Nonprofit screen
Screen a listKorean American Center
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
- Registered
- Charity type
- 509(a)(2)
$506krevenue
FY2024 · +534% in 3 yrs23staff
8 of 8years filed
’17’18’19’20’21’22’23’24
Revenue and spendingRevenueSpendingDeficit
Against similar nonprofits FY2024
Operating margin−11.4%
Months of reserve4.5mo
Revenue growth (annualized)+28.4%
Middle half of peersMedianKorean American Center
Where the money goes FY2024 · $564k spent
Programs$564k100%990 FY2024 · Part IX line 25
Worth checking2
Government grants fell 99% in FY2024
$368k in FY2023, $5k in FY2024.
990 Part VIIIDeficits in 2 of the last 3 years
−$1k in FY2022 and −$58k in FY2024. Cash covers 4.5 months, under the peer median of 5.4.
990 Part I and balance sheetIn its favor1
Growing faster than peers
Revenue up 28% a year since FY2017, in the top quarter of similar nonprofits.
990 Part I · peer cohort4funders
$4ka year, last 3 years
77%from its largest funder
Funder’18’19’20’21’22’23Minsley FoundationOn and off$5k$5k$5k$5k$5kThe Luciano Family FoundationOn and off$3kDonor-advised giftsDonors not disclosed$63$90$121$94
FundedThrough a donor-advised fund