Evangelical Laymans Church in Cherry Valley, California (CA)

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Evangelical Laymans Church
Employer Identification Number (EIN)223843789
Name of OrganizationEvangelical Laymans Church
In Care of NameJoong Jo Yoo
Address10600 Highland Springs Ave Suite 40, Cherry Valley, CA 92223-5548
SubsectionCharitable Organization, Religious Organization
Ruling Date02/2003
DeductibilityContributions are deductible
FoundationChurch
OrganizationCorporation
Exempt Organization StatusUnconditional Exemption
Tax Period12/2013
Assets$5,000,000 to $9,999,999
Income$1,000,000 to $4,999,999
Filing Requirement990 - Not required to file (church)
Asset Amount$4,660,546
Amount of Income$1,357,698
Form 990 Revenue Amount$1,357,698
National Taxonomy of Exempt Entities (NTEE)Religion-Related, Spiritual Development: Christian


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Amount of income in 2013: $1,357,698
This organization: 

 $1,357,698
Other organizations performing similar types of work: 

 $65,990

Assets in 2013: $4,660,546
This organization: 

 $4,660,546
Other organizations performing similar types of work: 

 $19,362

Expenses in 2007: $886,251
Evangelical Laymans Church: 

 $886,251
Other organizations performing similar types of work: 

 $61,884

Income to expenses ratio in 2007: 1.5
Evangelical Laymans Church: 

 1.5
Other organizations performing similar types of work: 

 0.9

Expenses allocated to program services in 2007: 0.0%
Evangelical Laymans Church: 

 0.0%
Other organizations performing similar types of work: 

 75.4%

Grants share in income in 2007: 262.5%
Evangelical Laymans Church: 

 262.5%
Other organizations performing similar types of work: 

 100.0%

Financial snapshot ($)

Revenue for 2007

Assets at end of 2007

Functional Expenses for 2007 ($)

