Cho INC EIN 23-7094845

Cho INC

EIN  23-7094845 Public charity (501(c)(3)) Vienna, VA
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Size
$100K–1M
What they do
Helps families with urgent needs like housing, food, clothing, medical bills, and furniture.
Leadership
Karen Rasmussen · Corresponding Secretary
Money in and out
$270K revenue, $245K expenses
Bottom line
94% program efficiency

Helps families with urgent needs like housing, food, clothing, medical bills, and furniture. For fiscal year 2025 it reported $270K in revenue, $245K in expenses, and $361K in net assets.Pt I

Where the money goes · FY2025
Total revenue
$270K
Pt VIII · Ln 12
Total expenses
$245K
Pt IX · Ln 25
Net assets
$361K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $24K
Where spending went · Part IX cols B–D
Program services $0.94 Management & general $0.06
Program efficiency
94%
of spending reaches programs0% vs prior filing year
Operating runway
17.7mo
months of highly liquid reserves at operating expense rate▲ +11% vs prior filing year
Surplus margin
+9%
revenue over expenses, this year▲ ×69 vs prior filing year

Summary of the Filing

Part I · fiscal year 2025 · Form 990
Revenue
$270K
FY2025▲ +7%
Expenses
$245K
FY2025▼ -3%
Total assets
$361K
FY2025▲ +7%
Total liabilities
$0
FY2025
Total revenue
$270K
Pt VIII · Ln 12
Total expenses
$245K
Pt IX · Ln 25
Net assets
$361K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$24K
Total assetsPt X · Ln 16$361K
Program-expense ratioPt IX · col B94%
Voting members of governing bodyPt I · Ln 323
Independent voting membersPt I · Ln 423
Mission & Programs · Part III

Where the work happens

3 program services account for $232K of program spending, described in the organization's own filed words · FY2024.
01

Provided direct assistance in the form of rent and utility assistance, medical assistance including help with doctor and dental bills, prescriptions and glasses, transportation assistance in the form of metro cards and taxi vouchers.

$185Kprogram expense
02

Provided gifts and food through a Christmas program, and provided used, refurbished bicycles to children in need.

$27Kprogram expense
03

Operated a clothes closet, food pantry, and provided used furniture to those in need.

$20Kprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CCho INC
EINHdr · item D23-7094845
Principal addressHdr · item CVienna, VA
WebsiteHdr · item Jcho-va.com
Year of formationHdr · item Lpending
State of legal domicileHdr · item MVA
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFHuman Services (P600)
Ruling yearIRS BMFJul 1978

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a23
Independent voting membersPt VI · Ln 1b23
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13Yes
Document retention policyPt VI · Ln 14Yes
CEO/top-official compensation independently reviewedPt VI · Ln 15aYes
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation · most recent filed roster (FY2024); the FY2025 filing did not itemize Part VII
Corresponding Secretary
$0Pt VII · Sec A
Recording Secretary
$0Pt VII · Sec A
Food Closet Chair
$0Pt VII · Sec A
Clothes Close Co-Chair
$0Pt VII · Sec A
Family Emergency Services - Co-Chair
$0Pt VII · Sec A
Family Emergency Services, Co-Chair
$0Pt VII · Sec A
Family Emergency Services, Co-Chair
$0Pt VII · Sec A
Family Emergency Services, Chair
$0Pt VII · Sec A
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Statement of Revenue

Part VIII
Contributions & grants$264K · 98%
Investment income$6K · 2%
Contributions & grants98%$264K
Investment income2%$6K
Total revenueLn 12$270K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.94 Management & general $0.06
Program services94%$232K
Management & general6%$14K
Total functional expensesLn 25$245K

Balance Sheet

Part X · end of year
CashLn 1$359K
Total assetsLn 16$361K
Total liabilitiesLn 26$0
Total net assetsLn 32$361K
Months of cash on handcomputed17.6

Financial Metrics

Form 990 · FY2025 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $359K · Operating expenses (Pt IX) $245K · Less non-cash grants $2K · Cash operating expenses/yr $244K
17.7 months
Where the money goes
Program services
Program services $232K · Total expenses $245K
94%
Management & General
Management & general $14K · Total expenses $245K
6%
Fundraising
Fundraising $0 · Total expenses $245K
0%
Cost to raise $1
Fundraising expense (3-yr avg) $0 · Solicited contributions (3-yr avg) $261K
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $264K · Total revenue $270K
98%
Government reliance
Government grants $0 · Total revenue $270K
0%
Earned-income share
Program service revenue $0 · Total revenue $270K
0%
Investment reliance
Investment income $6K · Total revenue $270K
+2%
Program self-sufficiency
Program service revenue $0 · Total expenses $245K
0%
Growth & trend
Revenue growth (YoY)
This year $270K · Prior year $252K
+7%
Revenue CAGR
FY2020 $525K · FY2024 $270K
-15%
Net-asset trend (YoY)
End of year $361K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $270K · Expenses $245K
+9%
Liabilities-to-Assets
Total liabilities — · Total assets $361K
Net-asset ratio
Net assets $361K · Total assets $361K
100%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $361K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Karen Rasmussen · Reported title Corresponding Secretary · Highest reported compensation $0 · Total expenses $245K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $0 · Total expenses $245K
0%
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 94%
Overhead ratio 6%
Fundraising cost ratio 0%
Revenue growth 7%
Investment management fee ratio 0%
Legal fee ratio 0%
Accounting fee ratio 0%
Fundraising fee ratio 0%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Grants

Schedule I · received and paid
Grants received · FY2024
See all 3 funders →
Grants paid · 16 grants · $1.2M · 2020–2024
Unitemized GrantFY2024$138,699
Unitemized GrantFY2024$36,590
Unitemized GrantFY2024$36,433
Unitemized GrantFY2024$5,099
Unitemized GrantFY2022$133,065
Unitemized GrantFY2022$48,394
Unitemized GrantFY2022$30,597
Unitemized GrantFY2022$2,998
Unitemized GrantFY2021$221,350
Unitemized GrantFY2021$41,627
Unitemized GrantFY2021$26,912
Unitemized GrantFY2021$11,720
Unitemized GrantFY2020$366,164
Unitemized GrantFY2020$29,892
Unitemized GrantFY2020$25,562
Unitemized GrantFY2020$24,184

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2025 (Latest)$270K revenue · viewing · ⤓ 990 PDF
FY2024$252K revenue · ⤓ 990 PDF
FY2023$275K revenue · ⤓ 990 PDF
FY2022$239K revenue · ⤓ 990 PDF
FY2021$525K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2025IRS
Classification, formation year, addressIRS Business Master File
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