Nonprofit · EIN 20-4179493
SILK WAVE MISSION
Tax-exempt · LA MIRADA, CA 90638
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $2,053,440 | $2,142,786 | -$89,346 | $436,637 | $11,602 | $425,035 |
| June 30, 2024 | 990 | $2,519,645 | $2,720,511 | -$200,866 | $530,979 | $16,598 | $514,381 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $2,043,908
- Membership dues
- $344,811
- Program service revenue
- $0
- Investment income
- $9,532
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $1,011,724
- Compensation of officers, directors and key employees
- $40,035
- Other salaries and wages
- $332,542
- Salaries, compensation and benefits (total)
- $434,115
- Professional fundraising fees
- $0
- Occupancy
- $52,496
- Travel
- $196
- Depreciation
- $12,758
- Program services (functional)
- $1,921,489
- Management and general (functional)
- $188,544
- Fundraising (functional)
- $32,753
Balance sheet and other
- Total assets, start of year
- $530,979
- Total assets, end of year
- $436,637
- Total liabilities, end of year
- $11,602
- Net assets, end of year
- $425,035
- Land, buildings and equipment
- $31,122
- Net assets without donor restrictions
- $425,035
- Gross receipts
- $2,053,440
- Employees
- 10
- Year formed
- 2006
- State of legal domicile
- CA
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended June 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Sei Woong Lee | Secretary Officer | 30 | $28,035 |
| Paul J Kim | President Officer | 30 | $12,000 |
| Danny Dongmyon Chang | CFO Officer | 30 | $0 |
990 for the year ended June 30, 2024: 2 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Sei Woong Lee | Secretary Officer | 30 | $40,747 |
| Paul J Kim | President Officer | 30 | $12,000 |
Address and contacts
- Address (IRS master file)
- 14241 FIRESTONE BLVD STE 310, LA MIRADA, CA 90638-5055
- In care of
- % SEI W LEE
- Signed the 990
- Danny Chang, CFO
- Phone
- (714) 999-8639
- Return prepared by
- KJP Accountancy Corporation
California records
California keeps its own records of charities and corporations. Search them by EIN 20-4179493 or by the name SILK WAVE MISSION.
- Attorney General, Registry of Charities and Fundraisers
- Registration status and filed reports (CT-TR-1, RRF-1)
- Secretary of State, bizfile Online
- Corporation status, entity number, agent for service
- Franchise Tax Board
- Entity status letter (state tax exemption, good standing)
Mission
SWM Mission is an abbreviation for Silk Wave Mission, and is an organization that serves as a united prayer movement, church planting movement, and missionary church movement for spiritual recovery and revival in Turkey and the Islamic world. SWM Mission actively obeys the Great Commission of Jesus Christ to prepare for the second coming of Jesus Christ and to build the highway of the King.
Program accomplishments
- Mobilization and Administration of Financial and Spiritual Support for Missionaries and Church Planters in Middle Eastern Countries Through Various Programs.Expenses $1,709,023 · grants $1,699,097
- Provision, Initiation, and Administration of Financial and Spiritual Support for Local Middle Eastern Churches via the Regional Hub, M Center.Expenses $193,895 · grants $72,500
- Tuition assistance and financial support for theology students and church planters.Expenses $18,571 · grants $15,060
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in June, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | 990 on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990 on file |
IRS record
- EIN
- 20-4179493
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2007
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Religion-related (X200)
- Assets (IRS master file)
- $436,637
- Income (IRS master file)
- $2,053,440
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $2,053,440 | $2,142,786 | $436,637 | XML |
| 990 | June 2024 | $2,519,645 | $2,720,511 | $530,979 | XML |
| 990 | June 2023 | $2,948,871 | $2,689,640 | $696,566 | IRS |
| 990 | June 2022 | – | – | – | IRS |
| 990 | June 2021 | – | – | – | IRS |
| 990 | June 2020 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 20-4179493).
Questions about SILK WAVE MISSION
- What is the EIN of SILK WAVE MISSION?
- The employer identification number (EIN) of SILK WAVE MISSION is 20-4179493.
- Is SILK WAVE MISSION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2007.
- Are donations to SILK WAVE MISSION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does SILK WAVE MISSION file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of SILK WAVE MISSION due?
- The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did SILK WAVE MISSION last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended June 2025.
- Who are the officers and directors of SILK WAVE MISSION?
- The 990 for the year ended June 30, 2025 lists 3 people; 2 received compensation from the organization, the highest $28,035 (Sei Woong Lee, Secretary).
- How much revenue does SILK WAVE MISSION have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $2,053,440, expenses of $2,142,786 and total assets of $436,637 at year end.
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