SHONG FOUNDATION (EIN 814873335) - 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

2016

Legal Domicile

Principal Officer

Shong YANG

Phone

6512836099

Tax Period

2024-01-01 to 2024-12-31

SHONG FOUNDATION, founded in 2016, is a micro nonprofit in the Human Services sector that reported $90K in total revenue in fiscal year 2024. Revenue decreased 11% compared to the prior year. The organization ran a surplus of $27K, a strong 30% operating margin.

Mission

Our mission is to ensure everyone gain the same opportunity in education

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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 (2024)

Revenue Breakdown

Contributions & Grants $88,780

Program Service Revenue $0

Investment Income $948

Other Revenue $0

TOTAL REVENUE $89,728

Expense Breakdown

Grants Paid $43,487

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $19,500

Other Expenses $19,584

TOTAL EXPENSES $63,071

Year-over-Year Comparison

	2024	2023	Change
Revenue	$89,728	$100,548	-0.1%
Expenses	$63,071	$83,617	-0.2%
Net Income	$26,657	$16,931	+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

Governance

Voting Members

N/A

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Role	Reportable Comp	Other Comp	Total
YONG YANG	VICE PRESIDENT	Director	$0	$0	$0
ZOUA YANG	TREASURER	Director	$0	$0	$0
NENG YANG	SECRETARY	Director	$0	$0	$0
SHONG YANG	FOUNDER	Officer	$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	$89,728	$63,071	$129,831	$26,657
2022	$72,660	$85,323	$86,244	$-12,663
2021	$69,687	$91,401	$100,107	$-21,714
2020	$104,000	$90,594	No data	$13,406
2019	$74,208	$54,313	No data	$19,895
2018	$81,000	$39,573	No data	$41,427

SHONG FOUNDATION