Pacific Rim Education Foundation Inc (EIN 990277983) - 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

1990

Legal Domicile

Principal Officer

Charles Frumin

Phone

8083262344

Tax Period

2024-01-01 to 2024-12-31

Pacific Rim Education Foundation Inc, founded in 1990, is a small nonprofit in the Education sector that reported $147K in total revenue in fiscal year 2024. Revenue decreased 16% compared to the prior year. Expenses of $297K exceeded revenue, resulting in a 102% operating deficit.

Mission

We sponsor educational programs, fund charitable activities and support practices which nurture love, wisdom, wellness, and peace within individuals and families, and which promote understanding and connectedness among communities.

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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 $25,010

Program Service Revenue $26,848

Investment Income $94,948

Other Revenue $0

TOTAL REVENUE $146,806

Expense Breakdown

Grants Paid $83,499

Salaries & Benefits $86,334

Fundraising Expenses $0

Program Expenses $209,522

Other Expenses $127,180

TOTAL EXPENSES $297,013

Year-over-Year Comparison

	2024	2023	Change
Revenue	$146,806	$173,829	-0.2%
Expenses	$297,013	$532,287	-0.4%
Net Income	$-150,207	$-358,458	-0.6%

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

$39,463

Total Directors

$39,463

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Dr Sangkun Kim	President, Chairperson	2.00	Officer Director	$0	$0	$0
Charles Frumin	Director and Secretary	25.00	Officer Director	$30,866	$8,597	$39,463
Farley Jones	Director	2.00	Director	$0	$0	$0
Hyungduk Kim	Director	1.00	Director	$0	$0	$0
Yunjin Kim	Director	1.00	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
2024	$146,806	$297,013	$15,942,562	$-150,207
2023	$173,829	$532,287	$16,959,099	$-358,458
2022	$127,974	$277,270	$17,747,902	$-149,296
2021	$99,350	$254,871	$18,727,084	$-155,521
2020	$43,570	$167,092	$19,186,604	$-123,522
2019	$175,590	$176,911	$19,618,846	$-1,321
2018	$57,781	$216,398	$19,926,624	$-158,617

Pacific Rim Education Foundation Inc