Nonprofit screen
Screen a listKorean Resource Center Inc
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)
$805krevenue
FY2024 · −61% in 3 yrs9staff
8 of 8years filed
’17’18’19’20’21’22’23’24
Revenue and spendingRevenueSpendingDeficit
Against similar nonprofits FY2024
Operating margin−31.7%
Months of reserve5.7mo
Revenue growth (annualized)−10.9%
Middle half of peersMedianKorean Resource Center
Where the money goes FY2024 · $1.1M spent
Programs$870k82%Management and general$152k14%Fundraising$39k4%990 FY2024 · Part IX line 25
Worth checking1
A funder worth 11% of revenue stopped after FY2020
Wallace H Coulter Trust gave $234k in FY2020, 11% of revenue that year.
Funders’ 990-PF grant listsIn its favor2
Strong governance
12 of 12 board members independent. Conflict-of-interest and whistleblower policies, audited financial statements, board reviews the 990.
990 Part VIA history of government grants
Government grants on 7 of its 7 returns, 42% of revenue in FY2024.
990 Part VIII48funders
$1.1Ma year, last 3 years
25%from its largest funder
Funder’17’18’19’20’21’22’23The California EndowmentEvery year since FY2017$25k$190k$329k$540k$60k$195k$100kThe James Irvine FoundationOn and off$150k$200k$200k$400k$85kNational Coalition for Asian Pacific American Community DevelopmentEvery year since FY2017$32k$24k$10k$72k$246k$344k$262kNational Korean American Service and Education Consortium IncStopped after FY2020$96k$153k$160k$3k–NEO Philanthropy IncStopped after FY2020$45k$83k$98k$136k–Marguerite Casey FoundationStopped after FY2022$172k$172k–Donor-advised giftsDonors not disclosed$80k$311k$105k$512k$349k$368k$314k27 other fundersUp to $234k a year each$20k$436k$276k$504k$203k$328k$201k
FundedThrough a donor-advised fundStopped