Korean Baptist Press Of The United States Inc

Organization summary

Type of Nonprofit

Designated as a Organizations for any of the following purposes: religious, educational, charitable, scientific, literary, testing for public safety, fostering national or international amateur sports competition (as long as it doesn't provide athletic facilities or equipment), or the prevention of cruelty to children or animals.

Category: Religion-Related, Spiritual Development / Religious Printing, Publishing (NTEE)

Donations to this organization are tax deductible.

Tax Filings by Year

Form 990 is an information return that most organizations claiming federal tax-exempt status must file yearly with the IRS. Nonprofit Explorer has IRS digitized Form 990 data for filings processed in 2012 and later. Duplicate download links may indicate a resubmission or amendment to this organization's original return. Organizations with gross receipts of less than $50,000 can file the form 990-N postcard filing, which doesn’t include financial details. All Form 990 data is from the IRS.

Fiscal Year Ending Dec.
2025

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$230,059
Expenses
$224,623
Net Income
$5,436
Net Assets
$14,796
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $230,059
100%
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $37,200
16.6%
Professional Fundraising Fees $0
Other Salaries and Wages $36,091
16.1%
Assets/Debt
Total Assets $14,796
Total Liabilities $0
Net Assets $14,796
Compensation
Key Employees and Officers Compensation Related Other
Gongmyung Chae (President) $37,200 $0 $0

Document Links

Fiscal Year Ending Dec.
2024

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$227,059
Expenses
$219,497
Net Income
$7,562
Net Assets
$9,358
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $219,221
96.5%
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $7,838
3.5%
Notable Expenses Percent of Total Expenses
Executive Compensation $34,722
15.8%
Professional Fundraising Fees $0
Other Salaries and Wages $36,195
16.5%
Assets/Debt
Total Assets $9,358
Total Liabilities $0
Net Assets $9,358
Compensation
Key Employees and Officers Compensation Related Other
Gongmyung Chae (President) $34,722 $0 $0

Document Links

Fiscal Year Ending Dec.
2023

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$211,508
Expenses
$208,280
Net Income
$3,228
Net Assets
$5,885
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $205,359
97.1%
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $6,149
2.9%
Notable Expenses Percent of Total Expenses
Executive Compensation $33,408
16.0%
Professional Fundraising Fees $0
Other Salaries and Wages $20,852
10.0%
Assets/Debt
Total Assets $5,885
Total Liabilities $0
Net Assets $5,885
Compensation
Key Employees and Officers Compensation Related Other
Gongmyung Chae (President) $33,408 $0 $0

Document Links

Fiscal Year Ending Dec.
2022

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$185,443
Expenses
$195,217
Net Income
-$9,774
Net Assets
$2,582
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $185,443
100%
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $45,606
23.4%
Assets/Debt
Total Assets $2,582
Total Liabilities $0
Net Assets $2,582
Compensation
Key Employees and Officers Compensation Related Other
John K Lim (President) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2021

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$159,739
Expenses
$153,769
Net Income
$5,970
Net Assets
$12,356
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $159,739
100%
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $36,898
24.0%
Assets/Debt
Total Assets $12,356
Total Liabilities $0
Net Assets $12,356
Compensation
Key Employees and Officers Compensation Related Other
John K Lim (President) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2020

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$79,344
Expenses
$81,737
Net Income
-$2,393
Net Assets
$35,061
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $79,344
100%
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $28,098
34.4%
Assets/Debt
Total Assets $35,061
Total Liabilities $0
Net Assets $35,061
Compensation
Key Employees and Officers Compensation Related Other
John K Lim (President) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2019

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$151,799
Expenses
$138,462
Net Income
$13,337
Net Assets
$37,454
Notable Sources of Revenue Percent of Total Revenue
Contributions $7,750
5.1%
Program Services $144,049
94.9%
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $22,317
16.1%
Assets/Debt
Total Assets $37,454
Total Liabilities $0
Net Assets $37,454
Compensation
Key Employees and Officers Compensation Related Other
John K Lim (President) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2018

