YANA MINISTRY INC

EIN: 455107360 501(c)(3) Youth Development

HACKENSACK, NJ

Total Revenue
$565,574
Total Expenses
$748,035
Total Assets
$608,570
Net Assets
$589,008
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2012
Legal Domicile
NJ
Principal Officer
SOONKYU SHIN
Phone
2014465871
Tax Period
2023-01-01 to 2023-12-31

YANA MINISTRY INC, founded in 2012, is a small nonprofit in the Youth Development sector that reported $566K in total revenue in fiscal year 2023. Revenue fell 40% from the prior year — a significant decline worth monitoring. Expenses of $748K exceeded revenue, resulting in a 32% operating deficit.

Mission

YANA MINISTRY, INC. IS A NON-PROFIT ORGANIZATION DESIGNED TO BRING HOPE AND A FUTURE TO ORPHANS AND CHILDREN IN POVERTY IN THE WORLD. OUR GOAL IS TO PROVIDE A DIFFERENT ROUTE IN LIFE FOR CHILDREN WHO ARE OFTEN CAST TO THE MARGINS OF SOCIETY. WE WANT TO TELL THEM THAT "YOU ARE NOT ALONE- AND PROVIDE THE SUPPORT, LOVE AND GUIDANCE TO MAKE THAT MESSAGE A CONCRETE REALITY.

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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 (2023)

Revenue Breakdown

Contributions & Grants $555,335
Program Service Revenue $0
Investment Income $3,809
Other Revenue $6,430
TOTAL REVENUE $565,574

Expense Breakdown

Grants Paid $0
Salaries & Benefits $242,604
Fundraising Expenses $1,662
Program Expenses $677,592
Other Expenses $505,431
TOTAL EXPENSES $748,035

Year-over-Year Comparison

2023 2022 Change
Revenue $565,574 $940,136 -0.4%
Expenses $748,035 $759,337 0.0%
Net Income $-182,461 $180,799 -2.0%
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

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Liquidity & Cash Position

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Governance

Voting Members
15
Independent Members
15
Employees
4
Volunteers
100

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
2
$0
Total Directors
15
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JONGWOOK CHAE TRUSTEE N/A
Director
$0 $0 $0
DOYOUNG CHO TRUSTEE N/A
Director
$0 $0 $0
JANE CHUNG TRUSTEE N/A
Director
$0 $0 $0
DR ANNE KIM TRUSTEE N/A
Director
$0 $0 $0
ISAAC KIM TRUSTEE N/A
Director
$0 $0 $0
JB KIM TRUSTEE N/A
Director
$0 $0 $0
YOUNGSUN KIM TRUSTEE N/A
Director
$0 $0 $0
JIMMY LEE TRUSTEE N/A
Director
$0 $0 $0
RONALD LEE TRUSTEE N/A
Director
$0 $0 $0
SUNG LEE TREASURER N/A
Officer Director
$0 $0 $0
YOUNGSUN LEE TRUSTEE N/A
Director
$0 $0 $0
ELLI PARK TRUSTEE N/A
Director
$0 $0 $0
SOONKYU SHIN CHAIRMAN/PRE N/A
Officer Director
$0 $0 $0
REV JOO WHANG TRUSTEE N/A
Director
$0 $0 $0
SARAH YU 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
2024 No data No data No data No data
2023 $565,574 $748,035 $608,570 $-182,461
2022 $940,136 $759,337 $789,567 $180,799
2021 $442,402 $515,491 $581,836 $-73,089
2020 $615,933 $441,673 $652,359 $174,260
2019 $553,836 $393,726 $477,499 $160,110
2018 $301,968 $311,396 $317,389 $-9,428
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