THE ELECTROMAGNETICS ACADEMY INC

EIN: 043053830 501(c)(3)

LEXINGTON, MA

Total Revenue
N/A
Total Expenses
$53,025
Total Assets
$852,886
Net Assets
$-624,750
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
1989
Legal Domicile
MA
Principal Officer
PROF LEUNG TSANG
Phone
7818631303
Tax Period
2024-01-01 to 2024-12-31

Mission

ENHANCEMENT OF KNOWLEDGE IN THE FIELD OF ELECTROMAGNETICS.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $0

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $3,891
Other Expenses $53,025
TOTAL EXPENSES $53,025

Year-over-Year Comparison

2024 2023 Change
Revenue N/A N/A N/A
Expenses $53,025 $21,754 +1.4%
Net Income N/A $-21,754 N/A
Key Indicators
✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required
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Financial Health Indicators

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

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Governance

Voting Members
7
Independent Members
7
Employees
N/A
Volunteers
N/A

Governance Policies

✗ Conflict of Interest Policy
✗ Whistleblower Policy
✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School
✗ Operated a Hospital
✗ Provided First Class Travel
✗ Reported Conflict of Interest
✗ Reported Asset Diversion
✗ Excess Benefit Transaction
✗ Made Political Expenditures
✗ Engaged in Lobbying
✗ Operated Donor Advised Fund
✗ Maintained Art Collections
✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
5
$0
Total Directors
2
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
DAVID KONG DIRECTOR 1.00
Director
$0 $0 $0
MAHTA MOGHADDAM DIRECTOR 1.00
Director
$0 $0 $0
PROF LEUNG TSANG PRES. & DIR. 1.00
Officer
$0 $0 $0
SHING KONG TREASURER & DIR. 1.00
Officer
$0 $0 $0
JOEL JOHNSON CLERK & DIR. 1.00
Officer
$0 $0 $0
SAIBUN TJUATJA ASST. CLERK & DIR. 1.00
Officer
$0 $0 $0
DR TAREK HABASHY VICE PRESIDENT 1.00
Officer
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 No data $53,025 $852,886 No data
2023 No data $21,754 $898,259 No data
2021 No data $36,535 $933,230 No data
2020 No data $27,108 $973,231 No data
2019 No data $68,191 $1,066,005 No data
2018 No data $98,560 $841,210 No data
2017 No data $105,826 $815,536 No data
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