The@bob Hong Foundation is a 501(c)(3) organization based in Pensacola, Florida, registered in 2000, with $25,216 in FY2024 revenue. CharityIndex grades it F.
Revenue (FY2024)
$25K
▼ 88.6% vs prior year
Philanthropy median: $168K
Expenses (FY2024)
$164K
Net assets
$2.4M
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 The@bob Hong 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 The@bob Hong Foundation: 175 mo reserves · -549% margin earns a F 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 The@bob Hong 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 The@bob Hong Foundation: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Revenue grew from $3,766 (FY2020) to $25K (FY2024) across 5 reported years.
Financial snapshot
Operating margin
-549.3%
Spent more than it raised in the latest fiscal year.
Total assets
$2.4M
Total liabilities
$0
Net assets
$2.4M
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $25,216▼88.6% | $163,729▲14.5% | $2,381,608▼5.3% | $2,381,608▼5.3% | 990PF |
| 2023 | $220,567▲92.9% | $142,947▲34.9% | $2,515,768▲3.0% | $2,515,768▲3.0% | 990PF |
| 2022 | $114,349▼93.4% | $105,983▲39.7% | $2,442,918▲0.3% | $2,442,918▲0.3% | 990PF |
| 2021 | $1,723,142▲45655% | $75,842▲17.8% | $2,435,038▲211% | $2,435,038▲211% | 990PF |
| 2020 | $3,766 | $64,382 | $782,802 | $782,802 | 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 The@bob Hong Foundation (EIN 04-6911786) 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.