YOUTH DEVELOPMENT RESOURCE CENTER (EIN 854246792) - 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

HAOFAN CHENG

Phone

9095693029

Tax Period

2023-11-01 to 2024-10-31

YOUTH DEVELOPMENT RESOURCE CENTER, founded in 2020, is a micro nonprofit in the Education sector that reported $91K in total revenue in fiscal year 2023. Revenue grew 16% year-over-year, indicating healthy expansion. Expenses of $111K exceeded revenue, resulting in a 22% operating deficit.

Mission

It aims to expand the resource for youth growth obligations, develop and integrate youth learning resources and social practice resources, provide the best environment for the youth to flourish, promote the youth social network, and contribute to the local 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 (2023)

Revenue Breakdown

Contributions & Grants $69,092

Program Service Revenue $21,800

Investment Income $0

Other Revenue $0

TOTAL REVENUE $90,892

Expense Breakdown

Grants Paid $1,345

Salaries & Benefits $49,225

Fundraising Expenses $0

Program Expenses $76,952

Other Expenses $60,173

TOTAL EXPENSES $110,743

Year-over-Year Comparison

	2023	2022	Change
Revenue	$90,892	$78,186	+0.2%
Expenses	$110,743	$52,534	+1.1%
Net Income	$-19,851	$25,652	-1.8%

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

156

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

$49,225

Total Directors

Key Employees

$22,500

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
HAOFAN CHENG	CHAIRMAN	50.00	Officer	$26,725	$0	$26,725
RUI WANG	DIRECTOR	20.00	Officer Key Emp	$22,500	$0	$22,500

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	$90,892	$110,743	No data	$-19,851
2023	$78,186	$52,534	No data	$25,652

YOUTH DEVELOPMENT RESOURCE CENTER