Korean Church Of Queens
EIN: 237055647 · East Elmhurst, NY
| Metric | Value |
|---|---|
| Total Expenses | $2.1M |
| Net Assets | $27.0M |
Is Korean Church Of Queens Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Korean Church Of Queens
Korean Church Of Queens (EIN: 237055647) is a nonprofit organization based in East Elmhurst, NY. The organization reported total revenue of $0 and total assets of $0 according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Korean Church Of Queens's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Korean Church Of Queens is a mid-size nonprofit that has been operating for 56 years.
Key Financial Metrics (2020)
From the most recent IRS 990 filing on record:
| Total Revenue | $2.3M |
| Total Expenses | $2.1M |
| Surplus / Deficit | +$215K |
| Total Assets | $27.5M |
| Total Liabilities | $506K |
| Net Assets | $27.0M |
| Operating Margin | 9.2% |
| Debt-to-Asset Ratio | 1.8% |
| Months of Reserves | 155.4 months |
Financial Health Grade: A
In 2020, Korean Church Of Queens reported a surplus of $215K with revenue exceeding expenses, holds 155.4 months of operating reserves (strong position), has a debt-to-asset ratio of 1.8% (very low leverage).
IRS Tax-Exempt Classification
| IRS Classification Codes | 7000 |
| IRS Ruling Date | 1970 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Korean Church Of Queens has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Korean Church Of Queens with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2020)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $215K, with revenue exceeding expenses.
- Debt-to-asset ratio: 1.8%.
Frequently Asked Questions about Korean Church Of Queens
Is Korean Church Of Queens a legitimate charity?
Based on AI analysis of IRS 990 filings, Korean Church Of Queens (EIN: 237055647) insufficient data. 0 red flags identified, 0 strengths noted.
How does Korean Church Of Queens spend its money?
Detailed spending breakdown data is not yet available for Korean Church Of Queens. Check back for updated IRS 990 analysis.
Are donations to Korean Church Of Queens tax-deductible?
Korean Church Of Queens is registered as a tax-exempt nonprofit (EIN: 237055647). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Korean Church Of Queens located?
Korean Church Of Queens is headquartered in East Elmhurst, New York and files with the IRS under EIN 237055647.
Filing History
IRS 990 filing history for Korean Church Of Queens showing financial trends over 1 year of public records:
In its most recent filing year (2020), Korean Church Of Queens reported a surplus of $215K, with revenue exceeding expenses. The organization holds $506K in liabilities against $27.5M in assets (debt-to-asset ratio: 1.8%), resulting in net assets of $27.0M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2020 | $2.3M | $2.1M | $27.5M | $506K | — | — |
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Korean Church Of Queens:
Data Sources and Methodology
This transparency report for Korean Church Of Queens is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.