CHINESE AMERICAN ASSOCIATION OF MN (EIN 410944910) - 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

1967

Legal Domicile

Tax Period

2023-01-01 to 2023-12-31

CHINESE AMERICAN ASSOCIATION OF MN, founded in 1967, is a small nonprofit in the Arts, Culture & Humanities sector that reported $518K in total revenue in fiscal year 2023. Revenue surged 342% from the prior year, signaling strong growth momentum. The organization ran a surplus of $113K, a strong 22% operating margin.

Mission

PRESERVE CHINESE CULTURES WITH A CHINESE DANCE THEATER AND A CHINESE LANGUAGE SCHOOL

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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 $135,441

Program Service Revenue $202,351

Investment Income $140,202

Other Revenue $40,244

TOTAL REVENUE $518,238

Expense Breakdown

Grants Paid $0

Salaries & Benefits $149,198

Fundraising Expenses $0

Program Expenses $404,863

Other Expenses $255,665

TOTAL EXPENSES $404,863

Year-over-Year Comparison

	2023	2022	Change
Revenue	$518,238	$117,216	+3.4%
Expenses	$404,863	$324,034	+0.2%
Net Income	$113,375	$-206,818	-1.5%

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
LIN SHU	TREASURER	2.00	Director	$0	$0	$0
PING WANG	PRESIDENT	2.00	Director	$0	$0	$0
YANHUA WUSANDS	CDT REP	2.00	Director	$0	$0	$0
PETER LI	VICE PRESIDENT	2.00	Officer Director	$0	$0	$0
SHI PENG	MEMBER	2.00	Officer	$0	$0	$0
QIANG FANG	MEMBER	2.00	Officer	$0	$0	$0
GANG JI	CLS REP	2.00	Officer	$0	$0	$0
ZAN GAO	SECRETARY	2.00	Officer	$0	$0	$0
LI TANG	TREASURY	2.00	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	No data	No data	No data	No data
2023	$518,238	$404,863	$1,573,113	$113,375
2022	$117,216	$324,034	$1,502,125	$-206,818
2021	$604,739	$221,567	$1,679,534	$383,172
2020	$418,010	$279,295	$1,351,834	$138,715
2019	$473,462	$446,689	$1,158,521	$26,773
2018	$369,347	$340,077	$1,167,068	$29,270

CHINESE AMERICAN ASSOCIATION OF MN