SERICA INITIATIVE INC (EIN 825076065) - 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

ANLA CHENG

Phone

2128617751

Tax Period

2024-04-01 to 2025-03-31

SERICA INITIATIVE INC, founded in 2018, is a small nonprofit in the Arts, Culture & Humanities sector that reported $719K in total revenue in fiscal year 2024. Revenue surged 88% from the prior year, signaling strong growth momentum.

Mission

THE SERICA INITIATIVE INC. AMPLIFIES THE IMPACT OF THE ASIAN DIASPORA IN AMERICA THROUGH STORYTELLING, EMPOWERING AND CONVENING.

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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 $200,743

Program Service Revenue $510,946

Investment Income $6,854

Other Revenue $0

TOTAL REVENUE $718,543

Expense Breakdown

Grants Paid $0

Salaries & Benefits $344,257

Fundraising Expenses $0

Program Expenses $210,291

Other Expenses $423,540

TOTAL EXPENSES $767,797

Year-over-Year Comparison

	2024	2023	Change
Revenue	$718,543	$383,152	+0.9%
Expenses	$767,797	$324,239	+1.4%
Net Income	$-49,254	$58,913	-1.8%

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
ANLA CHENG	CEO & BOARD CHAIR	40.00	Officer Director	$0	$0	$0
LISA LIM	VICE PRESIDENT	2.00	Officer	$0	$0	$0
SHU LI	SECRETARY	2.00	Officer	$0	$0	$0
CLARENCE KWAN	CO-TREASURER	2.00	Officer	$0	$0	$0
KAREN MU	CO-TREASURER	2.00	Officer	$0	$0	$0
CHARLOTTE ACKERT	BOARD MEMBER	2.00	Officer	$0	$0	$0
SUJUAN BA	BOARD MEMBER	2.00	Officer	$0	$0	$0
EDEN CAI	BOARD MEMBER	2.00	Officer	$0	$0	$0
FRANK WU	BOARD MEMBER	2.00	Officer	$0	$0	$0
ANDREA LOUIE	EXECUTIVE DIRECTOR	40.00	Highest	$124,733	$0	$124,733

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	$718,543	$767,797	$223,843	$-49,254
2024	$383,152	$324,239	$289,888	$58,913
2023	$249,322	$180,513	$253,815	$68,809

SERICA INITIATIVE INC