LOVE AND HOPE MISSION CORP (EIN 813417067) - 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

2016

Legal Domicile

Principal Officer

SEUNG JIN KIM

Tax Period

2023-07-01 to 2024-06-30

LOVE AND HOPE MISSION CORP, founded in 2016, is a small nonprofit in the International Affairs sector that reported $163K in total revenue in fiscal year 2023. Revenue fell 29% from the prior year — a significant decline worth monitoring. Expenses of $142K left a modest 13% surplus.

Mission

TO BE DEDICATED TO PROMOTING AND ENHANCING CHRISTIAN MISSIONS FOR THE THIRD WORLD COUNTRIES THROUGH ENCOURAGING, SUPPORTING AND FACILITATING THE DEVELOPMENT OF NETWORKS AMONG CHURCH CONGREGATIONS AND ETHNIC MINISTRIES AND THROUGH COOPERATION WITH OTHER RELIGIOUS, CHARITABLE, OR NONPROFIT ORGANIZATIONS WHICH SHARE OUR RELIGIOUS MISSION AND PURPOSES.

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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 (2023)

Revenue Breakdown

Contributions & Grants $163,370

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $163,370

Expense Breakdown

Grants Paid $84,500

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $137,287

Other Expenses $57,770

TOTAL EXPENSES $142,270

Year-over-Year Comparison

	2023	2022	Change
Revenue	$163,370	$230,678	-0.3%
Expenses	$142,270	$195,330	-0.3%
Net Income	$21,100	$35,348	-0.4%

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
SEUNG JIN KIM	PRESIDENT	8.00	Officer Director	$0	$0	$0
NANCY NANSOO KIM	DIRECTOR	2.00	Director	$0	$0	$0
SUNG MIN SUH	DIRECTOR	2.00	Director	$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
2025	No data	No data	No data	No data
2024	$163,370	$142,270	$586,979	$21,100
2024	No data	No data	No data	No data
2023	$230,678	$195,330	$565,879	$35,348
2022	$347,183	$178,551	$530,530	$168,632
2021	$282,033	$215,563	$361,898	$66,470
2020	$264,169	$247,839	$295,428	$16,330
2019	$310,250	$210,359	$279,098	$99,891

LOVE AND HOPE MISSION CORP