FRIENDS OF THE CHINATOWN LIBRARY

EIN: 953169749 501(c)(3) Education

LOS ANGELES, CA

Total Revenue
$1,350,835
Total Expenses
$111,989
Total Assets
$3,055,406
Net Assets
$3,055,406
🔒

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

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
1976
Legal Domicile
CA
Phone
2136209926
Tax Period
2024-06-01 to 2025-05-31

FRIENDS OF THE CHINATOWN LIBRARY, founded in 1976, is a community nonprofit in the Education sector that reported $1.4M in total revenue in fiscal year 2024. Revenue surged 780% from the prior year, signaling strong growth momentum. The organization ran a surplus of $1.2M, a strong 92% operating margin.

Mission

TO PROVIDE FINANCIAL AID TO THE LIBRARY AND TO MAINTAIN SERVICES TO THE COMMUNITY, TO PROVIDE SCHOLARSHIPS TO THE STUDENTS AND TO ACQUIRE BOOKS AND PUBLICATIONS FOR THE 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%)

Sign In — Free (10 views/day)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $103,076
Program Service Revenue $0
Investment Income $1,247,759
Other Revenue $0
TOTAL REVENUE $1,350,835

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $108,965
Other Expenses $111,989
TOTAL EXPENSES $111,989

Year-over-Year Comparison

2024 2023 Change
Revenue $1,350,835 $153,535 +7.8%
Expenses $111,989 $60,805 +0.8%
Net Income $1,238,846 $92,730 +12.4%
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

Sign In

Governance

Voting Members
9
Independent Members
N/A
Employees
N/A
Volunteers
18

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
4
$0
Total Directors
9
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
SUSAN G DICKSON Vice President 2.00
Officer Director
$0 $0 $0
CANDACE LEE Secretary 2.00
Officer Director
$0 $0 $0
ROGER WONG Director 2.00
Director
$0 $0 $0
CHERRY GEE Director 2.00
Director
$0 $0 $0
PATRICIA KAO Director 2.00
Director
$0 $0 $0
ANGELICA MOYES Director 2.00
Director
$0 $0 $0
NANCY SO Treasurer 2.00
Officer Director
$0 $0 $0
RYAN WONG President 2.00
Officer Director
$0 $0 $0
VIVI WONG Director 2.00
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
2025 $1,350,835 $111,989 $3,055,406 $1,238,846
2024 $153,535 $60,805 $2,672,704 $92,730
2023 $131,530 $114,351 $2,264,972 $17,179
2022 $178,807 $39,574 $1,518,204 $139,233
2021 $103,861 $630 $1,376,537 $103,231
Explore More Nonprofits
Top 100 Nonprofits in California Largest U.S. Nonprofits Best Rated Nonprofits Most Efficient Nonprofits

Compare FRIENDS OF THE CHINATOWN LIBRARY with other nonprofits in California and across the country.