FRIENDS OF FALUN GONG INC

EIN: 134145670 501(c)(3) Education

WAYNE, NJ

Total Revenue
$499,676
Total Expenses
$624,927
Total Assets
$2,344,749
Net Assets
$2,176,421
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2000
Legal Domicile
NY
Principal Officer
ALAN ADLER
Phone
2015682620
Tax Period
2023-11-01 to 2024-10-31

FRIENDS OF FALUN GONG INC, founded in 2000, is a small nonprofit in the Education sector that reported $500K in total revenue in fiscal year 2023. Revenue fell 43% from the prior year — a significant decline worth monitoring. Expenses of $625K exceeded revenue, resulting in a 25% operating deficit.

Mission

TO SUPPORT THE FREEDOM OF BELIEF OF PERSONS WHO PRACTICE FALUN GONG. THE ORGANIZATION IS FOCUSED ON PREVENTING AND ENDING VIOLATIONS OF THE RIGHT TO PRACTICE FALUN GONG, OPENLY, FREELY AND WITH DIGNITY WORLDWIDE.

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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 (2023)

Revenue Breakdown

Contributions & Grants $387,521
Program Service Revenue $0
Investment Income $56,055
Other Revenue $56,100
TOTAL REVENUE $499,676

Expense Breakdown

Grants Paid $135,540
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $598,643
Other Expenses $489,387
TOTAL EXPENSES $624,927

Year-over-Year Comparison

2023 2022 Change
Revenue $499,676 $874,353 -0.4%
Expenses $624,927 $878,366 -0.3%
Net Income $-125,251 $-4,013 +30.2%
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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Governance

Voting Members
3
Independent Members
3
Employees
N/A
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
0
$0
Total Directors
3
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ALAN ADLER DIRECTOR N/A
Director
$0 $0 $0
CHRISTINE LIN DIRECTOR N/A
Director
$0 $0 $0
PAULINA WERTHEN DIRECTOR N/A
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
2024 $499,676 $624,927 $2,344,749 $-125,251
2022 $1,120,272 $957,006 $2,637,830 $163,266
2021 $1,887,778 $2,077,920 $2,159,702 $-190,142
2020 $4,058,713 $3,630,857 $2,340,217 $427,856
2019 $3,315,577 $2,812,481 $2,306,960 $503,096
2019 $3,315,577 $2,812,481 $2,306,960 $503,096
2018 $2,806,365 $3,067,638 $1,472,052 $-261,273
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