HARVEST CONNECTION (EIN 842378091) - 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

2019

Legal Domicile

Principal Officer

SEUNG Y PAIK

Phone

5719992798

Tax Period

2024-01-01 to 2024-12-31

HARVEST CONNECTION, founded in 2019, is a small nonprofit in the Religion sector that reported $182K in total revenue in fiscal year 2024. Revenue decreased 10% compared to the prior year. Expenses of $172K left a modest 5% surplus.

Mission

BRING CONNECTION TO CHURCHES FOR MINISTRY AND EDUCATION IN LOCAL AND GLOBAL MISSION

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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 $0

Program Service Revenue $181,547

Investment Income $276

Other Revenue $0

TOTAL REVENUE $181,823

Expense Breakdown

Grants Paid $67,300

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $172,099

Other Expenses $104,799

TOTAL EXPENSES $172,099

Year-over-Year Comparison

	2024	2023	Change
Revenue	$181,823	$201,861	-0.1%
Expenses	$172,099	$192,559	-0.1%
Net Income	$9,724	$9,302	+0.0%

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
JOHN CHO	TREASURER	2.00	Officer	$0	$0	$0
SEUNG YUN PAIK	PRESIDENT	20.00	Officer	$0	$0	$0
NATHAN LEE	EXECUTIVE DIRECTOR	15.00	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	$181,823	$172,099	$40,480	$9,724
2023	$201,861	$192,559	$34,756	$9,302
2022	$300,491	$294,773	$21,109	$5,718
2021	$220,910	$202,682	$18,228	$18,228

HARVEST CONNECTION