Liabilities / Assets
68th percentile
Higher debt load relative to assets than 68% of similar nonprofits.
EIN 82-1649270 • 501(c)3 • Fullerton, CA
Profile
This nonprofit is a religious corporation to serve as a meeting place for people to gather and pray
Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.
Liabilities / Assets
68th percentile
Higher debt load relative to assets than 68% of similar nonprofits.
Liabilities / Revenue
62nd percentile
Higher debt load relative to revenue than 62% of similar nonprofits.
Net Margin
9th percentile
Higher net margin than 9% of similar nonprofits.
Top Officer Pay
98th percentile
Higher top officer pay than 98% of similar nonprofits.
Top officer pay equals 31.8% of source-year revenue.
Asset Growth
9th percentile
Faster asset growth than 9% of similar nonprofits.
Revenue Growth
15th percentile
Faster revenue growth than 15% of similar nonprofits.
Assets
Down$2,906
Down $202,537 (-99%) from 2020
Liabilities
Down$48
Down $34,482 (-100%) from 2020
Net Assets
Down$2,858
Down $168,055 (-98%) from 2020
Revenue
Down$178,951
Down $234,312 (-57%) from 2020
Expenses
Up$370,011
Up $105,439 (+40%) from 2020
Net Income
Down-$191,060
Down $339,751 (-228%) from 2020
Most recent year
2021 • Form 990EZDetailed filing. Detailed filing data is available for this year.
This nonprofit is a religious corporation to serve as a meeting place for people to gather and pray
The Meeting Place (TMP) is a prayer and training center that aims to raise up spiritual leaders who make a Kingdom impact in their local spheres of influence. Our heart's desire is to provide a space for the hungry and broken to come and meet with God through prayer, praise, and the proclamation of God's Word. We also desire to be a launching pad where people will be trained and equipped to further God's Kingdom wherever God has placed them.
| Description | Grants | Expenses |
|---|---|---|
| TMP Church Plant was a new initiative that was started to make the necessary arrangements in transitioning the organization towards becoming a formal church which would allow us to better steward our mission to see the hungry and broken meet and walk with God. | $240,700 | $0 |
| Monthly Gatherings were hosted the first Monday of every month to gather people regionally and corporately for praise, preaching, and prayer. We provide a live band, live streaming, guest speakers, and any other services as needed. | $0 | $15,417 |
| Praise and Prayer (prayer room) was an open space where we provided live praise music, supplies, and other services to those needing a place to pray and worship. | $0 | $4,137 |
| Leadership Development is the equipping of leaders, volunteers, and other ministers needing support, training, encouragement, and community. | $0 | $1,182 |
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| William Chung | President | FT | $44,250 | $12,608 | $56,858 |
| Andrea Chung | Secretary | - | $0 | - | - |
| David Chung | Treasurer | - | $0 | - | - |
“Description;Amount^PPP Loan Forgiveness;30000|Interest;202^Total;30202^”
“Description;Amount^Hospitality and Events;7612|Equipment and Supplies;6695|Development and Volunteers;2776|Website and Subscriptions;2722|Travel;2010|Gas and Auto;1706|Bank and Card Fees;710|Meals and Meetings;600^Total;24831^”
“Description;Amount^Liquidated Savings Fund;23005^Total;23005^”
“Description;EOY Amount^Credit Card;48^Total;48^”
This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.
