YEONG WO ASSOCIATION (EIN 941217700) - 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

1907

Legal Domicile

Principal Officer

KAYMOND YUNG

Tax Period

2023-01-01 to 2023-12-31

YEONG WO ASSOCIATION, founded in 1907, is a small nonprofit that reported $145K in total revenue in fiscal year 2023. Revenue grew 12% year-over-year, indicating healthy expansion. Expenses of $246K exceeded revenue, resulting in a 70% operating deficit.

Mission

TO PROMOTE THE SOCIAL AND CULTURAL WELFARES OF ITS MEMBERS WITHIN THE CHINESE 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%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $13,877

Program Service Revenue $0

Investment Income $12,613

Other Revenue $118,541

TOTAL REVENUE $145,031

Expense Breakdown

Grants Paid $66,200

Salaries & Benefits $21,300

Fundraising Expenses $0

Program Expenses $70,555

Other Expenses $154,088

TOTAL EXPENSES $245,943

Year-over-Year Comparison

	2023	2022	Change
Revenue	$145,031	$129,362	+0.1%
Expenses	$245,943	$242,814	+0.0%
Net Income	$-100,912	$-113,452	-0.1%

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

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

$12,300

Total Directors

$16,500

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
RAYMOND MAH	PRESIDENT	3.00	Officer Director	$7,500	$0	$7,500
KARMAN LIAO	DIRECTOR	2.00	Director	$7,200	$0	$7,200
SAM LAU	SECRETARY	2.00	Officer	$4,800	$0	$4,800
CHU KEY TANG	DIRECTOR	1.00	Director	$1,800	$0	$1,800
HUN KIT WONG	DIRECTOR	1.00	Director	$0	$0	$0
TUNG SHEK HO	DIRECTOR	1.00	Director	$0	$0	$0
STEPHEN LEONG	DIRECTOR	1.00	Director	$0	$0	$0
BENNY KWOK	BUILDING SECRETARY	2.00	Officer	$0	$0	$0
KAYMOND YUNG	TREASURER	2.00	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	No data	No data	No data	No data
2023	$145,031	$245,943	$1,255,804	$-100,912
2022	$129,362	$242,814	$1,356,698	$-113,452
2021	$117,267	$164,968	$1,470,133	$-47,701
2020	$193,311	$156,345	$1,518,445	$36,966

YEONG WO ASSOCIATION