Civic Intelligence

The Korb Family Foundation

EIN 85-2353221 • 501(c)3 • Palmdale, CA

Profile

To provide support to the community, specifically individuals in need.

1008 W Avenue M14 Suite A - D180Palmdale, CA 93551

thekorbfamilyfoundation.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on the latest valid filing.

Source year 2024

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on the latest valid filing.

Source year 2024

Net Margin

Score unavailable

No value available

Net margin requires both revenue and expenses on the latest valid filing.

Source year 2024

Top Officer Pay

99th percentile

$150,000

Higher top officer pay than 99% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2024

Asset Growth

24th percentile

-38%

Faster asset growth than 24% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2023 to 2024

Revenue Growth

Score unavailable

No value available

A valid growth rate could not be computed from the available filing history.

Annualized from 2023 to 2024

Balance Sheet
Liabilities / AssetsScore unavailable

Assets

Down

$272,905

Down $164,331 (-38%) from 2023

Liabilities

-

No earlier filing loaded for comparison.

Net Assets

Down

$272,905

Down $164,331 (-38%) from 2023

Operations
Liabilities / RevenueScore unavailableNet MarginScore unavailable

Revenue

Up

$0

Up $117,363 (+100%) from 2023

Expenses

Up

$164,331

Up $149,578 (+1014%) from 2023

Net Income

Down

-$164,331

Down $32,215 (-24%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth24th percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$1.0M$500K$0Assets 2020: $600,932Liabilities 2020: $0Net Assets 2020: $600,9322020Assets 2021: $905,722Liabilities 2021: $0Net Assets 2021: $905,7222021Assets 2022: $569,352Liabilities 2022: $0Net Assets 2022: $569,3522022Assets 2023: $437,236Net Assets 2023: $437,2362023Assets 2024: $272,905Net Assets 2024: $272,9052024

Highlighted filing

2024

Assets$272,905
Liabilities-
Net Assets$272,905
Open 2024 Filing

Operations Trend

Revenue GrowthScore unavailable

Revenue, expenses, and net income by year, with the latest filing highlighted.

$1.0M$500K$0-$500KRevenue 2020: $601,000Expenses 2020: $68Net Income 2020: $600,9322020Revenue 2021: $293,658Expenses 2021: $580Net Income 2021: $293,0782021Revenue 2022: -$143,895Expenses 2022: $192,475Net Income 2022: -$336,3702022Revenue 2023: -$117,363Expenses 2023: $14,753Net Income 2023: -$132,1162023Revenue 2024: $0Expenses 2024: $164,331Net Income 2024: -$164,3312024

Highlighted filing

2024

Revenue$0
Expenses$164,331
Net Income-$164,331
Open 2024 Filing

Filings

Most recent year

2024 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$272,905
Liabilities
-
Net assets
$272,905
Revenue
$0
Expenses
$164,331
Net income
-$164,331
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$2.73$2.73$0.00$1.64$1.64
2023Detailed filing. Detailed filing data is available for this year.$4.37$4.37$1.17$0.15$1.32
2022Detailed filing. Detailed filing data is available for this year.$5.69$0.00$5.69$1.44$1.92$3.36
2021Detailed filing. Detailed filing data is available for this year.$9.06$0.00$9.06$2.94$0.01$2.93
2020Detailed filing. Detailed filing data is available for this year.$6.01$0.00$6.01$6.01$0.00$6.01
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Oct 22, 2025
Return Version
2024v5.2
Mission and Program Overview

Mission

To provide support to the community, specifically to individuals in need.

To provide support to the community, specifically individuals in need.

Program Services

DescriptionGrantsExpenses
THE MAJOR ACCOMPLISHMENTS FOR THE KORB FAMILY FOUNDATION WAS TO CONTINUE TO ESTABLISH OUR WEBSITE AND OBTAIN FUNDING FOR THE FOUNDATION.-$164,331
Compensation and Service Providers
Top Officer Pay99th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
DANIEL KORBPresident-$150,000-$150,000
Filing and Contact Details

Filer

Filer Name
The Korb Family Foundation
EIN
85-2353221
Phone
3104034893
Address
1008 W AVENUE M14 SUITE A - D180, PALMDALE, CA 93551

Signing Officer

Name
Daniel Korb
Title
President
Signed
2025-10-22
Discuss with paid preparer
Yes

