Korean-american Society of Greater Richmond is a 501(c)(3) organization based in N Chesterfield, Virginia, registered in 2001, with $50,550 in FY2024 revenue. CharityIndex grades it C+.
Revenue (FY2024)
$51K
▲ 36.0% vs prior year
Arts & Culture median: $159K
Expenses (FY2024)
$33K
Net assets
$265K
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 Society of Greater Richmond— 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 Society of Greater Richmond: 98 mo reserves · +36% 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 Korean-american Society of Greater Richmond— 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 Society of Greater Richmond: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Revenue grew from $42K (FY2011) to $51K (FY2024) across 14 reported years.
Financial snapshot
Operating margin
35.7%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$265K
Net assets
$265K
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $50,550▲36.0% | $32,522▼3.9% | $264,621▲7.3% | $264,621▲7.3% | 990EZ |
| 2023 | $37,174▲6.2% | $33,850▼24.8% | $246,593▲1.4% | $246,593▲1.4% | 990EZ |
| 2022 | $35,018▼7.7% | $45,034▲18.4% | $243,269▼4.0% | $243,269▼4.0% | 990EZ |
| 2021 | $37,942▲186% | $38,041▲519% | $253,285 | $253,285 | 990EZ |
| 2020 | $13,281▼70.4% | $6,141▼84.9% | $253,384▲2.9% | $253,384▲2.9% | 990EZ |
| 2019 | $44,818▲16.9% | $40,746▲20.1% | $246,244▲2.4% | $246,244▲2.4% | 990EZ |
| 2018 | $38,351▼15.5% | $33,930▼10.8% | $240,388▲5.1% | $240,388▲5.1% | 990EZ |
| 2017 | $45,392▲45.9% | $38,047▲0.3% | $228,631▲3.6% | $228,631▲3.6% | 990EZ |
| 2016 | $31,107▼30.1% | $37,923▲9.3% | $220,657▼1.9% | $220,657▼1.9% | 990EZ |
| 2015 | $44,482▲8.7% | $34,699▼17.6% | $224,997▲4.5% | $224,997▲4.5% | 990EZ |
| 2014 | $40,914▼0.3% | $42,094▲7.3% | $215,214▼0.4% | $215,214▼0.4% | 990EZ |
| 2013 | $41,051▲6.3% | $39,229▲0.3% | $216,131▲0.4% | $216,131▲0.4% | 990EZ |
| 2012 | $38,602▼7.4% | $39,113▼6.1% | $215,189▼0.5% | $215,189▼0.5% | 990EZ |
| 2011 | $41,669 | $41,669 | $216,279 | $216,279 | 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 Society of Greater Richmond (EIN 54-1995032) 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.