Liabilities / Assets
80th percentile
Higher debt load relative to assets than 80% of similar nonprofits.
Siviq Scores
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
0.16x
Liabilities / Revenue
83rd percentile
Higher debt load relative to revenue than 83% of similar nonprofits.
Net Margin
18th percentile
Higher net margin than 18% of similar nonprofits.
Top Officer Pay
93rd percentile
Higher top officer pay than 93% of similar nonprofits.
Top officer pay equals 0.0% of source-year revenue.
Asset Growth
65th percentile
Faster asset growth than 65% of similar nonprofits.
Revenue Growth
93rd percentile
Faster revenue growth than 93% of similar nonprofits.
Balance Sheet
Assets
Up$235,353
Up $15,897 (+7.2%) from 2021
Net Assets
Down$196,581
Down $21,725 (-10.0%) from 2021
Liabilities
Up$38,772
Up $37,622 (+3271%) from 2021
Revenue And Expenses
Revenue
Up$155,205
Up $103,407 (+200%) from 2021
Expenses
Up$176,930
Up $132,948 (+302%) from 2021
Net Income
Down-$21,725
Down $29,541 (-378%) from 2021
Historical Trend
Jump To
Filing Snapshot
- Filing Period
- Jan 1, 2022 to Dec 31, 2022
- Signed
- May 10, 2023
- Return Version
- 2022v5.0
- Gross Receipts
- $155,205
Mission and Program Overview
Mission
Founded in 1910, ff fraternity is a global brotherhood of academics, professionals and entrepreneurs, and has evolved into one of the most active and influential chinese fraternal organizations in the us. The strength of our non-profit and non-political organization comes from its highly qualified members and their determination to build on their mission of "fellowship and service." currently, there are active lodges in boston, hong kong, los angeles, montreal, new york, san francisco, shanghai, singapore, and washington d.c.
Founded in 1910, ff fraternity is a global brotherhood of academics, professionals and entrepreneurs, and has evolved into one of the most active and influential chinese fraternal organizations in the us. The strength of our non-profit and non-political organization comes from its highly qualified members and their determination to build on their mission of "fellowship and service." currently, there are active lodges in boston, hong kong, los angeles, montreal, new york, san francisco, shanghai, singapore, washington d.c., and taipei.
Program Services
| Description | Grants | Expenses |
|---|---|---|
| THE OBJECTIVE AND PURPOSE OF THE FRATERNITY IS TO CULTIVATE FRATERNAL COMRADESHIP; TO UPHOLD A HIGH STANDARD OF CONDUCT IN PRIVATE AND PUBLIC LIFE; TO ENCOURAGE A HIGH STANDARD OF ACHIEVEMENT AND TO ASSIST, BY ALL HONORABLE MEANS, IN THE ADVANCEMENT OF THE FF BROTHERS IN THEIR WORKS.THE FRATERNITY HAS ALWAYS BEEN STUDIOUSLY NON-POLITICAL. IT IS ONE OF THE PHILOSOPHIES THAT CONTRIBUTES TO THE PERPETUITY OF THE FRATERNITY.THE MOTTO OF THE FRATERNITY IS "FELLOWSHIP AND SERVICE," THAT IS, TO PROVIDE FELLOWSHIP AMONG FRATERNITY BROTHERS AND TO PROVIDE SERVICE TO THE FRATERNITY AND ITS BROTHERS. | - | $170,989 |
Compensation and Service Providers
Employees
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| PHILIP MOK | President | - | $0 | - | - |
| MICHAEL KING | Secretary | - | $0 | - | - |
| VICTOR YOUNG | Treasurer | - | $0 | - | - |
Filing and Contact Details
Filer
- Filer Name
- Ff Fraternity Inc
- EIN
- 47-4620441
- Phone
- 9259307284
- Address
- 1433 CORTEZ COURT, WALNUT CREEK, CA 94598
Signing Officer
- Name
- Michael King
- Title
- Secretary
- Signed
- 2023-05-10
- Discuss with paid preparer
- Yes
Preparer
- Firm
- Fong Ko & Associates Llp
- Address
- 1510 FASHION ISLAND BLVD STE 200, SAN MATEO, CA 94404
- Preparer
- Oliver Laiming Ko
- Phone
- 6502869966
Supplemental Narrative
Additional Explanations
Other Revenue.1
“CASH BACK FEES $9”
Other Expenses.1012
“Insurance $2014”
Other Expenses.1
“PROGRAM EXPENSE $104210”
Other Expenses.2
“PINS $25827”
Other Expenses.3
“SOCIAL EVENTS $15219”
Other Expenses.4
“Recruiting expense $10539”
Other Expenses.5
“Holiday party expense $5108”
