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Kore Venture Inc

EIN 85-0728308 · Salem, NH

Public records show a registered, tax-exempt organization in good standing.

LegitimacyPassesRegistration and standingFinancial healthWeak45 out of 100GovernanceStrong90 out of 100Impact evidenceDescribes programsHow well its results are evidenced

What it says it does

TABITHA QUEST'S MISSION IS TO MAKE LIFE-SAVING BIOLOGIC MEDICINES FOR RARE AND CHRONIC DISEASES AFFORDABLE AND ACCESSIBLE, AND TO ENSURE THEY CAN BE PRODUCED IN AMERICA. (CONTINUED ON SCHEDULE O)IT PARTNERS WITH PUBLIC AND PRIVATE SECTOR ENTITIES TO REMOVE BARRIERS AND MAKE MORE EFFECTIVE THERAPIES AVAILABLE TO PATIENTS.

Income
$300,300
Spending
$279,369
Spent on programs
82%
Reserves
1.3 months of spending
Largest source of income
donations and private grants, 96%
Employees
1
Volunteers
13
Highest pay
$180,000, ceo/treasurer

Source: Form 990 for the year ending December 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Financial health

Weak: 45 out of 100. Higher than 14% of charities in its peer group (community improvement, $250k to $1m).

  • Reserves

    10 of 35

    Spendable reserves would cover 1.3 months of spending.

  • Debt

    5 of 20

    It owes 71% of what it owns.

  • Living within its means

    15 of 15

    Income exceeded spending by 7% of income.

  • Income trend

    0 of 15

    Income fell 50% on the year before.

  • Spending floor

    15 of 15

    82% of spending went to programs and raising each dollar of donations cost 0 cents.

Source: Form 990 for the year ending December 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Governance

Strong: 90 out of 100. Higher than 74% of charities in its peer group (community improvement, $250k to $1m).

  • Independent board

    18 of 25

    2 of 3 voting board members are independent.

  • Conflict of interest policy

    15 of 15

    Has a written conflict of interest policy.

  • Whistleblower policy

    8 of 8

    Has a written whistleblower policy.

  • Record keeping policy

    7 of 7

    Has a written policy on keeping and destroying records.

  • Board minutes

    5 of 5

    Keeps minutes of board meetings.

  • Board sees the tax return

    10 of 10

    Gave the board a copy of this return before filing it.

  • Pay set independently

    5 of 5

    Sets its chief executive's pay through independent review and comparison.

  • Independent check of accounts

    12 of 15

    Its accounts were reviewed or compiled by an independent accountant, but not audited.

  • No reported misuse

    10 of 10

    Reports no diversion of assets, excess benefits or loans to insiders.

Source: Form 990 for the year ending December 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Impact evidence

Describes programs. Its tax return describes what it does but we have found no measurable results in it.

Programs described in its return (2)
  1. $220,205 spent. KORE VENTURE PATHWAY (2023-CURRENT):THE KORE VENTURE PATHWAY IS A 4-MODULE, 4 MONTH LEADERSHIP DEVELOPMENT AND PERSONAL TRANSFORMATIONAL EXPERIENCE FOR NEXT GENS THAT TAKES PARTICIPANTS ON A PEER LEARNING JOURNEY OF SELF-DISCOVERY AND DESIGNED PERSONAL GROWTH PLAN.IT IS A PEER-BASED LEARNING JOURNEY THROUGH WHICH YOUNG INHERITORS DISCOVER THEIR IDENTITY, CHARACTER, PURPOSE, MEANING, AND JOY AS THEY NAVIGATE THE COMPLEXITIES AND OPPORTUNITIES OF WEALTH. THE PATHWAY MODEL IS BASED ON A 50+ LIST OF OUTCOME-BASED INDICATORS AND COMBINES EITHER A VIRTUAL OR DESTINATION-BASED DELIVERY OFFERING THAT IS FACILITATED IN A GROUP FORUM AND ENHANCED BY A ONE-TO-ONE COACHING RELATIONSHIP.(CONTINUED ON SCHEDULE O)IN LATE 2023, KORE PROVIDED COACHING SERVICE TO INDIVIDUALS WHO NEEDED GUIDANCE AND STRATEGIES TAILORED TO THEIR NEEDS. KORE CONTINUED THIS SERVICE IN 2024 AND 2025.FISCAL YEAR 2025 IS THE FINAL YEAR IN WHICH THE CORPORATION PROVIDED ITS KORE VENTURE EDUCATIONAL PROGRAMS FOR RISING GEN LEADERS OF WEALTHY FAMILIES. THESE SERVICES ARE BEING RECONSIDERED IN 2026 AS THE CORPORATION LAUNCHES A NEW INITIATIVE FOCUSED ON ADDRESSING ONE OF THE MOST SIGNIFICANT PUBLIC HEALTH CHALLENGES IN THE UNITED STATES: EXPANDING PATIENT ACCESS TO LIFE-SAVING BIOLOGIC MEDICINES FOR RARE AND CHRONIC DISEASES. THE CORPORATION WILL COLLABORATE WITH PUBLIC- AND PRIVATE-SECTOR ENTITIES TO REMOVE BARRIERS TO THE DEVELOPMENT, DOMESTIC PRODUCTION, AND AVAILABILITY OF EFFECTIVE THERAPIES AND MEDICINES.
  2. $9,243 spent. REENVISIONING AND REIMAGINING INTENSIVE FOR RISING GENS:THIS EVENT WAS HELD FOR THE FIRST TIME IN 2025. THE GOAL OF THE EVENT WAS TO FOSTER THE FLOURISHING OF RISING GENS AROUND CLARITY AND IDENTITY AND PURPOSE WITH RESILIENCE. THIS WAS FACILITATED WITH COHORT BASED MEETING, COACHING, AND REFLECTION.

Source: Form 990 for the year ending December 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Legitimacy checks

  1. Is it registered with the IRS? Passed.

    Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

  2. Has the IRS revoked its tax-exempt status? Passed.

    Not on the IRS automatic revocation list.

    Source: Automatic revocation of exemption list, Internal Revenue Service, file dated November 6, 2026.

  3. Are donations tax-deductible? Passed.

    On the IRS list of organizations eligible to receive tax-deductible contributions.

    Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated October 13, 2026.

  4. Is it keeping up with its IRS filings? Passed.

    Most recent return on file covers the year ending December 2024.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

  5. How long has it been tax-exempt? Passed.

    Recognized by the IRS since September 2020.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

  6. Is it in good standing with state regulators? Passed.

    Not on California's list of charities barred from soliciting. Other states are not yet checked.

    Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated November 4, 2026.

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