LOS ANGELES CHINATOWN BUSINESS COUNCIL (EIN 951476343) - 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

1999

Legal Domicile

Principal Officer

GEORGE YU

Tax Period

2023-01-01 to 2023-12-31

LOS ANGELES CHINATOWN BUSINESS COUNCIL, founded in 1999, is a community nonprofit in the Community Improvement sector that reported $2.5M in total revenue in fiscal year 2023. Revenue grew 11% year-over-year, indicating healthy expansion. Expenses of $2.2M left a modest 13% surplus.

Mission

TO ADVOCATE, FACILITATE AND/OR DIRECTLY IMPROVE PUBLIC SAFETY, CONDUCT SIDEWALK, GRAFFITI AND STREETSCAPE CLEANING PROGRAMS, IMAGE ENHANCEMENT AND PUBLE SPACE PROGRAMS TO CREATE A SAFER, CLEANER, WELL-MANAGED LOS ANGELES CHINATOWN.

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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 $2,487,055

Investment Income $0

Other Revenue $0

TOTAL REVENUE $2,487,055

Expense Breakdown

Grants Paid $0

Salaries & Benefits $129,661

Fundraising Expenses $0

Program Expenses $2,058,817

Other Expenses $2,044,556

TOTAL EXPENSES $2,174,217

Year-over-Year Comparison

	2023	2022	Change
Revenue	$2,487,055	$2,232,478	+0.1%
Expenses	$2,174,217	$2,318,396	-0.1%
Net Income	$312,838	$-85,918	-4.6%

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

N/A

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

$129,661

Total Directors

$129,661

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
GEORGE YU	EXECUTIVE DIRECTOR	40.00	Officer Director	$129,661	$0	$129,661
JENNIFER KIM	DIRECTOR	1.00	Director	$0	$0	$0
GARRETT QUON	DIRECTOR	1.00	Director	$0	$0	$0
JASON FUJIMOTO	DIRECTOR	1.00	Director	$0	$0	$0
JUDY LIAO	DIRECTOR	1.00	Director	$0	$0	$0
OCEOLA REFETOFF	DIRECTOR	1.00	Director	$0	$0	$0
ALEXIS READINGER	DIRECTOR	1.00	Director	$0	$0	$0
ANDREW BINDER	DIRECTOR	1.00	Director	$0	$0	$0
QUENTIN BEAUVAIS	DIRECTOR	1.00	Director	$0	$0	$0
RON LOUIE	DIRECTOR	1.00	Director	$0	$0	$0
JIMMY UNG	DIRECTOR	1.00	Director	$0	$0	$0
VINCENT KORTH	DIRECTOR	1.00	Director	$0	$0	$0
HECTOR VERDUGO	DIRECTOR	1.00	Director	$0	$0	$0
JENNI HARRIS	DIRECTOR	1.00	Director	$0	$0	$0
IRENE LI WILLIAMS	TREASURER	1.00	Officer Director	$0	$0	$0
SCOTT LEE	PRESIDENT	1.00	Officer Director	$0	$0	$0
MARTIN LEE	SECRETARY	1.00	Officer Director	$0	$0	$0
GEORGE YU	VICE PRESIDENT	1.00	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	$2,487,055	$2,174,217	$407,239	$312,838
2022	$2,232,478	$2,318,396	$311,613	$-85,918
2021	$2,134,067	$1,948,570	$525,760	$185,497
2020	$1,873,051	$1,729,284	$47,749	$143,767
2019	$1,880,294	$1,903,680	$22,781	$-23,386
2018	$1,834,705	$1,932,195	$50,942	$-97,490

LOS ANGELES CHINATOWN BUSINESS COUNCIL