THE KOREAN UNITED PRESB CHURCH (EIN 362957392) - Form 990 Financial Analysis & Trantor Score

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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

1969

Legal Domicile

Principal Officer

EUN SUNG CHO

Phone

7732837799

Tax Period

2024-01-01 to 2024-12-31

THE KOREAN UNITED PRESB CHURCH, founded in 1969, is a small nonprofit that reported $793K in total revenue in fiscal year 2024. Revenue fell 23% from the prior year — a significant decline worth monitoring. Net assets of $1.8M represent 28 months of operating reserves.

Mission

PRIMARILY PROVIDING RELIGIOUS (CHRISTIAN) SERVICES, CHRISTIAN EDUCATION, TRAINING OF MISSIONARIES, AND CHARITY

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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 (2024)

Revenue Breakdown

Contributions & Grants $787,435

Program Service Revenue $0

Investment Income $5,289

Other Revenue $0

TOTAL REVENUE $792,724

Expense Breakdown

Grants Paid $0

Salaries & Benefits $167,073

Fundraising Expenses $0

Program Expenses $604,519

Other Expenses $454,165

TOTAL EXPENSES $811,095

Year-over-Year Comparison

	2024	2023	Change
Revenue	$792,724	$1,027,495	-0.2%
Expenses	$811,095	$1,063,809	-0.2%
Net Income	$-18,371	$-36,314	-0.5%

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

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

$55,000

Total Directors

$79,000

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
EUN SUNG CHO	SENIOR PASTO	40.00	Officer Director	$30,000	$0	$30,000
DAEHWAN KIM	EM PASTOR	40.00	Director	$24,000	$0	$24,000
EUNKANG JUN	ASSOCIATE PA	40.00	Officer Director	$25,000	$0	$25,000
BONG KYU LIM	ELDER	40.00	Director	$0	$0	$0
JIN KYU MOON	ELDER	40.00	Director	$0	$0	$0
YUN SOO JEON	ELDER	40.00	Director	$0	$0	$0
SEON HO LEE	ELDER	40.00	Director	$0	$0	$0
DEOK JIN LEE	ELDER	40.00	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
2024	$792,724	$811,095	$2,274,381	$-18,371
2023	$1,027,495	$1,063,809	$2,113,161	$-36,314

THE KOREAN UNITED PRESB CHURCH