ASIAN HEALTHCARE FOUNDATION OF MASSACHUSETTS INC (EIN 205004218) - 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

2006

Legal Domicile

Principal Officer

ERIC TIBERI

Phone

6175216700

Tax Period

2023-07-01 to 2024-06-30

ASIAN HEALTHCARE FOUNDATION OF MASSACHUSETTS INC, founded in 2006, is a community nonprofit in the Health Care sector that reported $4.6M in total revenue in fiscal year 2023. Revenue surged 272% from the prior year, signaling strong growth momentum. The organization ran a surplus of $4.0M, a strong 86% operating margin.

Mission

TO SUPPORT THE ACTIVITIES OF SOUTH COVE COMMUNITY HEALTH CENTER INC.

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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 $2,000,000

Program Service Revenue $0

Investment Income $823,984

Other Revenue $1,804,898

TOTAL REVENUE $4,628,882

Expense Breakdown

Grants Paid $139,760

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $334,588

Other Expenses $521,919

TOTAL EXPENSES $661,679

Year-over-Year Comparison

	2023	2022	Change
Revenue	$4,628,882	$1,244,661	+2.7%
Expenses	$661,679	$595,041	+0.1%
Net Income	$3,967,203	$649,620	+5.1%

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

$487,034

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ALVIN WING	BOARD MEMBER	1.00	Director	$0	$0	$0
APRIL TANG	PRESIDENT	1.00	Officer Director	$0	$0	$0
FREDERICK TAW	BOARD MEMBER	1.00	Director	$0	$0	$0
HERMAN LEE	SECRETARY	1.00	Officer Director	$0	$0	$0
JANET MOY	BOARD MEMBER	1.00	Director	$0	$0	$0
CINDY CHEN	TREASURER	1.00	Officer Director	$0	$0	$0
ERIC TIBERI	BOARD MEMBER	1.00	Director	$0	$28,545	$487,034

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
2025	No data	No data	No data	No data
2024	$4,628,882	$661,679	$23,956,811	$3,967,203
2023	$1,244,661	$595,041	$19,970,529	$649,620
2022	$1,331,545	$609,740	$19,820,278	$721,805
2021	$1,376,137	$693,110	$18,624,084	$683,027
2020	$1,609,849	$668,471	$17,953,780	$941,378
2019	$1,689,236	$676,339	$17,027,854	$1,012,897
2018	$2,150,670	$813,728	$15,969,142	$1,336,942

ASIAN HEALTHCARE FOUNDATION OF MASSACHUSETTS INC