ADAM WANG FAMILY FOUNDATION

EIN: 921700292 501(c)(3) Education

ARCADIA, CA

Total Revenue
$800,105
Total Expenses
$86,009
Total Assets
$721,801
Net Assets
$714,096
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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
2023
Legal Domicile
CA
Tax Period
2023-01-02 to 2023-12-31

ADAM WANG FAMILY FOUNDATION, founded in 2023, is a small nonprofit in the Education sector that reported $800K in total revenue in fiscal year 2023. The organization ran a surplus of $714K, a strong 89% operating margin.

Mission

PROVIDES SUPPORTING TO SCHOOLS IN ORDER TO ENHANCE LEVEL OF EDUCATION, AND MAKES EDUCATIONAL ENDOWMENTS TO STUDENTS IN NEEDS.

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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 $800,000
Program Service Revenue $0
Investment Income $105
Other Revenue $0
TOTAL REVENUE $800,105

Expense Breakdown

Grants Paid $40,000
Salaries & Benefits $33,781
Fundraising Expenses $0
Program Expenses $40,000
Other Expenses $12,228
TOTAL EXPENSES $86,009

Year-over-Year Comparison

2023 2022 Change
Revenue $800,105 N/A N/A
Expenses $86,009 N/A N/A
Net Income $714,096 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

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Governance

Voting Members
7
Independent Members
2
Employees
2
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
5
$0
Total Directors
1
$0
Key Employees
2
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JIAN WANG CHAIR OF BOARD 3.00
Officer Director
$0 $0 $0
TIANYU CAO ASSISTANT SECRETARY 2.00
Officer
$0 $0 $0
XINYU WANG ASSISTANT CFO 2.00
Officer
$0 $0 $0
XINMIAO WANG VICE PRESIDENT 2.00
Officer
$0 $0 $0
RUI YANG SECRETARY 2.00
Officer
$0 $0 $0
XIAOFENG XIAO ASSISTANT SECRETARY 2.00
Key Emp
$0 $0 $0
RALPH DAVIDLOO CFO 2.00
Key Emp
$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 $800,105 $86,009 $721,801 $714,096
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