Wealth By Health Steps For Change Foundation (EIN 474646952) - Form 990 Financial Analysis & Trantor Score

🔒

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

2015

Legal Domicile

Principal Officer

Kevin IP

Phone

8889969985

Tax Period

2023-01-01 to 2023-12-31

Wealth By Health Steps For Change Foundation, founded in 2015, is a small nonprofit in the Human Services sector that reported $404K in total revenue in fiscal year 2023. Revenue surged 32% from the prior year, signaling strong growth momentum. Expenses of $384K left a modest 5% surplus.

Mission

Wealth By Health Steps for Change Foundation aims to enhance the lives of the underprivileged in the hopes of creating a path towards a brighter future.

🔒

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 $397,738

Program Service Revenue $0

Investment Income $6,065

Other Revenue $0

TOTAL REVENUE $403,803

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $296,554

Other Expenses $383,901

TOTAL EXPENSES $383,901

Year-over-Year Comparison

	2023	2022	Change
Revenue	$403,803	$306,322	+0.3%
Expenses	$383,901	$243,224	+0.6%
Net Income	$19,902	$63,098	-0.7%

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

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	Hours/Week	Role	Reportable Comp	Other Comp	Total
Kevin IP	CEO, Secretary	30.00	Officer	$0	$0	$0
Chong Le	COO	40.00	Officer	$0	$0	$0
Yung H Ta	CFO	40.00	Officer	$0	$0	$0
Hong Zheng	Director	8.00	Officer	$0	$0	$0
Pao Lien Chang	Director	8.00	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
2023	$403,803	$383,901	$348,160	$19,902
2022	$306,322	$243,224	$338,203	$63,098
2021	$316,648	$294,398	$297,469	$22,250
2020	$222,044	$207,938	$25,893	$14,106

Wealth By Health Steps For Change Foundation