IRVINE ONNURI CHURCH

EIN: 760720356 501(c)(3) Religion

IRVINE, CA

Total Revenue
$5,783,252
Total Expenses
$4,114,212
Total Assets
$7,942,915
Net Assets
$7,942,915
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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
2002
Legal Domicile
CA
Principal Officer
SINWOONG PARK
Phone
9492619100
Tax Period
2023-01-01 to 2023-12-31

IRVINE ONNURI CHURCH, founded in 2002, is a community nonprofit in the Religion sector that reported $5.8M in total revenue in fiscal year 2023. Revenue surged 29% from the prior year, signaling strong growth momentum. The organization ran a surplus of $1.7M, a strong 29% operating margin.

Mission

CHURCH ORGANIZATION

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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 $5,783,252
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $5,783,252

Expense Breakdown

Grants Paid $0
Salaries & Benefits $1,267,576
Fundraising Expenses $0
Program Expenses $1,845,501
Other Expenses $2,846,636
TOTAL EXPENSES $4,114,212

Year-over-Year Comparison

2023 2022 Change
Revenue $5,783,252 $4,499,639 +0.3%
Expenses $4,114,212 $3,704,803 +0.1%
Net Income $1,669,040 $794,836 +1.1%
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

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Governance

Voting Members
3
Independent Members
3
Employees
57
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
$59,412
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
SINWOONG PARK CEO 30.00
Officer
$59,412 $0 $59,412
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 No data No data No data No data
2023 $5,783,252 $4,114,212 $7,942,915 $1,669,040
2022 $4,499,639 $3,704,803 $6,273,875 $794,836
2021 $4,129,533 $3,364,484 $5,479,039 $765,049
2020 $3,239,191 $2,736,973 $4,919,348 $502,218
2020 $3,263,339 $2,966,479 $4,902,990 $296,860
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