Civic Intelligence

Olivetian Benedictine Sisters Of

EIN 47-3887915 • 501(c)3 • Harbor City, CA

Profile

Olivetan benedictine sister of busan inc is a non profit religious corporation and shall be operated exclusively for educational and charitable purposes provide care for the sisters and generally support the sisters work serving god's will

1435 Lomita Blvd Apt 202Harbor City, CA 90710

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 2024

Liabilities / Revenue

62nd percentile

0.00x

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

501(c)3 • <$500k nonprofits • Source year 2024

Net Margin

74th percentile

20%

Higher net margin than 74% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2024

Top Officer Pay

81st percentile

$0

Higher top officer pay than 81% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

501(c)3 • <$500k nonprofits • Source year 2024

Asset Growth

74th percentile

18%

Faster asset growth than 74% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2023 to 2024

Revenue Growth

66th percentile

13%

Faster revenue growth than 66% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2023 to 2024

Assets

Up

$104,123

Up $15,840 (+18%) from 2023

Liabilities

Down

$0

Down $25 (-100%) from 2023

Net Assets

Up

$104,123

Up $15,865 (+18%) from 2023

Revenue

Up

$79,541

Up $8,946 (+13%) from 2023

Expenses

Up

$63,676

Up $16,048 (+34%) from 2023

Net Income

Down

$15,865

Down $7,102 (-31%) from 2023

Trend Graphs

Balance Sheet Trend

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

$150K$100K$50K$0Assets 2015: $81,939Liabilities 2015: $02015Assets 2016: $80,221Liabilities 2016: $0Net Assets 2016: $80,2212016Assets 2017: $35,751Liabilities 2017: $0Net Assets 2017: $35,7512017Assets 2018: $39,193Liabilities 2018: $0Net Assets 2018: $39,1932018Assets 2019: $48,437Liabilities 2019: $0Net Assets 2019: $48,4372019Assets 2020: $73,525Liabilities 2020: $112Net Assets 2020: $73,4132020Assets 2021: $66,354Liabilities 2021: $27Net Assets 2021: $66,3272021Assets 2022: $65,446Liabilities 2022: $155Net Assets 2022: $65,2912022Assets 2023: $88,283Liabilities 2023: $25Net Assets 2023: $88,2582023Assets 2024: $104,123Liabilities 2024: $0Net Assets 2024: $104,1232024

Highlighted filing

2024

Assets$104,123
Liabilities$0
Net Assets$104,123

Operations Trend

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

$100K$50K$0-$50KRevenue 2015: $92,793Expenses 2015: $10,854Net Income 2015: $81,9392015Revenue 2016: $20,782Expenses 2016: $22,500Net Income 2016: -$1,7182016Revenue 2017: $17,745Expenses 2017: $62,215Net Income 2017: -$44,4702017Revenue 2018: $41,490Expenses 2018: $38,048Net Income 2018: $3,4422018Revenue 2019: $64,539Expenses 2019: $51,856Net Income 2019: $12,6832019Revenue 2020: $82,906Expenses 2020: $57,930Net Income 2020: $24,9762020Revenue 2021: $87,824Expenses 2021: $94,910Net Income 2021: -$7,0862021Revenue 2022: $82,713Expenses 2022: $83,749Net Income 2022: -$1,0362022Revenue 2023: $70,595Expenses 2023: $47,628Net Income 2023: $22,9672023Revenue 2024: $79,541Expenses 2024: $63,676Net Income 2024: $15,8652024

Highlighted filing

2024

Revenue$79,541
Expenses$63,676
Net Income$15,865

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Mar 26, 2025
Return Version
2024v5.0
Gross Receipts
$79,541
Mission and Program Overview

Mission

Olivetan benedictine sister of busan inc is a non profit religious corporation and shall be operated exclusively for educational and charitable purposes provide care for the sisters and generally support the sisters work serving god's will

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$88,283$104,123▲ $15,840
Total Assets$88,283$104,123▲ $15,840
Liabilities
Accounts Payable and Accrued Expenses$25--
Total Liabilities$25$0▼ $25
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$88,258$104,123▲ $15,865
Total Net Assets Fund Balance$88,258$104,123▲ $15,865
Total Liabilities and Net Assets / Fund Balance$88,283$104,123▲ $15,840
Compensation and Service Providers

Board Members and Trustees

NameTitle
Soonei KimPresident
Hyunjoo SonSecretary
Revenue and Support

Revenue Composition

Contributions and Grants
$79,541
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$0
Change in Net Assets
$15,865
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$39,410
Salaries, Compensation, and Employee Benefits$24,266
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$24,266--$24,266
Fees for Services Other$22,553--$22,553
Occupancy$9,612--$9,612
Fees for Services Legal$6,020--$6,020
Information Technology$923--$923
Office Expenses$302--$302
Total Functional Expenses$63,676$0$0$63,676
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
Business relationship with 35% controlled entity
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
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 11B

No review was or will be conducted.

Form 990, Page 6, Part VI, Line 19

No documents available to the public

Filing and Contact Details

Filer

Filer Name
Olivetian Benedictine Sisters of
EIN
47-3887915
Phone
2133808389
Address
1435 LOMITA BLVD APT 202, HARBOR CITY, CA 90710

Signing Officer

Name
Soonei Kim
Title
President
Phone
2133808389
Signed
2025-03-26

Organization Details

Principal Officer
Soonei Kim
Formed
2015
Legal Domicile
CA
Voting Board Members
2
Independent Board Members
2
Employees
2

Preparer

Firm
Seung Hye Seo CPA
Address
3450 WILSHIRE BLVD STE 302, LOS ANGELES, CA 90010
Preparer
Seung Hye Seo
Phone
2133808389
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

Olivetan benedictine sister of busan inc is a non profit religious corporation and shall be operated exclusively for educational and charitable purposes provide care for the sisters and generally support the sisters work serving god's will

Form 990, Part IX, Line 11G

Bank service charge 53 0 0 contribution 22,000 0 0 gift 500 0 0 total 22,553 0 0

Form 990, Part XI, Line 9

PRIOR YEAR ADJ 0

Raw XML Appendix232 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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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1NO REVIEW WAS OR WILL BE CONDUCTED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2NO DOCUMENTS AVAILABLE TO THE PUBLIC
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3BANK SERVICE CHARGE 53 0 0 CONTRIBUTION 22,000 0 0 GIFT 500 0 0 TOTAL 22,553 0 0
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ReturnHeader/BuildTS02025-03-06 01:10:19Z
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