THE SHIN KWANG CHURCH OF NEW YORK

EIN: 112871846 501(c)(3)

BAYSIDE, NY

Total Revenue
$1,046,979
Total Expenses
$863,577
Total Assets
$351,100
Net Assets
$351,100
🔒

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

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
1987
Legal Domicile
NY
Principal Officer
JU HO KANG
Phone
7183573355
Tax Period
2021-01-01 to 2021-12-31

THE SHIN KWANG CHURCH OF NEW YORK, founded in 1987, is a community nonprofit that reported $1.0M in total revenue in fiscal year 2021. Revenue surged 28% from the prior year, signaling strong growth momentum. The organization ran a surplus of $183K, a strong 18% operating margin.

Mission

TO WORSHIP GOD.

🔒

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%)

Sign In — Free (10 views/day)

Financial Overview (2021)

Revenue Breakdown

Contributions & Grants $1,046,979
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $1,046,979

Expense Breakdown

Grants Paid $0
Salaries & Benefits $189,561
Fundraising Expenses $0
Program Expenses $863,577
Other Expenses $674,016
TOTAL EXPENSES $863,577

Year-over-Year Comparison

2021 2020 Change
Revenue $1,046,979 $814,977 +0.3%
Expenses $863,577 $821,997 +0.1%
Net Income $183,402 $-7,020 -27.1%
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

Sign In

Governance

Voting Members
5
Independent Members
5
Employees
6
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
1
$48,000
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JU HO KANG PRESIDENT 40.00
Officer
$48,000 $0 $48,000
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
2021 $1,046,979 $863,577 $351,100 $183,402
2018 $1,127,011 $1,068,259 $471,553 $58,752
Explore More Nonprofits
→Top 100 Nonprofits in New York →Largest U.S. Nonprofits →Best Rated Nonprofits →Most Efficient Nonprofits

Compare THE SHIN KWANG CHURCH OF NEW YORK with other nonprofits in New York and across the country.

We Value Your Privacy
We use cookies and similar technologies to analyze site traffic and improve your experience. By clicking "Accept All", you consent to our use of cookies for analytics and measurement.