Hip Sen Benevolent Association (EIN 237173372) - 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

1945

Legal Domicile

Phone

4153622340

Tax Period

2024-01-01 to 2024-12-31

Hip Sen Benevolent Association, founded in 1945, is a small nonprofit that reported $288K in total revenue in fiscal year 2024. The organization ran a surplus of $80K, a strong 28% operating margin.

Mission

SOCIAL WELFARE

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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 $0

Program Service Revenue $0

Investment Income $52,073

Other Revenue $235,683

TOTAL REVENUE $287,756

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $103,838

Other Expenses $207,675

TOTAL EXPENSES $207,675

Year-over-Year Comparison

	2024	2023	Change
Revenue	$287,756	$266,712	+0.1%
Expenses	$207,675	$250,894	-0.2%
Net Income	$80,081	$15,818	+4.1%

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	Role	Reportable Comp	Other Comp	Total
WILLIAM CHIN	President	Director	$0	$0	$0
HANSON TOM	Vice President	Director	$0	$0	$0
F KWONG CHOW	Secretary	Director	$0	$0	$0
F WING CHOW	Treasurer	Director	$0	$0	$0
EI TU ZHOU	ASS'T SECRETARY	Director	$0	$0	$0
SAM LEONG	ENG. SECTY	Director	$0	$0	$0
KONG CHOW	ASS'T TREASURER	Director	$0	$0	$0
VICTOR HON	PROPERTY MGR	Director	$0	$0	$0
NELSON MOCK	ASS'T PROP MGR	Director	$0	$0	$0
HOWARD WONG	Director	Director	$0	$0	$0
JONATHAN CHOW	Director	Director	$0	$0	$0
DAVID LAW	Director	Director	$0	$0	$0
CHAI HUNG CHIU	Director	Director	$0	$0	$0
YUK LUN LO	Director	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	$287,756	$207,675	$3,519,188	$80,081
2023	$266,712	$250,894	$3,439,107	$15,818
2022	$204,556	$157,542	$3,448,667	$47,014
2021	$229,714	$124,783	$3,455,020	$104,931
2020	$326,302	$175,702	$3,350,089	$150,600
2019	$307,413	$226,371	$3,199,489	$81,042
2018	$266,608	$220,342	$3,118,447	$46,266

Hip Sen Benevolent Association