PENINSULA CHINESE BUSINESS ASSOCIATION INC (EIN 800552388) - 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

2010

Legal Domicile

Principal Officer

JOHNNY DAROSA

Phone

6502599388

Tax Period

2024-01-01 to 2024-12-31

PENINSULA CHINESE BUSINESS ASSOCIATION INC, founded in 2010, is a micro nonprofit in the Education sector that reported $47K in total revenue in fiscal year 2024. Revenue fell 56% from the prior year — a significant decline worth monitoring. Expenses of $79K exceeded revenue, resulting in a 67% operating deficit.

Mission

TO SUPPORT LOCAL SCHOOLS, COMMUNITY NEEDS, AND CHARITABLE ORGANIZATIONS THROUGH FUNDRAISERS, PLANNED EVENTS AND OTHER ORGANIZED ACTIVITIES.

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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 $53,038

Program Service Revenue $0

Investment Income $0

Other Revenue $-5,718

TOTAL REVENUE $47,320

Expense Breakdown

Grants Paid $53,000

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $73,587

Other Expenses $26,094

TOTAL EXPENSES $79,094

Year-over-Year Comparison

	2024	2023	Change
Revenue	$47,320	$107,079	-0.6%
Expenses	$79,094	$73,122	+0.1%
Net Income	$-31,774	$33,957	-1.9%

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

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
JOHNNY DAROSA	PRESIDENT	2.00	Officer Director	$0	$0	$0
NORMAN IP	VICE PRESIDENT	2.00	Officer Director	$0	$0	$0
ANNIE AU YEUNG	TREASURER	2.00	Officer Director	$0	$0	$0
ANGIE SAM-LEE	SECRETARY	2.00	Officer Director	$0	$0	$0
BARON SUEN	DIRECTOR	1.00	Director	$0	$0	$0
ALLEN LEE	DIRECTOR	1.00	Director	$0	$0	$0
JOE CHEN	DIRECTOR	1.00	Director	$0	$0	$0
FRANCIS NG	DIRECTOR	1.00	Director	$0	$0	$0
SAMMY YIM	DIRECTOR	1.00	Director	$0	$0	$0
JOSEPH KUNG	DIRECTOR	1.00	Director	$0	$0	$0
GOGO WU	DIRECTOR	1.00	Director	$0	$0	$0
BRYAN HU	DIRECTOR	1.00	Director	$0	$0	$0
ERIC YEE	DIRECTOR	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	$47,320	$79,094	$29,338	$-31,774
2023	$107,079	$73,122	$61,112	$33,957
2022	$141,345	$193,357	$27,155	$-52,012
2021	$208,509	$173,034	$79,167	$35,475
2020	$173,919	$169,655	$203,692	$4,264
2019	$235,397	$72,909	$199,428	$162,488

PENINSULA CHINESE BUSINESS ASSOCIATION INC