INTERNATIONAL BAPTIST CHURCH OF ABILENE

EIN: 752620249 501(c)(3) Religion

ABILENE, TX

Total Revenue
$98,332
Total Expenses
$86,739
Total Assets
$468,176
Net Assets
$468,176
🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
1987
Legal Domicile
TX
Principal Officer
SEO JANG WON
Phone
6822521059
Tax Period
2022-01-01 to 2022-12-31

INTERNATIONAL BAPTIST CHURCH OF ABILENE, founded in 1987, is a micro nonprofit in the Religion sector that reported $98K in total revenue in fiscal year 2022. Revenue surged 39% from the prior year, signaling strong growth momentum. Expenses of $87K left a modest 12% surplus.

Mission

We are a Korean Based multi-cultural community of believers that seek to reach all internationals for Christ. The International Baptist Church of Abilene exists to glorify God by gathering as a spiritual family, giving love to neighbors, going into the world with the gospel, and growing disciples of all nations and generations.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Sign In — Free (10 views/day)

Financial Overview (2022)

Revenue Breakdown

Contributions & Grants $98,332
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $98,332

Expense Breakdown

Grants Paid $0
Salaries & Benefits $44,562
Fundraising Expenses $0
Program Expenses $0
Other Expenses $42,177
TOTAL EXPENSES $86,739

Year-over-Year Comparison

2022 2021 Change
Revenue $98,332 $70,804 +0.4%
Expenses $86,739 $60,580 +0.4%
Net Income $11,593 $10,224 +0.1%
Key Indicators
✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required
🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Sign In

Governance

Voting Members
1
Independent Members
1
Employees
1
Volunteers
1

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
0
$0
Total Directors
0
$0
Key Employees
1
$34,956
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
SEO JANG WON PASTOR 40.00
Key Emp
$34,956 $0 $34,956
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
2022 $98,332 $86,739 $468,176 $11,593
Explore More Nonprofits
→Top 100 Nonprofits in Texas →Largest U.S. Nonprofits →Best Rated Nonprofits →Most Efficient Nonprofits

Compare INTERNATIONAL BAPTIST CHURCH OF ABILENE with other nonprofits in Texas and across the country.

We Value Your Privacy
We use cookies and similar technologies to analyze site traffic and improve your experience. By clicking "Accept All", you consent to our use of cookies for analytics and measurement.