Promise and Fulfillment Comm Church
- Assets
- $2.1m
- Revenue
- $165.0k
- Investments
- $0.0
- Employees
- 3
- Location
- Wheeling, IL
- Founding
- Data as of
- 12/2022
- EIN
- 20-2126109
Organization Overview
Promise and Fulfillment Comm Church is located in Wheeling, IL. As of 12/2022, Promise and Fulfillment Comm Church employed 3 individuals. Promise and Fulfillment Comm Church is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2022, Promise and Fulfillment Comm Church generated $165.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 3 years, the organization has seen revenues fall by an average of (37.2%) each year. All expenses for the organization totaled $445.7k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO WORSHIP GOD AND ENLARGE HIS NATION THROUGH WORSHIP SERVICES, BIBLE STUDIES, SOCIAL SERVICES, MISSIONARY WORK, AND RELIGIOUS EDUCATION.
Describe the Organization's Program Activity:
Part 3 - Line 4a
RELIGIOUS EDUCATION:WE HAVE BIBLE STUDIES AND CLASSES ABOUT THE WAY TO HAVE A CHRISTIAN LIVING ON EVERY FRIDAY NIGHT FOR ADULTS. THE CONGREGATION HAVE 12 SMALL GROUPS. WE EDUCATE THE LEADERS AND HELP THEM CARE FOR THEIR SMALL GROUP MEMBERS. WE ALSO HAVE CHILDRENS CLASSES ON EVERY SUNDAY MORNING. VOLUNTEERS ARE TRAINED AND ARE READY TO TAKE CARE OF CHILDREN. SEVERAL PROFESSIONALS FOR CHILDRENS EDUCATION WORK WITH THE CHILDRENS PROGRAM.
THIS PROGRAM SERVICE CONSISTS OF WITNESS & FELLOWSHIP EXPENSES ($17,166.23).
RELIGIOUS EDUCATION:WE HAVE BIBLE STUDIES AND CLASSES ABOUT THE WAY TO HAVE A CHRISTIAN LIVING ON EVERY FRIDAY NIGHT FOR ADULTS. THE CONGREGATION HAVE 12 SMALL GROUPS. WE EDUCATE THE LEADERS AND HELP THEM CARE FOR THEIR SMALL GROUP MEMBERS. WE ALSO HAVE CHILDRENS CLASSES ON EVERY SUNDAY MORNING. VOLUNTEERS ARE TRAINED AND ARE READY TO TAKE CARE OF CHILDREN. SEVERAL PROFESSIONALS FOR CHILDRENS EDUCATION WORK WITH THE CHILDRENS PROGRAM.
THIS PROGRAM SERVICE CONSISTS OF WITNESS & FELLOWSHIP EXPENSES ($17,166.23).
MISSIONARY WORKS:THIS IS GODS ORDER. AS A CHRISTIAN CONGREGATION, WE TRY TO MAKE EVERY EFFORT TO FULFILL THE MISSION IN EVERY ASPECT OF THE CONGREGATIONS LIVES. OUR CONGREGATION HELP SOME CHRISTIAN ORGANIZATIONS IN THE WORLD. ESPECIALLY, WE SUPPORT MISSIONARIES WORKING IN THE AREA OF SOUTHEASTERN ASIA INCLUDING INDONESIA. WE ALSO ACTIVELY SUPPORT HOMELESS AND HUNGER MINISTRIES IN CHOCAGO, IL.
MISSIONARY WORKS:THIS IS GODS ORDER. AS A CHRISTIAN CONGREGATION, WE TRY TO MAKE EVERY EFFORT TO FULFILL THE MISSION IN EVERY ASPECT OF THE CONGREGATIONS LIVES. OUR CONGREGATION HELP SOME CHRISTIAN ORGANIZATIONS IN THE WORLD. ESPECIALLY, WE SUPPORT MISSIONARIES WORKING IN THE AREA OF SOUTHEASTERN ASIA INCLUDING INDONESIA. WE ALSO ACTIVELY SUPPORT HOMELESS AND HUNGER MINISTRIES IN CHOCAGO, IL.
WORSHIP SERVICES: THROUGH THE WORSHIP, CONGREGATIONS LISTEN TO GODS WORDS, EVALUATING THEIR LIVES IN THE EYES OF GOD, AND ARE UNITED TO SERVE AND LOVE EACH OTHER. AND WE ALSO LEARN HOW TO REACH OUT THE PEOPLE IN NEED IN THE LOCAL COMMUNITY. MOREOVER, OUR CONGREGATIONS HAVE A WEEKLY SERVICE ON EVERY SUNDAY MORNING FOR ADULTS AND CHILDREN. THESE WORSHIPS ARE DESIGNED AND PREPARED BY THE EFFORTS OF CONGREGATIONS.
WORSHIP SERVICES: THROUGH THE WORSHIP, CONGREGATIONS LISTEN TO GODS WORDS, EVALUATING THEIR LIVES IN THE EYES OF GOD, AND ARE UNITED TO SERVE AND LOVE EACH OTHER. AND WE ALSO LEARN HOW TO REACH OUT THE PEOPLE IN NEED IN THE LOCAL COMMUNITY. MOREOVER, OUR CONGREGATIONS HAVE A WEEKLY SERVICE ON EVERY SUNDAY MORNING FOR ADULTS AND CHILDREN. THESE WORSHIPS ARE DESIGNED AND PREPARED BY THE EFFORTS OF CONGREGATIONS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kyong S Kim Senior Pastor | Officer | 40 | $32,400 |
Jinseong Kang Associate Pastor | Officer | 40 | $15,600 |
Kyong S Kim Senior Pastor | Officer | 40 | $32,400 |
Jinseong Kang Associate Pastor | Officer | 40 | $15,600 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $344,465 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $344,465 |
| Total Program Service Revenue | $0 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | -$179,419 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $165,046 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $8,109 |
| Grants and other assistance to Foreign Orgs/Individuals | $39,557 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $47,800 |
| Compensation of current officers, directors, key employees. | $47,800 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $6,747 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $1,500 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $6,601 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $45,130 |
| Insurance | $9,232 |
| All other expenses | $281,068 |
| Total functional expenses | $445,744 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $27,446 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $2,066,604 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $2,094,050 |
| Accounts payable and accrued expenses | $36,813 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $144,600 |
| Other liabilities | $1,792,054 |
| Total liabilities | $1,973,467 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $120,583 |
| Total liabilities and net assets/fund balances | $2,094,050 |