HOLY SPRINGS MISSION

EIN: 611415108 501(c)(3) Religion

CHATSWORTH, CA

Total Revenue
$164,355
Total Expenses
$122,504
Total Assets
$502,168
Net Assets
$502,168
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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
CA
Principal Officer
SANG JIN PARK
Phone
2137008441
Tax Period
2023-01-01 to 2023-12-31

HOLY SPRINGS MISSION, founded in 2015, is a small nonprofit in the Religion sector that reported $164K in total revenue in fiscal year 2023. Revenue decreased 19% compared to the prior year. The organization ran a surplus of $42K, a strong 25% operating margin.

Mission

Religious

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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 $164,355
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $164,355

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $74,637
Other Expenses $122,504
TOTAL EXPENSES $122,504

Year-over-Year Comparison

2023 2022 Change
Revenue $164,355 $204,003 -0.2%
Expenses $122,504 $203,279 -0.4%
Net Income $41,851 $724 +56.8%
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
N/A
Independent Members
N/A
Employees
N/A
Volunteers
2

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
2
$0
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Sang Jin Park C.E.O. 15.00
Officer
$0 $0 $0
Yoon J Park Treasurer 10.00
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
2025 No data No data No data No data
2024 No data No data No data No data
2023 $164,355 $122,504 $502,168 $41,851
2022 $204,003 $203,279 $459,582 $724
2021 $180,535 $111,064 $462,387 $69,471
2020 $128,402 $83,794 $367,988 $44,608
2019 $105,785 $94,046 $298,597 $11,739
2018 $79,405 $95,886 $78,218 $-16,481
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