Yana Ministry Inc
- Assets
- $608.6k
- Revenue
- $565.6k
- Investments
- $0.0
- Employees
- 4
- Location
- Hackensack, NJ
- Founding
- 06/2013
- Data as of
- 12/2023
- EIN
- 45-5107360
Organization Overview
Yana Ministry Inc is located in Hackensack, NJ. The organization was established in 2013. According to its NTEE Classification (O50) the organization is classified as: Youth Development Programs, under the broad grouping of Youth Development and related organizations. As of 12/2023, Yana Ministry Inc employed 4 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Yana Ministry Inc 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 12/2023, Yana Ministry Inc generated $565.6k in total revenue. This organization has experienced exceptional growth, as over the past 9 years, it has increased revenue by an average of 12.8% each year . All expenses for the organization totaled $748.0k during the year ending 12/2023. 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
YANA MINISTRY, INC. IS A NON-PROFIT ORGANIZATION DESIGNED TO BRING HOPE AND A FUTURE TO ORPHANS AND CHILDREN IN POVERTY IN THE WORLD. OUR GOAL IS TO PROVIDE A DIFFERENT ROUTE IN LIFE FOR CHILDREN WHO ARE OFTEN CAST TO THE MARGINS OF SOCIETY. WE WANT TO TELL THEM THAT "YOU ARE NOT ALONE- AND PROVIDE THE SUPPORT, LOVE AND GUIDANCE TO MAKE THAT MESSAGE A CONCRETE REALITY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
FLYING HAPPINESS PROGRAM : STUDENTS FROM A CHILDREN'S CENTER LOCATED IN SOUTH KOREA ARE INVITIED TO VISIT THE US. DURING THEIR STAY, THE STUDENTS TOUR MAJOR ATTRACTIONS, COMPANIES, CAMPUSES, AND UNIVERSITIES. THE CHILDREN ALSO SPEND TIME WITH THEIR SUPPORTERS. THE GOAL IS TO FORGE CLOSER RELATIONSHIPS BETWEEN THE CHILDREN AND THEIR SUPPORTERS. YANA STUDY ABROAD PROGRAM(HIGH SCHOOL & COLLEGE) ORPHANS WHO SHOW PROMISE IN THEIR COLLEGE STUDIES ARE PROVIDED WITH AN OPPORTUNITY TO FURTHER THEIR EDUCATION IN THE US. YANA HELPS STUDENTS SECURE HOUSING, APPROPRIATE VISAS, AS WELL AS PROVODING THEM WITH COMMUNITY AND ACCOUNTABILITY TO ENSURE THE GREATER CHANCE FOR SUCCESS. YANA KOREA PROGRAM : THIS IS TO SUPPORT PROGRAMS AND ACTIVITIES WHICH ARE CONSISTENT WITH OUR MISSION IN SOUTH KOREA. LET'S BE FAMILY : AROUND 1-2 WEEKS LONG VISIT OF CHILDREN FROM KOREAN ORPHANAGES TO THE US. WE CONNECT THEM WITH LOCAL CHURCHES SO THAY CAN STAY WITH CHURCH MEMBERS AND ATTEND VBS IN THE US. PROJECT JOY : SCHOLARSHIP PROGRAM MONTHLY DREAM SAVINGS : A MONTHLY DONATION OF 30 USED TO ASSIST THOSE WHO HAVE AGED-OUT OF CHILDREN'S HOMES WITH NEEDED HEALTHCARE, EDUCATION, AND SAFETY MEASURES. CHRISTMAS EXPRESS : TO SHARE THE JOY OF THE CHRISTMAS SEASON WITH THE KIDS IN KOREAN ORPHANAGES. WE BRING GIFTS AND CARDS FROM DONORS TO THE CHILDREN IN KOREAN ORPHANAGES. SO MUCH POTENTIAL : AROUND A WEEK-LONG VBA(VACATIONAL BIBLE SCHOOL) HELD DURING AN ANNUAL SUMMER MISSION TRIP TO KOREA. A TEAM OF VOLUNTEERS FROM THE US FLY TO KOREA FOR TWO WEEKS TO VISIT KOREAN ORPHANAGES AND RUN ENGLISH VBS FOR THEM.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jongwook Chae Trustee | Trustee | $0 | |
Doyoung Cho Trustee | Trustee | $0 | |
Jane Chung Trustee | Trustee | $0 | |
Dr Anne Kim Trustee | Trustee | $0 | |
Isaac Kim Trustee | Trustee | $0 | |
Jb Kim Trustee | Trustee | $0 |
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 | $555,335 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $555,335 |
| Total Program Service Revenue | $0 |
| Investment income | $3,809 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| 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 | $565,574 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $242,604 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $3,800 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $3,323 |
| Office expenses | $22,120 |
| Information technology | $314 |
| Royalties | $0 |
| Occupancy | $18,000 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $10,737 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $74,283 |
| Total functional expenses | $748,035 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $244,486 |
| Savings and temporary cash investments | $352,084 |
| 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 | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $12,000 |
| Total assets | $608,570 |
| Accounts payable and accrued expenses | $19,562 |
| 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 | $0 |
| Other liabilities | $0 |
| Total liabilities | $19,562 |
| Net assets without donor restrictions | $589,008 |
| 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 | $0 |
| Total liabilities and net assets/fund balances | $608,570 |