TAIWANESE AMERICAN ASSOCIATION OF NEW YORK INC (EIN 203834040) - 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

2005

Legal Domicile

Principal Officer

WINSTON LIAO

Phone

7184457007

Tax Period

2023-01-01 to 2023-12-31

TAIWANESE AMERICAN ASSOCIATION OF NEW YORK INC, founded in 2005, is a small nonprofit in the Arts, Culture & Humanities sector that reported $128K in total revenue in fiscal year 2023. Revenue surged 450% from the prior year, signaling strong growth momentum. The organization ran a surplus of $29K, a strong 23% operating margin.

Mission

TO SUPPORT TAIWANESE BY HELPING THEM ASSIMILATE TO THE CUSTOMS AND WAYS OF LIVING IN THE UNITED STATES; TO INTRODUCE TAIWANESE CULTURE TO THE COMMUNITY AND SPONSOR CULTURAL ACIVITIES.

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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 (2023)

Revenue Breakdown

Contributions & Grants $127,271

Program Service Revenue $0

Investment Income $809

Other Revenue $0

TOTAL REVENUE $128,080

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $92,974

Other Expenses $98,911

TOTAL EXPENSES $98,911

Year-over-Year Comparison

	2023	2022	Change
Revenue	$128,080	$23,287	+4.5%
Expenses	$98,911	$28,183	+2.5%
Net Income	$29,169	$-4,896	-7.0%

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

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
WINSTON LIAO	PRESIDENT	N/A	Officer Director	$0	$0	$0
GEORGE CHAUNG	V.P.	N/A	Officer Director	$0	$0	$0
YALING LIN	SECRETARY	N/A	Officer Director	$0	$0	$0
JENNY CHANG	TREASURER	N/A	Officer Director	$0	$0	$0
I-LING PI	DIRECTOR	N/A	Director	$0	$0	$0
JASON	DIRECTOR	N/A	Director	$0	$0	$0
DARREN YANG	DIRECTOR	N/A	Director	$0	$0	$0
MING CHIANG	DIRECTOR	N/A	Director	$0	$0	$0
WENCHING LIN	DIRECTOR	N/A	Director	$0	$0	$0
AMY LIAO	DIRECTOR	N/A	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	No data	No data	No data	No data
2023	$128,080	$98,911	$169,846	$29,169
2022	$23,287	$28,183	$140,677	$-4,896
2021	$16,596	$16,241	$145,573	$355
2020	$29,232	$41,424	$145,218	$-12,192
2019	$175,395	$148,248	$157,410	$27,147
2018	$144,857	$124,431	$130,263	$20,426

TAIWANESE AMERICAN ASSOCIATION OF NEW YORK INC