Hmong American Friendship Association Inc
EIN: 391456011 · Milwaukee, WI · NTEE: P84Z
| Metric | Value |
|---|---|
| Total Revenue | $1.6M |
| Total Expenses | $1.4M |
| Net Assets | $486K |
Is Hmong American Friendship Association Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Hmong American Friendship Association Inc
Hmong American Friendship Association Inc (EIN: 391456011) is a nonprofit organization based in Milwaukee, WI, classified under NTEE code P84Z. The organization reported total revenue of $1.6M and total assets of $657K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Hmong American Friendship Association Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Hmong American Friendship Association Inc is a mid-size nonprofit that has been operating for 41 years, with 14 years of IRS 990 filings on record (2009–2022). Revenue has grown at a compound annual rate of 5.6%.
Key Financial Metrics (2022)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.6M |
| Total Expenses | $1.4M |
| Surplus / Deficit | +$188K |
| Total Assets | $657K |
| Total Liabilities | $170K |
| Net Assets | $486K |
| Operating Margin | 12.1% |
| Debt-to-Asset Ratio | 26.0% |
| Months of Reserves | 5.8 months |
Financial Health Grade: A
In 2022, Hmong American Friendship Association Inc reported a surplus of $188K with revenue exceeding expenses, holds 5.8 months of operating reserves (adequate), has a debt-to-asset ratio of 26.0% (moderate leverage).
Financial Trends
Over 14 years of filings (2009–2022), Hmong American Friendship Association Inc's revenue has grown at a compound annual growth rate (CAGR) of 5.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2022 | +8.4% | +3.6% | +47.6% |
| 2021 | +75.7% | +66.9% | +39.5% |
| 2020 | +77.6% | +75.0% | +54.9% |
| 2019 | +29.1% | +28.1% | -2.7% |
| 2018 | -2.8% | -5.2% | -5.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1985 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Hmong American Friendship Association Inc has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Hmong American Friendship Association Inc with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2022)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $188K, with revenue exceeding expenses.
- Debt-to-asset ratio: 26.0%.
Frequently Asked Questions about Hmong American Friendship Association Inc
Is Hmong American Friendship Association Inc a legitimate charity?
Hmong American Friendship Association Inc (EIN: 391456011) is a registered tax-exempt nonprofit based in Wisconsin. It has 14 years of IRS 990 filings on record. Total revenue: $1.6M. No red flags identified. Financial health grade: A.
How does Hmong American Friendship Association Inc spend its money?
Hmong American Friendship Association Inc reported $1.6M in total revenue in IRS 990 filings. 14 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Hmong American Friendship Association Inc tax-deductible?
Hmong American Friendship Association Inc is registered as a tax-exempt nonprofit (EIN: 391456011). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Hmong American Friendship Association Inc located?
Hmong American Friendship Association Inc is headquartered in Milwaukee, Wisconsin and files with the IRS under EIN 391456011. It is classified under NTEE code P84Z.
How many years of IRS 990 filings does Hmong American Friendship Association Inc have?
Hmong American Friendship Association Inc has 14 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $1.6M in total revenue.
Filing History
IRS 990 filing history for Hmong American Friendship Association Inc showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2009–2022), Hmong American Friendship Association Inc's revenue has grown by 103.1%, moving from $764K to $1.6M. Total assets increased by 5.5% over the same period, from $622K to $657K. Total functional expenses rose by 65.1%, from $826K to $1.4M. In its most recent filing year (2022), Hmong American Friendship Association Inc reported a surplus of $188K, with revenue exceeding expenses. The organization holds $170K in liabilities against $657K in assets (debt-to-asset ratio: 26.0%), resulting in net assets of $486K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2022 | $1.6M | $1.4M | $657K | $170K | — | View 990 |
| 2021 | $1.4M | $1.3M | $445K | $146K | — | View 990 |
| 2020 | $815K | $789K | $319K | $136K | — | View 990 |
| 2019 | $459K | $451K | $206K | $48K | — | View 990 |
| 2018 | $356K | $352K | $212K | $62K | — | View 990 |
| 2017 | $366K | $372K | $223K | $77K | — | View 990 |
| 2016 | $413K | $399K | $268K | $116K | — | View 990 |
| 2015 | $486K | $455K | $306K | $140K | — | View 990 |
| 2014 | $466K | $477K | $255K | $120K | — | View 990 |
| 2013 | $356K | $378K | $286K | $140K | — | View 990 |
| 2012 | $424K | $444K | $306K | $138K | — | View 990 |
| 2011 | $336K | $509K | $322K | $135K | — | View 990 |
| 2010 | $712K | $786K | $502K | $142K | — | View 990 |
| 2009 | $764K | $826K | $622K | $188K | — | View 990 |
Year-by-Year Financial Summary
- 2022: Revenue of $1.6M, expenses of $1.4M, and assets of $657K (revenue +8.4% year-over-year).
- 2021: Revenue of $1.4M, expenses of $1.3M, and assets of $445K (revenue +75.7% year-over-year).
- 2020: Revenue of $815K, expenses of $789K, and assets of $319K (revenue +77.6% year-over-year).
- 2019: Revenue of $459K, expenses of $451K, and assets of $206K (revenue +29.1% year-over-year).
- 2018: Revenue of $356K, expenses of $352K, and assets of $212K (revenue -2.8% year-over-year).
- 2017: Revenue of $366K, expenses of $372K, and assets of $223K (revenue -11.4% year-over-year).
- 2016: Revenue of $413K, expenses of $399K, and assets of $268K (revenue -14.9% year-over-year).
- 2015: Revenue of $486K, expenses of $455K, and assets of $306K (revenue +4.3% year-over-year).
- 2014: Revenue of $466K, expenses of $477K, and assets of $255K (revenue +30.7% year-over-year).
- 2013: Revenue of $356K, expenses of $378K, and assets of $286K (revenue -16.0% year-over-year).
- 2012: Revenue of $424K, expenses of $444K, and assets of $306K (revenue +26.2% year-over-year).
- 2011: Revenue of $336K, expenses of $509K, and assets of $322K (revenue -52.8% year-over-year).
- 2010: Revenue of $712K, expenses of $786K, and assets of $502K (revenue -6.9% year-over-year).
- 2009: Revenue of $764K, expenses of $826K, and assets of $622K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Hmong American Friendship Association Inc:
Data Sources and Methodology
This transparency report for Hmong American Friendship Association Inc is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.