Redwood Empire Chinese Association (EIN 680176294) - 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

1996

Legal Domicile

Principal Officer

Nancy Wang

Phone

7073213455

Tax Period

2024-01-01 to 2024-12-31

Redwood Empire Chinese Association, founded in 1996, is a micro nonprofit in the Arts, Culture & Humanities sector that reported $57K in total revenue in fiscal year 2024. Revenue decreased 14% compared to the prior year. The organization ran a surplus of $11K, a strong 19% operating margin.

Mission

The Redwood Empire Chinese Association (RECA) is a non-profit organization with the purpose of providing educational and charitable services related to the preservation and sharing of Chinese culture, language, and heritage with the Northern California community.

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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 $15,912

Program Service Revenue $0

Investment Income $40,950

Other Revenue $0

TOTAL REVENUE $56,862

Expense Breakdown

Grants Paid $7,589

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $23,340

Other Expenses $38,449

TOTAL EXPENSES $46,038

Year-over-Year Comparison

	2024	2023	Change
Revenue	$56,862	$66,280	-0.1%
Expenses	$46,038	$52,337	-0.1%
Net Income	$10,824	$13,943	-0.2%

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

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
Nancy Wang	President	40.00	Officer	$0	$0	$0
David Cheung	Vice President	20.00	Officer	$0	$0	$0
Reed Walker	Treasurer	10.00	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	$56,862	$46,038	$1,397,519	$10,824
2023	$66,280	$52,337	$1,386,695	$13,943
2022	$19,625	$84,192	$1,372,752	$-64,567
2021	$21,865	$83,758	$1,437,319	$-61,893
2020	$54,519	$50,200	$1,499,212	$4,319
2019	$59,701	$45,331	$1,494,893	$14,370
2018	$65,256	$52,096	$1,480,523	$13,160

Redwood Empire Chinese Association