Korean United & Presbyterian Church of New Jersey
501(c)(3) Donations tax-deductible
Only null% goes to programs Strong reserves
Korean United & Presbyterian Church of New Jersey is a 501(c)(3) organization based in Bloomfield, New Jersey, registered in 1976, with $477,520 in FY2020 revenue. CharityIndex grades it C+.
27 Bay Ave, Bloomfield, NJ, 07003 EIN 51-0179128 Since 1976
Revenue (FY2020)
$478K
Expenses (FY2020)
$372K
Net assets
$1.1M
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
C+
★★★★
Rated on 2 of 4 criteria — the rest aren't reported in this filing type.
Held down by its weakest criterion — a strong score on one criterion can't hide a weak one.
How the rating works →—Program efficiency40% of the ratingNo expense breakdown in filings
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Korean United & Presbyterian Church of New Jersey— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
AFinancial health25% of the rating37 mo reserves · +22% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Korean United & Presbyterian Church of New Jersey: 37 mo reserves · +22% margin earns a A on this criterion. See the exact thresholds →
—Governance25% of the ratingNot reported in this filing type
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Korean United & Presbyterian Church of New Jersey— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
DTransparency10% of the rating1 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Korean United & Presbyterian Church of New Jersey: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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A live seal — it updates automatically when the grade changes and links donors to this verified profile.
Contact & location
- Address
- 27 Bay Ave, Bloomfield, NJ, 07003
- City
- Bloomfield
- State
- New Jersey
- Category
- —
- Subcategory
- —
- Website
- …
Financial snapshot
Financial health & position (FY2020)
Liabilities $17KNet assets $1.1M
Operating margin
22.1%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$1.2M
Total liabilities
$17K
Net assets
$1.1M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2020 | $477,520 | $372,086 | $1,139,815 | $1,156,598 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Frequently asked questions
- Is Korean United & Presbyterian Church of New Jersey a legitimate nonprofit?
- Yes. Korean United & Presbyterian Church of New Jersey is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 51-0179128, based in Bloomfield, New Jersey. Donations are tax-deductible.
- What is Korean United & Presbyterian Church of New Jersey's EIN?
- Korean United & Presbyterian Church of New Jersey's Employer Identification Number (EIN) is 51-0179128.
- How much revenue does Korean United & Presbyterian Church of New Jersey report?
- Korean United & Presbyterian Church of New Jersey reported $477,520 in total revenue on its fiscal year 2020 IRS Form 990 filing.
- What financial grade does Korean United & Presbyterian Church of New Jersey have?
- CharityIndex grades Korean United & Presbyterian Church of New Jersey C+, based on financial health (reserves and operating margin).
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Data for Korean United & Presbyterian Church of New Jersey (EIN 51-0179128) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.