Other Expenses.6
“CNY PARTY $5101”
Other Expenses.7
“Website and app expense $2124”
Other Expenses.8
“PICNIC EXPENSE $2013”
Other Expenses.9
“LOBSTER FEED $1312”
Other Expenses.10
“GOLF EXPENSE $1100”
Other Expenses.11
“Dues & subscriptions - qb $860”
Other Expenses.12
“OTHER EVENT EXPENSE $698”
Other Expenses.13
“BUSINESS MEETING $99”
Other Expenses.14
“FILING FEE $50”
Other Assets.1005
“Accounts Receivable - Beginning $9819 Accounts Receivable - Ending $9182”
Other Assets.1011
“Prepaid Expenses and Deferred Charges - Beginning $504 Prepaid Expenses and Deferred Charges - Ending $0”
Total Liabilities.1001
“Accounts Payable and Accrued Expenses - Beginning $1150 Accounts Payable and Accrued Expenses - Ending $38772”
Raw XML Appendix151 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.
| Path | # | Value |
|---|---|---|
| IRS990EZ/ActivitiesNotPreviouslyRptInd | 0 | false |
| IRS990EZ/BooksInCareOfDetail/PersonNm | 0 | MICHAEL KING |
| IRS990EZ/BooksInCareOfDetail/PhoneNum | 0 | 9259307284 |
| IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | 1433 CORTEZ COURT |
| IRS990EZ/BooksInCareOfDetail/USAddress/CityNm | 0 | WALNUT CREEK |
| IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | CA |
| IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 94598 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt | 0 | 209133 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt | 0 | 226171 |
| IRS990EZ/ChgMadeToOrgnzngDocNotRptInd | 0 | false |
| IRS990EZ/ContributionsGiftsGrantsEtcAmt | 0 | 38630 |
| IRS990EZ/CostOfGoodsSoldAmt | 0 | 0 |
| IRS990EZ/CostOrOtherBasisExpenseSaleAmt | 0 | 0 |
| IRS990EZ/DonorAdvisedFndsInd | 0 | false |
| IRS990EZ/ExcessOrDeficitForYearAmt | 0 | -21725 |
| IRS990EZ/FeesAndOtherPymtToIndCntrctAmt | 0 | 656 |
| IRS990EZ/ForeignFinancialAccountInd | 0 | false |
| IRS990EZ/ForeignOfficeInd | 0 | false |
| IRS990EZ/Form1120PolFiledInd | 0 | false |
| IRS990EZ/Form990TotalAssetsGrp/BOYAmt | 0 | 219456 |
| IRS990EZ/Form990TotalAssetsGrp/EOYAmt | 0 | 235353 |
| IRS990EZ/FundraisingGrossIncomeAmt | 0 | 0 |
| IRS990EZ/GrossReceiptsAmt | 0 | 155205 |
| IRS990EZ/GrossReceiptsForPublicUseAmt | 0 | 0 |
| IRS990EZ/InfoInScheduleOPartIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIInd | 0 | X |
| IRS990EZ/InitiationFeesAndCapContriAmt | 0 | 0 |
| IRS990EZ/MadeLoansToFromOfficersInd | 0 | false |
| IRS990EZ/MethodOfAccountingAccrualInd | 0 | X |
| IRS990EZ/NetAssetsOrFundBalancesBOYAmt | 0 | 218306 |
| IRS990EZ/NetAssetsOrFundBalancesEOYAmt | 0 | 196581 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt | 0 | 218306 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt | 0 | 196581 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 0 | 1.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 1 | 1.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 2 | 1.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 0 | PHILIP MOK |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 1 | MICHAEL KING |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 2 | VICTOR YOUNG |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 0 | President |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 1 | Secretary |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 2 | Treasurer |
| IRS990EZ/OperateHospitalInd | 0 | false |
| IRS990EZ/Organization501cInd | 0 | X |
| IRS990EZ/OrganizationDissolvedEtcInd | 0 | false |
| IRS990EZ/OrganizationHadUBIInd | 0 | false |
| IRS990EZ/OtherAssetsTotalDetail/BOYAmt | 0 | 10323 |
| IRS990EZ/OtherAssetsTotalDetail/EOYAmt | 0 | 9182 |
| IRS990EZ/OtherExpensesTotalAmt | 0 | 176274 |
| IRS990EZ/OtherRevenueTotalAmt | 0 | 9 |
| IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt | 0 | NONE |
| IRS990EZ/PartVIOfCompOfHghstPdEmplTxt | 0 | NONE |
| IRS990EZ/PoliticalCampaignActyInd | 0 | false |
