Civic Intelligence

Wmbc Foundation

990EZ • Fiscal year 2023 • EIN 83-3285755

Jan 01, 2023 to Dec 31, 2023 • Filed on Aug 29, 2024

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 2023

Liabilities / Revenue

Score unavailable

No value available

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

Source year 2023

Net Margin

71st percentile

18%

Higher net margin than 71% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

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.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Asset Growth

98th percentile

407%

Faster asset growth than 98% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Annualized from 2022 to 2023

Revenue Growth

70th percentile

26%

Faster revenue growth than 70% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Annualized from 2022 to 2023

Balance Sheet
Liabilities / AssetsScore unavailable

Assets

Up

$40,478

Up $32,488 (+407%) from 2022

Net Assets

Up

$40,478

Up $32,488 (+407%) from 2022

Liabilities

-

No earlier filing loaded for comparison.

Revenue And Expenses
Liabilities / RevenueScore unavailableNet Margin71st percentile

Revenue

Up

$185,004

Up $38,449 (+26%) from 2022

Expenses

Up

$152,516

Up $1,894 (+1.3%) from 2022

Net Income

Up

$32,488

Up $36,555 (+899%) from 2022

Historical Trend

Balance Sheet Trend

Asset Growth98th 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

2023

Assets$40,478
Liabilities-
Net Assets$40,478
Open 2023 Filing

Operations Trend

Revenue Growth70th 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

2023

Revenue$185,004
Expenses$152,516
Net Income$32,488
Open 2023 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
Aug 29, 2024
Return Version
2023v5.1
Gross Receipts
$185,004
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--
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
2024-08-29
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 F H M, Cash Grant 6,000, Relationship”

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

“Activity , Grantee PARADISE MOUNTAIN, Cash Grant 10,000, Relationship”

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

“Activity , Grantee PHELAM PINAN HILLS CSD, Cash Grant 5,801, Relationship”

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

“Activity , Grantee WILSHIRE CATALINA PLAZA LLC, Cash Grant 11,553, Relationship”

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

“Activity , Grantee WMBC, INC, Cash Grant 13,000, Relationship”

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

“Activity , Grantee VARIOUS, Cash Grant 12,200, Relationship”

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

“Travel 174”

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

“Equipment rental and maintenance 2,000”

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

“Telephone 1,731”

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

“Office Expense 8,993”

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

“Bank charge 280”

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

“License Permit 203”

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

“Advertising and Promotions 4,600”

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

“Automobileparking 5,353”

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

“Computer Internet 965”

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

“Insurance 6,667”

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

“Repair and maintenance 10,320”

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

“Utilities 1,976”

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

“Food Supplies 3,200”

Raw XML Appendix163 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/BOYAmt07990
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt040478
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IRS990EZ/ContributionsGiftsGrantsEtcAmt0185004
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IRS990EZ/ExcessOrDeficitForYearAmt032488
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IRS990EZ/GrantsAndSimilarAmountsPaidAmt072454
IRS990EZ/GrossReceiptsAmt0185004
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingAccrualInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt07990
IRS990EZ/NetAssetsOrFundBalancesEOYAmt040478
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt07990
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt040478
IRS990EZ/OccupancyRentUtltsAndMaintAmt033600
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/OtherExpensesTotalAmt046462
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/RelatedOrganizationCtrlEntInd0false
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TaxImposedUnderIRC4911Amt00
IRS990EZ/TaxImposedUnderIRC4912Amt00
IRS990EZ/TaxImposedUnderIRC4955Amt00
IRS990EZ/TotalExpensesAmt0152516
IRS990EZ/TotalRevenueAmt0185004
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt0185004
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt0146555
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt0112545
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt0168782
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt0103298
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0716184
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt00
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/NetIncomeFromOtherUBIGrp/TotalAmt00
IRS990ScheduleA/OtherIncome509Grp/TotalAmt00
IRS990ScheduleA/Post1975UBTIGrp/TotalAmt00
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct01.00000
IRS990ScheduleA/PublicSupportPY509Pct01.00000
IRS990ScheduleA/PublicSupportTotal509Amt0716184
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0185004
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0146555
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0112545
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0168782
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0103298
IRS990ScheduleA/Total509Grp/TotalAmt0716184
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0185004
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0146555
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0112545
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0168782
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0103298
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0716184
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 F H M, Cash Grant 6,000, Relationship
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Activity , Grantee PARADISE MOUNTAIN, Cash Grant 10,000, Relationship
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Activity , Grantee PHELAM PINAN HILLS CSD, Cash Grant 5,801, Relationship
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Activity , Grantee WILSHIRE CATALINA PLAZA LLC, Cash Grant 11,553, Relationship
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Activity , Grantee WMBC, INC, Cash Grant 13,000, Relationship
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5Activity , Grantee VARIOUS, Cash Grant 12,200, Relationship
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6Travel 174
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7Equipment rental and maintenance 2,000
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8Telephone 1,731
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt9Office Expense 8,993
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt10Bank charge 280
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt11License Permit 203
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt12Advertising and Promotions 4,600
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt13Automobileparking 5,353
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt14Computer Internet 965
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt15Insurance 6,667
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt16Repair and maintenance 10,320
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt17Utilities 1,976
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt18Food Supplies 3,200
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
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc11Form 990-EZ, Part I, Line 16, Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc12Form 990-EZ, Part I, Line 16, Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc13Form 990-EZ, Part I, Line 16, Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc14Form 990-EZ, Part I, Line 16, Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc15Form 990-EZ, Part I, Line 16, Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc16Form 990-EZ, Part I, Line 16, Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc17Form 990-EZ, Part I, Line 16, Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc18Form 990-EZ, Part I, Line 16, Other Expenses
ReturnHeader/BuildTS02024-08-08 14:25:15Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0false
ReturnHeader/BusinessOfficerGrp/PersonNm0JIN H OH
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0CEO
ReturnHeader/BusinessOfficerGrp/SignatureDt02024-08-29
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/PreparationDt02024-08-29
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0KOOGWON KWUN
ReturnHeader/ReturnTs02024-08-29T02:42:51-00:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02023-01-01
ReturnHeader/TaxPeriodEndDt02023-12-31
ReturnHeader/TaxYr02023

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2023 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$40,478
Liabilities
-
Net assets
$40,478
Revenue
$185,004
Expenses
$152,516
Net income
$32,488
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