philanthropy.org | 990 Resource | FAQ Verify yourself
Sign in

Kare Foundation FY2023 filing

Tax-deductible

Arcadia, CA501(c)(3)Since 2006Recreation & Sports EIN 20-4927605Revenue −$424K in FY2023

On file with the IRSPo Box 662080, 91066-2080 · Arcadia, CATax-exempt since Jan 2008Supporting organization — 509(a)(3)

Claim this org

(tell your story, add context, and more)

What claiming does How does your 990 look to donors? Take the 10-Question Audit

Kare Foundation is organized and operated exclusively for the benefit of and support of the programs and activities of the Kare youth league, a california nonprofit public benefit corporation exempt under irc sec 501(c)(3).

501(c)(3) charity; gifts are tax-deductible.
100¢ of each $1 spent went to programs.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX

Before you give

FY2023 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2025
latest Form 990
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
4 of 6
filings with a surplus
Average surplus $628K a year · 32% of revenue · last 6 filings
Fine: a surplus in 4 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Spent on programs
100%
of spending
Looks good: 100% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Cash reserves
4 mo
of spending, in cash
Plus $27.8M in investments, Pt X · Ln 11–13
Looks good: 3.9 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$0
0% of total assets
Looks good: liabilities are 0% of assets; 50% or less.
Pt X · Ln 26
Independent board members
10
of 16 voting members
Looks good: 10 of 16 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
−$424K
-113% vs prior year
Spent
$1.4M
To programs
100%
Net assets
$28.2M
By yearFY2020–FY2025
Revenue
−$424K
FY2023▼ -113%
Tap a bar for its year
Revenue by fiscal year
FY2020$2.9M
FY2021$3.0M
FY2022$3.2M
FY2023−$424K
FY2024$1.1M
FY2025$2.0M
Expenses
$1.4M
FY2023▼ -30%
Tap a bar for its year
Expenses by fiscal year
FY2020$1.3M
FY2021$861K
FY2022$2.0M
FY2023$1.4M
FY2024$1.3M
FY2025$1.4M
Net assets
$28.2M
FY2023▲ +5%
Tap a bar for its year
Net assets by fiscal year
FY2020$27.0M
FY2021$33.5M
FY2022$26.8M
FY2023$28.2M
FY2024$30.3M
FY2025$32.9M

From the FY2023 Form 990 (year ending June 2023) · figures checked against the IRS filing · see the original

990 PDF Claim
You’re viewing the FY2023 filing — not the latest on file. See the latest (FY2025) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Jan 2008.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

100 cents of each dollar spent went to programs.

Program services 100% · $1.4M Management & general 0% · $243

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

Something off? Claim to add context

Who runs it and what they're paid

19 people listed on the 990.

Part VII, Section A · reportable compensation · most recent filed roster (FY2022); the FY2023 filing did not itemize Part VII
David Guerrero
Board Member
$0Pt VII · Sec A
Mark Hartwig
Board Member
$0Pt VII · Sec A
Harry Joe
Board Member
$0Pt VII · Sec A
Casey Journigan
Board Member
$0Pt VII · Sec A
Terry Stelzriede
Board Member
$0Pt VII · Sec A
Chris Horton
President
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
See Kare Foundation executive salaries →

On this list? Claim this org

Something off? Claim to add context

Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aNo

Programs and updates

Supports youth programs and activities.

Questions for Kare Foundation

Tap to ask. Kare Foundation sees how many people are interested.

Your first name shows with your question. Kare Foundation answers here, for everyone.

Provided by the organization

Know this org? Add your story

1 program · $1.4M · in their own filed words · FY2022
01

The organization was formed for the benefit of and support of the programs and activities of kare youth league (E.I.N. 95-1869644), a 501(c)(3) organization

$1.4Mprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · this organization's grantmaking
Grants paid · 7 grants · $10.1M · 2019–2024
Kare Youth LeagueCA · FY2024$1,356,582
Kare Youth LeagueCA · FY2023$1,247,221
Kare Youth LeagueCA · FY2022$1,397,378
Kare Youth LeagueCA · FY2021$1,991,500
Kare Youth LeagueCA · FY2021$1,991,500
Kare Youth LeagueCA · FY2020$861,316
Kare Youth LeagueCA · FY2019$1,263,250

By the numbers

The FY2023 990, line by line.

