Hmong Southeast Puav Pheej Inc

Hickory, NC | https://www.hmongsoutheastpuavpheej.org

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GuideStar Charity Check

EIN: 56-2194737

Contributions tax deductible
as of May 2023

IRS BMF 509(a)(2)
as of May 08, 2023

View summary

Charity Check report

Mission

PROMOTE AND PRESERVE HMONG CULTURE

Ruling year info

2000

Principal Officer

Mrs Mai Bee Vue Lor

Main address

PO Box 1529

Hickory, NC 28603 USA

Show more contact info

EIN

56-2194737

Subject area info

Cultural awareness

Population served info

People of Southeast Asian descent

NTEE code info

Cultural, Ethnic Awareness (A23)

IRS subsection

501(c)(3) Public Charity

IRS filing requirement

This organization is required to file an IRS Form 990 or 990-EZ.

Tax forms

Show Forms 990

Communication

Programs and results

What we aim to solve

This profile needs more info.

If it is your nonprofit, add a problem overview.

Our programs

SOURCE: Self-reported by organization

What are the organization's current programs, how do they measure success, and who do the programs serve?

Hmong New Year

The celebrations usually last up to 10 days and occur during November or December. Hmong New Year is an important cultural holiday celebrated by the Hmong community. It typically takes place in November or December, and is a time for families to come together and celebrate their culture and heritage.

Where we work

External reviews

Financials

Hmong Southeast Puav Pheej Inc

Fiscal year: Jan 01 - Dec 31

Revenue vs. expenses: breakdown

SOURCE: IRS Form 990

NET GAIN/LOSS: in

Note: When component data are not available, the graph displays the total Revenue and/or Expense values.

Liquidity in 2021

SOURCE: IRS Form 990

0.69

Average of 0.07 over 10 years

Months of cash in 2021

SOURCE: IRS Form 990

6.4

Average of 1.5 over 10 years

Fringe rate in 2021

SOURCE: IRS Form 990

0%

Average of 0% over 10 years

Funding sources

Source: IRS Form 990

Assets & liabilities

Source: IRS Form 990

Financial data

Source: IRS Form 990

Digitizing IRS form 990 data

Hmong Southeast Puav Pheej Inc

Revenue & expenses

Fiscal Year: Jan 01 - Dec 31

SOURCE: IRS Form 990

Fiscal year ending: Download Data

Revenue
Contributions	$1,300
Program Services	$0
Investments	$0
Special Events	$59,578
Sales	$0
Other	$0
Total Revenue	$60,878

Expenses
Grants	$0
Salaries & Employee Benefits	$0
Professional Fees	$0
Occupancy	$20,097
Printing, Publications, Postage, etc.	$3,283
Other Expenses	$26,816
Total Expenses	$50,194
Net Gain/Loss	$10,684

Revenue
Contributions	$7,625
Program Services	$139,255
Investments	$0
Special Events	$7,379
Sales	$0
Other	$0
Total Revenue	$154,259

Expenses
Grants	$0
Salaries & Employee Benefits	$0
Professional Fees	$0
Occupancy	$51,257
Printing, Publications, Postage, etc.	$3,993
Other Expenses	$83,068
Total Expenses	$138,321
Net Gain/Loss	$15,938

Revenue
Contributions	$2,320
Program Services	$169,045
Investments	$0
Special Events	$510
Sales	$0
Other	$0
Total Revenue	$171,875

Expenses
Grants	$0
Salaries & Employee Benefits	$0
Professional Fees	$0
Occupancy	$51,816
Printing, Publications, Postage, etc.	$6,038
Other Expenses	$75,767
Total Expenses	$133,621
Net Gain/Loss	$38,254

Revenue
Contributions	$165
Government Grants	$0
Program Services	$275,793
Investments	$0
Special Events	$0
Sales	$0
Other	$320
Total Revenue	$276,278

Expenses
Program Services	$188,109
Administration	$0
Fundraising	$0
Total Expenses	$293,920
Net Gain/Loss	($17,642)

Functional expenses
Accounting Fees	$0
Advertising & Promotion	$0
Information Technology Expenses	$0
Insurance Expenses	$0
Interest Expenses	$0
Investment Management Fees	$0
Legal Fees	$0
Pension Plan Contributions	$0
Professional Fundraising Expenses	$0

Revenue
Contributions	$0
Government Grants	$0
Program Services	$235,418
Investments	$0
Special Events	$0
Sales	$0
Other	$0
Total Revenue	$235,418

Expenses
Program Services	$304,039
Administration	$0
Fundraising	$0
Total Expenses	$315,024
Net Gain/Loss	($79,606)

Functional expenses
Accounting Fees	$0
Advertising & Promotion	$0
Information Technology Expenses	$0
Insurance Expenses	$0
Interest Expenses	$0
Investment Management Fees	$0
Legal Fees	$0
Pension Plan Contributions	$0
Professional Fundraising Expenses	$0

