Onesimus Ministry (EIN 954677360) - 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

1998

Legal Domicile

Principal Officer

Derek Yim

Phone

7147399100

Tax Period

2024-01-01 to 2024-12-31

Onesimus Ministry, founded in 1998, is a small nonprofit in the Religion sector that reported $122K in total revenue in fiscal year 2024. Expenses of $158K exceeded revenue, resulting in a 29% operating deficit.

Mission

Ministry/Mission for people in jail

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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 $122,207

Program Service Revenue $0

Investment Income $149

Other Revenue $0

TOTAL REVENUE $122,356

Expense Breakdown

Grants Paid $0

Salaries & Benefits $99,014

Fundraising Expenses $0

Program Expenses $115,315

Other Expenses $58,685

TOTAL EXPENSES $157,699

Year-over-Year Comparison

	2024	2023	Change
Revenue	$122,356	$122,356	N/A
Expenses	$157,699	$157,700	0.0%
Net Income	$-35,343	$-35,344	0.0%

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

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

$62,285

Total Directors

Key Employees

$27,112

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
John S Choi	Rev. & President	40.00	Officer	$42,285	$0	$42,285
Suk Ki Kim	Secretary	40.00	Officer	$20,000	$0	$20,000
Kyung S Kim	Secretary	40.00		$4,000	$0	$4,000
Caroline H Choi	Operating Officer	40.00	Key Emp	$27,112	$0	$27,112

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	$122,356	$157,699	$749,526	$-35,343
2023	$162,845	$175,720	$785,149	$-12,875
2022	$182,541	$193,282	$714,276	$-10,741
2021	$197,690	$175,204	$796,726	$22,486
2020	$109,653	$144,571	$782,540	$-34,918
2019	$136,420	$197,483	$791,939	$-61,063
2018	$178,282	$208,754	$823,165	$-30,472
2018	$178,282	$208,754	$823,165	$-30,472

Onesimus Ministry