JEFF C KWOK AND GLADYS W KWOK FAMILY FOUNDATION (EIN 300097982) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

2002

Legal Domicile

Principal Officer

JEFF C KWOK

Phone

6508683893

Tax Period

2024-01-01 to 2024-12-31

JEFF C KWOK AND GLADYS W KWOK FAMILY FOUNDATION, founded in 2002, is a small nonprofit in the Philanthropy & Grantmaking sector that reported $751K in total revenue in fiscal year 2024. Revenue surged 89% from the prior year, signaling strong growth momentum. The organization ran a surplus of $458K, a strong 61% operating margin.

Mission

TO ACT AS A SUPPORTING ORGANIZATION UNDER IRS SEC. 509(a)(3) AND REGULATIONS THEREUNDER.

🔒

Trantor Score

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

Sign in to view Trantor Score and financial metrics

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

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $550,000

Program Service Revenue $0

Investment Income $200,958

Other Revenue $0

TOTAL REVENUE $750,958

Expense Breakdown

Grants Paid $291,500

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $292,527

Other Expenses $1,027

TOTAL EXPENSES $292,527

Year-over-Year Comparison

	2024	2023	Change
Revenue	$750,958	$397,008	+0.9%
Expenses	$292,527	$454,591	-0.4%
Net Income	$458,431	$-57,583	-9.0%

Key Indicators

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

🔒

Financial Health Indicators

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

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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

Governance

Voting Members

Independent Members

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JEFF C KWOK	President & CEO	5.00	Officer Director	$0	$0	$0
GLADYS W KWOK	Secretary	1.00	Officer Director	$0	$0	$0
WILSON T WONG	Director	1.00	Director	$0	$0	$0
REV JAMES LAI	Director	1.00	Director	$0	$0	$0
JACK YUAN	Director	1.00	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
2024	$750,958	$292,527	$4,494,966	$458,431
2023	$397,008	$454,591	$4,036,535	$-57,583
2022	$476,300	$363,260	$4,094,118	$113,040
2021	$511,300	$500,965	$3,981,078	$10,335
2020	$1,925,386	$663,610	$3,970,743	$1,261,776
2019	$501,771	$330,185	$2,708,967	$171,586
2018	$459,473	$298,935	$2,537,381	$160,538

JEFF C KWOK AND GLADYS W KWOK FAMILY FOUNDATION