USA WUSHU TAI CHI FOUNDATION INC

EIN: 850524116 501(c)(3)

Reston, VA

Total Revenue
$58
Total Expenses
$1,856
Total Assets
N/A
Net Assets
N/A
🔒

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

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
2020
Legal Domicile
VA
Principal Officer
Hao Zhang
Phone
7036247798
Tax Period
2023-01-01 to 2023-12-31

USA WUSHU TAI CHI FOUNDATION INC, founded in 2020, is a micro nonprofit that reported $58 in total revenue in fiscal year 2023. Revenue fell 97% from the prior year — a significant decline worth monitoring. Expenses of $2K exceeded revenue, resulting in a 3100% operating deficit.

Mission

To promote the sports of Wushu and Tai Chi and develop the education to assist people for a lifelong journey of health, wellness, and fitness.

Program Service Accomplishments

Program 1
Expenses: $0 Revenue: $0

The organization hosted free weekly Tai Chi sessions in one public library to promote the wellness of Tai Chi benefits.

Program 2
Expenses: $0 Revenue: $0

The organization provided in-person sessions to the public for Tai Chi education and competitions.

Program 3
Expenses: $0 Revenue: $0

Continued to offer Tai Chi in-person seminars at the local community to promote the benefits of the sports.

🔒

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%)

Sign In — Free (10 views/day)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $58
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $58

Expense Breakdown

Grants Paid $0
Salaries & Benefits $700
Fundraising Expenses $0
Program Expenses $0
Other Expenses $1,156
TOTAL EXPENSES $1,856

Year-over-Year Comparison

2023 2022 Change
Revenue $58 $2,000 -1.0%
Expenses $1,856 $2,958 -0.4%
Net Income $-1,798 $-958 +0.9%
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

Sign In

Governance

Voting Members
3
Independent Members
3
Employees
N/A
Volunteers
3

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
3
$0
Total Directors
3
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Hao Zhang President 3
Officer Director
$0 $0 $0
Mario Martinez Vice President of Wushu 3
Officer Director
$0 $0 $0
Peikai Wang Director of Tai Chi 5
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
2023 $58 $1,856 No data $-1,798
2022 $2,000 $2,958 $1,798 $-958
2021 $4,300 $1,897 $2,756 $2,403
2020 $1,500 $1,147 $353 $353
Explore More Nonprofits
→Top 100 Nonprofits in Virginia →Largest U.S. Nonprofits →Best Rated Nonprofits →Most Efficient Nonprofits

Compare USA WUSHU TAI CHI FOUNDATION INC with other nonprofits in Virginia and across the country.

We Value Your Privacy
We use cookies and similar technologies to analyze site traffic and improve your experience. By clicking "Accept All", you consent to our use of cookies for analytics and measurement.