Civic Intelligence

New Praise Church

EIN 33-0532347 • 501(c)3 • Cypress, CA

Profile

Worship and Praise of Jesus Christ and spread out the word of god.

6269 Ball RdCypress, CA 90630

n/A

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

60th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

501(c)3 • <$500k nonprofits • Source year 2015

Liabilities / Revenue

62nd percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

501(c)3 • <$500k nonprofits • Source year 2015

Net Margin

75th percentile

21%

Higher net margin than 75% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2015

Top Officer Pay

89th percentile

$24,000

Higher top officer pay than 89% of similar nonprofits.

Top officer pay equals 11.8% of source-year revenue.

501(c)3 • <$500k nonprofits • Source year 2015

Asset Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2015

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2015

Balance Sheet
Liabilities / Assets60th percentile

Assets

$402,195

No earlier filing loaded for comparison.

Liabilities

$0

No earlier filing loaded for comparison.

Net Assets

$402,195

No earlier filing loaded for comparison.

Operations
Liabilities / Revenue62nd percentileNet Margin75th percentile

Revenue

$204,059

No earlier filing loaded for comparison.

Expenses

$162,008

No earlier filing loaded for comparison.

Net Income

$42,051

No earlier filing loaded for comparison.

Trend Graphs

Balance Sheet Trend

Asset GrowthScore unavailable

Grouped bars show assets, liabilities, and net assets across loaded filings.

$600K$400K$200K$0Assets 2015: $402,195Liabilities 2015: $0Net Assets 2015: $402,1952015

Highlighted filing

2015

Assets$402,195
Liabilities$0
Net Assets$402,195
Open 2015 Filing

Operations Trend

Revenue GrowthScore unavailable

Revenue, expenses, and net income by year, with the latest filing highlighted.

$300K$200K$100K$0Revenue 2015: $204,059Expenses 2015: $162,008Net Income 2015: $42,0512015

Highlighted filing

2015

Revenue$204,059
Expenses$162,008
Net Income$42,051
Open 2015 Filing

Filings

Most recent year

2015 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$402,195
Liabilities
$0
Net assets
$402,195
Revenue
$204,059
Expenses
$162,008
Net income
$42,051
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2015Detailed filing. Detailed filing data is available for this year.$4.02$0.00$4.02$2.04$1.62$0.42
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2015 to Dec 31, 2015
Signed
Sep 2, 2016
Return Version
2015v2.1
Gross Receipts
$204,059
Mission and Program Overview

Mission

Worship and Praise of Jesus Christ and spread out the word of god.

Worship of Jesus Christ - church

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$340,000$375,192▲ $35,192
Savings and Temporary Cash Investments$17,319$17,834▲ $515
Cash and Non-Interest-Bearing Accounts$4,202$9,169▲ $4,967
Total Assets$361,521$402,195▲ $40,674
Liabilities
Accounts Payable and Accrued Expenses$1,377--
Total Liabilities$1,377$0▼ $1,377
Net Assets / Fund Balance
Unrestricted Net Assets$360,144$402,195▲ $42,051
Total Net Assets Fund Balance$360,144$402,195▲ $42,051
Total Liabilities and Net Assets / Fund Balance$361,521$402,195▲ $40,674

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$204,000-$204,000
Land$136,000-$136,000
Leasehold Improvements$35,192-$35,192
Compensation and Service Providers
Top Officer Pay89th percentile

Employees

NameTitleFull / Part TimeBaseTotal
Yun Son ByonPastorFT$24,000$24,000

Board Members and Trustees

NameTitle
Chun WooPresident
Chung Bae KimCFO
Grace JeonSecretary
Revenue and Support

Revenue Composition

Contributions and Grants
$204,059
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$0
All Other Contributions
$204,059
Change in Net Assets
$42,051
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$111,968
Salaries, Compensation, and Employee Benefits$50,040
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Occupancy$26,393$0$0$26,393
Other Salaries and Wages$26,040$0$0$26,040
Current Officers, Directors, Trustees, and Key Employees$24,000$0$0$24,000
All Other Expenses$12,671$0$0$12,671
Office Expenses$6,362$0$0$6,362
Insurance$6,011$0$0$6,011
Other Expenses$2,933$0$0$2,933
Conferences and Meetings$2,835$0$0$2,835
Total Functional Expenses$162,008$0$0$162,008
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
No
Backup withholding compliance
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No
Filing and Contact Details

Filer

Filer Name
New Praise Church
EIN
33-0532347
Phone
5629723865
Address
6269 Ball Rd, Cypress, CA 90630

Signing Officer

Name
Chung Bae Kim
Title
CFO
Phone
5629723865
Signed
2016-09-02
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Chun Woo Lee
Formed
1991
Legal Domicile
CA
Voting Board Members
3
Independent Board Members
3
Employees
1
Volunteers
10

Preparer

Firm
Joseph S Ro CPA Inc
Address
9618 Garden Grove Blvd Ste 211, Garden Grove, CA 92844
Preparer
Joseph S Ro CPA
Phone
7145379500
Supplemental Narrative

Additional Explanations

Pt VI, Line 15B

“The form 990 is available always open to the public inspection upon request.”

Pt VI, Line 19

“Interest of conflict policy was set up.”

Pt V, Line 3B

“Church does not have any unrelated business income.”

Pt V, Line 14B

“There's no tanning service.”

Pt VI, Line 11B

“When the form 990 is prepared, the forms are submitted to the board to review.”

Form 990, Part IX, Line 24E

“Property tax 907. 907. 0. 0.”

Form 990, Part IX, Line 24E

“Car & transportation 9902. 9902. 0. 0.”

Form 990, Part IX, Line 24E

“Misc. 1862. 1862. 0. 0.”

Raw XML Appendix319 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
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IRS990/Form990ProvidedToGvrnBodyInd0true
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IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipBasisNetGrp/BOYAmt0340000
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IRS990/MethodOfAccountingCashInd0X
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IRS990/NetAssetsOrFundBalancesBOYAmt0360144
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IRS990/OrganizationFollowsSFAS117Ind0X
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IRS990/OtherExpensesGrp/Desc1Choir
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0The form 990 is available always open to the public inspection upon request.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Interest of conflict policy was set up.
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3There's no tanning service.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4When the form 990 is prepared, the forms are submitted to the board to review.
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ReturnHeader/BuildTS02017-02-10 21:41:12Z
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ReturnHeader/BusinessOfficerGrp/SignatureDt02016-09-02
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ReturnHeader/Filer/BusinessNameControlTxt0NEWP
ReturnHeader/Filer/EIN0330532347
ReturnHeader/Filer/PhoneNum05629723865
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ReturnHeader/Filer/USAddress/CityNm0Cypress
ReturnHeader/Filer/USAddress/StateAbbreviationCd0CA
ReturnHeader/Filer/USAddress/ZIPCd090630
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Joseph S Ro CPA Inc
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt09618 Garden Grove Blvd Ste 211
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Garden Grove
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0CA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd092844
ReturnHeader/PreparerPersonGrp/PhoneNum07145379500
ReturnHeader/PreparerPersonGrp/PreparationDt02016-09-09
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0JOSEPH S RO CPA
ReturnHeader/ReturnTs02016-09-09T14:43:45-07:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02015-01-01
ReturnHeader/TaxPeriodEndDt02015-12-31
ReturnHeader/TaxYr02015

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