Hung Tao Choy Mei Leadership Institute
Hung Tao Choy Mei Leadership Institute shows recent financial growth and no reported executive compensation.
EIN: 113679500 · Washington, DC · NTEE: B90 · Updated: 2026-03-28
Is Hung Tao Choy Mei Leadership Institute Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Hung Tao Choy Mei Leadership Institute directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Hung Tao Choy Mei Leadership Institute
Hung Tao Choy Mei Leadership Institute (EIN: 113679500) is a nonprofit organization based in Washington, DC, classified under NTEE code B90. The organization reported total revenue of $193K and total assets of $142K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Hung Tao Choy Mei Leadership Institute's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Hung Tao Choy Mei Leadership Institute is a small nonprofit that has been operating for 23 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 4.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $205K |
| Total Expenses | $173K |
| Surplus / Deficit | +$33K |
| Total Assets | $111K |
| Total Liabilities | $51K |
| Net Assets | $61K |
| Operating Margin | 15.9% |
| Debt-to-Asset Ratio | 45.7% |
| Months of Reserves | 7.7 months |
Financial Health Grade: A
In 2023, Hung Tao Choy Mei Leadership Institute reported a surplus of $33K with revenue exceeding expenses, holds 7.7 months of operating reserves (strong position), has a debt-to-asset ratio of 45.7% (moderate leverage).
Financial Trends
Over 13 years of filings (2011–2023), Hung Tao Choy Mei Leadership Institute's revenue has grown at a compound annual growth rate (CAGR) of 4.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2022 | -100.0% | -100.0% | -100.0% |
| 2021 | -0.3% | +9.1% | +2893.6% |
| 2020 | -14.3% | -23.8% | -89.4% |
| 2019 | -26.8% | -16.6% | -37.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2003 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Hung Tao Choy Mei Leadership Institute with a Mission Score of 85 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Hung Tao Choy Mei Leadership Institute allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $33K, with revenue exceeding expenses.
- Debt-to-asset ratio: 45.7%.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, indicating that no salaries are paid to officers, which is highly unusual for an organization of its size and suggests a volunteer-led or very lean operational model.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Hung Tao Choy Mei Leadership Institute's IRS 990 filings:
- Unexplained zero revenue and expenses in 202212 filing, which could indicate a reporting issue or operational pause.
Strengths
The following positive indicators were identified for Hung Tao Choy Mei Leadership Institute:
- Consistent 0% officer compensation across all filings, indicating high efficiency and dedication to mission.
- Positive financial surplus in the most recent reporting period (202312: Revenue $205,255 vs. Expenses $172,666).
- Significant growth in assets over the past decade, from $3,305 in 201412 to $111,408 in 202312.
- Healthy asset-to-liability ratio, with assets of $111,408 against liabilities of $50,868 in 202312.
Frequently Asked Questions about Hung Tao Choy Mei Leadership Institute
Is Hung Tao Choy Mei Leadership Institute a legitimate charity?
Based on AI analysis of IRS 990 filings, Hung Tao Choy Mei Leadership Institute (EIN: 113679500) some concerns. Mission Score: 85/100. 1 red flag identified, 4 strengths noted.
How does Hung Tao Choy Mei Leadership Institute spend its money?
Hung Tao Choy Mei Leadership Institute directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Hung Tao Choy Mei Leadership Institute tax-deductible?
Hung Tao Choy Mei Leadership Institute is registered as a tax-exempt nonprofit (EIN: 113679500). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is Hung Tao Choy Mei Leadership Institute a good charity?
Based on the available data, the organization appears to be a good charity, particularly due to its consistent reporting of 0% officer compensation, indicating that funds are likely directed towards its programs. Its financial health has also improved in the most recent period, with a surplus of $32,589 in 202312.
What caused the zero revenue and expenses in 202212?
The provided data does not specify the reason for the zero revenue and expenses in the 202212 period. This could indicate a period of inactivity, a reporting anomaly, or a change in filing practices, and would require further investigation of the full 990 form for that year.
How does the organization fund its operations without officer compensation?
The consistent 0% officer compensation suggests that the organization's leadership may be entirely volunteer-based or that compensation is covered through other means not categorized as officer compensation in the summary data. This is a strong indicator of efficiency and dedication to its mission.
What is the trend in the organization's assets?
The organization's assets have shown significant growth, particularly in recent years, from $3,305 in 201412 to $111,408 in 202312, indicating a strengthening financial position and ability to build reserves.
Filing History
IRS 990 filing history for Hung Tao Choy Mei Leadership Institute showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Hung Tao Choy Mei Leadership Institute's revenue has grown by 67.7%, moving from $122K to $205K. Total assets increased by 185.5% over the same period, from $39K to $111K. Total functional expenses rose by 33.8%, from $129K to $173K. In its most recent filing year (2023), Hung Tao Choy Mei Leadership Institute reported a surplus of $33K, with revenue exceeding expenses. The organization holds $51K in liabilities against $111K in assets (debt-to-asset ratio: 45.7%), resulting in net assets of $61K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $205K | $173K | $111K | $51K | — | — |
| 2022 | $0 | $0 | $1 | $0 | — | View 990 |
| 2021 | $78K | $92K | $96K | $19K | — | View 990 |
| 2020 | $78K | $84K | $3K | $5K | — | — |
| 2019 | $91K | $110K | $30K | $20K | — | View 990 |
| 2018 | $124K | $132K | $48K | $4K | — | View 990 |
| 2017 | $58K | $67K | $30K | $4K | — | — |
| 2016 | $133K | $112K | $30K | $4K | — | View 990 |
| 2015 | $113K | $107K | $8K | $17K | — | View 990 |
| 2014 | $112K | $116K | $3K | $15K | — | View 990 |
| 2013 | $122K | $147K | $5K | $12K | — | View 990 |
| 2012 | $150K | $166K | $30K | $12K | — | View 990 |
| 2011 | $122K | $129K | $39K | $5K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $205K, expenses of $173K, and assets of $111K.
- 2022: Revenue of $0, expenses of $0, and assets of $1 (revenue -100.0% year-over-year).
- 2021: Revenue of $78K, expenses of $92K, and assets of $96K (revenue -0.3% year-over-year).
- 2020: Revenue of $78K, expenses of $84K, and assets of $3K (revenue -14.3% year-over-year).
- 2019: Revenue of $91K, expenses of $110K, and assets of $30K (revenue -26.8% year-over-year).
- 2018: Revenue of $124K, expenses of $132K, and assets of $48K (revenue +112.2% year-over-year).
- 2017: Revenue of $58K, expenses of $67K, and assets of $30K (revenue -56.3% year-over-year).
- 2016: Revenue of $133K, expenses of $112K, and assets of $30K (revenue +18.6% year-over-year).
- 2015: Revenue of $113K, expenses of $107K, and assets of $8K (revenue +0.9% year-over-year).
- 2014: Revenue of $112K, expenses of $116K, and assets of $3K (revenue -8.5% year-over-year).
- 2013: Revenue of $122K, expenses of $147K, and assets of $5K (revenue -18.6% year-over-year).
- 2012: Revenue of $150K, expenses of $166K, and assets of $30K (revenue +22.4% year-over-year).
- 2011: Revenue of $122K, expenses of $129K, and assets of $39K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Hung Tao Choy Mei Leadership Institute:
Data Sources and Methodology
This transparency report for Hung Tao Choy Mei Leadership Institute 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.