OMKWM (EIN 473867041) - 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

2015

Legal Domicile

Principal Officer

ILKWON KIM

Phone

6267203907

Tax Period

2024-01-01 to 2024-12-31

OMKWM, founded in 2015, is a micro nonprofit in the Religion sector that reported $93K in total revenue in fiscal year 2024. Revenue grew 14% year-over-year, indicating healthy expansion. Expenses of $145K exceeded revenue, resulting in a 56% operating deficit.

Mission

TO SPREAD THE GOSPEL THROUGH SUPPORTING CHRISTIAN MISSIONARIES

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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 $86,999

Program Service Revenue $0

Investment Income $5,710

Other Revenue $0

TOTAL REVENUE $92,709

Expense Breakdown

Grants Paid $30,625

Salaries & Benefits $38,999

Fundraising Expenses $0

Program Expenses $85,154

Other Expenses $74,898

TOTAL EXPENSES $144,522

Year-over-Year Comparison

	2024	2023	Change
Revenue	$92,709	$81,534	+0.1%
Expenses	$144,522	$155,154	-0.1%
Net Income	$-51,813	$-73,620	-0.3%

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

$36,000

Total Directors

$36,000

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ILKWON KIM	CFO	40.00	Officer Director	$36,000	$0	$36,000
PAUL K HAN	Secretary	0.00	Officer Director	$0	$0	$0
JAMES JOON KWON	CEO	0.00	Officer Director	$0	$0	$0
YONG H KIM	Director	0.00	Director	$0	$0	$0
HYUNG EUN PARK	Director	0.00	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	$92,709	$144,522	$946,213	$-51,813
2023	$81,534	$155,154	$998,017	$-73,620
2022	$183,534	$191,627	$1,072,267	$-8,093
2021	$38,280	$54,533	$1,079,077	$-16,253
2020	$53,308	$76,637	$1,095,330	$-23,329
2019	$980,296	$92,143	$1,118,659	$888,153

OMKWM