Hoy Sun Ning Yung Benevolent Association (EIN 941244168) - 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

1939

Legal Domicile

Principal Officer

Can Tong Li

Phone

4152880600

Tax Period

2023-01-01 to 2023-12-31

Hoy Sun Ning Yung Benevolent Association, founded in 1939, is a small nonprofit that reported $247K in total revenue in fiscal year 2023. Revenue grew 13% year-over-year, indicating healthy expansion. Expenses of $304K exceeded revenue, resulting in a 23% operating deficit.

Mission

Promote charitable and social welfare in the community. Donations to various community non-profit charitable organizations.

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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 $0

Program Service Revenue $0

Investment Income $0

Other Revenue $246,659

TOTAL REVENUE $246,659

Expense Breakdown

Grants Paid $55,200

Salaries & Benefits $23,640

Fundraising Expenses $0

Program Expenses $267,202

Other Expenses $224,789

TOTAL EXPENSES $303,629

Year-over-Year Comparison

	2023	2022	Change
Revenue	$246,659	$217,813	+0.1%
Expenses	$303,629	$169,453	+0.8%
Net Income	$-56,970	$48,360	-2.2%

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

Employees

Volunteers

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
Roger Louie	President	004.00	Officer	$0	$0	$0
Philip Lin	Vice-President	004.00	Officer	$0	$0	$0
Calvin Chu	Secretary	004.00	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	$246,659	$303,629	$191,288	$-56,970
2022	$217,813	$169,453	$248,259	$48,360
2021	$89,247	$187,350	$699,898	$-98,103
2020	$124,749	$202,114	$220,721	$-77,365
2019	$287,695	$348,737	$243,106	$-61,042
2018	$167,797	$289,587	$256,953	$-121,790

Hoy Sun Ning Yung Benevolent Association