NTNU HERITAGE FOUNDATION OF NORTH AMERICA INC (EIN 845057100) - 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

2020

Legal Domicile

Principal Officer

Jing Tsang Lin

Tax Period

2024-01-01 to 2024-12-31

NTNU HERITAGE FOUNDATION OF NORTH AMERICA INC, founded in 2020, is a small nonprofit in the Human Services sector that reported $674K in total revenue in fiscal year 2024. Revenue fell 47% from the prior year — a significant decline worth monitoring. Expenses of $1.2M exceeded revenue, resulting in a 79% operating deficit.

Mission

Providing direct and indirect educational and financial assistances to Students

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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 $637,649

Program Service Revenue $0

Investment Income $36,112

Other Revenue $0

TOTAL REVENUE $673,761

Expense Breakdown

Grants Paid $1,199,648

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $1,199,448

Other Expenses $3,619

TOTAL EXPENSES $1,203,267

Year-over-Year Comparison

	2024	2023	Change
Revenue	$673,761	$1,269,306	-0.5%
Expenses	$1,203,267	$143,070	+7.4%
Net Income	$-529,506	$1,126,236	-1.5%

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
JING TSANG LIN	Chairman of the Board	3.00	Officer Director	$0	$0	$0
MAY LOU	Vice Chairwoman	0.00	Director	$0	$0	$0
J C FANN	Vice Chairman	0.00	Director	$0	$0	$0
SHYN-GENE CHERNG	Director Treasurer	3.00	Officer Director	$0	$0	$0
YEN-HWA HSU	Director Secretary	3.00	Officer Director	$0	$0	$0
CHING-LAI HUOH	Director Web Master	1.00	Officer Director	$0	$0	$0
SHU MIN P YANG	Director public Relat	0.00	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	$673,761	$1,203,267	$810,567	$-529,506
2023	$1,269,306	$143,070	$1,365,491	$1,126,236
2022	$260,319	$200,400	$206,317	$59,919

NTNU HERITAGE FOUNDATION OF NORTH AMERICA INC