Civic Intelligence

Seattle Vision Church

EIN 91-1372496 • 501(c)3 • Everett, WA

Profile

Taxpayer is a christian church with prebyterian denomination. The mission of the organization is to practice christian belief. The church is serving the korean community in the greater seattle area.

1422 112th St SWEverett, WA 98204-3759

seattlevisionchurch.com

Siviq Scores

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

Liabilities / Assets

89th percentile

0.76x

Higher debt load relative to assets than 89% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2016

Liabilities / Revenue

93rd percentile

2.32x

Higher debt load relative to revenue than 93% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2016

Net Margin

49th percentile

4.0%

Higher net margin than 49% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2016

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

Score unavailable

No value available

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

Source year 2016

Revenue Growth

Score unavailable

No value available

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

Source year 2016

Balance Sheet
Liabilities / Assets89th percentile

Assets

$1,212,482

No earlier filing loaded for comparison.

Liabilities

$917,830

No earlier filing loaded for comparison.

Net Assets

$294,652

No earlier filing loaded for comparison.

Operations
Liabilities / Revenue93rd percentileNet Margin49th percentile

Revenue

$395,441

No earlier filing loaded for comparison.

Expenses

$379,654

No earlier filing loaded for comparison.

Net Income

$15,787

No earlier filing loaded for comparison.

Trend Graphs

Balance Sheet Trend

Asset GrowthScore unavailable

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

$1.5M$1.0M$500K$0Assets 2016: $1,212,482Liabilities 2016: $917,830Net Assets 2016: $294,6522016

Highlighted filing

2016

Assets$1,212,482
Liabilities$917,830
Net Assets$294,652
Open 2016 Filing

Operations Trend

Revenue GrowthScore unavailable

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

$400K$300K$200K$100K$0Revenue 2016: $395,441Expenses 2016: $379,654Net Income 2016: $15,7872016

Highlighted filing

2016

Revenue$395,441
Expenses$379,654
Net Income$15,787
Open 2016 Filing

Filings

Most recent year

2016 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$1,212,482
Liabilities
$917,830
Net assets
$294,652
Revenue
$395,441
Expenses
$379,654
Net income
$15,787
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2016Detailed filing. Detailed filing data is available for this year.$1.21$0.92$0.29$0.40$0.38$0.02
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Dec 1, 2015 to Nov 30, 2016
Signed
Mar 6, 2017
Return Version
2015v3.0
Gross Receipts
$395,441
Mission and Program Overview

Mission

Taxpayer is a christian church with prebyterian denomination. The mission of the organization is to practice christian belief. The church is serving the korean community in the greater seattle area.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$1,220,601$1,198,293▼ $22,308
Cash and Non-Interest-Bearing Accounts$5,733$14,189▲ $8,456
Total Assets$1,226,334$1,212,482▼ $13,852
Liabilities
Other Liabilities$947,469$917,830▼ $29,639
Total Liabilities$947,469$917,830▼ $29,639
Net Assets / Fund Balance
Unrestricted Net Assets$278,865$294,652▲ $15,787
Total Net Assets Fund Balance$278,865$294,652▲ $15,787
Total Liabilities and Net Assets / Fund Balance$1,226,334$1,212,482▼ $13,852

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$418,293$451,705$869,998
Land$780,000-$780,000
Equipment-$162,662$162,662
Compensation and Service Providers
Top Officer PayScore unavailable

Employees

NameTitleFull / Part TimeBaseTotal
Hyuk Boo KwonPresidentFT$24,000$24,000

Board Members and Trustees

NameTitle
Sung Kyun ShinSecretary
Dong Ju YunTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$395,441
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$0
All Other Contributions
$395,441
Change in Net Assets
$15,787
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$216,373
Salaries, Compensation, and Employee Benefits$163,281
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages-$120,556-$120,556
Interest-$30,469-$30,469
Occupancy-$23,785-$23,785
Depreciation Depletion-$22,307-$22,307
Other Employee Benefits-$21,089-$21,089
Office Expenses-$15,967-$15,967
Payroll Taxes-$12,685-$12,685
Other Expenses-$10,383-$10,383
Pension Plan Contributions-$8,951-$8,951
Advertising-$8,295-$8,295
Insurance-$6,159-$6,159
Payments to Affiliates-$3,500-$3,500
Conferences and Meetings-$1,485-$1,485
Fees for Services Accounting-$400-$400
Total Functional Expenses$0$379,654$0$379,654
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
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Mortgage Loan$917,830
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Backup withholding compliance
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

“The review will be done by treasurer and session members.”

Form 990, Page 6, Part VI, Line 19

“No documents available to the public”

Filing and Contact Details

Filer

Filer Name
Seattle Vision Church
EIN
91-1372496
Phone
4253475141
Address
1422 112TH ST SW, EVERETT, WA 98204-3759
Doing Business As
Seattle Vision Church

Signing Officer

Name
Sung Kyun Shin
Title
Secretary
Phone
4253475141
Signed
2017-03-06
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Hyuk Boo Kwon
Formed
1985
Legal Domicile
Wa
Voting Board Members
6
Independent Board Members
0
Employees
3
Volunteers
100

Preparer

Firm
Charles S Huh CPA Ps
Address
23607 HIGHWAY 99 SUITE 2A, EDMONDS, WA 98026-9272
Preparer
Charles S Huh
Phone
2063676782
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

“Taxpayer is a christian church with prebyterian denomination. The mission of the organization is to practice christian belief. The church is serving the korean community in the greater seattle area.”

Form 990, Page 1, Part I, Line 6

“Worship service volunteers including: 1. Members of choir 2. Sunday school teachers 3. Prayer and other meetings 4. Various member fellowship”

Raw XML Appendix288 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/ExplanationTxt2THE REVIEW WILL BE DONE BY TREASURER AND SESSION MEMBERS.
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ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0WA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0980269272
ReturnHeader/PreparerPersonGrp/PhoneNum02063676782
ReturnHeader/PreparerPersonGrp/PreparationDt02017-03-19
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0CHARLES S HUH
ReturnHeader/ReturnTs02017-03-19T20:35:32-07:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02015-12-01
ReturnHeader/TaxPeriodEndDt02016-11-30
ReturnHeader/TaxYr02015

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No mirrored PDF or thumbnail assets are attached yet.