Chua Family Charitable Found In Memory Chua Koan & Chang Su Cheng
Chua Family Charitable Foundation consistently grows assets with zero reported officer compensation.
EIN: 201961263 · Oakbrook Terrace, IL · NTEE: T20 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $1.1M |
| Total Expenses | $110K |
| Program Spending | 90% |
| CEO/Top Officer Pay | $2 |
| Net Assets | $2.2M |
| Transparency Score | 92/100 |
Is Chua Family Charitable Found In Memory Chua Koan & Chang Su Cheng Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Chua Family Charitable Found In Memory Chua Koan & Chang Su Cheng directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Chua Family Charitable Found In Memory Chua Koan & Chang Su Cheng
Chua Family Charitable Found In Memory Chua Koan & Chang Su Cheng (EIN: 201961263) is a nonprofit organization based in Oakbrook Terrace, IL, classified under NTEE code T20. The organization reported total revenue of $1.1M and total assets of $3.0M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Chua Family Charitable Found In Memory Chua Koan & Chang Su Cheng's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Chua Family Charitable Found In Memory Chua Koan & Chang Su Cheng is a mid-size nonprofit that has been operating for 21 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 10.0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $441K |
| Total Expenses | $110K |
| Surplus / Deficit | +$331K |
| Total Assets | $2.3M |
| Total Liabilities | $70K |
| Net Assets | $2.2M |
| Operating Margin | 75.1% |
| Debt-to-Asset Ratio | 3.1% |
| Months of Reserves | 248.7 months |
Financial Health Grade: A
In 2023, Chua Family Charitable Found In Memory Chua Koan & Chang Su Cheng reported a surplus of $331K with revenue exceeding expenses, holds 248.7 months of operating reserves (strong position), has a debt-to-asset ratio of 3.1% (very low leverage).
Financial Trends
Over 10 years of filings (2011–2023), Chua Family Charitable Found In Memory Chua Koan & Chang Su Cheng's revenue has grown at a compound annual growth rate (CAGR) of 10.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +341.1% | -35.0% | +14.9% |
| 2022 | -62.4% | +85.2% | +1.9% |
| 2021 | +92.8% | +264.2% | +9.8% |
| 2020 | -41.8% | -69.6% | +6.8% |
| 2019 | +33.0% | +164.3% | +47.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2005 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Chua Family Charitable Found In Memory Chua Koan & Chang Su Cheng with a Mission Score of 92 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 10%
- programs: 90%
- fundraising: 0%
According to IRS 990 filings, Chua Family Charitable Found In Memory Chua Koan & Chang Su Cheng allocates its expenses as follows: admin: 10%, programs: 90%, fundraising: 0%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $331K, with revenue exceeding expenses.
- Debt-to-asset ratio: 3.1%.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, indicating that the organization's leadership is entirely volunteer-based or compensated through other means not reported as officer compensation, which is highly efficient for an organization with assets exceeding $2 million.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Strengths
The following positive indicators were identified for Chua Family Charitable Found In Memory Chua Koan & Chang Su Cheng:
- Consistent asset growth, reaching $2,276,665 in 2023.
- Zero reported officer compensation across all filings, indicating high efficiency.
- Long history of IRS 990 filings (10 filings), demonstrating transparency.
- Expenses consistently lower than revenue, contributing to financial stability and growth.
- Low liabilities relative to assets, with liabilities at $70,004 against assets of $2,276,665 in 2023.
Frequently Asked Questions about Chua Family Charitable Found In Memory Chua Koan & Chang Su Cheng
Is Chua Family Charitable Found In Memory Chua Koan & Chang Su Cheng a legitimate charity?
Chua Family Charitable Found In Memory Chua Koan & Chang Su Cheng (EIN: 201961263) is a registered tax-exempt nonprofit based in Illinois. Our AI analysis gives it a Mission Score of 92/100. It has 10 years of IRS 990 filings on record. Total revenue: $1.1M. No red flags identified. 5 strengths noted. Financial health grade: A.
How does Chua Family Charitable Found In Memory Chua Koan & Chang Su Cheng spend its money?
Chua Family Charitable Found In Memory Chua Koan & Chang Su Cheng directs 90% of its spending to programs and services. This exceeds the 65% industry benchmark.
Are donations to Chua Family Charitable Found In Memory Chua Koan & Chang Su Cheng tax-deductible?
Chua Family Charitable Found In Memory Chua Koan & Chang Su Cheng is registered as a tax-exempt nonprofit (EIN: 201961263). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Chua Family Charitable Found In Memory Chua Koan & Chang Su Cheng CEO make?
