Kora Shrine Center Foundation
EIN: 460785488 · Lewiston, ME · NTEE: A80
| Metric | Value |
|---|---|
| Total Revenue | $85K |
| Total Expenses | $48K |
| Net Assets | $262K |
Is Kora Shrine Center Foundation Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Kora Shrine Center Foundation
Kora Shrine Center Foundation (EIN: 460785488) is a nonprofit organization based in Lewiston, ME, classified under NTEE code A80. The organization reported total revenue of $85K and total assets of $282K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Kora Shrine Center Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Kora Shrine Center Foundation is a micro nonprofit that has been operating for 4 years, with 8 years of IRS 990 filings on record (2016–2023). Revenue has grown at a compound annual rate of -15.8%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $31K |
| Total Expenses | $48K |
| Surplus / Deficit | $-16,582 |
| Total Assets | $262K |
| Net Assets | $262K |
| Operating Margin | -52.6% |
| Months of Reserves | 65.4 months |
Financial Health Grade: B
In 2023, Kora Shrine Center Foundation reported a deficit of $17K with expenses exceeding revenue, holds 65.4 months of operating reserves (strong position).
Financial Trends
Over 8 years of filings (2016–2023), Kora Shrine Center Foundation's revenue has declined at a compound annual growth rate (CAGR) of -15.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -35.6% | -18.6% | +2.5% |
| 2022 | -32.4% | +566.0% | -15.7% |
| 2021 | +78.7% | +77.0% | +31.5% |
| 2020 | +0.0% | -47.7% | +24.8% |
| 2019 | +8.3% | -36.2% | +20.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2022 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Kora Shrine Center Foundation has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Kora Shrine Center Foundation with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $17K, with expenses exceeding revenue.
Frequently Asked Questions about Kora Shrine Center Foundation
Is Kora Shrine Center Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Kora Shrine Center Foundation (EIN: 460785488) insufficient data. 0 red flags identified, 0 strengths noted.
How does Kora Shrine Center Foundation spend its money?
Detailed spending breakdown data is not yet available for Kora Shrine Center Foundation. Check back for updated IRS 990 analysis.
Are donations to Kora Shrine Center Foundation tax-deductible?
Kora Shrine Center Foundation is registered as a tax-exempt nonprofit (EIN: 460785488). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Kora Shrine Center Foundation located?
Kora Shrine Center Foundation is headquartered in Lewiston, Maine and files with the IRS under EIN 460785488. It is classified under NTEE code A80.
How many years of IRS 990 filings does Kora Shrine Center Foundation have?
Kora Shrine Center Foundation has 8 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $85K in total revenue.
Filing History
IRS 990 filing history for Kora Shrine Center Foundation showing financial trends over 8 years of public records:
Over 8 years of IRS 990 filings (2016–2023), Kora Shrine Center Foundation's revenue has declined by 70%, moving from $105K to $31K. Total assets increased by 287.8% over the same period, from $68K to $262K. Total functional expenses fell by 54%, from $105K to $48K. In its most recent filing year (2023), Kora Shrine Center Foundation reported a deficit of $17K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $31K | $48K | $262K | $0 | — | — |
| 2022 | $49K | $59K | $256K | $0 | — | View 990 |
| 2021 | $72K | $9K | $303K | $0 | — | View 990 |
| 2020 | $40K | $5K | $231K | $0 | — | — |
| 2019 | $40K | $10K | $185K | $0 | — | — |
| 2018 | $37K | $15K | $154K | $0 | — | — |
| 2017 | $112K | $6K | $132K | $0 | — | — |
| 2016 | $105K | $105K | $68K | $42K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $31K, expenses of $48K, and assets of $262K (revenue -35.6% year-over-year).
- 2022: Revenue of $49K, expenses of $59K, and assets of $256K (revenue -32.4% year-over-year).
- 2021: Revenue of $72K, expenses of $9K, and assets of $303K (revenue +78.7% year-over-year).
- 2020: Revenue of $40K, expenses of $5K, and assets of $231K (revenue +0.0% year-over-year).
- 2019: Revenue of $40K, expenses of $10K, and assets of $185K (revenue +8.3% year-over-year).
- 2018: Revenue of $37K, expenses of $15K, and assets of $154K (revenue -66.6% year-over-year).
- 2017: Revenue of $112K, expenses of $6K, and assets of $132K (revenue +6.6% year-over-year).
- 2016: Revenue of $105K, expenses of $105K, and assets of $68K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Kora Shrine Center Foundation:
Data Sources and Methodology
This transparency report for Kora Shrine Center Foundation 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.