Korean Community Christian Singers

Nonprofit profile at a glance

EIN
821568699
IRS 990-EZ coverage
2018–2021
Forms available
Form 990-EZ 2021
Location
Los Angeles, CA, USA
Phone
2137391326
Rating
68
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Singing, Choral
Affiliation
Christianity

Reported finances

Revenue
$40,375
Expenses
$39,929
Assets
$6,706

Source: IRS Form 990-EZ. Selected filing: tax year 2021. Amounts in USD.

Leadership & pay

3 people listed

Executive titles in this filing

  • DONG GEUN KIM (CEO)

People named in this filing

  • DONG GEUN KIM (CEO)
  • EUN YOUNG KIM (SECRETARY)
  • LYNN CHOI (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-EZ. Selected filing: tax year 2021. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

The objective of the korean community christian singers is to provide the community with quality choral music, to provide members with the opportunity to develope their musical knowledge and skills, and to promote music through public performance.

What it reported doing in 2021

We gave our annual charity concert at first united methodist church of pasadena, located in 500 e. Colorado blvd., pasadena, ca 91101, on december 18, 2021.

Operating model

Revenue model
Earned-program. 69% of the money available for current operations came from fees and other program revenue.
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

SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. Revenue has declined or grown slowly and expenses are high relative to revenue.

Rating breakdown

  • Financial Efficiency: 66
  • Transparency & Controls: 82
  • Sustainability: 30
  • Growth: 20

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 66.4%; rating input score 66
  • Program expense ratio: 67.2%; rating input score 67

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
  • Major donor itemization: Limited

Sustainability

  • Operating margin: 1.1%; rating input score 42; 42nd percentile among comparable filings
  • Total-asset coverage ratio: 0.17; rating input score 12; 12th percentile among comparable filings
  • Liabilities to assets ratio: Limited
  • Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings

Growth

  • Program expense growth: Limited
  • Revenue growth: -11.7% per year; rating input score 0; 27th percentile among comparable filings
  • Asset growth: 23.5% per year; rating input score 100; 87th percentile among comparable filings

Details

  • Where the money goes: 66.4% of revenue deployed · 67.2% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $27K in reported program spending
  • Leadership: top reported pay $0 · 3 people listed
  • Consistency: 6 of 6 current checks pass
  • Schedules: 2 filed schedules
  • Filing history: 4 filing years from 2018 to 2021
  • 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.

Grant-readiness screening is separate from the live rating, not a measure of program quality. Review the source records before making a grant decision.

  • High — Growth: Revenue growth scored 0/100.
  • Moderate — Sustainability: Operating margin scored 42/100.
  • High — Sustainability: Total-asset coverage ratio scored 12/100.
  • Review — Sustainability: Officer compensation ratio scored 56/100.
  • High — Grant Readiness: Automatic revocation: this organization had its federal tax-exempt status automatically revoked.