Korean-american Association of Reno is a 501(c)(3) organization based in Reno, Nevada, registered in 2015, with -$446 in FY2024 revenue. CharityIndex grades it F.
Revenue (FY2024)
-$446
▲ 16.9% vs prior year
Arts & Culture median: $159K
Expenses (FY2024)
$2,659
Net assets
$6,583
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 Korean-american Association of Reno— 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 Korean-american Association of Reno: 30 mo reserves · -696% margin earns a F 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 Korean-american Association of Reno— 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 Korean-american Association of Reno: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Revenue grew from -$14K (FY2018) to -$446 (FY2024) across 7 reported years.
Financial snapshot
Operating margin
-696.2%
Spent more than it raised in the latest fiscal year.
Total assets
$6,583
Total liabilities
$0
Net assets
$6,583
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | -$446▲16.9% | $2,659▼59.7% | $6,583▼32.0% | $6,583▼32.0% | 990EZ |
| 2023 | -$537▲59.4% | $6,602▼11.0% | $9,688▼42.4% | $9,688▼42.4% | 990EZ |
| 2022 | -$1,323▼365% | $7,420▲34.4% | $16,827▼34.2% | $16,827▼34.2% | 990EZ |
| 2021 | $500▼98.5% | $5,519▼49.4% | $25,570▼16.4% | $25,570▼16.4% | 990EZ |
| 2020 | $34,100▲718% | $10,911▲303% | $30,589▲313% | $30,589▲313% | 990EZ |
| 2019 | $4,170▲130% | $2,708▼47.0% | $7,400▲24.6% | $7,400▲24.6% | 990EZ |
| 2018 | -$13,840 | $5,112 | $5,938 | $5,938 | 990EZ |
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 Korean-american Association of Reno (EIN 47-3243233) 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.