Nonprofit screen
Screen a listHong Bang Inc
Can you give?
Listed with the IRS. Every screen came back clear.
A 501(c)(3) on Publication 78 and the IRS master file.
- IRS nonprofit listing
- No issue
- Revocation
- Reinstated
- IRS files
- Agree
- Sanctions
- No match
- IRS bulletin
- No notice
- California
- No record
- Charity type
- 509(a)(1)
$100krevenue
FY20212 of 2years filed
’20’21
Revenue and spendingRevenueSpendingDeficit
Against similar nonprofits FY2021
Operating margin−26.7%
Months of reserve4.9mo
Revenue growth (annualized)+21.6%
Middle half of peersMedianHong Bang
Where the money goes FY2021 · $127k spent
Programs$125k99%Management and general$2k1%990 FY2021 · Part IX line 25
Nothing to check in the filings
In its favor2
Strong governance
7 of 7 board members independent. Conflict-of-interest and whistleblower policies, audited financial statements, board reviews the 990.
990 Part VIGrowing faster than peers
Revenue up 22% a year since FY2020, in the top quarter of similar nonprofits.
990 Part I · peer cohort3funders
$5ka year, last 3 years
99%from its largest funder
Funder’19’20’21’22’23Charity Group of Va Affection - IncOn and off$7k$7k$7kDonor-advised giftsDonors not disclosed$5k$29$32$51$51
FundedThrough a donor-advised fund