North Bay Korean Church
- Assets
- $245.0k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Vacaville, CA
- Founding
- 11/2016
- Data as of
- 12/2022
- EIN
- 81-3063954
Organization Overview
North Bay Korean Church is located in Vacaville, CA. The organization was established in 2016. 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 an independent organization and not affiliated with a larger national or regional group of organizations. North Bay Korean 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, North Bay Korean Church generated $198.9k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 8.0% each year. All expenses for the organization totaled $140.4k during the year ending 12/2022. While expenses have increased by 9.6% per year over the past 6 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jeong Sik Park Chief Elder | 20 | $0 | |
Dewey Rhoe Pastor | 30 | $0 | |
Insook Ahn Treasurer | 20 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $198,838 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $38 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $198,876 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $3,500 |
| Occupancy, rent, utilities, and maintenance | $10,200 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $26,846 |
| Total expenses | $140,438 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $240,907 |
| Other assets | $0 |
| Total assets | $245,032 |
| Total liabilities | $0 |
| Net assets or fund balances | $245,032 |
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