GRACE MISSION UNIVERSITY (EIN 954559065) - 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

1995

Legal Domicile

Phone

7145250088

Tax Period

2024-07-01 to 2025-06-30

GRACE MISSION UNIVERSITY, founded in 1995, is a community nonprofit in the Education sector that reported $1.6M in total revenue in fiscal year 2024. Revenue decreased 12% compared to the prior year. Expenses of $1.4M left a modest 12% surplus.

Mission

School of Theology The university educates and supports students to become reformed leaders by providing sufficient knowledge, skills, and proficiency. For this institutional purpose, the university has provided the most effective academic programs and structures.

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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 $130,188

Program Service Revenue $1,459,151

Investment Income $0

Other Revenue $0

TOTAL REVENUE $1,589,339

Expense Breakdown

Grants Paid $0

Salaries & Benefits $837,643

Fundraising Expenses $0

Program Expenses $815,770

Other Expenses $557,678

TOTAL EXPENSES $1,395,321

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,589,339	$1,809,646	-0.1%
Expenses	$1,395,321	$1,570,657	-0.1%
Net Income	$194,018	$238,989	-0.2%

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

$219,590

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
HYUN WAN KIM	SECRETARY	040.00	Officer	$76,690	$0	$76,690
KYUNAM CHOI	PRESIDENT	040.00	Officer	$75,710	$0	$75,710
BYOUNG G LEE	TREASURY	040.00	Officer	$67,190	$0	$67,190

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	$1,589,339	$1,395,321	$2,663,803	$194,018
2024	$1,809,646	$1,570,657	$2,695,404	$238,989
2023	$1,754,598	$1,491,712	$1,703,957	$262,886
2022	$1,748,667	$1,471,654	$1,702,185	$277,013
2021	$1,837,254	$1,545,377	$1,165,518	$291,877
2020	$1,354,424	$1,321,699	$664,980	$32,725
2019	$1,411,365	$1,271,945	$471,541	$139,420

GRACE MISSION UNIVERSITY