TRUE WORSHIPERS 12 INC (EIN 383929777) - 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

2014

Principal Officer

GHILHO CHOO

Phone

7183536605

Tax Period

2019-01-01 to 2019-12-31

TRUE WORSHIPERS 12 INC, founded in 2014, is a micro nonprofit in the Religion sector that reported $75K in total revenue in fiscal year 2019. Revenue surged 152% from the prior year, signaling strong growth momentum.

Mission

TO PRAISE AND WORSHIP MINISTRY THAT SERVES TO RECOVER AND TO REVIEW THE YOUNG CHRISTIAN DIASPORA GENERATION IN USA. TO SUPPORT RELIGIOUS AND CHARITABLE ACTIVITIES BY MISSIONARIES AND TO SOLICIT AND RECEIVE FUNDS FROM THE GENERAL PUBLIC, CHRISTIAN COMMUNITY AND MEMBERSHIP GROUP INVOLVED AND GRANT FUNDS TO MISSIONARIES FOR SUCH PURPOSE.

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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 (2019)

Revenue Breakdown

Contributions & Grants $2,079

Program Service Revenue $73,073

Investment Income $0

Other Revenue $0

TOTAL REVENUE $75,152

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $76,331

Other Expenses $77,336

TOTAL EXPENSES $77,336

Year-over-Year Comparison

	2019	2018	Change
Revenue	$75,152	$29,785	+1.5%
Expenses	$77,336	$26,486	+1.9%
Net Income	$-2,184	$3,299	-1.7%

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

N/A

Volunteers

118

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
GHILHO CHOO	PRESIDENT	N/A	Officer Director	$0	$0	$0
JIN H NOH	TRUSTEE	N/A	Director	$0	$0	$0
SONIL	TRUSTEE	N/A	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	$75,152	$77,336	$1,418	$-2,184
2018	$29,785	$26,486	$3,602	$3,299

TRUE WORSHIPERS 12 INC