ABUNDANT EDUCATION

EIN: 832417506 501(c)(3) Education

San Jose, CA

Total Revenue
$511,956
Total Expenses
$534,939
Total Assets
$145,533
Net Assets
$139,701
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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
CA
Principal Officer
Fan Lu
Phone
5107394284
Tax Period
2024-10-01 to 2025-09-30

ABUNDANT EDUCATION, founded in 2018, is a small nonprofit in the Education sector that reported $512K in total revenue in fiscal year 2024. Revenue grew 18% year-over-year, indicating healthy expansion.

Mission

Promote equality in education; support inner character building, outward professional training and bilingual programs; set up schools so every child and person has opportunity to be educated.

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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%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $10,545
Program Service Revenue $498,198
Investment Income $3,213
Other Revenue $0
TOTAL REVENUE $511,956

Expense Breakdown

Grants Paid $6,000
Salaries & Benefits $416,041
Fundraising Expenses $0
Program Expenses $534,939
Other Expenses $112,898
TOTAL EXPENSES $534,939

Year-over-Year Comparison

2024 2023 Change
Revenue $511,956 $433,979 +0.2%
Expenses $534,939 $379,010 +0.4%
Net Income $-22,983 $54,969 -1.4%
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

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Governance

Voting Members
3
Independent Members
3
Employees
14
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
2
$166,300
Total Directors
3
$166,300
Key Employees
0
$0
Highest Compensated
1
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Anny Chang Teacher 40
Highest
$120,000 $0 $120,000
Fan Lu CEO 30
Officer Director
$118,800 $0 $118,800
Zhiqian Wu Secretary 20
Officer Director
$47,500 $0 $47,500
Maggie Huang CFO 2
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
2025 $511,956 $534,939 $145,533 $-22,983
2024 $433,979 $379,010 $171,777 $54,969
2023 $282,692 $238,905 $113,215 $43,787
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