Praise Korean Cultural Community Center
Somerset, New Jersey
CHealth Score
38C
Financial Health Score
8-metric score across financial health, operational efficiency, and resilience. Based on IRS Form 990 filing data.
Below Average
💰
$132K
Total Revenue
📊
$146K
Total Expenses
🏦
$27K
Net Assets
📋
N/A
Total Liabilities
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Revenue Growth
-2.8%
Year-over-year change (2022 → 2023)
Net Margin
-10.3%
Revenue minus expenses as % of revenue
Filing History
15 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2023 | $132,480↓3% | $146,189↑3% | $27,008↓34% | |
| 2022 | $136,232↓12% | $142,017 | $40,717↓12% | — |
| 2021 | $155,445↑37% | $142,194↑15% | $46,502↑1% | — |
| 2020 | $113,150↓30% | $124,168↓8% | $45,838↑4% | — |
| 2019 | $161,349↑36% | $134,705↑8% | $44,269↑151% | — |
| 2018 | $118,550↓1% | $124,681↑1% | $17,625↓26% | — |
| 2017 | $119,359↓3% | $123,278↓14% | $23,756↓14% | — |
| 2016 | $123,554↑1% | $143,996↑29% | $27,675↓42% | — |
| 2015 | $122,591↑15% | $111,899↑8% | $48,115↑29% | — |
| 2014 | $106,864↑19% | $103,408↑12% | $37,423↑10% | — |
| 2013 | $89,473↑9% | $92,121 | $33,967↓7% | — |
| 2012 | $81,735↑18% | $91,832↑25% | $36,615↓22% | — |
| 2011 | $69,380↓17% | $73,520↑2% | $46,712↓8% | — |
| 2010 | $83,150↓17% | $71,753↓12% | $50,852↑29% | — |
| 2009 | $100,530 | $81,146 | $39,455 | — |
Frequently Asked Questions
What does Praise Korean Cultural Community Center do?▼
Praise Korean Cultural Community Center is a education nonprofit organization based in New Jersey. It is classified under NTEE code B99 and is registered as a 501(c) tax-exempt organization with the IRS.
Is Praise Korean Cultural Community Center financially healthy?▼
Financial health scoring requires Form 990 filing data. Check back as we process more filings for Praise Korean Cultural Community Center.
How much revenue does Praise Korean Cultural Community Center generate?▼
Praise Korean Cultural Community Center reports $146K in annual revenue and holds $26K in total assets, based on IRS filings.
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