CHINESE BUSINESS ASSOCIATION OF NE… - Form 990 Financial Data

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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

Principal Officer

GEORGE XU

Phone

3478044551

Tax Period

2023-05-01 to 2024-04-30

CHINESE BUSINESS ASSOCIATION OF NEW YORK INC, founded in 2015, is a small nonprofit in the Human Services sector that reported $247K in total revenue in fiscal year 2023. The organization ran a surplus of $230K, a strong 93% operating margin.

Mission

TO PROVIDE THE COMMUNITY WITH THE LEARNING TOOLS TO ADAPT TO AMERICAN LIFE STYLE.TO ENHANCE THE COMMUNITY AND MEMBERS TO UNDERSTAND LIVING IN AMERICA.

Program Service Accomplishments

Program 1

Expenses: $15,588

TO PROVIDE THE COMMUNITY WITH THE LEARNING TOOLS TO ADAPT TO AMERICAN LIFE STYLE.TO ENHANCE THE COMMUNITY AND MEMBERS TO UNDERSTAND LIVING IN AMERICA.

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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 (2023)

Revenue Breakdown

Contributions & Grants $246,925

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $246,925

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $15,588

Other Expenses $17,374

TOTAL EXPENSES $17,374

Year-over-Year Comparison

	2023	2022	Change
Revenue	$246,925	N/A	N/A
Expenses	$17,374	N/A	N/A
Net Income	$229,551	N/A	N/A

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

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	Role	Reportable Comp	Other Comp	Total
GEORGE XU	Vice President	Director	$0	$0	$0
CHRIS XU	President	Director	$0	$0	$0
SUNNY SUN	COO	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
2026	No data	No data	No data	No data
2024	$246,925	$17,374	$422,588	$229,551
2020	$138,283	$148,252	$117,866	$-9,969

CHINESE BUSINESS ASSOCIATION OF NEW YORK INC