CHINA CLASSIFICATION SOCIETY

EIN: 113168588

GREAT NECK, NY

Total Revenue
$2,047,142
Total Expenses
$2,064,239
Total Assets
$1,506,891
Net Assets
$225,247
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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
1993
Legal Domicile
NY
Principal Officer
CHUNSHENG HAN
Phone
7186129398
Tax Period
2023-01-01 to 2023-12-31

CHINA CLASSIFICATION SOCIETY, founded in 1993, is a community nonprofit that reported $2.0M in total revenue in fiscal year 2023.

Mission

THE ORGANIZATION IS CHARGED OF PROMOTING THE SECURITY OF LIFE AND PROPERTY ON THE SEAS AND PROTECTION OF THE MARINE ENVIRONMENT

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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 (2023)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $2,046,939
Investment Income $203
Other Revenue $0
TOTAL REVENUE $2,047,142

Expense Breakdown

Grants Paid $0
Salaries & Benefits $998,783
Fundraising Expenses $0
Program Expenses $1,374,303
Other Expenses $1,065,456
TOTAL EXPENSES $2,064,239

Year-over-Year Comparison

2023 2022 Change
Revenue $2,047,142 $1,898,844 +0.1%
Expenses $2,064,239 $1,977,544 +0.0%
Net Income $-17,097 $-78,700 -0.8%
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
1
Independent Members
1
Employees
8
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
1
$197,660
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
CHUNSHENG HAN GENERAL MANAGER 50.00
Officer
$197,660 $0 $197,660
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 No data No data No data
2023 $2,047,142 $2,064,239 $1,506,891 $-17,097
2022 $1,898,844 $1,977,544 $1,944,654 $-78,700
2021 $2,239,327 $2,290,438 $1,379,225 $-51,111
2020 $1,554,373 $2,050,721 $1,453,106 $-496,348
2019 $2,097,548 $2,087,354 $2,064,077 $10,194
2018 $2,820,745 $2,690,255 $2,012,902 $130,490
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