Wmbc Foundation
- Assets
- $40.5k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Los Angeles, CA
- Founding
- 08/2019
- Data as of
- 12/2023
- EIN
- 83-3285755
Organization Overview
Wmbc Foundation is located in Los Angeles, CA. The organization was established in 2019. According to its NTEE Classification (X81) the organization is classified as: Religious Film & Video, 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. Wmbc Foundation 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, Wmbc Foundation generated $185.0k in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 12.4% each year . All expenses for the organization totaled $152.5k during the year ending 12/2023. While expenses have increased by 10.9% per year over the past 5 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.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
TO SPEAD A PASSION FOR THE SUPREMACY OF GOD IN ALL THINGS, FOR THE JOY OF ALL PEOPLE, THROUGH JESUS CHRIST
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jin H Oh CEO | 0 | $0 | |
Wendy W Jun Secretary | 0 | $0 | |
Abraham Rhim CFO | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $185,004 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $185,004 |
| 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 | $0 |
| Occupancy, rent, utilities, and maintenance | $33,600 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $46,462 |
| Total expenses | $152,516 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $40,478 |
| Other assets | $0 |
| Total assets | $40,478 |
| Total liabilities | $0 |
| Net assets or fund balances | $40,478 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
China Soul For Christ Foundation Rohnert Park, CA | $1,905,178 | $500,192 |
Life Giving Resources Inc Hemet, CA | $1,049,300 | $554,083 |
Global Media & It Anaheim, CA | $225,003 | $540,447 |
Grace-Based Films Inc Los Angeles, CA | $139,959 | $119,637 |
Inspiring Philosophy Ministries Tucson, AZ | $74,134 | $239,901 |
Wmbc Foundation Los Angeles, CA | $40,478 | $0 |
Jfilmla West Hollywood, CA | $303,914 | $351,416 |
Halle Project San Luis Obispo, CA | $340,423 | $157,650 |
Anchored North San Marino, CA | $33,821 | $0 |
Resurrection Pictures Inc Pasadena, CA | $319,227 | $131,824 |
Ministry Of Mustard Seed Rowland Heights, CA | $106,024 | $0 |
Mas Cielo Inc Sacramento, CA | $131 | $0 |
Chinese Christianity Network Tv Bellflower, CA | $64,018 | $0 |
A Simple Catholic Scottsdale, AZ | $12,639 | $0 |
Liaison Ministries Stevenson Ranch, CA | $2,080 | $0 |
Jmj Film Fest Inc Scottsdale, AZ | $0 | $0 |
Christian Adventure Films Inc Rncho Cordova, CA | $0 | $0 |
Santos Soul Productions Inc Vacaville, CA | $0 | $0 |