HOP4KIDS

EIN: 831563216 501(c)(3) International Affairs

CASTRO VALLEY, CA

Total Revenue
$100,975
Total Expenses
$68,111
Total Assets
$48,980
Net Assets
$48,980
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2018
Legal Domicile
CA
Principal Officer
SAM KUANG
Tax Period
2022-01-01 to 2022-12-31

HOP4KIDS, founded in 2018, is a small nonprofit in the International Affairs sector that reported $101K in total revenue in fiscal year 2022. Revenue fell 33% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $33K, a strong 33% operating margin.

Mission

THE PURPOSE OF THIS ORGANIZATION SHALL BE CALLING ON NATIONAL, STATE AND LOCAL ENTITIES TO ADOPT THE OVERARCHING GOAL OF CUTTING CHILD POVERTY BY HALF AND DEVELOPING STRATEGIES AND POLICIES TO ACHIEVE THAT GOAL.

Program Service Accomplishments

Program 1
Expenses: $60,000

IN 2018, THE ORGANIZATION ENTERED INTO A SPONSORSHIP AGREEMENT WITH D.STYLE AUTO BODY, LLC TO OPERATE A LOCAL PROGRAM DRIVE FORWARD, IN SOUTH SAN FRANCISCO. THE PROGRAM PROVIDES TRANSPORTATION...

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IN 2018, THE ORGANIZATION ENTERED INTO A SPONSORSHIP AGREEMENT WITH D.STYLE AUTO BODY, LLC TO OPERATE A LOCAL PROGRAM DRIVE FORWARD, IN SOUTH SAN FRANCISCO. THE PROGRAM PROVIDES TRANSPORTATION ASSISTANCE TO LOW-INCOME FAMILIES BY OFFERING BELOW-MARKET-RATE USED-CARS OR AUTOMOBILE REPAIR. THE PROGRAM EXPENSE FOR DRIVE FORWARD IS $60,000 AND$125,111 RESPECTIVELY, IN 2022 AND 2021.

Program 2
Expenses: $408

IN 2018, THE ORGANIZATION CREATED AN EDUCATION PROGRAM THAT PROVIDE SCHOOL SUPPLIES AND COMPUTER EQUIPMENT TO UNDER-RESOURCED SCHOOLS TO PROVIDE BETTER EDUCATION OPPORTUNITIES AND ENVIRONMENT FOR THE...

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IN 2018, THE ORGANIZATION CREATED AN EDUCATION PROGRAM THAT PROVIDE SCHOOL SUPPLIES AND COMPUTER EQUIPMENT TO UNDER-RESOURCED SCHOOLS TO PROVIDE BETTER EDUCATION OPPORTUNITIES AND ENVIRONMENT FOR THE STUDENTS IN THE UNITED STATES OF AMERICA. THE ORGANIZATION IS COMMITTED TOPROVIDING ACCESS TO STRONG TEACHERS SUPPORT AND USING COLLEGE- AND CAREER-READY ASSESSMENTS POLICY AND LEGISLATION THAT SUPPORT ALL STUDENTS. THE PROGRAM EXPENSE FOR THE EDUCATION FUND IS $408 AND $1,352 RESPECTIVELY, IN 2022 AND 2021. IN 2020, THE ORGANIZATION ENTERED INTO AGREEMENTS WITH BERKELEY CHINESE STUDENTS AND SCHOLARS ASSOCIATION (BCSSA), ASPINE HEALTH GROUP AND OTHER ASSOCIATIONS TO RAISE FUND TO PURCHASE PERSONAL PROTECTIVE EQUIPMENT (PPE) AND RESPIRATORY PROTECTIVE EQUIPMENT (RPE) FOR THE LOCAL HOSPITALS AND FIRST RESPONDERS IN THE UNITED STATES. FACED WITH THE GREATEST GLOBAL PANDEMIC IN LIVING MEMORY, THE ORGANIZATION CAME TOGETHER WITH OTHER ASSOCIATIONS IN 2022 AND 2021 AND DONATED A TOTAL OF $0 AND $0, RESPECTIVELY, AS WELL AS THEIR TIME TO HELP THOSE IN NEED. THE DONATIONS WERE USED TO HELP COMMUNITIES IN VARIOUS CRITICAL AREAS, INCLUDING FOODBANKS, SUPPORT FOR PPE, SUPPLIES FOR HOSPITALS AND HOSPICES. DONATIONS FROM MULTIPLE SAMLL EVENTS

Program 3

COCOA FOR SCHOOLS COMMITTED TO IMPROVING THE LIVES OF COCOA FARMERS AND THEIR FAMILIES IN TANZANIA. KIMS CHOCOLATES WORKS TIRELESSLY TO IMPROVE THE SUBSTRUCTURE FOR EDUCATION IN THE LOCAL...

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COCOA FOR SCHOOLS COMMITTED TO IMPROVING THE LIVES OF COCOA FARMERS AND THEIR FAMILIES IN TANZANIA. KIMS CHOCOLATES WORKS TIRELESSLY TO IMPROVE THE SUBSTRUCTURE FOR EDUCATION IN THE LOCAL COMMUNITIES. OUR TARGET IS TO BUILD, COMPLETE OR RENOVATE 2100 CLASSROOMS IN THE NEXT 10-12 YEARS. IN ADDITION, WE WANT TO DISTRIBUTE 430,000 BOOKS TO THE KIDS. MOREOVER, THE PROJECT ASSISTS FARMERS, INCLUDING TEACHING AGRICULTURAL SKILLS, DISTRIBUTING NEW COCOA SEEDLINGS AND PROVIDING SOLAR ELECTRICITY-GENERATING DEVICES. THEREFORE, WE NEED YOUR DONATION TO COMPLETE OUR COCOA FOR SCHOOLS PROJECT. IN 2018, THE ORGANIZATION CREATED THE FAMILY EMERGENCY FUND FOR FAMILIES FACING FINANCIAL STRUGGLES TO MEET THEIR BASIC NEEDS. THE FUNDING IS AVAILABLE TO LOW-INCOME FAMILIES IN THE UNITED STATES OF AMERICA. THE PROGRAM EXPENSE FOR FAMILY EMERGENCY FUND IS $0 AND $0 RESPECTIVELY, IN 2022 AND 2021.

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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 (2022)

Revenue Breakdown

Contributions & Grants $100,975
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $100,975

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $4,466
Program Expenses $60,408
Other Expenses $68,111
TOTAL EXPENSES $68,111

Year-over-Year Comparison

2022 2021 Change
Revenue $100,975 $150,360 -0.3%
Expenses $68,111 $162,131 -0.6%
Net Income $32,864 $-11,771 -3.8%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
3
Independent Members
N/A
Employees
N/A
Volunteers
10

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
3
$0
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
SIU KEI KWAN CHIEF EXECUTIVE OFFICER 0.00
Officer
$0 $0 $0
NICOLE WU SECRETARY 0.00
Officer
$0 $0 $0
SAM KUANG CHIEF FINANCIAL OFFICER 0.00
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
2022 $100,975 $68,111 $48,980 $32,864
2021 $150,360 $162,131 $16,116 $-11,771
2020 $526,420 $552,474 $117,864 $-26,054
2019 $221,187 $179,797 $50,809 $41,390
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