Sisters Of The Blessed Korean Martyrs
- Assets
- $3.0m
- Revenue
- $664.9k
- Investments
- $0.0
- Employees
- 15
- Location
- Bellflower, CA
- Founding
- 03/1946
- Data as of
- 12/2021
- EIN
- 33-0611394
Organization Overview
Sisters Of The Blessed Korean Martyrs is located in Bellflower, CA. The organization was established in 1946. According to its NTEE Classification (X19) the organization is classified as: Support N.E.C., under the broad grouping of Religion-Related and related organizations. As of 12/2021, Sisters Of The Blessed Korean Martyrs employed 15 individuals. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. Sisters Of The Blessed Korean Martyrs 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 12/2021, Sisters Of The Blessed Korean Martyrs generated $664.9k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 4.5% each year. All expenses for the organization totaled $423.5k during the year ending 12/2021. 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
SUPPORTING MISSIONARY ACTIVITIES
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ORGANIZATION WILL PROVIDE A CURRICULUM FOR THE RELIGIOUS EDUCATION AND SUPPORT MISSIONARY ACTIVITIES.
RELIGIOUS PROGRAM AND RETREAT SERVICES FOR MISSIONARIES
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Hang Soon Park Current CEO | Officer | 30 | $9,600 |
Hyun Ju Kim Secretary | Officer | 30 | $9,300 |
Rosaria Youngeun Lee CFO | Officer | 30 | $6,000 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $27,417 |
| All other contributions, gifts, grants, and similar amounts not included above | $579,654 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $607,071 |
| Total Program Service Revenue | $0 |
| Investment income | $57,842 |
| 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 | $664,913 |
| 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 | $167,965 |
| 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 | $24,900 |
| Other salaries and wages | $97,200 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $9,341 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $2,540 |
| Fees for services: Accounting | $3,700 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $2,960 |
| Advertising and promotion | $424 |
| Office expenses | $2,641 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $12,038 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $4,807 |
| Interest | $18,757 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $10,717 |
| Insurance | $6,496 |
| All other expenses | $37,621 |
| Total functional expenses | $423,542 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $294,456 |
| Savings and temporary cash investments | $2,252,754 |
| 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 | $483,716 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $3,030,926 |
| Accounts payable and accrued expenses | $0 |
| 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 | $1,800 |
| Total liabilities | $1,800 |
| Net assets without donor restrictions | $3,029,126 |
| 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 | $3,030,926 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Sisters Of The Blessed Korean Martyrs has recieved totaling $11,200.
| Awarding Organization | Amount |
|---|---|
National Christian Charitable Foundation Inc Alpharetta, GA PURPOSE: CHURCH | $11,200 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Western Diocese Endowment Fund Inc Fresno, CA | $74,278,534 | $10,721,385 |
The Center For Jewish Campus Life Inc Stanford, CA | $8,051,289 | $1,861,555 |
One Planet One People Inc Walnut Creek, CA | $343,272 | $618,904 |
Minorities For Christ International Ripon, CA | $1,558,620 | $1,214,422 |
Cantinas Foundation Pasadena, CA | $21,079,081 | $76,120 |
Rasayana Berkeley, CA | $572,956 | $583,881 |
Every Man Ministries Inc Mission Viejo, CA | $382,223 | $762,980 |
Rugged Cross Ranch Ministries Yamhill, OR | $694,178 | $542,099 |
Love In The Name Of Christ Of Benton County Corvallis, OR | $279,470 | $302,668 |
Jacks Family Foundation Santa Barbara, CA | $1,724,615 | $313,173 |
Sisters Of The Blessed Korean Martyrs Bellflower, CA | $3,030,926 | $664,913 |
Accelerate Group Inc Peoria, AZ | $1,721,415 | $477,084 |