HONG BANG INC (EIN 161425053) - Form 990 Financial Analysis & Trantor Score

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

1992

Legal Domicile

Principal Officer

HB President

Phone

6267123295

Tax Period

2021-01-01 to 2021-12-31

HONG BANG INC, founded in 1992, is a small nonprofit in the International Affairs sector that reported $100K in total revenue in fiscal year 2021. Revenue surged 22% from the prior year, signaling strong growth momentum. Expenses of $127K exceeded revenue, resulting in a 27% operating deficit.

Mission

Provide support to rural Vietnamese communities in the areas of health education and social welfare. Specifically provide for an overseas volunteer program to work with those served; educational scholarships from K-12; vocational training to young women; and capital projects in support of vision goals.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2021)

Revenue Breakdown

Contributions & Grants $100,339

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $100,339

Expense Breakdown

Grants Paid $125,200

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $125,200

Other Expenses $1,888

TOTAL EXPENSES $127,088

Year-over-Year Comparison

	2021	2020	Change
Revenue	$100,339	$82,489	+0.2%
Expenses	$127,088	$28,536	+3.5%
Net Income	$-26,749	$53,953	-1.5%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✓ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

N/A

Volunteers

Governance Policies

✗ Conflict of Interest Policy

✗ Whistleblower Policy

✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

✗ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Huyen Pham	President	5.00	Officer Director	$0	$0	$0
Lan Nguyen	Treasurer	5.00	Officer Director	$0	$0	$0
Trinh Nguyen	Vice President	1.00	Officer Director	$0	$0	$0
Rev Vien Nguyen	Director	1.00	Director	$0	$0	$0
Sr Pascale Le Thi Triu	Director	10.00	Director	$0	$0	$0
Dawn Dung Tran Galazyn	Secretary	1.00	Officer Director	$0	$0	$0
Tram Anh Tran	Volunteer Coordinator	1.00	Officer Director	$0	$0	$0

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2021	$100,339	$127,088	$51,971	$-26,749
2020	$82,489	$28,536	$78,719	$53,953

HONG BANG INC