Civic Intelligence

Hkanc Scholarship Foundation

EIN 82-1256009 • 501(c)3 • San Francisco, CA

Profile

The foundation's sole activity is the awarding of scholarships to undergraduate and graduate university students of high academic distinction. This is based on the belief that investing in today's youth will help to ensure that students strive to achieve thier goals and to develop into leaders of tomorrow. The scholarships are awarded to the students in the university of california, berkeley and san francisco state university.

PO Box 374San Francisco, CA 94104

www.hkanc.com

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on the latest valid filing.

Source year 2024

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on the latest valid filing.

Source year 2024

Net Margin

23rd percentile

-20%

Higher net margin than 23% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2024

Top Officer Pay

84th percentile

$0

Higher top officer pay than 84% of similar nonprofits.

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

501(c)3 • <$500k nonprofits • Source year 2024

Asset Growth

57th percentile

1.4%

Faster asset growth than 57% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2022 to 2024

Revenue Growth

20th percentile

-42%

Faster revenue growth than 20% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2022 to 2024

Balance Sheet
Liabilities / AssetsScore unavailable

Assets

Down

$123,619

Down $2,659 (-2.1%) from 2023

Liabilities

-

No earlier filing loaded for comparison.

Net Assets

Down

$123,619

Down $2,659 (-2.1%) from 2023

Operations
Liabilities / RevenueScore unavailableNet Margin23rd percentile

Revenue

Down

$13,088

Down $8,731 (-40%) from 2023

Expenses

Up

$15,747

Up $71 (+0.5%) from 2023

Net Income

Down

-$2,659

Down $8,802 (-143%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth57th percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$150K$100K$50K$0Assets 2017: $29,109Liabilities 2017: $0Net Assets 2017: $29,1092017Assets 2018: $67,931Liabilities 2018: $0Net Assets 2018: $67,9312018Assets 2019: $102,974Liabilities 2019: $0Net Assets 2019: $102,9742019Assets 2020: $95,357Liabilities 2020: $0Net Assets 2020: $95,3572020Assets 2021: $97,134Liabilities 2021: $0Net Assets 2021: $97,1342021Assets 2022: $120,135Liabilities 2022: $0Net Assets 2022: $120,1352022Assets 2023: $126,278Liabilities 2023: $0Net Assets 2023: $126,2782023Assets 2024: $123,619Net Assets 2024: $123,6192024

Highlighted filing

2024

Assets$123,619
Liabilities-
Net Assets$123,619
Open 2024 Filing

Operations Trend

Revenue Growth20th percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

$60K$40K$20K$0-$20KRevenue 2017: $37,508Expenses 2017: $8,399Net Income 2017: $29,1092017Revenue 2018: $46,342Expenses 2018: $7,520Net Income 2018: $38,8222018Revenue 2019: $45,789Expenses 2019: $10,746Net Income 2019: $35,0432019Revenue 2020: $8,115Expenses 2020: $15,732Net Income 2020: -$7,6172020Revenue 2021: $22,666Expenses 2021: $20,889Net Income 2021: $1,7772021Revenue 2022: $38,662Expenses 2022: $15,661Net Income 2022: $23,0012022Revenue 2023: $21,819Expenses 2023: $15,676Net Income 2023: $6,1432023Revenue 2024: $13,088Expenses 2024: $15,747Net Income 2024: -$2,6592024

Highlighted filing

2024

Revenue$13,088
Expenses$15,747
Net Income-$2,659
Open 2024 Filing

Filings

Most recent year

2024 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$123,619
Liabilities
-
Net assets
$123,619
Revenue
$13,088
Expenses
$15,747
Net income
-$2,659
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$1.24$1.24$0.13$0.16$0.03
2023Detailed filing. Detailed filing data is available for this year.$1.26$0.00$1.26$0.22$0.16$0.06
2022Detailed filing. Detailed filing data is available for this year.$1.20$0.00$1.20$0.39$0.16$0.23
2021Detailed filing. Detailed filing data is available for this year.$0.97$0.00$0.97$0.23$0.21$0.02
2020Detailed filing. Detailed filing data is available for this year.$0.95$0.00$0.95$0.08$0.16$0.08
2019Detailed filing. Detailed filing data is available for this year.$1.03$0.00$1.03$0.46$0.11$0.35
2018Detailed filing. Detailed filing data is available for this year.$0.68$0.00$0.68$0.46$0.08$0.39
2017Detailed filing. Detailed filing data is available for this year.$0.29$0.00$0.29$0.38$0.08$0.29
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Nov 3, 2025
Return Version
2024v5.2
Gross Receipts
$38,817
Mission and Program Overview

Mission

The foundation's sole activity is the awarding of scholarships to undergraduate and graduate university students of high academic distinction. This is based on the belief that investing in today's youth will help to ensure that students strive to achieve thier goals and to develop into leaders of tomorrow. The scholarships are awarded to the students in the university of california, berkeley and san francisco state university.

