FRIENDS OF CENTRAL QUEENS ACADEMY INC (EIN 842226583) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

2019

Legal Domicile

Principal Officer

PEI PEI CHENG-DE CASTRO

Phone

7182716200

Tax Period

2024-07-01 to 2025-06-30

FRIENDS OF CENTRAL QUEENS ACADEMY INC, founded in 2019, is a community nonprofit in the Education sector that reported $5.1M in total revenue in fiscal year 2024. Revenue surged 47% from the prior year, signaling strong growth momentum. Expenses of $4.8M left a modest 6% surplus.

Mission

HOLDS THE SCHOOL'S MASTER LEASES WITH THE LANDLORD.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $0

Investment Income $0

Other Revenue $5,061,882

TOTAL REVENUE $5,061,882

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $4,756,263

Other Expenses $4,772,313

TOTAL EXPENSES $4,772,313

Year-over-Year Comparison

	2024	2023	Change
Revenue	$5,061,882	$3,432,090	+0.5%
Expenses	$4,772,313	$3,430,335	+0.4%
Net Income	$289,569	$1,755	+164.0%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

N/A

Volunteers

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
PEI PEI CHENG-DE CASTRO	CHAIR	1.00	Officer Director	$0	$0	$0
BRUCE SABER	SECRETARY	1.00	Officer Director	$0	$0	$0
TINA HU	TRUSTEE	1.00	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
2025	$5,061,882	$4,772,313	$1,002,515	$289,569
2024	$3,432,090	$3,430,335	$500,342	$1,755
2023	$3,072,028	$3,257,890	$488,587	$-185,862
2022	$981,312	$708,865	$328,829	$272,447
2021	$731,277	$695,066	$143,390	$36,211
2020	$662,872	$652,701	$156,101	$10,171

FRIENDS OF CENTRAL QUEENS ACADEMY INC