.00	Director	$0	$0	$0
WON SIK MYUNG	PRESIDENT	010.00	Officer	$0	$0	$0
KRIS PARK	VICE PRESIDENT	001.00	Officer	$0	$0	$0
SANG SEOK SUH	VICE PRESIDENT	001.00	Officer	$0	$0	$0
STANLEY CHA	CFO	004.00	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	No data	No data	No data	No data
2023	$289,712	$266,783	$137,625	$22,929
2022	$249,469	$226,482	$114,696	$22,987
2021	$167,864	$149,119	$91,709	$18,745
2020	$81,858	$101,872	$72,964	$-20,014
2019	$189,469	$175,503	$92,978	$13,966
2018	$187,855	$194,505	$79,078	$-6,650