Seeds of Worship (EIN 825108180) - 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

2018

Legal Domicile

Principal Officer

Sung Jun Park

Phone

7149048434

Tax Period

2024-09-01 to 2025-08-31

Seeds of Worship, founded in 2018, is a small nonprofit that reported $371K in total revenue in fiscal year 2024. Revenue surged 30% from the prior year, signaling strong growth momentum.

Mission

A ministry that provides a Christ-centered environment for teachers and students to grow spiritually through our understanding that we were created to worship the one who created us. Students use their gifts of dancing, singing, acting, and performing to share the gospel both on and off the stage.

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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 $371,490

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $371,490

Expense Breakdown

Grants Paid $0

Salaries & Benefits $126,000

Fundraising Expenses $0

Program Expenses $348,733

Other Expenses $234,821

TOTAL EXPENSES $360,821

Year-over-Year Comparison

	2024	2023	Change
Revenue	$371,490	$286,000	+0.3%
Expenses	$360,821	$267,933	+0.3%
Net Income	$10,669	$18,067	-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

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
Lisa Park	Secretary	20.00	Officer Director	$0	$0	$0
Sung Jun Park	President	20.00	Officer 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	$371,490	$360,821	$24,540	$10,669
2024	$286,000	$267,933	$13,871	$18,067

Seeds of Worship