Quick charity verification for Starkville Korean Church Inc (EIN: 203356655)
Verdict: Starkville Korean Church Inc appears trustworthy
95/100Mission Score
$57KRevenue
$23KAssets
0Red Flags
5Strengths
No red flags identified.
Strengths
Strong revenue growth from $34,793 in 2019 to $57,262 in 2022.
Significant asset growth from $4,259 in 2019 to $22,894 in 2022.
Zero reported officer compensation in both filing periods, indicating high efficiency and mission focus.
No reported liabilities, suggesting strong financial solvency.
Consistent IRS 990 filing history.
Spending Breakdown
How Starkville Korean Church Inc allocates its funds across programs, administration, and fundraising.
90%
Program Spending
Healthy — majority goes to mission
10%
Admin Costs
Reasonable — admin costs in check
0%
Fundraising
Within typical range
How to read this: Well-run charities typically spend 75% or more on programs, keep admin under 25%, and fundraising under 15%. A high program ratio means more of every dollar goes directly to the mission.
How to Interpret This Report
What Red Flags Mean
Red flags are potential warning signs identified by AI analysis of IRS 990 filings. They may indicate issues like declining revenue, high executive pay relative to program spending, lack of transparency, or governance concerns. A single red flag does not necessarily mean an organization is untrustworthy, but multiple flags warrant further investigation before donating.
What Mission Score Measures
The Mission Score (0-100) evaluates how effectively a nonprofit fulfills its stated purpose. It combines multiple factors: program spending efficiency (how much goes to programs vs. overhead), financial health and sustainability, governance quality, transparency in reporting, and consistency of operations over time. A score of 70+ indicates strong alignment with the organization’s mission.
Using This Data for Donation Decisions
Use this report as one input in your decision. Look at the overall Mission Score for a quick assessment, review red flags and strengths for specific concerns, check the spending breakdown to see where money goes, and compare executive compensation to the organization’s size. Consider viewing the full transparency report for deeper analysis, and always verify tax-exempt status with the IRS before making large donations.
Frequently Asked Questions about Starkville Korean Church Inc
Is Starkville Korean Church Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Starkville Korean Church Inc (EIN: 203356655) appears trustworthy. Mission Score: 95/100. 0 red flags identified, 5 strengths noted.
Is Starkville Korean Church Inc a good charity to donate to?
Starkville Korean Church Inc has a Mission Score of 95/100. Revenue: $57K. Assets: $23K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Starkville Korean Church Inc?
The Employer Identification Number (EIN) for Starkville Korean Church Inc is 203356655. This is the unique tax ID assigned by the IRS.
What is a Mission Score?
The Mission Score is a 0-100 rating that measures how effectively a nonprofit fulfills its stated mission. It factors in program spending efficiency, financial transparency, governance practices, and outcome reporting. Scores above 70 indicate strong mission alignment, 40-69 suggest mixed performance, and below 40 signals potential concerns.
How does Starkville Korean Church Inc spend its money?
Starkville Korean Church Inc allocates 90% to programs, 10% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Starkville Korean Church Inc's tax-exempt status?
You can verify Starkville Korean Church Inc's tax-exempt status using EIN 203356655 on the IRS Tax Exempt Organization Search (TEOS) at apps.irs.gov/app/eos. You can also request copies of their Form 990 directly from the organization, as they are required by law to provide them upon request.
AI Transparency Report
Starkville Korean Church Inc appears to be in a stable financial position, demonstrating growth in revenue and assets over the past few years. In 2022, the organization reported revenue of $57,262, significantly higher than its 2019 revenue of $34,793, indicating positive financial momentum. Its assets have also grown substantially from $4,259 in 2019 to $22,894 in 2022, with no reported liabilities, suggesting good financial management and solvency. The organization's spending efficiency is commendable, as it reported no officer compensation in either filing period, which is a strong indicator of resources being directed towards its mission rather than executive salaries. While specific program spending details are not provided in the summary data, the absence of executive compensation suggests a high degree of program focus. The organization's transparency is good, with two filings available, showing consistent reporting.