Civic Intelligence

Hw Global Foundation Inc.

990EZ • Fiscal year 2019 • EIN 46-4510112

Jan 01, 2019 to Dec 31, 2019 • Filed on May 20, 2020

Organization Profilehwglobal.org
13605 Aqua LnRockville, MD 20850-3633

(203) 979-0978

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on this filing.

Source year 2019

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on this filing.

Source year 2019

Net Margin

57th percentile

6.6%

Higher net margin than 57% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Top Officer Pay

77th percentile

$0

Higher top officer pay than 77% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Asset Growth

70th percentile

19%

Faster asset growth than 70% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Annualized from 2018 to 2019

Revenue Growth

17th percentile

-31%

Faster revenue growth than 17% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Annualized from 2018 to 2019

Balance Sheet
Liabilities / AssetsScore unavailable

Assets

Up

$29,058

Up $4,541 (+19%) from 2018

Net Assets

Up

$29,058

Up $4,541 (+19%) from 2018

Liabilities

-

No earlier filing loaded for comparison.

Revenue And Expenses
Liabilities / RevenueScore unavailableNet Margin57th percentile

Revenue

Down

$69,282

Down $31,442 (-31%) from 2018

Expenses

Down

$64,741

Down $21,248 (-25%) from 2018

Net Income

Down

$4,541

Down $10,194 (-69%) from 2018

Historical Trend

Balance Sheet Trend

Asset Growth70th percentile

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$80K$60K$40K$20K$0Assets 2018: $24,517Net Assets 2018: $24,5172018Assets 2019: $29,058Net Assets 2019: $29,0582019Assets 2020: $56,931Liabilities 2020: $0Net Assets 2020: $56,9312020Assets 2021: $66,574Liabilities 2021: $0Net Assets 2021: $66,5742021

Highlighted filing

2019

Assets$29,058
Liabilities-
Net Assets$29,058
Open 2019 Filing

Operations Trend

Revenue Growth17th percentile

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$150K$100K$50K$0Revenue 2018: $100,724Expenses 2018: $85,989Net Income 2018: $14,7352018Revenue 2019: $69,282Expenses 2019: $64,741Net Income 2019: $4,5412019Revenue 2020: $51,885Expenses 2020: $24,012Net Income 2020: $27,8732020Revenue 2021: $37,084Expenses 2021: $27,441Net Income 2021: $9,6432021

Highlighted filing

2019

Revenue$69,282
Expenses$64,741
Net Income$4,541
Open 2019 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2019 to Dec 31, 2019
Signed
May 20, 2020
Return Version
2019v5.0
Gross Receipts
$69,282
Mission and Program Overview

Mission

HW Global Foundation is a non-profit educational organization. It promotes amateur sports and provide merit-based and need-based scholarships to students. Its table tennis Talent Development Program is dedicated to advancing the lives of girls and boys through the Olympic Sport of table tennis and to developing the best table tennis talents in the United States. Through this program, children will learn the skills and values, such as focus, hard work, problem-solving, perseverance, positive attitude, teamwork, self-confidence and commitment to excellence, that will help them achieve future successes in life. HW Global Foundation does not and shall not discriminate on the basis of race, color, religion (creed), gender, gender expression, national origin or any other basis of discrimination prohibited by law.

Program Services

DescriptionGrantsExpenses
Youth Table Tennis Development Program Serving more than 40 students in 2019, mostly from age 6 - 18 Provides need-based and merit-based scholarships Also provide professional development for about 15 coaches and assistants$3,939$48,779
Compensation and Service Providers
Top Officer Pay77th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Hans HsuChairman Of The Board And President-$0--
Barbara WeiBoard Of Director-$0--
Elissa LinBoard Of Director-$0--
Wen HsuTreasurer And Program DirectorPT$0--
Filing and Contact Details

Filer

Filer Name
HW Global Foundation Inc
EIN
46-4510112
In Care Of
% Wen Hsu
Phone
2039790978
Address
13605 Aqua Ln, Rockville, MD 20850-3633

Signing Officer

Name
Wen Hsu
Title
Treasurer
Phone
2039790978
Signed
2020-05-20
Discuss with paid preparer
No
Supplemental Narrative

Additional Explanations

Part I, line 10

“| Activity:, Grantee Name:, Grantee Address:, Amount:, Relationship:| Travel Grants, grantee, "", $2533.00, No Relationship| Scholarships for young athletes, grantee, "", $1406.00, No Relationship|”

Part I, line 16

“| Other Expenses:, Amount:| Tournament and league team entry fees for the students, $6523.00| Staff development, $878.00|”

Raw XML Appendix147 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990EZ/OperateHospitalInd0false
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IRS990EZ/PrimaryExemptPurposeTxt0HW Global Foundation is a non-profit educational organization. It promotes amateur sports and provide merit-based and need-based scholarships to students. Its table tennis Talent Development Program is dedicated to advancing the lives of girls and boys through the Olympic Sport of table tennis and to developing the best table tennis talents in the United States. Through this program, children will learn the skills and values, such as focus, hard work, problem-solving, perseverance, positive attitude, teamwork, self-confidence and commitment to excellence, that will help them achieve future successes in life. HW Global Foundation does not and shall not discriminate on the basis of race, color, religion (creed), gender, gender expression, national origin or any other basis of discrimination prohibited by law.
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0| Activity:, Grantee Name:, Grantee Address:, Amount:, Relationship:| Travel Grants, grantee, "", $2533.00, No Relationship| Scholarships for young athletes, grantee, "", $1406.00, No Relationship|
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1| Other Expenses:, Amount:| Tournament and league team entry fees for the students, $6523.00| Staff development, $878.00|
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ReturnHeader/BuildTS02020-09-22 18:59:49Z
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ReturnHeader/Filer/PhoneNum02039790978
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ReturnHeader/ReturnTs02020-05-20T08:47:56-04:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02019-01-01
ReturnHeader/TaxPeriodEndDt02019-12-31
ReturnHeader/TaxYr02019

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2019 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$29,058
Liabilities
-
Net assets
$29,058
Revenue
$69,282
Expenses
$64,741
Net income
$4,541
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2021Detailed filing. Detailed filing data is available for this year.$0.67$0.00$0.67$0.37$0.27$0.10
2020Detailed filing. Detailed filing data is available for this year.$0.57$0.00$0.57$0.52$0.24$0.28
2019Detailed filing. Detailed filing data is available for this year.$0.29$0.29$0.69$0.65$0.05
2018Detailed filing. Detailed filing data is available for this year.$0.25$0.25$1.01$0.86$0.15