THE MINNESOTA CHINA FRIENDSHIP GARDEN SOCIETY

EIN: 202838160 501(c)(3) Arts, Culture & Humanities

ST PAUL, MN

Total Revenue
$30,614
Total Expenses
$88,174
Total Assets
$188,941
Net Assets
$188,941
🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
2005
Legal Domicile
MN
Principal Officer
WILLIAM ZAJICEK
Phone
7639134438
Tax Period
2019-01-01 to 2019-12-31

THE MINNESOTA CHINA FRIENDSHIP GARDEN SOCIETY, founded in 2005, is a micro nonprofit in the Arts, Culture & Humanities sector that reported $31K in total revenue in fiscal year 2019. Revenue fell 94% from the prior year — a significant decline worth monitoring. Expenses of $88K exceeded revenue, resulting in a 188% operating deficit.

Mission

WE HAVE A SMALL, DEDICATED ALL-VOLUNTEER 12-MEMBER BOARD THAT HAS PUT IN THOUSANDS OF HOURS TO FURTHER ITS MISSION AND RESEARCH CHINA GARDENS IN THE US AND CHINA. OUR BOARD IS DIVERSE AND IS COMPOSED OF HMONG, CHINESE, AND OTHER COMMUNITY MEMBERS. OUR 11-MEMBER HONORARY ADVISORY COUNCIL, INCLUDES AMONG OTHERS, FORMER MAYOR GEORGE LATIMER, FORMER MINNEAPOLIS INSTITUTE OF ART ASIAN ART CURATOR ROBERT JACOBSEN, FORMER ST. PAUL PARKS & REC LANDSCAPE ARCHITECT BILL PESEK, DRAGON BOAT FESTIVAL ORGANIZER BRENDA FONG. WE HAVE A 9-MEMBER CHINESE ADVISORY GROUP AND A 9-MEMBER HMONG ADVISORY GROUP TO ADVISE THE BOARD TO ENSURE CULTURAL AND HISTORICAL AUTHENTICITY.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Sign In — Free (10 views/day)

Financial Overview (2019)

Revenue Breakdown

Contributions & Grants $44,448
Program Service Revenue $0
Investment Income $5,155
Other Revenue $-18,989
TOTAL REVENUE $30,614

Expense Breakdown

Grants Paid $75,922
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $81,127
Other Expenses $12,252
TOTAL EXPENSES $88,174

Year-over-Year Comparison

2019 2018 Change
Revenue $30,614 $477,336 -0.9%
Expenses $88,174 $497,390 -0.8%
Net Income $-57,560 $-20,054 +1.9%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Sign In

Governance

Voting Members
11
Independent Members
11
Employees
N/A
Volunteers
40

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
3
$0
Total Directors
11
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JOYCE HSIAO VICE-PRESIDENT 5.00
Officer Director
$0 $0 $0
LINDA MEALEY-LOHMANN PRESIDENT 40.00
Officer Director
$0 $0 $0
MARY WARPEHA DIRECTOR 25.00
Director
$0 $0 $0
WALTER GRAFF DIRECTOR 5.00
Director
$0 $0 $0
ROMI SLOWIAK SECRETARY 25.00
Director
$0 $0 $0
BILL ZAJICEK TREASURER 30.00
Officer Director
$0 $0 $0
BARBARA HARRISON DIRECTOR 5.00
Director
$0 $0 $0
WEIMING LU DIRECTOR 5.00
Director
$0 $0 $0
JEFF GANYING VANG DIRECTOR 25.00
Director
$0 $0 $0
CHU WU DIRECTOR 5.00
Director
$0 $0 $0
CHEN ZHOU DIRECTOR 25.00
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
2019 $30,614 $88,174 $188,941 $-57,560
2018 $477,336 $497,390 $536,792 $-20,054
Explore More Nonprofits
Top 100 Nonprofits in Minnesota Largest U.S. Nonprofits Best Rated Nonprofits Most Efficient Nonprofits

Compare THE MINNESOTA CHINA FRIENDSHIP GARDEN SOCIETY with other nonprofits in Minnesota and across the country.