Hing Ng Charit Tr 120693
- Assets
- $488.9k
- Revenue
- $10.6k
- Investments
- $468.9k
- Employees
- 0
- Location
- Del Rey Oaks, CA
- Founding
- 07/1994
- Data as of
- 12/2021
- EIN
- 77-6099760
Organization Overview
Hing Ng Charit Tr 120693 is located in Del Rey Oaks, CA. The organization was established in 1994. According to its NTEE Classification (T22) the organization is classified as: Private Independent Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Hing Ng Charit Tr 120693 is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, Hing Ng Charit Tr 120693 generated $10.6k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (2.0%) each year. All expenses for the organization totaled $14.0k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (11.8%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Hing Ng Charit Tr 120693 has awarded 36 individual grants totaling $117,100. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $10,389 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $156 |
| Capital Gain Net Income | $171 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $77 |
| Total Revenue | $10,622 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $309 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $134 |
| Total operating and administrative expenses | $2,543 |
| Contributions, gifts, grants paid | $11,500 |
| Total expenses and disbursements | $14,043 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $20,030 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $205,537 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $488,923 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Hing Ng Charit Tr 120693 has awarded $27,000 in support to 9 organizations.
| Grant Recipient | Amount |
|---|---|
CHINA TOWN YMCA PURPOSE: CHILDREN | $2,000 |
FRANCISCAN WORKERS PURPOSE: MEALS & BEDS FOR WOMEN | $2,000 |
HELPING HAND OF HARDIN PURPOSE: HOMELESS ASSISTANCE | $2,000 |
ON LOK PURPOSE: SENIORS | $3,000 |
PALMA HIGH SCHOOL PURPOSE: FINANCIAL AID SCHOLARSHIP | $5,000 |
MONTAGE HEALTH FOUNDATION PURPOSE: HEALTHCARE ASSISTANCE | $6,000 |