CHINATOWN PARKING CORP

🔒

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

Financial Trends

Organization Details

Formation Year

1984

Legal Domicile

Principal Officer

DARRYL TOM

Phone

3123265320

Tax Period

2022-07-01 to 2023-06-30

CHINATOWN PARKING CORP, founded in 1984, is a community nonprofit that reported $2.5M in total revenue in fiscal year 2022. Revenue surged 30% from the prior year, signaling strong growth momentum. The organization ran a surplus of $663K, a strong 26% operating margin.

Mission

PROVIDE PARKING FOR THE BENEFIT OF THE CHINATOWN COMMUNITY

Program Service Accomplishments

Program 1

Expenses: $1,686,999 Revenue: $2,542,658

CHINATOWN PARKING CORP. OPERATES TWO PARKING LOTS FOR THE BENEFIT OF THE CHINATOWN COMMUNITY AND CHARGES FOR ITS USE. THE PROVIDING OF PARKING IN CHINATOWN ASSISTS IN BRINGING COMMERCE INTO CHINATOWN AND RELIEVING CONGESTION FOR RESIDENTS OF THE NEIGHBORHOOD AND IS RELATED TO THE EXEMPT PURPOSE OF THE ORGANIZATION.

🔒

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%)

Financial Overview (2022)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $2,523,496

Investment Income $19,162

Other Revenue $0

TOTAL REVENUE $2,542,658

Expense Breakdown

Grants Paid $0

Salaries & Benefits $146,545

Fundraising Expenses $0

Program Expenses $1,686,999

Other Expenses $1,732,778

TOTAL EXPENSES $1,879,323

Year-over-Year Comparison

	2022	2021	Change
Revenue	$2,542,658	$1,958,586	+0.3%
Expenses	$1,879,323	$1,561,154	+0.2%
Net Income	$663,335	$397,432	+0.7%

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

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
RAYMOND LEE	DIRECTOR	2.00	Director	$0	$0	$0
HELEN C LEE	DIRECTOR	2.00	Director	$0	$0	$0
BETTY CHOW	DIRECTOR	2.00	Director	$0	$0	$0
ERNEST WONG	DIRECTOR	2.00	Director	$0	$0	$0
DARRYL TOM	MANAGING DIRECTOR	5.00	Director	$0	$0	$0
MABEL MOY	DIRECTOR	2.00	Director	$0	$0	$0
STAN BOCHNOWSKI	DIRECTOR	2.00	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	No data	No data	No data	No data
2023	$2,542,658	$1,879,323	$3,413,027	$663,335
2022	$1,958,586	$1,561,154	$2,700,395	$397,432
2021	$983,874	$1,009,114	$2,340,095	$-25,240
2020	$1,400,343	$1,497,787	$2,398,367	$-97,444
2019	$1,877,027	$1,555,598	$2,381,447	$321,429