Civic Intelligence

Korean Evangelical Methodist Church of Minnesota

EIN 92-2464738 • 501(c)3 • Wayzata, MN

NTEE X20

Profile

We are a Methodist church that seeks to proclaim the Gospel of the Lord Jesus Christ, establish and maintain religious worship, educate believers in a manner consistent with the requirements of Holy Scripture and maintain missionary activities in the United States and around the world. The primary activities of our Church will be holding worship services regularly on Sundays as well as specialized services on Wednesday evenings, Friday evenings, and Saturday mornings. To actively take the Church to our neighbors close and far away, we will conduct missionary work on a regular basis. We have conducted outreach programs for the assisted living homes, homeless encampments in the inner city, and Native Americans in South Dakota. We will continue these primary functions of a living Church.

301 Peavey LnWayzata, MN 55391

mnkemc.com

Siviq Scores

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

Liabilities / Assets

45th percentile

0.02x

Higher debt load relative to assets than 45% of similar nonprofits.

NTEE X20 • $1M-$5M nonprofits • Source year 2023

Liabilities / Revenue

74th percentile

0.58x

Higher debt load relative to revenue than 74% of similar nonprofits.

NTEE X20 • $1M-$5M nonprofits • Source year 2023

Net Margin

40th percentile

5.8%

Higher net margin than 40% of similar nonprofits.

NTEE X20 • $1M-$5M nonprofits • Source year 2023

Top Officer Pay

55th percentile

$20,000

Higher top officer pay than 55% of similar nonprofits.

Top officer pay equals 29.1% of source-year revenue.

NTEE X20 • $1M-$5M nonprofits • Source year 2023

Asset Growth

Score unavailable

No value available

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

Source year 2023

Revenue Growth

Score unavailable

No value available

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

Source year 2023

Assets

$2,045,000

No earlier filing loaded for comparison.

Liabilities

$40,000

No earlier filing loaded for comparison.

Net Assets

$2,005,000

No earlier filing loaded for comparison.

Revenue

$68,815

No earlier filing loaded for comparison.

Expenses

$64,815

No earlier filing loaded for comparison.

Net Income

$4,000

No earlier filing loaded for comparison.

Trend Graphs

Balance Sheet Trend

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

$3.0M$2.0M$1.0M$0Assets 2023: $2,045,000Liabilities 2023: $40,000Net Assets 2023: $2,005,0002023

Highlighted filing

2023

Assets$2,045,000
Liabilities$40,000
Net Assets$2,005,000

Operations Trend

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

$80K$60K$40K$20K$0Revenue 2023: $68,815Expenses 2023: $64,815Net Income 2023: $4,0002023

Highlighted filing

2023

Revenue$68,815
Expenses$64,815
Net Income$4,000

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2023Detailed filing. Detailed filing data is available for this year.$2.05$0.04$2.01$0.07$0.06$0.00