| Path | # | Value |
|---|---|---|
| IRS990EZ/ActivitiesNotPreviouslyRptInd | 0 | 0 |
| IRS990EZ/BenefitsPaidToOrForMembersAmt | 0 | 0 |
| IRS990EZ/BooksInCareOfDetail/PersonNm | 0 | Andrea Chung |
| IRS990EZ/BooksInCareOfDetail/PhoneNum | 0 | 8587611207 |
| IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | 1038 E Bastanchury Rd Box 328 |
| IRS990EZ/BooksInCareOfDetail/USAddress/CityNm | 0 | Fullerton |
| IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | CA |
| IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 92835 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt | 0 | 202532 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt | 0 | 2906 |
| IRS990EZ/ChgMadeToOrgnzngDocNotRptInd | 0 | 0 |
| IRS990EZ/ContributionsGiftsGrantsEtcAmt | 0 | 147712 |
| IRS990EZ/CostOfGoodsSoldAmt | 0 | 0 |
| IRS990EZ/CostOrOtherBasisExpenseSaleAmt | 0 | 0 |
| IRS990EZ/DirectIndirectPltclExpendAmt | 0 | 0 |
| IRS990EZ/DonorAdvisedFndsInd | 0 | 0 |
| IRS990EZ/EngagedInExcessBenefitTransInd | 0 | 0 |
| IRS990EZ/ExcessOrDeficitForYearAmt | 0 | -191060 |
| IRS990EZ/FeesAndOtherPymtToIndCntrctAmt | 0 | 6024 |
| IRS990EZ/FiledScheduleAInd | 0 | 1 |
| IRS990EZ/ForeignFinancialAccountInd | 0 | 0 |
| IRS990EZ/ForeignOfficeInd | 0 | 0 |
| IRS990EZ/Form1120PolFiledInd | 0 | 0 |
| IRS990EZ/Form990TotalAssetsGrp/BOYAmt | 0 | 205443 |
| IRS990EZ/Form990TotalAssetsGrp/EOYAmt | 0 | 2906 |
| IRS990EZ/FundraisingGrossIncomeAmt | 0 | 0 |
| IRS990EZ/GainOrLossFromSaleOfAssetsAmt | 0 | 0 |
| IRS990EZ/GamingGrossIncomeAmt | 0 | 0 |
| IRS990EZ/GrantsAndSimilarAmountsPaidAmt | 0 | 240700 |
| IRS990EZ/GrossProfitLossSlsOfInvntryAmt | 0 | 0 |
| IRS990EZ/GrossReceiptsAmt | 0 | 178951 |
| IRS990EZ/GrossSalesOfInventoryAmt | 0 | 0 |
| IRS990EZ/InfoInScheduleOPartIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIInd | 0 | X |
| IRS990EZ/InvestmentIncomeAmt | 0 | 0 |
| IRS990EZ/LandAndBuildingsGrp/BOYAmt | 0 | 0 |
| IRS990EZ/LandAndBuildingsGrp/EOYAmt | 0 | 0 |
| IRS990EZ/LobbyingActivitiesInd | 0 | 0 |
| IRS990EZ/MadeLoansToFromOfficersInd | 0 | 0 |
| IRS990EZ/MembershipDuesAmt | 0 | 0 |
| IRS990EZ/MethodOfAccountingAccrualInd | 0 | X |
| IRS990EZ/NetAssetsOrFundBalancesBOYAmt | 0 | 170913 |
| IRS990EZ/NetAssetsOrFundBalancesEOYAmt | 0 | 2858 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt | 0 | 170913 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt | 0 | 2858 |
| IRS990EZ/OccupancyRentUtltsAndMaintAmt | 0 | 6246 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 0 | 40 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 1 | 1 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 2 | 1 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 0 | 44250 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 0 | 12608 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 0 | William Chung |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 1 | Andrea Chung |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 2 | David Chung |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 0 | President |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 1 | Secretary |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 2 | Treasurer |
| IRS990EZ/OperateHospitalInd | 0 | 0 |
| IRS990EZ/Organization501c3Ind | 0 | X |
| IRS990EZ/OrganizationDissolvedEtcInd | 0 | 1 |
| IRS990EZ/OrganizationHadUBIInd | 0 | 0 |
| IRS990EZ/OtherAssetsTotalDetail/BOYAmt | 0 | 2911 |
| IRS990EZ/OtherAssetsTotalDetail/EOYAmt | 0 | 0 |
| IRS990EZ/OtherChangesInNetAssetsAmt | 0 | 23005 |
| IRS990EZ/OtherExpensesTotalAmt | 0 | 24831 |
| IRS990EZ/OtherRevenueTotalAmt | 0 | 30202 |
| IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt | 0 | NONE |
| IRS990EZ/PartVIOfCompOfHghstPdEmplTxt | 0 | NONE |
| IRS990EZ/PoliticalCampaignActyInd | 0 | 0 |
