K J Choi Foundation is a 501(c)(3) organization based in Westlake, Texas, registered in 2019, with $338,354 in FY2024 revenue. CharityIndex grades it C+.
Revenue (FY2024)
$338K
▼ 9.4% vs prior year
International median: $227K
Expenses (FY2024)
$311K
Net assets
$716K
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 K J Choi 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 K J Choi Foundation: 28 mo reserves · +8% 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 K J Choi 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 K J Choi Foundation: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Revenue grew from $219K (FY2019) to $338K (FY2024) across 6 reported years.
Financial snapshot
Operating margin
8.1%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$795K
Total liabilities
$79K
Net assets
$716K
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $338,354▼9.4% | $310,829▼19.6% | $715,719▲4.0% | $794,741▲8.1% | 990 |
| 2023 | $373,406▲33.3% | $386,658▲33.6% | $688,194▼1.9% | $735,334▼6.4% | 990 |
| 2022 | $280,056▲8.6% | $289,413▲34.6% | $701,446▼0.6% | $785,978▲4.8% | 990 |
| 2021 | $257,810▼69.0% | $215,063▼29.3% | $705,825▲6.4% | $750,194▲2.7% | 990 |
| 2020 | $832,780▲281% | $304,164▲126% | $663,078▲690% | $730,758▲431% | 990 |
| 2019 | $218,568 | $134,687 | $83,881 | $137,745 | 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.
1 grant to K J Choi Foundation totaling $50K, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Pga Tour Inc | General support | 2021 | $50,000 |
Explore more
Data for K J Choi Foundation (EIN 38-4065282) 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.