Frank F Khulusi and Mona C Khulusi Foundation is a 501(c)(3) organization based in Manhattan Bch, California, registered in 2019, with $55,618 in FY2023 revenue. CharityIndex grades it C+.
Revenue (FY2023)
$56K
▲ 27.6% vs prior year
Philanthropy median: $168K
Expenses (FY2023)
$7,525
Net assets
$385K
Employees
—
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Frank F Khulusi and Mona C Khulusi Foundation— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Frank F Khulusi and Mona C Khulusi Foundation: 614 mo reserves · +86% margin earns a B+ on this criterion. See the exact thresholds →
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Frank F Khulusi and Mona C Khulusi Foundation— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Frank F Khulusi and Mona C Khulusi Foundation: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Revenue grew from $41K (FY2018) to $56K (FY2023) across 6 reported years.
Financial snapshot
Operating margin
86.5%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$385K
Total liabilities
$0
Net assets
$385K
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $55,618▲27.6% | $7,525 | $385,207▲13.4% | $385,207▲13.4% | 990PF |
| 2022 | $43,581▼11.1% | $7,525▲206% | $339,701▲11.9% | $339,701▲11.9% | 990PF |
| 2021 | $49,006▲18.8% | $2,461▼80.8% | $303,645▲18.1% | $303,645▲18.1% | 990PF |
| 2020 | $41,242▼74.2% | $12,793▲208% | $257,100▲12.4% | $257,100▲12.4% | 990PF |
| 2019 | $159,680▲293% | $4,160▼57.8% | $228,651▲213% | $228,651▲213% | 990PF |
| 2018 | $40,608 | $9,847 | $73,131 | $73,131 | 990PF |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
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Data for Frank F Khulusi and Mona C Khulusi Foundation (EIN 81-6994897) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.