WASHINGTON SCHOOL OF CHINESE LANGUAGE & CULTURE (EIN 521448231) - Form 990 Financial Analysis & Trantor Score

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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

1986

Legal Domicile

Principal Officer

IVAN KAICHI CHEN

Phone

5712014266

Tax Period

2024-09-01 to 2025-08-31

WASHINGTON SCHOOL OF CHINESE LANGUAGE & CULTURE, founded in 1986, is a small nonprofit in the Arts, Culture & Humanities sector that reported $172K in total revenue in fiscal year 2024. Revenue grew 12% year-over-year, indicating healthy expansion. Expenses of $164K left a modest 4% surplus.

Mission

WSCLC PROVIDES CHINESE LANGUAGE & CULTURE CLASSES ON SUNDAYS DURING SCHOOL YEAR. CLASSES LAST FOR 2.5 HOURS FROM 2:00 PM TO 4:30 PM, INCLUDING BOTH LANGUAGE AND CULTURE FOCUS.

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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 (2024)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $150,470

Investment Income $20,624

Other Revenue $900

TOTAL REVENUE $171,994

Expense Breakdown

Grants Paid $0

Salaries & Benefits $11,900

Fundraising Expenses $0

Program Expenses $164,371

Other Expenses $152,471

TOTAL EXPENSES $164,371

Year-over-Year Comparison

	2024	2023	Change
Revenue	$171,994	$152,991	+0.1%
Expenses	$164,371	$186,634	-0.1%
Net Income	$7,623	$-33,643	-1.2%

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

Governance

Voting Members

Independent Members

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

$1,500

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
DANNY SHIHYANG LIU	VICE DIR OF ACADEMIC AFFAIRS	6.00	Officer	$1,000	$0	$1,000
IVAN KAI-CHI CHEN	TREASURER AND CONTRACTOR	4.00	Officer	$500	$0	$500
MEI-LING CHENG	BOARD MEMBER	1.00	Director	$0	$0	$0
YUCHI HUANG	BOARD MEMBER	1.00	Director	$0	$0	$0
DAVID LEE	BOARD MEMBER	1.00	Director	$0	$0	$0
VICKY HUANG	BOARD MEMBER	1.00	Director	$0	$0	$0
JENNIFER LEE	CHAIRPERSON OF THE BOARD	5.00	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
2025	$171,994	$164,371	$853,322	$7,623
2024	$152,991	$186,634	$775,650	$-33,643
2023	$140,089	$160,831	$497,336	$-20,742
2022	$141,952	$144,899	$562,193	$-2,947

WASHINGTON SCHOOL OF CHINESE LANGUAGE & CULTURE