YOUNG-NAK PRESBYTERIAN CHURCH OF LO S ANGELES (EIN 237327655) - Form 990 Financial Analysis & Trantor Score

🔒

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

Financial Trends

Organization Details

Formation Year

1973

Legal Domicile

Principal Officer

EUNSUNG PARK

Tax Period

2024-01-01 to 2024-12-31

YOUNG-NAK PRESBYTERIAN CHURCH OF LO S ANGELES, founded in 1973, is a community nonprofit that reported $5.7M in total revenue in fiscal year 2024. Revenue grew 9% year-over-year, indicating healthy expansion. Net assets of $23.3M represent 49 months of operating reserves.

Mission

YOUNG NAK PRESBYTERIAN CHURCH OF LOS ANGELES IS DEDICATED TO ADVANCING THE CHRISTIAN FAITH THROUGH WORSHIP, SPIRITUAL EDUCATION, AND COMMUNITY OUTREACH. OUR MISSION IS TO SPREAD THE GOSPEL, NURTURE SPIRITUAL GROWTH, AND SERVE THE COMMUNITY THROUGH WORSHIP SERVICES, MISSION ACTIVITIES, AND CHARITABLE PROGRAMS, IN ACCORDANCE WITH OUR FAITH-BASED VALUES.

🔒

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%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $5,600,284

Program Service Revenue $0

Investment Income $123,719

Other Revenue $0

TOTAL REVENUE $5,724,003

Expense Breakdown

Grants Paid $167,000

Salaries & Benefits $3,222,240

Fundraising Expenses $0

Program Expenses $2,531,351

Other Expenses $2,519,885

TOTAL EXPENSES $5,909,125

Year-over-Year Comparison

	2024	2023	Change
Revenue	$5,724,003	$5,269,887	+0.1%
Expenses	$5,909,125	$6,521,798	-0.1%
Net Income	$-185,122	$-1,251,911	-0.9%

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

Governance

Voting Members

Independent Members

N/A

Employees

Volunteers

494

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

$95,969

Total Directors

$95,969

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
EUNSUNG PARK	C.E.O.	40.00	Officer Director	$95,969	$0	$95,969
DANIEL CHUNG	C.F.O.	40.00	Director	$0	$0	$0
PETER YOON CHOH	SECRETARY	40.00	Officer	$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	$5,724,003	$5,909,125	$29,831,484	$-185,122

YOUNG-NAK PRESBYTERIAN CHURCH OF LO S ANGELES