| IRS990EZ/PrimaryExemptPurposeTxt | 0 | The Meeting Place (TMP) is a prayer and training center that aims to raise up spiritual leaders who make a Kingdom impact in their local spheres of influence. Our heart's desire is to provide a space for the hungry and broken to come and meet with God through prayer, praise, and the proclamation of God's Word. We also desire to be a launching pad where people will be trained and equipped to further God's Kingdom wherever God has placed them. |
| IRS990EZ/PrintingPublicationsPostageAmt | 0 | 585 |
| IRS990EZ/ProgramServiceRevenueAmt | 0 | 1037 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 0 | TMP Church Plant was a new initiative that was started to make the necessary arrangements in transitioning the organization towards becoming a formal church which would allow us to better steward our mission to see the hungry and broken meet and walk with God. |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 1 | Monthly Gatherings were hosted the first Monday of every month to gather people regionally and corporately for praise, preaching, and prayer. We provide a live band, live streaming, guest speakers, and any other services as needed. |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 2 | Praise and Prayer (prayer room) was an open space where we provided live praise music, supplies, and other services to those needing a place to pray and worship. |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 3 | Leadership Development is the equipping of leaders, volunteers, and other ministers needing support, training, encouragement, and community. |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt | 0 | 240700 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt | 1 | 0 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt | 2 | 0 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt | 3 | 0 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt | 0 | 0 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt | 1 | 15417 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt | 2 | 4137 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt | 3 | 1182 |
| IRS990EZ/ProhibitedTaxShelterTransInd | 0 | 0 |
| IRS990EZ/RelatedOrganizationCtrlEntInd | 0 | 0 |
| IRS990EZ/SalariesOtherCompEmplBnftAmt | 0 | 91625 |
| IRS990EZ/SaleOfAssetsGrossAmt | 0 | 0 |
| IRS990EZ/SchoolOperatingInd | 0 | 0 |
| IRS990EZ/SpecialEventsDirectExpensesAmt | 0 | 0 |
| IRS990EZ/SpecialEventsNetIncomeLossAmt | 0 | 0 |
| IRS990EZ/StatesWhereCopyOfReturnIsFldCd | 0 | CA |
| IRS990EZ/SubjectToProxyTaxInd | 0 | 0 |
| IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt | 0 | 34530 |
| IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt | 0 | 48 |
| IRS990EZ/TanningServicesProvidedInd | 0 | 0 |
| IRS990EZ/TaxImposedOnOrganizationMgrAmt | 0 | 0 |
| IRS990EZ/TaxImposedUnderIRC4911Amt | 0 | 0 |
| IRS990EZ/TaxImposedUnderIRC4912Amt | 0 | 0 |
| IRS990EZ/TaxImposedUnderIRC4955Amt | 0 | 0 |
| IRS990EZ/TaxReimbursedByOrganizationAmt | 0 | 0 |
| IRS990EZ/TotalExpensesAmt | 0 | 370011 |
| IRS990EZ/TotalProgramServiceExpensesAmt | 0 | 20736 |
| IRS990EZ/TotalRevenueAmt | 0 | 178951 |
| IRS990EZ/TransactionWithControlEntInd | 0 | 0 |
| IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd | 0 | 0 |
| IRS990EZ/TypeOfOrganizationCorpInd | 0 | X |
| IRS990EZ/WebsiteAddressTxt | 0 | www.themeetingplacetmp.org |
| IRS990ScheduleA/ChurchInd | 0 | X |
| IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine1 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorNum | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine1 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine2 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt | 0 | RESTRICTED |
| IRS990ScheduleN/DirectorOfSuccessor2Ind | 0 | 1 |
| IRS990ScheduleN/DispositionOfAssetsDetail/AssetsDistriOrExpnssPaidDesc | 0 | Cash grant/transfer of funds in line with plans to shift the entity's focus and attention towards its new church plant initiative. |
