FIRST KAREN BAPTIST CHURCH (EIN 141950996) - 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

2009

Legal Domicile

Principal Officer

TYRON NEW

Phone

6517792922

Tax Period

2024-01-01 to 2024-12-31

FIRST KAREN BAPTIST CHURCH, founded in 2009, is a small nonprofit in the Religion sector that reported $240K in total revenue in fiscal year 2024. Revenue surged 37% from the prior year, signaling strong growth momentum. The organization ran a surplus of $52K, a strong 22% operating margin.

Mission

FIRST KAREN BAPTIST CHURCH IS AN ENUMENICAL MINISTRY WELCOMING KAREN PEOPLE FROM BURMA TO ACHIEVING THEIR DREAMS AND FAITH COMMUNITIES ARE TRANSFORMED BY GOD'S GRACE.

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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 $239,692

Program Service Revenue $0

Investment Income $50

Other Revenue $0

TOTAL REVENUE $239,742

Expense Breakdown

Grants Paid $0

Salaries & Benefits $61,028

Fundraising Expenses $0

Program Expenses $145,369

Other Expenses $126,428

TOTAL EXPENSES $187,456

Year-over-Year Comparison

	2024	2023	Change
Revenue	$239,742	$174,703	+0.4%
Expenses	$187,456	$129,613	+0.4%
Net Income	$52,286	$45,090	+0.2%

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

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

$19,491

Total Directors

$19,491

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
TYRON NEW	PASTOR	40.00	Officer Director	$19,491	$0	$19,491
SAW WINNER	BOARD MEMBER	1.00	Director	$0	$0	$0
MA BU	BOARD MEMBER	1.00	Director	$0	$0	$0
SAWCHRISTHEH SAYOO	BOARD MEMBER	1.00	Director	$0	$0	$0
LAR KA PAW	BOARD MEMBER	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	$239,742	$187,456	$1,029,547	$52,286
2023	$174,703	$129,613	$977,075	$45,090
2022	$156,635	$95,158	$932,140	$61,477
2021	$255,414	$72,408	$869,955	$183,006
2020	$193,347	$86,960	$849,853	$106,387
2019	$188,039	$117,551	$866,549	$70,488
2018	$191,504	$135,417	No data	$56,087

FIRST KAREN BAPTIST CHURCH