NEW YORK CHINESE CULTURAL CENTER INC (EIN 132928554) - 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

1977

Legal Domicile

Principal Officer

Ying Yen

Phone

2123343764

Tax Period

2024-01-01 to 2024-12-31

NEW YORK CHINESE CULTURAL CENTER INC, founded in 1977, is a small nonprofit in the Arts, Culture & Humanities sector that reported $494K in total revenue in fiscal year 2024. Expenses of $589K exceeded revenue, resulting in a 19% operating deficit.

Mission

IT IS DEDICATED TO DEEPENING THE UNDERSTANDING AND APPRECIATION OF CHINESE CULTURE IN THE GLOBAL AND LOCAL COMMUNITIES. IT FULFILLS ITS MISSION BY OFFERING PROFESSIONAL CLASSES, WORKSHOPS, AND PERFORMANCES WHILE NURTURING CREATIVE NEW WORKS THAT REFLECT THE RICH CULTURAL HERITAGES AND DIVERSE COMMUNITIES OF TODAY.

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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 $248,950

Program Service Revenue $243,390

Investment Income $1,575

Other Revenue $0

TOTAL REVENUE $493,915

Expense Breakdown

Grants Paid $0

Salaries & Benefits $182,662

Fundraising Expenses $20,825

Program Expenses $460,897

Other Expenses $405,918

TOTAL EXPENSES $588,580

Year-over-Year Comparison

	2024	2023	Change
Revenue	$493,915	$513,171	0.0%
Expenses	$588,580	$570,882	+0.0%
Net Income	$-94,665	$-57,711	+0.6%

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

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

$85,500

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JACKIE QUAN	DIRECTOR/ CO-PRESIDENT	1.00	Officer Director	$0	$0	$0
ARNOLD CHU	DIRECTOR/ CO-PRESIDENT	1.00	Officer Director	$0	$0	$0
KRISTIE BLASE	DIRECTOR/ SECRETARY	1.00	Officer Director	$0	$0	$0
JAMES LUK	DIRECTOR/TREASURER	1.00	Officer Director	$0	$0	$0
YING YEN	EXECUTIVE DIRECTOR	35.00	Director	$85,500	$0	$85,500

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	$493,915	$588,580	$310,055	$-94,665
2023	$513,171	$570,882	$396,046	$-57,711
2022	$526,580	$544,867	$465,271	$-18,287
2021	$429,957	$417,981	$473,121	$11,976
2020	$576,833	$426,034	$332,362	$150,799
2019	$481,086	$492,026	$153,842	$-10,940
2018	$502,250	$441,560	$205,253	$60,690

NEW YORK CHINESE CULTURAL CENTER INC