LEWISVILLE, TX
4 risk indicators measuring financial stability and operational resilience
Sign in with your work email to view Tuckman-Chang indicators
Sign In — Free (10 views/day)NEW CREATION TRAINING CENTER INC, founded in 2022, is a small nonprofit in the Religion sector that reported $406K in total revenue in fiscal year 2024. Revenue surged 230% from the prior year, signaling strong growth momentum. The organization ran a surplus of $230K, a strong 57% operating margin.
The specific purpose for which the corporation is initially organized is to teach and preach the gospel to all people, conduct evangelistic activities, support foreign missions, license and ordain ministers of the gospel, provide religious, charitable and humanitarian services and to also engage in activities which are necessary, suitable or convenient for the accomplishment of that purpose, or which are incidental thereto or connected therewith which are consistent with Section 501(c)(3) of the Internal Revenue Code. This corporation is organized and operated exclusively for religious purposes within the meaning of Section 501(c)(3), Internal Revenue Code.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
Sign in to view Trantor Score and financial metrics
Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2024 | 2023 | Change | |
|---|---|---|---|
| Revenue | $405,837 | $123,049 | +2.3% |
| Expenses | $175,408 | $45,361 | +2.9% |
| Net Income | $230,429 | $77,688 | +2.0% |
Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics
Financial Distress Indicator
Liquidity & Cash Position
Sign in to view all financial metrics
Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| KYUSONG CHO | President | 40.00 |
Director
|
$63,245 | $0 | $63,245 |
| PAULA KIM | Vice President | 40.00 |
Director
|
$36,000 | $0 | $36,000 |
| JUEUN NOH | Treasurer | 0.00 |
Director
|
$0 | $0 | $0 |
| BRANDON CHUNG | Secretary | 0.00 |
Director
|
$0 | $0 | $0 |
| JINHO KIM | Director | 0.00 |
Director
|
$0 | $0 | $0 |
| BYUNGHWA KIM | Director | 0.00 |
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | $405,837 | $175,408 | $351,681 | $230,429 |
Compare NEW CREATION TRAINING CENTER INC with other nonprofits in Texas and across the country.