Leonard And Margaret Fong Charitable Foundation
EIN: 473241348 · Honolulu, HI · NTEE: T22
| Metric | Value |
|---|---|
| Total Revenue | $1 |
| Net Assets | $0 |
Is Leonard And Margaret Fong Charitable Foundation Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Leonard And Margaret Fong Charitable Foundation
Leonard And Margaret Fong Charitable Foundation (EIN: 473241348) is a nonprofit organization based in Honolulu, HI, classified under NTEE code T22. The organization reported total revenue of $1 and total assets of $1 according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Leonard And Margaret Fong Charitable Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Leonard And Margaret Fong Charitable Foundation is a micro nonprofit that has been operating for 2 years.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1 |
| Total Expenses | $0 |
| Surplus / Deficit | +$1 |
| Total Assets | $1 |
| Total Liabilities | $1 |
| Net Assets | $0 |
| Operating Margin | 100.0% |
| Debt-to-Asset Ratio | 100.0% |
Financial Health Grade: B
In 2023, Leonard And Margaret Fong Charitable Foundation reported a surplus of $1 with revenue exceeding expenses, has a debt-to-asset ratio of 100.0% (high leverage).
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2024 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Leonard And Margaret Fong Charitable Foundation 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 Leonard And Margaret Fong Charitable Foundation 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 (2023)
From the most recent IRS 990 filing on record:
- Debt-to-asset ratio: 100.0%.
Frequently Asked Questions about Leonard And Margaret Fong Charitable Foundation
Is Leonard And Margaret Fong Charitable Foundation a legitimate charity?
Leonard And Margaret Fong Charitable Foundation (EIN: 473241348) is a registered tax-exempt nonprofit based in Hawaii. Total revenue: $1. No red flags identified. Financial health grade: B.
How does Leonard And Margaret Fong Charitable Foundation spend its money?
Leonard And Margaret Fong Charitable Foundation reported $1 in total revenue in IRS 990 filings. 1 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Leonard And Margaret Fong Charitable Foundation tax-deductible?
Leonard And Margaret Fong Charitable Foundation is registered as a tax-exempt nonprofit (EIN: 473241348). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Leonard And Margaret Fong Charitable Foundation located?
Leonard And Margaret Fong Charitable Foundation is headquartered in Honolulu, Hawaii and files with the IRS under EIN 473241348. It is classified under NTEE code T22.
Filing History
IRS 990 filing history for Leonard And Margaret Fong Charitable Foundation showing financial trends over 1 year of public records:
The organization holds $1 in liabilities against $1 in assets (debt-to-asset ratio: 100.0%), resulting in net assets of $0.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1 | $0 | $1 | $1 | — | — |
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Leonard And Margaret Fong Charitable Foundation:
Data Sources and Methodology
This transparency report for Leonard And Margaret Fong Charitable Foundation 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.