UP FOUNDATION (EIN 383854185) - 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

2011

Legal Domicile

Phone

3107093051

Tax Period

2021-01-01 to 2021-12-31

UP FOUNDATION, founded in 2011, is a micro nonprofit in the Religion sector that reported $32K in total revenue in fiscal year 2021. Revenue fell 90% from the prior year — a significant decline worth monitoring. Expenses of $1.4M exceeded revenue, resulting in a 4231% operating deficit.

Mission

RELIGIOUS ORGANIZATION INTENDING TO SUPPORT CAMPUS MINISTRIES AROUND COLLEGES.

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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 $14,280

Program Service Revenue $0

Investment Income $17,948

Other Revenue $0

TOTAL REVENUE $32,228

Expense Breakdown

Grants Paid $1,376,500

Salaries & Benefits $0

Fundraising Expenses $1,239

Program Expenses $1,386,969

Other Expenses $19,140

TOTAL EXPENSES $1,395,640

Year-over-Year Comparison

	2021	2020	Change
Revenue	$32,228	$317,556	-0.9%
Expenses	$1,395,640	$144,600	+8.7%
Net Income	$-1,363,412	$172,956	-8.9%

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

N/A

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
SOON CHUNG	President	15.00	Officer Director	$0	$0	$0
MATTHEW S FASMAN	Director	0.00	Director	$0	$0	$0
STANLEY YUNG	Treasurer	0.00	Officer Director	$0	$0	$0
VICTOR LIN	Director	0.00	Director	$0	$0	$0
ESTHER CHUNG	Director	0.00	Director	$0	$0	$0
DAVID WONG	Director	0.00	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
2021	$32,228	$1,395,640	$36,356	$-1,363,412
2020	$317,556	$144,600	$1,399,768	$172,956
2019	$156,746	$115,671	$1,226,812	$41,075
2018	$146,314	$104,127	$1,185,737	$42,187

UP FOUNDATION