NEW HOPE CHURCH OF SOUTHERN CALIFORNIA

EIN: 900943913 501(c)(3) Religion

DOWNEY, CA

Total Revenue
$401,877
Total Expenses
$347,290
Total Assets
$129,113
Net Assets
$129,113
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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
CA
Principal Officer
SEONG WON KIM
Phone
5626743016
Tax Period
2020-01-01 to 2020-12-31

NEW HOPE CHURCH OF SOUTHERN CALIFORNIA, founded in 2018, is a small nonprofit in the Religion sector that reported $402K in total revenue in fiscal year 2020. Expenses of $347K left a modest 14% surplus.

Mission

TO CLAIM THE SALVATION OF GOD THROUGH JESUS CHRIST BY MINIISTERING TO INDIVIDUALS AND FAMILIES IN THE COMMUNITY.

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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 (2020)

Revenue Breakdown

Contributions & Grants $401,877
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $401,877

Expense Breakdown

Grants Paid $0
Salaries & Benefits $193,140
Fundraising Expenses $0
Program Expenses $245,623
Other Expenses $154,150
TOTAL EXPENSES $347,290

Year-over-Year Comparison

2020 2019 Change
Revenue $401,877 N/A N/A
Expenses $347,290 N/A N/A
Net Income $54,587 N/A N/A
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
3
Employees
1
Volunteers
10

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
0
$0
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
1
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
SEONG WON KIM PASTOR 40.00
Highest
$27,705 $0 $27,705
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
2020 $401,877 $347,290 $129,113 $54,587
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