Income-Producing Activities for 2007

Revenue, Expenses, and Changes in Net Assets or Fund Balances
20062007
Total revenue$3,260,034$1,357,698
Contributions, gifts, grants, and similar amounts received$3,954,926$3,563,742
Contributions to donor advised funds$0$0
Direct public support$3,954,926$3,563,742
Indirect public support$0$0
Government contributions (grants)$0$0
Program service revenue including government fees and contracts$0$0
Membership dues and assessments$0$0
Interest on savings and temporary cash investments$3,294$1,677
Dividends and interest from securities$0$0
Net rental income or (loss)$-66,195$-157,037
Gross rents$4,734$5,400
Less: rental expenses$70,929$162,437
Other investment income$0$0
Gain or (loss) from sales of assets other than inventory$0$0
Gross amount from sales of assets other than inventory$0$0
Less: cost or other basis and sales expenses$0$0
Net income or (loss) from special events and activities$-631,991$-2,051,308
Gross revenue$63,128$63,565
Less: direct expenses other than fundraising expenses$695,119$2,114,873
Gross profit or (loss) from sales of inventory$0$624
Gross sales of inventory, less returns and allowances$0$624
Less: cost of goods sold$0$0
Other revenue$0$0
Total expenses$2,578,290$886,251
Program services$0$0
Management and general$2,578,290$886,251
Fundraising$0$0
Payments to affiliates$0$0
Net assets or fund balances at end of year$4,187,173$4,660,546
Excess or (deficit) for the year$681,744$471,447
Net assets or fund balances at beginning of year$3,505,429$4,187,173
Other changes in net assets or fund balances$0$1,926
Statement of Functional Expenses (for 2007)
TotalProgram servicesManagement and generalFundraising
Total functional expenses$886,251$0$886,251$0
Grants paid from donor advised funds$0
Other grants and allocations$0
Specific assistance to individuals$0
Benefits paid to or for members$0
Compensation of current officers, directors, key employees, etc.$0$0$0$0
Compensation of former officers, directors, key employees, etc.$0$0$0$0
Compensation and other distributions, not included above, to disqualified persons (as defined under section 4958(f)(1)) and persons described in section 4958(c)(3)(B)$0$0$0$0
Salaries and wages of employees not included above$225,032$0$225,032$0
Pension plan contributions not included above$0$0$0$0
Employee benefits not included above$38,732$0$38,732$0
Payroll taxes$16,705$0$16,705$0
Professional fundraising fees$0$0$0$0
Accounting fees$975$0$975$0
Legal fees$1,820$0$1,820$0
Supplies$1,617$0$1,617$0
Telephone$5,750$0$5,750$0
Postage and shipping$1,411$0$1,411$0
Occupancy$261,835$0$261,835$0
Equipment rental and maintenance$0$0$0$0
Printing and publications$97$0$97$0
Travel$185,383$0$185,383$0
Conferences, conventions, and meetings$0$0$0$0
Interest$40,689$0$40,689$0
Depreciation, depletion, etc.$16,905$0$16,905$0
Other expenses not covered above$89,300$0$89,300$0
Balance Sheets
20062007
Total assets$6,653,633$7,163,466
Cash - non-interest-bearing$63,111$585,370
Savings and temporary cash investments$106,621$44,432
Accounts receivable less allowance for doubtful accounts$0$0
Pledges receivable less allowance for doubtful accounts$0$0
Grants receivable$0$0
Receivables from current and former officers, directors, trustees, and key employees$0$0
Receivables from other disqualified persons (as defined under section 4958(f)(1)) and persons described in section 4958(c)(3)(B)$0$0
Other notes and loans receivable less allowance for doubtful accounts$354,100$353,100
Inventories for sale or use$0$0
Prepaid expenses and deferred charges$0$0
Investments - publicly-traded securities$0$0
Investments - other securities$0$0
Investments - land, buildings, and equipment less accumulated depreciation$0$0
Investments - other$3,871,249$3,871,249
Land, buildings, and equipment less accumulated depreciation$2,258,551$2,309,314
Other assets, including program-related investments$1$1
Total liabilities$2,466,460$2,502,920
Accounts payable and accrued expenses$57,288$56,960
Grants payable$0$0
Deferred revenue$0$0
Loans from officers, directors, trustees, and key employees$0$0
Tax-exempt bond liabilities$0$0
Mortgages and other notes payable$2,409,172$2,442,160
Other liabilities$0$3,800
Total liabilities and net assets/fund balances$6,653,633$7,163,466
Total net assets or fund balances$4,187,173$4,660,546
Reconciliation of Revenue per Audited Financial Statements With Revenue per Return
20062007
Total revenue$3,260,034$1,357,698
Total revenue, gains, and other support per audited financial statements$3,260,034$1,357,698
Other expenses$0$0
Net unrealized gains on investments$0$0
Donated services and use of facilities$0$0
Recoveries of prior year grants$0$0
Other$0$0
Other revenue$0$0
Investment expenses$0$0
Other$0$0
Reconciliation of Expenses per Audited Financial Statements With Expenses per Return
20062007
Total expenses$2,578,290$886,251
Total expenses and losses per audited financial statements$2,578,290$886,251
Other revenue$0$0
Donated services and use of facilities$0$0
Prior year adjustments$0$0
Losses$0$0
Other$0$0
Other expenses$0$0
Investment expenses$0$0
Other$0$0
