CHING SUN CHARITABLE FOUNDATION INC (EIN 272576020) - 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

2010

Legal Domicile

Principal Officer

CHING SUN WONG

Phone

2129669001

Tax Period

2023-05-01 to 2024-04-30

CHING SUN CHARITABLE FOUNDATION INC, founded in 2010, is a micro nonprofit in the Education sector that reported $13K in total revenue in fiscal year 2023. Revenue surged 166% from the prior year, signaling strong growth momentum. Expenses of $25K exceeded revenue, resulting in a 94% operating deficit.

Mission

THE MISSIONS OF ORGANIZATION ARE TO PROMOTE TRADITIONAL ARTS OF ORIENTAL CUISINES AND PUBLIC INTEREST IN CHINESE OPERA AND CULTURE IN THE UNITED STATES.

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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 $0

Program Service Revenue $0

Investment Income $12,773

Other Revenue $0

TOTAL REVENUE $12,773

Expense Breakdown

Grants Paid $23,000

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $23,000

Other Expenses $1,837

TOTAL EXPENSES $24,837

Year-over-Year Comparison

	2023	2022	Change
Revenue	$12,773	$4,803	+1.7%
Expenses	$24,837	$1,100	+21.6%
Net Income	$-12,064	$3,703	-4.3%

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	Role	Reportable Comp	Other Comp	Total
CHING SUN WONG	CHAIRMAN	Officer	$0	$0	$0
DONALD LAU	VP/SECRETARY	Officer	$0	$0	$0
HO SING LEE	PRESIDENT	Officer	$0	$0	$0
NORMAN WONG	TREASURER	Officer	$0	$0	$0
PEARL WONG	DIRECTOR	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	$12,773	$24,837	$354,717	$-12,064
2023	$4,803	$1,100	$366,781	$3,703
2022	$316	$4,100	$363,078	$-3,784
2021	$548	$64,222	$366,861	$-63,674
2020	$7,836	$7,996	$430,536	$-160
2019	$290,070	$89,371	$430,696	$200,699

CHING SUN CHARITABLE FOUNDATION INC