ASIAN CHAMBER FOUNDATION (EIN 202144363) - 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

2004

Legal Domicile

Principal Officer

MAY WANG

Phone

7137827222

Tax Period

2024-01-01 to 2024-12-31

ASIAN CHAMBER FOUNDATION, founded in 2004, is a small nonprofit in the Education sector that reported $109K in total revenue in fiscal year 2024. Revenue surged 72% from the prior year, signaling strong growth momentum.

Mission

The Asian Chamber Foundation provides opportunities of educational programming and funding support for the Asian community in economic growth and resiliency. We have a long standing impact since 1995 with scholarships and now expanded to empowering the entrepreneurs and businesses owners in the Greater Houston area.

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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 $20,000

Program Service Revenue $89,367

Investment Income $0

Other Revenue $0

TOTAL REVENUE $109,367

Expense Breakdown

Grants Paid $16,000

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $106,998

Other Expenses $90,998

TOTAL EXPENSES $106,998

Year-over-Year Comparison

	2024	2023	Change
Revenue	$109,367	$63,757	+0.7%
Expenses	$106,998	$66,064	+0.6%
Net Income	$2,369	$-2,307	-2.0%

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

N/A

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
MAY WANG	BOARD CHAIR	1.00	Officer Director	$0	$0	$0
SYDNEY DAO	BOARD MEMBER	1.00	Director	$0	$0	$0
TRUNG DOAN	BOARD MEMBER	1.00	Director	$0	$0	$0
BIN YU	BOARD MEMBER	1.00	Director	$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
2024	$109,367	$106,998	$163,196	$2,369
2023	$63,757	$66,064	$102,281	$-2,307
2022	$51,000	$18,030	$104,588	$32,970
2021	$71,618	No data	$71,618	No data

ASIAN CHAMBER FOUNDATION