CHINESE ASSOCIATION OF SALINAS

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1936

Legal Domicile

Phone

8317583936

Tax Period

2024-01-01 to 2024-12-31

CHINESE ASSOCIATION OF SALINAS, founded in 1936, is a micro nonprofit in the Arts, Culture & Humanities sector that reported $52K in total revenue in fiscal year 2024. Revenue surged 29% from the prior year, signaling strong growth momentum. The organization ran a surplus of $33K, a strong 64% operating margin.

Mission

THE MISSION OF THE CHINESE ASSOCIATION OF SALINAS IS TO LEAD AND REPRESENT THE CHINESE COMMUNITY IN VARIOUS CITYWIDE EVENTS AND PROJECTS; TO PROVIDE FOR THE WELFARE AND HAPPINESS OF THE CHINESE COMMUNITY BY SPONSORING AND SUPPORTING NONPROFIT ACTIVITIES THAT FOSTER FRIENDSHIP, FAMILY VALUES, CHINESE TRADITIONS, CULTURAL HERITAGE, CHARITY, AND GOODWILL; TO OPERATE AND MAINTAIN A CHINESE SCHOOL FOR EDUCATING AND INSTRUCTING SALINAS AREA CHINESE CHILDREN; AND TO MAINTAIN THE CHINESE CEMETERY FOR HONORING OUR ANCESTORS.

Program Service Accomplishments

Program 1

Expenses: $16,723

PROGRAM SERVICES INCLUDE THE EDUCATION, INSTRUCTION AND WELFARE PROMOTION OF CHINESE CHILDREN WITHIN SALINAS AND THE LOCAL VICINTY. THIS INCLUDES EXPOSURE TO CHINESE HERITAGE, CULTURAL EVENTS AND...

PROGRAM SERVICES INCLUDE THE EDUCATION, INSTRUCTION AND WELFARE PROMOTION OF CHINESE CHILDREN WITHIN SALINAS AND THE LOCAL VICINTY. THIS INCLUDES EXPOSURE TO CHINESE HERITAGE, CULTURAL EVENTS AND HOLIDAYS AS WELL AS INSTRUCTION IN CHINESE LANGUAGE SKILLS (MANDARIN & CANTONESE).

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $19,856

Program Service Revenue $0

Investment Income $8,448

Other Revenue $24,125

TOTAL REVENUE $52,429

Expense Breakdown

Grants Paid $3,640

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $17,721

Other Expenses $15,331

TOTAL EXPENSES $18,971

Year-over-Year Comparison

	2024	2023	Change
Revenue	$52,429	$40,650	+0.3%
Expenses	$18,971	$29,176	-0.3%
Net Income	$33,458	$11,474	+1.9%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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
CLARA CHAN	TREASURER	27.00	Officer Director	$0	$0	$0
ESMOND CHAN	ASST SEC / S	15.00	Officer Director	$0	$0	$0
WES CHAN	DIRECTOR	25.00	Director	$0	$0	$0
CANDICE CHIN	DIRECTOR	12.00	Director	$0	$0	$0
FLORA CHONG	SECRETARY	20.00	Officer Director	$0	$0	$0
YING ZHAO DU	DIRECTOR	0.00	Director	$0	$0	$0
ALBERT FONG	IMMED PAST P	26.00	Officer Director	$0	$0	$0
N/A	FINANCIAL SE	18.00	Officer Director	$0	$0	$0
KWOK W GONG	PRESIDENT	14.00	Officer Director	$0	$0	$0
JULIA JIN	DIRECTOR	9.00	Director	$0	$0	$0
CHIU LEE	DIRECTOR	9.00	Director	$0	$0	$0
LOUIS LEE	BUILDING COM	15.00	Officer Director	$0	$0	$0
SHIRLEY LEE	DIRECTOR	6.00	Director	$0	$0	$0
WANDA LEE	DIRECTOR	12.00	Director	$0	$0	$0
WELLINGTON LEE	PAST PRES -	0.00	Director	$0	$0	$0
LINDA LOW	COLLECTOR @	18.00	Officer Director	$0	$0	$0
SHERMAN LOW	BUILDING COM	20.00	Officer Director	$0	$0	$0
JOYCE LOWE	DIRECTOR	8.00	Director	$0	$0	$0
PETER MEI	DIRECTOR	6.00	Director	$0	$0	$0
JOHN OW	DIRECTOR	4.00	Director	$0	$0	$0
ANDREW TAM	DIRECTOR	6.00	Director	$0	$0	$0
HERBERT WONG	VP BUILDING	26.00	Officer Director	$0	$0	$0
MICHELLE XU	DIRECTOR	8.00	Director	$0	$0	$0
STAN CHAN	DIREICTOR	20.00	Director	$0	$0	$0
HENRY GONG	DIRECTOR	6.00	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	$52,429	$18,971	$574,040	$33,458
2023	$40,650	$29,176	$540,582	$11,474
2022	$45,209	$21,075	$529,109	$24,134
2021	$24,191	$12,271	$505,575	$11,920
2020	$21,267	$12,253	$493,054	$9,014
2019	$59,480	$31,780	$484,117	$27,700
2018	$57,705	$34,808	$456,417	$22,897