HUNG ON TONG SOCIETY (EIN 946104640) - Form 990 Financial Analysis & Trantor Score

🔒

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

Financial Trends

Organization Details

Formation Year

1904

Legal Domicile

Tax Period

2023-01-01 to 2023-12-31

HUNG ON TONG SOCIETY, founded in 1904, is a small nonprofit in the Arts, Culture & Humanities sector that reported $447K in total revenue in fiscal year 2023. Revenue decreased 14% compared to the prior year. Expenses of $431K left a modest 4% surplus.

Mission

To promote the health, cultural and social welfare of its members within the Chinese community.

🔒

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%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $4,870

Program Service Revenue $0

Investment Income $3,956

Other Revenue $438,418

TOTAL REVENUE $447,244

Expense Breakdown

Grants Paid $96,020

Salaries & Benefits $67,432

Fundraising Expenses $0

Program Expenses $194,983

Other Expenses $168,902

TOTAL EXPENSES $431,317

Year-over-Year Comparison

	2023	2022	Change
Revenue	$447,244	$520,884	-0.1%
Expenses	$431,317	$494,238	-0.1%
Net Income	$15,927	$26,646	-0.4%

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

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

$37,900

Total Directors

$13,760

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
SHAWN W WENG	TREASURER	3.00	Officer	$8,100	$0	$8,100
KOKPO NG	PRESIDENT	3.00	Officer	$8,000	$0	$8,000
JOHN WONG	CHINESE SECRETARY	3.00	Officer	$6,080	$0	$6,080
SIU KONG TAM	SECRETARY	3.00	Officer	$4,660	$0	$4,660
CHARLES LAI	VICE PRESIDENT	3.00	Officer	$4,480	$0	$4,480
HAN GUANG ZUO	MEMBERS VERIFLICATION	2.00	Officer Director	$2,400	$0	$2,400
HOI CHONG WONG	BANQUET CHAIRMAN	2.00	Officer Director	$2,140	$0	$2,140
SAI WAH LIU	DIRECTOR	1.00	Director	$2,120	$0	$2,120
SAI WING LIU	AUDITOR	2.00	Officer Director	$2,040	$0	$2,040
GUNG YUAN HONG	DIRECCTOR	1.00	Director	$1,260	$0	$1,260
GENIE CHAN	DIRECTOR	1.00	Director	$980	$0	$980
KINGMAN HO	DIRECTOR	1.00	Director	$880	$0	$880
BENJIE LIN	DIRECTOR	1.00	Director	$660	$0	$660
DAVID WU	DIRECTOR	1.00	Director	$640	$0	$640
KWUN WING CHEUNG	DIRECTOR	1.00	Director	$640	$0	$640

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	$447,244	$431,317	$5,967,077	$15,927
2022	$520,884	$494,238	$5,941,930	$26,646
2021	$357,587	$298,926	$5,922,965	$58,661
2020	$487,316	$286,994	$5,851,080	$200,322

HUNG ON TONG SOCIETY