Nonprofit screen
Screen a listKj Choi Foundation
Can you give?
Listed with the IRS. Every screen came back clear.
A 501(c)(3) on Publication 78 and the IRS master file.
- IRS nonprofit listing
- No issue
- Revocation
- None
- IRS files
- Agree
- Sanctions
- No match
- IRS bulletin
- No notice
- California
- No record
- Charity type
- 509(a)(1)
$338krevenue
FY2024 · +31% in 3 yrs6 of 6years filed
’19’20’21’22’23’24
Revenue and spendingRevenueSpendingDeficit
Against similar nonprofits FY2024
Operating margin8.1%
Months of reserve6.1mo
Revenue growth (annualized)+9.1%
Middle half of peersMedianKj Choi
Where the money goes FY2024 · $311k spent
Programs$255k82%Management and general$56k18%990 FY2024 · Part IX line 25
Worth checking2
Its largest funder stopped after FY2020
K J Choi Foundation gave about $351k a year for two years, 72% of revenue in FY2020.
Funders’ 990-PF grant listsDeficits in 2 of the last 3 years
−$9k in FY2022 and −$13k in FY2023. Cash covers 6.1 months, above the peer median of 5.1.
990 Part I and balance sheetIn its favor1
Growing faster than peers
Revenue up 9% a year since FY2019, faster than half of similar nonprofits.
990 Part I · peer cohort7funders
$33ka year, last 3 years
51%from its largest funder
Funder’19’20’21’22’23K J Choi FoundationStopped after FY2020$100k$602k–Pga Tour Charities IncOn and off$143kPga Tour IncOn and off$50kKwon's Foundation IncSince FY2022$10k$10kHallelujah FoundationNew in FY2023$3k2 other fundersUp to $10k a year each$10k$10k$15k$5k$5k
FundedStopped