EAST ASIAN OBSERVATORY

🔒

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

2014

Legal Domicile

Principal Officer

PAUL T P HO

Phone

8089613756

Tax Period

2023-01-01 to 2023-12-31

EAST ASIAN OBSERVATORY, founded in 2014, is a community nonprofit in the Science & Technology sector that reported $3.0M in total revenue in fiscal year 2023. Revenue decreased 13% compared to the prior year. Expenses of $4.0M exceeded revenue, resulting in a 31% operating deficit.

Mission

THE EAST ASIAN OBSERVATORY (EAO) MISSION IS TO CONSTRUCT, OWN, OPERATE,MAINTAIN AND IMPROVE ASTRONOMICAL FACILITIES FOR THE EAST ASIAN REGIONS, AND TO ENGAGE IN ALL OTHER ACTIONS THAT ARE NECESSARY CONDUCIVE AND CONVENIENT TO THE ATTAINMENT OF THE FOREGOING PURPOSES.

Program Service Accomplishments

Program 1

Expenses: $3,590,667 Revenue: $3,040,924

OPERATION OF THE JAMES CLERK MAXWELL TELESCOPE (JCMT) FOR SCIENTIFIC ENDEAVOR. JCMT, WITH A DIAMETER OF 15 METERS, IS THE LARGEST ASTRONOMICAL TELESCOPE IN THE WORLD DESIGNED SPECIFICALLY TO OPERATE IN THE SUBMILLIMETER WAVELENGTH REGION OF THE SPECTRUM. THE JCMT IS USED TO STUDY OUR SOLAR SYSTEM, INTERSTELLAR AND CIRCUMSTELLAR DUST AND GAS, AND DISTANT GALAXIES. OBSERVING TIME EACH YEAR IS DIVIDED UP AMONG THE FOUNDING INSTITUTIONS, AND THE BROADER OBSERVING COMMUNITY HAS ACCESS THROUGH SPECIFIC SCIENTIFIC PARTNERSHIPS. TYPICALLY ABOUT 600 SCIENTISTS ALL OVER THE WORLD MAKE USE OF THE JCMT EVERY YEAR, AND THEY PUBLISH ON THE ORDER OF 200 PAPERS EVERY YEAR IN SCIENTIFIC JOURNALS. JCMT ALSO CONTINUES TO MAINTAIN AND IMPROVE A SUITE OF ADVANCED INSTRUMENTS FOR RESEARCH ON THE TELESCOPE.

Program 2

PROVIDE TECHNICAL SUPPORT FOR THE EVENT HORIZON TELESCOPE PROJECT FROM THE VERY LONG BASELINE INTERFEROMETRY GROUPS AT JCMT. THIS PROJECT PARTICIPATES ANNUALLY IN A GLOBAL EXPERIMENT INVOLVING MANY OTHER TELESCOPES TO IMAGE THE SHADOW OF THE SUPERMASSIVE BLACK HOLES IN THE CENTERS OF GALAXIES.

Program 3

PROVIDE SUPPORT FOR ASTRONOMERS AND STUDENTS TO ENGAGE IN RESEARCH AT THE JCMT, TO CALIBRATE THEIR DATA FROM THE TELESCOPE, AND TO PRODUCE SCIENTIFIC PUBLICATIONS. JCMT STAFF ALSO HOSTED AND...

PROVIDE SUPPORT FOR ASTRONOMERS AND STUDENTS TO ENGAGE IN RESEARCH AT THE JCMT, TO CALIBRATE THEIR DATA FROM THE TELESCOPE, AND TO PRODUCE SCIENTIFIC PUBLICATIONS. JCMT STAFF ALSO HOSTED AND PARTICIPATED IN INTERNATIONAL EDUCATIONAL WORKSHOPS AND CONFERENCES. THE JCMT ALSO HAS A PUBLIC OUTREACH PROGRAM WHICH AIMS TO FOSTER A GREATER APPRECIATION OF SCIENCE, AND OF ASTRONOMY IN PARTICULAR, AND ALSO TO PROVIDE EDUCATIONAL AND TRAINING OPPORTUNITIES TO HIGH SCHOOL STUDENTS IN HAWAII.

🔒

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 (2023)

Revenue Breakdown

Contributions & Grants $3,040,924

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $3,040,924

Expense Breakdown

Grants Paid $231,877

Salaries & Benefits $1,350,663

Fundraising Expenses $0

Program Expenses $3,590,667

Other Expenses $2,408,520

TOTAL EXPENSES $3,991,060

Year-over-Year Comparison

	2023	2022	Change
Revenue	$3,040,924	$3,475,532	-0.1%
Expenses	$3,991,060	$4,102,250	0.0%
Net Income	$-950,136	$-626,718	+0.5%

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

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
PAUL T P HO	DIRECTOR GENERAL, PRESIDEN	1.00	Officer Director	$0	$0	$0
UE-LI PEN	VICE PRESIDENT/DIRECTOR	1.00	Officer Director	$0	$0	$0
GONGBO ZHAO	VICE PRESIDENT/DIRECTOR	1.00	Officer Director	$0	$0	$0
WIPHU RUJOPAKARN	VICE PRESIDENT/DIRECTOR	1.00	Officer Director	$0	$0	$0
YOUNG-DEUK PARK	CHAIR/VICE PRESIDENT	1.00	Officer	$0	$0	$0
JUNICHI NOUMARU	SECRETARY	1.00	Officer	$0	$0	$0
KENTARO MOTOHARA	VICE PRESIDENT/DIRECTOR	1.00	Officer	$0	$0	$0
DANIEL BINTLEY	EAO/JCMT DEPUTY DIR	40.00	Highest	$110,383	$0	$110,383

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	$3,040,924	$3,991,060	$7,669,653	$-950,136
2022	$3,475,532	$4,102,250	$8,947,701	$-626,718
2021	$4,392,710	$5,113,510	$9,717,186	$-720,800
2020	$4,066,648	$5,416,638	$11,055,829	$-1,349,990
2019	$4,504,961	$5,743,564	$11,398,900	$-1,238,603
2018	$4,860,222	$5,904,728	$12,827,191	$-1,044,506