Civic Intelligence

21 Hope Foundation Inc.

990 • Fiscal year 2019 • EIN 84-3277905

Oct 02, 2019 to Dec 31, 2019 • Filed on Sep 09, 2020

Organization Profile
3370 Prince Street Suite 601Flushing, NY 11354

(347) 732-0503

Siviq Scores

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

Liabilities / Assets

17th percentile

0.00x

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

2019 filings • NTEE B • $1M-$5M nonprofits • Source year 2019

Liabilities / Revenue

17th percentile

0.00x

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

2019 filings • NTEE B • $1M-$5M nonprofits • Source year 2019

Net Margin

100th percentile

99%

Higher net margin than 100% of similar nonprofits.

2019 filings • NTEE B • $1M-$5M nonprofits • Source year 2019

Top Officer Pay

34th percentile

$0

Higher top officer pay than 34% of similar nonprofits.

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

2019 filings • NTEE B • $1M-$5M nonprofits • Source year 2019

Asset Growth

Score unavailable

No value available

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

Source year 2019

Revenue Growth

Score unavailable

No value available

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

Source year 2019

Balance Sheet
Liabilities / Assets17th percentile

Assets

$2,188,000

No earlier filing loaded for comparison.

Net Assets

$2,188,000

No earlier filing loaded for comparison.

Liabilities

$0

No earlier filing loaded for comparison.

Revenue And Expenses
Liabilities / Revenue17th percentileNet Margin100th percentile

Revenue

$2,201,000

No earlier filing loaded for comparison.

Expenses

$13,000

No earlier filing loaded for comparison.

Net Income

$2,188,000

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.

$3.0M$2.0M$1.0M$0Assets 2019: $2,188,000Liabilities 2019: $0Net Assets 2019: $2,188,0002019Assets 2020: $2,443,732Liabilities 2020: $62,035Net Assets 2020: $2,381,6972020Assets 2021: $2,643,231Liabilities 2021: $0Net Assets 2021: $2,643,2312021Assets 2022: $2,301,794Liabilities 2022: $0Net Assets 2022: $2,301,7942022Assets 2023: $2,206,624Liabilities 2023: $0Net Assets 2023: $2,206,6242023Assets 2024: $2,133,557Liabilities 2024: $0Net Assets 2024: $2,133,5572024

Highlighted filing

2019

Assets$2,188,000
Liabilities$0
Net Assets$2,188,000
Open 2019 Filing

Operations Trend

Revenue GrowthScore unavailable

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

$3.0M$2.0M$1.0M$0-$1.0MRevenue 2019: $2,201,000Expenses 2019: $13,000Net Income 2019: $2,188,0002019Revenue 2020: $569,473Expenses 2020: $375,776Net Income 2020: $193,6972020Revenue 2021: $560,486Expenses 2021: $298,952Net Income 2021: $261,5342021Revenue 2022: -$147,085Expenses 2022: $194,352Net Income 2022: -$341,4372022Revenue 2023: $142,633Expenses 2023: $237,803Net Income 2023: -$95,1702023Revenue 2024: $175,375Expenses 2024: $248,442Net Income 2024: -$73,0672024

Highlighted filing

2019

Revenue$2,201,000
Expenses$13,000
Net Income$2,188,000
Open 2019 Filing
Jump To
Filing Snapshot
Filing Period
Oct 2, 2019 to Dec 31, 2019
Signed
Sep 9, 2020
Return Version
2019v5.0
Gross Receipts
$2,201,000
Mission and Program Overview

Mission

To support youth, college student, charitable organization and poor neighbors.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts-$2,188,000-
Total Assets$0$2,188,000▲ $2,188,000
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Net Assets Without Donor Restrictions-$2,188,000-
Total Net Assets Fund Balance$0$2,188,000▲ $2,188,000
Total Liabilities and Net Assets / Fund Balance$0$2,188,000▲ $2,188,000
Compensation and Service Providers
Top Officer Pay34th percentile

Board Members and Trustees

NameTitle
Chong Duck ByunChairperson
Revenue and Support

Revenue Composition

Contributions and Grants
$2,201,000
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$0
All Other Contributions
$2,201,000
Change in Net Assets
$2,188,000
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$13,000
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Expenses$10,000--$10,000
Advertising-$2,500-$2,500
Office Expenses-$500-$500
Total Functional Expenses$10,000$3,000$0$13,000
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Backup withholding compliance
No
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 11B

“No review was or will be conducted.”

Form 990, Page 6, Part VI, Line 19

“No documents available to the public”

Filing and Contact Details

Filer

Filer Name
21 Hope Foundation Inc
EIN
84-3277905
Phone
3477320503
Address
3370 PRINCE STREET SUITE 601, FLUSHING, NY 11354

Signing Officer

Name
Chong Duck Byun
Title
Chairperson
Phone
3477320503
Signed
2020-09-09
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Chong Duck Byun
Formed
2019
Legal Domicile
Ny
Voting Board Members
3
Independent Board Members
3
Employees
0
Volunteers
1

Preparer

Firm
Hee Kyung Kim CPA Pc
Address
45-27 SPRINGFIELD BLVD, BAYSIDE, NY 11361-3557
Preparer
Hee Kyung Kim CPA
Phone
7182812264
Supplemental Narrative

Additional Explanations

Form 990, Page 2, Part III, Line 4D

“To support youth, college student, charitable organization and poor neighbors.”

Raw XML Appendix230 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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ReturnHeader/TaxPeriodEndDt02019-12-31
ReturnHeader/TaxYr02019

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

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

Open filing
Assets
$2,188,000
Liabilities
$0
Net assets
$2,188,000
Revenue
$2,201,000
Expenses
$13,000
Net income
$2,188,000
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$2.13$0.00$2.13$0.18$0.25$0.07
2023Detailed filing. Detailed filing data is available for this year.$2.21$0.00$2.21$0.14$0.24$0.10
2022Detailed filing. Detailed filing data is available for this year.$2.30$0.00$2.30$0.15$0.19$0.34
2021Detailed filing. Detailed filing data is available for this year.$2.64$0.00$2.64$0.56$0.30$0.26
2020Detailed filing. Detailed filing data is available for this year.$2.44$0.06$2.38$0.57$0.38$0.19
2019Detailed filing. Detailed filing data is available for this year.$2.19$0.00$2.19$2.20$0.01$2.19