Kwek Society Corp
EIN: 824369803 · Arlington, VA · NTEE: P99
| Metric | Value |
|---|---|
| Total Revenue | $693K |
| Total Expenses | $214K |
| Net Assets | $246K |
Is Kwek Society Corp Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Kwek Society Corp
Kwek Society Corp (EIN: 824369803) is a nonprofit organization based in Arlington, VA, classified under NTEE code P99. The organization reported total revenue of $693K and total assets of $394K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Kwek Society Corp's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Kwek Society Corp is a small nonprofit that has been operating for 8 years, with 4 years of IRS 990 filings on record (2020–2023). Revenue has grown at a compound annual rate of 36.3%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $330K |
| Total Expenses | $214K |
| Surplus / Deficit | +$116K |
| Total Assets | $246K |
| Net Assets | $246K |
| Operating Margin | 35.1% |
| Months of Reserves | 13.8 months |
Financial Health Grade: A
In 2023, Kwek Society Corp reported a surplus of $116K with revenue exceeding expenses, holds 13.8 months of operating reserves (strong position).
Financial Trends
Over 4 years of filings (2020–2023), Kwek Society Corp's revenue has grown at a compound annual growth rate (CAGR) of 36.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +73.2% | +56.3% | +89.7% |
| 2022 | +23.1% | +15.6% | +69.9% |
| 2021 | +18.6% | +28.4% | +90.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2018 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Kwek Society Corp 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 Kwek Society Corp 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 surplus of $116K, with revenue exceeding expenses.
Frequently Asked Questions about Kwek Society Corp
Is Kwek Society Corp a legitimate charity?
Based on AI analysis of IRS 990 filings, Kwek Society Corp (EIN: 824369803) insufficient data. 0 red flags identified, 0 strengths noted.
How does Kwek Society Corp spend its money?
Detailed spending breakdown data is not yet available for Kwek Society Corp. Check back for updated IRS 990 analysis.
Are donations to Kwek Society Corp tax-deductible?
Kwek Society Corp is registered as a tax-exempt nonprofit (EIN: 824369803). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Kwek Society Corp located?
Kwek Society Corp is headquartered in Arlington, Virginia and files with the IRS under EIN 824369803. It is classified under NTEE code P99.
How many years of IRS 990 filings does Kwek Society Corp have?
Kwek Society Corp has 4 years of IRS 990 filings on record at NonprofitSpending. Additional filing years may become available as the IRS releases new data. The most recent filing shows $693K in total revenue.
Filing History
IRS 990 filing history for Kwek Society Corp showing financial trends over 4 years of public records:
Over 4 years of IRS 990 filings (2020–2023), Kwek Society Corp's revenue has grown by 153%, moving from $130K to $330K. Total assets increased by 512.6% over the same period, from $40K to $246K. Total functional expenses rose by 132%, from $92K to $214K. In its most recent filing year (2023), Kwek Society Corp reported a surplus of $116K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $330K | $214K | $246K | $0 | — | — |
| 2022 | $190K | $137K | $130K | $0 | — | View 990 |
| 2021 | $155K | $118K | $76K | $0 | — | — |
| 2020 | $130K | $92K | $40K | $0 | — | — |
Year-by-Year Financial Summary
- 2023: Revenue of $330K, expenses of $214K, and assets of $246K (revenue +73.2% year-over-year).
- 2022: Revenue of $190K, expenses of $137K, and assets of $130K (revenue +23.1% year-over-year).
- 2021: Revenue of $155K, expenses of $118K, and assets of $76K (revenue +18.6% year-over-year).
- 2020: Revenue of $130K, expenses of $92K, and assets of $40K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Kwek Society Corp:
Data Sources and Methodology
This transparency report for Kwek Society Corp 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.