Catholic Church Order of Friars Minor Conventual

Nonprofit profile at a glance

EIN
980450618
IRS 990-EZ coverage
2018–2025
Forms available
Form 990-EZ 2025
Location
Torrance, CA, USA
Phone
3103575356
Rating
86
Verdict
STRONG
Rating confidence
Moderate
Sector
Religion Related N.E.C.
Affiliation
Christianity

Reported finances

Revenue
$153,360
Expenses
$183,714
Assets
$153,134

Source: IRS Form 990-EZ. Selected filing: tax year 2025. Amounts in USD.

Leadership & pay

2 people listed

Executive titles in this filing

  • JIN CHOL JEONG (CEO)

People named in this filing

  • JIN CHOL JEONG (CEO)
  • SOONHYUN KOH (CFO, SECRETA)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

Source: IRS Form 990-EZ. Selected filing: tax year 2025. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

A.the franciscan friars will serve as ministers to maria regina korean apostolate in the archdiocese of los angeles b.the franciscan friars will reside at saint bonaventure friary c. The primary concerns for the friars are: to lead the people to be attentive to god's voice at the celebration of the eucharist, and to participate actively in the sacraments and sacred liturgy d.the franciscan friars are sent to preach and proclaim the gospel. To evangelize among the koreans, and to protect the central teaching of our faith, in accord with the vatican ii church teachings to respect and foster the spiritural gifts of the various races and people, and to encourage the incorporation of theses gifts into the liturgy. E. In light of the ethnic communities' common goal in the archdiocese. The franciscan friars are to integrate the gospel value of enhancing the life and dignity of each human person of different race, culture, and economic background into the parish faith community.

What it reported doing in 2025

To support and promote religious activities for members

Operating model

Revenue model
Donor-supported. 98% of the money available for current operations came from contributions and gifts.
Distribution model
Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.

The verdict

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Expenses are high relative to revenue and total assets are small relative to annual expenses; liquid coverage is unknown.

Rating breakdown

  • Financial Efficiency: 95
  • Transparency & Controls: 82
  • Sustainability: 21
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 100%; rating input score 100
  • Program expense ratio: 87.3%; rating input score 87

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
  • Major donor itemization: Limited

Sustainability

  • Operating margin: -19.8%; rating input score 7; 7th percentile among comparable filings
  • Total-asset coverage ratio: 0.83; rating input score 53; 53rd percentile among comparable filings
  • Liabilities to assets ratio: Limited
  • Officer compensation ratio: 20.7%; rating input score 17; 17th percentile among comparable filings

Growth

  • Program expense growth: 4.8% per year; rating input score 100; 44th percentile among comparable filings
  • Revenue growth: 0.5% per year; rating input score 100; 20th percentile among comparable filings
  • Asset growth: 0% per year; rating input score 100; 26th percentile among comparable filings

Details

  • Where the money goes: 100% of revenue deployed · 87.3% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 3 filed program accomplishments · $160K in reported program spending
  • Leadership: top reported pay $0 · 2 people listed
  • Consistency: 6 of 6 current checks pass
  • Schedules: 2 filed schedules
  • Filing history: 7 filing years from 2018 to 2025
  • Contacts: How to reach this organization
  • Money network: 2 filed money-flow records
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • High — Sustainability: Operating margin scored 7/100.
  • Review — Sustainability: Total-asset coverage ratio scored 53/100.
  • High — Sustainability: Officer compensation ratio scored 17/100.