Welcome To Chinatown Inc

EIN: 881524156 501(c)(3) Community Improvement

New York, NY

Total Revenue
$756,909
Total Expenses
$389,941
Total Assets
$2,288,894
Net Assets
$366,968
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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
2022
Legal Domicile
DE
Principal Officer
Victoria Lee
Phone
4106082996
Tax Period
2023-01-01 to 2023-12-31

Welcome To Chinatown Inc, founded in 2022, is a small nonprofit in the Community Improvement sector that reported $757K in total revenue in fiscal year 2023. The organization ran a surplus of $367K, a strong 48% operating margin.

Mission

Driving Manhattans Chinatown towards a future where tradition meets innovation, our mission is to bolster local businesses and entrepreneurs and to forge connections within and across our 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%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $791,596
Program Service Revenue $400
Investment Income $0
Other Revenue $-35,087
TOTAL REVENUE $756,909

Expense Breakdown

Grants Paid $14,071
Salaries & Benefits $129,775
Fundraising Expenses $26,214
Program Expenses $310,877
Other Expenses $246,095
TOTAL EXPENSES $389,941

Year-over-Year Comparison

2023 2022 Change
Revenue $756,909 N/A N/A
Expenses $389,941 N/A N/A
Net Income $366,968 $0 N/A
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
6
Independent Members
6
Employees
4
Volunteers
71

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
4
$24,924
Total Directors
6
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Victoria Lee Chief Executive Officer 40.00
Officer
$22,909 $2,015 $24,924
Jennifer Tam Chairman 1.00
Officer Director
$0 $0 $0
Gerald Lam Treasurer 1.00
Officer Director
$0 $0 $0
Andrew Tein Secretary 1.00
Officer Director
$0 $0 $0
Pam Yang Director 1.00
Director
$0 $0 $0
Linus Li Director 1.00
Director
$0 $0 $0
Golam Khan Director 1.00
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
2024 No data No data No data No data
2023 $756,909 $389,941 $2,288,894 $366,968
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