DETROIT CHINESE BUSINESS ASSOCIATION (EIN 371430149) - 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

2002

Legal Domicile

Principal Officer

BRIAN GAO

Phone

5869451182

Tax Period

2023-05-01 to 2024-04-30

DETROIT CHINESE BUSINESS ASSOCIATION, founded in 2002, is a small nonprofit in the Community Improvement sector that reported $233K in total revenue in fiscal year 2023. Revenue surged 40% from the prior year, signaling strong growth momentum. Expenses of $258K exceeded revenue, resulting in a 11% operating deficit.

Mission

TO PROMOTE BUSINESS COMMUNITY GROWTH AND DEVELOPMENT.

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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 $3,200

Program Service Revenue $229,368

Investment Income $0

Other Revenue $0

TOTAL REVENUE $232,568

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $178,155

Other Expenses $257,744

TOTAL EXPENSES $257,744

Year-over-Year Comparison

	2023	2022	Change
Revenue	$232,568	$166,490	+0.4%
Expenses	$257,744	$195,467	+0.3%
Net Income	$-25,176	$-28,977	-0.1%

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

N/A

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
YANG HE	BOARD MEMBER	5.00	Officer	$0	$0	$0
BRIAN GAO	PRESIDENT	5.00	Officer	$0	$0	$0
YICHUN WANG	BOARD MEMBER	5.00	Officer	$0	$0	$0
WEITING PENG	BOARD MEMBER	5.00	Officer	$0	$0	$0
WAYNE WONG	BOARD MEMBER	5.00	Officer	$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	$232,568	$257,744	$150,605	$-25,176
2023	$166,490	$195,467	$175,781	$-28,977
2022	$148,265	$129,790	$204,758	$18,475
2021	$87,159	$80,297	$186,283	$6,862
2020	$209,491	$226,985	$179,421	$-17,494
2019	$306,517	$291,130	$191,229	$15,387
2018	$347,261	$273,979	$175,842	$73,282

DETROIT CHINESE BUSINESS ASSOCIATION