Gk 1 World Foundation is a 501(c)(3) organization based in La Mirada, California, registered in 2009, with $1,285,062 in FY2024 revenue. CharityIndex grades it B.
Revenue (FY2024)
$1.3M
▲ 25.2% vs prior year
International median: $227K
Expenses (FY2024)
$970K
Net assets
$1.1M
Employees
—
Rated on 2 of 4 criteria — the rest aren't reported in this filing type.
Held down by its weakest criterion — a strong score on one criterion can't hide a weak one.
How the rating works →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 Gk 1 World 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 Gk 1 World Foundation: 13 mo reserves · +25% margin earns a A 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 Gk 1 World 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 Gk 1 World Foundation: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Revenue declined from $2.0M (FY2014) to $1.3M (FY2024) across 11 reported years.
Financial snapshot
Operating margin
24.5%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$1.1M
Total liabilities
$15K
Net assets
$1.1M
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $1,285,062▲25.2% | $970,090▼13.6% | $1,050,067▲42.8% | $1,065,056▲44.7% | 990 |
| 2023 | $1,026,207▲21.4% | $1,123,153▼1.9% | $735,097▼11.7% | $736,103▼11.6% | 990 |
| 2022 | $845,495▼40.9% | $1,145,158▲21.6% | $832,041▼26.5% | $833,125▼26.8% | 990 |
| 2021 | $1,431,271▲80.4% | $941,686▲7.0% | $1,131,704▲76.2% | $1,138,755▲73.8% | 990 |
| 2020 | $793,233▲100% | $880,491▲107% | $642,119▼12.0% | $655,142▼11.8% | 990 |
| 2019 | $395,810▲30.2% | $425,795▼25.4% | $729,377▼3.9% | $742,437▼3.4% | 990 |
| 2018 | $303,909▼67.4% | $570,605▼19.4% | $759,362▼26.0% | $768,710▼26.0% | 990 |
| 2017 | $932,725▼13.7% | $708,377▼54.6% | $1,026,058▲28.0% | $1,038,238▲29.4% | 990 |
| 2016 | $1,081,149▲13.2% | $1,560,682▲27.0% | $801,711▼37.4% | $802,573▼37.4% | 990 |
| 2015 | $954,858▼52.9% | $1,228,757▼28.9% | $1,281,243▼17.6% | $1,281,243▼17.6% | 990 |
| 2014 | $2,025,708 | $1,728,981▲74.5% | $1,555,142▲253% | $1,555,142▲253% | 990 |
| 2011 | — | $990,903▲26.2% | $440,951▲91.0% | $440,951▲91.0% | 990 |
| 2010 | — | $785,097 | $230,868 | $230,868 | 990 |
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.
24 grants to Gk 1 World Foundation totaling $585K, reported by foundations on their Schedule I filings — showing the 15 most recent.
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Data for Gk 1 World Foundation (EIN 35-2361640) 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.