LUNG DOO CHUNG SIN TONG BENEVOLENT SOCIETY (EIN 990046888) - 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

1891

Legal Domicile

Principal Officer

CHUNG YI FONG

Phone

8085372853

Tax Period

2024-01-01 to 2024-12-31

LUNG DOO CHUNG SIN TONG BENEVOLENT SOCIETY, founded in 1891, is a small nonprofit that reported $374K in total revenue in fiscal year 2024. Revenue surged 22% from the prior year, signaling strong growth momentum. The organization ran a surplus of $177K, a strong 47% operating margin.

Mission

SPONSOR CHARITABLE PROGRAM AND PROMOTE CHINESE CULTURE.

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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 $3,458

Program Service Revenue $9,485

Investment Income $49,954

Other Revenue $311,508

TOTAL REVENUE $374,405

Expense Breakdown

Grants Paid $17,050

Salaries & Benefits $27,876

Fundraising Expenses $0

Program Expenses $104,145

Other Expenses $151,620

TOTAL EXPENSES $197,777

Year-over-Year Comparison

	2024	2023	Change
Revenue	$374,405	$306,704	+0.2%
Expenses	$197,777	$166,383	+0.2%
Net Income	$176,628	$140,321	+0.3%

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

119

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
CY FENG	ENGLISH SECR	2.00	Officer	$0	$0	$0
CHUNG YI FONG	PRESIDENT	2.00	Officer	$0	$0	$0
WEI HONG HUANG	CHINESE SECR	2.00	Officer	$0	$0	$0
TONY KWAN	ASSISTANT TR	2.00	Officer	$0	$0	$0
BUCK YOUNG LEE	AUDITOR	2.00	Officer	$0	$0	$0
CAI SHU LEE	TREASURER	2.00	Officer	$0	$0	$0
WEI QI YANG	VICE PRESIDE	2.00	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	$374,405	$197,777	$2,634,437	$176,628
2023	$306,704	$166,383	$2,457,472	$140,321
2022	$256,940	$82,160	$2,333,493	$174,780
2021	$211,500	$24,399	$2,158,653	$187,101
2020	$179,804	$51,526	$1,971,366	$128,278
2019	$292,740	$172,576	$1,844,508	$120,164
2018	$276,152	$127,456	$1,723,752	$148,696

LUNG DOO CHUNG SIN TONG BENEVOLENT SOCIETY