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Korean Catholic Renewal Movement Of Southern California

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

EIN: 954273943 ✦ Oxnard, CA ✦ Designated as a 501(c)(3)

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Overview

What is Korean Catholic Renewal Movement Of Southern California?

The Korean Catholic Renewal Movement of Southern California is a dedicated nonprofit organization, rooted in Roman Catholic beliefs. Their primary objective is to rejuvenate the Catholic spirit within the community at large. As a testament to their commitment, they actively engage in various activities to achieve this mission.

What are the reviews and ratings of this charity?

Charity Navigator Rating: 33%, Zero-Star out of Four Star rating.

The Korean Catholic Renewal Movement of Southern California has received a low rating due to significant concerns regarding its financial accountability and transparency. Its Accountability & Finance Score stands at just 33%, indicating serious weaknesses in fiscal management. While the organization has achieved full marks for its board independence and documentation practices, these strengths are overshadowed by a troubling lack of program expenses and a high liabilities to assets ratio.

The organization has not allocated any funds toward its stated programs, as reflected in the 0.00% program expense ratio. This raises questions about its operational effectiveness and the impact of its initiatives within the community. Although the board structure appears strong with ten independent members, the overall financial health and programmatic focus of the charity require significant improvement.

Potential donors and supporters should approach this organization with caution, given the stark shortcomings in its financial operations. Without demonstrated programmatic spending, the charity may struggle to fulfill its mission effectively, limiting its ability to serve the community it aims to support.


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

Is Korean Catholic Renewal Movement Of Southern California legitimate?

Korean Catholic Renewal Movement Of Southern California is a legitimate nonprofit organization registered as a 501(c)(3) entity. Korean Catholic Renewal Movement Of Southern California 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: $0

For more financial information, click here

What is the mission statement of Korean Catholic Renewal Movement Of Southern California?

The Korean Catholic Renewal Movement of Southern California has a mission to revitalize the Catholic spirit among the general public. As a Roman Catholic organization, their goal is to promote and foster a strong Catholic spirit within society. Their activities are focused on rekindling the Catholic faith and spreading its influence among the broader public. The movement operates with the aim of revitalizing the Catholic community and strengthening its spiritual bond with the wider society.

Who is the CEO of Korean Catholic Renewal Movement Of Southern California?

Fr Houng Sik Cheon is the Principal Officer of Korean Catholic Renewal Movement Of Southern California.

What is the revenue of Korean Catholic Renewal Movement Of Southern California?

Korean Catholic Renewal Movement Of Southern California's revenue in 2022 was $0.

Who are the executives of Korean Catholic Renewal Movement Of Southern California and what are their salaries?


Here are 3 key members and their salaries:


Ho Seok Jin (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Stanley S Choi (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ho Seok Jin (Cfo)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Korean Catholic Renewal Movement Of Southern California?

Korean Catholic Renewal Movement Of Southern California's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Korean Catholic Renewal Movement Of Southern California

The Korean Catholic Renewal Movement of Southern California, as a Roman Catholic organization, is dedicated to revitalizing the Catholic spirit within the public sphere. Its mission is to stimulate and foster a deeper connection with the Catholic faith among the community, promoting its values and principles. By operating as a hub for Catholic revitalization, the Korean Catholic Renewal Movement of Southern California seeks to inspire and energize individuals to embrace their Catholic identity and live their faith more fully.

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Impact




October, 2024

The Korean Catholic Renewal Movement of Southern California significantly impacts the community by fostering a renewed sense of Catholic spirit and engagement among the public. Through its initiatives, the movement plays a crucial role in revitalizing spiritual practices, encouraging active participation in church life, and promoting the teachings of the Catholic faith.

By focusing on education and outreach, the movement addresses the spiritual needs of individuals and families, nurturing a deeper understanding of faith and community. This revitalization helps individuals find a sense of belonging and purpose within the church, contributing to a more vibrant and connected Catholic community.

Furthermore, the movement serves as a catalyst for intergenerational dialogue, bridging gaps between older and younger members of the community. This dialogue not only strengthens familial bonds but also ensures the transmission of faith and values to the next generation, creating a sustainable future for the church.

In addition, the Korean Catholic Renewal Movement enhances community engagement by encouraging collaboration with other organizations and fostering a spirit of service. This broader commitment to community welfare drives social action and outreach programs that address pressing local issues, ultimately promoting a holistic approach to faith in action.

Overall, the movement's impact extends beyond the church walls, as it actively participates in building a strong, cohesive, and spiritually enriched community in Southern California.




This information is meant to be a general summary of Korean Catholic Renewal Movement Of Southern California. 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
$0 (2022)
Expenses
$4,704 (2022)
Efficiency

Other financial information:

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

    Assets and Liabilities:

    • Total Assets: $92,090
    • Total Liabilities: $0
    • Net Assets: $92,090

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    Organization Details

    Founding Year

    1990

    Principal Officer

    Fr Houng Sik Cheon

    Main Address

    601 S D STREET, OXNARD, CA, 93030

    NTEE Category

    Code: B99Z - Education

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