Immanuel Cambodia

EIN: 825169729 501(c)(3) Education

Cupertino, CA

Total Revenue
$656,700
Total Expenses
$960,753
Total Assets
$107,986
Net Assets
$107,986
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2018
Legal Domicile
CA
Principal Officer
Young Bae Samuel Park
Phone
4087591775
Tax Period
2023-07-01 to 2024-06-30

Immanuel Cambodia, founded in 2018, is a small nonprofit in the Education sector that reported $657K in total revenue in fiscal year 2023. Revenue decreased 15% compared to the prior year. Expenses of $961K exceeded revenue, resulting in a 46% operating deficit.

Mission

This organization established and operates an international school in Cambodia, which is named Conrnerstone International Academy. The school is located in the little village of Prey Kcheay, which is located two hours south of the Phnom Penh, the capital city of Cambodia. The school provides education for the underprivileged population. It has opened the school for Kindergarten and first-grade students in its first year of operation. It will then add one higher grade level in each of the successive years until it has all Kindergarten through 12th grade levels in 12 years. The school plans to serve a total of about 600 to 700 students when all grade levels are filled in 12 years. All classes will be required to use the curriculum developed by the Ministry of Education in Cambodia. The school plans to add additional curriculum on top of these required curricula. The additional curriculum will include other enrichment programs such as art, music, science labs, computer technology, sports,

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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 $656,700
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $656,700

Expense Breakdown

Grants Paid $960,000
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $960,753
Other Expenses $753
TOTAL EXPENSES $960,753

Year-over-Year Comparison

2023 2022 Change
Revenue $656,700 $776,200 -0.2%
Expenses $960,753 $688,585 +0.4%
Net Income $-304,053 $87,615 -4.5%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Liquidity & Cash Position

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Governance

Voting Members
6
Independent Members
N/A
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
3
$0
Total Directors
6
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Young Bae Samuel Park CEO 1.00
Officer Director
$0 $0 $0
Thomas Yong Park Secretary 1.00
Officer Director
$0 $0 $0
Lawrence Tsai CFO 1.00
Officer Director
$0 $0 $0
David Chong Director 1.00
Director
$0 $0 $0
Winston Wong Director 1.00
Director
$0 $0 $0
Ilsong Lee Director 1.00
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 $656,700 $960,753 $107,986 $-304,053
2023 $776,200 $688,585 $412,039 $87,615
2022 $333,600 $16,342 $324,424 $317,258
2021 $280,725 $411,262 $7,166 $-130,537
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