Civic Intelligence

Wmbc Foundation

990EZ • Fiscal year 2022 • EIN 83-3285755

Jan 01, 2022 to Dec 31, 2022 • Filed on Aug 11, 2023

Organization ProfileN/A
3333 Wilshire Blvd Ste 325Los Angeles, CA 90010

(213) 705-0404

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on this filing.

Source year 2022

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on this filing.

Source year 2022

Net Margin

35th percentile

-2.8%

Higher net margin than 35% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Top Officer Pay

78th percentile

$0

Higher top officer pay than 78% of similar nonprofits.

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

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Asset Growth

15th percentile

-34%

Faster asset growth than 15% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Annualized from 2021 to 2022

Revenue Growth

65th percentile

30%

Faster revenue growth than 65% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Annualized from 2021 to 2022

Balance Sheet
Liabilities / AssetsScore unavailable

Assets

Down

$7,990

Down $4,067 (-34%) from 2021

Net Assets

Down

$7,990

Down $4,067 (-34%) from 2021

Liabilities

-

No earlier filing loaded for comparison.

Revenue And Expenses
Liabilities / RevenueScore unavailableNet Margin35th percentile

Revenue

Up

$146,555

Up $34,010 (+30%) from 2021

Expenses

Up

$150,622

Up $37,845 (+34%) from 2021

Net Income

Down

-$4,067

Down $3,835 (-1653%) from 2021

Historical Trend

Balance Sheet Trend

Asset Growth15th percentile

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$200K$100K$0-$100K-$200KAssets 2019: $12,410Net Assets 2019: $12,4102019Assets 2020: $13,444Liabilities 2020: $1,155Net Assets 2020: $12,2892020Assets 2021: $12,057Net Assets 2021: $12,0572021Assets 2022: $7,990Net Assets 2022: $7,9902022Assets 2023: $40,478Net Assets 2023: $40,4782023Assets 2024: $3,019Liabilities 2024: $178,724Net Assets 2024: -$175,7052024

Highlighted filing

2022

Assets$7,990
Liabilities-
Net Assets$7,990
Open 2022 Filing

Operations Trend

Revenue Growth65th percentile

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$400K$200K$0-$200K-$400KRevenue 2019: $103,298Expenses 2019: $90,888Net Income 2019: $12,4102019Revenue 2020: $168,782Expenses 2020: $168,903Net Income 2020: -$1212020Revenue 2021: $112,545Expenses 2021: $112,777Net Income 2021: -$2322021Revenue 2022: $146,555Expenses 2022: $150,622Net Income 2022: -$4,0672022Revenue 2023: $185,004Expenses 2023: $152,516Net Income 2023: $32,4882023Revenue 2024: $140,364Expenses 2024: $356,547Net Income 2024: -$216,1832024

Highlighted filing

2022

Revenue$146,555
Expenses$150,622
Net Income-$4,067
Open 2022 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
Aug 11, 2023
Return Version
2022v5.0
Gross Receipts
$146,555
Mission and Program Overview

Mission

To glorify god, build up its members in love, and reach out to unbelievers to win them to christ.

SEE SCHEDULE O

Program Services

DescriptionGrantsExpenses
TO SPEAD A PASSION FOR THE SUPREMACY OF GOD IN ALL THINGS, FOR THE JOY OF ALL PEOPLE, THROUGH JESUS CHRIST-$5,600
Compensation and Service Providers
Top Officer Pay78th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
JIN H OHCEO-$0--
WENDY W JUNSecretary-$0--
ABRAHAM RHIMCFO-$0--
Filing and Contact Details

Filer

Filer Name
Wmbc Foundation
EIN
83-3285755
In Care Of
% JIN H OH
Address
3333 WILSHIRE BLVD STE 325, Los Angeles, CA 90010

Signing Officer

Name
Jin H Oh
Title
CEO
Signed
2023-08-11
Discuss with paid preparer
No

Preparer

Firm
Koogwon Kwun CPA & Associates Inc
Address
869 IROLO ST, LOS ANGELES, CA 90005
Preparer
Koogwon Kwun
Phone
2134800070
Supplemental Narrative

Additional Explanations

Form 990-EZ, Part I, Line 10, Grants Paid

“Activity , Grantee LA OPENDOOR CHURCH, Cash Grant 5,600, Relationship”

Form 990-EZ, Part I, Line 10, Grants Paid

“Activity , Grantee Wilshire Catalina Plaza LLC, Cash Grant 23,343, Relationship”

Form 990-EZ, Part I, Line 10, Grants Paid

“Activity , Grantee Phelam Pinan Hills CSD, Cash Grant 7,872, Relationship”

Form 990-EZ, Part I, Line 10, Grants Paid

“Activity , Grantee Boo Church, Cash Grant 7,335, Relationship”

Form 990-EZ, Part I, Line 10, Grants Paid

“Activity , Grantee William Kim, Cash Grant 11,000, Relationship”

Form 990-EZ, Part I, Line 10, Grants Paid

“Activity , Grantee VARIOUS, Cash Grant 55,560, Relationship”

Form 990-EZ, Part I, Line 16, Other Expenses

“Office Expense 22,450”

Form 990-EZ, Part I, Line 16, Other Expenses

“Bank charge 199”

Form 990-EZ, Part I, Line 16, Other Expenses

“Computer Internet 965”

Form 990-EZ, Part I, Line 16, Other Expenses

“Postage , shipping 258”

Form 990-EZ, Part I, Line 16, Other Expenses

“License Permit 196”

Raw XML Appendix150 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.

