Joyous Community Church EIN 47-2755033

Joyous Community Church

EIN  47-2755033 Religious organization San Diego, CA
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Size
$100K–1M
What they do
Spreads and teaches the Gospel of Jesus Christ.
Leadership
Sung Dae Cho · CEO · $40K
Money in and out
$117K revenue, $119K expenses
Bottom line
100% program efficiency

Spreads and teaches the Gospel of Jesus Christ. For fiscal year 2024 it reported $117K in revenue, $119K in expenses, and $23K in net assets.Pt I

Where the money goes · FY2024
Total revenue
$117K
Pt VIII · Ln 12
Total expenses
$119K
Pt IX · Ln 25
Net assets
$23K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): −$2K
Where spending went · Part IX cols B–D
Program services $1.00
Program efficiency
100%
of spending reaches programs
Operating runway
2.4mo
months of highly liquid reserves at operating expense rate
Surplus margin
-2%
revenue over expenses, this year

Summary of the Filing

Part I · fiscal year 2024 · Form 990
Total revenue
$117K
Pt VIII · Ln 12
Total expenses
$119K
Pt IX · Ln 25
Net assets
$23K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19−$2K
Total assetsPt X · Ln 16$24K
Program-expense ratioPt IX · col B100%
Voting members of governing bodyPt I · Ln 33
Independent voting membersPt I · Ln 4pending
Mission & Programs · Part III

Where the work happens

1 program service account for $119K of program spending, described in the organization's own filed words · FY2024.
01

Its mission shall be to preach and teach the Gospel of our Lord and Savior, Jesus Christ to conduct worship services to administer the ordinances of the New Testament to improve the spiritual life of its members through education to develop Christian Stewards of time, talent and material possessions and to advance the cause of missions…

$119Kprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CJoyous Community Church
EINHdr · item D47-2755033
Principal addressHdr · item CSan Diego, CA
WebsiteHdr · item Jwww.joyouschurch.org
Year of formationHdr · item Lpending
State of legal domicileHdr · item MCA
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFReligion (X21)
Ruling yearIRS BMFFeb 2023

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a3
Independent voting membersPt VI · Ln 1bpending
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13No
Document retention policyPt VI · Ln 14No
CEO/top-official compensation independently reviewedPt VI · Ln 15aNo
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
$40,000Pt VII · Sec A
$0Pt VII · Sec A
Secretary
$0Pt VII · Sec A

Sung Dae Cho’s $40K as CEO is at the 41st percentile of top reported officer pay among 2136 $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.

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Statement of Revenue

Part VIII
Contributions & grants100%$117K
Total revenueLn 12$117K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $1.00
Program services100%$119K
Total functional expensesLn 25$119K

Balance Sheet

Part X · end of year
CashLn 1$24K
Total assetsLn 16$24K
Total liabilitiesLn 26$600
Total net assetsLn 32$23K
Months of cash on handcomputed2.4

Financial Metrics

Form 990 · FY2024 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $24K · Operating expenses/yr $119K
2.4 months
Where the money goes
Program services
Program services $119K · Total expenses $119K
100%
Management & General
Management & general $0 · Total expenses $119K
0%
Fundraising
Fundraising $0 · Total expenses $119K
0%
Cost to raise $1
Fundraising expense $0 · Solicited contributions $117K
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $117K · Total revenue $117K
100%
Government reliance
Government grants — · Total revenue $117K
Earned-income share
Program service revenue $0 · Total revenue $117K
0%
Investment reliance
Investment income $0 · Total revenue $117K
0%
Program self-sufficiency
Program service revenue $0 · Total expenses $119K
0%
Growth & trend
Revenue growth (YoY)
This year $117K · Prior year —
No prior year on file
Net-asset trend (YoY)
End of year $23K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $117K · Expenses $119K
-2%
Liabilities-to-Assets
Total liabilities — · Total assets $24K
Net-asset ratio
Net assets $23K · Total assets $24K
97%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $24K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Sung Dae Cho · Reported title CEO · Highest reported compensation $40K · Total expenses $119K
34%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $43K · Total expenses $119K
36%
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 100%
Overhead ratio 0%
Fundraising cost ratio 0%
Investment management fee ratio 0%
Legal fee ratio 0%
Accounting fee ratio 0%

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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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2024 (Latest)$117K revenue · viewing · ⤓ 990 PDF

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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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