Preparer

Firm
Kurcias Jaffe & Company LLP
Address
534 Broadhollow Road Suite 450, Melville, NY 11747
Preparer
Eric Mendelsohn CPA
Phone
5164827777
Supplemental Narrative

Additional Explanations

Other Expenses.1

“COMPUTER EXPENSES $157”

Other Expenses.2

“BANK CHARGES $40”

Other Expenses.3

“FILING FEES $25”

Raw XML Appendix117 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
IRS990EZ/ActivitiesNotPreviouslyRptInd0false
IRS990EZ/BooksInCareOfDetail/PersonNm0DANIEL KORB
IRS990EZ/BooksInCareOfDetail/PhoneNum03104034893
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt01008 W AVENUE M14 SUITE A - D180
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0PALMDALE
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0CA
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd093551
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt0437236
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt0272905
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/CostOfGoodsSoldAmt00
IRS990EZ/CostOrOtherBasisExpenseSaleAmt00
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt0-164331
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt02410
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt0437236
IRS990EZ/Form990TotalAssetsGrp/EOYAmt0272905
IRS990EZ/FundraisingGrossIncomeAmt00
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingAccrualInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt0437236
IRS990EZ/NetAssetsOrFundBalancesEOYAmt0272905
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt0437236
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt0272905
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt01.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt0150000
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0DANIEL KORB
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0President
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherExpensesTotalAmt0222
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0TO PROVIDE SUPPORT TO THE COMMUNITY, SPECIFICALLY INDIVIDUALS IN NEED.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0THE MAJOR ACCOMPLISHMENTS FOR THE KORB FAMILY FOUNDATION WAS TO CONTINUE TO ESTABLISH OUR WEBSITE AND OBTAIN FUNDING FOR THE FOUNDATION.
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt0164331
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/SalariesOtherCompEmplBnftAmt0161699
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SpecialEventsDirectExpensesAmt00
IRS990EZ/StatesWhereCopyOfReturnIsFldCd0CA
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TaxImposedOnOrganizationMgrAmt00
IRS990EZ/TaxImposedUnderIRC4911Amt00
IRS990EZ/TaxImposedUnderIRC4912Amt00
IRS990EZ/TaxImposedUnderIRC4955Amt00
IRS990EZ/TaxReimbursedByOrganizationAmt00
IRS990EZ/TotalExpensesAmt0164331
IRS990EZ/TotalProgramServiceExpensesAmt0164331
IRS990EZ/TotalRevenueAmt00
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0THEKORBFAMILYFOUNDATION.ORG
IRS990ScheduleA/First5Years170Ind0X
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0300000
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0601000
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0901000
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt00
IRS990ScheduleA/OtherIncome170Grp/TotalAmt00
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.00000
IRS990ScheduleA/PublicSupportTotal170Amt0901000
IRS990ScheduleA/SubstantialContributorsTotAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/TotalAmt00
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0300000
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0601000
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0901000
IRS990ScheduleA/TotalSupportAmt0901000
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt00
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0COMPUTER EXPENSES $157
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1BANK CHARGES $40
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2FILING FEES $25
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Other Expenses.1
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Other Expenses.2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Other Expenses.3
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0DANIEL KORB
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0President
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-10-22
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0THE KORB FAMILY FOUNDATION
ReturnHeader/Filer/BusinessNameControlTxt0KORB
ReturnHeader/Filer/EIN0852353221
ReturnHeader/Filer/PhoneNum03104034893
ReturnHeader/Filer/USAddress/AddressLine1Txt01008 W AVENUE M14 SUITE A - D180
ReturnHeader/Filer/USAddress/CityNm0PALMDALE
ReturnHeader/Filer/USAddress/StateAbbreviationCd0CA
ReturnHeader/Filer/USAddress/ZIPCd093551
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0true
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0133527776
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Kurcias Jaffe & Company LLP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0534 Broadhollow Road Suite 450
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Melville
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd011747
ReturnHeader/PreparerPersonGrp/PhoneNum05164827777
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0ERIC MENDELSOHN CPA
ReturnHeader/ReturnTs02025-10-22T13:40:02-07:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02024-01-01
ReturnHeader/TaxPeriodEndDt02024-12-31
ReturnHeader/TaxYr02024

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