KOREAN GOSPEL BROADCASTING CO INC

EIN: 330451487 501(c)(3) Religion

ANAHEIM, CA

Total Revenue
$1,950,194
Total Expenses
$2,001,995
Total Assets
$4,439,470
Net Assets
$2,504,566
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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
1991
Legal Domicile
CA
Principal Officer
YOUNG SUN LEE
Phone
7144841190
Tax Period
2025-01-01 to 2025-12-31

KOREAN GOSPEL BROADCASTING CO INC, founded in 1991, is a community nonprofit in the Religion sector that reported $2.0M in total revenue in fiscal year 2025. Revenue surged 37% from the prior year, signaling strong growth momentum.

Mission

BROADCASTING GOSPEL AND VARIOUS RELIGIOUS PROGRAMS VIA AM 1190 24 HOURS EVERYDAY

Program Service Accomplishments

Program 1
Expenses: $1,111,090

BROADCASTING GOSPEL AND VARIOUS RELIGIOUS PROGRAM VIA AM 1190 KHZ RADIO 24 HOURS EVERYDAY

Program 2
Expenses: $309,842

NANUM ON - CHARITABLE SUPPORTS FOR ORGANIZATIONS IN COMMUNITY

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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 $1,943,142
Program Service Revenue $0
Investment Income $0
Other Revenue $7,052
TOTAL REVENUE $1,950,194

Expense Breakdown

Grants Paid $309,842
Salaries & Benefits $638,039
Fundraising Expenses $82,751
Program Expenses $1,420,932
Other Expenses $1,054,114
TOTAL EXPENSES $2,001,995

Year-over-Year Comparison

2025 2024 Change
Revenue $1,950,194 $1,421,373 +0.4%
Expenses $2,001,995 $1,738,412 +0.2%
Net Income $-51,801 $-317,039 -0.8%
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
12
Independent Members
11
Employees
17
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
$42,000
Total Directors
12
$42,000
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
YOUNG SUN LEE President 40.00
Officer Director
$42,000 $0 $42,000
YU CHUL CHIN Executive Dir. 1.00
Director
$0 $0 $0
PAUL GI HONG HAN Director 1.00
Director
$0 $0 $0
JOON SIK KIM Director 1.00
Director
$0 $0 $0
SEUNG HEE DAVID KO Director 1.00
Director
$0 $0 $0
JOSHUA NAM Director 1.00
Director
$0 $0 $0
BYUNG JOO SONG Director 1.00
Director
$0 $0 $0
CHONG H YIM Director 1.00
Director
$0 $0 $0
YUN KWON KOOK Director 1.00
Director
$0 $0 $0
BONGJU KOO Director 1.00
Director
$0 $0 $0
DANIEL CHANGHYUN KO Director 1.00
Director
$0 $0 $0
DOIL KIM Director 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
2025 $1,950,194 $2,001,995 $4,439,470 $-51,801
2024 No data No data No data No data
2023 $1,717,040 $1,742,691 $5,535,082 $-25,651
2022 $1,670,386 $1,726,858 $5,629,421 $-56,472
2021 $1,684,793 $1,788,177 $5,812,807 $-103,384
2020 $2,298,456 $1,736,991 $4,393,206 $561,465
2019 $1,936,283 $1,829,435 $3,747,814 $106,848
2018 $1,961,530 $1,999,928 $3,668,907 $-38,398
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