Hrj Charities Inc

Nonprofit profile at a glance

EIN
651252760
IRS 990 coverage
2011–2024
Forms available
Form 990 2024
Location
Palo Alto, CA, USA
Phone
4152356318
Rating confidence
Limited
Sector
Fund Raising and Fund Distribution

Reported finances

Revenue
$-24,167
Expenses
$819,531
Assets
$875,428
Liabilities
$599,869

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

Leadership & pay

5 people listed

Executive titles in this filing

  • RONALD YU (EXECUTIVE DIRECTOR)

Highest reported compensation

  • RONALD YU (EXECUTIVE DIRECTOR): $120,000 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

To help children and families in need.

What it reported doing in 2024

Hrj charities makes grants and/or donations to non-profit organizations (1) generally located in the san francisco bay area and (2) demonstrates to hrj charities' satisfaction that such organizations seek to foster personal development, educational achievement, physical and emotional health, and/or economic empowerment. Hrj charities' events raise awareness for projects supported by the organization's mission. They consist of two types of events - theatre with a vip reception prior to the theatre show and an awards breakfast. The events generally serve approximately 1000 and 150 respectively. The net proceeds are directed to grantmaking directives consistent with the organization's mission which may include a locally-based non-profit beneficiary.

Operating model

Revenue model
No positive adjusted resources. The filing reports no positive adjusted operating resources.
Distribution model
Grant intermediary. The nonprofit sent 88% of its reported program spending out as grants.

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: 78
  • Transparency & Controls: 88
  • Accountability: 100
  • Sustainability: 12
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: Limited
  • Program expense ratio: 75.3%; rating input score 75
  • Fundraising efficiency: $72.16 raised per $1 spent on fundraising; rating input score 86; 86th percentile among comparable filings

Transparency & Controls

  • Consistency checks: 93.8%; rating input score 94; 26th percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Limited
  • Grant itemization coverage: 91%; rating input score 91; 54th percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 64th percentile among comparable filings
  • Governance controls: 8 of 8 controls in place; rating input score 100
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: Pass
    • Other executive compensation review process: NotApplicable
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Pass
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: -3,491.1%; rating input score 3; 3rd percentile among comparable filings
  • Total-asset coverage ratio: 1.07; rating input score 25; 25th percentile among comparable filings
  • Liabilities to assets ratio: 0.69; rating input score 9; 9th percentile among comparable filings
  • Officer compensation ratio: 14.6%; rating input score 15; 15th percentile among comparable filings

Growth

  • Program expense growth: 6.9% per year; rating input score 100; 70th percentile among comparable filings
  • Revenue growth: 2.9% per year; rating input score 100; 71st percentile among comparable filings
  • Asset growth: 8.7% per year; rating input score 100; 77th percentile among comparable filings

Details

  • Where the money goes: 75.3% of spending went to programs
  • Governance: 4 of 4 board members independent · 8 of 8 filing controls reported
  • Programs: 1 filed program accomplishment · $617K in reported program spending
  • Leadership: top reported pay $120K · 5 people listed
  • Consistency: 25 of 26 current checks pass · 1 finding to review
  • Schedules: 7 filed schedules · includes major donors and grants
  • Filing history: 13 filing years from 2011 to 2024
  • Contacts: How to reach this organization
  • Money network: 18 filed money-flow records
  • Related organizations: 16 filed related-organization links
  • 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 — Sustainability: Operating margin scored 3/100.
  • High — Sustainability: Total-asset coverage ratio scored 25/100.
  • Review — Transparency & Controls: Domestic grant itemization did not reconcile in the filed values.
  • High — Sustainability: Liabilities to assets ratio scored 9/100.
  • High — Sustainability: Officer compensation ratio scored 15/100.