Chua Family Charitable Found In Memory Chua Koan & Chang Su Cheng's highest-compensated officer earns $2 annually. The organization reported $1.1M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
How does Chua Family Charitable Found In Memory Chua Koan & Chang Su Cheng compare to similar nonprofits?
With a transparency score of 92/100 (Excellent), Chua Family Charitable Found In Memory Chua Koan & Chang Su Cheng is above average for NTEE category T20 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Chua Family Charitable Found In Memory Chua Koan & Chang Su Cheng located?
Chua Family Charitable Found In Memory Chua Koan & Chang Su Cheng is headquartered in Oakbrook Terrace, Illinois and files with the IRS under EIN 201961263. It is classified under NTEE code T20.
How many years of IRS 990 filings does Chua Family Charitable Found In Memory Chua Koan & Chang Su Cheng have?
Chua Family Charitable Found In Memory Chua Koan & Chang Su Cheng has 10 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $1.1M in total revenue.
Is Chua Family Charitable Found In Memory Chua Koan & Chang Su Cheng a good charity?
Based on the available data, the organization appears to be a good charity. It demonstrates strong financial health with growing assets ($2,276,665 in 2023), very low administrative overhead (0% officer compensation), and consistent transparency through regular IRS 990 filings. Its focus seems to be on long-term asset growth to support its mission.
How does the organization manage its expenses relative to its revenue?
The organization generally manages its expenses well below its revenue. For example, in 2023, expenses were $109,869 against $440,906 in revenue. This suggests a strategy of accumulating assets and building capacity rather than spending all incoming funds annually.
What is the trend in the organization's assets?
The organization's assets have shown a consistent upward trend over the past decade, growing from $838,410 in 2011 to $2,276,665 in 2023, indicating strong financial stewardship and growth.
Filing History
IRS 990 filing history for Chua Family Charitable Found In Memory Chua Koan & Chang Su Cheng showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Chua Family Charitable Found In Memory Chua Koan & Chang Su Cheng's revenue has grown by 215.3%, moving from $140K to $441K. Total assets increased by 171.5% over the same period, from $838K to $2.3M. Total functional expenses rose by 19.6%, from $92K to $110K. In its most recent filing year (2023), Chua Family Charitable Found In Memory Chua Koan & Chang Su Cheng reported a surplus of $331K, with revenue exceeding expenses. The organization holds $70K in liabilities against $2.3M in assets (debt-to-asset ratio: 3.1%), resulting in net assets of $2.2M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $441K | $110K | $2.3M | $70K | — | — |
| 2022 | $100K | $169K | $2.0M | $105K | — | View 990 |
| 2021 | $266K | $91K | $1.9M | $1 | — | View 990 |
| 2020 | $138K | $25K | $1.8M | $374 | — | — |
| 2019 | $237K | $82K | $1.7M | $1 | — | — |
| 2015 | $178K | $31K | $1.1M | $1 | — | View 990 |
| 2014 | $235K | $27K | $989K | $11K | — | View 990 |
| 2013 | $38K | $27K | $774K | $5K | — | View 990 |
| 2012 | $-619 | $55K | $767K | $10K | — | View 990 |
| 2011 | $140K | $92K | $838K | $25K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $441K, expenses of $110K, and assets of $2.3M (revenue +341.1% year-over-year).
- 2022: Revenue of $100K, expenses of $169K, and assets of $2.0M (revenue -62.4% year-over-year).
- 2021: Revenue of $266K, expenses of $91K, and assets of $1.9M (revenue +92.8% year-over-year).
- 2020: Revenue of $138K, expenses of $25K, and assets of $1.8M (revenue -41.8% year-over-year).
- 2019: Revenue of $237K, expenses of $82K, and assets of $1.7M (revenue +33.0% year-over-year).
- 2015: Revenue of $178K, expenses of $31K, and assets of $1.1M (revenue -24.4% year-over-year).
- 2014: Revenue of $235K, expenses of $27K, and assets of $989K (revenue +518.8% year-over-year).
- 2013: Revenue of $38K, expenses of $27K, and assets of $774K.
- 2012: Revenue of $-619, expenses of $55K, and assets of $767K (revenue -100.4% year-over-year).
- 2011: Revenue of $140K, expenses of $92K, and assets of $838K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Chua Family Charitable Found In Memory Chua Koan & Chang Su Cheng:
Data Sources and Methodology
This transparency report for Chua Family Charitable Found In Memory Chua Koan & Chang Su Cheng is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.