| IRS990ScheduleN/DispositionOfAssetsDetail/BusinessName/BusinessNameLine1Txt | 0 | Beloved Church |
| IRS990ScheduleN/DispositionOfAssetsDetail/DistributionDt | 0 | 2021-06-24 |
| IRS990ScheduleN/DispositionOfAssetsDetail/EIN | 0 | 844656416 |
| IRS990ScheduleN/DispositionOfAssetsDetail/FairMarketValueOfAssetAmt | 0 | 240000 |
| IRS990ScheduleN/DispositionOfAssetsDetail/IRCSectionTxt | 0 | 501(c)(3) |
| IRS990ScheduleN/DispositionOfAssetsDetail/MethodOfFMVDeterminationTxt | 0 | Actual monetary value of the grant/transfer of funds |
| IRS990ScheduleN/DispositionOfAssetsDetail/USAddress/AddressLine1Txt | 0 | 1038 E Bastanchury Rd 328 |
| IRS990ScheduleN/DispositionOfAssetsDetail/USAddress/CityNm | 0 | Fullerton |
| IRS990ScheduleN/DispositionOfAssetsDetail/USAddress/StateAbbreviationCd | 0 | CA |
| IRS990ScheduleN/DispositionOfAssetsDetail/USAddress/ZIPCd | 0 | 92835 |
| IRS990ScheduleN/EmployeeOfSuccessor2Ind | 0 | 1 |
| IRS990ScheduleN/OwnerOfSuccessor2Ind | 0 | 1 |
| IRS990ScheduleN/ReceiveCompensation2Ind | 0 | 1 |
| IRS990ScheduleN/SupplementalInformationDetail/ExplanationTxt | 0 | William Chung, who serves as the President for The Meeting Place TMP will become the Lead Pastor for Beloved Church. His office, employment, ownership, compensation and benefits will all transfer from The Meeting Place TMP to Beloved Church. |
| IRS990ScheduleN/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | Schedule N, Part II, Line 2 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | Description;Amount^PPP Loan Forgiveness;30000|Interest;202^Total;30202^ |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | Description;Amount^Hospitality and Events;7612|Equipment and Supplies;6695|Development and Volunteers;2776|Website and Subscriptions;2722|Travel;2010|Gas and Auto;1706|Bank and Card Fees;710|Meals and Meetings;600^Total;24831^ |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | Description;Amount^Liquidated Savings Fund;23005^Total;23005^ |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | Description;EOY Amount^Credit Card;48^Total;48^ |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | Form 990-EZ, Part I, Line 8 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | Form 990-EZ, Part I, Line 16 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | Form 990-EZ, Part I, Line 20 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | Form 990-EZ, Part II, Line 26 |
| ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd | 0 | AAL2 |
| ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/LastSubmissionRqrOOBCd | 0 | 1 |
| ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/OOBSecurityVerificationCd | 0 | 11 |
| ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd | 0 | 1 |
| ReturnHeader/BuildTS | 0 | 2022-09-23 18:48:47Z |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | Andrea Chung |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | Secretary |
| ReturnHeader/BusinessOfficerGrp/PhoneNum | 0 | 8587611207 |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2022-11-11 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt | 0 | MEETING PLACE TMP |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | MEET |
| ReturnHeader/Filer/EIN | 0 | 821649270 |
| ReturnHeader/Filer/PhoneNum | 0 | 8587611207 |
| ReturnHeader/Filer/USAddress/AddressLine1Txt | 0 | 1038 E Bastanchury Rd Box 328 |
| ReturnHeader/Filer/USAddress/CityNm | 0 | Fullerton |
| ReturnHeader/Filer/USAddress/StateAbbreviationCd | 0 | CA |
| ReturnHeader/Filer/USAddress/ZIPCd | 0 | 92835 |
| ReturnHeader/ReturnTs | 0 | 2022-11-10T12:18:32-07:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990EZ |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2021-01-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2021-12-31 |
| ReturnHeader/TaxYr | 0 | 2021 |
No mirrored PDF or thumbnail assets are attached yet.