MEI WAH VILLAGE INC (EIN 043265611) - Form 990 Financial Analysis & Trantor Score

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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

1995

Legal Domicile

Principal Officer

SCOTT HANSON

Phone

6174230590

Tax Period

2024-01-01 to 2024-12-31

MEI WAH VILLAGE INC, founded in 1995, is a small nonprofit in the Housing & Shelter sector that reported $316K in total revenue in fiscal year 2024. Expenses of $407K exceeded revenue, resulting in a 29% operating deficit.

Mission

MEI WAH'S MISSION IS TO PROVIDE AFFORDABLE HOUSING TO THE ELDERLY. MEI WAH VILLAGE, INC. IS A NONPROFIT CORPORATION,WHICH OWNS AND OPERATES A 41-UNIT ELDERY HOUSING PROJECT IN BOSTON, MASSACHUSETTS.

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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%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $315,740

Investment Income $117

Other Revenue $0

TOTAL REVENUE $315,857

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $323,375

Other Expenses $407,291

TOTAL EXPENSES $407,291

Year-over-Year Comparison

	2024	2023	Change
Revenue	$315,857	$318,085	0.0%
Expenses	$407,291	$393,600	+0.0%
Net Income	$-91,434	$-75,515	+0.2%

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

Governance

Voting Members

Independent Members

Employees

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
LI CHEN	DIRECTOR	2.00	Director	$0	$0	$0
ALLEN CHIN	VICE PRESIDE	2.00	Officer Director	$0	$0	$0
WILLIAM GRAVES	DIRECTOR	2.00	Director	$0	$0	$0
SCOTT HANSON	PRESIDENT	2.00	Officer Director	$0	$0	$0
MARY ROSE LAM	DIRECTOR	2.00	Director	$0	$0	$0
MARIANNA RIEMER	TREASURER	2.00	Officer Director	$0	$0	$0
HELEN CHIN SCHLICHTE	DIRECTOR	2.00	Director	$0	$0	$0
MIN WU	CLERK	2.00	Officer Director	$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
2025	No data	No data	No data	No data
2024	$315,857	$407,291	$1,562,501	$-91,434
2022	$271,875	$359,184	$1,712,087	$-87,309
2021	$281,455	$355,954	$1,801,597	$-74,499
2020	$264,970	$331,642	$1,879,286	$-66,672
2019	$268,564	$329,764	$1,931,118	$-61,200
2018	$268,674	$349,625	$1,990,990	$-80,951

MEI WAH VILLAGE INC