Skip to content

California · Nonprofit

X UNDERGRND INC

X UNDERGRND INC (California) receives grants from 3 organizations whose IRS filings report $22,585 to it, the largest being KENJOHN AND JACQUELINE WANG FOUNDATION ($12,635). 3 of them have funded it in more than one year.

Revenue FY2025
$53k
Funders on record
3
Grants received
$23k
Net assets
$36k
3/3 repeat funderspeak grant-dependency 7%
01What it does

What X Undergrnd Inc does

Mission

Innovate and cultivate resources for global leaders

As stated on its FY2025 Form 990-EZ.

Program

  1. Innovate and cultivate resources for global leaders

    $0 spent

The program described on its FY2025 Form 990-EZ. Program spending in total: $0.

02The organization over time

The organization over time

Each line starts at 100 in 2023, so what you read is the shape rather than the size: 150 means half as much again as 2023, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.

100 = 20232023 Revenue 100 ($80k) Expenses 100 ($84k) Net assets -10 ($-3468)2024 Revenue 3 ($2k) Expenses 15 ($13k) Net assets -29 ($-10473)2025 Revenue 66 ($53k) Expenses 24 ($20k) Net assets 100 ($36k)
202320242025
Revenue (66)Expenses (24)Net assets (100)Peer revenue range

Balance sheet

Total assets at each year end, in dollars.

$0
$0
$0
202320242025
Total assets

How it's funded, over time

Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.

2023
2024
2025
ContributionsProgram revenueInvestmentOther

100% of X UNDERGRND INC’s revenue is contributions — more reliant on donations than three-quarters of its peers (97% for the typical peer).

This organization
Typical peer · 4,233 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 2 of the last 3 reported years ran a deficit.

−$3k
’23
−$10k
’24
$33k
’25
03Who funds it

Who funds it, year by year

2022 → 2023: the base broadened from 1 funder to 2 funders, grant income rose $3k → $5k.

From the IRS filings of X UNDERGRND INC’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How concentrated its funding is

X UNDERGRND INC leans on a few funders — its largest provides 56% of grant income and the top three 100%; half comes from just 1 funder.

the vertical line marks half of all grant income — 1 funder to its left

56%
largest funder
100%
top three
~2
effective funders

Largest funder’s share by year: 2022 100% · 2023 86% — diversifying over time.

“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

Where its funders are

68% of X UNDERGRND INC's grant income comes from California funders.

CA
UT

In-state vs out-of-state, by year

’22
’23
California out of state home

Funder states come from each funder’s own filing. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

04Its place in the field

Against its field

X UNDERGRND INC runs a healthier operating margin than three-quarters of the 2,277 public benefit nonprofits its size.

Operating margin62% · top quartile
Revenue growth (annualized)−18% · below the median

this organization peer median middle 50% of peers· 2,277 public benefit nonprofits under $100k, FY2025

Organizations like X UNDERGRND INC

Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.

In California

Nationally

05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Public support

0%

Share of support from the public (Schedule A) — the basis for its public-charity status.

Screen this organization

A dated, signed PDF of the compliance screen for X UNDERGRND INC: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.

A paid feature, included from the $75 plan up. Sign in to download.

Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds X UNDERGRND INC?
X UNDERGRND INC (California) receives grants from 3 organizations whose IRS filings report $22,585 to it, the largest being KENJOHN AND JACQUELINE WANG FOUNDATION ($12,635). 3 of them have funded it in more than one year.
How many funders does X UNDERGRND INC have?
IRS filings report 3 organizations giving $22,585 in grants to X UNDERGRND INC, 3 of which have funded it in more than one year.
Who is the largest funder of X UNDERGRND INC?
KENJOHN AND JACQUELINE WANG FOUNDATION is the largest funder on record, with $12,635 in grants. The full list of funders is on this page.
How can an organization like X UNDERGRND INC find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in California. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

Play a game about who funds X Undergrnd →

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2023–2025), and the filings of 3 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing