Calvary Korean Baptist Church is located in Lynchburg, VA. The organization was established in 1968. According to its NTEE Classification (X21) the organization is classified as: Protestant, under the broad grouping of Religion-Related and related organizations. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. Calvary Korean Baptist 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 12/2017, Calvary Korean Baptist Church generated $84.4k in total revenue. This organization has experienced exceptional growth, as over the past 2 years, it has increased revenue by an average of 24.6% each year . All expenses for the organization totaled $89.8k during the year ending 12/2017. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2017
Describe the Organization's Program Activity:
Part 3
WORSHIP GOD STUDY HIS WORD AN INDIVIDUAL SPIRITUAL NEEDS ARE MET THROUGH CHRISTIAN FELLOWSHIP AND WORSHIP WITH BIBLICAL INSTRUCTION
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Jaewook Kang Pastor | 40 | $31,200 | |
Choongho Park Treasurer | 7 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $84,400 |
Total Program Service Revenue | $0 |
Membership dues | $0 |
Investment income | $18 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $84,418 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $31,200 |
Professional fees and other payments to independent contractors | $0 |
Occupancy, rent, utilities, and maintenance | $10,160 |
Printing, publications, postage, and shipping | $3,662 |
Other expenses | $44,741 |
Total expenses | $89,763 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $52,038 |
Other assets | $0 |
Total assets | $52,038 |
Total liabilities | $0 |
Net assets or fund balances | $52,038 |
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