LOS ANGELES CHONG DE CULTURE AND EDUCATION FOUNDATION (EIN 814711491) - 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

SHIH-MING HWANG

Phone

6264467928

Tax Period

2024-01-01 to 2024-12-31

LOS ANGELES CHONG DE CULTURE AND EDUCATION FOUNDATION, founded in 2016, is a community nonprofit in the Religion sector that reported $1.5M in total revenue in fiscal year 2024. Revenue surged 198% from the prior year, signaling strong growth momentum. The organization ran a surplus of $1.4M, a strong 97% operating margin.

Mission

TO PROMOTE SPIRITUALITY CULTURAL AWARENESS AND EDUCATION, TO PROVIDE GUIDANCE TO PEOPLE FOR THE RESTORATION OF THE TRUE NATURE, TO ADVOCATE MORALITY, BENEVOLENCE AND RIGHTEOUSNESS.

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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 $1,197,730

Program Service Revenue $0

Investment Income $258,324

Other Revenue $0

TOTAL REVENUE $1,456,054

Expense Breakdown

Grants Paid $2,384

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $2,384

Other Expenses $44,357

TOTAL EXPENSES $46,741

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,456,054	$488,004	+2.0%
Expenses	$46,741	$40,407	+0.2%
Net Income	$1,409,313	$447,597	+2.1%

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
HENRY CHENG	Director	3.00	Director	$0	$0	$0
LI YU YIO CHOU	Director & CFO	3.00	Officer Director	$0	$0	$0
WEN FAN KUO WINSTON KUO	DIRECTOR & SEC	3.00	Officer Director	$0	$0	$0
JIN-ROU KUO	Director	3.00	Director	$0	$0	$0
CHIA-YEN PENG	Director	3.00	Director	$0	$0	$0
GIT-SIAUW LO	Director	3.00	Director	$0	$0	$0
SHIH-MING HWANG	Director & CEO	3.00	Officer Director	$0	$0	$0
SUHIN T HWANG	Director	3.00	Director	$0	$0	$0
CHIN DA CHEN	Director	3.00	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	$1,456,054	$46,741	$9,513,423	$1,409,313
2023	$488,004	$40,407	$8,104,030	$447,597
2022	$1,933,788	$40,204	$7,656,433	$1,893,584
2021	$596,734	$41,758	$5,759,344	$554,976
2020	$888,917	$51,313	$5,203,873	$837,604

LOS ANGELES CHONG DE CULTURE AND EDUCATION FOUNDATION