CHINESE BUSINESS ASSOCIATION OF NEW YORK INC

EIN: 473574238 501(c)(3) Human Services

FLUSHING, NY

Total Revenue
$246,925
Total Expenses
$17,374
Total Assets
$422,588
Net Assets
$422,588
🔒

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

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
2015
Legal Domicile
NY
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.

🔒

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%)

Sign In — Free (10 views/day)

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
🔒

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

Sign In

Governance

Voting Members
3
Independent Members
N/A
Employees
N/A
Volunteers
10

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
0
$0
Total Directors
3
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
GEORGE XU Vice President 0.00
Director
$0 $0 $0
CHRIS XU President 0.00
Director
$0 $0 $0
SUNNY SUN COO 0.00
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
2024 $246,925 $17,374 $422,588 $229,551
2020 $138,283 $148,252 $117,866 $-9,969
Explore More Nonprofits
→Top 100 Nonprofits in New York →Largest U.S. Nonprofits →Best Rated Nonprofits →Most Efficient Nonprofits

Compare CHINESE BUSINESS ASSOCIATION OF NEW YORK INC with other nonprofits in New York and across the country.

We Value Your Privacy
We use cookies and similar technologies to analyze site traffic and improve your experience. By clicking "Accept All", you consent to our use of cookies for analytics and measurement.