Korean Pilgrim Baptist Church
- Assets
- $122.0k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 2
- Location
- Alhambra, CA
- Founding
- 04/1980
- Data as of
- 12/2022
- EIN
- 95-3447961
Organization Overview
Korean Pilgrim Baptist Church is located in Alhambra, CA. The organization was established in 1980. According to its NTEE Classification (X21) the organization is classified as: Protestant, under the broad grouping of Religion-Related and related organizations. As of 12/2022, Korean Pilgrim Baptist Church employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Korean Pilgrim 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 12/2022, Korean Pilgrim Baptist Church generated $198.6k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 2 years, the organization has seen revenues fall by an average of (6.7%) each year. All expenses for the organization totaled $76.6k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (18.0%) per year over the past 2 years. 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
2022
Describe the Organization's Program Activity:
Part 3
REVIVAL SERVICES, SERVING REFRESHMENTS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ki Young Lee CEO | 40 | $0 | |
Brad Lee Cfo, Secretary | 16 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $198,599 |
| 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 | $198,599 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $48,000 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $450 |
| Other expenses | $28,132 |
| Total expenses | $76,582 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $122,017 |
| Other assets | $0 |
| Total assets | $122,017 |
| Total liabilities | $0 |
| Net assets or fund balances | $122,017 |