ASIAN COMMUNITY UNITED SOCIETY INC (EIN 264164117) - 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

2008

Legal Domicile

Principal Officer

WARREN CHAN

Phone

6462349911

Tax Period

2024-01-01 to 2024-12-31

ASIAN COMMUNITY UNITED SOCIETY INC, founded in 2008, is a micro nonprofit in the Human Services sector that reported $26K in total revenue in fiscal year 2024. Revenue fell 42% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $13K, a strong 49% operating margin.

Mission

HEALTH EDUCATION SEMINARS AND PROVIDE FREE FOOD TO COMMUNITY. IN SENIOR PROGRAM, WE PROVIDE FREE TAX RETURNS FILING SERVICE, SENIOR HOUSING SEMINAR,

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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 $10,362

Program Service Revenue $16,000

Investment Income $0

Other Revenue $0

TOTAL REVENUE $26,362

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $13,433

Other Expenses $13,533

TOTAL EXPENSES $13,533

Year-over-Year Comparison

	2024	2023	Change
Revenue	$26,362	$45,500	-0.4%
Expenses	$13,533	$47,481	-0.7%
Net Income	$12,829	$-1,981	-7.5%

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
WARREN CHAN	PRESIDENT	20.00	Director	$0	$0	$0
STEVEN LEUNG	SECRETARY	5.00	Officer	$0	$0	$0
HENNESSY NG	TREASURER	5.00	Officer	$0	$0	$0
FENG WEN	TREASURER	5.00	Officer	$0	$0	$0
DENNY CHEN	VICE PRESIDENT	5.00	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
2024	$26,362	$13,533	$39,810	$12,829
2023	$45,500	$47,481	$26,981	$-1,981
2022	$36,000	$31,229	$30,159	$4,771
2021	$14,006	$10,603	$25,766	$3,403
2020	$19,325	$18,011	$22,163	$1,314
2019	$42,524	$48,822	$20,848	$-6,298
2018	$107,443	$95,065	$25,580	$12,378

ASIAN COMMUNITY UNITED SOCIETY INC