Current Officers, Directors, Trustees, and Key Employees
Total number of officers, directors, and trustees permitted to vote on organization business at board meetings5
Are any officers, directors, trustees, or key employees listed in Form 990, Part V-A, or highest compensated employees listed in Schedule A, Part I, or highest compensated professional and other independent contractors listed in Schedule A, Part II-A or II-B, related to each other through family or business relationships?No
Do any officers, directors, trustees, or key employees listed in Form 990, Part V-A, or highest compensated employees listed in Schedule A, Part I, or highest compensated professional and other independent contractors listed in Schedule A, Part II-A or II-B, receive compensation from any other organizations, whether tax exempt or taxable, that are related to the organization?No
Does the organization have a written conflict of interest policy?Yes
Other Information
Did the organization have unrelated business gross income of $1,000 or more during the year covered by this return, and has it filed a tax return on Form 990-T for this year?No
Was there a liquidation, dissolution, termination, or substantial contraction during the year?No
Is the organization related (other than by association with a statewide or nationwide organization) through common membership, governing bodies, trustees, officers, etc., to any other exempt or nonexempt organization?No
Direct and indirect political expenditures$0
Did the organization file Form 1120-POL for this year?No
Were substantially all dues nondeductible by members?
Did the organization make only in-house lobbying expenditures of $2,000 or less?
Dues, assessments, and similar amounts from members$0
Section 162(e) lobbying and political expenditures$0
Aggregate nondeductible amount of section 6033(e)(1)(A) dues notices$0
Taxable amount of lobbying and political expenditures$0
Does the organization elect to pay the section 6033(e) tax on the amount above?
If section 6033(e)(1)(A) dues notices were sent, does the organization agree to add the amount above to its reasonable estimate of dues allocable to nondeductible lobbying and political expenditures for the following tax year?
Initiation fees and capital contributions$0
Gross receipts for public use of club facilities$0
At any time during the year, did the organization, directly or indirectly, own a controlled entity within the meaning of section 512(b)(13)?No
Amount of tax imposed on the organization during the year under: section 4911$0
Amount of tax imposed on the organization during the year under: section 4912$0
Amount of tax imposed on the organization during the year under: section 4955$0
Did the organization engage in any section 4958 excess benefit transaction during the year or did it become aware of an excess benefit transaction from a prior year?No
Amount of tax imposed on the organization managers or disqualified persons during the year under sections 4912, 4955, and 4958$0
Amount of tax above, reimbursed by the organization$0
At any time during the tax year, was the organization a party to a prohibited tax shelter transaction?No
Did the organization acquire a direct or indirect interest in any applicable insurance contract?No
Did the supporting organization, or a fund maintained by a sponsoring organization, have excess business holdings at any time during the year?No
Number of employees employed in the pay period that includes March 12, 20060
Analysis of Income-Producing Activities (for 2007)
Unrelated business incomeExcluded by section 512, 513, or 514Related or exempt function income
Business codeAmountExclusion codeAmount
Total$-155,360$-215,489$-1,835,195
Program service revenue
Program service revenue 1000000$000$0$0
Program service revenue 2000000$000$0$0
Program service revenue 3000000$000$0$0
Program service revenue 4000000$000$0$0
Program service revenue 5000000$000$0$0
Medicare/Medicaid payments000000$000$0$0
Fees and contracts from government agencies000000$000$0$0
Membership dues and assessments000000$000$0$0
Interest on savings and temporary cash investmentsUnrelated debt-financed activities other than rental of real estate$1,67700$0$0
Dividends and interest from securities000000$000$0$0
Net rental income or (loss) from real estate
debt-financed propertyOther activities related to real estate$-157,03700$0$0
not debt-financed property000000$000$0$0
Net rental income or (loss) from personal property000000$000$0$0
Other investment income000000$000$0$0
Gain or (loss) from sales of assets other than inventory000000$000$0$0
Net income or (loss) from special events000000$0Section 501(c)(3) organization - Income from an activity carried on primarily for the convenience of the organization's members, students, patients, visitors, officers, or employees (hospital parking lot or museum cafeteria, for example) (section 513(a)(2))$-215,489$-1,835,819
Gross profit or (loss) from sales of inventory000000$000$0$624
Other revenue000000$000$0$0
Information Regarding Taxable Subsidiaries and Disregarded Entities (for 2007)
EIN of corporation, partnership, or disregarded entityPercentage of ownership interestTotal incomeEnd-of-year assets