Revenue
Contributions	$0
Program Services	$11,750
Investments	$0
Special Events	$0
Sales	$0
Other	$0
Total Revenue	$11,750

Expenses
Grants	$0
Salaries & Employee Benefits	$0
Professional Fees	$0
Occupancy	$33,980
Printing, Publications, Postage, etc.	$8,106
Other Expenses	$14,899
Total Expenses	$56,985
Net Gain/Loss	($45,235)

Revenue
Contributions	$9,485
Government Grants	$0
Program Services	$126,779
Investments	$0
Special Events	$0
Sales	$0
Other	$0
Total Revenue	$136,264

Expenses
Program Services	$61,754
Administration	$32,031
Fundraising	$0
Total Expenses	$93,785
Net Gain/Loss	$42,479

Functional expenses
Accounting Fees	$1,845
Advertising & Promotion	$0
Information Technology Expenses	$0
Insurance Expenses	$0
Interest Expenses	$0
Investment Management Fees	$0
Legal Fees	$0
Pension Plan Contributions	$0
Professional Fundraising Expenses	$0

Hmong Southeast Puav Pheej Inc

Balance sheet

Fiscal Year: Jan 01 - Dec 31

SOURCE: IRS Form 990

The balance sheet gives a snapshot of the financial health of an organization at a particular point in time. An organization's total assets should generally exceed its total liabilities, or it cannot survive long, but the types of assets and liabilities must also be considered. For instance, an organization's current assets (cash, receivables, securities, etc.) should be sufficient to cover its current liabilities (payables, deferred revenue, current year loan, and note payments). Otherwise, the organization may face solvency problems. On the other hand, an organization whose cash and equivalents greatly exceed its current liabilities might not be putting its money to best use.

Fiscal year ending: Download Data

Assets	Jan 01, 2008	Dec 31, 2008	Change
Contributions	$1,300
Cash & Equivalents	$29,639	$40,323	$10,684
Fixed Assets (LBE - Depreciation)	$130,000	$180,000	$50,000
Other	$0	$0	$0
Total Assets	$159,639	$220,323	$60,684

Liabilities	Jan 01, 2008	Dec 31, 2008	Change
Total Liabilities	$63,042	$38,500	($24,542)

Fund balance	Jan 01, 2008	Dec 31, 2008	Change
Net Assets	$96,597	$181,823	$85,226

Assets	Jan 01, 2016	Dec 31, 2016	Change
Contributions	$7,625
Cash & Equivalents	$105,002	$120,940	$15,938
Fixed Assets (LBE - Depreciation)	$155,000	$155,000	$0
Other	$51,790	$51,790	$0
Total Assets	$311,792	$327,730	$15,938

Liabilities	Jan 01, 2016	Dec 31, 2016	Change
Total Liabilities	$0	$0	$0

Fund balance	Jan 01, 2016	Dec 31, 2016	Change
Net Assets	$311,792	$327,730	$15,938

Assets	Jan 01, 2017	Dec 31, 2017	Change
Contributions	$2,320
Cash & Equivalents	$120,940	$159,194	$38,254
Fixed Assets (LBE - Depreciation)	$155,000	$153,600	($1,400)
Other	$51,790	$51,790	$0
Total Assets	$327,730	$364,584	$36,854

Liabilities	Jan 01, 2017	Dec 31, 2017	Change
Total Liabilities	$0	$0	$0

Fund balance	Jan 01, 2017	Dec 31, 2017	Change
Net Assets	$327,730	$364,584	$36,854

Assets	Jan 01, 2018	Dec 31, 2018	Change
Contributions	$165
Cash & Equivalents	$159,194	$141,552	($17,642)
Accounts Receivable	$0	$0	$0
Pledges & Grants Receivable	$0	$0	$0
Receivable, Other	$0	$0	$0
Inventories for Sale or Use	$0	$0	$0
Investment, Securities	$0	$0	$0
Investment, Other	$0	$0	$0
Fixed Assets (LBE - Depreciation)	$205,390	$205,390	$0
Other	$0	$0	$0
Total Assets	$364,584	$346,942	($17,642)

Liabilities	Jan 01, 2018	Dec 31, 2018	Change
Accounts Payable	$0	$0	$0
Grants Payable	$0	$0	$0
Deferred Revenue	$0	$0	$0
Loans and Notes	$0	$0	$0
Tax-Exempt Bond Liabilities	$0	$0	$0
Other	$0	$0	$0
Total Liabilities	$0	$0	$0

Fund balance	Jan 01, 2018	Dec 31, 2018	Change
Temporarily Restricted Net Assets	$0	$0	$0
Permanently Restricted Net Assets	$0	$0	$0
Total Restricted Net Assets	$0	$0	$0
Unrestricted Net Assets	$0	$0	$0
Net Assets	$364,584	$346,942	($17,642)

