HAI HWA FOUNDATION INC (EIN 752508259) - 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

1994

Legal Domicile

Principal Officer

SHANNON CHEN

Phone

2148828958

Tax Period

2024-01-01 to 2024-12-31

HAI HWA FOUNDATION INC, founded in 1994, is a small nonprofit in the Education sector that reported $185K in total revenue in fiscal year 2024. Revenue grew 10% year-over-year, indicating healthy expansion. Expenses of $168K left a modest 9% surplus.

Mission

PROVIDES EDUCATION IN CHINESE LANGUAGE, CHINESE HISTORY, AND BOTH CHINESE AND AMERICAN CULTURES. PROVIDES COMMUNITY YOUTH LEADERSHIP TO BUILD UP CHINESE YOUTH CONFIDENCE.

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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 $12,009

Program Service Revenue $166,330

Investment Income $5,882

Other Revenue $735

TOTAL REVENUE $184,956

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $168,045

Other Expenses $168,045

TOTAL EXPENSES $168,045

Year-over-Year Comparison

	2024	2023	Change
Revenue	$184,956	$168,034	+0.1%
Expenses	$168,045	$145,556	+0.2%
Net Income	$16,911	$22,478	-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
SHANNON CHEN	CHAIRMAN	6.00	Officer Director	$0	$0	$0
VICTORIA LIEN	DIRECTOR	6.00	Director	$0	$0	$0
ANNIE ZHAO	DIRECTOR	6.00	Director	$0	$0	$0
MARYLIN CAI	DIRECTOR	6.00	Director	$0	$0	$0
ERIC CHEN	DIRECTOR	6.00	Director	$0	$0	$0
FRANK CAI	DIRECTOR	6.00	Director	$0	$0	$0
PJ LEE	SECRETARY	4.00	Officer	$0	$0	$0
SUSAN HU	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
2025	No data	No data	No data	No data
2024	$184,956	$168,045	$500,513	$16,911
2023	$168,034	$145,556	$483,602	$22,478
2022	$10,011	$14,035	$461,124	$-4,024
2021	$1,660	$6,285	$465,148	$-4,625
2020	$3,701	$5,148	$469,773	$-1,447
2019	$242,989	$162,129	$471,220	$80,860
2018	$238,436	$168,600	$390,360	$69,836

HAI HWA FOUNDATION INC