Hope Education Foundation

Nonprofit profile at a glance

EIN: 562579095
IRS 990-EZ coverage: 2014–2024
Forms available: Form 990-EZ 2024
Location: Rancho Cucamonga, CA, USA
Phone: 6262819488
Rating: 85
Verdict: STRONG
Rating confidence: Moderate
Sector: Cultural, Ethnic Awareness

Reported finances

Revenue: $200
Expenses: $225
Assets: $3,224
Liabilities: $2,453

Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

7 people listed

People named in this filing

Golden Yuan (Executive Direc)
Zhi Wei Yuan (Chairman)
Steve Cook (Chairman)

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

Provide educational services for students domestic and abroad.

What it reported doing in 2024

Hope Education Foundation assists students abroad and domestic with educational programs. They arrange U.S. high school students to travel to China to learn the Chinese language and culture. In prior years they also facilitated U.S. high school students to complete community service programs in Costa Rica.

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

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Program spending has declined or grown slowly and revenue has declined or grown slowly.

Rating breakdown

Financial Efficiency: 100
Transparency & Controls: 82
Sustainability: 49
Growth: 0

Detailed rating inputs

Financial Efficiency

Mission deployment rate: 100%; rating input score 100
Program expense ratio: 100%; rating input score 100

Transparency & Controls

Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
Major donor itemization: Limited

Sustainability

Operating margin: -12.5%; rating input score 29; 29th percentile among comparable filings
Total-asset coverage ratio: 14.33; rating input score 94; 94th percentile among comparable filings
Liabilities to assets ratio: 0.76; rating input score 7; 7th percentile among comparable filings
Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings

Growth

Program expense growth: -37.6% per year; rating input score 0; 11th percentile among comparable filings
Revenue growth: -43.7% per year; rating input score 0; 7th percentile among comparable filings
Asset growth: -11.3% per year; rating input score 0; 16th percentile among comparable filings

Details

Where the money goes: 100% of revenue deployed · 100% of spending went to programs
Governance: Filed governance answers
Accomplishments: 1 filed program accomplishment · $225 in reported program spending
Leadership: top reported pay $0 · 7 people listed
Consistency: 7 of 7 current checks pass
Schedules: 2 filed schedules
Filing history: 9 filing years from 2014 to 2024
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 — Growth: Program expense growth scored 0/100.
High — Growth: Revenue growth scored 0/100.
High — Sustainability: Operating margin scored 29/100.
High — Growth: Asset growth scored 0/100.
High — Sustainability: Liabilities to assets ratio scored 7/100.
Review — Sustainability: Officer compensation ratio scored 56/100.