HOPE SIGHT MISSION ASSOCIATION (EIN 954789293) - 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

2000

Legal Domicile

Principal Officer

YOUNG SOO CHOO

Phone

2134808560

Tax Period

2023-01-01 to 2023-12-31

HOPE SIGHT MISSION ASSOCIATION, founded in 2000, is a small nonprofit in the Human Services sector that reported $148K in total revenue in fiscal year 2023. Revenue grew 19% year-over-year, indicating healthy expansion. Net assets of $727K represent 59 months of operating reserves.

Mission

TO PROVIDE ASSISTANCE AND EDUCATIONAL EVENTS FOR THE VISUALLY HANDICAPPED AND TO INFORM THE PUBLIC ACCURATELY.

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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 $148,077

Program Service Revenue $0

Investment Income $99

Other Revenue $0

TOTAL REVENUE $148,176

Expense Breakdown

Grants Paid $0

Salaries & Benefits $41,983

Fundraising Expenses $8,747

Program Expenses $48,659

Other Expenses $108,267

TOTAL EXPENSES $150,250

Year-over-Year Comparison

	2023	2022	Change
Revenue	$148,176	$124,386	+0.2%
Expenses	$150,250	$124,742	+0.2%
Net Income	$-2,074	$-356	+4.8%

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

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

$36,000

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
YOUNG SOO CHOO	CEO	40.00	Officer	$36,000	$0	$36,000
KENNETH K LEE	SECRETARY	8.00	Officer	$0	$0	$0
KWANG SOO SUNG	CFO	3.00	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
2025	No data	No data	No data	No data
2024	No data	No data	No data	No data
2023	$148,176	$150,250	$1,090,826	$-2,074
2022	$124,386	$124,742	$1,101,592	$-356
2021	$146,520	$103,461	$1,113,130	$43,059
2020	$108,191	$120,622	$1,085,467	$-12,431
2019	$129,086	$226,436	$1,097,204	$-97,350
2018	$914,978	$208,899	$1,200,508	$706,079

HOPE SIGHT MISSION ASSOCIATION