WA SUNG COMMUNITY SERVICE CLUB

EIN: 946182703 501(c)(3)

OAKLAND, CA

Total Revenue
$33,017
Total Expenses
$16,797
Total Assets
$1,493,555
Net Assets
$1,493,555
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1960
Legal Domicile
CA
Principal Officer
HOWARD LEE
Phone
5108692589
Tax Period
2024-01-01 to 2024-12-31

WA SUNG COMMUNITY SERVICE CLUB, founded in 1960, is a micro nonprofit that reported $33K in total revenue in fiscal year 2024. Revenue fell 39% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $16K, a strong 49% operating margin.

Mission

THE PURPOSE FOR WHICH THIS CORPORATION IS FORMED ARE (A) TO PERFORM CHARITABLE AND EDUCATIONAL SERVICES TO THE CHINESE COMMUNITY (B) TO PROMOTE UNDERSTANDING GOODWILL AND FRIENDSHIP AMONG ITS CITIZENS

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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%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $44,515
Program Service Revenue $5,576
Investment Income $30,739
Other Revenue $-47,813
TOTAL REVENUE $33,017

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $3,310
Other Expenses $16,797
TOTAL EXPENSES $16,797

Year-over-Year Comparison

2024 2023 Change
Revenue $33,017 $53,706 -0.4%
Expenses $16,797 $25,222 -0.3%
Net Income $16,220 $28,484 -0.4%
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

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Liquidity & Cash Position

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Governance

Voting Members
13
Independent Members
13
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
7
$0
Total Directors
11
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
HOWARD LEE PRESIDENT N/A
Officer
$0 $0 $0
LINYI YU VICE PRESIDE N/A
Officer
$0 $0 $0
MANYI LEUNG SECRETARY N/A
Officer
$0 $0 $0
LINYI YU TREASURER N/A
Officer
$0 $0 $0
PETER CHANG NEWSLETTER N/A
Officer
$0 $0 $0
GARRIENNE NAKANO SOCIAL DIREC N/A
Officer
$0 $0 $0
REI TEY ASSISTANT NE N/A
Officer
$0 $0 $0
CINDY QUON DIRECTOR N/A
Director
$0 $0 $0
DONNA CHAN CHU DIRECTOR N/A
Director
$0 $0 $0
GENIE YOUNG DIRECTOR N/A
Director
$0 $0 $0
PETER CHU DIRECTOR N/A
Director
$0 $0 $0
MANYI LEUNG DIRECTOR N/A
Director
$0 $0 $0
YVAN FUNG DIRECTOR N/A
Director
$0 $0 $0
EILEEN LEUNG DIRECTOR N/A
Director
$0 $0 $0
JENNIFER CHEUNG DIRECTOR N/A
Director
$0 $0 $0
JESSICA CHEN DIRECTOR N/A
Director
$0 $0 $0
KAREN DEA DIRECTOR N/A
Director
$0 $0 $0
RICHARD FONG DIRECTOR N/A
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 $33,017 $16,797 $1,493,555 $16,220
2023 $53,706 $25,222 $1,477,335 $28,484
2022 $299,976 $28,583 $1,448,851 $271,393
2021 $85,570 $42,345 $1,177,458 $43,225
2020 $83,211 $53,714 $1,134,233 $29,497
2019 $70,300 $56,580 $784,814 $13,720
2018 $86,188 $63,316 $771,094 $22,872
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