HAP PLATO HOLDING CO

EIN: 850829308 501(c)(3) Community Improvement

SAINT PAUL, MN

Total Revenue
$-101,460
Total Expenses
N/A
Total Assets
$4,507,280
Net Assets
$702,166
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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
2020
Legal Domicile
MN
Principal Officer
REONA VANG
Phone
6514951557
Tax Period
2023-01-01 to 2023-12-31

HAP PLATO HOLDING CO, founded in 2020, is a micro nonprofit in the Community Improvement sector that reported $101K in total revenue in fiscal year 2023.

Mission

ORGANIZED EXCLUSIVELY FOR THE BENEFIT OF THE HMONG AMERICAN PARTNERSHIP, TO SUPPORT THE FUNCTIONS OF THE HMONG AMERICAN PARTNERSHIP, AND TO ASSIST IN CARRYING OUT THE PURPOSES OF THE HMONG AMERICAN PARTNERSHIP.

Program Service Accomplishments

Program 1
Expenses: $158,460 Revenue: $57,000

WORKFORCE DEVELOPMENT - DURING 2021, A WORKFORCE TRAINING CENTER WAS PURCHASED TO HELP PARTICIPANTS NAVIGATE AND ADAPT TO THE AMERICAN JOB MARKET. THE CENTER ALSO SERVES AS A BRIDGE BETWEEN...

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WORKFORCE DEVELOPMENT - DURING 2021, A WORKFORCE TRAINING CENTER WAS PURCHASED TO HELP PARTICIPANTS NAVIGATE AND ADAPT TO THE AMERICAN JOB MARKET. THE CENTER ALSO SERVES AS A BRIDGE BETWEEN PROSPECTIVE EMPLOYERS AND THE REFUGEE AND IMMIGRANT COMMUNITY.

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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 (2023)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $0
Investment Income $0
Other Revenue $-101,460
TOTAL REVENUE $-101,460

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $158,460
Other Expenses $0
TOTAL EXPENSES $0

Year-over-Year Comparison

2023 2022 Change
Revenue $-101,460 $-101,385 +0.0%
Expenses N/A N/A N/A
Net Income N/A $-101,385 N/A
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
1
$209,214
Total Directors
3
$209,214
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
REONA VANG PRESIDENT 1.00
Officer Director
$0 $14,002 $209,214
JODIE TANAKA BOARD MEMBER 1.00
Director
$0 $0 $0
PHENG VANG BOARD MEMBER 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
2024 No data No data No data No data
2023 $-101,460 No data $4,507,280 No data
2022 $-101,385 No data $4,598,906 No data
2021 $-96,891 No data $4,865,011 No data
2020 No data $86,136 $4,777,514 No data
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