Download 990
from philanthropy.org
1The main four
Money inPt VIII
−$424K
Ln 12
Investment incomeLn 3$567K
Money outPt IX
$1.4M
Ln 25
Programscol B$1.4M
Managementcol C$243
Owns and owesPt X
$28.2M
net assets · Ln 32
Cash and savingsLn 1–2$448K
Total assetsLn 16$28.2M
LiabilitiesLn 26$0
PeoplePt VI, VII
19
listed · VII A
PaidVII A0
Voting boardVI 1a16
IndependentVI 1b10
2In more detail
Revenue in detailPt VIII
Investment incomeLn 3$567K
Gains on assetsLn 7−$991K
Total revenueLn 12−$424K
Assets in detailPt X, end of year
SavingsLn 2$448K
Cash and savings togetherLn 1–2$448K
InvestmentsLn 11–13$27.8M
Total assetsLn 16$28.2M
LiabilitiesLn 26$0
Net assetsLn 32$28.2M
OperationsPt I, VI
EmployeesI 50
VolunteersI 615
Fiscal year endsHeaderJune
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY23End FY23
Cash and savingsLn 1–2$331K$448K
InvestmentsLn 11–13$26.5M$27.8M
Total assetsLn 16$26.8M$28.2M
LiabilitiesLn 26$0$0
Net assetsLn 32$26.8M$28.2M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$1.4M$1.4M
Investment management feesLn 11f$243$243
Total functional expensesLn 25$1.4M$1.4M$243$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest $2.0M$1.4M$680K$32.9M 990 PDF
FY2024 $1.1M$1.3M−$129K$30.3M 990 PDF
FY2023 Viewing −$424K$1.4M−$1.8M$28.2M 990 PDF
FY2022 $3.2M$2.0M$1.2M$26.8M 990 PDF
FY2021 $3.0M$861K$2.2M$33.5M 990 PDF
FY2020 $2.9M$1.3M$1.6M$27.0M 990 PDF

More to add? Claim this org

Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants A · Public support O · Explanations
See the full FY2023 990 (6 parts)
Part I · Summary −$423,777 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $0$0
I-9 Program service revenuePrior year $0$0
I-10 Investment incomePrior year $3,228,219−$423,777
I-11 Other revenuePrior year −$291$0
I-12 Total revenuePrior year $3,227,928−$423,777
I-13 Grants and similar amounts paidPrior year $1,991,500$1,397,378
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $0$0
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $0$243
I-18 Total expensesPrior year $1,991,500$1,397,621
I-19 Revenue less expensesPrior year $1,236,428−$1,821,398
Part VI · Governance 10 of 16 board members independent, 1 to look at
VI-1a Voting members of the governing body16
VI-1b Independent voting members10
VI-15a Process for setting top official's payNo
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-14 Document retention and destruction policyYes
Part VIII · Statement of revenue −$423,777 across 3 lines filed
VIII-3 Investment incomeExcluded from tax $567,398$567,398
VIII-7 Net gain or loss on sales of assetsExcluded from tax −$991,175−$991,175
VIII-12 Total revenueRelated to mission $0 · Unrelated business $0 · Excluded from tax −$423,777−$423,777
Part IX · Statement of functional expenses $1,397,621 across 2 lines filed
IX-1 Grants to domestic organizationsPrograms $1,397,378$1,397,378
IX-11f Investment management feesManagement $243$243
IX-25 Total functional expensesPrograms $1,397,378 · Management $243 · Fundraising $0$1,397,621
Part X · Balance sheet $28,200,716 assets, 7 lines filed
X-2 Savings and temporary cash investmentsStart of year $330,564$448,444
X-11 Publicly traded securitiesStart of year $26,492,401$27,752,272
X-16 Total assetsStart of year $26,829,109$28,200,716
X-26 Total liabilitiesStart of year $0$0
X-27 Net assets without donor restrictionsStart of year $26,829,109$28,200,716
X-32 Total net assets or fund balancesStart of year $26,829,109$28,200,716
X-33 Total liabilities and net assetsStart of year $26,829,109$28,200,716
Part XI · Reconciliation of net assets $28,200,716 net assets at year end
XI-1 Total revenue−$423,777
XI-2 Total expenses$1,397,621
XI-3 Revenue less expenses−$1,821,398
XI-4 Net assets at start of year$26,829,109
XI-5 Net unrealized gains (losses) on investments$3,193,005
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$28,200,716

Form 990 e-file (XML) FY2023 from the IRS · Classification, formation year and address from the IRS Business Master File

Similar organizations you could support · Compare with another nonprofit

Names, privacy, and removal requests More

The names, titles, and compensation shown on this page are reproduced from IRS Form 990 filings, which are public records.

Philanthropy.org does not alter the content of those filings. All information appears exactly as reported by the filing organization for the tax year shown.

We publish only information contained in the public IRS filing — and less than the filing contains. Our profile pages do not display street addresses, telephone numbers, personal email addresses, or other personal contact information, even where the filing includes them.

Many people share the same name. A name shown on this page reflects only what one organization reported in one IRS filing for one tax year. It should not be interpreted as identifying any other individual with the same or a similar name.

If you are no longer affiliated with the organization, your name will generally stop appearing in future IRS filings once the organization no longer reports you. Pages for tax years in which you were reported remain published because those filings remain part of the public record.

Philanthropy.org does not alter or remove IRS filing records. Removing a page from this website would not remove the underlying IRS filing, which remains publicly available from the IRS and other publishers of the same information.

If you believe the IRS filing itself is inaccurate, corrections must be made by the filing organization or the IRS directly.

Your org? Add context

Made it to the end? Claim this org

All figures are derived from public IRS Form 990 filings and are presented without evaluation of any organization. philanthropy.org does not rate, score, or rank organizations, including the pay comparisons above.