On Ping Association
Nonprofit profile at a glance
- EIN
- 941507364
- IRS 990-EZ coverage
- 2020–2024
- Forms available
- Form 990-EZ 2024
- Location
- San Francisco, CA, USA
- Rating
- 56
- Verdict
- MIXED
- Rating confidence
- Moderate
Reported finances
- Revenue
- $85,692
- Expenses
- $105,819
- Assets
- $387,318
- Liabilities
- $11,262
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
4 people listed
Executive titles in this filing
- THOMAS YUEN (President)
People named in this filing
- HO KEE MAN (Secretary)
- KUEN LAM (Treasurer)
- SAM YIP (Secretary)
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
Social activities for elderly
What it reported doing in 2024
Daily social activities for members at club facility to socialize, read newspapers, watch tv, play games, or other activities for elderly. Members annual gathering dinner.
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
MIXED - The filed numbers largely add up and program spending has grown recently. A relatively small share of available resources goes toward mission work and a relatively small share of total spending goes to programs.
Rating breakdown
- Financial Efficiency: 33
- Transparency & Controls: 82
- Sustainability: 43
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 35.9%; rating input score 36
- Program expense ratio: 29%; rating input score 29
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: -23.5%; rating input score 21; 21st percentile among comparable filings
- Total-asset coverage ratio: 3.66; rating input score 79; 79th percentile among comparable filings
- Liabilities to assets ratio: 0.03; rating input score 24; 24th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings
Growth
- Program expense growth: 49.8% per year; rating input score 100; 93rd percentile among comparable filings
- Revenue growth: 1.5% per year; rating input score 100; 58th percentile among comparable filings
- Asset growth: 2.8% per year; rating input score 100; 50th percentile among comparable filings
Details
- Where the money goes: 35.9% of revenue deployed · 29% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 3 filed program accomplishments · $31K in reported program spending
- Leadership: top reported pay $0 · 4 people listed
- Consistency: 7 of 7 current checks pass
- Schedules: 1 filed schedules
- Filing history: 5 filing years from 2020 to 2024
- Contacts: How to reach this organization
- 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.
- Moderate — Financial Efficiency: Mission deployment rate scored 36/100.
- High — Financial Efficiency: Program expense ratio scored 29/100.
- High — Sustainability: Operating margin scored 21/100.
- High — Sustainability: Liabilities to assets ratio scored 24/100.
- Review — Sustainability: Officer compensation ratio scored 56/100.