Dallas New Life Presbyterian Church (EIN 752525762) - Form 990 Financial Analysis & Trantor Score

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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

1990

Legal Domicile

Principal Officer

YOUNG LEE

Tax Period

2024-01-01 to 2024-12-31

Dallas New Life Presbyterian Church, founded in 1990, is a small nonprofit that reported $629K in total revenue in fiscal year 2024. Revenue surged 700% from the prior year, signaling strong growth momentum. Expenses of $1.1M exceeded revenue, resulting in a 69% operating deficit.

Mission

This entity is organized and operated exclusively for religious purposes. The specific and primary purposes are to conduct and maintain christian education and religious worship of christian religion.

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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 (2024)

Revenue Breakdown

Contributions & Grants $19,725

Program Service Revenue $0

Investment Income $609,097

Other Revenue $0

TOTAL REVENUE $628,822

Expense Breakdown

Grants Paid $0

Salaries & Benefits $7,100

Fundraising Expenses $0

Other Expenses $1,056,400

TOTAL EXPENSES $1,063,500

Year-over-Year Comparison

	2024	2023	Change
Revenue	$628,822	$78,632	+7.0%
Expenses	$1,063,500	$163,855	+5.5%
Net Income	$-434,678	$-85,223	+4.1%

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

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
YOUNG OK LEE	President	001.00	Officer	$0	$0	$0
KUSOON SHINN	Treasurer	001.00	Officer	$0	$0	$0
YOON Y LEE	Secretary	001.00	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
2024	$628,822	$1,063,500	$408,743	$-434,678
2023	$78,632	$163,855	$840,818	$-85,223
2022	$110,227	$175,373	$901,249	$-65,146
2021	$113,585	$183,667	$977,379	$-70,082
2019	$91,024	$140,949	$1,136,285	$-49,925

Dallas New Life Presbyterian Church