THE PHILADELPHIA SUNS INCORPORATED (EIN 232818595) - 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

1995

Legal Domicile

Principal Officer

HARRY LEONG

Phone

2156279211

Tax Period

2024-01-01 to 2024-12-31

THE PHILADELPHIA SUNS INCORPORATED, founded in 1995, is a small nonprofit in the Youth Development sector that reported $222K in total revenue in fiscal year 2024. Revenue surged 25% from the prior year, signaling strong growth momentum. Expenses of $194K left a modest 13% surplus.

Mission

To Promote Asian American Youth.

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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 $9,494

Program Service Revenue $212,523

Investment Income $0

Other Revenue $0

TOTAL REVENUE $222,017

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $193,623

Other Expenses $193,623

TOTAL EXPENSES $193,623

Year-over-Year Comparison

	2024	2023	Change
Revenue	$222,017	$177,244	+0.3%
Expenses	$193,623	$152,419	+0.3%
Net Income	$28,394	$24,825	+0.1%

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

N/A

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
HARRY LEONG	PRESIDENT	005.00	Officer Director	$0	$0	$0
JOSEPH LOWE	ADVISORY BOARD	005.00	Officer Director	$0	$0	$0
CAROL WONG	ADVISORY BOARD	005.00	Officer Director	$0	$0	$0
RANDY ENG	BOARD OFFICER	005.00	Officer Director	$0	$0	$0
STANLEY ENG	ADVISORY BOARD	005.00	Officer Director	$0	$0	$0
NGOC TANG	OFFICER	005.00	Officer Director	$0	$0	$0
ADA HUANG	TREASURER	005.00	Officer Director	$0	$0	$0
THANG VAN	BOARD SECRETARY	005.00	Officer Director	$0	$0	$0
GLENN HING	ADVISORY BOARD	N/A	Director	$0	$0	$0
ROBERT MOY	ADVISORY BOARD	N/A	Director	$0	$0	$0
KARWAI TSANG	OFFICER	N/A	Officer Director	$0	$0	$0
LIHAO JIAN	VICE PRESIDENT	N/A	Officer 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	$222,017	$193,623	$71,386	$28,394
2023	$177,244	$152,419	$244,109	$24,825
2022	$124,948	$112,679	$350,640	$12,269
2021	$51,891	$34,558	$340,186	$17,333
2020	$58,409	$27,096	$193,588	$31,313
2019	$108,001	$96,257	$161,092	$11,744
2018	$213,401	$213,709	$149,348	$-308

THE PHILADELPHIA SUNS INCORPORATED