CHINESE AMERICAN ASSOCIATION OF LE… - Form 990 Financial Data

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

2013

Legal Domicile

Principal Officer

HUA WANG

Phone

7816969567

Tax Period

2020-01-01 to 2020-12-31

CHINESE AMERICAN ASSOCIATION OF LEXINGTON CORP, founded in 2013, is a micro nonprofit in the Human Services sector that reported $66K in total revenue in fiscal year 2020. Revenue surged 67% from the prior year, signaling strong growth momentum. The organization ran a surplus of $55K, a strong 84% operating margin.

Mission

THE ASSOCIATION'S MISSION IS TO PROMOTE PARTICIPATION IN PUBLIC SERVICES, INCLUDING EDUCATION, CULTURE AND COMMUNITY AFFAIRS AND ADDRESSES CONCERNS OF THE CHINESE-AMERICAN COMMUNITY.

Program Service Accomplishments

Program 1

Revenue: $2,969

TO SERVE CHINESE-AMERICAN INTERESTS IN IMPORTANT TOWN-WIDE ACTIVITIES ESPECIALLY, BUT NOT LIMITED TO,CULTURAL AND PUBLIOC SCHOOL EDUCATION, LOCAL ISSUES, AND DIVERSITY.

Program 2

TO PROVIDE MEMBERS WITH OPPORTUNITIES FOR INVOLVEMENT IN THE LEXINGTON COMMUNITY THROUGH VOLUNTEERISM, NETWORKING AND SOCIAL EVENTS.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2020)

Revenue Breakdown

Contributions & Grants $6,185

Program Service Revenue $2,969

Investment Income $18

Other Revenue $56,363

TOTAL REVENUE $65,535

Expense Breakdown

Grants Paid $5,114

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $5,114

Other Expenses $5,445

TOTAL EXPENSES $10,559

Year-over-Year Comparison

	2020	2019	Change
Revenue	$65,535	$39,330	+0.7%
Expenses	$10,559	$29,536	-0.6%
Net Income	$54,976	$9,794	+4.6%

Key Indicators

✗ Grants to Organizations ✓ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
PETER LEE	DIRECTOR	N/A	Director	$0	$0	$0
MELANIE LIN	VICE PRESIDE	6.00	Officer Director	$0	$0	$0
HUA WANG	PRESIDENT	8.00	Officer Director	$0	$0	$0
WEIDONG WANG	DIRECTOR	N/A	Director	$0	$0	$0
RUIXI YUAN	VICE PRESIDE	2.00	Officer Director	$0	$0	$0
JUN ZHOU	SECRETARY	6.00	Officer Director	$0	$0	$0
XIAOMEI ZHUANG	TREASURER	8.00	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
2020	$65,535	$10,559	$123,866	$54,976

CHINESE AMERICAN ASSOCIATION OF LEXINGTON CORP