Spreading faith through prayer, teaching, and supporting similar missions.
For fiscal year 2024 it reported $677K in revenue, $581K in expenses, and $349K in net assets.Pt I
Where the money goes · FY2024
Total revenue
$677K
Pt VIII · Ln 12
Total expenses
$581K
Pt IX · Ln 25
Net assets
$349K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $96K
Where spending went · Part IX cols B–D
79%
16%
Program services $0.79 Management & general $0.16 Fundraising $0.06
Program efficiency
79%
of spending reaches programs▼ -2% vs prior filing year
Operating runway
7.1mo
months of highly liquid reserves at operating expense rate▲ +15% vs prior filing year
Surplus margin
+14%
revenue over expenses, this year▼ -33% vs prior filing year
Summary of the Filing
Part I · fiscal year 2024 · Form 990
Revenue
$677K
FY2024▲ +7%
$677K$339K$0
FY2018FY2024
Expenses
$581K
FY2024▲ +16%
$581K$290K$0
FY2018FY2024
Total assets
$359K
FY2024▲ +34%
$430K$215K$0
FY2018FY2024
Total liabilities
$9K
FY2024▼ -38%
$15K$8K$0
FY2018FY2024
Total revenue
$677K
Pt VIII · Ln 12
Total expenses
$581K
Pt IX · Ln 25
Net assets
$349K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$96K
Total assetsPt X · Ln 16$359K
Program-expense ratioPt IX · col B79%
Voting members of governing bodyPt I · Ln 33
Independent voting membersPt I · Ln 43
Mission & Programs · Part III
Where the work happens
3 program services account for $299K of program spending, described in the organization's own filed words · FY2024.
01
Set Apart for Awakening School (safa)
This is a disciple training program to develop young leaders in the christian faith, and to the spread of that faith around the world
$287Kprogram expense
02
Contend Gathering
Annual conference for young leaders where students gather for teaching, worship and prayer
$9Kprogram expense
03
Nazarite Intensive
Three week training program for college students over the summer. Students come from eleite universities accross america for teaching, worship, and discipleship training.
Hyung Nam David Kim’s $97K as President
is at the 88th percentile of top reported officer pay among 2135 $100K–1M religion nonprofits.
Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.
Compensation history total reportable pay by year · 1 named individual · Part VII
Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.
Individual Hyung Nam David Kim · Reported title PRESIDENT · Highest reported compensation $97K · Total expenses $581K
17%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $98K · Total expenses $581K
17%
Peer comparison
Same NTEE category, revenue band, and state where available. Descriptive — not a grade.
Metric
This org
Peer median
Percentile
Program ratio
79%
—
—
Overhead ratio
16%
—
—
Fundraising cost ratio
10%
—
—
Revenue growth
7%
—
—
Accounting fee ratio
1%
—
—
Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.
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Sources
Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2024IRS
Classification, formation year, addressIRS Business Master File
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