KOREAN PILGRIM BAPTIST CHURCH

EIN: 953447961 501(c)(3)

ALHAMBRA, CA

Total Revenue
$228,093
Total Expenses
$113,765
Total Assets
$451,265
Net Assets
$424,943
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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
1978
Principal Officer
KI YOUNG LEE
Phone
6265701610
Tax Period
2018-01-01 to 2018-12-31

KOREAN PILGRIM BAPTIST CHURCH, founded in 1978, is a small nonprofit that reported $228K in total revenue in fiscal year 2018. Revenue decreased 11% compared to the prior year. The organization ran a surplus of $114K, a strong 50% operating margin.

Mission

TO OPERATE A CHURCH TO WORSHIP GOD AND TO SHARE THE GOSPEL OF JESUS CHRIST THROUGH THE ACTIVITIES OF THE CORPORATION

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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 (2018)

Revenue Breakdown

Contributions & Grants $228,093
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $228,093

Expense Breakdown

Grants Paid $0
Salaries & Benefits $52,500
Fundraising Expenses $0
Program Expenses $99,017
Other Expenses $61,265
TOTAL EXPENSES $113,765

Year-over-Year Comparison

2018 2017 Change
Revenue $228,093 $257,247 -0.1%
Expenses $113,765 $133,927 -0.2%
Net Income $114,328 $123,320 -0.1%
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
2
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
3
$30,000
Total Directors
3
$30,000
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
KI YOUNG LEE CFO 40.00
Officer Director
$30,000 $0 $30,000
BRAD LEE CEO 5.00
Officer Director
$0 $0 $0
HELEN JU LEE Secretary 5.00
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
2018 $228,093 $113,765 $451,265 $114,328
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