Silver Spring, MD
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)Grace Korean Church, founded in 2005, is a small nonprofit in the Religion sector that reported $218K in total revenue in fiscal year 2025. Revenue decreased 7% compared to the prior year. Expenses of $208K left a modest 5% surplus.
The Primary exempt purpose is to amour its members with the gospel of re-birth, fullness of the Holy Spirit Healing, Blessing and returning of Jesus so that they glorigy God through Worship and Service
Spititual Enrichment: GKC has organized weekly Bible study classes, engaging over 75 participants throughout the year, deepening their understanding of Scripture and fostering spiritual growth.
Missiomary Support: GKC has actively supported both local and international missionary efforts, contributing financial resources and volunteer hours to spread the Gospel and assist communities in...
Missiomary Support: GKC has actively supported both local and international missionary efforts, contributing financial resources and volunteer hours to spread the Gospel and assist communities in need. Over the past years GKC has sponsored five missionary families, enabling them to serve in various regions around the world.
Benevolence and Support Programs: GKC has established a support network for members going through challenges such as grief, addiction, or mental health struggles. Through support groups, counseling...
Benevolence and Support Programs: GKC has established a support network for members going through challenges such as grief, addiction, or mental health struggles. Through support groups, counseling sessions, and referrals to professional resources, we have assisted over 25 individuals in finding hope and healing during difficult times.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2025 | 2024 | Change | |
|---|---|---|---|
| Revenue | $218,076 | $235,252 | -0.1% |
| Expenses | $207,893 | $194,912 | +0.1% |
| Net Income | $10,183 | $40,340 | -0.7% |
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
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| Tak Hyun Cho | Pastor and President | 40.00 |
Officer
Director
|
$32,400 | $0 | $32,400 |
| Grace E Song | Chair of Trustees | 1.00 |
Director
|
$0 | $0 | $0 |
| Seung Kim | Financial Officer | 1.00 |
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | $218,076 | $207,893 | $82,409 | $10,183 |
| 2024 | No data | No data | No data | No data |
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