Verbiest College Inc

EIN: 204941618 501(c)(3)

Chicago, IL

Total Revenue
$25,604
Total Expenses
$47,110
Total Assets
N/A
Net Assets
N/A
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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
2006
Legal Domicile
IL
Tax Period
2021-08-01 to 2022-04-30

Verbiest College Inc, founded in 2006, is a micro nonprofit that reported $26K in total revenue in fiscal year 2021. Revenue fell 98% from the prior year — a significant decline worth monitoring. Expenses of $47K exceeded revenue, resulting in a 84% operating deficit.

Mission

The purpose of the Beijing Center is to offer undergraduates and other students a comprehensive educational experience about China and its culture through classroom lectures, courses, on site visits, and immersion experiences.

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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%)

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Financial Overview (2021)

Revenue Breakdown

Contributions & Grants $5
Program Service Revenue $11,950
Investment Income $20
Other Revenue $13,629
TOTAL REVENUE $25,604

Expense Breakdown

Grants Paid $1,000
Salaries & Benefits $12,005
Fundraising Expenses $0
Program Expenses $1,063
Other Expenses $34,105
TOTAL EXPENSES $47,110

Year-over-Year Comparison

2021 2020 Change
Revenue $25,604 $1,138,831 -1.0%
Expenses $47,110 $1,427,549 -1.0%
Net Income $-21,506 $-288,718 -0.9%
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

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Governance

Voting Members
3
Independent Members
3
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
3
$0
Total Directors
1
$0
Key Employees
1
$7,550
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
John Richard Sember IV Director of Marketing 2.00
Key Emp
$7,550 $0 $7,550
Hera Kwong Secretary 2.00
Officer Director
$0 $0 $0
Simon Koo President 2.00
Officer
$0 $0 $0
Alexandre C Wong Treasurer 2.00
Officer
$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
2022 $25,604 $47,110 No data $-21,506
2021 $519,032 $530,815 $163,597 $-11,783
2019 $2,055,617 $2,022,741 $1,038,485 $32,876
2018 $1,619,547 $2,223,700 $662,040 $-604,153
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