BROOKLYN ON FUN ASSOCIATION USA INC (EIN 455094879) - 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

2012

Legal Domicile

Phone

7186330915

Tax Period

2024-01-01 to 2024-12-31

BROOKLYN ON FUN ASSOCIATION USA INC, founded in 2012, is a small nonprofit in the Community Improvement sector that reported $344K in total revenue in fiscal year 2024. Revenue surged 144% from the prior year, signaling strong growth momentum. The organization ran a surplus of $236K, a strong 69% operating margin.

Mission

To preserve and promote Asian heredity and culture in the community.

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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 (2024)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $0

Investment Income $0

Other Revenue $343,750

TOTAL REVENUE $343,750

Expense Breakdown

Grants Paid $6,493

Salaries & Benefits $13,944

Fundraising Expenses $0

Program Expenses $22,745

Other Expenses $87,432

TOTAL EXPENSES $107,869

Year-over-Year Comparison

	2024	2023	Change
Revenue	$343,750	$140,709	+1.4%
Expenses	$107,869	$57,035	+0.9%
Net Income	$235,881	$83,674	+1.8%

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
TSANG SUN MUI	PRESIDENT AND DIRECTOR	20.00	Officer Director	$0	$0	$0
KAM FON MUI YONG	TREASURER AND DIRECTOR	20.00	Officer Director	$0	$0	$0
STANLEY MUI	SECRETARY AND DIRECTOR	20.00	Officer 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	$343,750	$107,869	$1,748,810	$235,881
2023	$140,709	$57,035	$157,915	$83,674
2022	$63,960	$86,271	$77,249	$-22,311
2021	$125,300	$95,305	$258,086	$29,995
2020	$7,092	$25,244	$170,940	$-18,152
2019	$23,503	$71,017	$189,574	$-47,514
2018	$30,395	$45,140	$119,057	$-14,745

BROOKLYN ON FUN ASSOCIATION USA INC