Civic Intelligence

Korean Glory Baptist Church

EIN 90-0062388 • 501(c)3 • Fayetteville, NC

1506 Bingham DriveFayetteville, NC 28304
Siviq Scores

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

Liabilities / Assets

87th percentile

0.42x

Higher debt load relative to assets than 87% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2014

Liabilities / Revenue

95th percentile

1.25x

Higher debt load relative to revenue than 95% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2014

Net Margin

78th percentile

24%

Higher net margin than 78% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2014

Top Officer Pay

84th percentile

$0

Higher top officer pay than 84% of similar nonprofits.

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

501(c)3 • <$500k nonprofits • Source year 2014

Asset Growth

Score unavailable

No value available

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

Source year 2014

Revenue Growth

Score unavailable

No value available

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

Source year 2014

Assets

$190,816

No earlier filing loaded for comparison.

Liabilities

$79,437

No earlier filing loaded for comparison.

Net Assets

$111,379

No earlier filing loaded for comparison.

Revenue

$63,796

No earlier filing loaded for comparison.

Expenses

$48,541

No earlier filing loaded for comparison.

Net Income

$15,255

No earlier filing loaded for comparison.

Trend Graphs

Balance Sheet Trend

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

$200K$150K$100K$50K$0Assets 2014: $190,816Liabilities 2014: $79,437Net Assets 2014: $111,3792014

Highlighted filing

2014

Assets$190,816
Liabilities$79,437
Net Assets$111,379

Operations Trend

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

$80K$60K$40K$20K$0Revenue 2014: $63,796Expenses 2014: $48,541Net Income 2014: $15,2552014

Highlighted filing

2014

Revenue$63,796
Expenses$48,541
Net Income$15,255

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2014Detailed filing. Detailed filing data is available for this year.$1.91$0.79$1.11$0.64$0.49$0.15
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2014 to Dec 31, 2014
Signed
May 27, 2015
Return Version
2014v5.0
Gross Receipts
$63,796
Mission and Program Overview

Mission

See Schedule O

Program Services

DescriptionGrantsExpenses
See Schedule O--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
DUCKGIL PARKPresidentFT$0--
Filing and Contact Details

Filer

Filer Name
Korean Glory Baptist Church
EIN
90-0062388
Address
1506 BINGHAM DRIVE, FAYETTEVILLE, NC 28304

Signing Officer

Name
Duckgil Park
Title
President
Phone
9107280190
Signed
2015-05-27
Discuss with paid preparer
No

Preparer

Firm
Kim and Song Corporation
Address
1325 Satellite Blvd Unit 1602, Suwanee, GA 30024
Preparer
Chong S Song
Phone
6784739000
Supplemental Narrative

Additional Explanations

General explanation attachment

Form 990-EZ, Part III-Organization's Primary Exempt PurposeTo love God and worship Him as we reach and disciple people for Jesus Christ. Form 990-EZ, Part III-Statement of Program Service Accomplishments. (Exempt Purpose Achievements)Worship Service1) Every Sunday Service: 9:00am(1st), 11:00am(2nd) 2) Every Wednesday Service: 7:30pm3) Everyday Early Prayer Meeting Service: 5:30am(Mon. Fri.) 6:30am(Sat only) 4) Regular Prayer Meeting: Every Sunday Aftrnoon5) Special Services: Good Friday, Easter, Christmas Eve and New Year)6) Revival Worship Service: 2 ~ 3 times annually Church Activity1) Field Trips for Children and Youth 2) Kimchi Tard Sale 3) Youth Group Welcome & Good bye Party 4) All Members Picnic and Trips 5) Baptism 6) Members' Home and Business Visitation for encouragement and prayers Form 990-EZ, Part III-Statement of Program Service Accomplishments. (Exempt Purpose Achievements-Additional Information)Church Program1) Sunday School 2) Bible Study 3) Discipleship training Course4) VBS(Vacation Bible School) in Summer Church Mission 1) Food Donation for Homeless2) Sending mission fund to New Life organization, Diminica and Jordan3) Cooperate with other Baptist Churches and Associations)

Description of other expenses Part I line 16

Description AmountAdvertisement 448Alarm and Security Expense 251Automobile Expense 300Church Congregation Fee 450Misc. Taxes 2,006Missionary and Ministry Expense 3,749Office Expense 813Payroll Taxes 1,710Telephone Expense 2,492

