THE TIBET CENTER INC (EIN 132872904) - 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

1999

Legal Domicile

Principal Officer

ANTHONY SPINA

Phone

7182220007

Tax Period

2023-01-01 to 2023-12-31

THE TIBET CENTER INC, founded in 1999, is a small nonprofit that reported $209K in total revenue in fiscal year 2023. Revenue surged 33% from the prior year, signaling strong growth momentum. Expenses of $259K exceeded revenue, resulting in a 24% operating deficit.

Mission

TO PROVIDE EDUCATIONAL PROGRAMS ABOUT BUDDHISM AND SPIRITUAL TRADITIONS, INCLUDING A FACILITY FOR THE STUDY OF BUDDHISM, TEACHING AND LECTURE, BUDDHIST RETREATS AND RITUALS. PROVIDE MEDITATION CLASSES AND AN ENVIRONMENT FOR STUDY AND REFLECTION.

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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 (2023)

Revenue Breakdown

Contributions & Grants $206,798

Program Service Revenue $2,227

Investment Income $13

Other Revenue $66

TOTAL REVENUE $209,104

Expense Breakdown

Grants Paid $0

Salaries & Benefits $131,034

Fundraising Expenses $0

Program Expenses $227,056

Other Expenses $128,115

TOTAL EXPENSES $259,149

Year-over-Year Comparison

	2023	2022	Change
Revenue	$209,104	$157,732	+0.3%
Expenses	$259,149	$240,067	+0.1%
Net Income	$-50,045	$-82,335	-0.4%

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

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

$58,000

Total Directors

$63,008

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
DARREN J SMITH	SECRETARY	40.00	Director	$63,008	$0	$63,008
KHEN R NICHOLAS VREELAND	DIRECTOR	40.00	Officer	$58,000	$0	$58,000
KYABJE LING RINPOCEH	PRESIDENT	0.00	Officer Director	$0	$0	$0
ANTHONY SPINA	TREASURER	0.00	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	No data	No data	No data	No data
2023	$209,104	$259,149	$829,463	$-50,045
2022	$157,732	$240,067	$884,182	$-82,335
2021	$54,517	$203,459	$980,429	$-148,942
2020	$166,908	$223,257	$1,127,712	$-56,349
2019	$147,825	$226,686	$1,178,187	$-78,861
2018	$115,461	$239,369	$1,263,731	$-123,908

THE TIBET CENTER INC