Han & Kong Foundation is a 501(c)(3) organization based in Milpitas, California, registered in 2005, with $120,093 in FY2024 revenue. CharityIndex grades it C+.
Revenue (FY2024)
$120K
▲ 236.8% vs prior year
Philanthropy median: $168K
Expenses (FY2024)
$47K
Net assets
$803K
Employees
—
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Han & Kong Foundation— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Han & Kong Foundation: 206 mo reserves · +61% margin earns a B+ on this criterion. See the exact thresholds →
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Han & Kong Foundation— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Han & Kong Foundation: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Revenue grew from $22K (FY2013) to $120K (FY2024) across 8 reported years.
Financial snapshot
Operating margin
61.0%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$831K
Total liabilities
$28K
Net assets
$803K
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $120,093▲237% | $46,838▲5.6% | $802,757▲12.4% | $830,908▲14.5% | 990PF |
| 2023 | $35,662▼36.1% | $44,351▲46.9% | $714,264▲4.5% | $725,539▲3.1% | 990PF |
| 2022 | $55,790▼82.3% | $30,187▲219% | $683,413▲8.6% | $703,557▲10.3% | 990PF |
| 2021 | $314,615▲47.9% | $9,455▼10.7% | $629,515▲83.6% | $637,893▲86.0% | 990PF |
| 2020 | $212,692▲1152% | $10,587▲53.6% | $342,942▲113% | $342,942▲113% | 990PF |
| 2015 | -$20,226▼454% | $6,894▼45.6% | $160,940▼14.4% | $160,940▼14.4% | 990PF |
| 2014 | -$3,654▼117% | $12,666▲69.5% | $188,060▼8.0% | $188,061▼8.0% | 990PF |
| 2013 | $21,542 | $7,472▲83.5% | $204,380▲17.6% | $204,381▲16.3% | 990PF |
| 2011 | — | $4,071 | $173,803 | $175,803 | 990PF |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
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Data for Han & Kong Foundation (EIN 20-1994439) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.