THAI COMMUNITY DEVELOPMENT CENTER

🔒

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

Financial Trends

Organization Details

Formation Year

1994

Legal Domicile

Principal Officer

CHANCHANIT MARTORELL

Phone

3234682555

Tax Period

2022-07-01 to 2023-06-30

THAI COMMUNITY DEVELOPMENT CENTER, founded in 1994, is a community nonprofit in the Human Services sector that reported $1.8M in total revenue in fiscal year 2022. Revenue surged 22% from the prior year, signaling strong growth momentum. Expenses of $1.9M exceeded revenue, resulting in a 10% operating deficit.

Mission

TO ADVANCE THE SOCIAL AND ECONOMIC WELL-BEING OF LOW AND MODERATE INCOME THAIS AND OTHER ETHNIC COMMUNITIES IN THE GREATER LOS ANGELES AREA THROUGH A COMPREHENSIVE COMMUNITY DEVELOPMENT STRATEGY INCLUDING HUMAN RIGHTS ADVOCACY, AFFORDABLE HOUSING, ACCESS TO HEALTHCARE, PROMOTION OF SMALL BUSINESSES, NEIGHBORHOOD EMPOWERMENT AND SOCIAL ENTERPRISES.

Program Service Accomplishments

Program 1

Expenses: $676,719 Revenue: $287,002

COMMUNITY ASSET BUILDING: AFFORDABLE HOUSING, COMMUNITY ECONOMIC DEVELOPMENT AND SOCIAL ENTERPRISES - THAI CDC CONTINUES TO OPERATE A 60 UNIT AFFORDABLE SENIOR HOUSING COMPLEX AND A 46 UNIT...

COMMUNITY ASSET BUILDING: AFFORDABLE HOUSING, COMMUNITY ECONOMIC DEVELOPMENT AND SOCIAL ENTERPRISES - THAI CDC CONTINUES TO OPERATE A 60 UNIT AFFORDABLE SENIOR HOUSING COMPLEX AND A 46 UNIT AFFORDABLE MULTI-FAMILY HOUSING COMPLEX; OFFER SMALL BUSINESS DEVELOPMENT ASSISTANCE; ANDHELD THE EAST HOLLYWOOD CERTIFIED FARMERS' MARKET TO BRING AFFORDABLE FRESH PRODUCE TO LOW-INCOME RESIDENTS.

Program 2

Expenses: $415,112 Revenue: $701,867

HEALTHY COMMUNITIES AND COMMUNITY EMPOWERMENT: THAI CDC CONTINUES TO ENGAGE IN NEIGHBORHOOD DEVELOPMENT, CIVIC ENGAGEMENT AND IMMIGRANT INTEGRATION ACTIVITIES THROUGH OUR NEIGHBORHOOD CHANGE...

HEALTHY COMMUNITIES AND COMMUNITY EMPOWERMENT: THAI CDC CONTINUES TO ENGAGE IN NEIGHBORHOOD DEVELOPMENT, CIVIC ENGAGEMENT AND IMMIGRANT INTEGRATION ACTIVITIES THROUGH OUR NEIGHBORHOOD CHANGE INITIATIVES.

Program 3

Expenses: $307,016 Revenue: $460,473

SOCIAL AND HUMAN SERVICES: THAI CDC PROVIDED CASE MANAGEMENT SERVICES IN THE AREAS OF PUBLIC BENEFITS, LABOR, TRAFFICKING, AND IMMIGRATION AND FAMILY LAW. THAI CDC ALSO IMPLEMENTED THAI CDC COVID...

SOCIAL AND HUMAN SERVICES: THAI CDC PROVIDED CASE MANAGEMENT SERVICES IN THE AREAS OF PUBLIC BENEFITS, LABOR, TRAFFICKING, AND IMMIGRATION AND FAMILY LAW. THAI CDC ALSO IMPLEMENTED THAI CDC COVID AID, RAPID RESPONSE, RELIEF AND EMERGENCY SERVICES (THAI CDC CARES) AT THE OUTSET OF COVID-19 ON MARCH 13, 2020 TO PROVIDE CASH AND FOOD AID, COVID-19 TESTING AND VACCINATIONS, AND HEALTH EDUCATION AND OUTREACH IN AN EFFORT TO MITIGATE THE ADVERSE IMPACT OF THE PANDEMIC ON VULNERABLE MEMBERS OF 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%)

Financial Overview (2022)

Revenue Breakdown

Contributions & Grants $1,752,583

Program Service Revenue $9,254

Investment Income $255

Other Revenue $0

TOTAL REVENUE $1,762,092

Expense Breakdown

Grants Paid $0

Salaries & Benefits $957,755

Fundraising Expenses $0

Program Expenses $1,545,058

Other Expenses $983,707

TOTAL EXPENSES $1,941,462

Year-over-Year Comparison

	2022	2021	Change
Revenue	$1,762,092	$1,446,103	+0.2%
Expenses	$1,941,462	$1,882,047	+0.0%
Net Income	$-179,370	$-435,944	-0.6%

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

Governance

Voting Members

Independent Members

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
BRIAN CHOW	DIRECTOR	N/A	Director	$0	$0	$0
STACEY LEE	DIRECTOR	N/A	Director	$0	$0	$0
SKYLA BARNES	DIRECTOR	N/A	Director	$0	$0	$0
JAMES CHONG	DIRECTOR	N/A	Director	$0	$0	$0
MATTHEW LUM	PRESIDENT/DI	N/A	Officer Director	$0	$0	$0
SURASAK WONSKHALUANG	DIRECTOR	N/A	Director	$0	$0	$0
MICHELLE CHEUNG	DIRECTOR	N/A	Director	$0	$0	$0
PETER LEE	DIRECTOR	N/A	Director	$0	$0	$0
DAVID MORRISON	DIRECTOR	N/A	Director	$0	$0	$0
YAN WENG	TREASURER/DI	N/A	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	No data	No data	No data	No data
2024	No data	No data	No data	No data
2023	$1,762,092	$1,941,462	$422,640	$-179,370
2022	$1,446,103	$1,882,047	$680,179	$-435,944
2021	$2,483,073	$2,538,087	$658,342	$-55,014
2020	$1,056,781	$729,601	$526,102	$327,180
2019	$844,826	$769,894	$407,714	$74,932
2018	$632,012	$591,479	$80,952	$40,533