WWC16 ADMINISTRATION INC

EIN: 881252501 501(c)(3) Recreation & Sports

LUBBOCK, TX

Total Revenue
$1,641,768
Total Expenses
$2,019,870
Total Assets
$94,995
Net Assets
$89,422
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2022
Legal Domicile
TX
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.

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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%)

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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
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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

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Governance

Voting Members
5
Independent Members
3
Employees
2
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
3
$15,000
Total Directors
5
$33,667
Key Employees
0
$0
Highest Compensated
0
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
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