FRIENDS OF MANDARIN IMMERSION PROGRAM (EIN 464371590) - 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

2013

Legal Domicile

Principal Officer

KEVIN WELKER

Phone

9492891937

Tax Period

2024-11-01 to 2025-10-31

FRIENDS OF MANDARIN IMMERSION PROGRAM, founded in 2013, is a small nonprofit in the Education sector that reported $230K in total revenue in fiscal year 2024. Revenue surged 48% from the prior year, signaling strong growth momentum. Expenses of $205K left a modest 11% surplus.

Mission

FRIENDS OF MIP IS THE NON-PROFIT PARENT ORGANIZATION CREATED TO ADVOCATE FOR AND SUPPORT THE ESTABLISHMENT OF A MANDARIN IMMERSION PROGRAM IN THE CAPISTRANO UNIFIED SCHOOL DISTRICT. FRIENDS OF MIP'S PRIMARY GOAL IS TO RAISE FUNDS TO SUPPORT THE PROGRAMS IN MIP THAT ARE NOT FUNDED BY NORMAL SCHOOL DISTRICT FUNDS.

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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 $193,894

Program Service Revenue $0

Investment Income $13

Other Revenue $36,385

TOTAL REVENUE $230,292

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $194,123

Other Expenses $204,664

TOTAL EXPENSES $204,664

Year-over-Year Comparison

	2024	2023	Change
Revenue	$230,292	$155,311	+0.5%
Expenses	$204,664	$218,136	-0.1%
Net Income	$25,628	$-62,825	-1.4%

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

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JOSEPH MUNOZ	TREASURER	N/A	Officer	$0	$0	$0
MONICA PI	VICE PRESIDE	N/A	Officer	$0	$0	$0
PAULA SIMEONE	FINANCIAL CO	N/A	Officer	$0	$0	$0
KEVIN WELKER	PRESIDENT	N/A	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
2025	$230,292	$204,664	$351,467	$25,628
2024	$155,311	$218,136	$325,457	$-62,825
2023	$112,251	$141,631	$388,662	$-29,380
2022	$135,371	$115,724	$418,042	$19,647
2021	$134,317	$40,252	$398,280	$94,065
2020	$111,192	$68,854	$304,215	$42,338
2019	$133,095	$92,057	$261,877	$41,038
2018	$173,396	$280,762	$220,839	$-107,366

FRIENDS OF MANDARIN IMMERSION PROGRAM