Description of other assets Part II line 24

Category Beginning of Year End of YearDrums 1,400 1,400Mic System 1,200 1,200Computers 1,000 1,000Music System 900 900Projector 800 800Speaker and Sound System Mixer 1,400 1,400Piano 1,100 1,100Elec. Piano 800 800Copy Machines 750 750CD Burner 350 350Furniture and Fixtures 3,300 3,300Lawn Mowers 2,200 2,200

Description of total liabilities Part II line 26

Category Beginning of Year End of YearMortgage Loan Balance 87,961 79,437

Raw XML Appendix106 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/PersonNm0DUCKGIL PARK
IRS990EZ/BooksInCareOfDetail/PhoneNum09107280190
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt08339 JUDY DRIVE
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0FAYETTEVILLE
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0NC
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd028314
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IRS990EZ/OperateHospitalInd0false
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IRS990ScheduleA/ChurchInd0X
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Form 990-EZ, Part III-Organization's Primary Exempt PurposeTo love God and worship Him as we reach and disciple people for Jesus Christ. Form 990-EZ, Part III-Statement of Program Service Accomplishments. (Exempt Purpose Achievements)Worship Service1) Every Sunday Service: 9:00am(1st), 11:00am(2nd) 2) Every Wednesday Service: 7:30pm3) Everyday Early Prayer Meeting Service: 5:30am(Mon. Fri.) 6:30am(Sat only) 4) Regular Prayer Meeting: Every Sunday Aftrnoon5) Special Services: Good Friday, Easter, Christmas Eve and New Year)6) Revival Worship Service: 2 ~ 3 times annually Church Activity1) Field Trips for Children and Youth 2) Kimchi Tard Sale 3) Youth Group Welcome & Good bye Party 4) All Members Picnic and Trips 5) Baptism 6) Members' Home and Business Visitation for encouragement and prayers Form 990-EZ, Part III-Statement of Program Service Accomplishments. (Exempt Purpose Achievements-Additional Information)Church Program1) Sunday School 2) Bible Study 3) Discipleship training Course4) VBS(Vacation Bible School) in Summer Church Mission 1) Food Donation for Homeless2) Sending mission fund to New Life organization, Diminica and Jordan3) Cooperate with other Baptist Churches and Associations)
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Description AmountAdvertisement 448Alarm and Security Expense 251Automobile Expense 300Church Congregation Fee 450Misc. Taxes 2,006Missionary and Ministry Expense 3,749Office Expense 813Payroll Taxes 1,710Telephone Expense 2,492
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Category Beginning of Year End of YearDrums 1,400 1,400Mic System 1,200 1,200Computers 1,000 1,000Music System 900 900Projector 800 800Speaker and Sound System Mixer 1,400 1,400Piano 1,100 1,100Elec. Piano 800 800Copy Machines 750 750CD Burner 350 350Furniture and Fixtures 3,300 3,300Lawn Mowers 2,200 2,200
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Category Beginning of Year End of YearMortgage Loan Balance 87,961 79,437
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0General explanation attachment
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Description of other expenses Part I line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Description of other assets Part II line 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Description of total liabilities Part II line 26
ReturnHeader/BuildTS02016-03-07 17:11:31Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0false
ReturnHeader/BusinessOfficerGrp/PersonNm0DUCKGIL PARK
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0President
ReturnHeader/BusinessOfficerGrp/PhoneNum09107280190
ReturnHeader/BusinessOfficerGrp/SignatureDt02015-05-27
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0KOREAN GLORY BAPTIST CHURCH
ReturnHeader/Filer/BusinessNameControlTxt0KORE
ReturnHeader/Filer/EIN0900062388
ReturnHeader/Filer/USAddress/AddressLine1Txt01506 BINGHAM DRIVE
ReturnHeader/Filer/USAddress/CityNm0FAYETTEVILLE
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NC
ReturnHeader/Filer/USAddress/ZIPCd028304
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0203389876
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Kim and Song Corporation
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt01325 Satellite Blvd Unit 1602
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Suwanee
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0GA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd030024
ReturnHeader/PreparerPersonGrp/PhoneNum06784739000
ReturnHeader/PreparerPersonGrp/PreparationDt02015-05-27
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Chong S Song
ReturnHeader/ReturnTs02015-05-27T16:19:13-04:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02014-01-01
ReturnHeader/TaxPeriodEndDt02014-12-31
ReturnHeader/TaxYr02014

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