AG FULL GOSPEL KOREAN CHURCH OF HOUSTON

EIN: 542068576 501(c)(3)

HOUSTON, TX

Total Revenue
$977,474
Total Expenses
$934,962
Total Assets
$2,828,899
Net Assets
$311,214
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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
1986
Legal Domicile
TX
Principal Officer
HYUNG S HONG
Phone
7134682123
Tax Period
2018-01-01 to 2018-12-31

AG FULL GOSPEL KOREAN CHURCH OF HOUSTON, founded in 1986, is a small nonprofit that reported $977K in total revenue in fiscal year 2018. Expenses of $935K left a modest 4% surplus.

Mission

CHRISTIAN SERVICES: TO MAINTAIN VARIOUS PROGRAMS TO PROVIDE CHRISTIAN TRANING, SOCIAL SERVICES, MISSION SUPPORT AND OTHER ASSISTANCE IN THE WORK 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%)

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Financial Overview (2018)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $977,474
Investment Income $0
Other Revenue $0
TOTAL REVENUE $977,474

Expense Breakdown

Grants Paid $0
Salaries & Benefits $199,460
Fundraising Expenses $4,056
Program Expenses $623,017
Other Expenses $731,446
TOTAL EXPENSES $934,962

Year-over-Year Comparison

2018 2017 Change
Revenue $977,474 N/A N/A
Expenses $934,962 N/A N/A
Net Income $42,512 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
6
Independent Members
6
Employees
5
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
$31,050
Total Directors
6
$31,050
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
HYUNG S HONG PRESIDENT 40.00
Officer Director
$31,050 $0 $31,050
SUNG HAM TREASURER N/A
Officer Director
$0 $0 $0
KI D YOON SECRETARY N/A
Officer Director
$0 $0 $0
JIN S LEE DIRECTOR N/A
Director
$0 $0 $0
UN B KIM DIRECTOR N/A
Director
$0 $0 $0
SUNG S PARK DIRECTOR 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
2018 $977,474 $934,962 $2,828,899 $42,512
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