| IRS990EZ/PrimaryExemptPurposeTxt | 0 | FOUNDED IN 1910, FF FRATERNITY IS A GLOBAL BROTHERHOOD OF ACADEMICS, PROFESSIONALS AND ENTREPRENEURS, AND HAS EVOLVED INTO ONE OF THE MOST ACTIVE AND INFLUENTIAL CHINESE FRATERNAL ORGANIZATIONS IN THE US. THE STRENGTH OF OUR NON-PROFIT AND NON-POLITICAL ORGANIZATION COMES FROM ITS HIGHLY QUALIFIED MEMBERS AND THEIR DETERMINATION TO BUILD ON THEIR MISSION OF "FELLOWSHIP AND SERVICE." CURRENTLY, THERE ARE ACTIVE LODGES IN BOSTON, HONG KONG, LOS ANGELES, MONTREAL, NEW YORK, SAN FRANCISCO, SHANGHAI, SINGAPORE, WASHINGTON D.C., AND TAIPEI. |
| IRS990EZ/ProgramServiceRevenueAmt | 0 | 116566 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 0 | THE OBJECTIVE AND PURPOSE OF THE FRATERNITY IS TO CULTIVATE FRATERNAL COMRADESHIP; TO UPHOLD A HIGH STANDARD OF CONDUCT IN PRIVATE AND PUBLIC LIFE; TO ENCOURAGE A HIGH STANDARD OF ACHIEVEMENT AND TO ASSIST, BY ALL HONORABLE MEANS, IN THE ADVANCEMENT OF THE FF BROTHERS IN THEIR WORKS.THE FRATERNITY HAS ALWAYS BEEN STUDIOUSLY NON-POLITICAL. IT IS ONE OF THE PHILOSOPHIES THAT CONTRIBUTES TO THE PERPETUITY OF THE FRATERNITY.THE MOTTO OF THE FRATERNITY IS "FELLOWSHIP AND SERVICE," THAT IS, TO PROVIDE FELLOWSHIP AMONG FRATERNITY BROTHERS AND TO PROVIDE SERVICE TO THE FRATERNITY AND ITS BROTHERS. |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt | 0 | 170989 |
| IRS990EZ/ProhibitedTaxShelterTransInd | 0 | false |
| IRS990EZ/RelatedOrganizationCtrlEntInd | 0 | false |
| IRS990EZ/ScheduleBNotRequiredInd | 0 | X |
| IRS990EZ/SpecialEventsDirectExpensesAmt | 0 | 0 |
| IRS990EZ/StatesWhereCopyOfReturnIsFldCd | 0 | CA |
| IRS990EZ/SubjectToProxyTaxInd | 0 | false |
| IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt | 0 | 1150 |
| IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt | 0 | 38772 |
| IRS990EZ/TanningServicesProvidedInd | 0 | false |
| IRS990EZ/TaxImposedOnOrganizationMgrAmt | 0 | 0 |
| IRS990EZ/TaxImposedUnderIRC4911Amt | 0 | 0 |
| IRS990EZ/TaxImposedUnderIRC4912Amt | 0 | 0 |
| IRS990EZ/TaxImposedUnderIRC4955Amt | 0 | 0 |
| IRS990EZ/TaxReimbursedByOrganizationAmt | 0 | 0 |
| IRS990EZ/TotalExpensesAmt | 0 | 176930 |
| IRS990EZ/TotalProgramServiceExpensesAmt | 0 | 170989 |
| IRS990EZ/TotalRevenueAmt | 0 | 155205 |
| IRS990EZ/TransactionWithControlEntInd | 0 | false |
| IRS990EZ/TypeOfOrganizationCorpInd | 0 | X |
| IRS990EZ/WebsiteAddressTxt | 0 | N/A |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | CASH BACK FEES $9 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | Insurance $2014 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | PROGRAM EXPENSE $104210 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | PINS $25827 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 4 | SOCIAL EVENTS $15219 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 5 | RECRUITING EXPENSE $10539 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 6 | HOLIDAY PARTY EXPENSE $5108 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 7 | CNY PARTY $5101 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 8 | WEBSITE AND APP EXPENSE $2124 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 9 | PICNIC EXPENSE $2013 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 10 | LOBSTER FEED $1312 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 11 | GOLF EXPENSE $1100 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 12 | DUES & SUBSCRIPTIONS - QB $860 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 13 | OTHER EVENT EXPENSE $698 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 14 | BUSINESS MEETING $99 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 15 | FILING FEE $50 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 16 | Accounts Receivable - Beginning $9819 Accounts Receivable - Ending $9182 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 17 | Prepaid Expenses and Deferred Charges - Beginning $504 Prepaid Expenses and Deferred Charges - Ending $0 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 18 | Accounts Payable and Accrued Expenses - Beginning $1150 Accounts