THE LIGHT EVANGELICAL CHURCH OF WEST COVINA

EIN: 954135381 501(c)(3)

BUENA PARK, CA

Total Revenue
$390,956
Total Expenses
$388,602
Total Assets
$721,152
Net Assets
$721,152
🔒

Financial Vulnerability Assessment (Tuckman-Chang)

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)

Financial Trends

Organization Details

Formation Year
1987
Legal Domicile
CA
Principal Officer
KWANGIL CHA
Phone
7146706778
Tax Period
2023-01-01 to 2023-12-31

THE LIGHT EVANGELICAL CHURCH OF WEST COVINA, founded in 1987, is a small nonprofit that reported $391K in total revenue in fiscal year 2023. Revenue decreased 19% compared to the prior year.

Mission

The mission of the Light Evangelical Church is to serve the Lord Jesus Christ by proclaiming,worshiping, teaching the truths of His Word and preparing members for life in the world and in heaven

🔒

Trantor Score

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)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $390,956
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $390,956

Expense Breakdown

Grants Paid $0
Salaries & Benefits $88,493
Fundraising Expenses $0
Other Expenses $300,109
TOTAL EXPENSES $388,602

Year-over-Year Comparison

2023 2022 Change
Revenue $390,956 $480,606 -0.2%
Expenses $388,602 $404,712 0.0%
Net Income $2,354 $75,894 -1.0%
Key Indicators
✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required
🔒

Financial Health Indicators

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

Governance

Voting Members
5
Independent Members
N/A
Employees
N/A
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
3
$0
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
KWANGIL CHA PRESIDENT 40
Officer
$0 $0 $0
DONGHYUN SONG TREASURER 40
Officer
$0 $0 $0
SUZAN CHA SECRETARY 40
Officer
$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
2024 No data No data No data No data
2023 $390,956 $388,602 $721,152 $2,354
Explore More Nonprofits
→Top 100 Nonprofits in California →Largest U.S. Nonprofits →Best Rated Nonprofits →Most Efficient Nonprofits

Compare THE LIGHT EVANGELICAL CHURCH OF WEST COVINA with other nonprofits in California and across the country.

We Value Your Privacy
We use cookies and similar technologies to analyze site traffic and improve your experience. By clicking "Accept All", you consent to our use of cookies for analytics and measurement.