GLOBAL LEADERSHIP TRAINING CENTER

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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

2020

Legal Domicile

Tax Period

2023-01-01 to 2023-12-31

GLOBAL LEADERSHIP TRAINING CENTER, founded in 2020, is a micro nonprofit in the Religion sector that reported $60K in total revenue in fiscal year 2023. Revenue decreased 13% compared to the prior year. The organization ran a surplus of $25K, a strong 42% operating margin.

Mission

To train and promote the Christian value and leadership of education,religion,health and charity.To educate the christian leaders and missionaries with regular seminar for pastors and congregation. writing and reading courses, one on one discipleship,training course for missionar

Program Service Accomplishments

Program 1

Expenses: $20,000

Seminar for Mentoring and promoting leadership of Pastors and Students of Seminary and UniversityPurchasing the books and materials for educating leaders. Not Selling books and materials.Free...

Seminar for Mentoring and promoting leadership of Pastors and Students of Seminary and UniversityPurchasing the books and materials for educating leaders. Not Selling books and materials.Free Distribution.Professional translationsFirst come First service basis. First Check Order Seminar for Mentoring and promoting leadership of Pastors of small churches near the community Purchasing the books and materials for educating leaders. Not Selling books and materials.Free Distribution.First come First service basis.

Program 2

Expenses: $15,000

Scholarship for New Leadership (15 persons)

Program 3

Making the Chritian Visual Materials for educating christian kids.

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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 (2023)

Revenue Breakdown

Contributions & Grants $60,000

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $60,000

Expense Breakdown

Grants Paid $25,000

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $35,000

Other Expenses $10,000

TOTAL EXPENSES $35,000

Year-over-Year Comparison

	2023	2022	Change
Revenue	$60,000	$69,190	-0.1%
Expenses	$35,000	$3,646	+8.6%
Net Income	$25,000	$65,544	-0.6%

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

N/A

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
JEREMIAH CHUHYOK IM	CFO AND DIRECTOR	7.00	Officer	$0	$0	$0
CHOONMIN JOSHUA KANG	PRESIDENTDIRECTORSENIOR PAS	10.00	Officer	$0	$0	$0
GRACE HEEJONG KANG	DIRECTOR AND MANAGEMENT	13.00	Key Emp	$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
2023	$60,000	$35,000	$242,955	$25,000
2022	$69,190	$3,646	$217,955	$65,544
2021	$80,151	$3,830	$152,411	$76,321
2020	$85,000	$8,910	$76,090	$76,090