Hoi Tu Thien Hoa Tinh Thuong

Nonprofit profile at a glance

EIN: 821293955
IRS 990-EZ coverage: 2017–2019
Forms available: Form 990-EZ 2019
Location: San Jose, CA, USA
Phone: 4088987150
Rating: 78
Verdict: SUPPORTED
Rating confidence: Moderate
Sector: Public Foundations

Reported finances

Revenue: $41,579
Expenses: $69,401
Assets: $0

Source: IRS Form 990-EZ. Selected filing: tax year 2019. Amounts in USD.

Leadership & pay

2 people listed

Executive titles in this filing

CHIEN QUOC VU (President & CEO)

People named in this filing

CHIEN QUOC VU (President & CEO)
LILLIAN HUYNH DANG (CFO)

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 2019. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

The purpose of this corporation is to raise money from the public needy individuals.

What it reported doing in 2019

The purpose of this corporation is to raise money for the needy individuals for economic, health or social reasons.

Operating model

Revenue model: Cannot be determined from the filing. The filing does not provide enough consistent revenue detail to tell how this nonprofit funds its work.
Distribution model: Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.

The verdict

SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. A relatively small share of total spending goes to programs and expenses are high relative to revenue.

Rating breakdown

Financial Efficiency: 81
Transparency & Controls: 82
Sustainability: 12
Growth: 80

Detailed rating inputs

Financial Efficiency

Mission deployment rate: 95.1%; rating input score 95
Program expense ratio: 57%; rating input score 57

Transparency & Controls

Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
Major donor itemization: Limited

Sustainability

Operating margin: -66.9%; rating input score 10; 10th percentile among comparable filings
Total-asset coverage ratio: 0; rating input score 2; 2nd percentile among comparable filings
Liabilities to assets ratio: Limited
Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings

Growth

Program expense growth: 34% per year; rating input score 100; 91st percentile among comparable filings
Revenue growth: 7.3% per year; rating input score 100; 81st percentile among comparable filings
Asset growth: -2.6% per year; rating input score 0; 32nd percentile among comparable filings

Details

Where the money goes: 95.1% of revenue deployed · 57% of spending went to programs
Governance: Filed governance answers
Accomplishments: 1 filed program accomplishment · $40K in reported program spending
Leadership: top reported pay $0 · 2 people listed
Consistency: 5 of 5 current checks pass
Schedules: 3 filed schedules
Filing history: 3 filing years from 2017 to 2019
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.

Grant-readiness screening is separate from the live rating, not a measure of program quality. Review the source records before making a grant decision.

Review — Financial Efficiency: Program expense ratio scored 57/100.
High — Sustainability: Operating margin scored 10/100.
High — Sustainability: Total-asset coverage ratio scored 2/100.
High — Growth: Asset growth scored 0/100.
Review — Sustainability: Officer compensation ratio scored 56/100.
High — Grant Readiness: California registration: this organization is recorded as not currently operating in California.