The Learning and Achievement Found… - Form 990 Financial Data

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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

1996

Legal Domicile

Principal Officer

George Wang

Phone

6269649588

Tax Period

2024-07-01 to 2025-06-30

The Learning and Achievement Foundation Inc, founded in 1996, is a micro nonprofit in the Education sector that reported $87K in total revenue in fiscal year 2024. Revenue decreased 20% compared to the prior year. Expenses of $418K exceeded revenue, resulting in a 380% operating deficit.

Mission

Prepare students from different cultures and language backgrounds to learn independently, communicate effectively in English, succeed in university education and contribute too the 21th century multicultural world

Program Service Accomplishments

Program 1

Expenses: $417,769 Revenue: $87,034

The School has international students. These students are provided with quality education by highly qualified teachers and adminidtractors.

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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 $0

Program Service Revenue $87,034

Investment Income $0

Other Revenue $0

TOTAL REVENUE $87,034

Expense Breakdown

Grants Paid $0

Salaries & Benefits $89,780

Fundraising Expenses $0

Program Expenses $417,769

Other Expenses $327,989

TOTAL EXPENSES $417,769

Year-over-Year Comparison

	2024	2023	Change
Revenue	$87,034	$108,350	-0.2%
Expenses	$417,769	$434,565	0.0%
Net Income	$-330,735	$-326,215	+0.0%

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

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
George Wang	President Director	040.00	Officer Director Key Emp Highest	$0	$0	$0
Sharon Yang	Secretary Director	040.00	Officer Director Key Emp Highest	$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	$87,034	$417,769	$196,704	$-330,735
2024	$108,350	$434,565	$213,634	$-326,215
2023	$125,238	$456,329	$235,769	$-331,091
2022	$171,937	$441,171	$292,526	$-269,234
2021	$145,540	$504,607	$228,748	$-359,067
2020	$381,924	$761,253	$294,240	$-379,329
2019	$696,043	$1,090,284	$313,754	$-394,241

The Learning and Achievement Foundation Inc