ECLAT FOUNDATION

EIN: 450610857 501(c)(3) Philanthropy & Grantmaking

MURPHY, TX

Total Revenue
$261,406
Total Expenses
$246,780
Total Assets
$423,799
Net Assets
$423,799
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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
2012
Legal Domicile
TX
Principal Officer
WILLIAM TSAO
Phone
2146362011
Tax Period
2023-01-01 to 2023-12-31

ECLAT FOUNDATION, founded in 2012, is a small nonprofit in the Philanthropy & Grantmaking sector that reported $261K in total revenue in fiscal year 2023. Revenue fell 58% from the prior year — a significant decline worth monitoring. Expenses of $247K left a modest 6% surplus.

Mission

PROVIDE OPPORTUNITIES, LIFE-ENRICHING EXPERIENCES, AND FINANCIAL AID TO DESERVING STUDENTS IN NEED FOR THE EXPRESS PURPOSE OF ADVANCING AND/OR ENHANCING THEIR EDUCATION.

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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%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $256,975
Program Service Revenue $0
Investment Income $4,431
Other Revenue $0
TOTAL REVENUE $261,406

Expense Breakdown

Grants Paid $245,727
Salaries & Benefits $0
Fundraising Expenses $1,000
Program Expenses $245,727
Other Expenses $1,053
TOTAL EXPENSES $246,780

Year-over-Year Comparison

2023 2022 Change
Revenue $261,406 $629,186 -0.6%
Expenses $246,780 $507,156 -0.5%
Net Income $14,626 $122,030 -0.9%
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

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Governance

Voting Members
16
Independent Members
N/A
Employees
N/A
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
0
$0
Total Directors
16
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ANNA CHU TREASURER/BOARD OF MEMBER 4.00
Director
$0 $0 $0
SAM YANG BOARD OF MEMBER 2.00
Director
$0 $0 $0
KATHY LIN BOARD OF MEMBER 2.00
Director
$0 $0 $0
FUL CHU LI BOARD OF MEMBER 2.00
Director
$0 $0 $0
CHIN PO BOARD OF MEMBER 2.00
Director
$0 $0 $0
WILLIAM TSAO CHAIR 2.00
Director
$0 $0 $0
JEAN CHANG BOARD OF MEMBER 2.00
Director
$0 $0 $0
ERIC KO BOARD OF MEMBER 2.00
Director
$0 $0 $0
JACKIE YANG BOARD OF MEMBER 2.00
Director
$0 $0 $0
MICHELLE CHANG BOARD OF MEMBER 2.00
Director
$0 $0 $0
MJ WANG BOARD OF MEMBER 2.00
Director
$0 $0 $0
CHRISTINE CHEN BOARD OF MEMBER 2.00
Director
$0 $0 $0
JERRY HSU BOARD OF MEMBER 2.00
Director
$0 $0 $0
LINDA HSU BOARD OF MEMBER 2.00
Director
$0 $0 $0
JANE JAN BOARD OF MEMBER 10.00
Director
$0 $0 $0
YIH MIN JAN SECRETARY/BOARD OF MEMBER 10.00
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
2024 No data No data No data No data
2023 $261,406 $246,780 $423,799 $14,626
2022 $629,186 $507,156 $503,865 $122,030
2022 $629,186 $507,156 $284,173 $122,030
2021 $218,174 $233,472 $162,143 $-15,298
2020 $147,789 $201,328 $177,443 $-53,539
2019 $141,992 $138,356 $186,518 $3,636
2018 $149,486 $114,649 $182,882 $34,837
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