CHINESE CONSOLIDATED BENEVOLEN ASSOCIATION OF LOS ANGELES (EIN 951755416) - 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

1946

Legal Domicile

Principal Officer

MICHAEL GI CHEUNG

Tax Period

2023-01-01 to 2023-12-31

CHINESE CONSOLIDATED BENEVOLEN ASSOCIATION OF LOS ANGELES, founded in 1946, is a small nonprofit that reported $235K in total revenue in fiscal year 2023. Revenue fell 35% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $36K, a strong 15% operating margin.

Mission

Serving and promting Serving and promoting harmony and cultural exchange between Chinese community and other ethinic groups.

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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 $24,243

Program Service Revenue $173,200

Investment Income $37,224

Other Revenue $0

TOTAL REVENUE $234,667

Expense Breakdown

Grants Paid $0

Salaries & Benefits $61,579

Fundraising Expenses $3,889

Program Expenses $198,527

Other Expenses $136,948

TOTAL EXPENSES $198,527

Year-over-Year Comparison

	2023	2022	Change
Revenue	$234,667	$360,618	-0.3%
Expenses	$198,527	$230,729	-0.1%
Net Income	$36,140	$129,889	-0.7%

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

136

Independent Members

136

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Ernest Lee	PRESIDENT	10	Officer	$0	$0	$0
EDDIE K JUNG	TREASURER	8	Officer	$0	$0	$0
TAK SENG WONG	SECRETARY	8	Officer	$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	No data	No data	No data	No data
2023	$234,667	$198,527	$3,015,421	$36,140
2022	$360,618	$230,729	$3,358,615	$129,889
2021	$701,089	$190,952	$3,685,572	$510,137
2020	$282,376	$215,153	$2,558,812	$67,223

CHINESE CONSOLIDATED BENEVOLEN ASSOCIATION OF LOS ANGELES