Torrance Chinese School (EIN 330358552) - 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

1988

Legal Domicile

Principal Officer

Yinheh Lo

Phone

4245713563

Tax Period

2023-07-01 to 2024-06-30

Torrance Chinese School, founded in 1988, is a small nonprofit in the Arts, Culture & Humanities sector that reported $159K in total revenue in fiscal year 2023. Revenue decreased 15% compared to the prior year. Net assets of $401K represent 30 months of operating reserves.

Mission

Torrance Chinese School is a non-profit, non-religious and non-political educational institution which provides a friendly environment for students who are interested in learning the Chinese language. The school offers classes not only for school-aged children, but also for adults who like to explore Chinese language and cultures. All school activities are to promote Chinese cultures and to encourage the learning of Chinese language.

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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 $24,060

Program Service Revenue $124,155

Investment Income $10,085

Other Revenue $1,091

TOTAL REVENUE $159,391

Expense Breakdown

Grants Paid $0

Salaries & Benefits $73,742

Fundraising Expenses $0

Program Expenses $147,140

Other Expenses $95,550

TOTAL EXPENSES $169,292

Year-over-Year Comparison

	2023	2022	Change
Revenue	$159,391	$186,991	-0.1%
Expenses	$169,292	$169,399	0.0%
Net Income	$-9,901	$17,592	-1.6%

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

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

$22,152

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Juliet Yinyeh Lo Principal	President	20.00	Officer	$20,000	$0	$20,000
Regina Chiang Vice Principal	Vice President	20.00	Officer	$2,152	$0	$2,152
Min Yaung	Chairman	20.00	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
2025	No data	No data	No data	No data
2024	$159,391	$169,292	$568,115	$-9,901
2023	$186,991	$169,399	$539,896	$17,592
2022	$169,073	$164,893	$533,404	$4,180

Torrance Chinese School