Korean Kids And Orphanage Outreach Mission
EIN: 261204716 · Jonesboro, GA · NTEE: P30
Is Korean Kids And Orphanage Outreach Mission Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Korean Kids And Orphanage Outreach Mission
Korean Kids And Orphanage Outreach Mission (EIN: 261204716) is a nonprofit organization based in Jonesboro, GA, classified under NTEE code P30. The organization reported total revenue of $282K and total assets of $340K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Korean Kids And Orphanage Outreach Mission's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Korean Kids And Orphanage Outreach Mission is a small nonprofit that has been operating for 17 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 3.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $135K |
| Total Expenses | $154K |
| Surplus / Deficit | $-18,934 |
| Total Assets | $210K |
| Total Liabilities | $4K |
| Net Assets | $206K |
| Operating Margin | -14.0% |
| Debt-to-Asset Ratio | 1.7% |
| Months of Reserves | 16.4 months |
Financial Health Grade: B
In 2023, Korean Kids And Orphanage Outreach Mission reported a deficit of $19K with expenses exceeding revenue, holds 16.4 months of operating reserves (strong position), has a debt-to-asset ratio of 1.7% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Korean Kids And Orphanage Outreach Mission's revenue has grown at a compound annual growth rate (CAGR) of 3.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -25.8% | +48.4% | -8.3% |
| 2022 | +21.7% | +22.3% | +54.4% |
| 2021 | +18.7% | -13.2% | +79.6% |
| 2020 | +37.9% | +12.8% | +50.5% |
| 2019 | +9.8% | +6.3% | +9.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2009 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Korean Kids And Orphanage Outreach Mission 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 Korean Kids And Orphanage Outreach Mission 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 $19K, with expenses exceeding revenue.
- Debt-to-asset ratio: 1.7%.
Frequently Asked Questions about Korean Kids And Orphanage Outreach Mission
Is Korean Kids And Orphanage Outreach Mission a legitimate charity?
Based on AI analysis of IRS 990 filings, Korean Kids And Orphanage Outreach Mission (EIN: 261204716) insufficient data. 0 red flags identified, 0 strengths noted.
How does Korean Kids And Orphanage Outreach Mission spend its money?
Detailed spending breakdown data is not yet available for Korean Kids And Orphanage Outreach Mission. Check back for updated IRS 990 analysis.
Are donations to Korean Kids And Orphanage Outreach Mission tax-deductible?
Korean Kids And Orphanage Outreach Mission is registered as a tax-exempt nonprofit (EIN: 261204716). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Filing History
IRS 990 filing history for Korean Kids And Orphanage Outreach Mission showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Korean Kids And Orphanage Outreach Mission's revenue has grown by 45.2%, moving from $93K to $135K. Total assets increased by 96.8% over the same period, from $107K to $210K. Total functional expenses rose by 117.3%, from $71K to $154K. In its most recent filing year (2023), Korean Kids And Orphanage Outreach Mission reported a deficit of $19K, with expenses exceeding revenue. The organization holds $4K in liabilities against $210K in assets (debt-to-asset ratio: 1.7%), resulting in net assets of $206K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $135K | $154K | $210K | $4K | — | — |
| 2022 | $182K | $104K | $229K | $4K | — | View 990 |
| 2021 | $150K | $85K | $148K | $1K | — | View 990 |
| 2020 | $126K | $98K | $83K | $406 | — | — |
| 2019 | $91K | $87K | $55K | $1K | — | View 990 |
| 2018 | $83K | $82K | $50K | $845 | — | View 990 |
| 2017 | $53K | $52K | $47K | $0 | — | View 990 |
| 2016 | $49K | $41K | $47K | $0 | — | View 990 |
| 2015 | $59K | $51K | $40K | $157 | — | View 990 |
| 2014 | $44K | $52K | $32K | $29 | — | View 990 |
| 2013 | $102K | $130K | $40K | $145 | — | View 990 |
| 2012 | $118K | $105K | $69K | $2K | — | View 990 |
| 2011 | $93K | $71K | $107K | $52K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $135K, expenses of $154K, and assets of $210K (revenue -25.8% year-over-year).
- 2022: Revenue of $182K, expenses of $104K, and assets of $229K (revenue +21.7% year-over-year).
- 2021: Revenue of $150K, expenses of $85K, and assets of $148K (revenue +18.7% year-over-year).
- 2020: Revenue of $126K, expenses of $98K, and assets of $83K (revenue +37.9% year-over-year).
- 2019: Revenue of $91K, expenses of $87K, and assets of $55K (revenue +9.8% year-over-year).
- 2018: Revenue of $83K, expenses of $82K, and assets of $50K (revenue +57.4% year-over-year).
- 2017: Revenue of $53K, expenses of $52K, and assets of $47K (revenue +8.9% year-over-year).
- 2016: Revenue of $49K, expenses of $41K, and assets of $47K (revenue -17.3% year-over-year).
- 2015: Revenue of $59K, expenses of $51K, and assets of $40K (revenue +34.1% year-over-year).
- 2014: Revenue of $44K, expenses of $52K, and assets of $32K (revenue -57.0% year-over-year).
- 2013: Revenue of $102K, expenses of $130K, and assets of $40K (revenue -13.5% year-over-year).
- 2012: Revenue of $118K, expenses of $105K, and assets of $69K (revenue +26.8% year-over-year).
- 2011: Revenue of $93K, expenses of $71K, and assets of $107K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Korean Kids And Orphanage Outreach Mission:
Data Sources and Methodology
This transparency report for Korean Kids And Orphanage Outreach Mission 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.