JUNG TAO SCHOOL OF CLASSICAL CHINE… - 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

1977

Legal Domicile

Phone

8282974181

Tax Period

2024-01-01 to 2024-12-31

JUNG TAO SCHOOL OF CLASSICAL CHINESE MEDICINE, founded in 1977, is a community nonprofit in the Education sector that reported $1.1M in total revenue in fiscal year 2024. Expenses of $1.0M left a modest 8% surplus.

Mission

TO EDUCATE STUDENTS IN THE ART OF CLASSICAL CHINESE MEDICINE AND TO PREPARE THEM FOR PROFESSIONAL PRACTICE AS SKILLED ACUPUNCTURISTS AND HEALTH CARE PROFESSIONALS

Program Service Accomplishments

Program 1

Expenses: $917,084 Revenue: $993,002

PRIMARY ACTIVITY IS A FOUR YEAR DIPLOMA OF ACUPUNCTURE PROGRAM

Program 2

Expenses: $78,742 Revenue: $78,742

THE SCHOOL MAINTAINS AN INTERN CLINIC ON THE PREMISES FOR STUDENT TRAINING. TREATMENTS ARE OFFERED TOTHE PUBLIC AT REDUCED RATES.

Program 3

Expenses: $6,563 Revenue: $6,563

THE SCHOOL OFFERS ADVANCED COURSES FOR CEU/PDA CREDIT

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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 $29,562

Program Service Revenue $1,082,836

Investment Income $16,824

Other Revenue $0

TOTAL REVENUE $1,129,222

Expense Breakdown

Grants Paid $0

Salaries & Benefits $677,447

Fundraising Expenses $0

Program Expenses $1,002,389

Other Expenses $359,564

TOTAL EXPENSES $1,037,011

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,129,222	$1,131,561	0.0%
Expenses	$1,037,011	$922,686	+0.1%
Net Income	$92,211	$208,875	-0.6%

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

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MIKE DENBOW	BOARD MEMBER	2.00	Director	$0	$0	$0
CARRINGTON PERTALION	BOARD MEMBER	2.00	Director	$0	$0	$0
SHAWN ARTHUR	CHAIRMAN	2.00	Officer Director	$0	$0	$0
ERIC KARCHMER	VICE-PRESIDENT	2.00	Officer Director	$0	$0	$0
BURTON MOOMAW	SECRETARY	2.00	Officer Director	$0	$0	$0
YVETTE MILLER	TREASURER	2.00	Officer Director	$0	$0	$0
SHERRI GREEN	PRESIDENT	20.00	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	$1,129,222	$1,037,011	$1,979,911	$92,211
2023	$1,131,561	$922,686	$1,932,418	$208,875
2022	$1,171,581	$862,815	$1,801,737	$308,766
2021	$1,203,439	$938,811	$1,307,787	$264,628
2020	$1,098,926	$812,943	$1,005,197	$285,983
2019	$875,429	$848,877	$728,982	$26,552
2018	$802,132	$778,276	$703,837	$23,856

JUNG TAO SCHOOL OF CLASSICAL CHINESE MEDICINE