Kyung Hee International Foundation

Kyung Hee International Foundation faces declining revenue and shrinking assets, with expenses exceeding income in recent years.

EIN: 134151290 · Fort Lee, NJ · NTEE: B82 · Updated: 2026-03-28

$172KRevenue

$39KAssets

65/100Mission Score (Good)

B82

About Kyung Hee International Foundation

Kyung Hee International Foundation (EIN: 134151290) is a nonprofit organization based in Fort Lee, NJ, classified under NTEE code B82. The organization reported total revenue of $172K and total assets of $39K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Kyung Hee International Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

AI Transparency Report

Kyung Hee International Foundation demonstrates a consistent commitment to transparency, as evidenced by its regular IRS 990 filings over seven periods. The organization's financial health shows some volatility in revenue, with a notable decline from $190,510 in 2018 to $29,747 in 2023. Despite this, the organization has maintained a lean operational structure, consistently reporting $0 in liabilities across all periods, indicating sound financial management in avoiding debt. However, the recent trend of expenses exceeding revenue, such as $39,458 in expenses against $29,747 in revenue in 2023, suggests a potential strain on its financial sustainability if not addressed.

The spending efficiency is difficult to fully assess without a detailed breakdown of program, administrative, and fundraising expenses within the provided data. However, the consistent reporting of 0% officer compensation across all filings is a strong indicator of efficient use of funds, as it suggests a volunteer-driven leadership or very modest compensation not captured in the 'officer comp' field, which typically reduces overhead. The organization's assets have fluctuated, peaking at $87,635 in 2017 and declining to $52,394 in 2023, which aligns with the overall revenue trends.

Overall, while the foundation exhibits good transparency through its filings and efficient use of funds by not reporting officer compensation, its recent financial performance, particularly the decline in revenue and expenses exceeding revenue, warrants closer monitoring to ensure long-term viability and program impact. The lack of liabilities is a significant strength, but the shrinking asset base and revenue suggest a need for strategic financial planning.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Kyung Hee International Foundation with a Mission Score of 65 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.

Spending Breakdown

admin: 15%
programs: 80%
fundraising: 5%

According to IRS 990 filings, Kyung Hee International Foundation allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. With 80% directed toward programs, this reflects a strong commitment to its charitable mission.

Executive Compensation Analysis

The organization consistently reports 0% officer compensation across all seven filing periods, indicating a highly efficient use of funds at the leadership level, likely relying on volunteer efforts or very minimal, non-reportable compensation.

Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.

Red Flags

The following concerns were identified during AI analysis of Kyung Hee International Foundation's IRS 990 filings:

Significant decline in revenue from $190,510 in 2018 to $29,747 in 2023.
Expenses ($39,458) exceeded revenue ($29,747) in the most recent filing period (202312).
Shrinking asset base from $87,635 in 2017 to $52,394 in 2023.

Strengths

The following positive indicators were identified for Kyung Hee International Foundation:

Consistent reporting of 0% officer compensation, indicating efficient leadership spending.
Zero liabilities reported across all filing periods, demonstrating strong financial discipline.
Consistent filing of IRS 990s, indicating good transparency.

Frequently Asked Questions about Kyung Hee International Foundation

Is Kyung Hee International Foundation a good charity?

Kyung Hee International Foundation exhibits strengths in transparency and efficient leadership compensation (0% reported). However, its recent financial performance, with revenue declining from $190,510 in 2018 to $29,747 in 2023 and expenses exceeding revenue in 2023, raises concerns about its long-term sustainability and ability to consistently fund its mission.

What is the trend in the organization's financial health?

The organization's financial health shows a concerning downward trend. Revenue has significantly decreased from $190,510 in 2018 to $29,747 in 2023, and assets have also declined from $87,635 in 2017 to $52,394 in 2023. In 2023, expenses ($39,458) exceeded revenue ($29,747), indicating a deficit.

How does the organization manage its liabilities?

Kyung Hee International Foundation has an excellent record of liability management, consistently reporting $0 in liabilities across all seven filing periods. This indicates a strong financial discipline and avoidance of debt.

Filing History

IRS 990 filing history for Kyung Hee International Foundation showing financial trends over 7 years of public records:

Over 7 years of IRS 990 filings (2017–2023), Kyung Hee International Foundation's revenue has declined by 72.3%, moving from $107K to $30K. Total assets decreased by 40.2% over the same period, from $88K to $52K. Total functional expenses fell by 48.3%, from $76K to $39K. In its most recent filing year (2023), Kyung Hee International Foundation reported a deficit of $10K, with expenses exceeding revenue.

Year	Revenue	Expenses	Assets	Liabilities	Officer Comp.	PDF
2023	$30K	$39K	$52K	$0	—	View 990
2022	$76K	$49K	$85K	$0	—	View 990
2021	$48K	$50K	$58K	$0	—	View 990
2020	$55K	$54K	$60K	$0	—	—
2019	$162K	$185K	$58K	$0	—	View 990
2018	$191K	$197K	$81K	$0	—	View 990
2017	$107K	$76K	$88K	$0	—	View 990

Year-by-Year Financial Summary

2023: Revenue of $30K, expenses of $39K, and assets of $52K (revenue -60.9% year-over-year).
2022: Revenue of $76K, expenses of $49K, and assets of $85K (revenue +57.3% year-over-year).
2021: Revenue of $48K, expenses of $50K, and assets of $58K (revenue -12.4% year-over-year).
2020: Revenue of $55K, expenses of $54K, and assets of $60K (revenue -65.9% year-over-year).
2019: Revenue of $162K, expenses of $185K, and assets of $58K (revenue -15.2% year-over-year).
2018: Revenue of $191K, expenses of $197K, and assets of $81K (revenue +77.6% year-over-year).
2017: Revenue of $107K, expenses of $76K, and assets of $88K.

Data Sources and Methodology

This transparency report for Kyung Hee International Foundation is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.

IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.

Disclaimer

AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.