Assets	Jan 01, 2019	Dec 31, 2019	Change
Contributions	$0
Cash & Equivalents	$141,552	$61,945	($79,607)
Accounts Receivable	$0	$0	$0
Pledges & Grants Receivable	$0	$0	$0
Receivable, Other	$0	$0	$0
Inventories for Sale or Use	$0	$0	$0
Investment, Securities	$0	$0	$0
Investment, Other	$0	$0	$0
Fixed Assets (LBE - Depreciation)	$205,390	$298,800	$93,410
Other	$0	$0	$0
Total Assets	$346,942	$360,745	$13,803

Liabilities	Jan 01, 2019	Dec 31, 2019	Change
Accounts Payable	$0	$0	$0
Grants Payable	$0	$0	$0
Deferred Revenue	$0	$0	$0
Loans and Notes	$0	$0	$0
Tax-Exempt Bond Liabilities	$0	$0	$0
Other	$0	$0	$0
Total Liabilities	$0	$0	$0

Fund balance	Jan 01, 2019	Dec 31, 2019	Change
Temporarily Restricted Net Assets	N/A	N/A	N/A
Permanently Restricted Net Assets	N/A	N/A	N/A
Total Restricted Net Assets	$0	$0	$0
Unrestricted Net Assets	$0	$0	$0
Net Assets	$346,942	$360,745	$13,803

Assets	Jan 01, 2020	Dec 31, 2020	Change
Contributions	$0
Cash & Equivalents	$61,945	$16,710	($45,235)
Fixed Assets (LBE - Depreciation)	$298,800	$298,800	$0
Other	$0	$0	$0
Total Assets	$360,745	$315,510	($45,235)

Liabilities	Jan 01, 2020	Dec 31, 2020	Change
Total Liabilities	$0	$81,844	$81,844

Fund balance	Jan 01, 2020	Dec 31, 2020	Change
Net Assets	$360,745	$233,666	($127,079)

Assets	Jan 01, 2021	Dec 31, 2021	Change
Contributions	$9,485
Cash & Equivalents	$16,710	$50,027	$33,317
Accounts Receivable	$0	$0	$0
Pledges & Grants Receivable	$0	$0	$0
Receivable, Other	$0	$0	$0
Inventories for Sale or Use	$0	$0	$0
Investment, Securities	$0	$0	$0
Investment, Other	$0	$0	$0
Fixed Assets (LBE - Depreciation)	$298,800	$298,800	$0
Other	$0	$0	$0
Total Assets	$315,510	$348,827	$33,317

Liabilities	Jan 01, 2021	Dec 31, 2021	Change
Accounts Payable	$0	$0	$0
Grants Payable	$0	$0	$0
Deferred Revenue	$0	$0	$0
Loans and Notes	$81,844	$72,682	($9,162)
Tax-Exempt Bond Liabilities	$0	$0	$0
Other	$0	$0	$0
Total Liabilities	$81,844	$72,682	($9,162)

Fund balance	Jan 01, 2021	Dec 31, 2021	Change
Temporarily Restricted Net Assets	N/A	N/A	N/A
Permanently Restricted Net Assets	N/A	N/A	N/A
Total Restricted Net Assets	$0	$0	$0
Unrestricted Net Assets	$0	$0	$0
Net Assets	$233,666	$276,145	$42,479

Hmong Southeast Puav Pheej Inc

Financial trends analysis Glossary & formula definitions

Fiscal Year: Jan 01 - Dec 31

SOURCE: IRS Form 990

This snapshot of Hmong Southeast Puav Pheej Inc’s financial trends applies Nonprofit Finance Fund® analysis to data hosted by GuideStar. While it highlights the data that matter most, remember that context is key – numbers only tell part of any story.

Created in partnership with

Fiscal year: Jan 01 - Dec 31 View full report Download data

Business model indicators

Profitability	2018	2019	2021
Unrestricted surplus (deficit) before depreciation	-$17,642	$13,803	$42,479
As % of expenses	-6.0%	4.4%	45.3%
Unrestricted surplus (deficit) after depreciation	-$17,642	$13,803	$42,479
As % of expenses	-6.0%	4.4%	45.3%

Revenue composition
Total revenue (unrestricted & restricted)	$276,278	$235,418	$136,264
Total revenue, % change over prior year	0.0%	-14.8%	0.0%
Program services revenue	99.8%	100.0%	93.0%
Membership dues	0.0%	0.0%	0.0%
Investment income	0.0%	0.0%	0.0%
Government grants	0.0%	0.0%	0.0%
All other grants and contributions	0.1%	0.0%	7.0%
Other revenue	0.1%	0.0%	0.0%

