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Korean Christian Press 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.

Donations to this organization are tax deductible.

Summary charts: organization finances over time

Revenue
$144k (2023)

Expenses
$180k (2023)

Total Assets
$269k (2023)

Total Liabilities
$133 (2023)

Source: Form 990 tax filings from 2011 to 2023

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. If this organization filed an amended return, it may not be reflected below. Duplicate download links may indicate a resubmission or amendment to this organization's original return. Form 990 data is from the IRS.

Fiscal Year Ending Dec.
2023

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$144,284
Expenses
$180,172
Net Income
-$35,888
Net Assets
$268,735
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $0
Investment Income $4,250
2.9%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $140,034
97.1%
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $55,200
30.6%
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $268,868
Total Liabilities $133
Net Assets $268,735
Compensation
Key Employees and Officers Compensation Related Other
Seong Ja Lee (C.F.O.) $14,400 $0 $0
Seoung Kook Kim (C.E.O.) $0 $0 $0
Mi Eun Chang (Secretary) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2022

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$208,107
Expenses
$201,173
Net Income
$6,934
Net Assets
$304,620
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $0
Investment Income $1,149
0.6%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $206,958
99.4%
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $39,900
19.8%
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $306,843
Total Liabilities $2,223
Net Assets $304,620
Compensation
Key Employees and Officers Compensation Related Other
Seong Ja Lee (C.F.O.) $14,400 $0 $0
Seoung Kook Kim (C.E.O.) $0 $0 $0
Mi Eun Chang (Secretary) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2021

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$160,029
Expenses
$2,905,715
Net Income
-$2,745,686
Net Assets
$297,688
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $0
Investment Income $6,407
4.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $153,622
96.0%
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $34,800
1.2%
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $299,655
Total Liabilities $1,967
Net Assets $297,688
Compensation
Key Employees and Officers Compensation Related Other
Seong Ja Lee (C.F.O.) $14,400 $0 $0
Seoung Kook Kim (C.E.O.) $0 $0 $0
Mi Eun Chang (Secretary) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2020

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$97,647
Expenses
$197,629
Net Income
-$99,982
Net Assets
$3,043,377
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $0
Investment Income $37,233
38.1%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $60,414
61.9%
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $34,800
17.6%
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $3,043,226
Total Liabilities -$151
Net Assets $3,043,377
Compensation
Key Employees and Officers Compensation Related Other
Seong Ja Lee (C.F.O.) $14,400 $0 $0
Seoung Kook Kim (C.E.O.) $0 $0 $0
Mi Eun Chang (Secretary) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2019

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$163,446
Expenses
$205,678
Net Income
-$42,232
Net Assets
$3,143,359
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $0
Investment Income $55,314
33.8%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $108,132
66.2%
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $34,800
16.9%
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $3,143,359
Total Liabilities $0
Net Assets $3,143,359

Document Links

Fiscal Year Ending Dec.
2018

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,947,960
Expenses
$215,017
Net Income
$1,732,943
Net Assets
$3,185,591
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $0
Investment Income $8,242
0.4%
Bond Proceeds $0
Royalties $0
Rental Property Income -$1,897
Net Fundraising $0
Sales of Assets $1,711,751
87.9%
Net Inventory Sales $229,864
11.8%
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $34,800
16.2%
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $3,186,804
Total Liabilities $1,213
Net Assets $3,185,591

Document Links

Fiscal Year Ending Dec.
2017

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$195,247
Expenses
$214,207
Net Income
-$18,960
Net Assets
$1,452,648
Notable Sources of Revenue Percent of Total Revenue
Contributions $650
0.3%
Program Services $0
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $18,760
9.6%
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $175,837
90.1%
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $34,800
16.2%
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $1,454,443
Total Liabilities $1,795
Net Assets $1,452,648

Document Links

Fiscal Year Ending Dec.
2016

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$154,728
Expenses
$248,309
Net Income
-$93,581
Net Assets
$1,471,608
Notable Sources of Revenue Percent of Total Revenue
Contributions $2,108
1.4%
Program Services $0
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $729
0.5%
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $151,891
98.2%
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $52,800
21.3%
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $1,501,002
Total Liabilities $29,394
Net Assets $1,471,608

Document Links

Fiscal Year Ending Dec.
2015

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$203,081
Expenses
$238,894
Net Income
-$35,813
Net Assets
$1,565,189
Notable Sources of Revenue Percent of Total Revenue
Contributions $3,572
1.8%
Program Services $0
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $2,959
1.5%
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $196,550
96.8%
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $33,600
14.1%
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $1,644,497
Total Liabilities $79,308
Net Assets $1,565,189

Document Links

Fiscal Year Ending Dec.
2014

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$210,378
Expenses
$230,611
Net Income
-$20,233
Net Assets
$1,601,001
Notable Sources of Revenue Percent of Total Revenue
Contributions $1,292
0.6%
Program Services $0
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $6,225
3.0%
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $202,861
96.4%
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $14,400
6.2%
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $1,725,382
Total Liabilities $124,381
Net Assets $1,601,001

Document Links

Fiscal Year Ending Dec.
2013

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$314,982
Expenses
$128,872
Net Income
$186,110
Net Assets
$1,621,234
Notable Sources of Revenue Percent of Total Revenue
Contributions $857
0.3%
Program Services $0
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income -$31,802
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $345,927
> 100%
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $14,400
11.2%
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $1,790,247
Total Liabilities $169,013
Net Assets $1,621,234

Document Links

Fiscal Year Ending Dec.
2012

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$105,504
Expenses
$112,598
Net Income
-$7,094
Net Assets
$1,435,124
Notable Sources of Revenue Percent of Total Revenue
Contributions $1,349
1.3%
Program Services $0
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income -$17,609
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $121,764
> 100%
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $14,400
12.8%
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $1,645,043
Total Liabilities $209,919
Net Assets $1,435,124

Document Links

Fiscal Year Ending Dec.
2011

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$76,509
Expenses
$121,121
Net Income
-$44,612
Net Assets
$1,442,218
Notable Sources of Revenue Percent of Total Revenue
Contributions $5,889
7.7%
Program Services $0
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income -$36,843
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $107,463
> 100%
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $14,400
11.9%
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $1,690,272
Total Liabilities $248,054
Net Assets $1,442,218

Document Links

Fiscal Year Ending Dec.
2010

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2009

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2008

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2007

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2006

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2005

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2004

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2003

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2002

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2001

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

About 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 information processed by the IRS during the 2012-2019 calendar years; this generally consists of filings for the 2011-2018 fiscal years, but may include 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 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?

Every organization that has been recognized as tax exempt by the IRS has to file 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 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."

Nonprofit Explorer has organizations claiming tax exemption in each of the 27 subsections of the 501(c) section of the tax code, and which have filed a Form 990, Form 990EZ or Form 990PF. Taxable trusts and private foundations that are required to file a form 990PF are also included. Small organizations filing a Form 990N "e-Postcard" are not included in this data.

Types of Nonprofits

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

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