Nonprofit screen
Screen a listKorean American Federation of La
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)(1)
$668krevenue
FY2024 · +114% in 3 yrs9staff
7 of 7years filed
’18’19’20’21’22’23’24
Revenue and spendingRevenueSpendingDeficit
Against similar nonprofits FY2024
Operating margin−42.5%
Months of reserve3.6mo
Revenue growth (annualized)+8.3%
Middle half of peersMedianKorean American Federation of La
Where the money goes FY2024 · $952k spent
Programs$624k66%Management and general$328k34%990 FY2024 · Part IX line 25
Worth checking2
Government grants fell 80% in FY2024
$1.1M in FY2023, $208k in FY2024.
990 Part VIIIDeficits in 2 of the last 3 years
−$19k in FY2023 and −$284k in FY2024. Cash covers 3.6 months, under the peer median of 5.0.
990 Part I and balance sheetIn its favor1
Growing faster than peers
Revenue up 8% a year since FY2018, faster than half of similar nonprofits.
990 Part I · peer cohort17funders
$292ka year, last 3 years
58%from its largest funder
Funder’17’18’19’20’21’22’23Local Initiatives Support CorporationSince FY2021$99k$160k$250kKorean American United FoundationSince FY2020$41k$41k$43k$46kKorean American FoundationNew in FY2023$40kMightycause Charitable FoundationStopped after FY2022$25k$9k–Youngbum Song FoundationNew in FY2023$30kKang Dream FoundationOn and off$30kDonor-advised giftsDonors not disclosed$20k$15k$30k$60k$43k$30k$7k4 other fundersUp to $20k a year each$30k$24k
FundedThrough a donor-advised fundStopped