PANDA CARES FOUNDATION INC (EIN 812094929) - 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

2016

Legal Domicile

Principal Officer

WINNIE CHAN

Phone

6263728205

Tax Period

2023-01-01 to 2023-12-31

PANDA CARES FOUNDATION INC, founded in 2016, is a mid-sized nonprofit in the Education sector that reported $51.7M in total revenue in fiscal year 2023. Revenue grew 9% year-over-year, indicating healthy expansion. Expenses of $48.8M left a modest 6% surplus.

Mission

BRINGS HOPE & SERVES UNDERSERVED YOUTH HEALTH/EDUCATION NEEDS & FOSTERS SPIRIT OF GIVING. PANDA CARES BRINGS HOPE TO YOUTH IN NEED. OUR PURPOSE IS TO SERVE THE HEALTH AND EDUCATION NEEDS OF UNDERSERVED YOUTH AND TO FOSTER THE SPIRIT OF GIVING. AMONG OTHER THINGS, PANDA CARES FOUNDATION, INC. PLACES COLLECTION BOXES AT PANDA EXPRESS RESTAURANTS IN VARIOUS STATES, IN WHICH CUSTOMERS ARE ENCOURAGED TO DONATE THEIR CHANGE.

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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 (2023)

Revenue Breakdown

Contributions & Grants $50,260,915

Program Service Revenue $0

Investment Income $1,402,686

Other Revenue $0

TOTAL REVENUE $51,663,601

Expense Breakdown

Grants Paid $47,179,098

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $48,624,505

Other Expenses $1,626,125

TOTAL EXPENSES $48,805,223

Year-over-Year Comparison

	2023	2022	Change
Revenue	$51,663,601	$47,491,935	+0.1%
Expenses	$48,805,223	$48,041,939	+0.0%
Net Income	$2,858,378	$-550,004	-6.2%

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
ANDREW JIN-CHAN CHERNG	DIRECTOR	1.00	Officer Director	$0	$0	$0
PEGGY TSIANG CHERNG	PRES. & TREAS. & DIREC.	2.00	Officer Director	$0	$0	$0
DENNIS BURKE	DIRECTOR	4.00	Director	$0	$0	$0
WINNIE CHAN	SECRETARY	25.00	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
2024	No data	No data	No data	No data
2023	$51,663,601	$48,805,223	$39,685,341	$2,858,378
2022	$47,491,935	$48,041,939	$36,826,962	$-550,004
2021	$45,451,718	$53,197,913	$37,372,072	$-7,746,195
2020	$41,141,985	$45,090,096	$44,633,071	$-3,948,111

PANDA CARES FOUNDATION INC