THE FIRST KOREAN PRESBYTERIAN CHURCH OF STLOUIS

EIN: 510155408 501(c)(3)

Saint Ann, MO

Total Revenue
$250,097
Total Expenses
$218,175
Total Assets
$1,111,345
Net Assets
$1,098,981
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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
1971
Legal Domicile
MO
Tax Period
2018-01-01 to 2018-12-31

THE FIRST KOREAN PRESBYTERIAN CHURCH OF STLOUIS, founded in 1971, is a small nonprofit that reported $250K in total revenue in fiscal year 2018. Expenses of $218K left a modest 13% surplus.

Mission

OUR CHURCHS MISSION IS A COGREGATION OF THE PRESBYTERIAN CHURCH IN AMERICA ADHERING TO THE AUTHORITY OF THE SCULPTURE AND COFESSING OF THE DOCTRINE CONTAINED THE WESTMINISTER STANDARD, AS THE FAMILY OF GOD, WE WORSHIP THE GOD AND TEACH THE TRUTH OF HIS WORD.

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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 (2018)

Revenue Breakdown

Contributions & Grants $250,097
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $250,097

Expense Breakdown

Grants Paid $0
Salaries & Benefits $103,070
Fundraising Expenses $0
Program Expenses $201,085
Other Expenses $105,174
TOTAL EXPENSES $218,175

Year-over-Year Comparison

2018 2017 Change
Revenue $250,097 $250,097 N/A
Expenses $218,175 $218,175 N/A
Net Income $31,922 $31,922 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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Governance

Voting Members
150
Independent Members
N/A
Employees
7
Volunteers
150

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
1
$0
Total Directors
1
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JONG D SONG ELDER 5.00
Officer 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
2018 $250,097 $218,175 $1,111,345 $31,922
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