UCA Waves

EIN: 934870887 501(c)(3) Human Services

Cary, NC

Total Revenue
$340,058
Total Expenses
$242,640
Total Assets
$97,419
Net Assets
$97,418
🔒

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

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
2024
Legal Domicile
NC
Principal Officer
Jian Chen
Tax Period
2024-01-01 to 2024-12-31

UCA Waves, founded in 2024, is a small nonprofit in the Human Services sector that reported $340K in total revenue in fiscal year 2024. The organization ran a surplus of $97K, a strong 29% operating margin.

Mission

Raise awareness of the mental health challenges that young Asian Americans face due to familial, cultural, and societal factors Develop community support and resources to improve youth mental health Promote cultural sensitivity in psychological well-being and interventions Encourage civic engagement in public policies to address mental health issues

Program Service Accomplishments

Program 1
Expenses: $230,004

1. UCA WAVES, in partnership with MHACC, has been conducting Mental Health First Aid Training sessions to educate the community about mental health and boost their ability to prevent or handle...

Read more

1. UCA WAVES, in partnership with MHACC, has been conducting Mental Health First Aid Training sessions to educate the community about mental health and boost their ability to prevent or handle crises, allowing them to become mental health guardians for themselves and their loved ones. 2. In June 2024, UCA waves held US-Chinese convention in D.C. More than 700 people from all over the United States gathered at the Omni Hotel to participate in the event. 3. UCA Waves made documentary film, peer support, and parent education toolkits.

🔒

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%)

Sign In — Free (10 views/day)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $340,058
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $340,058

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $230,004
Other Expenses $242,640
TOTAL EXPENSES $242,640

Year-over-Year Comparison

2024 2023 Change
Revenue $340,058 N/A N/A
Expenses $242,640 N/A N/A
Net Income $97,418 N/A N/A
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

Sign In

Governance

Voting Members
3
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
3
$0
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Jian Chen President 20.00
Officer
$0 $0 $0
Paohwa Lin Treasurer 6.00
Officer
$0 $0 $0
Jennifer Tu Secretary 6.00
Officer
$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 $340,058 $242,640 $97,419 $97,418
Explore More Nonprofits
Top 100 Nonprofits in North Carolina Largest U.S. Nonprofits Best Rated Nonprofits Most Efficient Nonprofits

Compare UCA Waves with other nonprofits in North Carolina and across the country.