OAKLAND CHINATOWN CHAMBER FOUNDATION dba OCCF (EIN 371433643) - 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

2003

Legal Domicile

Principal Officer

Carl Chan

Phone

5108938979

Tax Period

2023-01-01 to 2023-12-31

OAKLAND CHINATOWN CHAMBER FOUNDATION dba OCCF, founded in 2003, is a small nonprofit in the Community Improvement sector that reported $106K in total revenue in fiscal year 2023. Revenue fell 75% from the prior year — a significant decline worth monitoring.

Mission

THE OAKLAND CHINATOWN CHAMBER FOUNDATION (OCC FOUNDATION) WAS FORMED IN 2003 AS A 501c3 CHARITABLE ORGANIZATION TO ACCEPT DONATIONS TOWARDS PROJECTS THAT WILL BENEFIT THE WELFARE OF BUSINESS ENTITIES AND RESIDENTS IN THE OAKLAND CHINATOWN COMMUNITY THROUGH EDUCATIONAL AND CULTURAL ENRICHMENT ACTIVITIES, AS WELL AS ECONOMIC DEVELOPMENT ENDEAVORS. OCCF FACILITATES THE COLLECTION OF DONATIONS FROM BUSINESSES AND INVIDIDUALS TO BENEFIT THE COMMUNITY IN TIME OF EMERGENCIES AND CASUALTIES.

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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 $82,180

Program Service Revenue $0

Investment Income $3,246

Other Revenue $20,159

TOTAL REVENUE $105,585

Expense Breakdown

Grants Paid $99,984

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $102,139

Other Expenses $4,164

TOTAL EXPENSES $104,148

Year-over-Year Comparison

	2023	2022	Change
Revenue	$105,585	$419,574	-0.7%
Expenses	$104,148	$482,624	-0.8%
Net Income	$1,437	$-63,050	-1.0%

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

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
Carl Chan	President	2.00	Officer Director	$0	$0	$0
Nancy Lee	Vice President	0.25	Officer Director	$0	$0	$0
Sugiarto Loni	Secretary	0.25	Officer Director	$0	$0	$0
Arlene Lum	Treasurer	3.00	Officer Director	$0	$0	$0
Francis Lan	Director	0.50	Director	$0	$0	$0
Albert Wong	Director	0.25	Director	$0	$0	$0
Lawrence Ng	Director	0.25	Director	$0	$0	$0
George Ong	Director	0.25	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
2024	No data	No data	No data	No data
2023	$105,585	$104,148	$140,794	$1,437
2022	$419,574	$482,624	$152,031	$-63,050
2021	$326,284	$171,798	$215,081	$154,486

OAKLAND CHINATOWN CHAMBER FOUNDATION dba OCCF