Immanuel Cambodia

Nonprofit profile at a glance

EIN
825169729
IRS 990 coverage
2020–2024
Forms available
Form 990 2024, Form 990-EZ 2018
Location
Fullerton, CA, USA
Phone
5623760560
Rating
58
Verdict
MIXED
Rating confidence
Moderate
Sector
Primary, Elementary Schools

Reported finances

Revenue
$1,089,699
Expenses
$1,076,254
Assets
$121,431
Liabilities
$0

Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

6 people listed

Executive titles in this filing

  • Young Bae Samuel Park (President)

People named in this filing

  • Young Bae Samuel Park (President)
  • Thomas Yong Park (Secretary)
  • Lawrence Tsai (CFO)

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

Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

This organization established and operates an international school in Cambodia, which is named Conrnerstone International Academy. The school is located in the little village of Prey Kcheay, which is located two hours south of the Phnom Penh, the capital city of Cambodia. The school provides education for the underprivileged population. It has opened the school for Kindergarten and first-grade students in its first year of operation. It will then add one higher grade level in each of the successive years until it has all Kindergarten through 12th grade levels in 12 years. The school plans to serve a total of about 600 to 700 students when all grade levels are filled in 12 years. All classes will be required to use the curriculum developed by the Ministry of Education in Cambodia. The school plans to add additional curriculum on top of these required curricula. The additional curriculum will include other enrichment programs such as art, music, science labs, computer technology, sports,

What it reported doing in 2024

The organization started constructing a school building on a 37-acre land which few individuals from the U.S leased to the organization rent-free. The construction started in March 2017 and the first phase of the construction was completed by April 2019. The first phase included the building of enough classrooms for Kindergarten to the second 2nd grades. Phase two construction for Immauel Community Center was immediately follow that and was completed by October 2021. Phase three the CIA Primary school was completed in December 2023. Currently, the organization is constructing the Church & domitory exetntion. The project will be completed by 2025 for middle school (7th through 9th). Phase five construction will be completed by 2027 for high school (10th through 12th).

Operating model

Revenue model
Donor-supported. 100% of the money available for current operations came from contributions and gifts.
Distribution model
Grant intermediary. The nonprofit sent 100% of its reported program spending out as grants.

The verdict

MIXED - A large share of available resources goes toward mission work and program spending has grown recently. A relatively small share of voting board members are independent and some filing-based governance responses are negative or unanswered.

Rating breakdown

  • Financial Efficiency: 88
  • Transparency & Controls: 52
  • Accountability: 0
  • Sustainability: 41
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 98.8%; rating input score 99
  • Program expense ratio: 100%; rating input score 100
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 88.9%; rating input score 89; 4th percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: 1 of 8 controls in place; rating input score 12
    • Claims monitoring procedures: Pass
    • Requires narrative reports: Fail
    • Conducts field audits: Fail
    • May suspend future funding: Fail
    • Requires financial reports: Fail
    • Conducts site visits: Fail
    • Requires grant agreements: Fail
    • May require repayment: Fail
  • Grant itemization coverage: 0%; rating input score 0; 13th percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 0%; rating input score 0; 5th percentile among comparable filings
  • Governance controls: 0 of 7 controls in place; rating input score 0
    • Conflict-of-interest policy: Fail
    • Whistleblower policy: Fail
    • Document-retention policy: Fail
    • CEO compensation review process: NotApplicable
    • Other executive compensation review process: NotApplicable
    • Form 990 shared with the board: Fail
    • Board meeting minutes documented: Fail
    • Audit committee oversight: Missing
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: 1.2%; rating input score 40; 40th percentile among comparable filings
  • Total-asset coverage ratio: 0.11; rating input score 5; 5th percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 91; 91st percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 81; 81st percentile among comparable filings

Growth

  • Program expense growth: 36.1% per year; rating input score 100; 92nd percentile among comparable filings
  • Revenue growth: 29.4% per year; rating input score 100; 92nd percentile among comparable filings
  • Asset growth: 7.8% per year; rating input score 100; 51st percentile among comparable filings

Details

  • Where the money goes: 98.8% of revenue deployed · 100% of spending went to programs
  • Governance: 0 of 6 board members independent · 0 of 7 filing controls reported
  • Programs: 1 filed program accomplishment · $1.1M in reported program spending
  • Leadership: top reported pay $0 · 6 people listed
  • Consistency: 11 of 12 current checks pass · 1 finding to review
  • Schedules: 4 filed schedules · includes major donors and foreign activity
  • Filing history: 5 filing years from 2020 to 2024
  • Contacts: How to reach this organization
  • 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 — Accountability: Independent voting board scored 0/100.
  • High — Accountability: Governance controls: 6 of 6 not reported.
  • High — Transparency & Controls: Grant itemization coverage scored 0/100.
  • High — Transparency & Controls: Foreign activity oversight: 7 of 8 not reported.
  • Moderate — Sustainability: Operating margin scored 40/100.
  • High — Sustainability: Total-asset coverage ratio scored 5/100.
  • Review — Transparency & Controls: Foreign grant itemization did not reconcile in the filed values.