House of Prayer for All the Nations

EIN: 300573588 501(c)(3)

Northbrook, IL

Total Revenue
$711,000
Total Expenses
$428,563
Total Assets
$738,960
Net Assets
$738,098
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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
2010
Legal Domicile
IL
Principal Officer
RevKwang S KIM
Phone
8476762327
Tax Period
2025-01-01 to 2025-12-31

House of Prayer for All the Nations, founded in 2010, is a small nonprofit that reported $711K in total revenue in fiscal year 2025. Revenue surged 51% from the prior year, signaling strong growth momentum. The organization ran a surplus of $282K, a strong 40% operating margin.

Mission

The purpose of the HOPAN is to: develope House of Prayer and worship for all HOMELESS people in order to guide them to God to rehabilitate and save their woulded soules and their lost dignity

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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%)

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Financial Overview (2025)

Revenue Breakdown

Contributions & Grants $711,000
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $711,000

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $428,563
Other Expenses $428,563
TOTAL EXPENSES $428,563

Year-over-Year Comparison

2025 2024 Change
Revenue $711,000 $470,400 +0.5%
Expenses $428,563 $397,072 +0.1%
Net Income $282,437 $73,328 +2.9%
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

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Governance

Voting Members
4
Independent Members
4
Employees
4
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
0
$0
Total Directors
3
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Samual H SOHN Director 8.00
Director
$0 $0 $0
Scott CHON Director 8.00
Director
$0 $0 $0
Jeong H KWON Director 8.00
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
2025 $711,000 $428,563 $738,960 $282,437
2024 $470,400 $397,072 $456,520 $73,328
2023 $350,636 $387,601 $455,127 $-36,965
2022 $337,135 $346,014 $492,093 $-8,879
2020 $283,536 $265,618 $275,769 $17,918
2019 $317,696 $259,417 $257,815 $58,279
2018 $248,028 $193,872 $199,410 $54,156
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