Sam Yick Benevolent Association Inc Western USA (EIN 941662705) - 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

1967

Legal Domicile

Principal Officer

Christopher Kong

Phone

4159820985

Tax Period

2023-01-01 to 2023-12-31

Sam Yick Benevolent Association Inc Western USA, founded in 1967, is a micro nonprofit that reported $35K in total revenue in fiscal year 2023. Revenue surged 121% from the prior year, signaling strong growth momentum. The organization ran a surplus of $8K, a strong 24% operating margin.

Mission

To serve the Chinese community in the Bay Area by promoting the appreciation of Chinese culture and heritage and to enhance cross-cultural understanding through educational programs.

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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 $1,700

Program Service Revenue $0

Investment Income $7,012

Other Revenue $26,534

TOTAL REVENUE $35,246

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $22,617

Other Expenses $26,871

TOTAL EXPENSES $26,871

Year-over-Year Comparison

	2023	2022	Change
Revenue	$35,246	$15,960	+1.2%
Expenses	$26,871	$20,245	+0.3%
Net Income	$8,375	$-4,285	-3.0%

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

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
Christopher Kong	President	003.00	Officer Director	$0	$0	$0
Mimi Lai	Vice-President	002.00	Officer Director	$0	$0	$0
May Tsoi	Treasurer	003.00	Officer Director	$0	$0	$0
Ping Chiu Lai	Secretary	002.00	Officer 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	$35,246	$26,871	$734,026	$8,375
2022	$15,960	$20,245	$725,651	$-4,285
2021	$36,247	$13,443	$729,936	$22,804
2020	$68,970	$44,026	$707,132	$24,944

Sam Yick Benevolent Association Inc Western USA