ASKSME INC (EIN 861355041) - 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

2020

Legal Domicile

Principal Officer

KWOK-CHEUNG ELLIS HUNG

Phone

4086019699

Tax Period

2023-01-01 to 2023-12-31

ASKSME INC, founded in 2020, is a micro nonprofit in the Education sector that reported $1K in total revenue in fiscal year 2023. Revenue surged 199% from the prior year, signaling strong growth momentum. The organization ran a surplus of $657, a strong 52% operating margin.

Mission

OUR FOUNDING MEMBERS ARE A GROUP OF FOLLOWERS OF JESUS CHRIST DEDICATED TO SERVE AND BLESS OUR NEIGHBORS WITH LOVE. ASKSME INC IS AIMING TO HELP DISADVANTAGED STUDENTS, THE SPECIFIC OBJECTIVES AND PURPOSE OF THIS ORGANIZATION SHALL BE:A. TO MAKE A LIFELONG IMPACT ON STUDENTS THROUGH LEARNING SUPPORT;B. TO PROVIDE RELATIONSHIP-CENTRIC & CAREER-RELATED TRAINING PROGRAM FOR YOUNG PEOPLE TO ENRICH THEIR VOLUNTEER AND CAREER-BUILDING EXPERIENCE.

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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 (2023)

Revenue Breakdown

Contributions & Grants $1,255

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $1,255

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $568

Other Expenses $598

TOTAL EXPENSES $598

Year-over-Year Comparison

	2023	2022	Change
Revenue	$1,255	$420	+2.0%
Expenses	$598	$1,344	-0.6%
Net Income	$657	$-924	-1.7%

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

Independent Members

N/A

Employees

N/A

Volunteers

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	Hours/Week	Role	Reportable Comp	Other Comp	Total
KWOK-CHEUNG ELLIS HUNG	President & CEO	10.00	Director	$0	$0	$0
QUEENIE YUNG	Treasurer	5.00	Director	$0	$0	$0
JOSEPHINE LEE	Secretary	2.00	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
2025	No data	No data	No data	No data
2024	No data	No data	No data	No data
2023	$1,255	$598	$3,092	$657
2022	$420	$1,344	$2,435	$-924
2021	$11,467	$8,108	$3,359	$3,359

ASKSME INC