CHINESE CHAMBER OF COMMERCE OF NEW… - Form 990 Financial Data

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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

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.

Program Service Accomplishments

Program 1

Expenses: $14,745

THE ORGANIATION SERVING NYC CHINATOWN COMMUNITY IN EDUCATION/VOCATIONAL CONTRIBUTIONS AND OTHER INVOLVEMENTS IN FESTIVAL ACTIVITES ETC.

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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 (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

Governance

Voting Members

N/A

Independent Members

N/A

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
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

CHINESE CHAMBER OF COMMERCE OF NEW YORK INC