SUN EUI CHURCH OF NY

EIN: 460543501 501(c)(3) Religion

FLUSHING, NY

Total Revenue
$204,749
Total Expenses
$164,889
Total Assets
$150,473
Net Assets
$150,473
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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

Principal Officer
JONG WON PARK
Phone
9175748885
Tax Period
2023-01-01 to 2023-12-31

SUN EUI CHURCH OF NY is a small nonprofit in the Religion sector that reported $205K in total revenue in fiscal year 2023. The organization ran a surplus of $40K, a strong 19% operating margin.

Mission

TO CONDUCT AND MAINTAIN A CHRISTIAN CHURCH IN ACCORDANCE WITH THE TRADITIONS OF THE CHRISTIANITY FAITH AND TO CONDUCT ALL COMMERCIAL AFFAIRS NECESSARY FOR A VIABLE COMMUNITY.

Program Service Accomplishments

Program 1

OUR CHURCH IS DEDICATED TO FOSTERING SPIRITUAL GROWTH, PROVIDING RELIGIOUS EDUCATION, AND OFFERING COMMUNITY SUPPORT IN ACCORDANCE WITH CHRISTIAN TEACHINGS. WE CONDUCT REGULAR WORSHIP SERVICES, BIBLE...

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OUR CHURCH IS DEDICATED TO FOSTERING SPIRITUAL GROWTH, PROVIDING RELIGIOUS EDUCATION, AND OFFERING COMMUNITY SUPPORT IN ACCORDANCE WITH CHRISTIAN TEACHINGS. WE CONDUCT REGULAR WORSHIP SERVICES, BIBLE STUDIES, AND PRAYER MEETINGS THAT ARE OPEN TO ALL MEMBERS OF THE COMMUNITY. THE CHURCH ALSO ENGAGES IN VARIOUS OUTREACH PROGRAMS, INCLUDING CHARITY WORK, FOOD DRIVES, AND SUPPORT FOR THE HOMELESS AND UNDERPRIVILEGED.

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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 $204,749
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $204,749

Expense Breakdown

Grants Paid $0
Salaries & Benefits $18,000
Fundraising Expenses $0
Program Expenses $164,889
Other Expenses $146,889
TOTAL EXPENSES $164,889

Year-over-Year Comparison

2023 2022 Change
Revenue $204,749 N/A N/A
Expenses $164,889 N/A N/A
Net Income $39,860 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
3
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
3
$18,000
Total Directors
1
$18,000
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JONG WON PARK PASTOR 40.00
Officer Director
$18,000 $0 $18,000
NAM HYUN MAR DIRECTOR N/A
Officer
$0 $0 $0
MIN HA PARK DIRECTOR N/A
Officer
$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
2023 $204,749 $164,889 $150,473 $39,860
2023 $204,749 $164,889 $150,473 $39,860
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