Kor Education School
Kor Education School shows consistent revenue growth, strong asset accumulation, and no reported officer compensation over a decade.
EIN: 201183373 · College Sta, TX · NTEE: B24 · Updated: 2026-03-28
Is Kor Education School Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Kor Education School directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Kor Education School
Kor Education School (EIN: 201183373) is a nonprofit organization based in College Sta, TX, classified under NTEE code B24. The organization reported total revenue of $1.5M and total assets of $3.3M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Kor Education School's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Kor Education School with a Mission Score of 90 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Kor Education School allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.
Executive Compensation Analysis
Kor Education School has consistently reported 0% officer compensation across all 13 IRS 990 filings, indicating that its leadership is either entirely volunteer-based or compensated through non-officer categories, which is highly unusual for an organization with over $1.2 million in annual revenue.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Kor Education School's IRS 990 filings:
- No reported officer compensation for an organization with over $1 million in revenue, which could indicate compensation is reported in other categories or a reliance on unpaid leadership that may not be sustainable long-term.
Strengths
The following positive indicators were identified for Kor Education School:
- Consistent revenue growth over a decade, from $713,355 in 2014 to $1,279,292 in 2023.
- Strong asset accumulation, growing from $1,151,015 in 2014 to $2,668,341 in 2023.
- Consistent financial surpluses, with expenses significantly lower than revenue in most periods (e.g., $1,279,292 revenue vs. $976,538 expenses in 2023).
- Very low liabilities across all reported periods, indicating minimal debt and strong financial health.
- High program focus implied by consistent surpluses and asset growth, suggesting resources are effectively managed for mission delivery.
Frequently Asked Questions about Kor Education School
Is Kor Education School a legitimate charity?
Based on AI analysis of IRS 990 filings, Kor Education School (EIN: 201183373) some concerns. Mission Score: 90/100. 1 red flag identified, 5 strengths noted.
How does Kor Education School spend its money?
Kor Education School directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Kor Education School tax-deductible?
Kor Education School is registered as a tax-exempt nonprofit (EIN: 201183373). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is Kor Education School financially stable?
Yes, Kor Education School is financially stable. Its assets have grown consistently from $1,151,015 in 2014 to $2,668,341 in 2023, and it consistently reports a surplus, with revenue exceeding expenses (e.g., $1,279,292 revenue vs. $976,538 expenses in 2023).
How has Kor Education School's revenue changed over time?
Kor Education School has experienced significant revenue growth, increasing from $713,355 in 2014 to $1,279,292 in 2023, demonstrating a strong upward trend in financial support.
What is Kor Education School's debt burden?
Kor Education School maintains a very low debt burden. Liabilities have been consistently minimal, often negligible (e.g., $62 in 2023, $0 in 2017), indicating sound financial management and a lack of significant debt.
Does Kor Education School pay its officers?
According to all available IRS 990 filings from 2014 to 2023, Kor Education School has reported 0% officer compensation, suggesting that officers are not compensated or are compensated through other means not classified as officer compensation.
Filing History
IRS 990 filing history for Kor Education School showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Kor Education School's revenue has grown by 151.8%, moving from $508K to $1.3M. Total assets increased by 376% over the same period, from $561K to $2.7M. Total functional expenses rose by 202.7%, from $323K to $977K. In its most recent filing year (2023), Kor Education School reported a surplus of $303K, with revenue exceeding expenses. The organization holds $62 in liabilities against $2.7M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $2.7M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $1.3M | $977K | $2.7M | $62 | — | — |
| 2022 | $946K | $877K | $2.5M | $122K | — | View 990 |
| 2021 | $895K | $806K | $2.3M | $9K | — | View 990 |
| 2020 | $945K | $824K | $2.3M | $131K | — | View 990 |
| 2019 | $994K | $783K | $2.1M | $62 | — | View 990 |
| 2018 | $908K | $730K | $1.9M | $195 | — | View 990 |
| 2017 | $899K | $702K | $1.7M | $0 | — | View 990 |
| 2016 | $811K | $619K | $1.5M | $1 | — | View 990 |
| 2015 | $731K | $581K | $1.3M | $47 | — | View 990 |
| 2014 | $713K | $523K | $1.2M | $0 | — | View 990 |
| 2013 | $711K | $483K | $963K | $2K | — | View 990 |
| 2012 | $576K | $409K | $727K | $798 | — | View 990 |
| 2011 | $508K | $323K | $561K | $441 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.3M, expenses of $977K, and assets of $2.7M (revenue +35.3% year-over-year).
- 2022: Revenue of $946K, expenses of $877K, and assets of $2.5M (revenue +5.7% year-over-year).
- 2021: Revenue of $895K, expenses of $806K, and assets of $2.3M (revenue -5.3% year-over-year).
- 2020: Revenue of $945K, expenses of $824K, and assets of $2.3M (revenue -4.9% year-over-year).
- 2019: Revenue of $994K, expenses of $783K, and assets of $2.1M (revenue +9.5% year-over-year).
- 2018: Revenue of $908K, expenses of $730K, and assets of $1.9M (revenue +1.0% year-over-year).
- 2017: Revenue of $899K, expenses of $702K, and assets of $1.7M (revenue +10.9% year-over-year).
- 2016: Revenue of $811K, expenses of $619K, and assets of $1.5M (revenue +10.9% year-over-year).
- 2015: Revenue of $731K, expenses of $581K, and assets of $1.3M (revenue +2.5% year-over-year).
- 2014: Revenue of $713K, expenses of $523K, and assets of $1.2M (revenue +0.4% year-over-year).
- 2013: Revenue of $711K, expenses of $483K, and assets of $963K (revenue +23.4% year-over-year).
- 2012: Revenue of $576K, expenses of $409K, and assets of $727K (revenue +13.4% year-over-year).
- 2011: Revenue of $508K, expenses of $323K, and assets of $561K.
Data Sources and Methodology
This transparency report for Kor Education School is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.