QUINCY, MA
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)QUINCY ASIAN RESOURCES INC, founded in 2001, is a community nonprofit in the Human Services sector that reported $4.1M in total revenue in fiscal year 2024. Expenses of $3.8M left a modest 7% surplus.
QARI'S MISSION IS TO FOSTER AND IMPROVE THE SOCIAL, CULTURAL, ECONOMIC AND CIVIC LIVES OF IMMIGRANTS AND THEIR FAMILIES IN ORDER TO BENEFIT QUINCY AND ITS NEIGHBORING COMMUNITIES. THROUGH COLLABORATIONS AND PARTNERSHIPS, WE PROVIDE CULTURALLY COMPETENT SERVICES, SUCH AS WORKFORCE DEVELOPMENT, ADULT EDUCATION PROGRAMS, YOUTH DEVELOPMENT, AND CULTURAL EVENTS AS WELL AS INFORMATION AND REFERRALS TO PUBLIC OR OTHER COMMUNITY ORGANIZATIONS.
WORKFORCE DEVELOPMENT: QARI SERVES THE IMMIGRANT POPULATION (PRIMARILY ASIANS AND THOSE WITH LOW INCOME) RESIDING IN QUINCY AND THE SURROUNDING SOUTH SHORE. WHEN THE ASIAN POPULATION IN QUINCY BECAME...
WORKFORCE DEVELOPMENT: QARI SERVES THE IMMIGRANT POPULATION (PRIMARILY ASIANS AND THOSE WITH LOW INCOME) RESIDING IN QUINCY AND THE SURROUNDING SOUTH SHORE. WHEN THE ASIAN POPULATION IN QUINCY BECAME THE LARGEST PER CAPITA IN THE STATE OF MA, FOLLOWED BY BOSTON AND MALDEN, THE NEEDS OF OUR SERVICES AND THE ORGANIZATIONAL STRATEGIES TO SUPPORT THE RAPIDLY GROWING POPULATION HAVE ALSO EVOLVED.
FAMILY & COMMUNITY SERVICES: QARI'S FAMILY & COMMNITY SERVICES TEAM PROVIDES INFORMATION AND REFERRAL (I&R) SERVICES TO CLIENTS IN ENGLISH, CANTONESE, MANDARIN, TAISHANESE, FUJIANESE, VIETNAMESE...
FAMILY & COMMUNITY SERVICES: QARI'S FAMILY & COMMNITY SERVICES TEAM PROVIDES INFORMATION AND REFERRAL (I&R) SERVICES TO CLIENTS IN ENGLISH, CANTONESE, MANDARIN, TAISHANESE, FUJIANESE, VIETNAMESE, PORTUGUESE, AND SPANISH TO ASSIST THEM WITH VARIOUS SERVICES ON TOPICS RANGING FROM HOUSING, ELDER SERVICES, HEALTHCARE AND PUBLIC HOUSING TO CHILD CARE, PATHWAYS TO HIGHER EDUCATION, AND CITIZENSHIP ASSISTANCE, CLIENTS RECEIVE ASSISTANCE LOCATING AND COMPLETING FORMS, TRANSLATING DOCUMENTS, AND FINDING RESOURCES.
ADULT EDUCATION PROGRAM: YEAR ROUND, OUR ADULT EDUCATION PROGRAM OFFERS COURSES TO STUDENTS IN THE MORNING AND EVENING TEACHING ENGLISH FOR SPEAKERS OF OTHER LANGUAGES (ESOL). IN THE ADULT EDUCATION...
ADULT EDUCATION PROGRAM: YEAR ROUND, OUR ADULT EDUCATION PROGRAM OFFERS COURSES TO STUDENTS IN THE MORNING AND EVENING TEACHING ENGLISH FOR SPEAKERS OF OTHER LANGUAGES (ESOL). IN THE ADULT EDUCATION PROGRAMS, IMMIGRANT STUDENTS IMPROVED THEIR ENGLISH AND OTHER SKILLS NEEDED TO THRIVE IN THE U.S. IN ADDITION TO ENGLISH SPEAKING SKILLS, STUDENTS HAVE PREPARED FOR THE WORKFORCE WITH TASKS LIKE JOB APPLICATIONS AND MOCK INTERVIEWS.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2024 | 2023 | Change | |
|---|---|---|---|
| Revenue | $4,105,422 | $4,062,832 | +0.0% |
| Expenses | $3,833,383 | $3,625,199 | +0.1% |
| Net Income | $272,039 | $437,633 | -0.4% |
Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics
Financial Distress Indicator
Liquidity & Cash Position
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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| LILY HSU | BOARD CHAIR | 0.50 |
Officer
Director
|
$0 | $0 | $0 |
| DR WAN WU | VICE CHAIRMAN | 0.50 |
Officer
Director
|
$0 | $0 | $0 |
| MICHAEL MULLIN | TREASURER | 0.50 |
Officer
Director
|
$0 | $0 | $0 |
| MARIA FRUCI | SECRETARY | 0.50 |
Officer
Director
|
$0 | $0 | $0 |
| ATIF ADAM | BOARD MEMBER | 0.50 |
Director
|
$0 | $0 | $0 |
| BETTY CHENG | BOARD MEMBER | 0.50 |
Director
|
$0 | $0 | $0 |
| DAVID CHEW | BOARD MEMBER | 0.50 |
Director
|
$0 | $0 | $0 |
| GARY CHU | BOARD MEMBER | 0.50 |
Director
|
$0 | $0 | $0 |
| LILY CHU | BOARD MEMBER | 0.50 |
Director
|
$0 | $0 | $0 |
| ALISON MARSHALL | BOARD MEMBER | 0.50 |
Director
|
$0 | $0 | $0 |
| TREVOR WILLIAMS | BOARD MEMBER | 0.50 |
Director
|
$0 | $0 | $0 |
| KIN HO CHONG | PRESIDENT & CEO | 37.50 |
Officer
|
$239,918 | $0 | $239,918 |
| KEVIN BARRY | CFO | 37.50 |
Officer
|
$11,540 | $0 | $11,540 |
| EMILY CANNER | COO | 37.50 |
Highest
|
$148,123 | $0 | $148,123 |
| DOTTIE MURPHY | CPO | 37.50 |
Highest
|
$121,836 | $0 | $121,836 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | $4,105,422 | $3,833,383 | $3,152,934 | $272,039 |
| 2024 | $4,062,832 | $3,625,199 | $2,902,952 | $437,633 |
| 2023 | $2,206,188 | $2,865,685 | $2,325,468 | $-659,497 |
| 2022 | $4,579,576 | $4,372,065 | $2,462,377 | $207,511 |
| 2021 | $5,700,731 | $5,028,857 | $2,397,803 | $671,874 |
| 2020 | $1,337,463 | $1,451,349 | $1,378,621 | $-113,886 |
| 2019 | $2,003,310 | $1,070,236 | $1,469,158 | $933,074 |
Compare QUINCY ASIAN RESOURCES INC with other nonprofits in Massachusetts and across the country.