Is Nj Onnuri Community Church Corp Legit?

Nj Onnuri Community Church Corp demonstrates consistent financial growth, with revenue increasing from $2,335,091 in 2014 to $5,201,707 in 2023. The organization has also steadily built its asset base, growing from $2,824,579 in 2014 to $12,009,538 in 2023, indicating sound financial management and accumulation of resources. Liabilities have remained relatively stable, suggesting a healthy balance sheet. Spending efficiency appears strong, as evidenced by the consistent surplus of revenue over expenses in most years. For instance, in 2023, revenue was $5,201,707 against expenses of $4,086,887, resulting in a significant surplus. This surplus contributes to the growth in assets and provides financial stability. The organization's NTEE code X21 indicates a focus on religious activities, which typically have different operational cost structures compared to other types of nonprofits. Transparency is generally good, with 13 filings available, indicating regular reporting to the IRS. A notable aspect is the consistent reporting of 0% officer compensation across all available filings, which suggests that the organization's leadership is either unpaid or compensated through non-officer roles, or that compensation is not reported in this specific field. This practice, while potentially indicating volunteer leadership, could also warrant further inquiry into how leadership is supported, if at all, to ensure full transparency regarding all forms of remuneration.