26005816199%$0$0
0%$0$0
0%$0$0
0%$0$0
Compensation of the Five Highest Paid Employees Other Than Officers, Directors, and Trustees (for 2007)
CompensationContributions to employee benefit plans & deferred compensationExpense account and other allowances
$0$0$0
$0$0$0
$0$0$0
$0$0$0
$0$0$0
Total number of other employees paid over $50,0000
Statements About Activities (for 2007)
Expenses paid or incurred in connection with the lobbying activities$0
Did the organization receive or hold an easement for conservation purposes, including easements to preserve open space, the environment, historic land areas or historic structures?No
Did the organization provide credit counseling, debt management, credit repair, or debt negotiation services?No
Did the organization maintain any donor advised funds?No
Did the organization make any taxable distributions under section 4966?No
Did the organization make a distribution to a donor, donor advisor, or related person?No
The total number of donor advised funds owned at the end of the tax year$0
The aggregate value of assets held in all donor advised funds owned at the end of the tax year$0
The total number of separate funds or accounts owned at the end of the tax year (excluding donor advised funds included above) where donors have the right to provide advice on the distribution or investment of amounts in such funds or accounts$0
The aggregate value of assets held in all funds or accounts included above at the end of the tax year$0
Reason for Non-Private Foundation Status
The organization is not a private foundation because it isChurch, convention of churches, etc.
Support Schedule
20052006
Total$0$0
Gifts, grants, and contributions received$0$0
Membership fees received$0$0
Gross receipts from admissions, merchandise sold or services performed, or furnishing of facilities in any activity that is related to the organization's charitable, etc., purpose$0$0
Gross income from interest, dividends, amounts received from payments on securities loans (section 512(a)(5)), rents, royalties, and unrelated business taxable income (less section 511 taxes) from businesses acquired by the organization after June 30, 1975$0$0
Net income from unrelated business activities not included above$0$0
Tax revenues levied for the organization's benefit and either paid to it or expended on its behalf$0$0
The value of services or facilities furnished to the organization by a governmental unit without charge. Do not include the value of services or facilities generally furnished to the public without charge$0$0
Other income$0$0
Lobbying Expenditures by Electing Public Charities (for 2007)
Total exempt purpose expenditures$0
Total lobbying expenditures$0
Total lobbying expenditures to influence public opinion (grassroots lobbying)$0
Total lobbying expenditures to influence a legislative body (direct lobbying)$0
Other exempt purpose expenditures$0
Lobbying nontaxable amount$0
Grassroots nontaxable amount$0
Unrelated Trade or Business Income (for 2008)
IncomeExpensesNet
Total$56,771$118,130$-112,453
Gross receipts or sales less returns and allowances$0$0$0
Cost of goods sold$0$0$0
Gross profit$0$0$0
Capital gain net income$0$0$0
Net gain$0$0$0
Capital loss deduction for trusts$0$0$0
Income (loss) from partnerships and S corporations$-57,231$0$0
Rent income$0$0$0
Unrelated debt-financed income$7,700$0$0
Interest, annuities, royalties, and rents from controlled organizations$0$0$0
Investment income of a section 501(c)(7), (9), or (17) organization$0$0$0
Exploited exempt activity income$0$0$0
Advertising income$0$0$0
Other income$37,001$0$0
Deductions Not Taken Elsewhere (for 2008)
Total deductions$0
Compensation of officers, directors, and trustees$0
Salaries and wages$0
Repairs and maintenance$0
Bad debts$0
Interest$0
Taxes and licenses$0
Charitable contributions$0
Depreciation$0
Depletion$0
Contributions to deferred compensation plans$0
Employee benefit programs$0
Excess exempt expenses$0
Excess readership costs$0
Other deductions$0
Unrelated business taxable income$-112,453
Unrelated business taxable income before net operating loss deduction$-112,453
Net operating loss deduction$0
Unrelated business taxable income before specific deduction$-112,453
Specific deduction$0
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Number of organizations performing similar types of work
Alaska123
Alabama839
Arkansas515
Arizona797
California6,530
Colorado1,017
Connecticut420
District of Columbia159
Delaware207
Florida4,469
Georgia2,559
Hawaii202
Iowa270
Idaho164
Illinois1,775
Indiana1,058
Kansas357
Kentucky558
Louisiana777
Massachusetts595
Maryland1,424
Maine90
Michigan1,190
Minnesota592
Missouri1,094
Mississippi537
Montana124
North Carolina2,056
North Dakota46
Nebraska158
New Hampshire96
New Jersey1,207
New Mexico278
Nevada356
New York2,346
Ohio1,480
Oklahoma880
Oregon520
Pennsylvania1,447
Rhode Island78
South Carolina902
South Dakota96
Tennessee1,250
Texas5,720
Utah152
Virginia1,293
Vermont41
Washington818
Wisconsin528
West Virginia178
Wyoming71
International78
Total50,517

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