PROFESSIONAL BUSINESS COLLEGE INC

EIN: 743095284 501(c)(3)

FLUSHING, NY

Total Revenue
N/A
Total Expenses
$224
Total Assets
N/A
Net Assets
N/A
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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

Legal Domicile
NY
Principal Officer
HOWARD LEE
Phone
7189395100
Tax Period
2021-01-01 to 2021-12-31

Mission

OPERATING 2 YEAR COLLEGE

Program Service Accomplishments

Program 1

OFFERS A 2 YEAR COLLEGE DEGREE IN BUSINESS RELATED PROGRAMS. THE PROGRAMS ARE APPROVED AND ACCREDITATED BY THE NEW YORK STATE BOARD OF REGENTS. JOB COUNSELING AND JOB PLACEMENT SERVICES ARE PROVIDED...

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OFFERS A 2 YEAR COLLEGE DEGREE IN BUSINESS RELATED PROGRAMS. THE PROGRAMS ARE APPROVED AND ACCREDITATED BY THE NEW YORK STATE BOARD OF REGENTS. JOB COUNSELING AND JOB PLACEMENT SERVICES ARE PROVIDED TO ALL THE STUDENTS.

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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 (2021)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $0

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Other Expenses $224
TOTAL EXPENSES $224

Year-over-Year Comparison

2021 2020 Change
Revenue N/A $40 -1.0%
Expenses $224 $22,979 -1.0%
Net Income N/A $-22,939 N/A
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

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Governance

Voting Members
4
Independent Members
3
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
2
$0
Total Directors
4
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
PAULINE CHU BOARD MEMBER N/A
Director
$0 $0 $0
HOWARD LEE VICE PRESIDE N/A
Officer Director
$0 $0 $0
SHANG LEE SECRETARY N/A
Officer Director
$0 $0 $0
RICHARD LEUNG BOARD MEMBER N/A
Director
$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
2021 No data $224 No data No data
2020 $40 $22,979 $224 $-22,939
2019 No data $127,738 $1,792,930 No data
2018 No data $228,791 $1,642,417 No data
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