Payable and Accrued Expenses - Ending $38772 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | Other Revenue.1 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | Other Expenses.1012 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | Other Expenses.1 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | Other Expenses.2 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 4 | Other Expenses.3 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 5 | Other Expenses.4 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 6 | Other Expenses.5 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 7 | Other Expenses.6 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 8 | Other Expenses.7 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 9 | Other Expenses.8 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 10 | Other Expenses.9 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 11 | Other Expenses.10 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 12 | Other Expenses.11 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 13 | Other Expenses.12 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 14 | Other Expenses.13 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 15 | Other Expenses.14 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 16 | Other Assets.1005 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 17 | Other Assets.1011 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 18 | Total Liabilities.1001 |
| ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd | 0 | AAL1 |
| ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/FederatedAssuranceLevelCd | 0 | FAL1 |
| ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd | 0 | IAL1 |
| ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd | 0 | 2 |
| ReturnHeader/BuildTS | 0 | 2023-04-26 12:10:37Z |
| ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd | 0 | true |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | MICHAEL KING |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | Secretary |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2023-05-10 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt | 0 | FF FRATERNITY INC |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | FFFR |
| ReturnHeader/Filer/EIN | 0 | 474620441 |
| ReturnHeader/Filer/PhoneNum | 0 | 9259307284 |
| ReturnHeader/Filer/USAddress/AddressLine1Txt | 0 | 1433 CORTEZ COURT |
| ReturnHeader/Filer/USAddress/CityNm | 0 | WALNUT CREEK |
| ReturnHeader/Filer/USAddress/StateAbbreviationCd | 0 | CA |
| ReturnHeader/Filer/USAddress/ZIPCd | 0 | 94598 |
| ReturnHeader/IRSResponsiblePrtyInfoCurrInd | 0 | true |
| ReturnHeader/PreparerFirmGrp/PreparerFirmEIN | 0 | 204014608 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt | 0 | FONG KO & ASSOCIATES LLP |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt | 0 | 1510 FASHION ISLAND BLVD STE 200 |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm | 0 | SAN MATEO |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd | 0 | CA |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd | 0 | 94404 |
| ReturnHeader/PreparerPersonGrp/PhoneNum | 0 | 6502869966 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | Oliver Laiming Ko |
| ReturnHeader/ReturnTs | 0 | 2023-05-10T11:58:58-07:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990EZ |
| ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm | 0 | MICHAEL |
| ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm | 0 | KING |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2022-01-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2022-12-31 |
| ReturnHeader/TaxYr | 0 | 2022 |
Document Assets
No mirrored PDF or thumbnail assets are attached yet.
Filings
Displayed year
2022 • Form 990EZDetailed filing. Detailed filing data is available for this year.
- Assets
- $235,353
- Liabilities
- $38,772
- Net assets
- $196,581
- Revenue
- $155,205
- Expenses
- $176,930
- Net income
- -$21,725