Nonprofit screen
Screen a listThe Korea Society
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)
$12Mrevenue
FY2025 · +114% in 3 yrs20staff
8 of 8years filed
’18’19’20’21’22’23’24’25
Revenue and spendingRevenueSpendingDeficit
Against similar nonprofits FY2025
Operating margin55.2%
Months of reserve2.3mo
Revenue growth (annualized)+24.5%
Middle half of peersMedianKorea Society
Where the money goes FY2025 · $5.2M spent
Programs$3.4M66%Management and general$820k16%Fundraising$970k19%990 FY2025 · Part IX line 25
Worth checking1
Deficits in 2 of the last 3 years
−$215k in FY2023 and −$372k in FY2024. Cash covers 2.3 months, under the peer median of 3.7.
990 Part I and balance sheetIn its favor2
Strong governance
20 of 21 board members independent. Conflict-of-interest and whistleblower policies, audited financial statements, board reviews the 990.
990 Part VIGrowing faster than peers
Revenue up 24% a year since FY2018, in the top quarter of similar nonprofits.
990 Part I · peer cohort16funders
$56ka year, last 3 years
54%from its largest funder
Funder’17’18’19’20’21’22’23Yt Hwang Family Foundation IncSince FY2018$10k$20k$10k$20k$50k$21kThe Bgr Foundation IncNew in FY2023$10kIn His Presence FoundationOn and off$5kJpmorgan Chase FoundationStopped after FY2020$230$4k$565$860–The James L Kim FoundationOn and off$1kShigeko Kubota Video Art Foundation IncOn and off$500Donor-advised giftsDonors not disclosed$7k$46$8k$17k$41k3 other fundersUp to $250 a year each$450$202$202$100
FundedThrough a donor-advised fundStopped