Path#Value
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IRS990EZ/BooksInCareOfDetail/PersonNm0WMBC FOUNDATION
IRS990EZ/BooksInCareOfDetail/PhoneNum02137050404
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt03325 WILSHIRE BLVD STE 1310
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0LOS ANGELES
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0CA
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd090010
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt012057
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt07990
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/ContributionsGiftsGrantsEtcAmt0146555
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt0-4067
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt012057
IRS990EZ/Form990TotalAssetsGrp/EOYAmt07990
IRS990EZ/GrantsAndSimilarAmountsPaidAmt0118070
IRS990EZ/GrossReceiptsAmt0146555
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingAccrualInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt012057
IRS990EZ/NetAssetsOrFundBalancesEOYAmt07990
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt012057
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt07990
IRS990EZ/OccupancyRentUtltsAndMaintAmt08484
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt0000.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt1000.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt2000.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0JIN H OH
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1WENDY W JUN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2ABRAHAM RHIM
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0CEO
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1SECRETARY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2CFO
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherExpensesTotalAmt024068
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0SEE SCHEDULE O
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0TO SPEAD A PASSION FOR THE SUPREMACY OF GOD IN ALL THINGS, FOR THE JOY OF ALL PEOPLE, THROUGH JESUS CHRIST
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt05600
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TaxImposedUnderIRC4911Amt00
IRS990EZ/TaxImposedUnderIRC4912Amt00
IRS990EZ/TaxImposedUnderIRC4955Amt00
IRS990EZ/TotalExpensesAmt0150622
IRS990EZ/TotalProgramServiceExpensesAmt05600
IRS990EZ/TotalRevenueAmt0146555
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt0146555
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt0112545
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt0168782
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt0103298
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0531180
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt00
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/NetIncomeFromOtherUBIGrp/TotalAmt00
IRS990ScheduleA/OtherIncome509Grp/TotalAmt00
IRS990ScheduleA/Post1975UBTIGrp/TotalAmt00
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct01.00000
IRS990ScheduleA/PublicSupportTotal509Amt0531180
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0146555
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0112545
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0168782
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0103298
IRS990ScheduleA/Total509Grp/TotalAmt0531180
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0146555
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0112545
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0168782
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0103298
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0531180
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Activity , Grantee LA OPENDOOR CHURCH, Cash Grant 5,600, Relationship
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Activity , Grantee Wilshire Catalina Plaza LLC, Cash Grant 23,343, Relationship
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Activity , Grantee Phelam Pinan Hills CSD, Cash Grant 7,872, Relationship
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Activity , Grantee Boo Church, Cash Grant 7,335, Relationship
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Activity , Grantee William Kim, Cash Grant 11,000, Relationship
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5Activity , Grantee VARIOUS, Cash Grant 55,560, Relationship
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6Office Expense 22,450
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7Bank charge 199
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8Computer Internet 965
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt9Postage , shipping 258
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt10License Permit 196
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990-EZ, Part I, Line 10, Grants Paid
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990-EZ, Part I, Line 10, Grants Paid
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990-EZ, Part I, Line 10, Grants Paid
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990-EZ, Part I, Line 10, Grants Paid
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990-EZ, Part I, Line 10, Grants Paid
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Form 990-EZ, Part I, Line 10, Grants Paid
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Form 990-EZ, Part I, Line 16, Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7Form 990-EZ, Part I, Line 16, Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8Form 990-EZ, Part I, Line 16, Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc9Form 990-EZ, Part I, Line 16, Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc10Form 990-EZ, Part I, Line 16, Other Expenses
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0false
ReturnHeader/BusinessOfficerGrp/PersonNm0JIN H OH
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0CEO
ReturnHeader/BusinessOfficerGrp/SignatureDt02023-08-11
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0WMBC FOUNDATION
ReturnHeader/Filer/BusinessNameControlTxt0WMBC
ReturnHeader/Filer/EIN0833285755
ReturnHeader/Filer/InCareOfNm0% JIN H OH
ReturnHeader/Filer/USAddress/AddressLine1Txt03333 WILSHIRE BLVD STE 325
ReturnHeader/Filer/USAddress/CityNm0Los Angeles
ReturnHeader/Filer/USAddress/StateAbbreviationCd0CA
ReturnHeader/Filer/USAddress/ZIPCd090010
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0542126747
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0KOOGWON KWUN CPA & ASSOCIATES INC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0869 IROLO ST
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0LOS ANGELES
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0CA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd090005
ReturnHeader/PreparerPersonGrp/PhoneNum02134800070
ReturnHeader/PreparerPersonGrp/PreparationDt02023-08-11
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0KOOGWON KWUN
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02023-08-11T04:38:11-00:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0JIN H
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0OH
ReturnHeader/TaxPeriodBeginDt02022-01-01
ReturnHeader/TaxPeriodEndDt02022-12-31
ReturnHeader/TaxYr02022

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2022 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$7,990
Liabilities
-
Net assets
$7,990
Revenue
$146,555
Expenses
$150,622
Net income
-$4,067
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$0.03$1.79$1.76$1.40$3.57$2.16
2023Detailed filing. Detailed filing data is available for this year.$0.40$0.40$1.85$1.53$0.32
2022Detailed filing. Detailed filing data is available for this year.$0.08$0.08$1.47$1.51$0.04
2021Detailed filing. Detailed filing data is available for this year.$0.12$0.12$1.13$1.13$0.00
2020Detailed filing. Detailed filing data is available for this year.$0.13$0.01$0.12$1.69$1.69$0.00
2019Detailed filing. Detailed filing data is available for this year.$0.12$0.12$1.03$0.91$0.12