QUANZHEN TAOIST (LOS ANGELES) ASSOCIATION (EIN 920277430) - 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

2022

Legal Domicile

Principal Officer

JINGHAN CHANG

Phone

6576889121

Tax Period

2022-09-07 to 2023-08-31

QUANZHEN TAOIST (LOS ANGELES) ASSOCIATION, founded in 2022, is a micro nonprofit that reported $3K in total revenue in fiscal year 2022. Expenses of $22K exceeded revenue, resulting in a 629% operating deficit.

Mission

QUANZHEN TAOIST PROMOTES A SUPPORTIVE LEARNING ENVIRONMENT THAT ENOURAGES CILTIVATION, RELAXATION AND SELF AWARENESS. THE ORGANZATION EMPHASIZE PEACEFUL COEXISTENCE AMONG INDIVIDUALS, PURSUE SPIRITUAL RICHNESS, AND SEEK LONGEVITY.QUANZHEN TAOIST STRIVE TO HELP THOSE IN NEED, ENABLING THEM TO LEAD A JOYFUL AND FULFILLING LIFE.

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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 (2022)

Revenue Breakdown

Contributions & Grants $3,000

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $3,000

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $1,000

Program Expenses $15,794

Other Expenses $21,881

TOTAL EXPENSES $21,881

Year-over-Year Comparison

	2022	2021	Change
Revenue	$3,000	N/A	N/A
Expenses	$21,881	N/A	N/A
Net Income	$-18,881	N/A	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

Governance

Voting Members

Independent Members

N/A

Employees

N/A

Volunteers

N/A

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JINGHAN CHANG	PRESIDENT	10.00	Officer Director	$0	$0	$0
JESSICA WEI LI	SECRETARY/CFO	10.00	Officer Director	$0	$0	$0
ZHENG ZHANG	BOARD MEMBER	5.00	Director	$0	$0	$0
XIANG YI ZHA	BOARD MEMBER	5.00	Director	$0	$0	$0
HANG LI	BOARD MEMBER	5.00	Director	$0	$0	$0
JEFFERY CHAN	BOARD MEMBER	5.00	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	$3,000	$21,881	$2,657	$-18,881

QUANZHEN TAOIST (LOS ANGELES) ASSOCIATION