Thanh-hoa Project Foundation is a 501(c)(3) organization based in Grand Rapids, Michigan, registered in 2009, with $627,249 in FY2024 revenue. CharityIndex grades it C.
Revenue (FY2024)
$627K
▲ 474.6% vs prior year
Religion median: $139K
Expenses (FY2024)
$611K
Net assets
$69K
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 Thanh-hoa Project 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 Thanh-hoa Project Foundation: 1 mo reserves · +3% margin earns a C+ 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 Thanh-hoa Project 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 Thanh-hoa Project Foundation: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Revenue grew from $177K (FY2021) to $627K (FY2024) across 4 reported years.
Financial snapshot
Operating margin
2.5%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$69K
Total liabilities
$0
Net assets
$69K
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $627,249▲475% | $611,332▲511% | $69,429▲29.7% | $69,429▲29.7% | 990 |
| 2023 | $109,158▲86.1% | $100,069▼31.1% | $53,512▲20.5% | $53,512▲20.5% | 990EZ |
| 2022 | $58,670▼66.9% | $145,234▼28.7% | $44,423▼66.1% | $44,423▼66.1% | 990EZ |
| 2021 | $177,350 | $203,790 | $130,987 | $130,987 | 990EZ |
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.
1 grant to Thanh-hoa Project Foundation totaling $1,500, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| National Christian Charitable Foundation | Christian discipleship | 2015 | $1,500 |
Explore more
Data for Thanh-hoa Project Foundation (EIN 26-4455318) 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.