ASSEMBLIES OF GOD THEOLOGICAL SCHOOL OF NEW YORK (EIN 464336787) - 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

2013

Legal Domicile

Principal Officer

JOHN KIM

Phone

7184619700

Tax Period

2024-01-01 to 2024-12-31

ASSEMBLIES OF GOD THEOLOGICAL SCHOOL OF NEW YORK, founded in 2013, is a small nonprofit in the Education sector that reported $163K in total revenue in fiscal year 2024. Revenue decreased 6% compared to the prior year. Expenses of $151K left a modest 7% surplus.

Mission

TO EDUCATE FUTURE LEADERS FOR THE MINISTRY OF GOD.

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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 (2024)

Revenue Breakdown

Contributions & Grants $108,673

Program Service Revenue $17,720

Investment Income $0

Other Revenue $36,183

TOTAL REVENUE $162,576

Expense Breakdown

Grants Paid $0

Salaries & Benefits $42,000

Fundraising Expenses $0

Program Expenses $44,131

Other Expenses $108,577

TOTAL EXPENSES $150,577

Year-over-Year Comparison

	2024	2023	Change
Revenue	$162,576	$172,743	-0.1%
Expenses	$150,577	$153,081	0.0%
Net Income	$11,999	$19,662	-0.4%

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

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JOHN KIM	PRESIDENT	N/A	Officer	$0	$0	$0
CHO A HWANG	TREASURER	N/A	Officer	$0	$0	$0
JUNG SOOK HAN	ASSISTANT PR	N/A	Officer	$0	$0	$0
NAMSOO KIM	BOARD MEMBER	N/A	Director	$0	$0	$0
MYONG OK KIM	BOARD MEMBER	N/A	Director	$0	$0	$0
PAUL KWANG HEE REE	BOARD MEMBER	N/A	Director	$0	$0	$0
JOSEPH W LEE	BOARD MEMBER	N/A	Director	$0	$0	$0
KAE JOO LIM	BOARD MEMBER	N/A	Director	$0	$0	$0
HENRY HAAN	BOARD MEMBER	N/A	Director	$0	$0	$0
JO ANN KANG	BOARD MEMBER	N/A	Director	$0	$0	$0
EUNICE IM	BOARD MEMBER	N/A	Director	$0	$0	$0
YOHAN PARK	BOARD MEMBER	N/A	Director	$0	$0	$0
CHENG DA LEE	BOARD MEMBER	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	$162,576	$150,577	$51,753	$11,999
2023	$172,743	$153,081	$42,155	$19,662
2022	$201,523	$219,611	$20,092	$-18,088
2021	$163,761	$166,885	$38,180	$-3,124
2020	$122,320	$114,935	$41,828	$7,385
2019	$125,689	$135,633	$7,541	$-9,944
2018	$125,297	$113,988	$17,485	$11,309

ASSEMBLIES OF GOD THEOLOGICAL SCHOOL OF NEW YORK