CHOONG HYUN WORLD NEWTHING MISSION INC (EIN 954410399) - 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

1992

Legal Domicile

Principal Officer

YOUN-KWEN KOOK

Phone

8185499191

Tax Period

2024-01-01 to 2024-12-31

CHOONG HYUN WORLD NEWTHING MISSION INC, founded in 1992, is a community nonprofit in the Religion sector that reported $1.1M in total revenue in fiscal year 2024. Revenue surged 27% from the prior year, signaling strong growth momentum. The organization ran a surplus of $325K, a strong 30% operating margin.

Mission

MISSIONARY WORKS REACHING OUT TO THE POOR AND UNSAVED PEOPLE IN FOREIGN COUNTRIES.

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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 $1,089,785

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $1,089,785

Expense Breakdown

Grants Paid $404,363

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $764,760

Other Expenses $360,397

TOTAL EXPENSES $764,760

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,089,785	$860,439	+0.3%
Expenses	$764,760	$719,895	+0.1%
Net Income	$325,025	$140,544	+1.3%

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

Governance

Voting Members

Independent Members

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
YOUN-KWEN KOOK	PRESIDENT	5.00	Officer Director	$0	$0	$0
CHOON WOO LEE	VICE PRESIDE	2.00	Officer Director	$0	$0	$0
SAMUEL RHEE	SECRETARY	1.00	Officer Director	$0	$0	$0
MARK SANG LEE	TREASURER	1.00	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
2024	$1,089,785	$764,760	$2,309,187	$325,025
2023	$860,439	$719,895	$1,968,141	$140,544
2022	$1,042,725	$814,295	$1,520,474	$228,430
2021	$637,139	$513,880	$1,444,911	$123,259
2020	$589,337	$573,581	$1,313,256	$15,756

CHOONG HYUN WORLD NEWTHING MISSION INC