CHINESE AMERICAN CHAMBER OF COMMERC (EIN 842227725) - 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

2019

Legal Domicile

Principal Officer

STEVEN J ZENG

Phone

9524520792

Tax Period

2024-01-01 to 2024-12-31

CHINESE AMERICAN CHAMBER OF COMMERC, founded in 2019, is a small nonprofit in the Community Improvement sector that reported $917K in total revenue in fiscal year 2024. Revenue fell 61% from the prior year — a significant decline worth monitoring.

Mission

EXEMPT STATEMENT OF ACHIEVEMENT AND PURPOSE: THE CHINESE AMERICAN CHAMBER OF COMMERCE, MN IS A NON-PROFIT ORGANIZATION ESTABLISHED BY THE US GOVENMENT AND AIMED AT CHINESE PEOPLE IN MINNESOTA AND BEYOND. THE MISSION OF THE CHAMBER OF COMMERCE IS TO PROVIDE SERVICES TO CHINESE BUSINESSMEN IN THE UNITED STATES, SAFEGUARD THE LEGITMATE RIGHTS AND INTERESTS OF CHINESE BUSINESSMEN, ESTABLISH A BUSINESS PLATFORM, AND PLAY A ROLE AS A BRIDGE AND LINK TO PROMOTE THE DEVELOPMENT OF US-CHINA TRADE RELATIONS AND EXCHANGES BETWEEN ENTERPRISES.

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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 $914,965

Program Service Revenue $0

Investment Income $2,092

Other Revenue $0

TOTAL REVENUE $917,057

Expense Breakdown

Grants Paid $0

Salaries & Benefits $148,100

Fundraising Expenses $0

Program Expenses $932,195

Other Expenses $813,795

TOTAL EXPENSES $961,895

Year-over-Year Comparison

	2024	2023	Change
Revenue	$917,057	$2,335,834	-0.6%
Expenses	$961,895	$2,319,004	-0.6%
Net Income	$-44,838	$16,830	-3.7%

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

$40,400

Total Directors

$40,400

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
XIAOSHAN ZHANG	BOARD TREASU	16.00	Officer Director	$22,400	$0	$22,400
STEVEN J ZENG	EXECUTIVE DI	16.00	Officer Director	$12,000	$0	$12,000
FENG CAO	BOARD CHAIR	4.00	Officer Director	$6,000	$0	$6,000
LIN ZHIXIAN	BOARD ADVISO	1.00	Officer 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	$917,057	$961,895	$768,765	$-44,838
2023	No data	No data	No data	No data
2022	$1,435,663	$1,408,913	$264,162	$26,750

CHINESE AMERICAN CHAMBER OF COMMERC