HOPE FOR GENERATIONS

EIN: 271538685 501(c)(3) Religion

SHORELINE, WA

Total Revenue
$155,892
Total Expenses
$150,022
Total Assets
$27,019
Net Assets
$27,019
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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
2010
Legal Domicile
WA
Principal Officer
YANG NAM S
Phone
2063612676
Tax Period
2025-01-01 to 2025-12-31

HOPE FOR GENERATIONS, founded in 2010, is a small nonprofit in the Religion sector that reported $156K in total revenue in fiscal year 2025. Revenue decreased 15% compared to the prior year. Expenses of $150K left a modest 4% surplus.

Mission

GOSPEL MISSION WITH CHRISTIAN EDUCATION, WORSHIP, AND OTHER ACTIVITIES

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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%)

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Financial Overview (2025)

Revenue Breakdown

Contributions & Grants $155,892
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $155,892

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $150,022
Other Expenses $150,022
TOTAL EXPENSES $150,022

Year-over-Year Comparison

2025 2024 Change
Revenue $155,892 $183,549 -0.2%
Expenses $150,022 $166,901 -0.1%
Net Income $5,870 $16,648 -0.6%
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

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Governance

Voting Members
3
Independent Members
N/A
Employees
N/A
Volunteers
N/A

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
1
$0
Total Directors
3
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
KIM KRISTY DIRECTOR 2 N/A
Director
$0 $0 $0
YANG NAM S CHIEF DIRECT N/A
Officer Director
$0 $0 $0
KIM PAUL Y DIRECTOR 1 N/A
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
2025 $155,892 $150,022 $27,019 $5,870
2024 $183,549 $166,901 $30,700 $16,648
2023 $42,700 $47,249 $14,052 $-4,549
2022 $22,010 $15,440 $18,601 $6,570
2021 $30,500 $43,690 $12,031 $-13,190
2020 $36,000 $15,300 $24,002 $20,700
2019 $24,232 $20,331 $4,211 $3,901
2018 $35,910 $34,120 $7,132 $1,790
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