BAKERSFIELD KOREAN BAPTIST CHURCH

EIN: 770370979 501(c)(3) Religion

BAKERSFIELD, CA

Total Revenue
$71,662
Total Expenses
$78,290
Total Assets
$513,113
Net Assets
$513,113
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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

Legal Domicile
CA
Principal Officer
SUNHO YUN
Tax Period
2020-01-01 to 2020-12-31

BAKERSFIELD KOREAN BAPTIST CHURCH is a micro nonprofit in the Religion sector that reported $72K in total revenue in fiscal year 2020. Net assets of $513K represent 86 months of operating reserves.

Mission

TRADITIONAL CHRISTIAN MINISTRY FOCUS ON WORSHIP, SERVICE, BIBLE TEACHING AND FELLOWSHIP

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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 (2020)

Revenue Breakdown

Contributions & Grants $71,662
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $71,662

Expense Breakdown

Grants Paid $0
Salaries & Benefits $8,612
Fundraising Expenses $0
Program Expenses $78,290
Other Expenses $69,678
TOTAL EXPENSES $78,290

Year-over-Year Comparison

2020 2019 Change
Revenue $71,662 N/A N/A
Expenses $78,290 N/A N/A
Net Income $-6,628 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
3
Independent Members
25
Employees
1
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
3
$0
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ARTHUR PARK CFO 6.00
Officer
$0 $0 $0
JEAN PARK SECRETARY 6.00
Officer
$0 $0 $0
SUNHO YUN CEO 6.00
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
2020 $71,662 $78,290 $513,113 $-6,628
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