Mental Health Association For Chinese Communities (EIN 824322450) - 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

2018

Legal Domicile

Principal Officer

Elaine Peng

Tax Period

2023-01-01 to 2023-12-31

Mental Health Association For Chinese Communities, founded in 2018, is a community nonprofit in the Mental Health sector that reported $2.8M in total revenue in fiscal year 2023. Revenue surged 93% from the prior year, signaling strong growth momentum. The organization ran a surplus of $482K, a strong 17% operating margin.

Mission

Mental Health Association for Chinese Communities is a nonprofit organization whose mission is to raise awareness of mental health within the Chinese community through advocacy, education, research, support, and services to represent the wide spectrum of Chinese families.

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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 $2,809,574

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $2,809,574

Expense Breakdown

Grants Paid $0

Salaries & Benefits $1,869,362

Fundraising Expenses $0

Program Expenses $1,804,764

Other Expenses $458,083

TOTAL EXPENSES $2,327,445

Year-over-Year Comparison

	2023	2022	Change
Revenue	$2,809,574	$1,452,171	+0.9%
Expenses	$2,327,445	$1,159,311	+1.0%
Net Income	$482,129	$292,860	+0.6%

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

N/A

Employees

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

$326,456

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Elaine Peng	President	80.00	Officer	$137,896	$0	$137,896
Steven Chen	Vice-President	80.00	Officer	$94,280	$0	$94,280
Carole Wang	Sr Deputy Director	80.00	Officer	$94,280	$0	$94,280
Wilson Qi	Treasurer	2.00	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
2025	No data	No data	No data	No data
2024	No data	No data	No data	No data
2023	No data	No data	No data	No data
2023	$2,809,574	$2,327,445	$1,000,134	$482,129
2022	No data	No data	No data	No data
2022	$1,452,171	$1,159,311	$471,943	$292,860
2021	$883,451	$920,702	$109,284	$-37,251
2020	$284,143	$252,728	$100,549	$31,415
2020	$286,317	$247,917	$114,169	$38,400

Mental Health Association For Chinese Communities