KOREAN BIBLE FUNDS

EIN: 680461178 501(c)(3) Religion

WALNUT CREEK, CA

Total Revenue
$214,351
Total Expenses
$112,828
Total Assets
$239,645
Net Assets
$239,645
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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
2000
Legal Domicile
CA
Phone
4253067966
Tax Period
2018-01-01 to 2018-12-31

KOREAN BIBLE FUNDS, founded in 2000, is a small nonprofit in the Religion sector that reported $214K in total revenue in fiscal year 2018. The organization ran a surplus of $102K, a strong 47% operating margin.

Mission

TO PROMOTE AND ADVANCE CHRISTIANITY BY DISTRIBUTING BIBLES AND DISSEMINATE CHRISTIAN TEACHINGS.

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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 $225,266
Program Service Revenue $0
Investment Income $-10,915
Other Revenue $0
TOTAL REVENUE $214,351

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $107,896
Other Expenses $112,828
TOTAL EXPENSES $112,828

Year-over-Year Comparison

2018 2017 Change
Revenue $214,351 N/A N/A
Expenses $112,828 N/A N/A
Net Income $101,523 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
1
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
1
$0
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
UOO CHUNG KANG Secretary 0.00
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
2018 $214,351 $112,828 $239,645 $101,523
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