WWC16 ADMINISTRATION INC

🔒

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

Financial Trends

Organization Details

Formation Year

2022

Legal Domicile

Principal Officer

ANTHONY GOH

Phone

8322177038

Tax Period

2023-01-01 to 2023-12-31

WWC16 ADMINISTRATION INC, founded in 2022, is a community nonprofit in the Recreation & Sports sector that reported $1.6M in total revenue in fiscal year 2023. Revenue surged 176% from the prior year, signaling strong growth momentum. Expenses of $2.0M exceeded revenue, resulting in a 23% operating deficit.

Mission

THE MISSION OF WWC16 IS TO ADMINISTER NATIONAL AND INTERNATIONAL AMATEUR WUSHU-KUNGFU COMPETITIONS.

Program Service Accomplishments

Program 1

Expenses: $1,948,821 Revenue: $872,326

THE PURPOSES OF WWC16 SHALL BE: A. TO ADMINISTER, MANAGE AND CONDUCT INTERNATIONAL AMATEUR WUSHU-KUNGFU ATHLETIC COMPETITIONS IN THE UNITED STATES; B. TO PROMPTLY REVIEW EVERY REQUEST SUBMITTED BY AN AMATEUR SPORTS ORGANIZATION TO HOLD AN INTERNATIONAL AMATEUR WUSHU-KUNGFU ATHLETIC COMPETITION IN THE UNITED STATES; C. TO ORGANIZE, ADMINISTER, AND MANAGE COMPETITIVE, AMATEUR WUSHU-KUNGFU OPPORTUNITIES FOR ALL AGES AND LEVELS OF ABILITY, INCLUDING INTERNATIONAL COMPETITION; D. TO OPERATE EXCLUSIVELY FOR PUBLIC HEALTH, SAFETY, EDUCATIONAL, AND CHARITABLE PURPOSES AND TO FURTHER THE PURPOSES AND OBJECTIVES OF THE AMATEUR SPORTS ACT OF 1978, PUB. L. MO. 95-606, 92 STAT. 3045 (1978); AND E. TO AID IN THE ACCOMPLISHMENT OF SUCH PURPOSES AND TO MAKE DISBURSEMENTS THAT QUALIFY IT AS AN EXEMPT ORGANIZATION UNDER SECTION 50L(C)(3) OF THE INTERNAL REVENUE CODE OF 1986 OR THE CORRESPONDING PROVISIONS OF ANY FUTURE UNITED STATES INTERNAL REVENUE LAW.

🔒

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%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $769,442

Program Service Revenue $872,326

Investment Income $0

Other Revenue $0

TOTAL REVENUE $1,641,768

Expense Breakdown

Grants Paid $0

Salaries & Benefits $124,406

Fundraising Expenses $0

Program Expenses $1,948,821

Other Expenses $1,895,464

TOTAL EXPENSES $2,019,870

Year-over-Year Comparison

	2023	2022	Change
Revenue	$1,641,768	$594,340	+1.8%
Expenses	$2,019,870	$126,816	+14.9%
Net Income	$-378,102	$467,524	-1.8%

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

Governance

Voting Members

Independent Members

Employees

Volunteers

150

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

$15,000

Total Directors

$33,667

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JUOHAN TONG	MEMBER	40.00	Director	$18,667	$0	$18,667
ANTHONY GOH	PRESIDENT	40.00	Officer Director	$15,000	$0	$15,000
CARL HYDEN	SECRETARY GE	4.00	Officer Director	$0	$0	$0
YI-YUAN LEE	VICE PRESIDE	4.00	Officer Director	$0	$0	$0
MATTHEW WONG	MEMBER	4.00	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
2023	$1,641,768	$2,019,870	$94,995	$-378,102
2022	$594,340	$126,816	$467,524	$467,524