Koum Family Action Fund

Nonprofit profile at a glance

EIN
332309976
IRS 990 coverage
2024–2024
Forms available
Form 990 2024
Location
Palo Alto, CA, USA
Phone
2128367943
Rating
34
Verdict
REVIEW
Rating confidence
Limited
Sector
Civil Rights, Social Action, Advocacy N.E.C.

Reported finances

Revenue
$4,047,813
Expenses
$0
Assets
$4,047,813
Liabilities
$0

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

Leadership & pay

4 people listed

Executive titles in this filing

  • MICHAEL WEICHHOLZ (PRESIDENT)

People named in this filing

  • AUDREY SCOTT (DIRECTOR)
  • SARA COLORADO (CFO & DIRECTOR)
  • MICHAEL WEICHHOLZ (PRESIDENT)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

The organization's mission is to effect social and public policy change to improve the lives of individuals, our communities, our society, and our world. The organization will promote social and public policy change through activities such as public education and research, capacity building and technical assistance, advocacy and lobbying, grantmaking, and other permissible activities in furtherance of its exempt purposes.the organization's primary focus areas for grantmaking and programmatic activities will be strengthening and expanding the relationship between the united states and israel and enhancing the wellbeing of the jewish people and israel.the organization may support other focus areas that it determines are consistent with and in furtherance of its tax-exempt mission. The organization promotes the general welfare of individuals and their communities by supporting programs and activities to effect changes in public policy that will benefit our society and the world.

What it reported doing in 2024

Advocacy and lobbying: the organization will advocate for programs, policies, legislation, and regulations at the federal, state, or local levels consistent with its tax-exempt mission and programmatic goals, including through direct or grassroots lobbying. The organization will advocate for policy changes and improvements in various areas, including, but not limited to, combating antisemitism. The organization may conduct advocacy and lobbying activities directly and it may also support the advocacy and lobbying activities of its grantees. By advocating for changes in public policy, the organization seeks to improve the lives of individuals and their communities

Operating model

Revenue model
Donor-supported. 100% of the money available for current operations came from contributions and gifts.
Distribution model
No current program activity. The filing reports no program spending for the current year.
  • Includes noncash contributions: Reported contributions include donated property or goods.

The verdict

REVIEW - The filed numbers largely add up. A relatively small share of available resources goes toward mission work and a relatively small share of voting board members are independent.

Rating breakdown

  • Financial Efficiency: 0
  • Transparency & Controls: 92
  • Accountability: 30
  • Sustainability: 11
  • Growth: NotEnoughData

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 0%; rating input score 0
  • Program expense ratio: Limited
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Limited
  • Grant itemization coverage: Limited
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 0%; rating input score 0; 3rd percentile among comparable filings
  • Governance controls: 5 of 7 controls in place; rating input score 71
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: NotApplicable
    • Other executive compensation review process: NotApplicable
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Missing
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: Limited
  • Total-asset coverage ratio: Limited
  • Liabilities to assets ratio: 0; rating input score 97; 97th percentile among comparable filings
  • Officer compensation ratio: Limited

Growth

  • Program expense growth: Limited
  • Revenue growth: Limited
  • Asset growth: Limited

Details

  • Where the money goes: 0% of revenue deployed
  • Governance: 0 of 2 board members independent · 5 of 7 filing controls reported
  • Programs: 4 filed program accomplishments
  • Leadership: top reported pay $0 · 4 people listed
  • Consistency: 10 of 10 current checks pass
  • Schedules: 4 filed schedules · includes major donors
  • Contacts: How to reach this organization
  • Related organizations: 1 filed related-organization link
  • 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.

  • High — Financial Efficiency: Mission deployment rate scored 0/100.
  • High — Accountability: Independent voting board scored 0/100.
  • Review — Accountability: Governance controls: Independent financial-statement audit not reported.