Sisters of Our Lady of Perpetual H… - Form 990 Financial Data

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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

1993

Legal Domicile

Principal Officer

Baekyung Cheon

Phone

7145211345

Tax Period

2023-07-01 to 2024-06-30

Sisters of Our Lady of Perpetual Help, founded in 1993, is a small nonprofit in the Religion sector that reported $475K in total revenue in fiscal year 2023. Revenue surged 22% from the prior year, signaling strong growth momentum.

Mission

Religious Education and Missionary Works

Program Service Accomplishments

Program 1

Expenses: $192,480

The Organization Cooridnated its 17 Roman Catholic Sisters who perfored the follwoing services at various roman catholic churchesAssisting daily masses, Counseling, teaching bible, visiting nursing...

Program 2

Expenses: $141,155

The Organization asisted catholic Missionaries in Peru, South America.

Program 3

Expenses: $104,050

The Organization perfored the following religious education1. Group Bible Studies in USA and Canada2. Conducted Bible study Retreats3. Trained Bible Teachers

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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 (2023)

Revenue Breakdown

Contributions & Grants $179,992

Program Service Revenue $288,738

Investment Income $6,439

Other Revenue $0

TOTAL REVENUE $475,169

Expense Breakdown

Grants Paid $141,355

Salaries & Benefits $240,600

Fundraising Expenses $0

Program Expenses $437,685

Other Expenses $129,811

TOTAL EXPENSES $511,766

Year-over-Year Comparison

	2023	2022	Change
Revenue	$475,169	$388,505	+0.2%
Expenses	$511,766	$616,723	-0.2%
Net Income	$-36,597	$-228,218	-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

Governance

Voting Members

Independent Members

N/A

Employees

Volunteers

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

$35,400

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Baekyung Cheon	CEO	50.00	Officer	$19,800	$0	$19,800
Mi Hyang Bae	CFO	50.00	Officer	$15,600	$0	$15,600

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	No data	No data	No data	No data
2024	$475,169	$511,766	$2,150,448	$-36,597
2023	$388,505	$616,723	$2,187,919	$-228,218
2022	$350,362	$372,441	$2,262,089	$-22,079
2021	$371,304	$344,809	$2,284,161	$26,495
2020	$251,712	$327,659	$2,260,171	$-75,947
2019	$351,970	$329,961	$2,339,502	$22,009

Sisters of Our Lady of Perpetual Help