Parkus&lim Foundation is a 501(c)(3) organization based in San Diego, California, registered in 2022, with -$118,046 in FY2024 revenue. CharityIndex grades it F.
Revenue (FY2024)
-$118K
▼ 183.1% vs prior year
Philanthropy median: $168K
Expenses (FY2024)
$16K
Net assets
$272K
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 Parkus&lim 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 Parkus&lim Foundation: 199 mo reserves · -114% 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 Parkus&lim 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 Parkus&lim Foundation: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Revenue declined from $221K (FY2021) to -$118K (FY2024) across 4 reported years.
Financial snapshot
Operating margin
-113.9%
Spent more than it raised in the latest fiscal year.
Total assets
$272K
Total liabilities
$0
Net assets
$272K
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | -$118,046▼183% | $16,411▲55.3% | $272,284▲48.7% | $272,284▲48.7% | 990PF |
| 2023 | $142,097▲490% | $10,569▲20.2% | $183,119▲105% | $183,119▲105% | 990PF |
| 2022 | $24,100▼89.1% | $8,796▼37.2% | $89,239▼56.8% | $89,239▼59.6% | 990PF |
| 2021 | $220,789 | $14,000 | $206,789 | $220,789 | 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 Parkus&lim Foundation (EIN 87-3677140) 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.