HONG KONG BUSINESS ASSOCIATION OF SOUTHERN CALIFORNIA

EIN: 954153533

LOS ANGELES, CA

Total Revenue
$157,803
Total Expenses
$114,824
Total Assets
$242,691
Net Assets
$242,691
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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
1988
Legal Domicile
CA
Principal Officer
CHI TRAN
Phone
2136229446
Tax Period
2024-04-01 to 2025-03-31

HONG KONG BUSINESS ASSOCIATION OF SOUTHERN CALIFORNIA, founded in 1988, is a small nonprofit that reported $158K in total revenue in fiscal year 2024. The organization ran a surplus of $43K, a strong 27% operating margin.

Mission

BUSINESS SEMINARS, BUSINESS NETWORKING MIXERS, CHINESE NEW YEAR GALA, BUSINESS HOLIDAY BANQUET, ETC.

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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 $17,870
Program Service Revenue $132,133
Investment Income $7,800
Other Revenue $0
TOTAL REVENUE $157,803

Expense Breakdown

Grants Paid $0
Salaries & Benefits $31,572
Fundraising Expenses $0
Program Expenses $61,072
Other Expenses $83,252
TOTAL EXPENSES $114,824

Year-over-Year Comparison

2024 2023 Change
Revenue $157,803 $156,518 +0.0%
Expenses $114,824 $118,568 0.0%
Net Income $42,979 $37,950 +0.1%
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

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Governance

Voting Members
18
Independent Members
18
Employees
1
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
1
$0
Total Directors
1
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
SEE ATTACHED LIST OFFICERS & DIRECTORS 5.00
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
2025 $157,803 $114,824 $242,691 $42,979
2024 $156,518 $118,568 $199,712 $37,950
2023 $182,603 $218,739 $161,762 $-36,136
2022 $134,695 $124,882 $196,895 $9,813
2021 $105,413 $104,946 $191,160 $467
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