Soaring Hope Inc

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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

2002

Legal Domicile

Phone

9703103636

Tax Period

2018-01-01 to 2018-12-31

Soaring Hope Inc, founded in 2002, is a micro nonprofit that reported $14K in total revenue in fiscal year 2018. Revenue fell 81% from the prior year — a significant decline worth monitoring. Expenses of $94K exceeded revenue, resulting in a 593% operating deficit.

Mission

To express Christ's love to the people of China and Chinese residents in the US through:1. Good news sharing.2. Coordinating medical, educational and scholarship service efforts.3. Implementing discipleship training programs, premarital counseling, family relationship workshops, and other types of training.4. English and Chinese tutoring.5. Organizing cultural exchange opportunites and fostering mutual understanding and friendship between Chinese and Americans.6. Supporting other charitable activities.

Program Service Accomplishments

Program 1

Expenses: $75,529

1. June 2018 - Soaring Hope team of 10 members served about 150 orphans and staff at the Shenyang Orphanage. Activities included sharing American cultural slide show presentations, celebrating...

1. June 2018 - Soaring Hope team of 10 members served about 150 orphans and staff at the Shenyang Orphanage. Activities included sharing American cultural slide show presentations, celebrating birthdays, leading games and songs, providing conversation and care, etc.2. October 2018 - Soaring Hope team of 11 members presented 50 Soaring Hope scholarships to students at Dalian Polytech Vocational School and HighSchool in China. Also visited various classes and spent time interacting with over 1,000 students and teachers.3. Soaring Hope continued to support numerous non-profits and ministries in 2018, including the Fort Collins Rotary Club, Colorado Women of Influence, CordMinistries International, Fingerprints Across Africa, CRU, Face the Challenge, Navigators, pastors, missionaries, students and more.

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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 (2018)

Revenue Breakdown

Contributions & Grants $6,920

Program Service Revenue $0

Investment Income $-450

Other Revenue $7,160

TOTAL REVENUE $13,630

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $4,718

Program Expenses $75,529

Other Expenses $94,411

TOTAL EXPENSES $94,411

Year-over-Year Comparison

	2018	2017	Change
Revenue	$13,630	$73,428	-0.8%
Expenses	$94,411	$68,743	+0.4%
Net Income	$-80,781	$4,685	-18.2%

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
Ada Chen	President	20.00	Officer Director	$0	$0	$0
Victoria Chen	Secr/treasurer	1.00	Officer Director	$0	$0	$0
Sam Dai	Director	1.00	Director	$0	$0	$0
Steven Tippen	Director	1.00	Director	$0	$0	$0
James Guo	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
2018	$13,630	$94,411	$294,124	$-80,781