UNITED SHERPA ASSOCIATION USA INC

EIN: 113398814 501(c)(3) Arts, Culture & Humanities

Elmhurst, NY

Total Revenue
$560,154
Total Expenses
$530,035
Total Assets
$2,394,930
Net Assets
$2,381,477
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1996
Legal Domicile
NY
Principal Officer
TEMBA SHERPA PRESIDENT
Phone
7187797300
Tax Period
2024-01-01 to 2024-12-31

UNITED SHERPA ASSOCIATION USA INC, founded in 1996, is a small nonprofit in the Arts, Culture & Humanities sector that reported $560K in total revenue in fiscal year 2024. Revenue grew 8% year-over-year, indicating healthy expansion. Expenses of $530K left a modest 5% surplus.

Mission

THE MISSION OF THE ORGANIZATION IS TO CREATE A COMMON PLATFORM FOR THE ADVANCEMENT OF YOUTH, PROMOTION AND PRESERVATION OF SHERPA CULTURE AND BUDDHIST TRADITIONS THROUGH VARIOUS SOCIAL AND CULTURAL EVENTS.

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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%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $207,549
Program Service Revenue $210,270
Investment Income $94
Other Revenue $142,241
TOTAL REVENUE $560,154

Expense Breakdown

Grants Paid $0
Salaries & Benefits $91,474
Fundraising Expenses $0
Program Expenses $475,398
Other Expenses $438,561
TOTAL EXPENSES $530,035

Year-over-Year Comparison

2024 2023 Change
Revenue $560,154 $517,986 +0.1%
Expenses $530,035 $476,126 +0.1%
Net Income $30,119 $41,860 -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

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Liquidity & Cash Position

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Governance

Voting Members
15
Independent Members
15
Employees
3
Volunteers
50

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
15
$0
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
TEMBA SHERPA PRESIDENT 15.00
Officer
$0 $0 $0
SER J SHERPA BOARD MEMBER 10.00
Officer
$0 $0 $0
ANG S SHERPA VICE PRESIDENT 10.00
Officer
$0 $0 $0
SANG D SHERPA GENERAL SECRETARY 10.00
Officer
$0 $0 $0
JANGBU SHERPA SECRETARY 10.00
Officer
$0 $0 $0
CHING N SHERPA TREASURER 10.00
Officer
$0 $0 $0
PASANG N SHERPA JOINT TREASURER 10.00
Officer
$0 $0 $0
DAWA Y SHERPA SPOKES PERSON 10.00
Officer
$0 $0 $0
NGAWANG T SHERPA BOARD MEMBER 2.00
Officer
$0 $0 $0
KARMA LAMA BOARD MEMBER 2.00
Officer
$0 $0 $0
NGAWANG J SHERPA BOARD MEMBER 2.00
Officer
$0 $0 $0
KANCHHI LAMA BOARD MEMBER 2.00
Officer
$0 $0 $0
JIGMEE LAMA BOARD MEMBER 2.00
Officer
$0 $0 $0
MINGMA C SHERPA BOARD MEMBER 2.00
Officer
$0 $0 $0
LAXMI SHERPA BOARD MEMBER 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 $560,154 $530,035 $2,394,930 $30,119
2023 $517,986 $476,126 $2,368,594 $41,860
2022 $581,896 $523,565 $2,319,616 $58,331
2021 $829,040 $551,423 $2,279,560 $277,617
2020 $367,118 $327,994 $1,992,706 $39,124
2019 $579,794 $418,739 $1,946,358 $161,055
2018 $318,083 $320,482 $1,825,248 $-2,399
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