KOREAN EVANGELICAL CHURCH OF AMERICA (EIN 953819260) - Form 990 Financial Analysis & Trantor Score

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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

1982

Legal Domicile

Principal Officer

REV ZION KIM

Phone

4245583443

Tax Period

2024-04-01 to 2025-03-31

KOREAN EVANGELICAL CHURCH OF AMERICA, founded in 1982, is a community nonprofit in the Religion sector that reported $1.2M in total revenue in fiscal year 2024. Net assets of $3.2M represent 33 months of operating reserves.

Mission

THIS IS THE HEADQUARTER OF KOREAN EVANGELICAL CHURCHES IN AMERICA. IT HELD ANNUAL MEETINGS AND SUPPORTS MISSIONARY.

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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%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $1,102,245

Program Service Revenue $0

Investment Income $7,674

Other Revenue $44,820

TOTAL REVENUE $1,154,739

Expense Breakdown

Grants Paid $0

Salaries & Benefits $74,549

Fundraising Expenses $0

Program Expenses $985,092

Other Expenses $1,078,172

TOTAL EXPENSES $1,152,721

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,154,739	$1,130,104	+0.0%
Expenses	$1,152,721	$1,088,042	+0.1%
Net Income	$2,018	$42,062	-1.0%

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

Governance

Voting Members

Independent Members

Employees

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

$12,000

Total Directors

$12,000

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
REV ZION KIM	GENERAL MANA	10.00	Officer Director	$12,000	$0	$12,000
JOUSHUA AHN	VICE PRESIDE	N/A	Director	$0	$0	$0
YOHAN HUR	VICE CFO	N/A	Director	$0	$0	$0
IN CHUNG JUNG	VICE PRESIDE	N/A	Director	$0	$0	$0
JU HYUN JUNG	CFO	N/A	Officer Director	$0	$0	$0
JONG HO KIM	PRESIDENT	N/A	Officer Director	$0	$0	$0
JONG MIN KIM	SECRETARY	N/A	Director	$0	$0	$0
SUK LEE	VICE SECRETA	N/A	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	$1,154,739	$1,152,721	$3,864,673	$2,018
2024	$1,130,104	$1,088,042	$3,879,494	$42,062
2023	$1,134,277	$1,087,818	$3,853,690	$46,459
2022	$968,836	$988,184	$3,826,304	$-19,348
2021	$911,457	$990,633	$3,878,894	$-79,176
2020	$3,272,595	$892,291	$3,208,175	$2,380,304
2019	$606,508	$658,160	$1,017,012	$-51,652

KOREAN EVANGELICAL CHURCH OF AMERICA