Ming Chen Foundation (EIN 814187976) - 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

1916

Legal Domicile

Principal Officer

Ming Chen

Phone

8085318874

Tax Period

2021-01-01 to 2021-12-31

Ming Chen Foundation, founded in 1916, is a small nonprofit in the Education sector that reported $227K in total revenue in fiscal year 2021. Revenue surged 22632% from the prior year, signaling strong growth momentum. The organization ran a surplus of $216K, a strong 95% operating margin.

Mission

To provide scholarship funds to qualified students, medical students, ophtahmic and optometric in training.

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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 (2021)

Revenue Breakdown

Contributions & Grants $200,000

Program Service Revenue $0

Investment Income $27,322

Other Revenue $0

TOTAL REVENUE $227,322

Expense Breakdown

Grants Paid $9,000

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $9,000

Other Expenses $2,141

TOTAL EXPENSES $11,141

Year-over-Year Comparison

	2021	2020	Change
Revenue	$227,322	$1,000	+226.3%
Expenses	$11,141	$5,074	+1.2%
Net Income	$216,181	$-4,074	-54.1%

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

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
Ming Chen	President	001.00	Officer Director	$0	$0	$0
Mindy Mandich	Vice President	001.00	Officer Director	$0	$0	$0
Ronald Young	Treasurer	001.00	Officer Director	$0	$0	$0
Crystal Kahn	Secretary	001.00	Officer Director	$0	$0	$0
Dick Chen	Director	001.00	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
2021	$227,322	$11,141	$232,795	$216,181

Ming Chen Foundation