Civic Intelligence

Hkanc Scholarship Foundation

990EZ • Fiscal year 2017 • EIN 82-1256009

Jan 01, 2017 to Dec 31, 2017 • Filed on Nov 15, 2018

Organization Profilewww.hkanc.com
130 Montgomery StreetSan Francisco, CA 94104

(415) 398-4506

Siviq Scores

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

Liabilities / Assets

56th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Liabilities / Revenue

56th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Net Margin

96th percentile

78%

Higher net margin than 96% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Top Officer Pay

76th percentile

$0

Higher top officer pay than 76% of similar nonprofits.

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

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Asset Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2017

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2017

Balance Sheet
Liabilities / Assets56th percentile

Assets

$29,109

No earlier filing loaded for comparison.

Net Assets

$29,109

No earlier filing loaded for comparison.

Liabilities

$0

No earlier filing loaded for comparison.

Revenue And Expenses
Liabilities / Revenue56th percentileNet Margin96th percentile

Revenue

$37,508

No earlier filing loaded for comparison.

Expenses

$8,399

No earlier filing loaded for comparison.

Net Income

$29,109

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

Asset GrowthScore unavailable

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

$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

2017

Assets$29,109
Liabilities$0
Net Assets$29,109
Open 2017 Filing

Operations Trend

Revenue GrowthScore unavailable

Revenue, expenses, and net income across loaded years, with this 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

2017

Revenue$37,508
Expenses$8,399
Net Income$29,109
Open 2017 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2017 to Dec 31, 2017
Signed
Nov 15, 2018
Return Version
2017v2.2
Gross Receipts
$84,320
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 AND SAN FRANCISCO STATE UNIVERSITY.$7,500$7,500
Compensation and Service Providers
Top Officer Pay76th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
RUTH MAChairman-$0--
HARRIET LEUNGTreasurer-$0--
WILSON LAUVice Chairman-$0--
SUSANNA KWANExecutive DirectorPT$0--
RENE MORENOSecretary-$0--
Fundraising, Events, and Gaming

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Golf Tournament$84,320$84,320$46,812$37,508
Total Events$84,320$84,320$46,812$37,508
Filing and Contact Details

Filer

Filer Name
Hkanc Scholarship Foundation
EIN
82-1256009
Phone
4153984506
Address
130 Montgomery Street, San Francisco, CA 94104

Signing Officer

Name
Susanna Kwan
Title
Executive Director
Signed
2018-11-15
Discuss with paid preparer
Yes

Preparer

Firm
Fong Ko & Associates Llp
Address
1510 FASHION ISLAND BLVD STE 200, SAN MATEO, CA 94404-1596
Preparer
Oliver Laiming Ko
Phone
6502869966
Supplemental Narrative

Additional Explanations

Grants and Similar Amounts Paid In Excess of $5,000.1

“Class of Activity: Education | Donee's Name: SAN FRANCISCO STATE UNIVERSITY | Donee's Address: 1600 HOLLOWAY AVENUE SAN FRANCISCO CA 94132 | Relationship of Donee: NONE | Cash Amount Given: $7500”

Other Expenses.1

“TAXES & LICENSES $875”

Other Expenses.2

“BANK CHARGES $24”

Raw XML Appendix139 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/OfficerDirectorTrusteeEmplGrp/TitleTxt4Secretary
IRS990EZ/OperateHospitalInd0false
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IRS990EZ/OrganizationDissolvedEtcInd0false
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IRS990EZ/OtherExpensesTotalAmt0899
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IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
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IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt07500
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IRS990EZ/ProhibitedTaxShelterTransInd0false
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ReturnHeader/Filer/EIN0821256009
ReturnHeader/Filer/PhoneNum04153984506
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ReturnHeader/Filer/USAddress/StateAbbreviationCd0CA
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ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0SAN MATEO
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0CA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0944041596
ReturnHeader/PreparerPersonGrp/PhoneNum06502869966
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Oliver Laiming Ko
ReturnHeader/ReturnTs02018-11-15T17:33:50-08:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02017-01-01
ReturnHeader/TaxPeriodEndDt02017-12-31
ReturnHeader/TaxYr02017

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2017 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$29,109
Liabilities
$0
Net assets
$29,109
Revenue
$37,508
Expenses
$8,399
Net income
$29,109
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