EFC FOUNDATION INC (EIN 271308014) - 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

2009

Legal Domicile

Phone

6267825470

Tax Period

2024-01-01 to 2024-12-31

EFC FOUNDATION INC, founded in 2009, is a micro nonprofit in the Religion sector that reported $91K 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 $41K, a strong 45% operating margin.

Mission

THE FOUNDATION HAS ADOPTED ITS MISSION AS (1) TO PROMOTE WORLD MISSIONS; (2) TO DEVELOP AND TRAIN UP LEADERS FOR THE KINGDOM OF GOD; (3) TO RAISE FUNDS FOR CHURCH PLANTING AND BUILDING PUCHASE; (4) TO PLAN FOR RETIREMENT AND BENEFITS FOR MINISTERS; (5) TO SET UP EMERGENCY RELIEF FUNDS.

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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 $91,287

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $91,287

Expense Breakdown

Grants Paid $0

Salaries & Benefits $20,600

Fundraising Expenses $0

Program Expenses $18,030

Other Expenses $29,871

TOTAL EXPENSES $50,471

Year-over-Year Comparison

	2024	2023	Change
Revenue	$91,287	$158,382	-0.4%
Expenses	$50,471	$86,721	-0.4%
Net Income	$40,816	$71,661	-0.4%

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
YENWEN CHOU	President & CEO	1.00	Officer	$0	$0	$0
DENNIS CHENG	Treasurer	1.00	Officer	$0	$0	$0
ALLEN HU	Secretary	1.00	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	$91,287	$50,471	$1,861,852	$40,816
2023	$158,382	$86,721	$1,892,665	$71,661
2022	$122,495	$24,153	$2,018,320	$98,342
2021	$65,153	$8,321	$2,066,821	$56,832
2020	$21,450	$8,297	$2,058,771	$13,153
2019	$31,625	$12,237	$2,113,818	$19,388
2018	$102,806	$14,638	$2,119,506	$88,168

EFC FOUNDATION INC