The Learning and Achievement Foundation Inc

EIN: 330719345 501(c)(3) Education

Rowland Heights, CA

Total Revenue
$108,350
Total Expenses
$434,565
Total Assets
$213,634
Net Assets
$-1,708,622
🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
1996
Legal Domicile
CA
Principal Officer
George Wang
Phone
6269649588
Tax Period
2023-07-01 to 2024-06-30

The Learning and Achievement Foundation Inc, founded in 1996, is a small nonprofit in the Education sector that reported $108K in total revenue in fiscal year 2023. Revenue decreased 13% compared to the prior year. Expenses of $435K exceeded revenue, resulting in a 301% operating deficit.

Mission

The organization sponsors exchange visitors from all parts of the world to study in a public high school while staying with American host families. These students wnhence their social and academic capabilities while building their English language skills and their understanding of different cultures.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Sign In — Free (10 views/day)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $108,350
Investment Income $0
Other Revenue $0
TOTAL REVENUE $108,350

Expense Breakdown

Grants Paid $0
Salaries & Benefits $97,484
Fundraising Expenses $0
Program Expenses $432,765
Other Expenses $337,081
TOTAL EXPENSES $434,565

Year-over-Year Comparison

2023 2022 Change
Revenue $108,350 $125,238 -0.1%
Expenses $434,565 $456,329 0.0%
Net Income $-326,215 $-331,091 0.0%
Key Indicators
✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required
🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Sign In

Governance

Voting Members
2
Independent Members
5
Employees
7
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
2
$1,800
Total Directors
2
$1,800
Key Employees
2
$1,800
Highest Compensated
2
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
George Wang President Director 040.00
Officer Director Key Emp Highest
$900 $0 $900
Sharon Yang Secretary Director 040.00
Officer Director Key Emp Highest
$900 $0 $900
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 $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
Explore More Nonprofits
→Top 100 Nonprofits in California →Largest U.S. Nonprofits →Best Rated Nonprofits →Most Efficient Nonprofits

Compare The Learning and Achievement Foundation Inc with other nonprofits in California and across the country.

We Value Your Privacy
We use cookies and similar technologies to analyze site traffic and improve your experience. By clicking "Accept All", you consent to our use of cookies for analytics and measurement.