WESTLAKE EDUCATION FOUNDATION (USA) INC (EIN 320547249) - 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

2017

Legal Domicile

Principal Officer

JIAN YANG

Phone

2126086500

Tax Period

2023-10-01 to 2024-09-30

WESTLAKE EDUCATION FOUNDATION (USA) INC, founded in 2017, is a small nonprofit in the Education sector that reported $479K in total revenue in fiscal year 2023. Revenue surged 97% from the prior year, signaling strong growth momentum. The organization ran a surplus of $442K, a strong 92% operating margin.

Mission

WESTLAKE EDUCATION FOUNDATION WAS FOUNDED TO ADVANCE THE GOALS OF SUPPORTING HIGHER EDUCATION AND ADVOCATE FOR GLOBAL EXCHANGES. THROUGH ACADEMIA EXCHANGE PROGRAMS, THE FOUNDATION PROVIDES SUPPORT FOR FELLOWSHIPS, SCHOLARSHIPS FOR UNDERGRADUATE STUDIES AND SPONSORSHIP OF SEMINARS.

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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 $203,275

Program Service Revenue $0

Investment Income $275,557

Other Revenue $0

TOTAL REVENUE $478,832

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $36,677

TOTAL EXPENSES $36,677

Year-over-Year Comparison

	2023	2022	Change
Revenue	$478,832	$243,104	+1.0%
Expenses	$36,677	$54,444	-0.3%
Net Income	$442,155	$188,660	+1.3%

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	Hours/Week	Role	Reportable Comp	Other Comp	Total
ZHONGXUE GAN	CHAIRMAN	1.00	Officer Director	$0	$0	$0
MINHAO LIU	SECRETARY/TREASURER	1.00	Officer Director	$0	$0	$0
FENG DENG	DIRECTOR (THRU 12/4/24)	1.00	Director	$0	$0	$0
TIAN XU	DIRECTOR	1.00	Director	$0	$0	$0
JIANYING DU	DIRECTOR (EFF 1/19/24)	1.00	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	$478,832	$36,677	$15,895,214	$442,155
2023	$243,104	$54,444	$15,126,934	$188,660
2022	$11,850,816	$38,653	$14,941,981	$11,812,163
2021	$3,100,262	$7,632	$3,121,252	$3,092,630

WESTLAKE EDUCATION FOUNDATION (USA) INC