CENTER FOR CULTURAL & CREATIVE EXCHANGE A NJ NONPROFT CORPORATION (EIN 843409394) - 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

LI CHING JUNG

Phone

9087947768

Tax Period

2023-01-01 to 2023-12-31

CENTER FOR CULTURAL & CREATIVE EXCHANGE A NJ NONPROFT CORPORATION, founded in 2019, is a micro nonprofit in the Arts, Culture & Humanities sector that reported $43K in total revenue in fiscal year 2023. Revenue decreased 19% compared to the prior year. The organization ran a surplus of $18K, a strong 42% operating margin.

Mission

To Champion the philosophy that traditions shall be valued not only for its antiquity but, no less meangfully, its services to the contempories as an infinite source of inspiration and muse.

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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 $38,470

Program Service Revenue $4,280

Investment Income $0

Other Revenue $0

TOTAL REVENUE $42,750

Expense Breakdown

Grants Paid $967

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $21,414

Other Expenses $23,999

TOTAL EXPENSES $24,966

Year-over-Year Comparison

	2023	2022	Change
Revenue	$42,750	$52,881	-0.2%
Expenses	$24,966	$79,177	-0.7%
Net Income	$17,784	$-26,296	-1.7%

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

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
LI CHING JUNG	PRESIDENT	005.00	Officer Director	$0	$0	$0
KAI LIU	VICE PRESIDENT	005.00	Officer Director	$0	$0	$0
CINDY LIN	TREASURER	005.00	Director	$0	$0	$0
ANGELA LEE	PUBLIC RELATIONS	003.00	Director	$0	$0	$0
KENNY LEE	DIRECTOR	003.00	Director	$0	$0	$0
KIRBY TAN	DIRECTOR	003.00	Director	$0	$0	$0
MICHELLE CHU	DIRECTOR	003.00	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
2024	No data	No data	No data	No data
2023	$42,750	$24,966	$79,180	$17,784
2022	$52,881	$79,177	$61,396	$-26,296
2021	$39,053	$17,194	$87,692	$21,859
2020	$30,284	$16,445	$65,833	$13,839
2019	No data	No data	No data	No data

CENTER FOR CULTURAL & CREATIVE EXCHANGE A NJ NONPROFT CORPORATION