CHINESE CHAMBER OF COMMERCE OF NEW YORK INC

EIN: 131917986

NEW YORK, NY

Total Revenue
$29,154
Total Expenses
$50,380
Total Assets
$907,058
Net Assets
$865,214
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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
1932
Legal Domicile
NY
Principal Officer
JUSTIN YU
Phone
2129250036
Tax Period
2020-01-01 to 2020-12-31

CHINESE CHAMBER OF COMMERCE OF NEW YORK INC, founded in 1932, is a micro nonprofit that reported $29K in total revenue in fiscal year 2020. Revenue fell 83% from the prior year — a significant decline worth monitoring. Expenses of $50K exceeded revenue, resulting in a 73% operating deficit.

Mission

THE ORGANIATION ORGANIZES RECREATIONAL ACTIVITIES OF ALL SORTS. THE ORGANIATION ALSO PROVIDES OTHER SERVICES SUCH AS TRANSLATION GUIDANCE AND GENERAL INFORMATION.

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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 (2020)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $17,018
Investment Income $12,136
Other Revenue $0
TOTAL REVENUE $29,154

Expense Breakdown

Grants Paid $0
Salaries & Benefits $11,235
Fundraising Expenses $0
Program Expenses $14,745
Other Expenses $39,145
TOTAL EXPENSES $50,380

Year-over-Year Comparison

2020 2019 Change
Revenue $29,154 $172,320 -0.8%
Expenses $50,380 $156,081 -0.7%
Net Income $-21,226 $16,239 -2.3%
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
N/A
Independent Members
N/A
Employees
3
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
$0
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
NA N/A 0.00
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
2020 $29,154 $50,380 $907,058 $-21,226
2019 $172,320 $156,081 $845,089 $16,239
2018 $261,686 $146,766 $798,216 $114,920
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