North Carolina Fujianese American Association
Nonprofit profile at a glance
- EIN
- 993532962
- IRS 990-EZ coverage
- 2024–2024
- Forms available
- Form 990-EZ 2024
- Location
- Cary, NC, USA
- Phone
- 9199611858
- Rating
- 38
- Verdict
- REVIEW
- Rating confidence
- Limited
- Sector
- Alliance/Advocacy
Reported finances
- Revenue
- $108,099
- Expenses
- $3,635
- Assets
- $104,464
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
3 people listed
Executive titles in this filing
- Kejin Wang (President)
- Miaozheng Li (Vice President)
People named in this filing
- Kejin Wang (President)
- Miaozheng Li (Vice President)
- Zhenglang Zheng (COO)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
The mission of this organization is to to foster friendship among the Fujianese Americans, to help members succeed in American society by sponsoring educational programs and culture exchange activities, organizing meeting, and producing publications.
What it reported doing in 2024
They helped people affected by Hurricane Helene in 204, and provide money and supplies. And they helped the members to improve their business grow and provide consulting support.
Operating model
- Revenue model
- Cannot be determined from the filing. The filing does not provide enough consistent revenue detail to tell how this nonprofit funds its work.
- Distribution model
- Transfer-based 990-EZ. The 990-EZ reports grants or member benefits, but it does not separate enough spending to show the nonprofit’s full delivery mix.
The verdict
REVIEW - The filed numbers largely add up and revenue comfortably covers expenses. A relatively small share of available resources goes toward mission work.
Rating breakdown
- Financial Efficiency: 2
- Transparency & Controls: 82
- Sustainability: 84
- Growth: NotEnoughData
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 2.6%; rating input score 3
- Program expense ratio: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: 96.6%; rating input score 100; 100th percentile among comparable filings
- Total-asset coverage ratio: 28.74; rating input score 99; 99th percentile among comparable filings
- Liabilities to assets ratio: Limited
- Officer compensation ratio: 0%; rating input score 63; 63rd percentile among comparable filings
Growth
- Program expense growth: Limited
- Revenue growth: Limited
- Asset growth: Limited
Details
- Where the money goes: 2.6% of revenue deployed
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment
- Leadership: top reported pay $0 · 3 people listed
- Consistency: 5 of 5 current checks pass
- Schedules: 1 filed schedules
- Contacts: How to reach this organization
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- High — Financial Efficiency: Mission deployment rate scored 3/100.