Korean First Presbyterian Church of Columbia
Nonprofit profile at a glance
- EIN
- 431888513
- IRS 990-EZ coverage
- 2015–2020
- Forms available
- Form 990 2014, Form 990-EZ 2020
- Location
- Columbia, MO, USA
- Rating
- 76
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Affiliation
- Christianity
Reported finances
- Revenue
- $87,277
- Expenses
- $82,445
- Assets
- $47,635
- Liabilities
- $10,891
Source: IRS Form 990-EZ. Selected filing: tax year 2020. Amounts in USD.
Leadership & pay
2 people listed
Executive titles in this filing
- HANJOO PARK (PRESIDENT)
People named in this filing
- HANJOO PARK (PRESIDENT)
- BYUNGCHUL CHUNG (DIRECTOR)
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 2020. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Worship God and become disciple of Jesus
What it reported doing in 2020
Mission Ministry: Supporting missionaries and workers to advance the kingdom of God wordwide
Operating model
- Revenue model
- Donor-supported. 100% 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
SUPPORTED - The filed numbers largely add up and a large share of available resources goes toward mission work. Program spending has declined or grown slowly and revenue has declined or grown slowly.
Rating breakdown
- Financial Efficiency: 68
- Transparency & Controls: 100
- Sustainability: 35
- Growth: 0
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 66.1%; rating input score 66
- Program expense ratio: 70%; rating input score 70
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
Sustainability
- Operating margin: 5.5%; rating input score 54; 54th percentile among comparable filings
- Total-asset coverage ratio: 0.58; rating input score 24; 24th percentile among comparable filings
- Liabilities to assets ratio: 0.23; rating input score 17; 17th percentile among comparable filings
- Officer compensation ratio: 29.6%; rating input score 7; 7th percentile among comparable filings
Growth
- Program expense growth: -3.1% per year; rating input score 0; 53rd percentile among comparable filings
- Revenue growth: -2.2% per year; rating input score 0; 57th percentile among comparable filings
- Asset growth: -2% per year; rating input score 0; 31st percentile among comparable filings
Details
- Where the money goes: 66.1% of revenue deployed · 70% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 3 filed program accomplishments · $58K in reported program spending
- Leadership: top reported pay $0 · 2 people listed
- Consistency: 7 of 7 current checks pass
- Schedules: 3 filed schedules
- Filing history: 3 filing years from 2015 to 2020
- 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 — Growth: Program expense growth scored 0/100.
- High — Growth: Revenue growth scored 0/100.
- High — Sustainability: Total-asset coverage ratio scored 24/100.
- Review — Sustainability: Operating margin scored 54/100.
- High — Growth: Asset growth scored 0/100.
- High — Sustainability: Officer compensation ratio scored 7/100.
- High — Sustainability: Liabilities to assets ratio scored 17/100.