TI-HWA Foundation

EIN: 821197136 501(c)(3) Housing & Shelter

Washington, DC

Total Revenue
$307,643
Total Expenses
$396,117
Total Assets
$1,772,729
Net Assets
$780,414
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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
2017
Legal Domicile
DC
Phone
2024384772
Tax Period
2024-01-01 to 2024-12-31

TI-HWA Foundation, founded in 2017, is a small nonprofit in the Housing & Shelter sector that reported $308K in total revenue in fiscal year 2024. Expenses of $396K exceeded revenue, resulting in a 29% operating deficit.

Mission

TI-HWA FOUNDATION IS A NOT-FOR-PROFIT CORPORATION FORMED TO PROVIDE AFFORDABLE HOUSING TO THOSE THAT NEED IT MOST. THE CORPORATION RECEIVES HOUSING ASSISTANCE PAYMENTS FROM THE U.S. DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT (HUD) PURSUANT TO SECTION 8 OF THE NATIONAL HOUSING ACT, AS AMENDED.

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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 (2024)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $306,005
Investment Income $1,638
Other Revenue $0
TOTAL REVENUE $307,643

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $320,607
Other Expenses $396,117
TOTAL EXPENSES $396,117

Year-over-Year Comparison

2024 2023 Change
Revenue $307,643 $308,770 0.0%
Expenses $396,117 $439,613 -0.1%
Net Income $-88,474 $-130,843 -0.3%
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
3
Independent Members
3
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
3
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
YENI WONG President 5.00
Officer Director
$0 $0 $0
JEANNY HO Board Member 1.00
Director
$0 $0 $0
CURT HANSEN Secretary 2.00
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
2024 $307,643 $396,117 $1,772,729 $-88,474
2023 $308,771 $439,612 $1,816,082 $-130,841
2023 $308,770 $439,613 $1,816,082 $-130,843
2022 $281,653 $349,670 $1,895,428 $-68,017
2021 $286,407 $313,544 $2,008,024 $-27,137
2020 $288,508 $326,482 $2,001,921 $-37,974
2019 $211,854 $237,579 $2,050,305 $-25,725
2018 $104,112 $93,822 $958,164 $10,290
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