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$140,551
Expenses
$123,312
Net Income
$17,239
Net Assets
$24,117
Notable Sources of Revenue Percent of Total Revenue
Contributions $7,800
5.5%
Program Services $132,751
94.5%
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $18,305
14.8%
Professional Fundraising Fees $0
Other Salaries and Wages $22,624
18.3%
Assets/Debt
Total Assets $24,117
Total Liabilities $0
Net Assets $24,117
Compensation
Key Employees and Officers Compensation Related Other
Youn S Shim (President) $18,305 $0 $0

Document Links

Fiscal Year Ending Dec.
2017

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$116,908
Expenses
$133,695
Net Income
-$16,787
Net Assets
$6,878
Notable Sources of Revenue Percent of Total Revenue
Contributions $9,470
8.1%
Program Services $107,438
91.9%
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $40,740
30.5%
Assets/Debt
Total Assets $6,878
Total Liabilities $0
Net Assets $6,878
Compensation
Key Employees and Officers Compensation Related Other
Youn S Shim (President) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2016

Gross receipts
Less than $50,000

Postcard filings do not ask for a specific revenue amount and provide no additional financial details.

Document Links

Fiscal Year Ending Dec.
2014

Extracted Financial Data

Extracted Financial Data from 990-EZ
Revenue
$92,943
Expenses
$93,148
Net Income
-$205
Net Assets
$1,464
Notable Sources of Revenue Percent of Total Revenue
Contributions $29,949
32.2%
Program Services $51,244
55.1%
Investment Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Assets/Debt
Total Assets $1,464
Total Liabilities $0
Net Assets $1,464

Document Links

Fiscal Year Ending Dec.
2012

Extracted Financial Data

Extracted Financial Data from 990-EZ
Revenue
$40,023
Expenses
$33,670
Net Income
$6,353
Net Assets
$7,006
Notable Sources of Revenue Percent of Total Revenue
Contributions $24,803
62.0%
Program Services $3,920
9.8%
Investment Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Assets/Debt
Total Assets $7,006
Total Liabilities $0
Net Assets $7,006

Document Links

About This Data

What Is This Data?

Nonprofit Explorer includes summary data for nonprofit tax returns and full Form 990 documents, in both PDF and digital formats.

The summary data contains financial information from tax returns processed by the IRS since the 2012 calendar years, as well as data extracted from digital filings. IRS summary data also includes limited older records. This data release includes only a subset of what can be found in the full Form 990s.

In addition to the raw summary data, we link to PDFs and digital copies of full Form 990 documents wherever possible. This consists of separate releases by the IRS of Form 990 documents processed by the agency, which we update regularly.

We also link to copies of audits for nonprofit organizations that spent $750,000 or more in federal grant money in a single fiscal year since 2016. These audits are copied from the Federal Audit Clearinghouse.

Which Organizations Are Here?

Most organizations that have been recognized as tax exempt by the IRS have to file the Form 990 every year, unless they make less than $200,000 in revenue and have less than $500,000 in assets, in which case they have to file the Form 990-EZ. Organizations making less than $50,000 don’t have to file either form but do have to let the IRS they’re still in business via a Form 990N "e-Postcard," which does not contain financial details. Churches are not required to file Form 990.

Nonprofit Explorer has organizations that are claiming tax exemption in any of the 27 subsections of the 501(c) section of the tax code. Taxable trusts and private foundations that are required to file a form 990PF are also included.

Types of Nonprofits

There are 27 nonprofit designations based on the numbered subsections of section 501(c) of the tax code. See the list »

Get the Data

For those interested in acquiring the original data from the source, here’s where our data comes from:

  • Raw filing data. Includes Employer Identification Numbers and summary financials as structured data.
  • Exempt Organization profiles. Includes organization names, addresses, etc. You can merge this with the raw filing data using EIN numbers.
  • Form 990 documents. Prior to 2017, these documents were obtained and processed by Public.Resource.org and ProPublica.
  • Form 990 documents as XML files. Includes complete filing data (financial details, names of officers, tax schedules, etc.) in machine-readable format. Only available for electronically filed documents. Electronic data released prior to October 2021 is also available through Amazon Web Services.
  • Audits. PDFs of single or program-specific audits for nonprofit organizations that spent $750,000 or more in federal grant money in a single fiscal year. Available for fiscal year 2015 and later.

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