BETHEL CLASSICAL ACADEMY

EIN: 870963539 501(c)(3) Education

IRVINE, CA

Total Revenue
$1,327,458
Total Expenses
$874,376
Total Assets
$2,126,083
Net Assets
$2,126,083
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2021
Legal Domicile
CA
Phone
9498544013
Tax Period
2024-07-01 to 2025-06-30

BETHEL CLASSICAL ACADEMY, founded in 2021, is a community nonprofit in the Education sector that reported $1.3M in total revenue in fiscal year 2024. Revenue decreased 13% compared to the prior year. The organization ran a surplus of $453K, a strong 34% operating margin.

Mission

The fundamental purpose of BCA, as a school, is to educate with excellence. We believe that truly outstanding education can never be accomplishedapart from a central recognition of God as Truth and the source of all wisdom. The wisdom of this world is foolishness with God. Corinthians 3:19. Forthis reason, all subject matter at BCA must be taught from a Biblical worldview, explicitly recognizing the centrality of God in all learning and discourse.Happy is the man who finds wisdom, and the man who gains understanding; for her proceeds are better than the profits of silver, and her gain than finegold. She is more precious than rubies, and all the things you may desire cannot compare with her. Proverbs 2:13-15. In the pursuit of knowledge andwisdom, it is our desire to equip students not only with an excellent understanding of academic subjects but also with a mature understanding of thenature of God, our relationship and responsibility to God and others, our moral responsibility for the

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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 (2024)

Revenue Breakdown

Contributions & Grants $680,642
Program Service Revenue $583,748
Investment Income $63,068
Other Revenue $0
TOTAL REVENUE $1,327,458

Expense Breakdown

Grants Paid $0
Salaries & Benefits $704,861
Fundraising Expenses $0
Program Expenses $830,659
Other Expenses $169,515
TOTAL EXPENSES $874,376

Year-over-Year Comparison

2024 2023 Change
Revenue $1,327,458 $1,532,500 -0.1%
Expenses $874,376 $689,219 +0.3%
Net Income $453,082 $843,281 -0.5%
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

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Governance

Voting Members
3
Independent Members
N/A
Employees
15
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
3
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
BRYAN H KIM President & CEO 0.00
Officer Director
$0 $0 $0
SEUNG NACK JEONG Secretary 0.00
Officer Director
$0 $0 $0
CHAE WON SONG CFO 0.00
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 $1,327,458 $874,376 $2,126,083 $453,082
2024 No data No data No data No data
2023 $1,215,240 $602,982 $829,798 $612,258
2022 $374,106 $301,088 $357,808 $73,018
2021 $442,208 $297,764 $244,162 $144,444
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