Fook Hing Tong Benevolent Association Incorporated (EIN 943179171) - 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

1935

Legal Domicile

Principal Officer

Zu Jung Lin

Phone

4154330603

Tax Period

2024-01-01 to 2024-12-31

Fook Hing Tong Benevolent Association Incorporated, founded in 1935, is a small nonprofit that reported $397K in total revenue in fiscal year 2024. Revenue surged 935% from the prior year, signaling strong growth momentum. The organization ran a surplus of $272K, a strong 69% operating margin.

Mission

Assist Chinese immigrants from ancestral village find affordable housing and burial plots.

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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 (2024)

Revenue Breakdown

Contributions & Grants $950

Program Service Revenue $90,000

Investment Income $40,947

Other Revenue $265,421

TOTAL REVENUE $397,318

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $95,394

Other Expenses $125,062

TOTAL EXPENSES $125,062

Year-over-Year Comparison

	2024	2023	Change
Revenue	$397,318	$38,398	+9.3%
Expenses	$125,062	$106,924	+0.2%
Net Income	$272,256	$-68,526	-5.0%

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
Zu Guang Lin	President	005.00	Officer Director	$0	$0	$0
Robert Lam	Treasurer	005.00	Officer Director	$0	$0	$0
Ken Chen	Secretary	005.00	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
2024	$397,318	$125,062	$2,897,232	$272,256
2023	$38,398	$106,924	$2,624,976	$-68,526
2022	$295,604	$76,696	$2,693,501	$218,908
2021	$402,479	$66,109	$2,474,593	$336,370
2020	$278,384	$95,988	$2,138,223	$182,396

Fook Hing Tong Benevolent Association Incorporated