WESTAR CORP (EIN 843637046) - 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

Qian Ge

Phone

7817952497

Tax Period

2020-01-01 to 2020-12-31

WESTAR CORP, founded in 2019, is a small nonprofit in the Arts, Culture & Humanities sector that reported $372K in total revenue in fiscal year 2020. Revenue surged 2263% from the prior year, signaling strong growth momentum. The organization ran a surplus of $86K, a strong 23% operating margin.

Mission

Our mission is building bonds among members from Chinese community in Weston, MA through various events. Our specific purposes and objectives are as follows: 1. Celebrate Chinese Traditions 2. Sponsor and/or organize events promoting cultural exchange and inheritance 3. Sponsor and/or organize events enriching the lives of Weston residents and those in the surrounding communities. 4. Fundraising and aid in the relief of important issues such as natural disasters, epidemics, and others as they effect the Chinese community.

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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 (2020)

Revenue Breakdown

Contributions & Grants $361,723

Program Service Revenue $0

Investment Income $0

Other Revenue $10,321

TOTAL REVENUE $372,044

Expense Breakdown

Grants Paid $268,105

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $286,234

Other Expenses $18,129

TOTAL EXPENSES $286,234

Year-over-Year Comparison

	2020	2019	Change
Revenue	$372,044	$15,744	+22.6%
Expenses	$286,234	$12,262	+22.3%
Net Income	$85,810	$3,482	+23.6%

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

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
Qian Ge	Chair and President	5	Officer Director	$0	$0	$0
Yan Wang	Secretary	5	Director	$0	$0	$0
Yong Huang	Treasurer	5	Director	$0	$0	$0
Yingkun Huang	Director	5	Director	$0	$0	$0
Hongxia Hu	Director	5	Director	$0	$0	$0
Fan Wu	Director	5	Director	$0	$0	$0
Fan Yang	Director	5	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
2020	$372,044	$286,234	$89,292	$85,810

WESTAR CORP