HONG'S CULTURAL & EDUCATION FOUNDATION

EIN: 271571672 501(c)(3)

CUPERTINO, CA

Total Revenue
N/A
Total Expenses
N/A
Total Assets
$1,925,603
Net Assets
$1,925,603
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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
CA
Principal Officer
FRANK HONG
Phone
8778295500
Tax Period
2018-01-01 to 2018-12-31

Mission

THE PRIMARY OBJECTIVES AND PURPOSES OF THIS CORPORATION SHALL BE THE EDUCATION OF CHILDREN AND ADULTS WHO WISH TO KNOW AND FURTHER PROMOTE THE NATIVE TAIWANESE CULTURE. THE ORGANIZATION WILL STRIVE TO OPEN MINDS AND ENCOURAGE DIALOGUES REGARDING THE PAST, PRESENT AND FUTURE OF TAIWAN.

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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 (2018)

Revenue Breakdown

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

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Other Expenses $0
TOTAL EXPENSES $0

Year-over-Year Comparison

2018 2017 Change
Revenue N/A $18,056 -1.0%
Expenses N/A $91,746 -1.0%
Net Income N/A $-73,690 N/A
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
4
Independent Members
4
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
2
$0
Total Directors
4
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ALBERT HONG DIRECTOR 1.00
Director
$0 $0 $0
GRACE KUAMME DIRECTOR 1.00
Director
$0 $0 $0
FRANK HONG CEO & PRESIDENT 10.00
Officer Director
$0 $0 $0
ANITA HONG CFO & SECRETARY 5.00
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
2018 No data No data $1,925,603 No data
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