WORLD ICC (EIN 814441935) - 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

ELAINE KIM

Phone

3109483110

Tax Period

2024-01-01 to 2024-12-31

WORLD ICC, founded in 2016, is a micro nonprofit in the Religion sector that reported $23K in total revenue in fiscal year 2024. Revenue fell 89% from the prior year — a significant decline worth monitoring. Expenses of $32K exceeded revenue, resulting in a 37% operating deficit.

Mission

1. BUILDING BRIDGES BETWEEN ANYONE WHO WHISH TO SUPPORT THE MISSION AND THE MISSIONARIES BY SUPPORTING THE MISSION FIELD. 2. CHURCH - NON DENOMINATION

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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 $23,478

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $23,478

Expense Breakdown

Grants Paid $0

Salaries & Benefits $6,723

Fundraising Expenses $0

Program Expenses $28,235

Other Expenses $25,506

TOTAL EXPENSES $32,229

Year-over-Year Comparison

	2024	2023	Change
Revenue	$23,478	$207,314	-0.9%
Expenses	$32,229	$206,893	-0.8%
Net Income	$-8,751	$421	-21.8%

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

Volunteers

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

$6,000

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JIN SOO PARK	CFO	12.00	Officer	$6,000	$0	$6,000
ELAINE KIM	CEO	20.00	Officer	$0	$0	$0
AGNES OH	SECRETARY	12.00	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	$23,478	$32,229	$313	$-8,751
2023	$207,314	$206,893	$9,064	$421
2022	$145,602	$146,721	$54,830	$-1,119
2019	$31,284	$29,858	$26,790	$1,426
2018	$8,424	$26,956	$12,186	$-18,532

WORLD ICC