US CHINA INNOVATION ALLIANCE

EIN: 810827263 501(c)(3) Education

HOUSTON, TX

Total Revenue
$585,260
Total Expenses
$648,650
Total Assets
$169,764
Net Assets
$162,945
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2015
Legal Domicile
TX
Phone
7133579513
Tax Period
2019-01-01 to 2019-12-31

US CHINA INNOVATION ALLIANCE, founded in 2015, is a small nonprofit in the Education sector that reported $585K in total revenue in fiscal year 2019. Revenue decreased 9% compared to the prior year. Expenses of $649K exceeded revenue, resulting in a 11% operating deficit.

Mission

The U.S.-China Innovation Alliance (UCIA) is a non-profit 501(c)(3) tax-exempt organization that promotes innovation through the exchange of ideas and collaboration between the United States and China. We organize the annual U.S.-China Innovation and Investment Summit (UCIS) in Houston, In 2018, we launched the InnoSTARS Competition, which allows growth-stage technology companies in five core industry areas to compete for the chance to win attendance to UCIS

Program Service Accomplishments

Program 1
Expenses: $183,239 Revenue: $163,681

In 2018, we launched the InnoSTARS Competition, which allows growth-stage technology companies in five core industry areas to compete for the chance to win attendance to UCIS as well as an...

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In 2018, we launched the InnoSTARS Competition, which allows growth-stage technology companies in five core industry areas to compete for the chance to win attendance to UCIS as well as an all-expenses paid roadshow to China, where they will have an opportunity to showcase their business and products to a wide audience of qualified potential investors and relevant partners. The UCIA also organizes roadshows to bring innovative US technology companies to China for B2B matchmaking and provides other services to help US-based companies connect with complimentary Chinese resources.

Program 2
Expenses: $325,756 Revenue: $296,579

In 2018,we hosted the US China and Investment Summit (UCIS). The summit provides a unique opportunity for US-based technology companies to connect with investors, strategic partners, leading...

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In 2018,we hosted the US China and Investment Summit (UCIS). The summit provides a unique opportunity for US-based technology companies to connect with investors, strategic partners, leading incubators/accelerators, and professional service firms from China. This is the platform for companies to leverage significant resources from China to accelerate their growth an dexpand their market potential.

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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 (2019)

Revenue Breakdown

Contributions & Grants $125,000
Program Service Revenue $460,260
Investment Income $0
Other Revenue $0
TOTAL REVENUE $585,260

Expense Breakdown

Grants Paid $0
Salaries & Benefits $211,956
Fundraising Expenses $0
Program Expenses $508,995
Other Expenses $436,694
TOTAL EXPENSES $648,650

Year-over-Year Comparison

2019 2018 Change
Revenue $585,260 $643,017 -0.1%
Expenses $648,650 $612,851 +0.1%
Net Income $-63,390 $30,166 -3.1%
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

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Governance

Voting Members
10
Independent Members
10
Employees
7
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
0
$0
Total Directors
10
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
CHARLES FOSTER DIRECTOR 1.00
Director
$0 $0 $0
YING MCGUIRE DIRECTOR 20.00
Director
$0 $0 $0
SETH WILLIAMS DIRECTOR 1.00
Director
$0 $0 $0
XINXIN LI DIRECTOR 1.00
Director
$0 $0 $0
SHAUTONG SONG DIRECTOR 1.00
Director
$0 $0 $0
WENSHENG WU DIRECTOR 1.00
Director
$0 $0 $0
JOHN ZHANG DIRECTOR 1.00
Director
$0 $0 $0
GUOCHENG WANG DIRECTOR 1.00
Director
$0 $0 $0
HONGXING TAN DIRECTOR 1.00
Director
$0 $0 $0
QING LIU 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
2019 $585,260 $648,650 $169,764 $-63,390
2018 $643,017 $612,851 $432,167 $30,166
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