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XEALOT INC

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Public IRS 990 nonprofit record

XEALOT INC

EIN 20-3005483

What they do

to IDENTIFY, DEVELOP, RESOURCE, and DEPLOY STRATEGIC EMERGING ETHNIC LEADERS IN MARGINALIZED COMMUNITIES SO THAT THEY WILL BE AGENTS of HOLISTIC and SUSTAINABLE TRANSFORMATION. FURTHERMORE, THE ORGANIZATION WILL HELP CATALYZE SPECIAL PROJECTS THAT WILL HELP THESE STRATEGIC LEADERS to BRING TRANSFORMATION INTO THEIR COMMUNITIES.

Before you give

Should I give to this charity?

Easy charity check
Look at where the money went

Of every $100 spent, about $0.00 was reported for mission work. Use the spending picture below and ask what results that work produced.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2019The report may be old. Ask for a newer one.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders6 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

$421,184.62spent for every $100 of revenueSpending was higher than revenue this year.
421,184.62%of revenue went to management and office costs100.0% of expenses

Ask these three easy questions

  1. Who did you help? Ask for a recent story or report that shows real results.
  2. What will my money do? Ask exactly what your gift will pay for.
  3. Is this really the charity? Give only through its official website or confirmed phone number.

Worth asking: Expenses exceeded revenue by $54,741 this year. Ask whether that was planned or caused by a one-time event.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2019

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

How each $100 of revenue was used

The large number compares each expense with revenue. The smaller number shows its share of total expenses.

Total reported revenue$13
Mission workProgram services0.00% of revenue0.0% of expenses
ManagementOffice and general costs$54,754421,184.62% of revenue100.0% of expenses
FundraisingAsking for donations0.00% of revenue0.0% of expenses
Total expenses$54,754421,184.62% of revenue

Expenses were greater than revenue, so the colored ring fills the available $100 and the total above 100% is shown below.

Has the pattern changed?

Each bar shows the share of annual spending reported for mission work, management, and fundraising.

20190.0% mission
201821.4% mission
201765.0% mission
201632.0% mission

Money in and money out

Revenue$13
Expenses$54,754
Annual shortfall $54,741 Expenses were higher than revenue for this filing year.

Reported spending amounts

Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.

Management and office costs$54,754 · 100.0% of expenses
See all reported dollar amounts
Revenue$13
Expenses$54,754
Management and general$54,754
Accounting fees$4,120
People

Leadership and board

Tax year 2019

Names, titles, time, and compensation below are reported by the organization on its Form 990.

See everyone listed on the board or leadership roster (6)

DAVID GIBBONSFOUNDER

LARRY KWAKBOARD MEMBER

LINDA KANGCHAIRMAN / C

MARIBEL TOANBOARD MEMBER

RICHARD KIMBOARD MEMBER

RUTH KWAKFINANCE / SE

About this charity

Location
1535 DOVE CT, PASADENA, CA 91107
County
Los Angeles
In care of
RUTH KWAK
Primary officer
RUTH KWAK, FINANCE / SECRETARY

How to reach them

Filing and classification

Latest tax year
2019
Tax period began
January 1, 2019
Return type
990
Tax preparer
BENJAMIN KOO & CO CPAS

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About this report: Information comes from public nonprofit records and may show the latest filing available.

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