LIGHT AND SALT ASSOCIATION (EIN 760604950) - 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

1997

Legal Domicile

Phone

7139884724

Tax Period

2024-01-01 to 2024-12-31

LIGHT AND SALT ASSOCIATION, founded in 1997, is a community nonprofit in the Human Services sector that reported $1.9M in total revenue in fiscal year 2024. Revenue surged 21% from the prior year, signaling strong growth momentum. Expenses of $1.8M left a modest 9% surplus.

Mission

(1) CANCER: OFFER CANCER EDUCATION, EARLY DETECTION, AND SUPPORT IN GREATER HOUSTON AREA;(2) SPECIAL NEED: PROVIDE SERVICES FOR CHILDREN, ADULTS, AND FAMILIES WITH SPECIAL NEEDS;(3) NAVIGATOR: SUPPORT LOW INCOME PEOPLE TO PURCHASE INSURANCE THROUGH MARKETPLACE (AFFORDABLE CARE ACT);(4) RADIO: SPREAD KNOWLEDGE AND PROVIDE EDUCATION THROUGH RADIO BROADCASTING;(5) OTHER: CHARITY DONATION AND GRANT;(6) CLINIC: BUILD AND RUN A MEDICAL CLINIC TO SERVE LOW INCOME PEOPLE.

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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 $1,908,325

Program Service Revenue $0

Investment Income $40,103

Other Revenue $0

TOTAL REVENUE $1,948,428

Expense Breakdown

Grants Paid $0

Salaries & Benefits $788,816

Fundraising Expenses $0

Program Expenses $1,772,890

Other Expenses $984,253

TOTAL EXPENSES $1,773,069

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,948,428	$1,613,341	+0.2%
Expenses	$1,773,069	$1,413,283	+0.3%
Net Income	$175,359	$200,058	-0.1%

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

$114,969

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
HELEN SUN	Executive Dir.	40.00	Officer	$114,969	$0	$114,969
CHARLES YUAN	BOARD MEMBER	2.00	Director	$0	$0	$0
FUR-JEN DENG	Chairman	2.00	Director	$0	$0	$0
WILLIAM SUN	BOARD MEMBER	2.00	Director	$0	$0	$0
JINPING FAN	BOARD MEMBER	1.00	Director	$0	$0	$0
RON LIU	BOARD MEMBER	2.00	Director	$0	$0	$0
YOUFENG LI	Treasurer	1.00	Director	$0	$0	$0
LONG HWANG	VICE CHAIRMAN	1.00	Director	$0	$0	$0
WEN TU	Secretary	1.00	Director	$0	$0	$0
JIAN YANG	BOARD MEMBER	1.00	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
2024	$1,948,428	$1,773,069	$2,602,117	$175,359
2023	$1,613,341	$1,413,283	$3,033,790	$200,058
2022	$1,639,715	$1,326,791	$2,698,728	$312,924
2021	$1,383,204	$1,130,179	$2,443,620	$253,025
2020	$1,041,620	$793,949	$1,513,988	$247,671
2019	$1,109,102	$686,597	$1,255,798	$422,505
2018	$1,149,226	$749,798	$833,292	$399,428

LIGHT AND SALT ASSOCIATION