Hw Global Foundation Inc
- Assets
- $66.6k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Rockville, MD
- Founding
- 08/2014
- Data as of
- 12/2021
- EIN
- 46-4510112
Organization Overview
Hw Global Foundation Inc is located in Rockville, MD. The organization was established in 2014. According to its NTEE Classification (B82) the organization is classified as: Scholarships & Student Financial Aid, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Hw Global Foundation Inc 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, Hw Global Foundation Inc generated $37.1k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (22.1%) each year. All expenses for the organization totaled $27.4k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (24.8%) per year over the past 4 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3
YOUTH TABLE TENNIS DEVELOPMENT PROGRAM SERVING MORE THAN 40 STUDENTS IN 2019, MOSTLY FROM AGE 6 - 18 PROVIDES NEED-BASED AND MERIT-BASED SCHOLARSHIPS ALSO PROVIDE PROFESSIONAL DEVELOPMENT FOR ABOUT 15 COACHES AND ASSISTANTS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Elissa Lin Board Of Director | 0.1 | $0 | |
Barbara Wei Board Of Director | 0.5 | $0 | |
Wen Hsu Director And Treasurer | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $18,189 |
| Total Program Service Revenue | $17,695 |
| Membership dues | $0 |
| Investment income | $873 |
| Gain or Loss | $327 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $37,084 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $4,482 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $58 |
| Total expenses | $27,441 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $66,574 |
| Other assets | $0 |
| Total assets | $66,574 |
| Total liabilities | $0 |
| Net assets or fund balances | $66,574 |