21 HOPE FOUNDATION INC

EIN: 843277905 501(c)(3) Education

FLUSHING, NY

Total Revenue
$204,551
Total Expenses
$243,559
Total Assets
$2,094,549
Net Assets
$2,094,549
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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
2019
Legal Domicile
NY
Principal Officer
CHONG DUCK BYUN
Phone
3477320503
Tax Period
2025-01-01 to 2025-12-31

21 HOPE FOUNDATION INC, founded in 2019, is a small nonprofit in the Education sector that reported $205K in total revenue in fiscal year 2025. Revenue grew 17% year-over-year, indicating healthy expansion. Expenses of $244K exceeded revenue, resulting in a 19% operating deficit.

Mission

TO SUPPORT YOUTH & COLLEGE STUDENTS, CHARITABLE ORGANIZATIONS AND POOR NEIGHBORS.

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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 (2025)

Revenue Breakdown

Contributions & Grants $25,080
Program Service Revenue $0
Investment Income $179,471
Other Revenue $0
TOTAL REVENUE $204,551

Expense Breakdown

Grants Paid $0
Salaries & Benefits $20,759
Fundraising Expenses $0
Program Expenses $234,043
Other Expenses $222,800
TOTAL EXPENSES $243,559

Year-over-Year Comparison

2025 2024 Change
Revenue $204,551 $175,375 +0.2%
Expenses $243,559 $248,442 0.0%
Net Income $-39,008 $-73,067 -0.5%
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
1
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
1
$0
Total Directors
1
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
CHONG DUCK BYUN CHAIRPERSON N/A
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
2025 $204,551 $243,559 $2,094,549 $-39,008
2024 $175,375 $248,442 $2,133,557 $-73,067
2023 $142,633 $237,803 $2,206,624 $-95,170
2022 $-147,085 $194,352 $2,301,794 $-341,437
2021 $560,486 $298,952 $2,643,231 $261,534
2020 $569,473 $375,776 $2,443,732 $193,697
2019 $2,201,000 $13,000 $2,188,000 $2,188,000
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