ONNURI CHURCH OF ANCHORAGE

EIN: 920174916 501(c)(3) Religion

ANCHORAGE, AK

Total Revenue
$294,877
Total Expenses
$314,906
Total Assets
$1,276,710
Net Assets
$1,126,710
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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
2001
Legal Domicile
AK
Principal Officer
HAN K CHOE
Phone
9075699191
Tax Period
2023-01-01 to 2023-12-31

ONNURI CHURCH OF ANCHORAGE, founded in 2001, is a small nonprofit in the Religion sector that reported $295K in total revenue in fiscal year 2023. Revenue decreased 13% compared to the prior year. Net assets of $1.1M represent 46 months of operating reserves.

Mission

Christian church providing worship education and mission serivce

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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 $281,570
Program Service Revenue $13,307
Investment Income $0
Other Revenue $0
TOTAL REVENUE $294,877

Expense Breakdown

Grants Paid $0
Salaries & Benefits $134,988
Fundraising Expenses $0
Other Expenses $179,918
TOTAL EXPENSES $314,906

Year-over-Year Comparison

2023 2022 Change
Revenue $294,877 $339,125 -0.1%
Expenses $314,906 $339,662 -0.1%
Net Income $-20,029 $-537 +36.3%
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
6
Independent Members
N/A
Employees
2
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
1
$63,000
Total Directors
1
$63,000
Key Employees
2
$100,800
Highest Compensated
2
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JAE B SUH SENIOR PASTOR 060.00
Officer Director Key Emp Highest
$63,000 $0 $63,000
KYUNGHO RO ASSOCIATE PASTOR 060.00
Key Emp Highest
$37,800 $0 $37,800
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 No data No data No data No data
2023 $294,877 $314,906 $1,276,710 $-20,029
2022 $339,125 $339,662 $1,311,248 $-537
2021 $354,459 $273,165 $1,314,794 $81,294
2020 $312,398 $267,663 $1,494,347 $44,735
2019 $416,932 $429,308 $1,352,333 $-12,376
2018 $500,017 $391,014 $1,407,934 $109,003
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