Program Services

DescriptionGrantsExpenses
THE FOUNDATION'S SOLE ACTIVITY IS THE AWARDING OF SCHOLARSHIPS TO UNDERGRADUATE AND GRADUATE UNIVERSITY STUDENTS OF HIGH ACADEMIC DISTINCTION. THIS IS BASED ON THE BELIEF THAT INVESTING IN TODAY'S YOUTH WILL HELP TO ENSURE THAT STUDENTS STRIVE TO ACHIEVE THIER GOALS AND TO DEVELOP INTO LEADERS OF TOMORROW. THE SCHOLARSHIPS ARE AWARDED TO THE STUDENTS IN THE UNIVERSITY OF CALIFORNIA, BERKELEY, SAN FRANCISCO STATE UNIVERSITY, AND SAN JOSE STATE UNIVERSITY.-$15,000
Compensation and Service Providers
Top Officer Pay84th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
KORY LAMChairwoman-$0--
ANNE MAKBoard Member-$0--
GARRY WONGBoard Member-$0--
Fundraising, Events, and Gaming

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Golf Tournament$38,817$38,817$25,729$13,088
Total Events$38,817$38,817$25,729$13,088
Filing and Contact Details

Filer

Filer Name
Hkanc Scholarship Foundation
EIN
82-1256009
Phone
4153984506
Address
PO BOX 374, San Francisco, CA 94104

Signing Officer

Name
Kory Lam
Title
Chairwoman
Signed
2025-11-03
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

Grants and Similar Amounts Paid In Excess of $5,000.4

“Class of Activity: EDUCATION | Donee's Name: UNIVERSITY OF CALIFORNIA, BERKELEY | Donee's Address: 101 SPROUL HALL BERKELEY CA 94720 | Relationship of Donee: NONE | Cash Amount Given: $9000”

Other Expenses.1012

“Insurance $641”

Raw XML Appendix152 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/InfoInScheduleOPartIInd0X
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IRS990EZ/MadeLoansToFromOfficersInd0false
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IRS990EZ/OperateHospitalInd0false
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IRS990EZ/OrganizationDissolvedEtcInd0false
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IRS990EZ/PoliticalCampaignActyInd0false
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IRS990EZ/PrintingPublicationsPostageAmt081
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IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt015000
IRS990EZ/ProhibitedTaxShelterTransInd0false
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IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd0false
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IRS990EZ/SpecialEventsNetIncomeLossAmt013088
IRS990EZ/StatesWhereCopyOfReturnIsFldCd0CA
IRS990EZ/SubjectToProxyTaxInd0false
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IRS990EZ/TaxImposedOnOrganizationMgrAmt00
IRS990EZ/TaxImposedUnderIRC4911Amt00
IRS990EZ/TaxImposedUnderIRC4912Amt00
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IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0www.hkanc.com
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
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IRS990ScheduleA/NetIncomeFromOtherUBIGrp/TotalAmt00
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IRS990ScheduleA/Post1975UBTIGrp/TotalAmt00
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Class of Activity: EDUCATION | Donee's Name: UNIVERSITY OF CALIFORNIA, BERKELEY | Donee's Address: 101 SPROUL HALL BERKELEY CA 94720 | Relationship of Donee: NONE | Cash Amount Given: $9000
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Insurance $641
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Grants and Similar Amounts Paid In Excess of $5,000.4
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Other Expenses.1012
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0KORY LAM
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0CHAIRWOMAN
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-11-03
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ReturnHeader/Filer/EIN0821256009
ReturnHeader/Filer/PhoneNum04153984506
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ReturnHeader/Filer/USAddress/ZIPCd094104
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ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0204014608
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ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0SAN MATEO
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0CA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd094404
ReturnHeader/PreparerPersonGrp/PhoneNum06502869966
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Oliver Laiming Ko
ReturnHeader/ReturnTs02025-11-03T11:12:46-08:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02024-01-01
ReturnHeader/TaxPeriodEndDt02024-12-31
ReturnHeader/TaxYr02024

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