BUSINESSMEN CARE FOUNDATION

EIN: 473476913 501(c)(3) Religion

IRVINE, CA

Total Revenue
$203,444
Total Expenses
$104,361
Total Assets
$326,508
Net Assets
$326,508
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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
2015
Legal Domicile
CA
Principal Officer
XINYU QIAN
Phone
9497351003
Tax Period
2020-01-01 to 2020-12-31

BUSINESSMEN CARE FOUNDATION, founded in 2015, is a small nonprofit in the Religion sector that reported $203K in total revenue in fiscal year 2020. Revenue fell 39% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $99K, a strong 49% operating margin.

Mission

THIS IS A RELIGIOUS AND EDUCATIONAL ORGANIZATION THAT AIMS TO PROVIDES SPIRITUAL WELLBEING AND STRENGTHEN FAMILY BY PROVIDING SEMINARS

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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 (2020)

Revenue Breakdown

Contributions & Grants $3,400
Program Service Revenue $0
Investment Income $44
Other Revenue $200,000
TOTAL REVENUE $203,444

Expense Breakdown

Grants Paid $0
Salaries & Benefits $58,800
Fundraising Expenses $0
Program Expenses $104,361
Other Expenses $45,561
TOTAL EXPENSES $104,361

Year-over-Year Comparison

2020 2019 Change
Revenue $203,444 $331,883 -0.4%
Expenses $104,361 $207,978 -0.5%
Net Income $99,083 $123,905 -0.2%
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
N/A
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
4
$42,000
Total Directors
3
$42,000
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
CHARLIE ZHANG PRESIDENT N/A
Officer Director
$0 $0 $0
SHENG-TAI DAVID WANG TREASURER N/A
Officer Director
$0 $0 $0
XINYU QIAN SECRETARY N/A
Officer Director
$42,000 $0 $42,000
PETER KAO VICE 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
2020 $203,444 $104,361 $326,508 $99,083
2019 $331,883 $207,978 $209,926 $123,905
2018 $25,530 $144,501 $86,021 $-118,971
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