WORLD GLOBAL MISSION INC

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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

2012

Legal Domicile

Principal Officer

HONG YUL KIM

Tax Period

2019-01-01 to 2019-12-31

WORLD GLOBAL MISSION INC, founded in 2012, is a micro nonprofit that reported $39K in total revenue in fiscal year 2019. Revenue fell 47% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $6K, a strong 16% operating margin.

Mission

It is to carry out missionary works as part of Grace Ministries International, in Washington DC Metropolitan Area.

Program Service Accomplishments

Program 1

Expenses: $23,782

All members of WGM sincerely worked on its purpose, had a great ministry works done, and achieved an expanded congregation. The new believers joined the WGM and volunteered to work with their...

All members of WGM sincerely worked on its purpose, had a great ministry works done, and achieved an expanded congregation. The new believers joined the WGM and volunteered to work with their specialties as well.

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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 $39,116

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $39,116

Expense Breakdown

Grants Paid $0

Salaries & Benefits $9,258

Fundraising Expenses $0

Program Expenses $23,782

Other Expenses $23,782

TOTAL EXPENSES $33,040

Year-over-Year Comparison

	2019	2018	Change
Revenue	$39,116	$74,272	-0.5%
Expenses	$33,040	$109,445	-0.7%
Net Income	$6,076	$-35,173	-1.2%

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

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

$8,600

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
HONG YUL KIM	PRESIDENT	40.00	Officer Director	$0	$0	$0
JI YOUNG LEE	TREASURER	20.00	Officer Director	$0	$0	$0
KWANG SUB LEE	MANAGER	40.00	Officer	$8,600	$0	$8,600

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
2019	$39,116	$33,040	$83,136	$6,076
2018	$74,272	$109,445	$77,060	$-35,173