BRIGHT HOPE COMMUNITY SERVICE CENTER (EIN 954734166) - 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

1998

Legal Domicile

Principal Officer

KENNETH KWAN

Phone

9095949010

Tax Period

2024-01-01 to 2024-12-31

BRIGHT HOPE COMMUNITY SERVICE CENTER, founded in 1998, is a small nonprofit in the Human Services sector that reported $679K in total revenue in fiscal year 2024.

Mission

BRIGHT HOPE COMMUNITY SERVICE CENTER IS ORGANIZED TO PROMULGATE THE LOVE OF JESUS BY PROVIDING CHARITABLE PROGRAMS AND EDUCATIONAL PROGRAMS TO THE GENERAL PUBLIC SO THAT THEY MAY EFFECTIVELY BECOME PRODUCTIVE MEMBERS OF THE 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%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $678,761

Investment Income $0

Other Revenue $0

TOTAL REVENUE $678,761

Expense Breakdown

Grants Paid $16,040

Salaries & Benefits $440,465

Fundraising Expenses $0

Program Expenses $467,299

Other Expenses $235,081

TOTAL EXPENSES $691,586

Year-over-Year Comparison

	2024	2023	Change
Revenue	$678,761	$666,772	+0.0%
Expenses	$691,586	$667,052	+0.0%
Net Income	$-12,825	$-280	+44.8%

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

Employees

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
KENNETH KWAN	CEO DIRECTOR	008.00	Officer Director	$0	$0	$0
JENNIE LIN	CFO DIRECTOR	008.00	Officer Director	$0	$0	$0
SALLY CHEN	SECRETARY DIRECTOR	008.00	Officer Director	$0	$0	$0
GARY C TAM	DIRECTOR	007.00	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	$678,761	$691,586	$337,685	$-12,825
2023	$666,772	$667,052	$331,871	$-280
2022	$721,811	$603,891	$317,975	$117,920
2021	$507,405	$493,399	$232,777	$14,006
2020	$352,430	$540,881	$240,189	$-188,451
2019	$769,051	$778,812	$74,561	$-9,761
2018	$724,419	$809,325	$81,722	$-84,906

BRIGHT HOPE COMMUNITY SERVICE CENTER