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Cgn America

Christian Global Network Television

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 201080909 ✦ Los angeles, CA ✦ Designated as a 501(c)(3)

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Overview

What is Cgn America?

Cgn America, formally known as Christian Global Network Television, is a nonprofit organization situated in Los Angeles, California. Based at 3600 Wilshire Blvd STE 2030, the organization has a modest workforce of 5 individuals. Their primary mission revolves around disseminating the gospel and Christian events through satellite broadcasting. Cgn America aims to spread spiritual messages and significant Christian events to a wide audience, utilizing satellite technology as their medium.

What are the reviews and ratings of this charity?

Charity Navigator Rating: Needs Improvement

Cgn America has received a Two-Star out of Four Star rating from Charity Navigator, indicating there are significant areas for improvement despite a strong score in accountability and finance. The organization scored 67%, demonstrating solid governance practices with an independent board and transparency in asset management. However, it fell short in financial statement availability and adherence to essential operational policies, which are crucial for stakeholder trust.

While the organization shows a high program expense ratio, indicating that a large portion of its spending is directed towards its mission, the lack of financial statements and other key governance documents on its website raises flags. The absence of conflict of interest and whistleblower policies suggests potential vulnerabilities in operational integrity, which could affect donor confidence.

Overall, Cgn America performs well in some areas but needs to address its transparency and governance practices to enhance its credibility. Until improvements are made in sharing financial information and establishing fundamental policies, its rating reflects the need for greater accountability to better serve its mission and stakeholders.


This AI summary has been generated from information found on Charity Navigator.

Is Cgn America legitimate?

Cgn America is a legitimate nonprofit organization registered as a 501(c)(3) entity. Cgn America submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $100,420

For more financial information, click here

What is the mission statement of Cgn America?

Cgn America's mission is centered around broadcasting the Gospel and Christian events, reaching a global audience through satellite technology. They offer a range of Christian programming free of charge, serving as a platform for spiritual enrichment and connection. The organization's primary goal is to spread the word of Christianity and host religious events through this medium.

Who is the CEO of Cgn America?

Hyung Gi Jung is the Secretary of Cgn America. The CEO's salary of Cgn America is $0 and their total compensation is $0.

What is the revenue of Cgn America?

Cgn America's revenue in 2022 was $719,476.

Who are the executives of Cgn America and what are their salaries?

The average compensation at Cgn America during 2022 was $20,084. There are 5 employees at Cgn America.


Here are 3 key members and their salaries (Cgn America's CEO's salary is $0 and their total compensation is $0):


Hyung Gi Jung (Secretary)
  • Compensation: $24,600
  • Related: $0
  • Other: $0
Soo Kwang Kim (Cfo)
  • Compensation: $0
  • Related: $0
  • Other: $0
Yong Kyung Lee (Ceo)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Cgn America?

Cgn America's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Cgn America

Cgn America, a nonprofit organization, is dedicated to spreading the gospel and hosting Christian events through satellite broadcasting. Their mission is to make these programs accessible to a global audience at no cost. This is achieved by providing a variety of Christian Global Network TV programs via satellite, ensuring that individuals worldwide can connect with spiritual content and events.

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Impact




August, 2024

Cgn America's impact is significant in providing the Gospel and Christian events via satellite broadcasting. By offering Christian global network TV programs for free through satellite transmission, Cgn America reaches a wide audience with messages of faith and spiritual upliftment. This form of media dissemination helps spread Christian teachings and values to viewers across various locations, contributing to the promotion of religious beliefs and cultural enrichment. Additionally, by focusing on the arts through their programming, Cgn America enhances creativity and expression within the Christian community, fostering a deeper appreciation for artistic endeavors related to faith.




This information is meant to be a general summary of Cgn America. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$719,476 (2022)
Expenses
$682,217 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Gross Receipts: $719,476

Assets and Liabilities:

  • Total Assets: $280,952
  • Total Liabilities: $3,328
  • Net Assets: $277,624

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Organization Details

Founding Year

2004

Principal Officer

Hyung Gi Jung

Main Address

3600 WILSHIRE BLVD STE 2030, LOS ANGELES, CA, 90010

NTEE Category

Code: A30 - Arts

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