WORLD AGAPE INC (EIN 954346597) - 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

1991

Legal Domicile

Principal Officer

TRI TRUONG

Phone

6268935085

Tax Period

2024-01-01 to 2024-12-31

WORLD AGAPE INC, founded in 1991, is a micro nonprofit in the Unknown sector that reported $66K in total revenue in fiscal year 2024. Revenue decreased 10% compared to the prior year. Expenses of $73K exceeded revenue, resulting in a 11% operating deficit.

Mission

AGAPE --- LOVE OUR WORLD UNCONDITIONALLY. WORLD AGAPE INC. EXISTS AS A CALIFORNIA BASED NON-PROFIT 501(C)(3), PUBLIC ORGANIZATION TO RAISE AND PROVIDE RESOURCES TO MEET HOLISTIC NEED OF THE POOR AND DISADVANTAGED CHILDREN WORLDWIDE.

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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 (2024)

Revenue Breakdown

Contributions & Grants $65,623

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $65,623

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $70,827

Other Expenses $72,672

TOTAL EXPENSES $72,672

Year-over-Year Comparison

	2024	2023	Change
Revenue	$65,623	$73,196	-0.1%
Expenses	$72,672	$79,888	-0.1%
Net Income	$-7,049	$-6,692	+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

Governance

Voting Members

Independent Members

Employees

N/A

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
NHU VAN CHE	SECRETARY	3.00	Director	$0	$0	$0
EMILY TROUNG	TREASURER	1.00	Director	$0	$0	$0
TRI TRUONG	PRESIDENT	40.00	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
2024	$65,623	$72,672	$1,133	$-7,049
2023	$73,196	$79,888	$8,182	$-6,692
2022	$111,452	$106,791	$14,874	$4,661
2021	$92,101	$97,727	$10,214	$-5,626
2020	$83,078	$69,628	$15,840	$13,450
2019	$68,774	$70,236	$2,390	$-1,462
2018	$71,180	$75,521	$3,852	$-4,341

WORLD AGAPE INC