Kote Sa Bon

Nonprofit profile at a glance

EIN
922514524
IRS 990-PF coverage
2023–2024
Forms available
Form 990-PF 2024
Location
Corona Del Mar, CA, USA
Phone
7608516058
Rating
85
Verdict
STRONG
Rating confidence
Standard
Sector
Community, Neighborhood Development

Reported finances

Revenue
$676,262
Expenses
$420,314

Source: IRS Form 990-PF. Selected filing: tax year 2024. Amounts in USD.

Overview

Mission

Community, Neighborhood Development

What it reported funding in 2024

The foundation reported 1 grant totaling $313,222. The stated grant purpose was to provide for the care, education, and well-being of 13 children under the legal guardianship of the grantee, including expenses related to adoption, school, food, housing, and other essential needs..

Operating model

Revenue model
Donor-supported. 98% of the foundation's positive operating resources came from contributions.
Distribution model
Grant intermediary. The foundation distributed 77% of its reported charitable disbursements as grants.
  • Includes asset-sale income: Asset-sale income is shown separately from recurring resources when classifying the revenue model.

The verdict

STRONG - A large share of available resources goes to charitable grants and the filing identifies who received its grants. Assets provide a limited cushion relative to annual grants and the filing reports one or more activities that warrant closer review.

Rating breakdown

  • Grant Deployment: 100
  • Cost Efficiency: 75
  • Transparency: 100
  • Compliance: 98
  • Endowment Health: 3

Detailed rating inputs

Grant Deployment

  • Grant deployment ratio: 100%; rating input score 100; 96th percentile among comparable filings

Cost Efficiency

  • Grant expense ratio: 74.5%; rating input score 75; 40th percentile among comparable filings

Transparency

  • Grant recipient disclosure: Yes; rating input score 100

Compliance

  • Part VII-B activity disclosures: 18 of 19 controls in place; rating input score 95
    • Property sale or exchange with a disqualified person: Pass
    • Borrowing from or lending to a disqualified person: Pass
    • Goods, services, or facilities involving a disqualified person: Pass
    • Compensation paid to a disqualified person: Pass
    • Assets transferred to a disqualified person: Pass
    • Payment to a government official: Pass
    • Uncorrected prior self-dealing: Pass
    • Prior-year undistributed income: Pass
    • Excess business holdings: Pass
    • Investments that may jeopardize charitable purposes: Pass
    • Uncorrected prior-year jeopardizing investments: Pass
    • Attempt to influence legislation: Pass
    • Attempt to influence an election: Pass
    • Grants to individuals: Pass
    • Grants to organizations: Fail
    • Spending for a noncharitable purpose: Pass
    • Funds received for a personal-benefit contract: Pass
    • Premiums paid on a personal-benefit contract: Pass
    • Prohibited tax-shelter transaction: Pass
  • Filing consistency checks: 9; rating input score 100

Endowment Health

  • Endowment-health comparison: 1.62; rating input score 3; 3rd percentile among comparable filings

Details

  • Where the money goes: Financial trends and filed revenue, expense, asset, and liability detail
  • Grants: 100% of grant recipient detail disclosed
  • Payout: At least 100% grant deployment rate
  • Trustees: Filed trustees detail
  • Self-dealing: 100% of reviewed questions answered “No”
  • Investments: 3th percentile for endowment coverage
  • Consistency: 9 of 9 current checks pass
  • Schedules: 1 filed schedules
  • Filing history: 2 filing years from 2023 to 2024
  • Contacts: How to reach this organization
  • Money network: 3 filed money-flow records
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

Grant-readiness screening is separate from the live rating, not a measure of program quality. Review the source records before making a grant decision.

  • High — Endowment Health: Endowment-health comparison scored 3/100.
  • Review — Compliance: Part VII-B activity disclosures: Grants to organizations not reported.
  • Review — Grant Readiness: California registration: this organization could not be resolved against the register, so the check is unfinished.