Starkville Korean Church Inc
Starkville Korean Church Inc shows strong revenue and asset growth with no executive compensation.
EIN: 203356655 · Starkville, MS · NTEE: X21 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $57K |
| Total Expenses | $43K |
| Program Spending | 90% |
| Net Assets | $23K |
| Transparency Score | 95/100 |
Is Starkville Korean Church Inc Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Starkville Korean Church Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Starkville Korean Church Inc
Starkville Korean Church Inc (EIN: 203356655) is a nonprofit organization based in Starkville, MS, classified under NTEE code X21. The organization reported total revenue of $57K and total assets of $23K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Starkville Korean Church Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Starkville Korean Church Inc is a micro nonprofit that has been operating for 20 years, with 2 years of IRS 990 filings on record (2019–2022). Revenue has grown at a compound annual rate of 18.1%.
Key Financial Metrics (2022)
From the most recent IRS 990 filing on record:
| Total Revenue | $57K |
| Total Expenses | $43K |
| Surplus / Deficit | +$14K |
| Total Assets | $23K |
| Net Assets | $23K |
| Operating Margin | 24.8% |
| Months of Reserves | 6.4 months |
Financial Health Grade: A
In 2022, Starkville Korean Church Inc reported a surplus of $14K with revenue exceeding expenses, holds 6.4 months of operating reserves (strong position).
Financial Trends
Over 2 years of filings (2019–2022), Starkville Korean Church Inc's revenue has grown at a compound annual growth rate (CAGR) of 18.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2022 | +64.6% | +16.4% | +437.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 7000 |
| IRS Ruling Date | 2006 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Starkville Korean Church Inc with a Mission Score of 95 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: 90%
- fundraising: 0%
According to IRS 990 filings, Starkville Korean Church Inc allocates its expenses as follows: admin: 10%, programs: 90%, fundraising: 0%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2022)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $14K, with revenue exceeding expenses.
Executive Compensation Analysis
Executive compensation is 0% of expenses for both reported periods, indicating that no funds are being used for officer salaries, which is highly favorable for a nonprofit of this size and suggests a volunteer-driven leadership.
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.
Strengths
The following positive indicators were identified for Starkville Korean Church Inc:
- 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.
Frequently Asked Questions about Starkville Korean Church Inc
Is Starkville Korean Church Inc a legitimate charity?
Starkville Korean Church Inc (EIN: 203356655) is a registered tax-exempt nonprofit based in Mississippi. Our AI analysis gives it a Mission Score of 95/100. It has 2 years of IRS 990 filings on record. Total revenue: $57K. No red flags identified. 5 strengths noted. Financial health grade: A.
How does Starkville Korean Church Inc spend its money?
Starkville Korean Church Inc directs 90% of its spending to programs and services. This exceeds the 65% industry benchmark.
Are donations to Starkville Korean Church Inc tax-deductible?
Starkville Korean Church Inc is registered as a tax-exempt nonprofit (EIN: 203356655). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How does Starkville Korean Church Inc compare to similar nonprofits?
With a transparency score of 95/100 (Excellent), Starkville Korean Church Inc is above average for NTEE category X21 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Starkville Korean Church Inc located?
Starkville Korean Church Inc is headquartered in Starkville, Mississippi and files with the IRS under EIN 203356655. It is classified under NTEE code X21.
How many years of IRS 990 filings does Starkville Korean Church Inc have?
Starkville Korean Church Inc has 2 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 $57K in total revenue.
Is Starkville Korean Church Inc a good charity?
Based on the available data, Starkville Korean Church Inc appears to be a very good charity. It demonstrates strong financial health with growing revenue and assets, and critically, reports 0% officer compensation, meaning all funds are directed towards its mission and operational costs.
How has Starkville Korean Church Inc's financial health changed over time?
The organization's financial health has improved significantly. Revenue increased from $34,793 in 2019 to $57,262 in 2022, and assets grew from $4,259 to $22,894 in the same period, indicating positive growth and accumulation of resources.
What is the organization's approach to executive compensation?
Starkville Korean Church Inc reports 0% officer compensation for both 2019 and 2022, indicating that its leadership is likely volunteer-based or compensated through other means not reported as officer compensation, which is a very positive sign for resource allocation.
Filing History
IRS 990 filing history for Starkville Korean Church Inc showing financial trends over 2 years of public records:
Over 2 years of IRS 990 filings (2019–2022), Starkville Korean Church Inc's revenue has grown by 64.6%, moving from $35K to $57K. Total assets increased by 437.5% over the same period, from $4K to $23K. Total functional expenses rose by 16.4%, from $37K to $43K. In its most recent filing year (2022), Starkville Korean Church Inc reported a surplus of $14K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2022 | $57K | $43K | $23K | $0 | — | View 990 |
| 2019 | $35K | $37K | $4K | $0 | — | — |
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Starkville Korean Church Inc:
Data Sources and Methodology
This transparency report for Starkville Korean Church Inc 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.