Fr Richard Ho Lung & Friends Foundation
Nonprofit profile at a glance
- EIN
- 332102442
- IRS 990-EZ coverage
- 2024–2024
- Forms available
- Form 990-EZ 2024
- Location
- Charolotte, NC, USA
- Phone
- 7042316309
- Rating confidence
- Limited
- Sector
- Roman Catholic
- Affiliation
- Christianity
Reported finances
- Revenue
- $4,800
- Expenses
- $0
- Assets
- $4,800
- Liabilities
- $0
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
5 people listed
Executive titles in this filing
- Father Ricard Ho Lung (President)
People named in this filing
- Father Ricard Ho Lung (President)
- Peter Tonon (Secretary)
- Steve Favory (Treasurer)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
The Fr. Richard Ho Lung and Friends Foundation is a religious ministry using the power of Christian music, dance and theatre to spread the Word of God, evangelize for the Catholic Faith, and to raise money for Catholic ministries, particularly those providing assistance and outreach to the poor and to those in distress or suffering due to age, disability or infirmity. The organization was formed in November of 2024 as a North Carolina nonprofit corporation and seeks to qualify as a public charity. Fr. Ho Lung is a Catholic Priest first ordained in Boston more than 40 years ago, and currently serving in Kingston, Jamaica. He has spread the Word of God, brought those seeking God into the Catholic Faith, and dedicated his life, and the mission of the Organization to expanding Catholicism and serving the poor.
Operating model
- Revenue model
- Donor-supported. 100% of the money available for current operations came from contributions and gifts.
- Distribution model
- No current program activity. The filing reports no program spending for the current year.
The verdict
- The available evidence is not sufficient to produce an overall rating for this filing. This is not a warning sign.
Rating breakdown
- Financial Efficiency: 0
- Transparency & Controls: 82
- Sustainability: 8
- Growth: NotEnoughData
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 0%; rating input score 0
- Program expense ratio: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: Limited
- Total-asset coverage ratio: Limited
- Liabilities to assets ratio: 0; rating input score 68; 68th percentile among comparable filings
- Officer compensation ratio: Limited
Growth
- Program expense growth: Limited
- Revenue growth: Limited
- Asset growth: Limited
Details
- Where the money goes: 0% of revenue deployed
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment
- Leadership: top reported pay $0 · 5 people listed
- Consistency: 9 of 9 current checks pass
- Schedules: 1 filed schedules
- Contacts: How to reach this organization
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- High — Financial Efficiency: Mission deployment rate scored 0/100.