WHITESTONE, NY
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)HONG KONG DRAGON BOAT FESTIVAL IN NEW YORK INC, founded in 1992, is a small nonprofit in the Arts, Culture & Humanities sector that reported $597K in total revenue in fiscal year 2024. Revenue surged 26% from the prior year, signaling strong growth momentum.
The Organization was established to preserve the tradition of dragon boat racing as it is practiced in Hong Kong; to foster participation in dragon boat racing through festivals; to promote awareness, understanding and knowledge of Hong Kong in every aspect through the arrangement, organization, and facilitation of dragon boat racing festivals, events and activities; and to interact and cooperate with other organizations with similar purposes.
ANNUAL HONG KONG DRAGON BOAT FESTIVAL HELD IN FLUSHING MEADOW PARK. PROMOTINGAWARENESS OF THE CHINESE CULTURE AND PRESERVING THE TRADITIONS OF DRAGONBOAT RACING, THROUGH OUT THE FESTIVAL AND RELATED...
ANNUAL HONG KONG DRAGON BOAT FESTIVAL HELD IN FLUSHING MEADOW PARK. PROMOTINGAWARENESS OF THE CHINESE CULTURE AND PRESERVING THE TRADITIONS OF DRAGONBOAT RACING, THROUGH OUT THE FESTIVAL AND RELATED EVENTS AND ACTIVITIES.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2024 | 2023 | Change | |
|---|---|---|---|
| Revenue | $597,385 | $475,078 | +0.3% |
| Expenses | $605,793 | $455,103 | +0.3% |
| Net Income | $-8,408 | $19,975 | -1.4% |
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
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| HENRY WAN | Chairman | 10.00 |
Officer
Director
|
$0 | $0 | $0 |
| HO MAISIE | Director | 10.00 |
Director
|
$0 | $0 | $0 |
| JUNE JEE | Director | 10.00 |
Director
|
$0 | $0 | $0 |
| LAW ANSON | Director | 10.00 |
Director
|
$0 | $0 | $0 |
| HO LINDA | Director | 10.00 |
Director
|
$0 | $0 | $0 |
| YOUNG VANCE | Secretary | 10.00 |
Director
|
$0 | $0 | $0 |
| Regina Lai | Director | 10.00 |
Director
|
$0 | $0 | $0 |
| Judy Ng | Director | 10.00 |
Director
|
$0 | $0 | $0 |
| LAU JOSEPH | Director | 10.00 |
Officer
Director
|
$0 | $0 | $0 |
| MA AYESHA | Director | 10.00 |
Director
|
$0 | $0 | $0 |
| LIN CHARLES | Director | 10.00 |
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | No data | No data | No data | No data |
| 2024 | $597,385 | $605,793 | $312,204 | $-8,408 |
| 2023 | $475,078 | $455,103 | $330,737 | $19,975 |
| 2022 | $348,683 | $494,322 | $300,337 | $-145,639 |
| 2021 | $361,215 | $241,365 | $442,776 | $119,850 |
| 2020 | $204,609 | $84,530 | $321,426 | $120,079 |
| 2019 | $489,737 | $460,870 | $209,195 | $28,867 |
| 2018 | $524,448 | $482,871 | $177,180 | $41,577 |
Compare HONG KONG DRAGON BOAT FESTIVAL IN NEW YORK INC with other nonprofits in New York and across the country.