The National Cheng Kung University North America Alumni Foudation Inc

EIN: 521975186 501(c)(3) Education

Gaithersburg, MD

Total Revenue
$1,899,125
Total Expenses
$2,065,934
Total Assets
$1,364,632
Net Assets
$1,364,632
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1996
Legal Domicile
MD
Principal Officer
Pochang Hsu
Phone
3012511020
Tax Period
2023-01-01 to 2023-12-31

The National Cheng Kung University North America Alumni Foudation Inc, founded in 1996, is a community nonprofit in the Education sector that reported $1.9M in total revenue in fiscal year 2023. Revenue surged 173% from the prior year, signaling strong growth momentum.

Mission

The "Nova Scholar Scholarship Program" launched by the Foundation gathers scholarships donated by alumni and provides a subsidy of up to $20,000 per winner. The goal of this plan is to fund outstanding college students to go abroad for further study, and to cultivate the next generation of outstanding talents with the following seven core qualities - "imagination", "agility", "learning", "wisdom", "curiosity", "vision and goodness". Encourage them to uphold the spirit of bravery and innovation, go abroad for exchange and study, participate in international conferences to publish papers or study abroad, and cultivate an international outlook.

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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 (2023)

Revenue Breakdown

Contributions & Grants $1,856,691
Program Service Revenue $0
Investment Income $42,434
Other Revenue $0
TOTAL REVENUE $1,899,125

Expense Breakdown

Grants Paid $2,055,500
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $2,055,500
Other Expenses $10,434
TOTAL EXPENSES $2,065,934

Year-over-Year Comparison

2023 2022 Change
Revenue $1,899,125 $696,476 +1.7%
Expenses $2,065,934 $227,227 +8.1%
Net Income $-166,809 $469,249 -1.4%
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

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Liquidity & Cash Position

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Governance

Voting Members
13
Independent Members
13
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
3
$0
Total Directors
13
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Mou-Ying Fulu Director 4.00
Director
$0 $0 $0
Pochang Hsu President 4.00
Officer Director
$0 $0 $0
Shousun Chen Director 1.00
Director
$0 $0 $0
Michael Yu Director 1.00
Director
$0 $0 $0
Jesse Chen Director 1.00
Director
$0 $0 $0
Victor Wang Director 4.00
Director
$0 $0 $0
Li-Min Lee Chairman 4.00
Director
$0 $0 $0
William Yeh Director 2.00
Director
$0 $0 $0
Jay Lin Director 2.00
Director
$0 $0 $0
Fong-Chin Su Director 1.00
Director
$0 $0 $0
C Hwa Chang Director 3.00
Director
$0 $0 $0
Tim Cheng Director 1.00
Director
$0 $0 $0
Alven Lam Director 2.00
Director
$0 $0 $0
Sharon Hsieh Secretary 4.00
Officer
$0 $0 $0
Grace Chiu Chen Treasurer 6.00
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
2024 No data No data No data No data
2023 $1,899,125 $2,065,934 $1,364,632 $-166,809
2022 $696,476 $227,227 $1,239,353 $469,249
2021 $376,023 $249,189 $1,126,550 $126,834
2020 $236,120 $196,974 $999,689 $39,146
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