Expense composition
Total expenses before depreciation	$293,920	$315,024	$93,785
Total expenses, % change over prior year	0.0%	7.2%	0.0%
Personnel	0.0%	0.0%	0.0%
Professional fees	0.0%	0.0%	14.8%
Occupancy	1.8%	1.5%	13.0%
Interest	0.0%	0.0%	0.0%
Pass-through	13.9%	3.2%	0.0%
All other expenses	84.3%	78.4%	72.3%

Full cost components (estimated)	2018	2019	2021
Total expenses (after depreciation)	$293,920	$315,024	$93,785
One month of savings	$24,493	$26,252	$7,815
Debt principal payment	$0	$0	$9,162
Fixed asset additions	$0	$93,410	$0
Total full costs (estimated)	$318,413	$434,686	$110,762

Capital structure indicators

Liquidity	2018	2019	2021
Months of cash	5.8	2.4	6.4
Months of cash and investments	5.8	2.4	6.4
Months of estimated liquid unrestricted net assets	5.8	2.4	6.4

Balance sheet composition	2018	2019	2021
Cash	$141,552	$61,945	$50,027
Investments	$0	$0	$0
Receivables	$0	$0	$0
Gross land, buildings, equipment (LBE)	$205,390	$298,800	$298,800
Accumulated depreciation (as a % of LBE)	0.0%	0.0%	0.0%
Liabilities (as a % of assets)	0.0%	0.0%	20.8%
Unrestricted net assets	$0	$0	$0
Temporarily restricted net assets	$0	N/A	N/A
Permanently restricted net assets	$0	N/A	N/A
Total restricted net assets	$0	$0	$0
Total net assets	$346,942	$360,745	$276,145

Key data checks

Key data checks	2018	2019	2021
Material data errors	No	Yes	No

Operations

The people, governance practices, and partners that make the organization tick.

Documents

Letter of Determination is not available for this organization

Form 1023/1024 is not available for this organization

Principal Officer

Mrs Mai Bee Vue Lor

Number of employees

Source: IRS Form 990

Hmong Southeast Puav Pheej Inc

Officers, directors, trustees, and key employees

SOURCE: IRS Form 990

Compensation

Other

Show data for fiscal year

Compensation data

Download up to 5 most recent years of officer and director compensation data for this organization

There are no highest paid employees recorded for this organization.

This organization has no recorded board members.

Board leadership practices

SOURCE: Self-reported by organization

GuideStar worked with BoardSource, the national leader in nonprofit board leadership and governance, to create this section.

Board orientation and education
Does the board conduct a formal orientation for new board members and require all board members to sign a written agreement regarding their roles, responsibilities, and expectations? Yes
CEO oversight
Has the board conducted a formal, written assessment of the chief executive within the past year ? Not applicable
Ethics and transparency
Have the board and senior staff reviewed the conflict-of-interest policy and completed and signed disclosure statements in the past year? Yes
Board composition
Does the board ensure an inclusive board member recruitment process that results in diversity of thought and leadership? Yes
Board performance
Has the board conducted a formal, written self-assessment of its performance within the past three years? Not applicable

Organizational demographics

SOURCE: Self-reported; last updated 2/21/2023

Candid has made improvements to the race and ethnicity options.

Who works and leads organizations that serve our diverse communities? Candid partnered with CHANGE Philanthropy on this demographic section.

Leadership

The organization's leader identifies as:

Race & ethnicity

Asian/Asian American

Gender identity

Female, Not transgender (cisgender)

Sexual orientation

Heterosexual or straight

Disability status

Person without a disability

Race & ethnicity

No data

Gender identity

No data

Sexual orientation

No data

Disability

No data

Hmong Southeast Puav Pheej Inc

Mission

Is this your nonprofit?

Programs and results

What we aim to solve

This profile needs more info.

Our programs

Hmong New Year

Where we work

Financials

Revenue vs. expenses: breakdown

Liquidity in 2021 info

0.69

Months of cash in 2021 info

6.4

Fringe rate in 2021 info

0%

Funding sources info

Assets & liabilities info

Financial data

Digitizing IRS form 990 data

Hmong Southeast Puav Pheej Inc

Hmong Southeast Puav Pheej Inc

Hmong Southeast Puav Pheej Inc

Business model indicators

Capital structure indicators

Key data checks

Operations

Documents

Principal Officer

Mrs Mai Bee Vue Lor

Number of employees

Hmong Southeast Puav Pheej Inc

Compensation data

Board leadership practices

Board orientation and education

CEO oversight

Ethics and transparency

Board composition

Board performance

Organizational demographics

Leadership

Race & ethnicity

Gender identity

Sexual orientation

Disability

Liquidity in 2021

Months of cash in 2021

Fringe rate in 2021

Funding sources

Assets & liabilities