DHARMA FOUNDATION INC

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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

1982

Legal Domicile

Principal Officer

Joseph Goldstein

Phone

9783552347

Tax Period

2019-01-01 to 2019-12-31

DHARMA FOUNDATION INC, founded in 1982, is a micro nonprofit in the Human Services sector that reported $98K in total revenue in fiscal year 2019. Revenue fell 68% from the prior year — a significant decline worth monitoring. Expenses of $200K exceeded revenue, resulting in a 105% operating deficit.

Mission

To promote teaching and practice of insightful meditation according to Theravada Buddhism.

Program Service Accomplishments

Program 1

Expenses: $167,677 Revenue: $0

The organization offered classes and retreats on insight meditation according to the tradition of Theravada Buddhism.

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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 (2019)

Revenue Breakdown

Contributions & Grants $97,219

Program Service Revenue $0

Investment Income $340

Other Revenue $155

TOTAL REVENUE $97,714

Expense Breakdown

Grants Paid $7,556

Salaries & Benefits $4,396

Fundraising Expenses $0

Program Expenses $167,677

Other Expenses $187,986

TOTAL EXPENSES $199,938

Year-over-Year Comparison

	2019	2018	Change
Revenue	$97,714	$303,390	-0.7%
Expenses	$199,938	$267,867	-0.3%
Net Income	$-102,224	$35,523	-3.9%

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

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

$60,346

Total Directors

$62,754

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Joseph Goldstein	President	1	Officer Director	$0	$0	$0
Michele McDonald	Secretary	1	Officer Director	$0	$0	$0
Sharon Salzberg	Treasurer	5	Officer Director	$60,346	$0	$60,346
Carol Wilson	Director	1	Director	$2,408	$0	$2,408
Anansuya Weil	Director	1	Director	$0	$0	$0
Steven Schwartz	Director	1	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
2019	$97,714	$199,938	$239,311	$-102,224
2018	$303,390	$267,867	$340,248	$35,523