KOREAN PRESBYTERIAN CHURCH OF BAKERSFIELD

EIN: 383776331 501(c)(3)

BAKERSFIELD, CA

Total Revenue
$124,666
Total Expenses
$35,995
Total Assets
$908,039
Net Assets
$908,039
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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
2019
Legal Domicile
CA
Principal Officer
HYUN SOO KIM
Phone
6618051706
Tax Period
2019-01-01 to 2019-12-31

KOREAN PRESBYTERIAN CHURCH OF BAKERSFIELD, founded in 2019, is a small nonprofit that reported $125K in total revenue in fiscal year 2019. The organization ran a surplus of $89K, a strong 71% operating margin.

Mission

PROMOTED CHRISTANITY THROUGH WORSHIP SERVICES.

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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 (2019)

Revenue Breakdown

Contributions & Grants $124,666
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $124,666

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $32,251
Other Expenses $35,995
TOTAL EXPENSES $35,995

Year-over-Year Comparison

2019 2018 Change
Revenue $124,666 N/A N/A
Expenses $35,995 N/A N/A
Net Income $88,671 N/A N/A
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
1
Independent Members
N/A
Employees
N/A
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
1
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
HYUN SOO KIM President & CEO 30.00
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
2019 $124,666 $35,995 $908,039 $88,671
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